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June 24, 2024
Pcrashed and caught fire. Pthere. Pits unclear how many people pwere on board that plane or if pit was taking off or landing. Pa caller into our newsroom saw phe saw fireball at the end of pthe runway. Pthe fire has been put out as you psee. Pbut again pretty devastating pcrash were working on getting pmore details from authorities as psoon as we get more information pwe will bring it to you. P well today the community psalutes a fallen hero. PHillsborough County deputy who plost his life protec...
June 23, 2024
Worst week in ten. Draghis comments dont add anything new. Rolls royce has a warning. Oil back below 44. Copper to a new sixyear low. Macys sending shockwaves through retail. Its not all brands. A big beat this morning from kohls. Well have an exclusive with john malone in a moment and apple reportedly diving further into payments. Pay pal and Google Wallet may be on notice today. First up, kohls up sharply on better than expected quarterly results. Comps up 1 . Retailers citing strong backtosch...
June 23, 2024
Could the major averages end 2015 with double digit gains . Yes, you heard me. Five weeks into the deadline, confusion and delays in switching over to the new chip credit cards creating a golden opportunity for hackers. They are preying. How safe are you. Maybe you should be praying. And is money that is being september by the Federal Reserve and treasury to iraq ending up in hands of terrorists or iranians . First lets check in with with sara. Good afternoon. We start with a stock market in a r...
June 23, 2024
Bank of america and wells fargo beat, jpmorgan falls short. Results from delta and intel. Both coming ahead of consensus. And the read on retail sales slightly below expect tatioexpet Doug Mcmillan giving a rosier assessment. Bank of america had good Third Quarter results. Wells fargo had a beat as well. Its loans helping to lift profits. And jpmorgan missing with its quarterly results. Jamie dimon spoke about his banks expenses on last nights Conference Call. I spoke my whole life on good expen...
June 23, 2024
Decided not to raise Interest Rates. In part because of a slowdown in china and heightened volatility around the world. The Dow Jones Industrial average fell 290 points to 16,384. The nasdaq dropped 66. The s p 500 sank 32. For the week the dow and the s p closed lower. The nasdaq was higher, posting its first backtoback weekly gains since may. But there was Something Else that the Federal Reserve said yesterday that could be cause for concern over the longer term. Steve liesman explains. Report...
June 23, 2024
Integrity problems to where do things stand for the future of the bridge. But first a quick check of your forecast this morning. Heres a live the shot of the bay bridge. Temperatures quite a spread from high 40s to low 60s. 61 for livermore. 49 in santa rosa. Patchy drizzle, slightly cooler day today. Chance of rain later in the workweek. First our top story this morning, one man dead, another injured when someone shot the pair in a livermore parking lot. And the shooter is still out in. It happ...
June 23, 2024
Decided not to raise Interest Rates. In part because of a slowdown in china and heightened volatility around the world. The Dow Jones Industrial average fell 290 points to 16,384. The nasdaq dropped 66. The s p 500 sank 32. For the week the dow and the s p closed lower. The nasdaq was higher, posting its first backtoback weekly gains since may. But there was Something Else that the Federal Reserve said yesterday that could be cause for concern over the longer term. Steve liesman explains. Report...
June 23, 2024
Decided not to raise Interest Rates. In part because of a slowdown in china and heightened volatility around the world. The Dow Jones Industrial average fell 290 points to 16,384. The nasdaq dropped 66. The s p 500 sank 32. For the week the dow and the s p closed lower. The nasdaq was higher, posting its first backtoback weekly gains since may. But there was Something Else that the Federal Reserve said yesterday that could be cause for concern over the longer term. Steve liesman explains. Report...
June 23, 2024
We have been conditioned to believe that good news is bad news because it might make the fed raise rates. Now though when the fed has finally declared its going to raise rates we regard this strong jobs number as a sign that things are good enough for the fed to tighten so bring it on. Dow roaring 370 points. Just higher all day. S p rocketing 2. 5 . Nasdaq 208 . Is it correct . Theres a lot of weakness in the u. S. Manufacturing economy but thats now less than 10 so maybe it doesnt matter that ...
June 23, 2024
Percent. Then nasdaq fairing the least worst of the bunch. Almost flat. This is commodities take investors on a wild ride today. Dominik chu has all the details on what has been a volatile ride for crude, copper, and commodities. Its playing out elsewhere in the markets as well. The stock market will focus there to get things going. You can see health care, the only sector thats positive so far. The intraday chart, you can see ups and downs. Were off the lows, the worst levels today. Focus on th...