Cooling Inflation, Kevin McCarthy, & a Hot Dog Dispute 6/12/24
Squawk Pod12 Jun 2024

Cooling Inflation, Kevin McCarthy, & a Hot Dog Dispute 6/12/24

Steve Ballmer, former Microsoft CEO and LA Clippers Chairman founded the data-driven not-for-profit USAFacts. He’s ready to deliver his economic data to Congress and push for transparency in government. Former Republican Speaker of the House Kevin McCarthy is out of his seat but not out of politics. The former lawmaker discusses the 2024 race and explains why this time, the election is more about President Biden than it is about former President Trump. Good economic news, from the Labor Department: May’s CPI data shows that inflation could be loosening its hold on the US economy. CNBC’s Steve Liesman considers the implications for the Federal Reserve’s interest rate strategy. A flurry of headlines have emerged from the Elon Musk universe, including Musk’s dropped lawsuit against OpenAI, hidden likes on X, and personal relationships at SpaceX. Plus, competitive eater Joey Chestnut is between a hot dog and an Impossible hot dog…and fans of Nathan’s hot dog eating contest will miss out on the reigning champion this year.

Steve Ballmer - 14:47

Kevin McCarthy - 28:21

In this episode:

Kevin McCarthy, @SpeakerMcCarthy

Steve Liesman, @steveliesman

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(1794)

Special Report: Markets in Turmoil

Special Report: Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

7 Apr 202045min

Dr. Scott Gottlieb: This will change American life

Dr. Scott Gottlieb: This will change American life

As some areas around the world begin to see coronavirus death tolls decline, officials in the United States are hopeful that American fatalities will also level off. Former FDA Commissioner Dr. Scott Gottlieb grounds expectations for life after the pandemic with historical perspective. 31 million small businesses are scrambling to take advantage of relief programs before the $350 billion of federal funds run out; American Bankers Association President and CEO Robert Nichols explains how the banks are trying to keep up with demand. Grubhub CEO Matt Maloney shares how restaurants are using his platform to stay afloat during the pandemic. Plus, Father James Martin, Jesuit priest and author, discusses faith in humanity during a global crisis. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

6 Apr 202025min

Special Report | Markets in Turmoil: Your Business

Special Report | Markets in Turmoil: Your Business

Listen to CNBC's special report, The Path Forward: Your Business. We’ll discuss the challenges facing independent businesses with ‘The Profit’ himself, Marcus Lemonis. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Apr 202045min

“The Hot Zone” Author Richard Preston: There will be more in the future

“The Hot Zone” Author Richard Preston: There will be more in the future

Richard Preston, writer for The New Yorker and author of “The Hot Zone: The Terrifying True Story of the Origins of the Ebola Virus,” discusses the patterns of virus outbreaks throughout history and shares what may be ahead for the planet. Plus, 10 million Americans filed for unemployment benefits in the last few weeks, and the unemployment rate jumped nearly one full percent to 4.4% in the last month. Former Treasury Secretary Jack Lew discusses the latest report from the Department of Labor and the government’s plans to save small business in America.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Apr 202022min

Special Report | Markets in Turmoil: The Path Forward

Special Report | Markets in Turmoil: The Path Forward

CNBC's special report will focus on the path forward for individual business owners here in the U.S. Listen for insight from The Profit's Marcus Lemonis, Shark Tank's Kevin O'Leary and Facebook's COO Sheryl Sandberg with details on what her company is doing to help. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Apr 202044min

6.6 Million Americans; Stony Brook University Hospital CEO

6.6 Million Americans; Stony Brook University Hospital CEO

A record 6.6 million Americans filed for unemployment benefits last week. CNBC’s Senior Economics Reporter Steve Liesman and Daniel Tarullo, the former Federal Reserve Governor who led the Fed’s financial regulatory reforms in the wake of the financial crisis, talk through that grim and staggering number and what could be next for the pandemic-afflicted economy. Stony Brook University Hospital CEO Carol Gomes shares strategies for supporting health care workers and Covid-19 patients in the NYC metropolitan area.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2 Apr 202023min

Special Report: Markets in Turmoil

Special Report: Markets in Turmoil

Listen to CNBC's special report on how the coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2 Apr 202044min

Amazon Warehouse Safety; Wartime Production Laws in a Health Crisis; Mortgages in a Pandemic

Amazon Warehouse Safety; Wartime Production Laws in a Health Crisis; Mortgages in a Pandemic

Former FDA chief Dr. Scott Gottlieb hopes the rate of Covid-19 infections in New York will start to slow next week, but wildcards like Texas and Florida could push the nation’s death toll close to the President’s sobering new estimates. Eurasia Group’s Ian Bremmer explains whether the federal government will use wartime production laws to force companies to make essentials during the coronavirus pandemic. Plus, mortgage applications to buy a home have plummeted 24% during the health crisis, and an Amazon worker led a protest about unsafe conditions in a New York warehouse, was fired, and is still speaking out about worker protection during the coronavirus pandemic.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

1 Apr 202027min

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