The Harris Economy, DNC Night 3 and Peloton’s Pickup 08/22/24

The third night of the Democratic National Convention in Chicago featured speeches from Minnesota Governor Tim Walz, former President Bill Clinton, Oprah Winfrey, Mindy Kaling, plus performances from Stevie Wonder and John Legend. Megan Cassella recaps the energetic evening on the ground in Chicago. Kamala Harris’ former chief economic advisor Mike Pyle discusses the campaign’s policy specifics so far, including corporate tax rates and a price gouging crackdown. CNBC’s Robert Frank breaks down Vice President Harris’ plans for taxing capital gains and unrealized gains. Plus, Peloton is still spinning along despite a slowdown in demand, Disney is searching for a Bob Iger successor, and Microsoft’s controversial AI Recall feature is coming soon to testers. Megan Cassella 19:17 Mike Pyle 22:46 Robert Frank In this episode: Megan Cassella, @mmcassella Robert Frank, @robtfrank Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie