Amid a ceasefire in the Israel-Hamas War , Elon Musk visited Israel for a meeting with Prime Minister Netanyahu and other Israeli officials. The trip comes as advertisers raise concerns about posts from the X owner and Tesla chief on Musk’s own platform, formerly known as Twitter. His response to an antisemitic tweet on X alarmed many, and executive consultant Eric Dezenhall says Musk’s trip to Israel might quell some of the public concern about his views. CNBC’s Beijing Bureau Chief Eunice Yoon...
Nov 28, 2023•34 min
Black Friday’s first NFL game was a big score for advertisers, who bet on sports viewers going shopping on Amazon, either during or after the game. EDO Inc. President and CEO and former digital advertising executive Kevin Krim discusses Cyber Monday and Black Friday advertising, including the retail advertising wins on field and off. Silicon Valley Congressman Ro Khanna (D-California) underscores his main concerns in the aftermath of OpenAI’s board-led implosion . Rep. Khanna is pushing for more...
Nov 27, 2023•34 min
Wall Street marks the day after Thanksgiving with a holiday-shortened session on Black Friday, but are the door-buster deals a thing of the past ? Becky Quick and Andrew Ross Sorkin are joined by CNBC’s Steve Liesman on consumer holiday behavior and WSJ’s Joanna Stern offers her picks for personal technology gift ideas . Plus, the latest in the drama and the promise of artificial intelligence as told in the OpenAI and Sam Altman saga – and if tech’s top soap opera is at all interesting to the av...
Nov 24, 2023•33 min
In this holiday pod extra, Gary Vaynerchuk discusses the outlook for advertisers from Amazon’s Black Friday football broadcast on Prime Video. And, yep - flying is miserable, but Vanderbilt Professor Ganesh Sitaraman has some ideas on how to fix it. He’s even written a book, “Why Flying Is Miserable,” and explains why public policy decisions are responsible for the industry’s problems and its solutions. Gary Vee - 2:21 Ganesh Sitaraman - 8:44 In this episode: Gary Vaynerchuk, @garyvee Joe Kernen...
Nov 23, 2023•14 min
After a whirlwind few days, OpenAI co-founder Sam Altman has been reinstated as CEO. Plus, Binance founder Changpeng Zhao has pleaded guilty to money laundering violations. CNBC’s Eamon Javers discusses crimes in the crypto world with Andrew Ross Sorkin, Joe Kernen, and Becky Quick, including the Department of Justice’s efforts to keep crypto in line with the law. And, ahead of Thanksgiving, the kitchen experts on the Butterball Turkey Talk-Line are ready with the tips all holiday hosts need to ...
Nov 22, 2023•35 min
OpenAI’s implosion might not be so bad for Microsoft, whose stock closed at an all-time high amid the AI drama. Semafor’s tech editor Reed Albergotti explains the good news for Satya Nadella , the fate and governance structure of OpenAI, and the many big tech offers to OpenAI’s talent . In its third quarter, Lowe’s has said its DIY customers are slowing down their projects, and it’s taking a toll on the company’s sales forecast. Plus, as more than 55 million Americans gear up for a week of holid...
Nov 21, 2023•25 min
OpenAI CEO Sam Altman was ousted from his role by his own board, and he was promptly hired by Microsoft in a tumultuous weekend for tech. Internally at OpenAI, employees have reportedly threatened to follow Altman , requesting resignations from the OpenAI board , and externally, investors and news outlets are following the drama at one of the highest profile companies pushing AI forward. Also in tech, Elon Musk is in hot water with his biggest advertisers, including Disney and Apple, over antise...
Nov 20, 2023•43 min
Ray Dalio, founder of Bridgewater Associates, says the U.S. and China have entered an environment of fierce competition . The billionaire investment mentor delves into U.S.-China relations, China's military agenda, social media influence, the economy, Treasury yields, A.I. impact, and more. Becky Quick sits down with Berkshire Hathaway Vice Chair Charlie Munger in response to a ProPublica report on Warren Buffett's stock trades. Plus, videos on TikTok regarding Osama Bin Laden's criticism of the...
Nov 17, 2023•40 min
House Minority Leader Rep. Hakeem Jeffries shares insights on the recently passed short-term funding bill , what's at stake in the next round of spending talks on Capitol Hill, and the potential for bipartisan collaboration in Congress. Plus, the Property Brothers, Drew and Jonathan Scott, delve into the challenge of rising housing costs , offer renovation tips, and explore strategies for creating a more sustainable and improved home. In other news, New York City takes legal action against Pepsi...
Nov 16, 2023•30 min
Nikki Haley, former U.S. ambassador to the UN, former governor of South Carolina and 2024 presidential candidate, discusses the state of the 2024 presidential race, why she believes she can be a viable alternative to former president Donald Trump, whether she would accept a hypothetical offer to be his VP pick, and more. Wholesale prices in October posted their biggest decline in 3½ years , providing another indication that the worst of the inflation surge may have passed. Wall Street also had i...
Nov 15, 2023•34 min
On today’s super-sized episode, October's inflation remained unchanged , hinting at a possible easing of high prices in the U.S. economy. House Speaker Rep. Mike Johnson discusses Capitol Hill negotiations to avert a government shutdown and the 2024 presidential election. Meanwhile, Cathie Wood, ARK Invest CEO, covers ARK Invest's new ETFs, SEC approval of bitcoin ETFs, and broader topics like autonomous driving and Tesla. Plus, Starbucks unionized workers are planning a walkout on “red cup day”...
Nov 14, 2023•46 min
After Moody’s revised its outlook for the United States government from stable to negative, investors are watching the Federal Reserve to see where it will take rates next. Former Kansas City Fed President Esther George share’s her thoughts on the Fed's decision to keep their options open on rate hikes and her observations on signs of economic cooling. Plus, Novo Nordisk’s weight loss drug Wegovy cut the risk of serious cardiovascular complications in people with obesity and heart disease. Dr. A...
Nov 13, 2023•23 min
CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s...
Nov 13, 2023•52 min
CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s...
Nov 13, 2023•44 min
At the 30th annual Baron Investment Conference, billionaire buy-and-hold investor Ron Baron explains why 10% of his portfolio is Tesla stock, and 4% is SpaceX. He’s Elon Musk’s biggest bull, and he shares his excitement about the “railroad to space” SpaceX is planning to build. A long-term investor and optimist, Baron explains why he has never owned a bond, and why he invests as much as he can, whenever he can. Plus, Senator Joe Manchin (D-WV) is not seeking reelection , which has sparked specul...
Nov 10, 2023•32 min
Senators Joe Manchin (D-West Virginia) and Mitt Romney (R-Utah) have proposed their Fiscal Stability Act, as the deadline to avert a government shutdown approaches. The bipartisan colleagues discuss the government debt crisis, as well as leadership in both parties in the 2024 election cycle. CNBC Julia Boorstin interviewed Disney CEO Bob Iger after the entertainment giant reported its Q4 results. She shares highlights from the conversation and the significance of SAG-AFTRA’s tentative agreement ...
Nov 09, 2023•34 min
After testifying before the Senate Judiciary Committee, former Facebook employee and former Instagram consultant Arturo Béjar joins Joe Kernen, Becky Quick, and Andrew Ross Sorkin to discuss his calls for teen safety tools on Meta’s platforms . Béjar shares data on the number of teens who’ve experienced unwanted sexual advances on Instagram, as well as Meta’s responses to his calls for action. Altimeter Capital founder and CEO Brad Gerstner is urging American policymakers to invest at home. The ...
Nov 08, 2023•37 min
Chicago Fed President Austan Goolsbee says the U.S. central bank is making progress in its fight against inflation, but investors still don’t know whether the Federal Reserve has finished hiking rates . Pollster Frank Luntz considers the political state of play on today’s Election Day, a year out from the 2024 Presidential Election . He unpacks the top priorities and top candidates for young voters, as well as the impact the Israel-Hamas War will have on American politics. Plus, WeWork has filed...
Nov 07, 2023•42 min
In three parts, Joe Kernen, Becky Quick, and Andrew Ross Sorkin unpack the intense conversations between college students, college administrators, donor alumni , and employers regarding the ‘right’ way to respond to the Israel-Hamas War and the uptick in anti-semitism and islamophobia that has appeared in its wake. Former SEC Chair and University of Pennsylvania Adjunct Professor of Law Jay Clayton offers his own perspective on the law firms that have addressed law school deans directly on this ...
Nov 06, 2023•37 min
Sam Bankman-Fried was found guilty on all 7 criminal charges he faced in the weeks-long trial that captivated Wall Street and Main Street. CNBC’s Kate Rooney reports on the prison-time the FTX founder is facing (a maximum of 115 years), and the evidence that got him there. The SEC’s former Internet Enforcement Chief John Stark explains what the verdict means for crypto regulation going forward. Transportation Secretary Pete Buttigieg discusses the UAW’s deals with American automakers after negot...
Nov 03, 2023•37 min
The Federal Reserve has left interest rates as they are, in its latest decision. Neuberger Berman’s Steve Eisman, the portfolio manager profiled in “The Big Short,” breaks down Fed Chair Jay Powell’s latest remarks, the state of the economy, and the handling of the Israel-Hamas War on campus at his alma mater, University of Pennsylvania. Palantir has reported a strong quarter , and CNBC’s Frank Holland explains CEO Alex Karp’s commentary on American competitiveness, the Palantir software, and st...
Nov 02, 2023•28 min
Legendary investor and hedge fund manager Stanley Druckenmiller explains his concerns about the U.S. debt and government aid for Ukraine and Israel. Druckenmiller, billionaire philanthropist and CEO of Duquesne Capital Management, weighs in on Janet Yellen’s leadership of the Treasury, American exceptionalism, and “drunken sailor” spending. Plus, a U.S. jury ruled that the National Association of Realtors and other brokerages conspired to artificially inflate commissions for agent sales, and Sam...
Nov 01, 2023•43 min
After more than six weeks, the United Auto Workers union strikes have finally come to an end, though the tentative agreements must still be ratified by union members. Abroad, the World Bank is warning that oil prices could soar if the Israel-Hamas War expands. Stateside, PIMCO’s Head of US Policy Libby Cantrill is telling her clients that the Presidential nominees are likely already set, and they’re familiar faces for American voters. Plus, an update on the two biggest courtroom dramas this week...
Oct 31, 2023•31 min
The United Auto Workers union has reached a tentative deal with Stallantis. CNBC’s Phil LeBeau reports the details of the deal and the outlook for GM, which is still at the negotiating table. Two courtroom dramas are underway: Alphabet CEO Sundar Pichai is testifying in the DoJ’s antitrust case against Google , and disgraced FTX founder Sam Bankman-Fried is testifying in his own fraud trial. In DC, former White House Chief Technology Officer Aneesh Chopra considers the price of Google search and...
Oct 30, 2023•35 min
Disgraced FTX founder Sam Bankman-Fried testified in his own trial–without jurors. CNBC’s Kate Rooney was in the courtroom, and she shares details of what he said and how the judge responded. Former SEC Commissioner and attorney Jay Clayton joins to discuss the strategy of SBF’s defense team. Check out Andrew Ross Sorkin’s interview with Sam Bankman-Fried at the beginning of the saga–when he was still in the Bahamas! Plus, in a conversation you’ll only hear on this podcast, Andrew Ross Sorkin sp...
Oct 27, 2023•35 min
It’s a deal! The United Auto Workers union and Ford have reached a tentative deal to end a nearly six-week strike. CNBC’s Phil LeBeau explains the terms of the agreement, and what’s next for the remaining UAW strikes. After more than 3 weeks without a leader, the House Republicans have backed Rep. Mike Johnson (R-La.) as their new Speaker. Plus, as the death toll in the Israel-Hamas War rises and anti-Jewish, anti-Muslim, and anti-Arab incidents rise, Anti-Defamation League CEO Jonathan Greenbla...
Oct 26, 2023•39 min
House Republicans have settled (for now) on another nominee for Speaker: Rep. Mike Johnson (R-La.) . A bipartisan group of 42 attorneys general is suing Meta , alleging that its apps are addictive and aimed at their youngest users. Wharton Professor, author, organizational psychologist, and “Re: Thinking” podcaster Adam Grant discusses his new book, “Hidden Potential.” He shares his advice for unlocking talent in ourselves and others, and offers a different metric for measuring success. WeWork’s...
Oct 25, 2023•37 min
Apple supplier Foxconn is reportedly facing a tax investigation in China. Apple’s other issue these days: Chinese e-commerce retailers are offering iPhone 15s at a steep discount, raising questions about demand for Apple products. Professor, former CEO, and biographer of both Steve Jobs and Elon Musk Walter Isaacson discusses the tricky terrain for a corporation like Apple, navigating Chinese and American geopolitics. Plus, a pivot to the Middle East. One of many, a tech entrepreneur lost his da...
Oct 24, 2023•26 min
It’s a merger Monday! Chevron is buying Hess for $53B in the second huge oil transaction in weeks. Becky Quick shares details on the deal from her conversation with Chevron CEO Michael Wirth, and Joe Kernen and Andrew Ross Sorkin consider the implications of the deal for the American energy ecosystem. Nine new Republicans have joined the race for Speaker , but no clear resolution to the legislative chaos has emerged. CNBC’s Emily Wilkins explains the situation in DC, and former Republican Ways a...
Oct 23, 2023•29 min
Federal Reserve Chair Jerome Powell spoke at the Economic Club of New York , telling Wall Street and Main Street that inflation is too high, but interest rates are not. Atlanta Fed President Raphael Bostic discusses the road ahead for the central bank’s resolute commitment to bringing inflation down to 2%, and suggests that more hikes could come in 2024. In DC, the House is set to vote again for Speaker , and CNBC’s Eamon Javers explains the many complications for the GOP. Fresh off his trip to ...
Oct 20, 2023•42 min
