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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Chinas economy contracts for the First Time Since at least 1992 after the coronavirus lockdown but industrial output numbers offer signs of encouragement. Stocks push higher as President Trump outlines steps to reopen the economy despite data showing 5 million more americans filed for unemployment. Plus hedge funds suffer a volatile march. And the worst ever losses posted. We will see this morning what u. K. Asset manager things. Breaking headlines on european car sales plunging 52 in march. Eur...
New York United States France General City Of United Kingdom Nick Ellis

CSPAN2 Ben Bernanke First Responders July 13, 2024

On the sculpt theyre interested theres a good book called firefighting which is a summary of the crisis in First Responders which digs deeply into these programs. I recommend everyone have a look at it over the next couple of weeks. Been among other things has been distinguished economic historian being wellsuited to put this horrible event we are experiencing now in context as well it gives a sense today about what will determine how deep this recession will be perhaps how long it will last, ho...
United States Glenn Hutchins Jay Powell Ben Bernanke Good Book First Responders

CNBC Squawk Alley July 13, 2024

Gone red as weve gotten more guidance on Net Interest Income on the conference calls. Yeah. Absolutely the banks are in focus as this first day of earning season in earnest really kicks off one of the names im actually focused on that reported this morning is fastenal, distributors, thats what they make and they provide those distributors to quite a variety of industrial excuse me industries and end markets, early indicator of the state of the industrial economy, youre seeing those shares pop to...
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CNBC Squawk Alley July 13, 2024

It came before the coronavirus headlines started to impact the u. S. And as a result l brand, which owns victorias secret, bath and body works, has had to close stories, lay off employees and this was sort of a lifeline to l brand to unload it because they werent able to turn it around so if they get stuck with it again, its pressure on the retaile retailers. L brand is a prime example, one of the worst hit. Indeed. Well see you later this afternoon, sara. Welcome to squawk alley, you see the bo...
New York United States Santa Clara County Evan Spiegel Courtney Reagan Mary Ann

BLOOMBERG Bloomberg Technology July 13, 2024

States, and even some states already taking measures, minnesota and texas, to ease restrictions. What thisget a lay of meanings for the tech economy. Joining us now, our own tom giles, our editor in san francisco. The president is planning a phasing reopening of the economy but this depends on what governors want to do. For states like california and washington, what does that mean . The thing that you have to remember about the Big Tech Companies in those two states is that in terms of keeping ...
New York United States District Of Columbia San Francisco Angela Merkel John Krasinski

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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Impact of the virus. We will hear from the investor this hour. Western europe loosens restrictions and says infection rates are using. This highlights systemic weaknesses in the Global Health systems. Shery looking at markets, futures under pressure. U. S. Futures are down. 4 after the second straight week of gains. This coming at a time we are hearing from government officials in the United States the worst may he over for the coronavirus pandemic. Nikkei futures down. 4 . We are going to get m...
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KGO ABC7 News 500PM July 13, 2024

Joining us, im dan ashley. Im kristin swee. Begin withd give it it. Inan rosa,milk, bags gorin Alameda County, volunteers stood by as people drove up in cars and waited for boxes of food. In san jose the National Guard was called in to load boxes and use heavy equipment to transport supplies. Everyone pitching in. You can see in this video from sky 7 the line of cars waiting for that food. A parking lot nearby was filled with motorists waiting for turn. Abc 7 News Reporter chris nguyen has the s...
New York United States Alameda County San Francisco David Louis Marisa Mar

BLOOMBERG Bloomberg Markets Americas July 13, 2024

Taylor really seeing some big gains on the s p 500. This is the second straight monday where we have seen big gains. All of the monday before that going to march 2 posting big losses, so a relief that you are seeing some gains come in. Small caps are doing the best. This is a barometer of the u. S. Economy. Some hope, given new york city fatalities have perhaps started to level out, that the economy can get running again. There is some hope in the russell 2000. The riskiest of all sectors, the s...
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KGO ABC7 News 600PM July 13, 2024

Likely run oz as early as tonight. No word yet on a new deal which is leaving businesses worried the wait will force them to close. For 60 years, the millbrae pancake house has been an institution. But like millions of others, the iconic familyowned business is in a world of hurt. This is the worst. This is the worst. Were doing everything we can to survive this. Owner erin burk has cut 80 of her staff. More than 30 employees laid off. This is not how we want to end this. Burk tried to apply for...
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CNBC Fast Money July 13, 2024

Also janet yellin saying maybe the Federal Reserve should be allowed to buy equities directly maybe they should be able to were going to talk about the markets all show long. And see if were getting getting around this area well look at where we understand with the indications. And where we think we might be in flat thing that curve waiting on tim seymour as well, tony dwyer will join us too, it is a big market day. Lets begin now with these markets. Guy adami, i have a statistic for you that i ...
New York United States New Jersey United Kingdom Saudi Arabia Dan Nathan

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