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June 22, 2024
Service the need for bay area residents to get relief from these soaring temperatures. The marine kelly brave the hot weather of clintons today where she found people trying their vesicle downfall. No short reporter a job cars pulling into loss carry drivein downtown pleasanton. Overheated people roldan for icecream cones or repair freezes. People looking for the opposite of indoors came to share a cliff regional recreation area. Reporter mother took her kids to school to get some relief letting...
June 21, 2024
Of the senate with Mitch Mcconnell as the majority leader. Vice president joe bidens swearingin new members. Can they work with president obama . We have to assume it is going to be better. Divided government usually yields better results. We hope that today will be the start of getting things done actually getting bills passed and budgets passed and doing the work of congress the way it should be. Meanwhile, john boehner is suspected to win reelection as speaker of the house, but some republica...
June 21, 2024
Expected. A bit of a poll back from where we were in the service industries. 56. 2. The thing you want to see is growth in new orders. They are still strong. Not where they were. They had grown to 55. 4. For fridays jobs report, an encouraging sign. It looks like the Manufacturing Sector is holding. The Service Industry sector is holding. The was economy is a bright spot in the world. The u. S. Economy is a bright spot in the world. Glitzy of this somewhat positive news helped the market find so...
June 21, 2024
Over 47, brent crude below 49. Goldman sachs says oil has two state lower for longer. That is the way the market will be rebalance. Gas prices have fallen . 27 a gallon. The average price of a gallon of regular gas is 2. 20. It has fallen below 2 a gallon in 17 states. A breakthrough in finding out what happened to the air asia plane. One of the black box recorders that may tell what happened in the final moments before the plane crashed two weeks ago. The black box is composed of 2 parts, a fli...
June 21, 2024
March of 2011. We start off much like europe with weaker than expected pmis. Will that paint the first big data picture and supply information for the rest of the year . Im not sure. We just breached that big settlement from october 15th at 2. 14. The 10 year at 2. 13 bund getting closer to 40 basis point handle. Unbelievable the money into bonds. Lets bring in david rosenberg. Anything to worry about there with the miss in manufacturing . Its still a pretty strong number. Well its a diffusion i...
June 21, 2024
1. 97. Our road map begins with a rally in the markets. Coming off a volatile day. Futures in the green. Adp numbers higher than expected as well. Jcpenney is feeling the holiday cheer. The stock is up nearly 20 in the premarket. Bill ackman is still unimpressed. The shooting at a paris office of a satirical magazine has left 12 dead. Well continue to bring you developments on that. First up, futures up sharply as the s p and nasdaq look to snap fiveday losing st the s p is in the midst of its s...
June 21, 2024
Turned out to be a boom for traders at j. P. Morgan chase. The foreignexchange traders made about 300 million on the day of that. Citigroup, barclays and Deutsche Bank all took it on the chin to a tune of about 400 million in combined trading losses. At t says sales grew 4 in the Fourth Quarter, but somebody reported a loss of 4 billion due to underfunding its pension. They added subscribers as discounts lured. We will have more on at t and its plans to expand in mexico later in the show. Google...
June 21, 2024
Well look at it now down well over 100 points and then down 20 points now were down 49 points. With whiplash there. Now look at Interest Rates. That is the key barometer, yield 2. 26 now. Couple of hours ago it was 2. 34 that is a huge spike and then decline. Scott was in chicago and hes going to tell us what is going on. Scott couple of weeks ago that tenure treasury yielded 10. 7 but now 2. 26 why the spike . Back to good friday that bad number on that day. Market, cash markets were closed but...
June 21, 2024
Revenue little changed at 12 billion while profit rose slightly to 2 billion. The ceo says Revenue Growth in the Data Center Chips and the internet of things helped offset slumping demand of pcs. Shares are up in afterhours trading. President obama is going to drop cuba from the list of nations that sponsor terrorism. The president notified congress about the move today. It had been a Sticking Point as the u. S. And cuba try to normalize relations. It comes just days after obama met with cuban p...
June 21, 2024
Slapped them with an antitrust complaint. The eu began investigating Google Search practices. After competitors complain. Google started to settle, three times to no avail. The eu has filed specifically the eu claims google favors its Shopping Service over that of its rivals, for instance, when you search for an item like a laptop, google shopping results show up and are prominently displayed. Leading the charge is a top danish competition. It is of course limited and is also the first place whe...