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Consumer Inflation Data Fuels Rally, SBF Arrested and Indicted, Boeing CEO on Huge United Order 12/13/22

Consumer Inflation Data Fuels Rally, SBF Arrested and Indicted, Boeing CEO on Huge United Order 12/13/22

FromSquawk on the Street


Consumer Inflation Data Fuels Rally, SBF Arrested and Indicted, Boeing CEO on Huge United Order 12/13/22

FromSquawk on the Street

ratings:
Length:
46 minutes
Released:
Dec 13, 2022
Format:
Podcast episode

Description

Carl Quintanilla, Jim Cramer and David Faber led off the show with cooler-than-expected inflation data sparking a rally on Wall Street: The November Consumer Price Index rose 7.1% year-over-year, fueling hopes that tomorrow's Fed decision will result in a less aggressive interest rate hikes. The anchors discussed the big news surrounding Sam Bankman-Fried: After being arrested in the Bahamas at the request of the U.S., the founder and former CEO of FTX was hit with an eight-count federal indictment, with charges including wire fraud and conspiracy. The SEC charged Bankman-Fried with defrauding investors in FTX. Boeing CEO Dave Calhoun joined the program to discuss United Airlines making the biggest 787 Dreamliner order in Boeing's history.
Released:
Dec 13, 2022
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.