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June 19, 2024
A good employment report. First to the white house and where they go from here. Kristin. There was not a lot of hope heading into the final day of meetings after 2 weeks of meetings and not a lot of process. House Speaker Nancy Pelosi laid out her terms and Steve Mnuchin said it was a nonstarter. Not a huge surprise when they didnt have a deal. Heres what nancy pelosi and Chuck Schumer said about it. It was a disappointing meeting. They rejected it. They said they could not go much above their e...
June 19, 2024
Todays jobs report expects to show hiring expanded at a solid rate last month, adding around 210,000 jobs. And World Leaders coming together to remember dday, 70 years after allies stormed the beaches of normandy. Russias president Vladimir Putin and russian leaders since the ukraine crisis. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Welcome to the last Worldwide Exchange of the week. This is air force one, a different version of it. In normandy. Its jus...
June 19, 2024
E. On looking at earnings. And release of unemployment and wage growth data in the next 30 minutes. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. Lets have a look at how the markets are trading. The stoxx europe 600 index, higher by around 0. 4 . Were pretty much range bound and recovering from the steep losses that weve seen over st the last two weeks. We did get a couple of earnings reports out this morning, which were mo...
June 19, 2024
Meredith whitney coming up on the closing bell. The Dow Jones Industrial average right now flat on the session. A lot of movement but not much change from where we began, actually. Nasdaq composite looks like this. Once again seeing selling there as you see the nasdaq down just a fraction. Really steady today. The s p 500, similar chart pattern with a flat showing there as well. No surprise from the latest announcement from the federal reserve. Leaving Interest Rates unchanged saying the economy...
June 19, 2024
Headline low. This is todays Worldwide Exchange. Im ross westgate. Here with your headlines from around the world. The dollar treasury yields continue to prove surprisingly hawkish among concerns of some about the bank qe program. That may add more to todays strange jobs report which led to spectacular hiring growth. Meanwhile, here in europe, composite pmi shows manufacturing in contraction territory. Well look ahead to uk services pmi in under half an hour. This after the hsbc in china shows a...
June 19, 2024
Margins. Plus, cut taxes to boost growth and create jobs. Thats the message being sent to the eurozone. He jones us exclusively in the studio in just over 30 minutes. Youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. Just over the last couple minutes weve got some very interesting flashes and comments from the French Foreign minister. He calls for fair u. S. Sanctions against bnp. Earlier this week there was speculation about bnp being s...
June 19, 2024
The carmaker warning on profits and analysts cutting their price target on the stock. Well start off in the financial sector. Santander posting a drop in nine month profit in its domestic market. Profit for the first nine months, 1. 8 billion euros, down 66 compared to the same period last. 90 of government enforced write downs have now been completed. A sxchlt a thinks it will meet full year targets. Revenues up 1. 3 in the period. Strength in property and casualty insurance. And Credit Suisse ...
June 19, 2024
It would move more than 700,000 barrels of oil from canada to gulf coast refineries. But first, your reaction on this decision about the keystone xl pipeline. Here is how you can call in and give your thoughts. The numbers are on the screen. If you want to give your thoughts on our social media a couple of different writeups on this decision made by the white house yesterday this in the Washington Post this morning. Riding that the 90 day time frame for comments was supposed to end on may 7, but...
June 19, 2024
All of that and so much more coming up in this hour of market now. Connell welcome back, by the way. Dagen i find the winters here much worse. Were they good . Did people watch . Ironic beginning to roll back its higherlevel enrichment. Country. Why in some sanctions the white house says it will continue aggressive enforcement of measures that remained in place. Joining us now is k. T. Mcfarland and mike baker. That is a mouthful. You better bring it. You have been skeptical of this. Are you sti...
June 19, 2024
There remains significant underutilization of labor resources. Household spending appears to be rising moderately and business fixed advancement is while recovery in the housing sector remains slow. Fiscal policy restraining Economic Growth and extent of restraint is diminishing. Inflation is lower than longer run objection and longer term conditions remain stable. Skipping over redundant language from the last policy statement, if you had cuts quantitative easing by another 10 billion a month a...