On employment rate remains low at 3. 7 percent. As of june according to the bureau of labor statistics. We just had continued rising as well. With average Hourly Earnings 3. 1 higher in june compared to a year earlier. It is the 11th straight month in which wage growth exceeded 3 . In fact the u. S. Is officially in its longest suspension of Economic Growth since 1854. In order to continue this positive economic trajectory they must continually evaluate their regulatory and super very activity. To ensure broad access to a wide variety of Financial Products and services. With respect to regulation and supervision it has been over a year since the enactment of s2155. The Economic Growth wreck regulatory relief. As you move forward in finalizing certain rules required under s2155 and consider proposing new ones consider you to consider the following. Simplify capital rules for smaller Financial Institutions. While ensuring the maintain significant capital. Simplifying the vocal rule which
Big divergence energy and tech not gore man 1 . Health care down more than 1 . Joins us for the full hour jay jacobs good afternoon to you. Thanks for joining us. Whats your takes on the diversity of trade today micron kind of a bellwether . Yeah, what we are seeing in the semispace is a comeback from noo. Whats the best way to play that there have been some hopes what we like the most are Pipeline Companies they dont get paid on the pril of oil, but how much oil is transported through the system its becoming one of the Biggest Oil Producers in the world lets get to all of the stories. Bob pisani is here, jon fortt is covering microns big jump saryers has earnings from generl mills. Bob . Its about oil and Interest Rates. We had a strong drawdown in crude inventories, one of the best we have seen in many years. Thats driving oil prices up, Energy Stocks, including all the biggs production names are up. All the big refiners like marathon and valero also to the up side. The other big sto
Risk per file in the market, and were not seeing any indication for the moment of worsening in our cost of risk. They post 2. 8 billion, doubling its profit as they tell cnbc euros banks have weathered the storm. If you look its basically the same for the large banks, whereas in europe its for all central banks, and that is why theres absolutely no Systemic Risk in europe european leaders give a lesson as chipmaker inindivinindividual i ion starts construction. Nvidion says they mortgage stauft. We must reduce and invest into our deem because the Semiconductor Industry doesnt stand still. And there are fears amid the First Republic Bank Collapse and the fed looks at a tenth and final hike hi, there, everybody, a warm welcome to street signs. This morning were off to a strong start in terms of equity trade. The stoxx 600 is rebounding about 0. 5 , not enough to make up for the losses we saw yesterday, but a decent start nevertheless yesterday the main benchmark dropped 1. 2 , the worst
Earnings and plans to fail to win over investors. And now the market is getting green on the board capping a difficult week in the middle of earnings season. Wall street braces for the difficult open as the nasdaq continues to drop deeper into correction territory. Ad sales surge at amazon sales nearly triple sending shares 5 higher after hours andy jassy said he is excited about the deals ahead. The company that moves slowly in an uncertain economy in 2023. We are seeing the pace of deals pick up in the strong last couple months and new deal signings happy friday julianna and myself are happy to see you all. Lets get to the markets and what is interesting about what is going on today is although at the surface, are yoyou are seeia lot of green ftse 100 is trading in the green on the last trading day of the week dax is marginal as well. There is a lot happening beneath the surface. Large, large movers today. Lets get straight to that we are going to start taking a look at nat west nat
Crown prince discussed ways from prevent the war from escalating as the you and a best of demands secretarygeneral resign for saying the october 7 attack did not happen in a vacuum. Microsoft jumping in late u. S. Trading after the cloud unit is worth picks up steam. Rival alphabet sinking as they are offering lags. Bank earnings continued rollout. Deutsche bank meeting estimates where they spent finish pumping santander some better than expected thirdquarter net income. We will speak exclusively to the cfo later this hour. I want to get a recap on the numbers which is important when we look at Deutsche Bank. We are seeing estimates and they are kind of being met but you are not seeing much outperformance. This is stark contrast to what you saw with unicredit but thirdquarter net revenue is 7. 1 3 billion in the estimate was 7. 1 one billion. Pretax profit is 1. 7 billion euros. The estimate was 1. 6 billion. There 2023 Net Litigation charges are exceeding their 2022 levels as well. I