Musk’s Stock Sales; Pfizer’s Covid Pill; Slack and the Newest Normal

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, while Target CEO claims customers are saying ‘a big thank you’ for locking up merchandise. Hakeem Jeffries - 14:43Drew and Jonathan Scott - 23:41 Drew Scott, @MrDrewScottJonathan Scott, @jonathanscottRep. Hakeem Jeffries, @RepJeffriesAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Nov 202330min

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 its eyes on Washington as the House of Representatives passed a bill to avert a government shutdown. Plus, CNBC’s Robert Frank reports on Wall Street bonuses.In this episode:Nikki Haley, @NikkiHaleyRobert Frank, @robtfrankAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkMelissa Lee, @MelissaLeeCNBCZach Vallese, @zachvallese Nikki Haley - 10:48Robert Frank - 32:42 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Nov 202334min

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”, and XRP drops after news of a fake BlackRock-managed XRP ETF.In this episode:Cathie Wood, @CathieDWoodMike Johnson, @SpeakerJohnsonAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkMelissa Lee, @MelissaLeeCNBCZach Vallese, @zachvallese Cathie Wood 10:10Mike Johnson 29:10 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

14 Nov 202345min

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. Angela Fitch, Chief Medical Officer of Knownwell and President of the Obesity Medicine Association, joins to delve into the latest study on Wegovy, exploring its implications for the obesity epidemic in the U.S., and more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Nov 202323min

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 CEO once again. Stick around for a special interview with CNBC’s DJ Sixsmith on Sherman’s in-depth story about Disney’s succession drama. To read the full article go to https://cnb.cx/3Pr3kEd Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Nov 202351min

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 CEO once again. To read the full article go to https://cnb.cx/3Pr3kEd Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Nov 202343min

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 speculation that he may be readying himself for a Presidential bid.  Ron Baron - 10:35, 26:46 In this episode:Andrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkMelissa Lee, @MelissaLeeCNBCKatie 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.

10 Nov 202331min

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 with Hollywood, ending the industry’s strike. Plus, Eli Lilly’s weight loss drug has been approved by the FDA, and America is digesting the third Republican Presidential debate.  Julia Boorstin - 8:52Senators Joe Manchin & Mitt Romney - 16:47 In this episode:Joe Manchin, @Sen_JoeManchinMitt Romey, @MittRomneyJulia Boorstin, @JBoorstinAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

9 Nov 202333min