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BBCNEWS World Business Report June 4, 2024 05:39:00

Foreign direct projects, is a number of capital investment increasing, it emerges and acquisitions increasing overall? i can point to you to companies doing really well and those who are not. rolls—royce will be able to compete and come out of this. companies go through cyclical troughs and peaks. it mightjust be that rolls—royce need to have internal management changes to ensure that competitive. it is not necessarily always the government doing something ross. it is a private enterprise.- ...
Capital Investment Rolls Royce Cross Royce Enterprise Ross Bossj Enterprise The Us

MSNBC All In With Chris Hayes June 4, 2024 08:54:00

>> big tech firms continue the recent string of layoffs, amazon announcing it is going to cut 18,000 workers. >> facebook parent company meta slashed its reports by 11,000 jobs, or about 13% of its staff. >> rough earnings day, manufacturing giant missed on profit -- slash 2500 jobs, layoffs are expanding beyond big tech. >> if youve been watching the news over the past few weeks, he might get the sense the u.s. is hemorrhaging jobs, high-profile companies from amazon to meadow, to goldman sachs...
Podcast Big Tech Firms Layoff Thousands Big Tech Goldman Sachs Nbc Universal Commerce Department

KNTV NBC Nightly News With Lester Holt June 4, 2024 00:22:00

Helping to drive an annual gdp rate of 2.9%, better than expected. more good news. lower than expected weekly jobless claims. the unemployment rate remains at a 50-year low. the economy is slowing. >> i think we are living in two worlds. the world of the present, which has pretty strong economic growth right now. we are living in the future, which is a future of a really lackluster, lame forecast of a stalling economy. >> reporter: in virginia today, president biden was highlighting the good new...
Unemployment Rate Gdp Rate 2 9 Stalling Economy Hiking Interest Rates Virginia Today

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MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:31:00

Coast, 2:30 a.m. out west. and president biden delivered remarks on the state of the economy yesterday announcing that the u.s. is in a stronger position than most expected. his comments came just hours after the news that the gdp rose 2.9% in the fourth quarter of 2022. during a union event in springfield, virginia biden announced the invest in america cabinet will be charged with ensuring that his economic plan is generating private sector investment and continues to drive economic progress. b...
U S East Coast Out West Invest In America Cabinet Union Event 2022 During

CNN CNN Newsroom Live June 4, 2024 09:11:00

Rapid recovery from the post pandemic time line, a rather resilient economy up to this point, theyve made clear not only will that continue, it is one heck of a political message, one the president rolled out. >> economic growth is up stronger than experts expect at 2.9% growing. jobs. jobs are the highest number in american history and wages are up and theyre growing faster than inflation and i dont think its unfair to say that this is all evidence that the biden economic plan because of yall i...
Time Line 2 9 Technology Side Ee Con May

CNN Early Start With Christine Romans June 4, 2024 10:48:00

Sales suffered during what it called a challenging holiday season. more on how other retailers are doing at the moment. looking at markets around the world to close out the week, asian markets closed up. china is closed for the lunar new year. wall street, stock index futures barely moving here but leaning lower after gains thursday. gdp grew stronger than expected 2.9%. you can see thats slowing from the second quarter but clearly recovering from a stall in the first half of the year. despite...
Holiday Season Wall Street Stock Index Futures Job Market Daily News 2 9

MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:41:00

0.1% for december. and that figure is very interesting because it may be lower than some are projecting because a lot of other elements like retail sales which came out negative 1% do point to weakness in consumers. so if that is the case, you could see a weakening of the economy. maybe now is the time that were beginning to see consumers stutter a little bit following all the hikes by the fed. >> so the governments first reading of the gdp which measures the economy shows that it grew at 2.9% l...
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