Squawk Pod

President Trump has made a choice for the next Federal Reserve chair, sparking speculation without revealing the name. Meanwhile, Disney's 'Zootopia 2' smashes records, raking in over $550 million globally. A data breach at South Korea's Coupang has compromised information from millions of customers, raising security concerns. On a different note, UnitedHealth Group plans to divest its final South American business for a staggering $1 billion. Stay tuned for these fast-paced insights into the market!

Courtney Reagan, CNBC's senior retail reporter, provides live insights from a New Jersey mall, highlighting the changing dynamics of Black Friday shopping. Harley Finkelstein, President of Shopify, reveals real-time data showing skincare and activewear leading sales trends. Jay Marine, head of Prime Video U.S., discusses Amazon’s integration of live sports with shopping on Black Friday. Together, they delve into consumer behavior shifts and the significance of omnichannel approaches during the holiday rush.

Trading on futures and options faced a halt due to a data center issue at CME. The SEC is investigating Jefferies over its ties to a bankrupt auto parts maker. Alibaba has launched AI smart glasses in China, integrating them with popular apps. Meanwhile, Apple is challenging India's new antitrust penalty law, which could result in hefty fines. In entertainment news, 'Zootopia 2' achieved a record-breaking opening day in China for a Hollywood animated film, raking in $81 million globally.

Join Harvard professor Arthur Brooks, an expert on happiness and family dynamics, and Nicole Johnson, the director of the Butterball Turkey Talk-Line, as they dive into Thanksgiving prep. Arthur shares strategies for maintaining family harmony, emphasizing gratitude and civil discourse at the dinner table. Nicole tackles the most common turkey questions, offering essential tips on thawing, stuffing safety, and making the most of leftovers. Get ready for a holiday filled with joy and culinary success!

Discover key insights into the stock market as Urban Outfitters sees a rise in shares. Meanwhile, HP faces job cuts of 4,000–6,000 due to a disappointing forecast. Deere delivers mixed news with a strong quarter but a dim outlook for 2026. Learn about Medicare's groundbreaking negotiations that have slashed prices for crucial medications like Ozempic, saving billions. Workday's revenue exceeded expectations, yet a lowered margin guidance led to a dip in shares. Tune in for the latest market trends and financial analysis!

Scott Bessent, United States Treasury Secretary and former investor, discusses U.S.-China relations, including soybean trade and the selection of a new Fed Chair. He also highlights affordability and economic policy challenges. Veteran political consultant James Carville urges Democrats to adopt an economic-populist approach, advocating for addressing inequality and affordability issues. Both guests explore how strategic messaging can reshape political landscapes and respond to current economic crises.

Brooke Rollins, United States Secretary of Agriculture, sheds light on the challenges of rising food prices and the impact of tariffs on farmers. She discusses the administration's efforts to support agriculture and improve affordability for consumers. Joining her is celebrated chef Lidia Bastianich, who offers practical cooking tips to navigate food inflation and create community-focused meals this holiday season. Lidia's insights on using seasonal ingredients and her secret balsamic-glazed turkey recipe are not to be missed!

U.S. airlines anticipate a record 31 million travelers on the Sunday after Thanksgiving. In a surprising turn, the Department of Government Efficiency has been dissolved ahead of schedule. Kohl's names Michael Bender as its permanent CEO following a selection process. The FBI is investigating a hack affecting SitusAMC, a key player for real estate lenders. Meanwhile, Eli Lilly becomes the first health care firm to reach a staggering $1 trillion market cap, despite recent trial setbacks.

Hakeem Jeffries, House Minority Leader and strategic voice for Democrats, discusses the impending expiration of ACA tax credits and the urgent need for bipartisan solutions. Meanwhile, Dr. Toby Cosgrove, former CEO of the Cleveland Clinic, sheds light on rising healthcare costs driven by inflation and an aging population. He emphasizes the crucial role of AI in enhancing hospital efficiency and cites prevention strategies, including obesity solutions, as vital for lowering long-term expenses. Together, they explore the complex landscape of healthcare affordability and innovation.

Get ready for a whirlwind of financial news! Netflix, Paramount, and Comcast are in a bidding war for Warner Bros. Discovery. Meanwhile, Nvidia's declining shares are causing market jitters. In the realm of prediction markets, Kalshi just raised a staggering $1 billion. Exciting times for F1 as the CEO of CrowdStrike invests in the Mercedes team. And art lovers, take note: a Frida Kahlo painting just set a new auction record for female artists at $54.7 million!