U.S. Oil Buys & Home Depot’s Demand Problem 5/16/23
Squawk Pod16 Mai 2023

U.S. Oil Buys & Home Depot’s Demand Problem 5/16/23

In DC, the Senate Banking Committee is prepared to hear testimony from former Silicon Valley Bank and Signature Bank executives. Senator J.D. Vance (R-OH) shares his concerns about regulator oversight in the regional banking crisis, and he weighs in on the debt ceiling showdown. White House energy advisor Amos Hochstein discusses the administration’s newly announced plans to buy three million barrels of oil to replenish the U.S. Strategic Petroleum Reserve. Plus, the U.S. Virgin Islands issued a subpoena to Elon Musk in connection with the Jeffrey Epstein lawsuit, and Home Depot’s rough quarter is weighing on the Dow.

In this episode:

Amos Hochstein @AmosHochstein

Sen. J.D. Vance, @JDVance1

Eamon Javers, @EamonJavers

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

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.

Episoder(1848)

IAC Chairman Barry Diller: Birdbrains, Business, & Social Justice; Jobs “Misclassification” Explained

IAC Chairman Barry Diller: Birdbrains, Business, & Social Justice; Jobs “Misclassification” Explained

The May jobs report encouraged investors last week, but it’s raising economists’ eyebrows this week. The Washington Post reporter Heather Long explains the Bureau of Labor Statistics’ “misclassification” footnote that has all but eclipsed the encouraging signs of U.S. economic recovery. IAC and Expedia Chairman Barry Diller shares his bold calls for business leaders, from relationships with shareholders to responses to social justice demands. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Special Report | Markets in Turmoil: Crisis in America

Special Report | Markets in Turmoil: Crisis in America

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

6 Jun 202050min

Walmart CEO & Business Roundtable Chairman Doug McMillon

Walmart CEO & Business Roundtable Chairman Doug McMillon

Doug McMillon, Walmart CEO and Chairman of the Business Roundtable, announces the BRT’s new CEO collaborative committee to advance racial equity and justice solutions. In discussing his CNBC.com op ed, “And Justice for All: Unshackling the Potential for Every American,” Blue Meridian Partners’ Jim Shelton takes American executives to task. He says calls for justice and acknowledging history are not enough; he calls for corporate action beyond boardrooms and press releases. Plus, Allianz Chief Economic Advisor and Squawk Box regular Mohamed El-Erian makes sense of the market rebound in the face of two American crises.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

5 Jun 202027min

Special Report | Markets in Turmoil

Special Report | Markets in Turmoil

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

5 Jun 202045min

Marriott & Bank of America: Persistence & Progress

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Bank of America CEO Brian Moynihan discusses why his bank’s $1B pledge to address inequality is just the beginning of the financial industry’s work to effect social change. Arne Sorenson, CEO of the world’s largest hotel chain Marriott, emphasizes the importance of business leader coordination and persistence in the push for policy reform.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Jun 202022min

Special Report | Markets in Turmoil

Special Report | Markets in Turmoil

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Jun 202045min

Harlem Children’s Zone, Johnson & Johnson: C-Suite & Community Change

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President of the Harlem Children’s Zone, activist Geoffrey Canada, shares his cradle-to-career strategy in supporting young communities of color. Alex Gorsky, CEO of the world’s largest health care company Johnson & Johnson, pushes for productive conversations about inequality and diversity in the boardroom and corresponding concrete business plans beyond it.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Jun 202027min

Special Report | Markets in Turmoil: Crisis in America

Special Report | Markets in Turmoil: Crisis in America

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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