Squawk Pod Shutdown, Startup and Peace in Gaza 10/10/25
Oct 10, 2025
Congressman Mike Lawler reveals his clash with House Minority Leader Hakeem Jeffries over extending Affordable Care Act tax credits amid the government shutdown. He argues this extension is crucial to prevent premium spikes. Meanwhile, Tade Oyerinde, founder of Campus, shares insights on their acquisition of Sizzle, highlighting the synergy of AI and human coaches to enhance student support and boost graduation rates. Oyerinde emphasizes the importance of personalized learning paths in the fight against rising student debt.
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Middle East Ceasefire Announced
- Israel approved the first part of a Gaza peace plan and a ceasefire took effect, with President Trump planning to attend a signing in Egypt.
- The plan includes phased Israeli withdrawal and prisoner releases, though implementation questions remain.
Partial BLS Recall For CPI
- The Bureau of Labor Statistics is recalling some furloughed staff to prepare the September CPI report during the shutdown.
- That CPI release could influence the Fed's October interest-rate decision and Social Security COLA.
China Tightens Chip Inspections
- China has stepped up customs checks on semiconductor imports to enforce guidance limiting certain NVIDIA chips.
- The move signals either confidence in domestic chips or pressure on the U.S. to relax export controls.