The Feds Taper Timeline, Teslas Autopilot System Under Investigation, Crypto Market Back Above $2 Trillion

Published: Aug. 16, 2021, 2:54 p.m.

b'Carl Quintanilla and Jim Cramer began with a closer look at the Fed, as the group\\u2019s open market committee looks to be coalescing around a plan to announce it will taper its asset purchases in September and begin reducing them a month or so after. Following the market discussion, CNBC Correspondent Dan Murphy joined for a live report on the ongoing situation in Afghanistan, including a look at the chaotic scenes at the Kabul airport. The anchors also discussed Tesla shares sliding after the National Highway Traffic Safety Administration opened a formal investigation into the company\\u2019s autopilot system. CNBC\\u2019s auto and airline industry reporter Phil LeBeau broke down the latest details. Also in focus: Bitcoin is back to its highest level since May, Intel\\u2019s Pat Gelsinger pushes for billions in government subsidies to build more chip plants, and T-Mobile investigates claims of a data breach that involves the personal data of over 100 million users.'