Cava CEO, Tariffs & Inflation, & Perplexity’s Bid for Chrome 8/13/25

After the Bureau of Labor Statistics reported the closely-watched Consumer Price Index for July, economists–and CNBC’s Steve Liesman–are debating the impact of tariffs on economic data points. AI platform Perplexity has offered Google a $34 billion bid for its Chrome browser. Jonathan Kanter, former DOJ Assistant Attorney General under President Biden, shares his perspective on the AI wars for search engine dominance. After Cava’s quarterly report, the fast casual chain’s stock plummeted over 24%. CEO Brett Schulman isn’t worried, though; the morning after the release, he discusses his focus on delivering value for hungry consumers. Plus, Silicon Valley’s interest in “superbabies” is rising.

Steve Liesman - 17:04

Brett Schulman - 22:57

Jonathan Kanter - 31:16

In this episode:

Steve Liesman, @steveliesman

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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