What to Follow: Work Trends & U.S. Capital Abroad 8/08/23

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 8 August 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Biden administration is set to look more closely at U.S. investments going abroad; Rep. Mikie Sherrill (D-New Jersey) explains why some American businesses and investors are starting to view China as a risky investment, and why increased scrutiny on outbound capital flows could retain America’s competitive edge. New York Post reporter Lydia Moynihan breaks down the workplace trends on social media, from “lazy girl jobs” to “loud quitting.” Plus, AB Inbev is unloading some of its beverages to Tilray, and Italy’s banks are hit with a big, one-time tax. 08:52 - Rep. Mikie Sherrill 16:41 - Lydia Moynihan In this episode: Lydia Moynihan: @LJMoynihan Rep. Mikie Sherrill, @RepSherrill Andrew Ross Sorkin, @andrewrsorkin Melissa Lee, @MelissaLeeCNBC

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pond.
0:09.0	Following American dollars all the way to China, why the Biden administration is
0:14.0	planning a closer look at outbound investments. Democratic Congresswoman Mikey
0:18.6	Cheryl joins us. We've seen some US investment going into Xinjiang where a genocide is taking place against
0:25.5	the Uyghur people.
0:26.9	We've seen some investment, U.S. investment going into the suppliers of the People's Liberation
0:32.2	Army.
0:33.7	And the New York Post's Lydia Moynihan
0:35.8	on the workplace and work from home trends
0:38.5	that you might not know about.
0:40.1	One thing I want to touch on is this whole lazy girl job trend that's been going viral.
0:45.2	What is this? On the internet.
0:47.2	Plus, beyond meat, stock is beyond disappointing.
0:51.2	A.B. Inbev is unloading a few of its beers and Italian banks hammered by
0:55.8	one giant tax.
0:57.8	It's like when hell freezes over kind of thing.
1:00.8	It's Tuesday August 8th, 2023.
1:03.6	Squawk Pod begins right now.
1:05.9	Stand to under by in three, two, one, Q Andrew.
1:10.8	Good morning and welcome to Squack Box right here on
1:12.6	see and we're live at the NASDAQ market site in Times Square
	...

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