Squawk Pod

In a surprise to Wall Street, the Labor Department reported a loss of 23,000 nonfarm jobs in July . CNBC’s Rick Santelli and Steve Liesman break down the report and what it means for the broader health of the economy. Representative Greg Casar (D-TX) is focused on AI’s impact on the labor force in his latest legislation to tax hyperscalers, while MIT Associate Professor Kevin Esvelt is closely wat...

Google is reshuffling its AI team , moving Demis Hassabis from CEO to chairman of Google DeepMind. Hassabis will also take over the chief scientist role of Alphabet after the current chief scientist Jeff Dean leaves the company. The Wall Street Journal is reporting that President Trump has called Federal Reserve Chairman Kevin Warsh multiple times since Warsh stepped into his role. Google board me...

Former Fed Chair and former Treasury Secretary Janet Yellen discusses Kevin Warsh’s new regime at the Federal Reserve and the persistent inflation in the United States. After the first U.S. intervention in the Japanese yen in decades , she discusses global economic stability and the changes still to come, thanks to AI. Uber CEO Dara Khosrowshahi discusses the road ahead for autonomous vehicles and...

In a newsmaking–and market-moving–interview, Treasury Secretary Scott Bessent suggests that the U.S. may have a deal with Iran as soon as today or tomorrow. He says, the “K-shaped economy is over,” and the era of the “C-shaped” economy has arrived. Plus, Snap CEO Evan Spiegel is at the Aspen Economic Strategy Group meeting for his company’s latest earnings release; he’s looking forward to new inno...

After months of negotiations broke down,  New York State filed a lawsuit against prediction market Kalshi. Kalshi CEO Tarek Mansour responds to the allegations that his platform is “quintessentially gambling” and that it seeks to avoid paying the appropriate taxes. Then, Adam Isles, head of cybersecurity for the Chertoff Group, discusses the cyberattacks on water systems across seven U.S. states....

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The Federal Reserve, under Kevin Warsh, has decided to keep interest rates steady. Former Fed vice chairman Roger Ferguson discusses the decision and the FOMC member dissents. After Dr. Anthony Fauci’s testimony before the Senate Homeland Security Committee, Committee Chair Sen. Rand Paul (R-KY) discusses his plan to consider holding Dr. Fauci in contempt for exercising his Fifth Amendment rights...

After OpenAI released new information about its model’s hack of Hugging Face , the debate about open-source and closed-source AI wages on. Kindred Ventures founder Steve Jang, an AI, tech, and robotics investor, discusses the future of AI, including the moat around memory chips player SK Hynix , despite recent stock moves. Mark Zuckerberg is on an AI optimism press tour, penning an Opinion piece f...

Pennsylvania Democrat Senator John Fetterman has  changed his mind on the filibuster . Sen. Fetterman discusses where he differs from his party lines, including Democratic Socialist efforts around the country. Stephen Miran was appointed by President Trump to the Federal Reserve Board of Governors. Ahead of the central bank’s two-day policy meeting , Miran discusses money supply, its relationship...

Nvidia is in talks with OpenAI to finance a new data center project in Ohio, according to reports. As markets kick off the  busiest week of earnings season , investor Steve Eisman shares his perspective on the AI trade,  big tech’s big capital expenditures , the moats around tech and AI companies, and how he’s hedging his own portfolio. CNBC’s Dan Murphy reports on the  current pause in fighting b...

In a nearly 90 minute interview, SpaceX and Tesla CEO Elon Musk sat down with The Economist’s editor-in-chief Zanny Minton Beddoes. Beddoes shares her biggest takeaways from the conversation, including the most viral moments about AI regulation and Musk’s own relationship with the alt-right. Partnership for NYC President and CEO Steven Fulop discusses Mayor Mamdani’s appointment of former FTC Comm...

Former CFTC Commissioner Brian Quintenz is now on the board of Kalshi Exchange and a senior advisor to the Coalition for Prediction Markets. The morning after Kalshi unveiled a “Midterms Hub” for election contracts , Quintenz discusses prediction markets regulation and impact on U.S. elections. AI-native IT startup Serval is helping customers like SeatGeek bring IT engineers off of IT help desks a...

AT&T reported better-than-expected earnings for its second quarter. CEO John Stankey discusses the results, the future of connectivity, and the potential for partnership with SpaceX’s Starlink. In AI news, Elon Musk announced that Grok Imagine will produce a full length AI adaptation of The Odyssey, and OpenAI has disclosed an “unprecedented cyber incident”  in which its models escaped a sandbox a...

U.S. Trade Representative Jamieson Greer signaled  another round of President Trump’s tariffs is on the way, on the heels of a new  50% levy on Canadian goods as varied as wine and hockey sticks.  Greer says he expects action soon.  The cyclospora pathogen is sparking fears – and false positives - as regulators struggle to determine the source of the recent explosive diarrhea outbreak. Former FDA...

After  The Odyssey’s strong opening weekend at the box office, AMC CEO Adam Aron discusses the shifting entertainment landscape and AMC’s financial results this quarter. Aron also discusses audience appetite for films using AI tools and AI actors. AI is also on the table for the next interview, with OpenAI chairman and Sierra co-founder Bret Taylor. Taylor weighs in on  the debate about tokenmaxxi...

Netflix shares are under pressure after its quarterly earnings forecast disappointed investors, and  chip stocks are down amid concern about AI investment. JPMorgan Asset Management global market strategist Hugh Gimber explains why the pressure on chip and memory stocks might continue until hyperscaler companies report their own earnings in a few weeks. In Shanghai, CNBC’s Eunice Yoon reports on ...

Frank Bisignano serves as Commissioner of the Social Security Administration & CEO of the IRS, and now he’s being tapped to lead the expansion of Trump Accounts . In an extended interview, the Commissioner discusses stock donations to Trump Accounts and the tech transformation within the IRS.  Netflix shares are down over 40% for the past 12 months, but MoffettNathanson analyst Robert Fishman says...

JPMorgan Chase CEO Jamie Dimon and Senator Dave McCormick (R-Pennsylvania) discuss the bank’s $24 million investment in Pennsylvania’s maritime industry. Both Dimon and Sen. McCormick discuss the future of American industry, politics, national security, and AI. Plus, On July 16th, CNBC and Boardroom are bringing their fourth annual Game Plan Summit to Fanatics Fest. Ahead of the summit, longtime s...

Warren Buffett plans to give away all of his Berkshire shares within eight years, but he has ended his 20-year-long philanthropic relationship with the Gates Foundation. In a sit-down interview with Becky Quick,  Buffett discusses the decision to omit the Gates Foundation from his annual charitable gift. Plus, Buffett explains  Berkshire’s expanded stake in Alphabet , and he weighs in on a  market...

Chamath Palihapitiya, host of the All-In Podcast and CEO of both Social Capital and 8090, sits down with Joe Kernen and Andrew Ross Sorkin for a wide-ranging interview. The founder and investor views AI as a “great leveler,” and he argues that Silicon Valley has an AI marketing problem. A California billionaire himself, Palihapitiya discusses his commitment to the state–and his frustration with th...

After the death of  Senator Lindsey Graham (R-SC), former Congressman Patrick McHenry (R-NC) discusses  Sen. Graham’s legacy and the future of both the Republican and Democratic parties.  Shares of SK Hynix fell over 15% in Seoul on Monday after its impressive Friday debut of US-traded shares on the Nasdaq. Semafor’s Rohan Goswami is reporting that friends and advisers of Paramount CEO David Ellis...

South Korean memory chip giant SK Hynix is now publicly traded on the Nasdaq , raising billions from U.S. investors. OpenAI’s Fidji Simo, second in command at the company, is leaving to manage a chronic illness. CNBC’s Kate Rooney reports on the ongoing questions about governance at OpenAI. Stat News reporter Bob Herman is digging into the cracks of the American health care system, the Federal Res...

CNBC's Megan Cassella reports on the  latest strikes between the U.S. and Iran , and Democratic Senate Nominee for Maine  Graham Platner is ending his campaign . Former Republican Senator for Nevada Dean Heller is now an advisor to Kalshi, and he responds to former New Jersey Governor Chris Christie’s comments about the difference between prediction markets and sports gambling. Plus,  CNBC’s 20th...

At the  NATO summit in Turkey , President Trump remarked that  the memorandum of understanding with Iran is “over.” CNBC’s Steve Sedgwick reports on the ground in Ankara, and Nicholas Burns, former Ambassador to NATO under George W. Bush, discusses the economic pressure points that could be effective in negotiations with Iran. Andrew Ross Sorkin calls into the show with news about  Blue Origin: th...

President Trump has arrived in  Turkey for the NATO summit , and Senator Chris Coons (D-DE) is also in Ankara with the U.S. delegation. Sen. Coons discusses the goals for the U.S. and its allies at the summit. Former New Jersey Governor Chris Christie is now a strategic advisor to the American Gaming Association, and he’s zeroing in on the differences between legal sports betting and prediction ma...