Apple shares have been under pressure this week, as reports of China’s restriction of Apple products continue. CNBC’s Beijing Bureau Chief Eunice Yoon discusses the report and the CCP’s approach to American big tech. Commissioner of the U.S.-China Economic and Security Review Jacob Helberg warns that this ‘tech war’ could give way to a military war between China and the US. As students get back to school and workers head back to the office, the MTA is prepared for an uptick in NYC ridership, despite the subway’s recent fare hike. MTA CEO Janno Lieber argues that congestion pricing is a good thing for commuters, and explains the declining crime rates in the MTA systems. Plus, Elon Musk interfered in the Russian war with Ukraine, BMW is making small (and hot) changes, and Goldman Sachs CEO David Solomon is speaking out about his negative press. 

Eunice Yoon 15:37

Jacob Helberg 17:57

Janno Leber 28:13

In this episode:

Janno Lieber, @MTA

Eunice Yoon, @onlyyoontv

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

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.

Investing legend Leon Cooperman is out with a new book, “From the Bronx to Wall Street: My Fifty Years in Finance and Philanthropy.” The Omega Family Office CEO and Chairman discusses his current holdings, his outlook on inflation and recession, and why he’s a lifelong–and sentimental–capitalist. Apple shares were under some pressure after a report that China restricted iPhone use for government officials. Warner Brothers Discovery CEO David Zaslav spoke on the streaming landscape and Hollywood strikes at a Goldman Sachs conference. Plus, CNBC’s Personal Finance Correspondent Sharon Epperson says, many Americans are financially stressed. She details results from CNBC’s Your Money Survey and explains retirement saving plans and why so many workers are caught between the many ‘shoulds’ of personal finance. 

Leon Cooperman 11:40

Sharon Epperson 31:04

In this episode:
Sharon Epperson, @sharon_epperson

Andrew Ross Sorkin, @andrewrsorkin
Becky Quick, @BeckyQuick
Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

: Anti-Defamation League CEO Jonathan Greenblatt is pushing back on Elon Musk, calling the billionaire’s insinuation to sue the nonprofit over defamation a “threat of a frivolous lawsuit.” Musk claimed on Monday that the ADL was responsible for putting “pressure on advertisers” that led to a 60% drop in X’s advertising revenue. NFL legend Tom Brady will become a “strategic adviser” to Delta Airlines in his latest post-NFL career move. Delta CEO, Ed Bastian, Tom Brady, and CNBC’s Phil LeBeau discuss the partnership and how Brady’s able to decide what works and what doesn’t in leadership. Plus, Amazon could be hit by an FTC antitrust lawsuit later this month and celebrating the life of Jimmy Buffett.

Jonathan Greenblatt 12:20
Tom Brady & Ed Bastian 21:30

In this episode:
Tom Brady, @TomBrady
Ed Bastian, @Delta
Phil LeBeau, @Lebeaucarnews
Jonathan Greenblatt, @JGreenblattADL

Andrew Ross Sorkin, @andrewrsorkin

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

DeepMind co-founder and Inflection AI co-founder Mustafa Suleyman discusses his new book, “The Coming Wave,” which maps out our human future with AI. As one of the technology’s earliest adopters and entrepreneurs, Suleyman discusses the likely shifts to come, and the speed of innovation. Taylor Swift’s Eras Tour is coming to theaters! Matt Belloni, Puck founding partner, discusses the big concert-movie deal, particularly in light of a slow box office amid actor and writer strikes. Plus, Goldman Sachs is lowering its projection for the likelihood of a recession, and Elon Musk is bristling at the Anti-Defamation League. Again. 

Mustafa Suleyman 12:57

Matthew Belloni 23:00

In this episode:
Mustafa Suleyman, @mustafasuleyman

Matthew Belloni, @MattBelloni

Andrew Ross Sorkin, @andrewrsorkin

Joe Kernen, @JoeSquawk

Michael Santoli, @michaelsantoli

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Labor Department released its latest employment data, revealing 187,000 new jobs added to the U.S. economy in August. CNBC reporters Rick Santelli and Steve Liesman discuss whether the unemployment rate, which ticked up to 3.8%, will inform the Federal Reserve’s monetary policy moving forward. President Obama’s former chief economic advisor Betsey Stevenson, Nuveen’s CIO Saira Malik, and former deputy director of the National Economic Council Andrew Olmem discuss the data and the influence it will have on interest rate hikes in the second half of the year. 

In this episode:

Melissa Lee, @MelissaLeeCNBC

Scott Wapner, @ScottWapnerCNBC

Steve Liesman, @steveliesman

Rick Santelli, @RickSantelli

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Salesforce reported a surprise beat in its quarterly report, and investors seem pleased with Marc Benioff’s optimistic outlook. Elon Musk’s X Corp. is hoping to collect biometric data for the “everything app” of his dreams, and the Tesla chief’s glass house plans are raising eyebrows at the SEC and the DOJ. Cannabis is on track for a reclassification among regulators, but it’s still unwelcome at the US Open. As back-to-school season begins, Chris Caren, Turnitin CEO and president, explains how his software detects the use of A.I. in the classroom and offers his advice to students and educators. Inflation has hit the beverage industry: Ray Isle, Food & Wine executive wine editor, discusses reports that the average price for a bottle of Napa Valley wine is currently over $100. 

Chris Caren 12:04

Ray Isle 20:24

In this episode:
Chris Caren, @Turnitin
Ray Isle, @islewine
Jon Fortt, @jonfortt
Michael Santoli, @michaelsantoli

Becky Quick, @BeckyQuick

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.

The crypto community celebrated a win this week after the U.S. Court of Appeals for the DC Circuit ruled that the SEC was wrong to deny crypto investment giant Grayscale permission to convert its popular bitcoin trust into an ETF. Grayscale CEO Michael Sonnenshein discusses the company’s win, and what it means for the broader crypto community. X has lifted Twitter’s 2019 ban on political ads, and Puck founding partner Teddy Schleifer discusses the social media platform’s influence on the 2024 presidential election. Plus, Apple has a new camera, and Tesla has an ‘Elon mode’ Autopilot configuration.

 

Michael Sonnenshein - 13:25

Teddy Schleifer - 23:46

In this episode:
Michael Sonnenshein, @Sonnenshein

Teddy Schleifer, @teddyschleifer

Robert Frank, @robtfrank
Michael Santoli, @michaelsantoli

Becky Quick, @BeckyQuick

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Biden administration has unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare. CNBC’s Bertha Coombs  and Centers for Medicare and Medicaid Services Administrator, Chiquita Brooks-Lasure, discuss the announcement, how the list of drugs were chosen, and more. Amazon CEO Andy Jassy is reportedly ready to let go of remote employees who’d rather stay remote, and OpenAI is launching its chatbot business tier, called ChatGPT Enterprise. Plus, CNBC’s Eamon Javers reports, Meta says it has disrupted a disinformation campaign linked to Chinese law enforcement, what the platform has called the “largest known cross-platform covert influence operation in the world.”

Bertha Coombs 15:50

Chiquita Brooks-LaSure 20:33

Eamon Javers 28:17

In this episode:
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Eamon Javers, @EamonJavers
Chiquita Brooks-LaSure, @BrooksLaSureCMS
Bertha Coombs, @berthacoombs

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.

The Federal Reserve’s Jackson Hole meeting is over, but chair Jay Powell’s comments there are still echoing through the markets. Allianz Chief Economic Advisor Mohamed El Erian digests Powell’s Wyoming speech, including his comments that inflation is still too high, and his choice to leave the door open for more rate hikes in the future. U.S. Commerce Secretary Gina Raimondo is in China this week, meeting top officials in an effort to pursue a more stable relationship with the CCP. CNBC’s Beijing Bureau Chief Eunice Yoon reports from China on the local response to Sec. Raimondo’s visit, and what Chinese officials expect to get from the meetings. Plus, the Biden administration is poised to negotiate costs of Medicare drugs directly with pharmaceutical companies. Former FDA Commissioner Scott Gottlieb discusses the impact of these negotiations and the complications still ahead to lower prescription prices. 

Eunice Yoon - 11:46

Mohamed El Erian - 17:46

Dr. Scott Gottlieb - 28:27

In this episode:

Eunice Yoon, @onlyyoontv

Scott Gottlieb, MD, @ScottGottliebMD

Michael Santoli, @michaelsantoli

Robert Frank, @robtfrank

Joe Kernen, @JoeSquawk

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.

The SAG-AFTRA strike is resulting in movie release delays from big studios. Semafor’s Ben Smith discusses the delay of “Dune: Part Two” and the importance of promotion and marketing in the Hollywood machine. Remote workers could be losing touch with the larger mission of their company; HR expert and Medley Co-founder Edith Cooper discusses how intentional hybrid work can be impactful and productive, and probes the real needs of employers looking to get employees back to the office. Plus, a group ransacked a Nordstrom store in California, and CNBC’s Julia Boorstin reports on the EU’s new content laws that could result in big fines for big tech. 

Julia Boorstin 6:51

Ben Smith 15:25

Edith Cooper 21:23

In this episode:

Julia Boorstin, @JBoorstin

Ben Smith, @semaforben

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk

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.