A Labour Win, A Boeing Decision, & Debating the Debate 07/05/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 5 July 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

After a landslide win for the Labour Party in the UK, Sky News anchor and former CNBC anchor Wilfred Frost explains Keir Starmer’s support, his policies, and the future of the nation’s economy. Here in the US, Democrats are debating the results of the Presidential debate, including whether President Biden should step aside. CNBC’s Megan Cassella reports on the high stakes for President Biden’s TV interview on Friday, and author and professor Adam Grant explains the psychology at play, both for Biden and for the Democratic Party. Friday marks a deadline for Boeing to either plead guilty or go to trial against the Department of Justice over the deadly crashes of 2018 and 2019 and the quality mishaps in subsequent years. Former United Airlines CEO Oscar Munoz considers the costs of each decision, as well as the state of the travel industry at large. Plus, the June jobs report is out–and it’s a set of conflicting labor metrics to inform the Federal Reserve’s next policy decision. Wilfred Frost - 2:24 Megan Cassella -13:58 Adam Grant - 17:50 Oscar Munoz 27:31 In this episode: Wilfred Frost, @WilfredFrost Adam Grant, @AdamMGrant Megan Cassella, @mmcassella Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C.N.C. producer Katie Kramer.
0:07.0	Today, on this day after the holiday edition of Squawk Pod.
0:10.0	A landslide Labor Party win in the United Kingdom, former
0:14.0	the NBCer and Sky News anchor Wilford Frost explains.
0:17.0	What this means is that Kiest Armour is perhaps the most powerful
0:20.0	Prime Minister since Tony Blair in 1997.
0:25.0	And stateside the Democratic debate wears on, unpacking the president's ego and
0:30.4	Dem voter loyalty with author Adam Grant.
0:33.0	The writing seems to be on the wall.
0:35.0	There's an open question about whether voters will change their mind.
0:38.0	And Boeing's missteps coming to ahead,
0:41.0	former United CEO Oscar Munoz
0:43.4	on whether the company should go to trial.
0:45.8	Even going to play the old route is not an easy one.
0:49.4	Those stories today, plus it's the first Friday of the month. what America's jobs say about the Fed's next decision
0:56.7	It is Friday July 5th Squawk Pod begins right now
1:01.2	Stand under by in three, two, one, Q Andrew.
1:05.0	Good morning and welcome to Squackbox right here on C and B.
1:10.0	We're live at the NASDAQ market set in Times Square.
1:12.0	I'm Andrew Osorking along with Joe Kernan.
1:13.8	Becky is off.
	...

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