Following the Labor Department’s disappointing report that only 38,000 jobs were added in May, the Federal Reserve decided on June 15, 2016, they would not raise interest rates. CNBC Squawk Box co-anchor Joe Kernen reacted to the Fed’s decision the following morning. He criticized them for only raising interest rates once in the past nine years.
On CNBC's Squawk Box on Wednesday, Dan Rather somehow thought it was wise to offer criticism of the way the media has covered the 2016 presidential campaign so far. The former CBS anchor, whose career was crippled after the MemoGate scandal in 2004, asserted that there's "too much on the horse race, not enough on the substance of the race."
In spite of expectations that 160,000 jobs or more were added in May, the latest jobs report was a shocker showing just 38,000 job gains last month. CNBC’s Squawk Box panelists reacted live to that surprising Labor Department report on June 3, which showed that employment increased by a mere 38,000, while unemployment fell to 4.7 percent. However, low labor force participation continues to be a major economic problem.
CNBC anchor Joe Kernen tore into the prospect of a socialist president, and knocked young people who he said had a warped view of Bernie Sanders. Kernen’s comments came in response to a report by political correspondent John Harwood on the democratic presidential race. In his report, Harwood featured a poll that had Sanders losing to Clinton by 14 percentage points.
Buffett executive Charlie Munger ridiculed the prospect of Trump and Cruz nominations during a CNBC appearance, by comparing their campaigns to a hopeless charge made during the Crimean War.
His comments came in response to Squawk Box host Becky Quick’s question on May 3, 2016, about his take on the state of the Republican party.
The transgender CEO of United Therapeutics said the company disapproved of North Carolina’s transgender bathroom law, which CNBC’s Andrew Ross Sorkin described as “anti-LGBT.”
Squawk Box host Sorkin asked CEO Martine Rothblatt on April 7, 2016, about the state’s new law restricting transgender access to bathrooms of their choosing. Rothblatt reported that United Therapeutics opposed the law, and expressed confidence that legislation would move in a “progressive direction.”
Squawk Box co-host Joe Kernen took issue with a colleague’s coverage of protests at a recent Donald Trump rally in Tucson, Arizona.
CNBC Chief Washington Correspondent John Harwood reported on March 21, that at that rally a Trump supporter attacked a protester who was wearing a KKK outfit, and Trump campaign manager Corey Lewandowski grabbed a protester by his shirt collar.
A tense exchange on CNBC suggested Joe Kernen might not trust his colleague John Harwood to ask tough questions when interviewing liberals.
Squawk Box co-host Kernen pressed Harwood, CNBC’s chief Washington correspondent, on whether or not he would ask Democratic presidential candidate Hillary Clinton tough questions during an interview.
Despite not openly endorsing or dismissing any presidential candidate, former candidate Jim Gilmore criticized the media for giving free air time to Trump, during an interview on CNBC’s Sqauwk Box.