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RT Boom Bust July 13, 2024

Currently there are more than 2600000 a confirmed cases of the coronavirus globally the death toll stands at more than 187000 it continues to ravage global economies numbers are in for u. S. Unemployment from last week where another 4400000 people filed jobless claims bringing the staggering figures to more than 26000000 in the last 5 weeks the white house economic adviser Stephen Moore spoke to larry king on politicking earlier and said that it might get worse before it gets better. The summer ...
United States District Of Columbia Brian Kemp Angela Merkel Richard Wolfe Larry King

BLOOMBERG Bloomberg Technology July 13, 2024

U. S. Unemployment about 20 , nearing the 25 we saw during the great depression. The house is set to vote any minute now on this additional relief package that would release 300 billion in funds for Small Businesses. I want to bring in taylor riggs. I want to start with this news out of gilead. Having the s p 500 was some strong gains right out of the gate and then it dipped into negative territory two or three times the lot of the volatility and the weakness coming off the headline we got. It w...
United States British Columbia District Of Columbia Bloomberg Emily Eric Emily Emily Chang

FBC After The Bell July 13, 2024

Coverage. Blake burman with the latest from the white house, Lauren Simonetti is watching the markets and Edward Lawrence is in washington. Lets kick it off with edward. Reporter exactly. Chairman Jerome Powell, Federal Reserve keeping Interest Rates where they are foreseeable future. Federal reserve chairman Jerome Powell said the coronavirus had Significant Impact on Economic Activity, employment and inflation, further lowering expectations. The Federal Reserve chairman believes well see doubl...
United States New York San Francisco Larry Kudlow Anthony Fauci Blake Burman

CNBC Squawk On The Street July 13, 2024

If you say things are okay, not as great, and youre an industrial, because there will be an opening of america, people will buy you if you say things are in line and you pull your forecast and youre not industrial, its a recipe to be sold. This is about hope its about the idea that it cant be as bad as it is right now. Youll see that even with marginal retailers, people think a marginal retail hear to come back because america is open listen, you have to go with the flow for a couple days if you...
New York United States North Carolina Duke University New Jersey South Carolina

FBC Mornings With Maria Bartiromo July 13, 2024

This on top of slight gains yesterday at 4 00 oclock. Markets were up. As you see dow industrials up 33 points and nasdaq up 139. Getting america working once again. President trump announcing plans to reopen the economy in phases. The president went through it yesterday. The Small Business aid program has run dry on capitol hill. The battle is waging on how much money, how much to add to funds to help business and American Workers now. Coronavirus is taking a toll on the chinese economy. It has...
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FBC Mornings With Maria Bartiromo July 13, 2024

Claims at 8 30 a. M. Eastern time. Economists are expecting 3. 5 million jobless claims falling record 3. 2 the following week. We will bring you those numbers and jobs number coming out tomorrow. We are expecting a firm e tone with Dow Jones Industrial average up 332 and s p by 72. Take a look at the numbers. Dow industrials down 973 points at the close yesterday. S p 500 down 114. President trump is considering grounding domestic flights between hot spots to try and contain the spread of the v...
New York United States France General Miami Beach Saudi Arabia South Korea

BLOOMBERG Bloomberg Markets European Open July 13, 2024

Coronavirus case fails to improve overnight. The u. K. Prime minister is still conscious but has received oxygen treatment dominic raab is deputized. Equities heading for their first backtoback games in two weeks. Futures pointing higher in the u. S. While oil rises ahead of thursdays opecplus meeting. Coronavirusthe maybe reaching a plateau in europe as cases slow across the continent. Italy could start ending its. Ockdown on a gradual basis just under an hour away from the start of cash tradin...
United States United Kingdom Theresa May Angela Merkel Boris Johnson Raab David Merritt

CNBC Worldwide Exchange July 13, 2024

Flights across the country from body butter to hand sant tieser fighting the medical supply shortage good morning and welcome im Courtney Reagan from nasdaq ma market site. Kicking off with breaking news as stocks are set to surge at the open this does come after the Federal Reserve developed new tools to help stave off an almost certain u. S. Recession dow indicated higher by 865 points, s p by 99 and nasdaq by 320. The virtual qe program, the fed buying more Mortgage Backed securities but say ...
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CNBC Closing Bell July 13, 2024

Well china for instance reporting an increase of cases and u. S. Officials warning this week will be the toughest yet as hospitals struggle to maintain and eck up and down their capacity. Coming up on todays show, blackstone is donating millions of dollars to support Health Care Workers and First Responders in new york well speak to the ceo about that and his thoughts on this volatile market. Plus, well be joined by the ed of the transports union. 59 minutes left of trade. Lets focus on the big ...
New York United States Putnam County South Carolina Saudi Arabia Janet Yellen

BLOOMBERG Bloomberg Surveillance July 13, 2024

Down the fort. Action, and as well in those money market funds. I was looking at the statistics. Money market funds pulled in 150 billion this week, while surpassing the peak of 2008. That is where we are seeing the stresses this week. Everyone just wanted cash. Francine whats amazing also is that the conversation started with small and Mediumsized Enterprises that may actually need support. Are we going to have governments take over in chunks some of the Big Companies to make sure they are safe...
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