Squawk Pod

Latest Episodes:

The “R” Word & Summer Invites: Billionaire or Bust 7/25/22 Jul 25, 2022

Show notes

The U.S. economy may see two consecutive quarters of GDP contraction, but the White House isn’t ready to call it a recession. Whatever we call it though, today’s economic and political environment has pushed Americans to an unhappy place; host of ‘The Art of Happiness’ podcast Arthur Brooks says, both sides of the aisle are to blame. Brooks, also a Harvard professor and contributor for The Atlantic, discusses the loss of faith in capitalism and in America herself, and whether we’ll ever get back to national satisfaction. Plus, we’re tracking billionaire social circles and scandals and an appeal to grown-ups from Disney+.

In this episode:

Arthur Brooks, @arthurbrooks

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Klaire Odumody, @klairemarie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Polio’s Back? and Our Viral News Flash 7/22/22 Jul 22, 2022

Show notes

President Biden has tested positive for covid-19, and the White House has shared his prognosis and treatment. Former FDA Commissioner Dr. Scott Gottlieb discusses the President’s health status, Paxlovid, and how pockets of unvaccinated communities could have prompted America’s first case of polio in ten years. FedEx is delivering a big change for customers, and American Express has scored points for shareholders with its impressive Q2 report. Plus, the Squawk Box segment that went viral! Aureus Asset Management’s Karen Firestone laughs about the meme-worthy moment in her (and her husband’s, and her dog’s!) markets hit this week.

In this episode:

Dr. Scott Gottlieb, @ScottGottliebMD

Karen Firestone, @Karen_Firestone

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

AT&T CEO John Stankey & Tesla’s Crypto Dump 7/21/22 Jul 21, 2022

Show notes

Consumers are taking longer to pay their bills, says AT&T CEO John Stankey. In an extended interview, Stankey discusses the pulse of the American consumer, as well as his company’s renewed focus on 5G and smart devices after the company spun-off its content business, WarnerMedia. In a surprise decision, the European Central Bank has raised interest rates for the first time in over a decade; CNBC’s Steve Liesman, Joe Kernen, Becky Quick, and Andrew Ross Sorkin explain the significance of the move, particularly in light of the bloc’s energy turmoil. Tesla, once a crypto-believing company, has swapped 75% of its bitcoin holdings for fiat currency. Plus, the latest in Joe Kernen’s up-and-down viewing relationship with “The Old Man.”

In this episode:

John Stankey, @ATT

Steve Liesman, @SteveLiesman

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

EU’s Energy Turmoil; Netflix Earnings & Chill 7/20/22 Jul 20, 2022

Show notes

The Nord Stream 1 pipeline, the main route for Russian energy passage to the rest of Europe, is set to start functioning again on Thursday, but EU leaders are concerned that the Kremlin won’t restart flows, especially after the majority state-owned energy giant Gazprom originally cut flows to 40% and is now suggesting that it cannot fulfill its energy contracts with the EU, even if the pipeline reopens as planned. Europe’s energy turmoil could spell bigger supply and cost problems in the U.S.; Transportation Secretary Pete Buttigieg discusses what’s next in energy geopolitics, at home and abroad. After an alarming first quarter, Netflix is quelling investor concerns with its Q2 report. Variety’s Cynthia Littleton and Engine Media’s Tom Rogers discuss what these financial results mean for the rest of the streaming landscape. Plus, the Elon Musk-Twitter saga could finally be reaching an end…maybe.

In this episode:

Pete Buttigieg, @SecretaryPete

Cynthia Littleton, @Variety_Cynthia

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

JNJ’s Business Health & Remote Office Politics 7/19/22 Jul 19, 2022

Show notes

Johnson & Johnson beat analysts’ estimates on the strength of its pharmaceuticals unit despite the company cutting its profit forecast due to a stronger dollar. CFO Joseph Wolk blamed the forecast cut on currency fluctuations, pointing to the parity between the euro and the dollar. As the job market starts to cool down and companies begin to look for ways to save with a possible recession on the horizon, there is a renewed return-to-office debate. CNBC’s Hugh Son reports on slowed hiring at Goldman Sachs, and Harvard Business School professor Tsedal Neeley whether business leaders need to keep hybrid work to retain top talent, and if remote workers are at higher risk of being cut.

In this episode:

Hugh Son @Hugh_Son

Tsedal Neely @tsedal

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Saudi Kingdom, The Magic Kingdom, & China on Lockdown Jul 18, 2022

Show notes

In this episode:

Amos Hochstein, @amoshochstein

Claire Atkinson, @claireatki

Matt Belloni, @MattBelloni

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chips, Reese’s Pieces, & Keeping the U.S. Competitive with Intel CEO 7/15/22 Jul 15, 2022

Show notes

The U.S. Congress is set to go on August recess, but Intel CEO Pat Gelsinger has a tough message for them before they go: pass the CHIPS Act, ASAP. America’s manufacturing industry has been waiting on government funding to produce tech’s all-important semiconductors for over a year, and Gelsinger says, it’s a matter of national security. We track the holdup in DC, the impact it’s having on job creation in America’s heartland, and the global chips supply chain. Plus, the USD is nearly at parity with the Euro, and President Biden is halfway through his Middle East travels.

In this episode:

Pat Gelsinger, @PGelsinger

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Netflix Ads & The Big Bank Barometer: Hotter Economy Ahead? 7/14/22 Jul 14, 2022

Show notes

In this episode:

Sara Fischer, @sarafischer

Frank Luntz, @FrankLuntz

Dom Chu, @TheDomino
Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Inflation Heat, A Crypto Chill, & Twitter’s $44B Lawsuit 7/13/22 Jul 13, 2022

Show notes

Inflation jumped 9.1% to a new 40-year high in June. CNBC’s Steve Liesman, Rick Santelli, and Mike Santoli unpack what today’s Consumer Price Index data means for the Federal Reserve and for consumer wallets. As a crypto winter puts serious pressure on the industry, some crypto lenders are collapsing. BlockFi found a lifeboat in crypto exchange FTX; in a CNBC-exclusive interview, BlockFi CEO Zac Prince explains why he discounted his company 95% to strike a credit and possible acquisition deal with FTX. Plus, Twitter is suing Elon Musk in hopes that he’ll keep his $44 billion word to buy the company, and Tulane law professor Ann Lipton lays out the possible legal moves from here–as well as any tricks Musk might have up his sleeve.

In this episode:

Zac Prince, @BlockFiZac

Ann Lipton, @AnnMLipton

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

YOLO Summer: Travels, Trip-Ups, & Retail Spending 7/12/22 Jul 12, 2022

Show notes

It’s YOLO summer! Travelers are on the move, but airline and airport shortages are causing speedbumps. London’s Heathrow Airport is managing a staffing shortage by capping the number of passengers traveling per day and requesting that airlines stop selling tickets. Still, with so many people on the move, retail watcher Jan Kniffen wonders how many consumers will be around to take advantage of retailer sales like Amazon Prime Day. CNBC’s Courtney Reagan shares retail’s biggest sales and hurdles for the second half of the year, and Cleo Capital’s Sarah Kunst discusses the stickiest purchases for Amazon. In other retailer news, Gap CEO Sonia Syngal is stepping down. Plus, the Saudi Arabia-funded LIV Golf series has upended the sport; multi-million dollar payday offers for athletes have prompted backlash for pro-golfers and an investigation from the Department of Justice. On the Elon Musk front, his Twitter drama continues, and his latest SpaceX launch was “actually not good.”

In this episode:

Jan Kniffen, @JRogersK

Sarah Kunst, @sarahkunst

Courtney Reagan, @CourtReagan

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.