Squawk on the Street
CPI/Inflation Watch, Albertsons Terminates Kroger Merger, GE Vernova and Southwest CEOs 12/11/24
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Show notes
Carl Quintanilla, Jim Cramer and David Faber explored market reaction to November CPI ahead of next week's Fed decision on interest rates.
Albertsons called off its planned merger with Kroger and filed suit against the company for breach of contract, after federal and state judges blocked
their deal. A CEO doubleheader at Post 9: GE Vernova's Scott Strazik discussed his company's outlook after seeing shares skyrocket since April, when it was spun off by
General Electric. Southwest's Bob Jordan spoke about everything from the airline's 2025 outlook to board changes sparked by activism.
Also in focus: President-elect Trump picks Andrew Ferguson to chair the FTC, Walgreens reportedly in talks to be taken private, Nasdaq's march toward 20,000.
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