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July 16, 2024
Are slowing down, the Manufacturing Sector in this Country Contracting a little bit. To the wall street journals Jillian Melchior who follows this very closely. Our own susan li as well. Susan, one thing surprised folks with the china data, this was not something to be expected and were seeing more and more data like that, less ominous than thought. Now stronger than thought. Reflation as well in the month of august. I love to remind people that china is no longer just a manufacturing hub. Servi...
July 16, 2024
Three categories. Despite tariffs and trade uncertainty business is still optimistic about the outlook. Not a whole lot of evidence of inflation in this report, which is interesting in light what we see of feds inflation page. In new york, manufacturers say input prices at a moderate pace. Selling prices flattened out. Reports of impact of pricing as it relates to tariffs were a bit mixed. Respondents feel like it will take a couple month to shake out to see the evidence there. Now i should note...
July 16, 2024
Hurricane dorian continues to battle the east coast, we have update in North Carolina after storm made landfall only a few hours ago, all that and so much more on making money. Charles Federal Reserve chairman Jarome Powell speaking ongoing tensions with china, last time we will hear from fed officials before that september policy meeting, right now the betting is that they will cut at least 25 basis points. I want to go to fox business Edward Lawrence who joins us now with complete recap from t...
July 16, 2024
I guess investors liked what they saw the dow is going to be up what maybe 80 points after whopping great gang in last two days same story with the s p up about a third of one percent. The nasdaq is going to be up a quarter of one percent. As of now by the way all three within a breath all time record highs. The political news of the day, my opinion good news for democrats howard shuttle starbucks billionaire will not run for the presidency so antitrump volt will not be split and it will be a st...
July 16, 2024
So you only pay for what you need. Thats whats happening. We should also tell you about its a different kind of Wireless Network hong kong, which is also affecting the trade fight. Designed to save you money. Save up to 400 a year on your wireless bill. Saturday, widespread violence, police used a new weapon, blue plus get 250 back when you buy a new samsung note. Dye, to identify protesters click, call or visit a store today. Along with tear gas from the riot police and burning barricades from ...
July 16, 2024
Its a prolonged one. Markets are down across the deirdre yo, thank you for your board. Insight. Youve been covering hurricanes between the u. S. China trade war for a long time, joe bastardi. And disappointing manufacturing report. Tariffs on 112 billion on thank you. Deirdre hurricaneforce winds will be getting dangerously close to the coast today through chinese goods take aeffect on tomorrow night. Officials are urging people to stay off the beaches, obviously monday. Due to possible storm su...
July 16, 2024
Gerri willis on the floor of the new york stock exchange. Hillary vaughn is in d. C. With the latest on trade. Blake burman is live at the white house. Hillary, first to you. Reporter melissa, the u. S. And china still have not set a date for what is supposed to be a refresh on trade negotiations that are scheduled for sometime this month. Even the president insists that the negotiations are going well, there have been a few hiccups in their communication between the two countries. First the pre...
July 16, 2024
China they have agreed to return to the negotiating table next month in washington. That news has the market pointing up. Will there be a breakthrough to end the stalemate . Edward lawrence live at the white house with the very latest. Reporter reading the crystal ball, the last phone call was 23 days ago. They said they would set a meeting between the primary level, that timeline a little bit delayed. The call happened thursday nine cheese time. On the call it set a meeting for early october. L...
July 16, 2024
Make landfall tonight or tomorrow. 250,000 people are currently without power in South Carolina as charleston braces for a possible 10foot storm surge. Can you imagine if governor of North Carolina is expected to make comments about the impact of dorian. Well keep you updated on the storms path throughout the hour. Connell then there is President Trump, expected to speak any moment from now at the white house. A event awarding the president ial medal of freedom to the basketball halloffamer, jer...
July 16, 2024
Like it or not, we are big spenders and big borrowers, too. Now look at this. Boris johnson is the new Prime Minister of great britain. In a gracious victory speech, he said he would complete brexit, unite the country and beat the socialist jeremy corbyn. Hes the first to admit he has an uphill struggle but hes got a sense of humor and reminds me very much of donald trump. More on boris coming up for you. Look at this. Stocks going up again this morning. A series of Solid Earnings reports are cl...