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Powell Speaks, Coinbase Layoffs, Disney CEO's "Four Days" Message to Employees 1/10/23

Powell Speaks, Coinbase Layoffs, Disney CEO's "Four Days" Message to Employees 1/10/23

FromSquawk on the Street


Powell Speaks, Coinbase Layoffs, Disney CEO's "Four Days" Message to Employees 1/10/23

FromSquawk on the Street

ratings:
Length:
43 minutes
Released:
Jan 10, 2023
Format:
Podcast episode

Description

Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's comments from Fed Chair
Jerome Powell. In remarks delivered to Sweden’s central bank, Powell said the Fed needs to remain independent from political influence while battling inflation -- adding that "Price stability is the bedrock of a healthy economy." The anchors also reacted to Coinbase announcing its second round of layoffs in less than a year, plus what the company's CEO Brian Armstrong told CNBC about cutting 20% of its workforce. Also in focus: Disney CEO Bob Iger tells employees they would be required to work in a Disney office four days a week, Warner Bros. Discovery's big 2023 rebound, plus Apple reportedly plans to replace a key Broadcom chip with an in-house design.
Released:
Jan 10, 2023
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.