$80B for the IRS, $7B for Elon, & Cuts for Wall Street Bankers A 8/10/22
Squawk Pod10 Aug 2022

$80B for the IRS, $7B for Elon, & Cuts for Wall Street Bankers A 8/10/22

Elon Musk sold nearly $7 billion worth of Tesla shares, just in case the courts mandate he follow through with his deal to buy Twitter. As a part of the Inflation Reduction Act the IRS will receive an $80 billion investment, but Sen. Tim Scott (R- SC) says it won’t help inflation, and it will unfairly impact the average American. The author of “America: A Redemption Story” shares his personal American story and details why he voted against the bill in the Senate. And layoffs could be coming to a Wall Street bloated with pandemic hires. Lydia Moynihan from the New York Post and CNBC’s Hugh Son break down the job (and bonus) cuts ahead for bankers as firms look to reduce costs. Plus, a loss for well-paid golfers, and Sweetgreen’s future is looking a little less sweet, and a little less green.

In this episode:

Andrew Ross Sorkin: @andrewrsorkin

Melissa Lee: @MelissaLeeCNBC

Katie Kramer: @Kramer_Katie

Sen. Tim Scott: @SenatorTimScott

Hugh Son @Hugh_Son

Lydia Moynihan: @LJMoynihan


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

Episoder(1917)

Introducing: CNBC Changemakers and Power Players

Introducing: CNBC Changemakers and Power Players

The CNBC Changemakers and Power Players podcast delivers candid, in-depth conversations with trailblazing women in business, hosted by CNBC Senior Media & Tech Correspondent Julia Boorstin. Listen to ...

4 Nov 20256min

Big Tech’s Big Challenges & Transportation Sec. Sean Duffy 11/3/25

Big Tech’s Big Challenges & Transportation Sec. Sean Duffy 11/3/25

Transportation Secretary Sean Duffy addresses the government shutdown’s impact on travel and federal travel workers across the country as we enter the second month of the standstill in Washington, DC....

3 Nov 202541min

5 Things to Know Before the Opening Bell 11/3/2025

5 Things to Know Before the Opening Bell 11/3/2025

Berkshire Hathaway reporting a sharp rebound in earnings in the third quarter, President Trump says Nvidia’s most advanced semiconductor chips should be reserved for the U.S., Treasury Secretary Scott...

3 Nov 20251min

Exxon’s Darren Woods & NYC’s Marathon Weekend 10/31/25

Exxon’s Darren Woods & NYC’s Marathon Weekend 10/31/25

In an exclusive interview, Exxon Mobil CEO Darren Woods discusses his company’s latest quarterly financials and the geopolitics at play in oil patches around the world. In tech, Netflix has announced ...

31 Okt 202538min

5 Things to Know Before the Opening Bell 10/31/2025

5 Things to Know Before the Opening Bell 10/31/2025

President Trump is calling on Republicans to change the filibuster rules in the Senate to end the U.S. government shutdown, delays at airports around the country continue to pile up, airline CEOs have...

31 Okt 20251min

The Trump-Xi Meeting & Building a Happy Life 10/30/25

The Trump-Xi Meeting & Building a Happy Life 10/30/25

President Trump has  met with China’s President Xi in South Korea, announcing progress on tariffs, fentanyl, and semiconductors. Former Ambassador to China Nick Burns discusses the meeting, the nation...

30 Okt 202540min

Gary Cohn on the Shutdown & AI’s Impact on the Labor Market 10/29/25

Gary Cohn on the Shutdown & AI’s Impact on the Labor Market 10/29/25

The federal government has been shut down for nearly a month, and the economic effects are mounting. IBM vice chairman and former NEC director Gary Cohn discusses the health of the economy, corporate ...

29 Okt 202541min

5 Things to Know Before the Opening Bell 10/29/2025

5 Things to Know Before the Opening Bell 10/29/2025

The Federal Reserve is expected to cut rates by a quarter point today, Israeli Prime Minister Benjamin Netanyahu ordered powerful strikes in the Gaza Strip yesterday, an executive at the Air Traffic C...

29 Okt 20252min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
finansredaksjonen
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
utbytte
rss-sunn-okonomi
morgenkaffen-med-finansavisen
stormkast-med-valebrokk-stordalen
liberal-halvtime
lederpodden
rss-markedspuls-2
okonomiamatorene
rss-politisk-preik