"Sticky" Inflation, Ford's Europe Job Cuts and EV Ramp-up, Marriott CEO on Earnings and Travel Demand 2/14/23

"Sticky" Inflation, Ford's Europe Job Cuts and EV Ramp-up, Marriott CEO on Earnings and Travel Demand 2/14/23

  • Af
  • Afsnit
    • 994
  • Udgivet
    • 14. feb. 2023
  • Forlag
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Afsnit
994 of 1998
Længde
43M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

With inflation in the spotlight, Carl Quintanilla, David Faber and Mike Santoli explored what to make of the January Consumer Price Index cooling year-over-year for a seventh consecutive month, the six-month Treasury bill spiking above 5% and what it all means for the markets and the Fed. The anchors reacted to Goldman Sachs CEO David Solomon's comments to a Credit Suisse forum: He described inflation as"sticky." Marriott International CEO Tony Capuano joined the program to discuss the hotel giant's quarterly results and outlookas it sees strong travel demand. Also in focus: Ford cuts 3,800 jobs in Europe as it pivots to electric vehicle production, Tesla changes prices on certain U.S. models and Palantir posts its first-ever quarterly profit.

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