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June 21, 2024
Ecb president. He suggests the eurozone economy is likely to remain stagnant and the central bank stands ready to act. T speaking of Central Banks, here at home, the fed is launching a review of how it oversees the major banks. The review comes after a series of critical reports. The fed is asking its Inspector General to help with the probe. Andrew. Weve got stocks to watch this morning. A lot of stuff moving. Gamestop earnings and revenue falling well short of estimates. The company blaming th...
June 21, 2024
Begins right now. Good morning again, everybody. Welcome back to squawk box here on cnbc first in business worldwide. Im becky quick with brian sullivan. Joe and andrew are off today. General motors have announced new recalls with an ignition lock. The number is a relatively small 83,000 vehicles. But it comes after their record year of recalls in 2014. Elon musk and his wife are divorcing for a second time. They first married in 2010. They divorced in 2012 and remarried in 2013. And a total of ...
June 21, 2024
Im Bill Griffeth getting ready for tonights edition of nightly business report. Well see you later on pbs. Right now were on all time high watch again, kelly. The dow trying to close at a record for a second straight day as well as its four day win streak. Since early february we havent had one of those. Plus the s p is also trying to close at unchartered territory. Struggling a bit right now. But it has been helped out earlier by the financials and health care sectors. Coming up well hear from ...
June 20, 2024
Before the u. S. Economy goes over the fiscal cliff, lawmakers are pointing fingers and playing the blame game. Mario monti is saying hes available to lead italy. Hell run for office in the upcoming election, but only for a party willing to push his agenda. But he has competition in the form of Sylvia Berlusconi. He tells cnbc he feels a responsibility to run. Feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. And the cro...
June 20, 2024
Ecb holds rates steady saying the risk of deflation have not decreased. The markets set to edge lower after a jump in claims. Plus, more trouble for citigroup as u. S. Authorities open a criminal inquiry into the banks mexican unit, so should you be worried about the companys stock price . A long legal battle starting up between tesla and the state of new jersey, well tell you how the hek carmaker is fighting back against the garden state. A lot for the markets to digest ahead of the jobs friday...
June 19, 2024
The sheriff said last night that there has been a group of vigilantes he calls a militia that have been armed and patrolling the streets for days, though the sheriff isnt saying if there is a connection here. A lot of questions. Protests in kenosha have been happening since sunday after police shot jacob blake at least seven times in the back. Wisconsins governor has declared a state of emergency and has called in 250 members of the National Guard to assist. The county is asking for 1500. The bi...
June 19, 2024
Clinton after three people are shot during a robbery attempt involving an armored truck. I was walking up high street and all i heard was 20 bullets. Fired and they were going everywhere. Obviously gun violence is impacting us across our city, and this week has not been one that has been kind to this city. One person was killed , two others wounded, including a brinks Security Guard and an innocent bystander. Good evening. Im Cristina Rendon alex savage. Todays violence follows a week of deadly ...
June 19, 2024
For what the trading range is. Bigger picture, we never broke that downtrend from the january peak and the rally off the lows got a lot of credence to it. This is where the trenches are dug between the bulls and the bears here, right around these levels now, take a look at highyield debt part of the message from jay powell seemed intended and making sure that Financial Conditions dont get too loose, the markets dont get too generous in financing risk heres the highyield bond etf right here what ...
June 19, 2024
Today, all those typical things that usually happen when the stockmarket starts to sell sell off whachl i am struck by is you are starting to see what you would call a normal kind of reaction to some of these markets as stocks move lower here. Well, at the end of the day, its the consume were. Walmart has told us the consumer is not as strong as many thought. Cisco is telling us the Business Climate is not as strong as many of us thought. So this Market Selling off here on the idea that the econ...
June 19, 2024
You dont want to miss this last hour of trading here and see whether we can finish positive or negative. The dow is up 28 points. The s p 500 adding just about a point, the nasdaq is barely above the 4,000 mark. A lot will come down. Given the redemption numbers weve been hearing, a lot will come down to what we here in the next session. This would be you. All right. Have you heard many youve heard many warnings about bitcoins. An alarm bell is being sounded about the Digital Currency. A Cashles...