45 min listen
Red-Hot Inflation; Dr Scott Gottlieb: “I do not see China’s way out of Covid” 5/11/22
FromSquawk Pod
ratings:
Length:
31 minutes
Released:
May 11, 2022
Format:
Podcast episode
Description
Inflation rose again in April, continuing a climb that has pushed consumers to the brink and is threatening the economic expansion. The consumer price index accelerated 8.3% in April, more than the 8.1% estimate and near the highest level in more than 40 years. Bitcoin dropped below $30,000 for the second time this week before turning positive as the hot inflation report causes investors to shun risky assets. Purdue University President, Mitch Daniels, former OMB director and former governor of Indiana, discusses the opportunities facing new college graduates amid the U.S.’s tight labor market. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, breaks down China’s pandemic response and rising Covid cases in the Northeast. Plus, job cuts at Carvana and Got Milk? Starbucks is under fire from actor James Cromwell for charging its customers extra for vegan milk. That won’t do, Starbucks, that won’t do.In this episode:Mitch Daniels, @purduemitchScott Gottlieb, @ScottGottliebMDAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie
Released:
May 11, 2022
Format:
Podcast episode
Titles in the series (100)
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