Fed Decision Day, Israel-Iran Conflict, OpenAI CEO: Meta Tried to Poach Staff With $100M Bonuses 6/18/25
Podcast: Squawk on the StreetPublished On: Wed Jun 18 2025
Description: Carl Quintanilla, David Faber and Sara Eisen discussed how markets are bracing for Wednesday's Fed interest rate decision and policy statement, while digesting news surrounding the Israel-Iran Conflict. The anchors reacted to what OpenAI CEO Sam Altman said on a podcast about Meta:He accused Facebook's parent of trying to poach his company's employees by offering them $100 million signing bonuses. Also in focus: Amazon CEO Andy Jassy says AI will reduce the company's workforce, Hasbro job cuts, Nippon Steel-U.S. Steel merger closes, the Senate passes stablecoin legislation. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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