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.
2 Apr 202023min
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.
2 Apr 202044min
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.
1 Apr 202027min
Anheuser Busch InBev’s Hand Sanitizer; Burger King’s Safety Measures; Food Insecurity with Russell Wilson
“We are in a John F. Kennedy moment.” Wheels Up CEO Kenny Dichter has taken his private jet company into “Meals Up” mode. Inspired by NFL Seahawks quarterback Russell Wilson and singer/songwriter Ciara, Wheels Up and its members are donating 10 million meals to Feeding America, a nonprofit devoted to providing relief for the food insecure in the U.S. Wilson and Dichter urge other business leaders to help struggling Americans as the pandemic wages on. The world’s largest brewer, Anheuser-Busch InBev, is pivoting its business as well. CEO Carlos Brito explains why and how his company is making hand sanitizer as well as Budweiser in a global health crisis. Plus, Jose Cil, CEO of Restaurant Brands, owner of Burger King and Popeyes, says it’s business as usual, serving millions safely around the world.
31 Mar 202029min
Virus Vaccine is One Step Closer
“This is a bit of a moonshot for J&J.” Chairman and CEO of Johnson & Johnson Alex Gorsky discusses its experimental vaccine for COVID-19 that will begin clinical trials by September, and could be available for emergency use authorization in early 2021. Former FDA Commissioner Dr. Scott Gottlieb says deaths in the U-S related to the virus would likely peak toward the end of April and suggests that life might start returning to normal after the middle of May.
30 Mar 202017min
Dr. Atul Gawande: We need a national shelter-in-place
Surgeon, author, and CEO of Haven, the joint health care venture between JPMorgan, Amazon, and Berkshire Hathaway, Dr. Atul Gawande shares what U.S. systems need while under pandemic-induced duress. Plus, some Friday news (and booze) you can use: Katie Kramer gets tips for virtual happy hours from Food and Wine Executive Wine Editor Ray Isle.
27 Mar 202014min
Paul Tudor Jones: We’re going to kick this bug’s ass
"America can beat this thing. Humanity can beat this thing.” Hedge fund titan and philanthropist Paul Tudor Jones says investors can take heart in the United States’ fiscal “nuclear bomb.” Jones was the first money manager to raise concerns about the coronavirus back in January; in a colorful, emotional interview today, he weighs in on the pandemic’s shock to the U.S. economy and the American workforce.
26 Mar 202028min
Ben Bernanke: This is closer to a snowstorm than the Depression
“It is important before we put everybody back to work that we feel like we have the public health situation under control.” Former Federal Reserve Chairman Ben Bernanke led the Fed during the 2008 financial crisis and the subsequent recession; now he’s weighing in on the Fed’s playbook to prevent another American recession in 2020. As a student of the Great Depression, he views today’s economic distress as much closer to a natural disaster than the economic downturn of the 1930s. Current President of the St. Louis Federal Reserve James Bullard calls for historical perspective as well, telling the public, “Don’t get discouraged, because this isn’t at all comparable to past events in U.S. macroeconomic history.”
25 Mar 202028min
