Special Report | Markets in Turmoil: Crisis in America

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Special Report | Markets in Turmoil: Crisis in America

FromSquawk Pod

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Length:

48 minutes

Released:

Jun 3, 2020

Format:

Podcast episode

Description

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S.

Released:

Jun 3, 2020

Format:

Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.

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Special Report | Markets in Turmoil: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
44 min listen
Goldman’s Former Head Lloyd Blankfein: Poverty & GDP Are Also Health Issues: Lloyd Blankfein, former Goldman Sachs CEO and famed risk manager, discusses reopening economies to spare Americans further economic--and possibly physical--damage, and he shares lessons learned from the last financial crisis. United States Secretary of State Mike Pompeo explains Covid diplomacy as the U.S. looks to China for help in ending the global pandemic. by Squawk Pod
35 min listen
Special Report | Markets in Turmoil: Democratic Aid: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
45 min listen
Magic Johnson; Galatoire’s New Orleans; Main Street Recovery: NBA legend and entrepreneur Magic Johnson has teamed up with MBE Capital Partners CEO Rafael Martinez to deploy $100 million to fund loans for minority- and women-owned small businesses hit by the Covid-19 shutdowns. Melvin Rodrigue, CEO of New Orleans iconic restaurant Galatoire’s, joined industry leaders at the White House for a meeting about the administration’s Paycheck Protection Program. He discusses what he and his fellow restaurateurs need to keep serving their customers--and their employees--after the pandemic. Plus, real estate magnate and hospitality CEO Barry Sternlicht is calling for U.S. businesses to reopen as long as they comply with health recommendations. As it is, he says, America’s Main Streets will never look the same. by Squawk Pod
31 min listen
Special Report | Markets in Turmoil: Your Business & Reopening America: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
43 min listen
Kara Swisher on Elon Musk: He’s not bluffing: “I don’t love to compare him to Trump but these techniques…are not dissimilar.” Pivot podcast co-host and Silicon Valley journalist Kara Swisher talks Tesla and says Elon Musk is not bluffing in his threat to relocate his California manufacturing. Musk may be eager to reopen economies and get back to business, but Director of the NIAID Dr. Anthony Fauci is warning the U.S. about the dangers of reopening state economies too soon. Senator Rob Portman (R-OH) discusses his state’s gradual reopening and the House Democrats’ $3T pandemic relief proposal. Plus, CEO of direct-to-consumer online shoe retailer M.Gemi explains how his company is ramping business back up as Italy’s economy reopens and America’s remains largely closed. by Squawk Pod
39 min listen
Ariel’s Mellody Hobson: Corporate America, Talk Is Cheap: Mellody Hobson, Co-CEO of the largest African American-owned investment firm in the U.S., urges for genuine leadership among her corporate peers, and challenges them to stand up for justice beyond a well-meaning press release. Chairman and outgoing AT&T CEO Randall Stephenson vocally defended the Black Lives Matter movement in 2016 after the fatal shooting of Alton Sterling in Louisiana. Today, he reiterates his message that tolerance is not enough, and he urges other corporate leaders to facilitate impactful dialogue and action internally. by Squawk Pod
31 min listen
Life, Travel, & Security After a Pandemic: U.S. retail sales have plummeted as Americans cut back spending on non-essential items. Chinese businesses are largely up and running again, although CNBC Beijing Bureau Chief Eunice Yoon says life in the aftermath of the coronavirus looks very different from life before it. Mobile phones generate unique barcodes of health and travel data, and hazmat suits and temperature checkpoints are part of the country’s new normal. CEO of touchless airport security company CLEAR explains handsfree travel technology and health data collection in a post-Covid world. Boeing CEO Dave Calhoun is facing some backlash after he said that a major airline carrier may not survive the Covid crisis. CNBC’s Phil Lebeau discusses airline leadership and how lawmakers are now getting involved in the effort to socially distance plane passengers. Pilot Dennis Tajer, spokesman for the Allied Pilots Association, is calling for concrete guidance from the FAA and the Departmen by Squawk Pod
29 min listen
Paul Tudor Jones: America’s Love of Freedom, Its Greatest Strength & Greatest Weakness: Hedge fund titan and Robin Hood founder Paul Tudor Jones weighs in on the markets, the American spirit, and charity amid the pandemic. Tonight’s Robin Hood Foundation Annual Benefit will be hosted virtually by Tina Fey. Dr. Scott Gottlieb explains the recently approved antigen test that identifies asymptomatic Covid carriers. PayPal CEO Dan Schulman shares how his platform is monitoring and accommodating shifting consumer behavior during the pandemic. Plus, Elon Musk’s busy weekend: filing a lawsuit against a California county and celebrating his partner Grimes’ first Mother’s Day with X Æ A-12. by Squawk Pod
37 min listen
Eric Schmidt, Google’s Former CEO; A Potential “She-Cession” Looms: Eric Schmidt, Google’s former CEO and Executive Chairman, has teamed up with New York Governor Cuomo. Schmidt explains technology’s role in the Covid-19 pandemic, from surviving it to ending it, and through whatever comes afterward. In a conversation exclusive to Squawk Pod, Andrew Ross Sorkin shares context on the man who built Google into the behemoth we know today, and the backlash that comes with asking billionaires for help in a crisis. Plus, journalist and CNBC contributor Joanne Lipman says a successful economic reopening depends on supporting women in the workforce. by Squawk Pod
24 min listen
Special Report | Markets in Turmoil: California Reopening & Moderna Vaccine by Squawk Pod
43 min listen
Building a New Normal: Police Reform & FreshDirect: AT&T Executive Chairman and Business Roundtable Chairman Randall Stephenson reveals how the BRT’s coalition of 200 CEOs are thinking about calls to defund the police. He shares AT&T’s vision and action plans for a diverse and equitable workplace. FreshDirect CEO David McInerney discusses the grocery delivery boom throughout the pandemic and how the food landscape may be forever altered. by Squawk Pod
35 min listen
Special Report | Markets in Turmoil: Reopening: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
44 min listen
Walmart CEO: When I think of the future, I think locally first: Doug McMillon, CEO of America’s largest brick-and-mortar retailer and one of the country’s biggest employers, discusses his company’s efforts to support Walmart’s current associates while simultaneously making 200,000 new hires during the pandemic. As Chairman of the Business Roundtable, McMillon outlines his view of corporate responsibility in a global crisis. Plus, first reports are rarely right. And even if they are, there’s usually more to the story. Joe, Becky, and Andrew discuss the value in providing context behind the day’s headlines. by Squawk Pod
32 min listen
Unemployment Hits 14.7%; Uber CEO Navigating a Crisis: The historic April jobs report from the U.S. Labor Department revealed the highest level of unemployment since the Great Depression. Market historian and UPenn Wharton Professor Jeremy Siegel shares some context for these numbers, as well as his projections for America post-Covid. Plus, Uber CEO Dara Khosrowshahi explains his plan to support and protect drivers providing essential services during the crisis. by Squawk Pod
28 min listen
Racing for a Vaccine: Moderna’s Phase 1 Human Trial: Moderna CEO Stephane Bancel shares the first human data for a Covid-19 vaccine program. Early results from the study are promising, and the markets agree. Surgeon, author, and The New Yorker staff writer Dr. Atul Gawande has a “Regimen for Reentry” as the United States plans reopening businesses in the wake of the pandemic. Plus, sagas from Silicon Valley: Grubhub spurns an Uber union, Softbank weathers a leadership and monetary loss, and Senator Amy Klobuchar (D-MN) is taking on big tech (again) via Twitter. by Squawk Pod
35 min listen
Mark Zuckerberg & the Arbiters of Truth: “I don’t think that Facebook or internet platforms in general should be arbiters of truth.” Facebook CEO Mark Zuckerberg considers social media’s obligation to censor--and not censor--information available on their platforms. In an extended interview with Andrew Ross Sorkin, Zuckerberg discusses his company’s role in politics, truth, and the future of work. Plus, Andrew reflects on the interview in a conversation exclusive to Squawk Pod. by Squawk Pod
31 min listen
Twitter and Trump; Bank of America CEO on Economic Comeback: Twitter and President Trump spar over social media censorship. Former White House Chief Technology Officer Aneesh Chopra suggests negotiating industry standards on appropriate content across social media platforms to help mitigate the escalating tensions. Plus, Bank of America CEO Brian Moynihan sees light at the end of the coronavirus tunnel as economies begin to reopen. by Squawk Pod
33 min listen
Special Report | Markets in Turmoil: Recession vs. Reopening: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
45 min listen
Special Report | Markets in Turmoil: Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. by Squawk Pod
45 min listen
Special Report | Markets in Turmoil: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
44 min listen
Special Report | Markets in Turmoil: Travel & Contact Tracing: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
45 min listen
Special Report | Markets in Turmoil: Remdesivir Challenges: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
45 min listen
Musk vs. California; Virgin Galactic Chairman; Crypto & Covid: Virgin Galactic Chairman, Social Capital founder, Facebook alumnus, and outspoken investor Chamath Palihapitiya weighs in on Tesla and its famed founder, the Fed’s controversial moves, and roles governments and businesses should play during a pandemic. Plus, bestselling author Ben Mezrich has teamed up with The Boston Globe in his newest work, a slow-release novella available chapter by chapter throughout May. The writer behind “The Social Network,” “Bitcoin Billionaires,” and “Q,” a 2015 book about a pandemic forcing New York City into quarantine speaks to our new world of crypto-investing, streaming, and staying home. by Squawk Pod
28 min listen
Coca-Cola CEO; NJ Governor on Reopening: Data Determines Dates: New Jersey is reopening its beaches just in time for Memorial Day Weekend. New Jersey Governor Phil Murphy explains his state’s strategy for getting back to business as the pandemic wages on. Plus Coca-Cola sales shrunk as restaurants, offices, and other away from home channels closed their doors. CEO James Quincey shares how Coca-Cola is attempting to make up for the lost business, and how he’s gauging consumer trends during the pandemic and beyond. Plus, how are you looking after your hair...and your home in isolation? The Squawk team reveals their methods for working from home, from Mr. Vacuum and Mr. Laundry to at-home hairdressing. by Squawk Pod
33 min listen
Citigroup’s Ray McGuire: Maybe This Time It’s Different: Ray McGuire, Vice Chairman of Citigroup, calls for executive action in response to the deaths of George Floyd, Breonna Taylor, Ahmaud Arbery, and other Black Americans. He recommends companies work to close the opportunity gap in the U.S. with investments in early education technology for Black communities. As he recounts his own journey to Wall Street boardrooms, he says, “It’s not about me...it’s about all of those kids who look like me.” As nationwide protests of systemic racism continue, states across the country attempt to reopen their economies and stem a resurgence of Covid-19. Former FDA Commissioner Dr. Scott Gottlieb discusses the uncertain path ahead and highlights which states are on the right track. by Squawk Pod
31 min listen
Walmart CEO & Business Roundtable Chairman Doug McMillon: Doug McMillon, Walmart CEO and Chairman of the Business Roundtable, announces the BRT’s new CEO collaborative committee to advance racial equity and justice solutions. In discussing his CNBC.com op ed, “And Justice for All: Unshackling the Potential for Every American,” Blue Meridian Partners’ Jim Shelton takes American executives to task. He says calls for justice and acknowledging history are not enough; he calls for corporate action beyond boardrooms and press releases. Plus, Allianz Chief Economic Advisor and Squawk Box regular Mohamed El-Erian makes sense of the market rebound in the face of two American crises. by Squawk Pod
27 min listen
Special Report | Markets in Turmoil: Reopening: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod
45 min listen
Juneteenth Episode: People are hungry for change: Today we observe Juneteenth, the day commemorating when enslaved African Americans in the South learned of their freedom in 1865. Lisa Lewin, Co-Founder & Managing Partner of Ethical Ventures, reminds executives that they can and should take action to address inequality. She shares action steps and details of her Business Racial Equity Pledge. 99 years ago this June, a successful pillar of early Black entrepreneurship was burned to the ground in Tulsa, Oklahoma in one of the worst acts of racial violence in American history. Local business owners Venita Cooper, Glory Wells, and Ricco Wright discuss the resilience of Black Wall Street and share a hopeful future. Melissa Bradley, founder of business accelerator 1863 Ventures, co-founder of Ureeka, and former Presidential Appointee under two administrations, discusses the role investors play in closing opportunity gaps for Black businesses. Plus, an exclusive interview with BLCK VC’s Frede by Squawk Pod
38 min listen
Harlem Children’s Zone, Johnson & Johnson: C-Suite & Community Change: President of the Harlem Children’s Zone, activist Geoffrey Canada, shares his cradle-to-career strategy in supporting young communities of color. Alex Gorsky, CEO of the world’s largest health care company Johnson & Johnson, pushes for productive conversations about inequality and diversity in the boardroom and corresponding concrete business plans beyond it. by Squawk Pod
28 min listen

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Google’s Sit-In Pushback & Debating Student Debt Relief 04/24/24: Google has fired 50 employees over sit-in protests at the office. Yale Lecturer Joanne Lipman and The Verge’s Alex Heath discuss activism in the office, and tech’s inflection point with its employees. Jason Furman, a Democrat economist, is making his case against President Biden’s student debt relief plan, arguing that it will make inflation worse. CNBC’s Steve Liesman is breaking down U.S. productivity data and what it means for the Federal Reserve. Plus, the Federal Trade Commission has voted to ban non-competes for employee contracts, Jamie Dimon is speaking out with his concerns for the economy, and Meta’s AI glasses are getting an update. Joanne Lipman & Alex Heath - 19:35 Steve Liesman - 27:14 Jason Furman - 30:28 In this episode: Joanne Lipman, @joannelipman Alex Heath, @alexeheath Steve Liesman, @steveliesman Jason Furman, @jasonfurman Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrew by Squawk Pod
41 min listen
College Campuses Boil Over & Nobel Prize-Winner Joseph Stiglitz 04/23/24: Elite university campuses are fraught with tension as students clash with each other and college administrations over the Israel-Hamas War. Over 100 students have been arrested from pro-Palestinian demonstrations on Yale, NYU, and Columbia campuses, videos of brazen antisemitism have gone viral, and one Rabbi in Columbia’s community encouraged Jewish students to go home for their own safety. NYC Rabbi David Ingber explains the escalations and safety concerns, while donor and Columbia Business School alumnus Leon Cooperman discusses the responsibilities of higher education institutions. Plus, Nobel Prize-winning economist Joseph Stiglitz maps out the Federal Reserve’s road ahead, and Elon Musk is at odds with Australia’s Prime Minister over posts on X. Rabbi David Ingber - 12:11 Leon Cooperman - 22:44 Joseph Stiglitz - 26:26 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @a by Squawk Pod
34 min listen
Verizon CEO, Gen Z on Capitalism, & DC’s Weekend Progress 04/22/24: At Columbia in New York, protests and antisemitism on campus have prompted a day of remote learning for student safety, as well as commentary from Mayor Eric Adams. In DC, the House has passed a series of bills securing aid funding for Israel, Ukraine, and Taiwan, as well as the divest-or-ban TikTok bill. CNBC’s Emily Wilkins reports on the legislation and its impact on Speaker Mike Johnson’s career. In the thick of Wall Street’s earnings season, Verizon CEO Hans Vestberg discusses his company’s latest financial results and inflation’s pressures on consumers. Plus, pollster Frank Luntz is taking stock of Gen Z’s opinions on capitalism and democracy. He urges corporate America to pay attention to their grievances. Emily Wilkins - 03:16 Frank Luntz - 09:55 Hans Vestberg - 19:42 In this episode: Emily Wilkins, @emrwilkins Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @ by Squawk Pod
26 min listen
A Retaliatory Strike, DC’s TikTok Clock, & The Property Brothers 04/19/24: After Israel’s retaliatory strike at Iran, NBC’s Raf Sanchez is on the ground in Tel Aviv, reporting that both countries are downplaying an escalation. Stateside, CNBC’s Emily Wilkins discusses the TikTok divest-or-ban bill’s road through Congress, including its vote this weekend. Former White House Chief Technology Officer Aneesh Chopra explains the national security threats and TikTok’s road ahead. Plus, Meta has launched its newest AI tool, former President Trump’s criminal trial jury has been selected, and HGTV’s Property Brothers Drew and Jonathan Scott discuss the housing market, maximizing value, and flipping for profit. Raf Sanchez - 02:49 Emily Wilkins - 13:32 Aneesh Chopra - 16:43 Drew & Jonathan Scott - 23:53 In this episode: Raf Sanchez, @rafsanchez Emily Wilkins, @emrwilkins Melissa Lee, @MelissaLeeCNBC Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie by Squawk Pod
30 min listen
WNBA Salaries, Amazon’s ‘Big River,’ & Russia’s Interference 04/18/24: Caitlin Clark will make under $77,000 a year as the WNBA’s top pick, while her counterpart in the NBA will make $10.5m. CNBC’s Jon Fortt explains the gender gap in sports salaries and in revenues. Microsoft has found that Russia’s election interference is already underway; the company’s former cyber policy head and current chief public policy officer at SentinelOne Chris Krebs says it’s a group effort, to keep global votes safe from bad actors. Plus, Google employees were laid off after protesting, President Biden is reimposing sanctions on Venezuelan oil, and The Wall Street Journal uncovered Amazon’s secret operation to gather intel on competitors like Walmart: Big River. Plus, Squawk Pod is nominated for a Webby Award! It’s your last day to vote for us, so don’t forget to show your support here. If you haven’t heard our nominated episode, check out our special series, "Charlie Munger: A Life of Wit and Wisdom," f by Squawk Pod
27 min listen
3 Olympians, 100 Days from Paris, & 1 Big Pay Package at Tesla 04/17/24: Months after a Delaware judge voided Elon Musk’s pay package from Tesla, Tesla is asking shareholders to vote again on Musk’s $56B compensation deal. In a proxy statement, the company is also asking shareholders to approve moving Tesla’s incorporation from Delaware to Texas. Tulane Law professor Ann Lipton parses the proxy and the legal precedent for this shareholder vote. President Biden is hoping to triple the China tariff rate on steel and aluminum imports, and Federal Reserve Chair Jay Powell is signaling a longer wait for rate cuts. Plus, the 2024 Paris Olympics are 100 days away! Olympians Maggie Steffens, the Team USA Women’s Water Polo Captain, her teammate Ashleigh Johnson, and Women’s Wheelchair Basketball Paralympian Courtney Ryan say their training is just as intense as ever. And don’t forget to show your support for Squawk Pod! We’re up for a Webby Award, but we can’t win without your votes. Vote for by Squawk Pod
30 min listen
DC Aid Packages, Bitcoin’s Volatility, & Trump Media’s Slide 04/16/24: Days after bitcoin’s weekend plunge and days before the bitcoin halving, Galaxy Digital CEO Michael Novogratz discusses the trajectory of crypto assets amid geopolitical and monetary policy uncertainty. Shares of Trump Media are down 60% from the company’s high in March, after its debut. Semafor business and finance editor Liz Hoffman discusses Truth Social, the platform Trump Media owns, and she considers who owns the volatile stock–and why. House Speaker Mike Johnson plans to split an aid package for Ukraine, Israel, and other U.S. allies into separate bills. Punchbowl News co-founder Jake Sherman discusses what’s at stake for Speaker Johnson (R-LA) and for the GOP. Plus, CNBC’s Emily Wilkins reports on lawmakers encouraging the Nasdaq to delist Chinese companies blacklisted by the Defense Department. And don’t forget to show your support for Squawk Pod! We’re up for a Webby Award, but we can’t win without your vo by Squawk Pod
29 min listen
Iran’s Attack: Weighing Israel’s Response & Market Impacts 04/15/24: In a first-ever direct attack, Iran launched 300 drones and missiles at military targets inside Israel. The New York Times National Security Correspondent David Sanger explains the geopolitics at play in the Middle East and beyond, including the roles of China and Russia in a conflict between Iran and Israel. CNBC’s Eamon Javers discusses the US response in Washington, and CNBC’s Steve Liesman explains the impact of escalating tensions on the markets and on Fed policy. Plus, it’s tax day! IRS Commissioner Daniel Werfel shares news we can all use: late filing fees, online returns, and the probability of a refund–even from 2020! And, Squawk Pod is nominated for a Webby Award! Vote for Squawk Pod here and support our special series, "Charlie Munger: A Life of Wit and Wisdom," featuring our final interview with the Berkshire Hathaway Vice Chair. Eamon Javers - 02:55 David Sanger - 11:00 Steve Liesman - 18:54 Daniel Werfe by Squawk Pod
36 min listen
Amazon’s High, Food Inflation, & Antisemitism Report Cards 4/12/24: The Anti-Defamation League has released its Antisemitism Report Cards, grading U.S. universities on rates of antisemitism and administration responses to discrimination against Jewish students. ADL CEO Jonathan Greenblatt explains why institutions like MIT, Harvard, and Princeton got failing grades, and what it means for prospective students. As food inflation rises, Agriculture Secretary Tom Vilsack discusses rising costs, dwindling farmland, and encouraging entrepreneurship among American farmers. Amazon stock has hit an all-time-high, nearing a $2T market capitalization; head of internet research at Evercore ISI Mark Mahaney explains his stock picks for the tech sector. CNBC’s Julia Boorstin reports that the divest-or-ban TikTok bill is hitting snags in the Senate. Plus, what do Taylor Swift and Squawk Pod have in common? We’re both nominated for a Webby Award! Vote for Squawk Pod here and support our special series by Squawk Pod
29 min listen
Amazon CEO Andy Jassy 4/11/24: Amazon CEO Andy Jassy sits down with Andrew Ross Sorkin at Amazon headquarters in Seattle, the morning Jassy published his annual letter to shareholders. In an extended, wide-ranging conversation with Andrew, Andy Jassy discusses AI-enabled transformations (like delivery drones!), building out technology for every part of the tech stack, and streaming sports on Amazon Prime. Plus, Jassy weighs in on regulator scrutiny on the tech industry, as well as in-office work. Plus, Squawk Pod is up for a Webby Award! Vote for us here and support Squawk Pod’s special series, "Charlie Munger: A Life of Wit and Wisdom," featuring our final interview with the Berkshire Hathaway Vice Chair. Andy Jassy - 10:48 In this episode: Andy Jassy, @ajassy Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Michael Santoli, @michaelsantoli Katie Kramer, @Kramer_Katie by Squawk Pod
36 min listen
Hot Inflation Data & a Boeing Whistleblower 4/10/24: The Consumer Price Index came in hotter than expected, rising 3.5% from a year ago and 0.4% on the month. CNBC’s Rick Santelli and Steve Liesman break down the report and its implications for the Federal Reserve’s monetary policy with former Labor Department Chief Economist Betsey Stevenson. A Boeing engineer has turned whistleblower, alleging issues on the Boeing aircraft assembly line. Former FAA Administrator Randy Babbitt discusses the workplace culture across the airline industry, taking stock of the toll manufacturing culture takes on aircraft safety. Deputy Treasury Secretary Wally Adeyemo is urging Congress to approve regulatory tools to crack down on cybercriminals using cryptocurrencies. Adeyemo explains his concerns with crypto crime, including the Treasury's recommended reforms. Plus, Intel has unveiled a new AI chip, the USPS is raising the price of stamps, and Scrabble is making board changes to encourage teamwork. Wal by Squawk Pod
27 min listen
Trade Talks & Trick Shots: Rahm Emanuel & YouTubers Dude Perfect 4/9/24: President Biden will host Japanese Prime Minister Fumio Kishida in the first White House visit from Japan’s PM since 2015. U.S. Ambassador to Japan Rahm Emanuel discusses geopolitics in Asia and managing a “frenemy” relationship with China. YouTuber group Dude Perfect has secured over $100m from investor Jason Illian, the general partner at Highmount Capital. They discuss the group's expansion beyond YouTube and the many trickshots in their 15 years of content creation. Plus, the UConn Huskies triumphed in the men's March Madness tournament, Google is making adjustments to its employee message board, and Elon Musk's predicts AI will be outsmarting humans by the end of next year. Rahm Emanuel - 10:27 Dude Perfect - 23:35 In this episode: Rahm Emanuel, @USAmbJapan Dude Perfect, @DudePerfect Jason Illian, @JasonIllian Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Zach Vallese, @zachvallese by Squawk Pod
31 min listen

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Special Report | Markets in Turmoil: Crisis in America

Special Report | Markets in Turmoil: Crisis in America

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