Inflation is stealing the show today with consumers increasingly anxious about tariffs and higher costs. KPMG’s Diane Swonk is now forecasting zero Fed rate cuts this year and joins us to make her case. Plus, we’ll speak with the Frontier CEO as the stock soars on the back of earnings and on the heels of making another offer to buy Spirit. And the U.S. unit of Belgian cement producer, Titan America, is going public on the NYSE. The CEO joins us in a First on CNBC interview.

January’s jobs report is on deck, and there’s likely to be a huge swing on the monthly figure and some major revisions. Plus, tech stocks are underperforming this year at a level we haven’t seen in over a decade. And Amazon, Affirm, and Expedia results are on deck. We have the numbers and narratives to know in Earnings Exchange.

Alphabet shares are selling off after missing revenue estimates, but one tech portfolio manager isn’t worried about it. Plus, researchers uncovered a troubling connection between DeepSeek and a Chinese telecom company that’s banned from doing business in the U.S. We’ll speak with the man behind the report. And gold is hitting another record high as the dollar gains strength too, and that has one portfolio manager looking to buy some unloved names.

Wall Street is back in love with growth names like Meta and Palantir, but our guest has a word of caution for investors banking on big returns. Plus, more companies are splitting their stock and seeing big returns afterwards. We’ll ask Bank of America who’s next on their watchlist. And tariffs are mostly on pause, but there’s another headwind on the horizon for retail stocks.

Stocks are cutting their losses after opening sharply lower, following news of a temporary tariff deal between the U.S. and Mexico. We have the impact to the economy and supply chain. Plus, one CEO is warning of a lumber supply shock as homebuilders depend on Canadian lumber to construct houses. And Nvidia is coming off its worst week in more than two years after the DeepSeek-induced sell-off. Wall Street’s #1 analyst joins us with a look at the tariff risk facing the space.

The Fed’s preferred inflation gauge came in-line with estimates. We’ll look at how to position as stocks shake off a rough start to the year. Plus, Nvidia’s CEO is at the White House to meet with President Trump. And tariffs are set to take effect on Mexico, Canada, and China tomorrow. We’ll look at which companies have the most exposure and how to protect your portfolio.

Tesla moving higher despite dismal results, but our analyst says its in a unique position with a supercharged AI and self-driving outlook. Plus, Apple is on deck to report results and one CIO says the bar seems pretty low post-DeepSeek. And UPS is tracking for its worst day on record after announcing plans to scale back Amazon deliveries. We’ll speak with the CEO about that and their cost-cutting efforts.

We’re gearing up for the Fed’s first rate decision under the second Trump administration, and what to expect Chair Powell to say at his press conference. Plus, Nvidia falling again on more AI news and reports of potentially stricter restrictions on their China sales. And we’ll look ahead to Microsoft, Tesla and Caterpillar’s results after the bell in Earnings Exchange.