A Russian Mega-Yacht Auction & Allegations of Mortgage Fraud 8/21/25

The Labor Department has reported that 263,000 jobs were added in September, and the unemployment rate fell to 3.5%. The numbers will likely encourage the Federal Reserve to stay the course, on their aggressive rate hike policy to curb inflation. In the aftermath of the OPEC+ decision to cut oil output by 2 million barrels a day, the U.S. is exploring an ease of its sanctions on Venezuela in an effort to both boost oil flows, ease domestic energy market pressures, and push Russia and Saudi Arabia out of South America.  Former CNBC anchor and current member of the Council on Foreign Relations Michelle Caruso-Cabrera breaks down President Biden’s geopolitical strategy. Plus, President Biden has pardoned thousands of people convicted of marijuana possession, global investors remain concerned that Credit Suisse is having liquidity issues, and Elon Musk is working to avoid a trial with Twitter.  In this episode: Tsedal Neely @tsedalMichelle Caruso-Cabrera @MCaruso_CabreraBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

7 Okt 202227min

OPEC+, including Saudi Arabia and Russia, have decided to cut oil production by 2 million barrels a day. The decision puts pressure on a Europe already squeezed by an energy crisis and a conflict in Ukraine, and it could be interpreted as a snub to the Biden administration, which has been asking the Saudi Kingdom to ramp up production to ease pressure on the U.S. energy markets. CNBC’s Brian Sullivan, on the ground in Vienna for the announcement, deciphers the message OPEC and Russia are sending to the United States with their decision, and Rep. Ro Khanna (D-CA) offers a message that we as Americans could send back. Plus, the team unpacks the hairy details of getting a Twitter-Musk deal done, and Louisiana is firing back against ESG.  In this episode:Ro Khanna, @RepRoKhannaBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBrian Sullivan, @SullyCNBCCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

6 Okt 202232min

Elon Musk’s deal to buy Twitter is back on track–but questions remain. Can he afford it, and does he have the time to run it? CNBC’s wealth reporter Robert Frank maps out Musk’s financial ability to complete the deal, highlighting the $6 billion he’s still short. If he scrounges together the cash to succeed, Musk biographer Walter Isaacson considers whether Musk has the time to run the platform, and offers insights into the billionaire’s desire to own the platform in the first place. It might, he suggests, be to create a “super app”; CNBC’s China Tech Correspondent Arjun Kharpal discusses whether Musk could turn Twitter into a “super app” like China’s WeChat.  In this episode:Walter Isaacson, @WalterIsaacsonBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkArjun Kharpal, @ArjunKharpalCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

5 Okt 202224min

After a bright start to the fourth quarter, Joe, Becky, and Andrew consider what’s driving the rally, whether it will last, and what the Fed might do in response. In KPMG’s new CEO survey, almost all 400 leaders included, the vast majority of them (91%) are expecting a recession in the next year, but even more of them (93%) are confident in the growth prospects for the U.S. economy. KPMG Chair and CEO Paul Knopp discusses the survey findings, including the biggest concerns weighing on the c-suite, and the biggest opportunities that executives envision on the horizon. CNBC’s Diana Olick reports on the hybrid work model’s impact on urban office space, just as Meta announced layoffs and an office closure in New York. Plus, Theranos founder Elizabeth Holmes is getting another hearing and Elon Musk is in hot water on Twitter. In this episode:Becky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinDiana Olick @DianaOlickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Okt 202220min

Kim Kardashian’s Instagram ad post about the EthereumMax token has cost her $1.26 million. SEC Chair Gary Gensler discusses the celebrity’s settlement with the regulator and explains why her post–and others from DJ Khalid and Steven Seagal–raised a flag that other celebrity ads do not. Concerns about whether Credit Suisse is on the brink of a “Lehman moment” have rocked the global banking industry. Andrew reports on the Swiss bank’s financial health and the fallout it could have on the rest of the financial ecosystem. Plus, Hurricane Ian has claimed dozens of lives, and as one of the biggest storms to ever hit the U.S., its path is costing residents and insurers millions, from South Carolina down to Florida. Property and casualty insurance analyst from KBW Meyer Shields discusses the widespread damage, and offers tips for maintaining water supply and building safety for those returning home for the recovery. In this episode:Becky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Okt 202232min

Joe, Becky, and Andrew recap a long, turbulent month and quarter for the markets as we head into the fourth quarter. Investor, founder of Evercore, and former U.S. Treasury official Roger Altman discusses whether the Fed’s policies will have a hard or a soft landing, and Altman considers whether in two years, we’ll be in an economic recession or recovery. A text thread between Elon Musk and Jack Dorsey has revealed the friendships and strains behind the scenes of Musk-Twitter Soap Opera. Plus, Andrew’s won an Emmy!  In this episode:Becky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie 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.

30 Sep 202232min

Legendary investor Stanley Druckenmiller warned Wall Street of a gloomy market future at CNBC’s Delivering Alpha Investors Summit. Joe breaks down his Druckenmiller interview with Becky, and they weigh the pros and cons of Federal Reserve policy. Despite a gloomy start, the rest of this episode is uplifting, literally. AOL founder Steve Case discusses his new book, “The Rise of the Rest,” and how supporting entrepreneurs in unexpected places could push America’s innovation forward. The pandemic has forced a reevaluation of city life, commutes, and wealth disparity; Case says that one key to unity and to a bright business future is backing startups between the major hubs that already exist. Plus, September is brain aneurysm awareness month. CNBC’s Sharon Epperson reports on a personal and personal finance story; how the 1 in 4 American adults living with disabilities plan for their financial futures, and the vibrant community that supports them along the way. She highlights Daniel Trush, who founded Daniel’s Music Foundation after surviving a brain aneurysm rupture. The group builds on music therapy, bringing light to a community of New York area adults living with disabilities. For more information about Daniel’s Music Foundation, visit danielsmusic.org and to find resources for survivors of brain aneurysms, go to bafound.org.  In this episode:Daniel Trush, @DanielsMusicFdnSteve Case, @SteveCaseBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkSharon Epperson, @Sharon_EppersonKatie 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.

29 Sep 202231min

Joe Kernen and Becky Quick are on site at CNBC’s 2022 Delivering Alpha Investors Summit, where they interview Muddy Waters CIO Carson Block about his firm’s short-selling thesis, his mission to call out fraudulent businesses, and the difference between “fake” and “real” ESG companies. CNBC’s Jim Cramer and David Faber join to discuss the Fed’s fight against inflation, and global threats to the markets–including Russia’s offensive in Ukraine and the Bank of England’s big bond buy. Plus, protests, internet blackouts, and violence rock Iran as citizens challenge the country’s morality police. Senior Fellow at the Carnegie Endowment for International Peace Middle East Program Karim Sadjadpour discusses internet access and Elon Musk’s Starlink activation in Iran amid the unrest.  In this episode:Karim Sadjadpour, @ksadjadpourBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkJim Cramer, @jimcramerDavid Faber, @davidfaberCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Sep 202226min