Paramount Global is replacing CEO Bob Bakish with three executives in the Office of the CEO. Puck founding partner Matthew Belloni explains the uncertain future for the media company, as well as the possible outcomes for shareholders. Actor Edward Norton has spent enough time in board meetings to know that it’s time to bring corporate governance decisions into 2024. He says his new tech company Zeck is his hope for streamlined board meetings. CNBC’s Steve Liesman says the latest Fed survey respo...
Apr 30, 2024•28 min
Elon Musk took a brief surprise meeting with Chinese Premier Li Qiang, securing tentative approval for self-driving Teslas in China . America’s college campuses are divided over the Israel-Hamas war and the U.S. involvement in it; former SEC Chairman and Ivy League educator Jay Clayton discusses the sentiment among activists and young people across the country. Retired real estate developer Bruce Ratner issues a warning for his industry. The man behind the redeveloped Times Square and Downtown B...
Apr 29, 2024•31 min
Former President Donald Trump's political allies are crafting a plan to increase his influence over the Federal Reserve , potentially even making him an "acting" member of the central bank’s board, according to The Wall Street Journal. Nick Timiraos, the Journal's Chief Economics Correspondent, discusses the implications if Trump wins in November. Former FDA Commissioner Dr. Scott Gottlieb weighs in on Moderna's partnership with OpenAI , the AI drug revolution, his own AI venture, and updates on...
Apr 26, 2024•30 min
The Federal Trade Commission voted for a nationwide ban against noncompete agreements , which companies use to prevent employees from taking jobs with competitors in the same industry. FTC Chair Lina Khan addresses the agency's decision for the ban, as well as the potential impacts on businesses and workers. Meanwhile, House Speaker Mike Johnson and his Republican colleagues faced opposition when they appeared at Columbia University amid ongoing protests against Israel's conflict with Hamas. Rob...
Apr 25, 2024•38 min
Google has fired 50 employees over sit-in protests at the office. Yale Lecturer Joanne Lipman and The Verge’s Alex Heath discuss activism in the office, and tech’s inflection point with its employees. Jason Furman, a Democrat economist, is making his case against President Biden’s student debt relief plan , arguing that it will make inflation worse. CNBC’s Steve Liesman is breaking down U.S. productivity data and what it means for the Federal Reserve. Plus, the Federal Trade Commission has voted...
Apr 24, 2024•41 min
Elite university campuses are fraught with tension as students clash with each other and college administrations over the Israel-Hamas War . Over 100 students have been arrested from pro-Palestinian demonstrations on Yale, NYU, and Columbia campuses, videos of brazen antisemitism have gone viral, and one Rabbi in Columbia’s community encouraged Jewish students to go home for their own safety. NYC Rabbi David Ingber explains the escalations and safety concerns, while donor and Columbia Business S...
Apr 23, 2024•34 min
At Columbia in New York, protests and antisemitism on campus have prompted a day of remote learning for student safety, as well as commentary from Mayor Eric Adams. In DC, the House has passed a series of bills securing aid funding for Israel, Ukraine, and Taiwan, as well as the divest-or-ban TikTok bill. CNBC’s Emily Wilkins reports on the legislation and its impact on Speaker Mike Johnson’s career. In the thick of Wall Street’s earnings season, Verizon CEO Hans Vestberg discusses his company’s...
Apr 22, 2024•26 min
After Israel’s retaliatory strike at Iran , NBC’s Raf Sanchez is on the ground in Tel Aviv, reporting that both countries are downplaying an escalation. Stateside, CNBC’s Emily Wilkins discusses the TikTok divest-or-ban bill ’s road through Congress, including its vote this weekend. Former White House Chief Technology Officer Aneesh Chopra explains the national security threats and TikTok’s road ahead. Plus, Meta has launched its newest AI tool , former President Trump’s criminal trial jury has ...
Apr 19, 2024•30 min
Caitlin Clark will make under $77,000 a year as the WNBA’s top pick, while her counterpart in the NBA will make $10.5m. CNBC’s Jon Fortt explains the gender gap in sports salaries and in revenues. Microsoft has found that Russia’s election interference is already underway ; the company’s former cyber policy head and current chief public policy officer at SentinelOne Chris Krebs says it’s a group effort, to keep global votes safe from bad actors. Plus, Google employees were laid off after protest...
Apr 18, 2024•27 min
Months after a Delaware judge voided Elon Musk’s pay package from Tesla, Tesla is asking shareholders to vote again on Musk’s $56B compensation deal . In a proxy statement, the company is also asking shareholders to approve moving Tesla’s incorporation from Delaware to Texas. Tulane Law professor Ann Lipton parses the proxy and the legal precedent for this shareholder vote. President Biden is hoping to triple the China tariff rate on steel and aluminum imports, and Federal Reserve Chair Jay Powe...
Apr 17, 2024•30 min
Days after bitcoin’s weekend plunge and days before the bitcoin halving , Galaxy Digital CEO Michael Novogratz discusses the trajectory of crypto assets amid geopolitical and monetary policy uncertainty. Shares of Trump Media are down 60% from the company’s high in March, after its debut. Semafor business and finance editor Liz Hoffman discusses Truth Social, the platform Trump Media owns, and she considers who owns the volatile stock–and why. House Speaker Mike Johnson plans to split an aid pac...
Apr 16, 2024•29 min
In a first-ever direct attack, Iran launched 300 drones and missiles at military targets inside Israel. The New York Times National Security Correspondent David Sanger explains the geopolitics at play in the Middle East and beyond, including the roles of China and Russia in a conflict between Iran and Israel. CNBC’s Eamon Javers discusses the US response in Washington , and CNBC’s Steve Liesman explains the impact of escalating tensions on the markets and on Fed policy. Plus, it’s tax day! IRS C...
Apr 15, 2024•36 min
The Anti-Defamation League has released its Antisemitism Report Cards, grading U.S. universities on rates of antisemitism and administration responses to discrimination against Jewish students. ADL CEO Jonathan Greenblatt explains why institutions like MIT, Harvard, and Princeton got failing grades, and what it means for prospective students. As food inflation rises, Agriculture Secretary Tom Vilsack discusses rising costs, dwindling farmland, and encouraging entrepreneurship among American farm...
Apr 12, 2024•29 min
Amazon CEO Andy Jassy sits down with Andrew Ross Sorkin at Amazon headquarters in Seattle, the morning Jassy published his annual letter to shareholders. In an extended, wide-ranging conversation with Andrew, Andy Jassy discusses AI-enabled transformations (like delivery drones!), building out technology for every part of the tech stack, and streaming sports on Amazon Prime. Plus, Jassy weighs in on regulator scrutiny on the tech industry, as well as in-office work. Plus, Squawk Pod is up for a ...
Apr 11, 2024•36 min
The Consumer Price Index came in hotter than expected, rising 3.5% from a year ago and 0.4% on the month. CNBC’s Rick Santelli and Steve Liesman break down the report and its implications for the Federal Reserve’s monetary policy with former Labor Department Chief Economist Betsey Stevenson. A Boeing engineer has turned whistleblower , alleging issues on the Boeing aircraft assembly line. Former FAA Administrator Randy Babbitt discusses the workplace culture across the airline industry, taking s...
Apr 10, 2024•27 min
President Biden will host Japanese Prime Minister Fumio Kishida in the first White House visit from Japan’s PM since 2015. U.S. Ambassador to Japan Rahm Emanuel discusses geopolitics in Asia and managing a “frenemy” relationship with China. YouTuber group Dude Perfect has secured over $100m from investor Jason Illian, the general partner at Highmount Capital. They discuss the group's expansion beyond YouTube and the many trickshots in their 15 years of content creation. Plus, the UConn Huskies t...
Apr 09, 2024•31 min
Former NASA astronaut Mike Massimino is watching the eclipse from Arkansas, square in the path of totality. He explains how to safely view the event, either with special glasses or with a pinhole camera. South Carolina women’s basketball defeated Caitlin Clark’s Iowa team in the NCAA championship. WNBA Commissioner Cathy Engelbert, former Deloitte CEO, discusses the victory’s momentum for women’s sports and record breaking viewership . U.S. Treasury Secretary Janet Yellen is in China , and CNBC’...
Apr 08, 2024•27 min
After the Francis Scott Key Bridge collapse , Baltimore is hoping to clear debris in the port and rebuild. Ahead of President Biden’s visit to the city, Maryland Governor discusses Baltimore’s importance to the entire U.S. economy , and delivers a message to lawmakers in Washington reluctant to approve federal funds for the rebuild . Venture capitalist Alan Patricof has seen many tech revolutions, and he’s optimistic about AI’s. At 89, he’s not slowing down; he discusses his investments in the A...
Apr 05, 2024•33 min
Disney’s Bob Iger has won his boardroom proxy battle against Nelson Peltz. Media mogul and IAC Chairman Barry Diller weighs in on the evolution of entertainment, including the path forward for Disney, for Paramount Global , and for streamers competing with Netflix. As founder of Fox Broadcasting and former CEO of Paramount, Diller shares his perspective on TikTok, AI, and a four-day workweek. Plus, Snapchat is testing a new feature for subscribed users: rankings in friend orbits. The Wall Street...
Apr 04, 2024•40 min
Billionaire hedge funder and Point72 CEO and Chairman Steve Cohen discusses his $2.4B purchase of the New York Mets, his investment in golf via the PGA and Tomorrow Golf League, and his bet on sports business. Cohen shares his view on AI equities and on the Federal Reserve’s goal of a 2% inflation rate. Plus, an update on the boardroom drama at Disney. Steven Cohen - 10:52 In this episode: Steven Cohen, @StevenACohen2 Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrso...
Apr 03, 2024•30 min
Neuberger Berman senior portfolio manager Steve Eisman weighs in on the Federal Reserve’s interest rate debate; Eisman says, the economy is fine, and the Fed has no reason to cut rates this year. Former Flywheel CEO Sarah Robb O’Hagan explains her experiment with a four-day-workweek at her new company, Exos. Plus, Disney’s future hangs in the balance of a board vote this week, shares of Trump Media stock DJT jumped and then stumbled over 20%, and Google is destroying billions of “private” and “i...
Apr 02, 2024•33 min
Half a million California fast food workers are getting a pay bump, starting today. A $20 minimum wage might be good for workers, but McDonald’s franchisee Scott Rodrick warns, it might mean higher costs for business owners and for consumers. In DC, Mayor Muriel Bowser struck a deal to keep the Washington Capitals and Wizards playing in their home city. Mayor Bowser explains the sports deal and addresses concerns about crime in her city. Plus, CNBC’s Robert Frank reports that stocks have fueled ...
Apr 01, 2024•32 min
Home Depot has made an $18B deal for SRS Distribution, attempting to expand its reach among home improvement professionals, and Federal Reserve Governor Chris Waller says he’s in no rush to cut interest rates. Ahead of FTX founder Sam Bankman-Fried’s sentencing , Puck founding partner Teddy Schleifer considers the implications of the court proceeding, both for SBF and for America’s criminal justice system. Plus, TikTok has launched a $2.1 million advertising campaign aimed at Senators. CNBC’s St...
Mar 28, 2024•37 min
Robinhood has unveiled its first credit card, and it’s made of gold. CEO Vlad Tenev shares details of his company’s foray into credit, and he weighs in on Elon Musk’s hopes for payment processing on X, as well as meme stock mania. The FDA has approved Merck’s treatment for a rare lung and cardiovascular condition, but the drug’s launch price is steep. Former FDA Commissioner and board member at Pfizer and Illumina Dr. Scott Gottlieb discusses the pressures and mandatory discounts that factor int...
Mar 27, 2024•35 min
Baltimore’s Francis Scott Key bridge partially collapsed after being hit by a cargo ship; NBC’s Tom Costello is on the ground in Baltimore with details. In Florida, the state has banned social media for children under 14, regardless of guardian consent. BlackRock CEO Larry Fink is warning America: a retirement crisis is coming. The Wall Street Journal’s Chief Economics Commentator Greg Ip discusses the slow creep of politics into American boardrooms, as well as the similarities between the U.S. ...
Mar 26, 2024•28 min
Boeing CEO Dave Calhoun will step down at the end of 2024. After a tumultuous year for the company, Boeing is shifting leadership: board chair Larry Kellner will resign, as well as president and CEO of Boeing Commercial Airplanes, Stan Deal. Calhoun sits down with CNBC’s Phil LeBeau, in his first interview after the announcement. In a wide ranging conversation, the outgoing Boeing CEO explains the company culture and the tug between quality and quantity on the Boeing manufacturing line. The EU h...
Mar 25, 2024•40 min
Reddit, after 19 years, is a public company . After listing on the NYSE, shares of the social media platform popped, pushing the market cap to $9.5B. The company offered some of its users and moderators an opportunity to buy into the IPO , but CNBC.com reporter Jonathan Vanian explains that many chose not to do so. In a conversation exclusive to Squawk Pod, Vanian recounts the long, complicated road to a Reddit debut, and he looks ahead to the risks that remain in the tenuous dynamic between Red...
Mar 22, 2024•36 min
The Federal Reserve held interest rates steady this week, signaling a plan to cut rates multiple times this year. Economist and Allianz and Gramercy advisor Mohamed El-Erian explains the Fed’s dovish stance and its implications for the markets. As the government shutdown deadline looms , lawmakers have released a $1.2T spending bill. Speaker Mike Johnson (R-Louisiana) discusses the bill, funding for Israel , the US deficit, and the difficulties of a divided Congress. The Department of Justice ha...
Mar 21, 2024•36 min
Election season brings concerns of disinformation, interference, and deep fakes. Former Chief Security Officer of Facebook and current SentinelOne Chief Trust Officer Alex Stamos shares his biggest concerns for voters and democracy this year. A government shutdown looms once again, over lawmakers; CNBC’s Emily Wilkins discusses the spending bills that Congress still needs to pass before the deadline. Also in DC, the Biden administration will give Intel up to $8.5B in direct funding for computer ...
Mar 20, 2024•36 min
Nvidia has unveiled its newest generation AI chip: the Blackwell GB200. At the company’s developers conference in San Jose, CEO Jensen Huang explains Nvidia’s newest (and biggest) GPUs, as well as its latest software product. Harvest Portfolio Management’s Paul Meeks discusses the new chip and Nvidia’s forward-looking strategy. The real estate industry is undergoing its biggest change in decades: the National Association of Realtors’ $418m settlement has changed the standard structure for commis...
Mar 19, 2024•27 min
