24 min listen
SQUAWK BOX, WEDNESDAY 20TH JANUARY, 2021
SQUAWK BOX, WEDNESDAY 20TH JANUARY, 2021
ratings:
Length:
28 minutes
Released:
Jan 20, 2021
Format:
Podcast episode
Description
Joe Biden is to be sworn in as the 46th President of the USA later today. The incoming commander-in-chief’s Treasury Secretary nominee, Janet Yellen, says that the U.S. will eventually afford a higher corporate tax rate and reiterates the need for fresh stimulus to exit the pandemic. Outgoing President Trump says he and his administration have completed what they had come to do in office. Meanwhile, bumper subscriber growth pushes Netflix stock up in after-hours trade. The streaming giant says it is close to becoming free cashflow-positive. U.S. banks kick off earnings season with Goldman Sachs seeing quarterly profits almost double while Bank of America beats on the bottom line but results are tempered by a modest consumer banking performance. And in Italy, Prime Minister Giuseppe Conte scrapes by in a confidence vote but fails to win an outright Senate majority following Matteo Renzi’s withdrawal of his Italia Viva party from the government coalition.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 20, 2021
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, THURSDAY 4TH APRIL, 2019 by Squawk Box Europe Express