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June 21, 2024
Lake merritt and the telegraph corridor officers have followed hundreds of protesters and there have been arrests. After 00 in oakland, after 8 00 in oakland, a large group were surrounded at the cafe at telegraph and 29th. The business doors opened and dozens filed inside, leaving only the police and a few protesters outside. We have Live Team Coverage of the millions march protest here at ktvus Debora Villalon is in San Francisco, but let car with cara liu in oakland. Reporter we have seen qui...
June 21, 2024
Ago. I wanted revenge and i wanted retaliation, but i got help and support. I feel for the young people that go to horace mann and that was my school and we never had the situation like that growing up. We had kick ball and soccer and we didnt have to worry about anybody being killed or murdered. I think this leadership here in San Francisco is one that really cares about our city. We have 700 million dollars, you know . We have Development Going up, but while they are going up, our children are...
June 21, 2024
Even the European Central bank. Instead, it was the Swiss National bank stunning currency markets around the world by removing the price ceiling on the swiss bank designed to keep its currency artificially low against the euro. That sent the value of the frank soaring and swiss stocks tumbling. Today, the frank at 1 point up about 20 when it was all said and done against the euro. Now, the defensive move comes ahead of an expected announcement from the Ecbs Mario Draghi next week of a massive eu...
June 21, 2024
Record books. Stocks dived from the getgo. Within minutes the dow was down nearly 200 points. There were fresh worries about slowing growth in china, to be sure, but that wasnt the half of it. What really spooked investors was this the stunning sight of tens of thousands of prodemocracy demonstrators flooding the streets of hong ko kong. Police cracked down hard. Banks and other hong kong businesses shut down for the day. Stocks sold off in asia, then in europe. The demonstrations continued well...
June 21, 2024
Some of the biggest Financial Institutions including jp morgan chase, barkleys the royal bank of sc ubs will pay billions for manipulating the Interest Rate markets, one of the least regulated markets in the financial world and one of the largest, about 5 trillion changes hands every day. The traders from different banks didnt act as rivals but rather they worked together to rig the price of u. S. Dollars and euros in a scheme that went on nearly every day for five years through 2012. Eamon jave...
June 21, 2024
Some of the biggest Financial Institutions including jp morgan chase, barkleys the royal bank of sc ubs will pay billions for manipulating the Interest Rate markets, one of the least regulated markets in the financial world and one of the largest, about 5 trillion changes hands every day. The traders from different banks didnt act as rivals but rather they worked together to rig the price of u. S. Dollars and euros in a scheme that went on nearly every day for five years through 2012. Eamon jave...
June 21, 2024
Datadependent. And todays data were not definitive. Consumer prices measuring everything from rent payments to cost of a new shirt rose 0. 2 in february. Thats the most in four months. It was merely in line with expectations and flat from a year ago. The fed would like to see Price Inflation pick up a bit. What did was the sales of homes last month. Newly built home soared 8 highest level since early 2008. Strong headline number sent shares of Home Builders higher including kb home and lenoir. B...
June 21, 2024
Today, they got it and it was historic. Six world powers and iran announced a preliminary agreement to limit that countrys controversial nuclear program. The deal ends weeks of tense talks and comes a couple of days after the selfimposed deadline. The agreement includes a sha decrease in the number of iran centrifuges. Access to uranium mines. And sanctions. President obama said the deal was a long time coming. I have always insisted that i will do what is necessary to prevent iran from acquirin...
June 21, 2024
Dow a tripledigit gain. The hope is the poor showing on the jobs front would be the reason for the Federal Reserve to delay raising Interest Rates until later in the year. Sentiment also improved when a reading on the Services Sector came in in line with estimates, and still showed growth. And then new york fed president bill dudley said chill, when the fed does raise rates, he said it wont be that bad. The likely task of shortterm Interest Rates after liftoff is as important as the timing of li...
June 21, 2024
Randgold in the first uptick of the day. The complexion is lower. Asia, making levels we havent seen since the year 2000. A couple of individual names. Some deals, Share Buybacks coming through. There is something good in the world when you get a takeover stock that opens up. Rexam, being taken over. The stock finished at 559. 5. Caroline hyde will take you through the details on that. Theres suggestion from the brokers that they may have antitrust issues. Nestle, one of the Biggest Food Compani...