43 min listen
"Sticky" Inflation, Ford's Europe Job Cuts and EV Ramp-up, Marriott CEO on Earnings and Travel Demand 2/14/23
"Sticky" Inflation, Ford's Europe Job Cuts and EV Ramp-up, Marriott CEO on Earnings and Travel Demand 2/14/23
ratings:
Length:
43 minutes
Released:
Feb 14, 2023
Format:
Podcast episode
Description
With inflation in the spotlight, Carl Quintanilla, David Faber and Mike Santoli explored what to make of the January Consumer Price Index cooling year-over-year for a seventh consecutive month, the six-month Treasury bill spiking above 5% and what it all means for the markets and the Fed. The anchors reacted to Goldman Sachs CEO David Solomon's comments to a Credit Suisse forum: He described inflation as"sticky." Marriott International CEO Tony Capuano joined the program to discuss the hotel giant's quarterly results and outlookas it sees strong travel demand. Also in focus: Ford cuts 3,800 jobs in Europe as it pivots to electric vehicle production, Tesla changes prices on certain U.S. models and Palantir posts its first-ever quarterly profit.
Released:
Feb 14, 2023
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/08/2019: The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday 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 CEOs and greatest market minds by Squawk on the Street