{"podcast":{"title":"The Exchange","slug":"the-exchange-431205","podcast_index_feed_id":431205,"rss_url":"https://feeds.simplecast.com/tc4zxWgX","website_url":"https://www.cnbc.com","image_url":"https://image.simplecastcdn.com/images/92728f12-3d53-46b8-9a33-60e9b83ad72d/a328dbf8-27d3-4955-8ebd-307b358d9f62/3000x3000/the-exchange-podcast-cover-art-3000x3000-v04.jpg?aid=rss_feed","author":"CNBC","episode_count":1758,"summary":"\"The Exchange\" on CNBC is a one-stop shop for the day's top business stories, along with breaking news and the must-see market movers heading into the back half of the trading day. This newsroom-based program also features lots of original reporting, in-depth conversations and showcases CNBC's award-winning investigative work.","last_synced_at":"2026-07-30T08:18:26.108968+00:00","page_url":"https://stenobird.com/podcast/the-exchange-431205"},"episode":{"title":"Kevin Warsh Testifies, IBM’s Warning, and the Incredible Shrinking AI Model 7/14/26","slug":"kevin-warsh-testifies-ibm-s-warning-and-the-incredible-shrinking-ai-model-7-14-26","published_at":"2026-07-14T18:44:36+00:00","page_url":"https://stenobird.com/podcast/the-exchange-431205/kevin-warsh-testifies-ibm-s-warning-and-the-incredible-shrinking-ai-model-7-14-26","show_page_url":"https://stenobird.com/podcast/the-exchange-431205","url":"https://www.cnbc.com","audio_url":"https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/6238655f-ae42-419d-a14c-edccbf577d8e/episodes/76ab7e86-21ca-493f-b818-5bdaa593ef88/audio/128/default.mp3?aid=rss_feed&awCollectionId=6238655f-ae42-419d-a14c-edccbf577d8e&awEpisodeId=76ab7e86-21ca-493f-b818-5bdaa593ef88&feed=tc4zxWgX","summary":"Fed chair Kevin Warsh says inflation is a choice in his first Monetary Policy Report testimony on Capitol Hill. IBM shares have their worst day since October 1987 after the company pre-announces disappointing Q2 earnings, with CEO Arvind Krishna saying “this quarter we faltered.” Plus, CNBC’s exclusive look at the AI model small enough to run directly on an iPhone.","meta_description":"Fed chair Kevin Warsh says inflation is a choice in his first Monetary Policy Report testimony on Capitol Hill. IBM shares have their worst day since Octo…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2566,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-exchange-431205/episodes/kevin-warsh-testifies-ibm-s-warning-and-the-incredible-shrinking-ai-model-7-14-26/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-exchange-431205/kevin-warsh-testifies-ibm-s-warning-and-the-incredible-shrinking-ai-model-7-14-26.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}