Former Goldman Sachs CEO Lloyd Blankfein remembers 9/11 on the 25th anniversary today. Then, we discuss what&#x27;s driving diesel prices to record highs. Plus, we speak to Former OpenAI Researcher Daniel Kokotajlo as concerns around AI ramp up this week.<br>Squawk on the Street Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

11AM Hour: Former Goldman Sachs CEO Lloyd Blankfein, AI Concerns Ramp Up & Diesel Prices at Record Highs 9/11/26

Squawk on the Street

[SPEAKER_05] Good Friday morning. Welcome back to Squawk on the Street. I'm Sarah Eisen with Carl Quintanilla, live from Post 9 of the New York Stock Exchange. Today, a pretty somber morning here in Lower Manhattan as we reflect on this 25th anniversary of the September 11th terror attacks. We'll be joined by former Goldman Sachs CEO Lloyd Blankfein in just a moment here at Post 9.

[SPEAKER_04] Growing AI safety fears as more researchers now warn of rising and imminent risks, including the threat to humanity itself. We're joined by one former OpenAI employee who says, quote, AIs are eventually going to be in charge of our planet.

[SPEAKER_05] And elevated inflation keeping pressure on Fed Chairman Walsh to raise interest rates next week. We'll explore what today's CPI actually means for investor expectations.

[SPEAKER_04] Meantime, some strength in tech and actually pretty broad strength. Only sectors that are lower are energy, maybe some health care names. Relief you can see there out of Treasuries as we got to 498 overnight and Brent got to 110 but it settled back to just below 105. Let's begin with this morning's CPI data. Our Steve Leesman has a look at some of the internals and some of the second looks at Supercore, things like that. Morning, Steve.

[SPEAKER_00] Yeah, good morning, Carl. August inflation coming in just hot enough in the view of the market and most economists that I'm reading this morning to tip the balance in favor of a rate hike from the Fed at the meeting next week. Headline coming in 0.4 had been 0.1. That's not the problem. 3 or 4 year over year remaining there. It's the 0.3, which, by the way, rounds up from 0.26.

11AM Hour: Former Goldman Sachs CEO Lloyd Blankfein, AI Concerns Ramp Up & Diesel Prices at Record Highs 9/11/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

11AM Hour: Former Goldman Sachs CEO Lloyd Blankfein, AI Concerns Ramp Up & Diesel Prices at Record Highs 9/11/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.