SOTS 2nd Hour: Navigating the Homebuilders, Tiktok Deal Latest, & LIVE: Accenture CEO 9/25/25
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 25 September 2025
⏱️ 43 minutes
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| 0:00.0 | Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kintania with David Faber here at Post 9 of the New York Stock Exchange, along with Sarah Eisen. |
| 0:12.1 | Joining us today from Miami, we'll find out why in a minute ahead of this camp misinterview next hour with Citadel's Ken Griffin. |
| 0:18.6 | Coming up this hour, the CEO of $150 billion consulting firm Accenture |
| 0:22.4 | joins us on the back of earnings. We'll talk AI, immigration, shares are lower today. Companies |
| 0:27.9 | one of the largest petitioners of H-1B visas in the country as well. Shares a Starbucks under |
| 0:33.0 | some pressure. Brian Nicol announcing store closures in this billion-dollar restructuring. Get some details |
| 0:38.7 | on that strategy shift in a minute. But Sarah, how are things in Miami? Things are great. I'm here at |
| 0:45.9 | Florida International University where there's a big announcement coming up this hour with Ken Griffin |
| 0:51.5 | and even Moskowitz, who's the head of Success Academy, which is |
| 0:54.5 | the biggest charter school in New York, they are bringing it to Miami. Ken Griffin is announcing |
| 1:00.5 | a $50 million contribution to Success Academy on top of the millions he has already given. |
| 1:07.1 | So we're going to talk about that. It's right in the crosshairs of the New York City mayoral |
| 1:10.3 | election. There are politics here to discuss as well, and just the broken education |
| 1:16.2 | system in America. But guys, I wanted to start the hour how we always do, reflecting on the economy, |
| 1:22.2 | because we got two surprisingly, I would say surprisingly strong numbers on the health of the economy this morning. |
| 1:28.6 | Jobless claims Thursday. This is the most real-time update about what businesses are doing |
| 1:32.6 | and whether they're firing workers. We're constantly obsessing about the health of the labor |
| 1:37.3 | market. Guess what? A really good number here. 218, they actually fell. That was less than |
| 1:43.3 | consensus. So we're kind of working through |
| 1:45.6 | what happened in Texas a few weeks ago, which saw that sharp rise, as you can see near the |
| 1:49.9 | end of the chart, in the Americans filing for jobless claims. That looks like an anomaly, and we are |
| 1:55.5 | headed down. So that's a good sign, Carl and David, when you're looking for what businesses are doing with workers, they may not be hiring as much as they were, but they're not firing. |
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