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Squawk Pod

5 Things to Know Before the Opening Bell 10/1/2025

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 1 October 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Friday’s employment report is unlikely to be released due to the government shutdown, the White House is pulling the nomination of economist E.J. Antoni to lead the Bureau of Labor Statistics, Tesla is raising lease prices for all its cars in the U.S. – following the expiration of a federal tax credit, Boeing is in line for a large government contract to build replacements for the bombs the U.S. dropped on Iran in June, and Character AI is removing Disney characters from its chatbot platform. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.

Transcript

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0:00.0

I'm Andrew Ross Sorkin, co-host of Squatbox along with Joe Kernan and Becky Quick,

0:05.6

and this is Five Things to Know before today's opening bell.

0:09.5

Friday's jobs report from the government unlikely to be released because of the government's

0:13.2

shutdown in D.C., but we're still expecting a look at the U.S. employing picture.

0:17.0

We'll get that today.

0:18.3

ADP private payroll data for September due out at 815 Eastern

0:21.6

time. The Congress was expecting an addition of 45,000 jobs last month. That's versus 54,000 back in

0:27.8

August. Meanwhile, the White House pulling the nomination now of economist E.J. Anthony to lead the

0:32.6

Bureau of Labor Statistics and administration official saying President Trump plans to announce a new nominee, quote,

0:38.7

very soon. The president nominated Antony after firing the previous head of the BLS and accusing her,

0:44.6

if you remember, without evidence of manipulating that data. That became a big brouhaha. We discussed

0:49.7

that for, like, weeks at the time. He's got time.

1:12.8

Well, now he might have time. Got time. Now he might have time. Find a good guy. Find a good person. Because we don't need anything this Friday. Meantime, by the way, it's going to put a lot more importance on all these other third-party data folks. If we get any of that stuff, yeah. Meanwhile, Tesla raising lease prices for all its cars in the U.S.

1:12.8

That follows an expiration of the $7,500 federal tax credit.

1:17.1

Tesla has used the credits to help make leases more attractive to customers.

1:22.2

And Boeing is in line now to receive a contract worth as much as $120 million

1:26.2

to build replacements for the massive

1:28.7

bombs that the U.S. dropped on Iran's nuclear facilities in June. That's according to a Bloomberg

1:33.9

report, and that could move that stock. An artificial intelligence startup character AI says it has now

1:40.5

removed Disney characters from its chatbot platform after the studio asked to stop using its copyrighted characters without authorization.

1:48.1

Disney had sent a cease and desist letter to character AI in which it accused that company of systematically reproducing and monetizing Disney's protected characters,

1:57.9

which raises a whole new issue.

...

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