28 min listen
The Inflation Heat, A Crypto Chill, & Twitter’s $44B Lawsuit 7/13/22
FromSquawk Pod
ratings:
Length:
31 minutes
Released:
Jul 13, 2022
Format:
Podcast episode
Description
Inflation jumped 9.1% to a new 40-year high in June. CNBC’s Steve Liesman, Rick Santelli, and Mike Santoli unpack what today’s Consumer Price Index data means for the Federal Reserve and for consumer wallets. As a crypto winter puts serious pressure on the industry, some crypto lenders are collapsing. BlockFi found a lifeboat in crypto exchange FTX; in a CNBC-exclusive interview, BlockFi CEO Zac Prince explains why he discounted his company 95% to strike a credit and possible acquisition deal with FTX. Plus, Twitter is suing Elon Musk in hopes that he’ll keep his $44 billion word to buy the company, and Tulane law professor Ann Lipton lays out the possible legal moves from here–as well as any tricks Musk might have up his sleeve. In this episode:Zac Prince, @BlockFiZacAnn Lipton, @AnnMLiptonJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @AndrewrsorkinKatie Kramer, @Kramer_Katie
Released:
Jul 13, 2022
Format:
Podcast episode
Titles in the series (100)
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