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June 20, 2024
White house correspondent Julianna Goldman joins us now. How worried are the Insurance Companies about the numbers of those signing up today . Insurers are concerned. They are concerned about instability and consumer confusion. Aroundte house has said one Million People have enrolled in the federal or state exchange, but they originally hoped for 3. 3 Million People in by the end of the year. They are falling short of the deadline. They have not released the demographic data. The concern is whil...
June 20, 2024
Four percent from february. Out. R and conagra will be also, nike. Today is the beginning of march madness. President obama will make remarks on the economy at 2 00. It has been a long winter. It is on the edge of warmth. I would not rule out that it is over yet. The groundhog did see his shadow. Easter is april 20. That is a long way. Lets do a data check. We saw Market Reaction yesterday. The yield goes up. It balloons. He euro dollar is 1. 39 crashed as yet no went weaker as well. I want to g...
June 20, 2024
It looks like were looking at a lower open for the dow. As for the action in europe, really, the action focuses on italy where theres an impending political regime change. More on that in just a moment. The road map starts at the golden arches. Mcdonalds blowing out expectations for november sales after the dismal drop in the month of october. Hoping to fuel the rise, the bacon onion cheddar sandwich. Theres one thing for certain, taxes on top earners are going up. Turmoil in italy. Berlusconi t...
June 20, 2024
Yesterday late in the day we got another famous tweet from mr. Icahn saying he had written a new letter to apple. Weve heard some of the contents of that letter, which apparently is about to be made public, if it hasnt been already. Theres the tweet were referring to. The specifics that havent been shared completely as of yet or perhaps are just in the process of being shared is that mr. Icahn wants to tender immediately, buy apple for 150 billion worth of its shares. Its choking up jim over her...
June 20, 2024
For the currency. We have seen a number of effects on the u. S. Dollar, the japanese yen, etc. , but were compensating in our numbers. And cleaning up the mess. Jpmorgans close to a deal to settle u. S. Related problems. The bank could still face more legal woes. The edf is going to clean up the fukushima plant in japan. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Hello. Warm welcome to the start of Worldwide Exchange for the week. Plenty to get ...
June 20, 2024
Red across the board on some weak u. K. Cpi. Respectively sitting at or around new highs, the nikkei logging its best gain in two months. Apple puts ice new ipad retina on the market. And walmart steps up the competition. Another record close for the dow. The s p finishing just a fraction high of the alltime high. The nikkei closes at a high. And up say, jim, the dips are bought again and again and they are. A lot of times its just the intra day dip. Something might happen, a piece of data comes...
June 20, 2024
Weve been in a very tight trading range pretty much all day long. All right, sue. Lets talk a little bit more about what we might expect. As we get prepared for this press conference. You know, the market is going to be i think dissecting almost every word at the News Conference. I think the News Conference is where most of the news if there is news made will be made, ty, because theyre going to be parsing her language, her body language, and Steve Liesman is going to be there. And hes probably ...
June 20, 2024
Connell well other states now fall after michigan. Dagen the president of stubhub is here to talk all about it. Connell first, lets get to the floor of the new york stock exchange. Nicole 1. 2 billion share repurchase. They are buying back shares from the estate of a longtime shareholder. Here is a look at stocks this morning. Very busy. It was halted for news. There is the stock right now. Almost 134,000 a share. Of almost 2. 5 . Lets take a look at the Broader Market average. The dow is up fiv...
June 20, 2024
Of Asset Management. I spoke to the head of the behavioral economists. It has been exciting to you. People will no longer be racing to be firsttime buyers anymore. We know this has been going on for many years now. Why do people Pay Attention to this . Biggestave some of the Financial Gurus in the market here speaking. People have been up in the markets. Longterm equity guys are struggling. 19th annual. Is dollarsay thousands of to get an understanding of what the year will apply the head. Earli...
June 20, 2024
And mortgage apps. Keep your eye on gold if youre looking for clues about the fed. We did dip below 1,300 this morning. Just hours away, is the taper finally upon us . Well break down what it means for the markets. And the reviews are in. Words such as gorgeous and game changer being used for apples new operating system and the new verse of the iphone. But will it help the stock . Fedex beating expectations. Up more than 3 in premarket trading. And starbucks asking customers to please leave your...