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

Avsnitt(1796)

Elon Musk off Script; Jobless Claims with U.S. Labor Secretary; Former White House Insider Steve Bannon

Elon Musk off Script; Jobless Claims with U.S. Labor Secretary; Former White House Insider Steve Bannon

Tesla CEO Elon Musk’s expletive-laced rant and subsequent tweet about American shelter-in-place orders has Wall Street and Main Street abuzz. The rolling total of Americans who’ve filed for unemployment in the last six weeks has topped 30 million; U.S. Labor Secretary Eugene Scalia assures Americans that there’s reason to hold on to optimism. Plus, former White House insider Steve Bannon takes on China and warns that the Chinese Communist Party will have to answer to citizens around the world who wonder about its role in the pandemic’s spread.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

30 Apr 202028min

Special Report | Markets in Turmoil: Gilead Latest

Special Report | Markets in Turmoil: Gilead Latest

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.

30 Apr 202044min

Chasing Wellness: Gilead’s Remdesivir & Tools for Healthy Isolation

Chasing Wellness: Gilead’s Remdesivir & Tools for Healthy Isolation

A new study from the NIAID revealed that at least 50% of Covid-19 patients treated with a 5-day dosage of Gilead’s Remdesivir reported improved symptoms and were discharged from the hospital within two weeks. Former FDA Commissioner Dr. Scott Gottlieb describes the treatment as “part of a better toolbox” for fighting the coronavirus, but “not a home run.” Plus, Mindy Grossman, CEO of WW International, (formerly known as Weight Watchers) discusses keeping her business and our bodies well during quarantine.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

29 Apr 202026min

Special Report | Markets in Turmoil: Reopening Malls

Special Report | Markets in Turmoil: Reopening Malls

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.

29 Apr 202045min

Treasury Secretary Steven Mnuchin & Brown University President Christina Paxton

Treasury Secretary Steven Mnuchin & Brown University President Christina Paxton

The Paycheck Protection Program resumed this week with a fresh infusion of $310 billion for America’s small businesses. Treasury Secretary Steven Mnuchin addresses flaws in the relief package, including why stimulus intended for small businesses inadvertently helped big players, like the LA Lakers and Shake Shack. Secretary Mnuchin, a member of the White House Coronavirus Task Force, shares how how government relief will review large loans before granting forgiveness, and explains why this crisis is different from the problems in 2008. Plus, Brown University President Christina Paxton shares what it will take to reopen campus, from widespread testing to student body privacy concessions.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Apr 202024min

Special Report | Markets in Turmoil: Expanding Testing

Special Report | Markets in Turmoil: Expanding Testing

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.

28 Apr 202045min

NJ Governor: ‘Everyone’s got a plan until you’re punched in the face’

NJ Governor: ‘Everyone’s got a plan until you’re punched in the face’

New York and New Jersey have the highest number of coronavirus cases and related deaths in the U.S. As leaders in other states plan to reopen businesses amid the pandemic, New Jersey Governor Phil Murphy weighs the country’s preparedness for crisis and the state-by-state financial troubles brought on by widespread shutdowns. The New York Times Foreign Affairs columnist Tom Friedman highlights America’s need for strong and transparent leadership, especially in a pandemic. Plus genetic cardiologist at the Mayo Clinic Dr. Michael Ackerman, issues a warning about the cardiac risks that may accompany the widely-praised Covid-19 treatment, hydroxychloroquine.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

27 Apr 202034min

Special Report | The Path Forward: Your Business

Special Report | The Path Forward: Your Business

In this CNBC special report, Shark Tank's Daymond John and individual business owners discuss challenges and struggles in the midst of the coronavirus crisis. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

25 Apr 202044min

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