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
Co-founder of Silver Lake, co-chair of Brookings, and chairman of North Island Glenn Hutchins discusses the geopolitics at play in the Israel-Hamas War , including what’s at stake for global actors at the Saudi Arabia Investors Conference next week. He also shares his reasoning on why so far, the conflict has had little impact on the markets. The House Select Committee on the Chinese Communist Party has sent letters to American venture capital firms including Sequoia , asking them to list invest...
Oct 19, 2023•29 min
Corporate and university leaders are wavering on public statements about the Israel-Hamas War. Yeshiva University President Rabbi Ari Berman has created a coalition and a statement of “truths” to help those leaders navigate and educate the campus movements making headlines. He underscores the importance of differentiating between Hamas and Palestinians. United Airlines reported better than expected third quarter results, but CEO Scott Kirby offered disappointing guidance for the fourth quarter. ...
Oct 18, 2023•30 min
President Biden is headed to the Middle East . Former Supreme Allied Commander of Nato Admiral James Stavridis discusses the explicit and implicit politics at play in the Presidential trip to Israel and Jordan. Guggenheim Partners Executive Chair Alan Schwartz discusses his outlook for recession and the greatest risks to the American economy. The last CEO of Bear Stearns also explains his concern for the federal budget. Plus, Choice Hotels has offered a nearly $8B deal to take over Wyndham Hotel...
Oct 17, 2023•27 min
As the Israel-Hamas War begins its second week, historian and economist Daniel Yergin considers the impact of a regional conflict on global energy markets . Harvard professor, author, and happiness expert Arthur Brooks weighs the pressures on America’s corporate and educational leaders to speak out on current events like the war, in light of recent calls to action from Apollo CEO Marc Rowan and Anti Defamation League CEO Jonathan Greenblatt . Brooks argues for a more conservative approach to pub...
Oct 16, 2023•28 min
After 22 months, Microsoft has closed its $69.5B acquisition of Activision Blizzard . So what now? Activision Blizzard CEO Bobby Kotick reflects on the long road to regulatory approval, and what’s next for gaming and for Activision-turned-Microsoft employees. After building Activision into the gaming giant it is today, Kotick considers his own next chapter and his legacy as CEO. And the White House is taking on junk fees . Consumer Financial Protection Bureau Director Rohit Chopra is co-leading ...
Oct 13, 2023•34 min
How is Hamas funded? TRM Labs Head of Global Policy and former federal prosecutor Ari Redbord discusses how his company tracks Hamas fundraising on the blockchain, and how Israeli and US law enforcement are tracing terror financing on crypto networks. Plus, Apollo Global Management CEO Marc Rowan, a University of Pennsylvania alumni and Chairman of its Wharton School board, is urging fellow alumni to halt donations to the university. Rowan calls the university’s response to the Israel-Hamas War ...
Oct 12, 2023•41 min
Exxon Mobil has struck a $59.5 billion deal to acquire Pioneer Natural Resources in an all-stock merger. Pioneer Natural Resources CEO Scott Sheffield and Exxon Mobil CEO Darren Woods discuss how the deal came about, potential regulatory hurdles, and what role fossil fuels will play in our future. Incidents of religious-based hate and discrimination are on the rise as the fifth day of fighting in the Israel-Hamas War is underway. Anti-Defamation League CEO Jonathan Greenblatt explains why Fortun...
Oct 11, 2023•38 min
Founder of both the Tudor Investment and the Robin Hood Foundation Paul Tudor Jones shares his perspective on the economy and the markets, from interest rates and bond yields to equities prices and crypto. The billionaire hedge funder weighs in on America’s greatest geopolitical and economic challenges. Jones also explains Robin Hood’s work to support asylum seekers in NYC and highlights the nonprofit’s Investors Conference coming up on October 24-25th. Plus, we’re on the ground in Jerusalem wit...
Oct 10, 2023•41 min
Thousands have been killed and injured in the wake of Hamas’s surprise attack on Israel over the weekend. New York Times columnist Thomas Friedman considers reports that Iran played a role in the assault and weighs concerns of an expanded conflict involving Lebanon and Hezbollah. Friedman highlights how this conflict could impact Russia’s strategic objectives and the pipeline of U.S. military aid to Ukraine. Coauthor of “Startup Nation” and former political advisor Dan Senor offers the Wall Stre...
Oct 09, 2023•39 min
Dell Technologies has announced a boost to its buyback plan and to its profit-growth outlook, in a meeting this week with analysts. CEO and founder of the computing giant Michael Dell discusses how AI innovation is slowly building his business’s financial returns, and how he’s planning to diversify his supply chain away from China. Florida Governor Ron DeSantis explains his stance on aiding Ukraine and working with America’s giant corporations like Disney . The Presidential hopeful shares why he...
Oct 06, 2023•40 min
X, the platform formerly known as Twitter, has made cuts to its elections and disinformation team, eliminating almost all of the controls that were built after the 2016 election to prevent wide-scale manipulation. Former Facebook chief security officer, Alex Stamos describes the potential dangers ahead for the 2024 U.S. Presidential election. Singaporean authorities have seized more than 150 properties, luxury cars and thousands of gold bars in a family office money laundering scandal that has q...
Oct 05, 2023•26 min
For the first time in U.S. history, the House of Representatives has voted its Speaker Kevn McCarthy (R-CA) out of his leadership seat. 2024 Presidential hopeful Chris Christie, former New Jersey Governor, explains who might be up for the Speaker job and weighs in on the Republican party’s fate, as the Presidential election nears. Plus, the Federal Trade Commission has launched an antitrust case against Amazon , and the Department of Justice has Google parent Alphabet in its sights. Antitrust ex...
Oct 04, 2023•41 min
Days after avoiding a government shutdown, House Speaker Kevin McCarthy faces potential ouster from leadership by his own party. He shares directly with Squawk Box listeners why he is optimistic he’ll prevail . Jury selection kicks off today in the criminal trial of one-time crypto king Sam Bankman-Fried and Microsoft is launching an AI assistant that could transform your work calendar. Steve Kovach reports on the good (?) news that busy office workers can be in two meetings at once. Rep. Kevin ...
Oct 03, 2023•33 min
Crisis averted! For 45 days? Congress narrowly avoids a government shutdown, coming up with a weekend deal to fund the government at its current level until November 17th. But the drama doesn’t end with the deal, as Republican members of the House want to oust Speaker Kevin McCarthy over working with Democrats. Bill Ackman, Pershing Square Capital Management founder and CEO, discusses his new SPARC, a unique kind of SPAC that allows investors to know which company the vehicle is acquiring before...
Oct 02, 2023•41 min
Barry Sternlicht, the hospitality and real estate investor, discusses the risks to the economy from union strikes and the Federal Reserve’s interest rate policy. Washington inches closer to a shutdown as House members have failed to come up with a consensus government funding deal – setting up a busy weekend in the Capitol. GameStop activist Ryan Cohen is becoming the retailer’s CEO , nearly three years after the “Meme Stock Mania” showcased individual investors betting on the mall retailer agai...
Sep 29, 2023•37 min
With just days to go before a government funding deadline, House Speaker Kevin McCarthy criticizes a short-term Senate government funding bill — stoking more fears that a shutdown could take place — saying the measure would not bolster border security. Crypto trading platform Coinbase is leading a lobbying effort in Washington to find lawmakers supportive of developing new laws for the crypto industry. CEO Brian Armstrong discusses his goals for “Stand with Crypto Day.” Plus, the highlights of t...
Sep 28, 2023•38 min
Lina Khan, FTC Chair, is frequently seen as the face and the voice of the Biden administration’s antagonism against the “bigness” of big tech. The Federal Trade Commision and 17 states have filed a landmark lawsuit against Amazon for monopolistic practices; the chair of the commission defends the agency’s decision to pursue the company. President Biden became the first sitting President to walk a picket line, when he traveled to Michigan to throw his support behind striking autoworkers . Detroit...
Sep 27, 2023•34 min
“AI, Schmay-aye” says Barry Diller, on the technology the markets and the content industry can’t stop talking about. The media mogul joins the Squawk Box gang for a deep dive into the causes – and the impact – of the historic twin strikes that have crippled Hollywood. The IAC Chairman and one-time studio head says a marked, existential shift is coming to film and TV, and not a moment too soon. Plus, JPMorgan Chase CEO Jamie Dimon, in Indian, warns that interest rates could rise sharply from here...
Sep 26, 2023•36 min
The government funding deadline – midnight on October 1st – is looming and the likelihood of a federal shutdown is high. Pimco’s head of public policy, Libby Cantrill, describes the gamesmanship in Washington and weighs in on its potential impact to investors and consumers . Inflation persists in spite of the Federal Reserve’s rate hike strategy. Chicago Fed President Austan Goolsbee defends the central bank’s goals, arguing that avoiding a recession is still possible – but inflation remains a r...
Sep 25, 2023•34 min
