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June 28, 2024
Welcome to power lunch. Im michelle carusocabrera. The major averages are lower kicking off the busiest week for earnings but the s p tracking for its best monthly gain since february the nasdaq was on track right here, yes. Best month since january oil pushing higher, crude prices up more than 1 . We keep show l well get to that. Financials carving out small gains, utilities and health care lagging, j j, home depot, the biggest losers in the dow right now. Some of the big movers pandora higher ...
June 24, 2024
What a day they are having with the latest from the president s visit in havana. We have a billionaire hospitality mogul to discuss whether he is eyeing that country as a place to expand. I hope he saw the News Conference with raul castro a short time ago. Speaking of News Conferences, breaking news out of washington. Donald trump is holding one of his own. Lets have a listen. Certainly should be careful with third party stuff. If trump gets it well start a third party. A third party means the d...
June 22, 2024
Fund the expansion. Congress returns from its august recess with Irans Nuclear deal at the top of the agenda. The Senate Debate begins today as president obama appears to have enough support to ensure the deal survives. Lets have a look at u. K. Futures. This follows a very disappointing week last week. Theyre also negative now. Month to date, quarter to date, year to date but today in europe positive markets and thats feeding through to the u. S. Futures. A 300 point open for the dow. 37 point ...
June 22, 2024
Fund the expansion. Congress returns from its august recess with Irans Nuclear deal at the top of the agenda. The Senate Debate begins today as president obama appears to have enough support to ensure the deal survives. Lets have a look at u. K. Futures. This follows a very disappointing week last week. Theyre also negative now. Month to date, quarter to date, year to date but today in europe positive markets and thats feeding through to the u. S. Futures. A 300 point open for the dow. 37 point ...
June 21, 2024
Sealing the dream deal. The merger is now on track. And associates on bond yields continue to creep higher. As finance minister arrives in london as part of the tour across europe to drum up the full support for a new debt agreement. And chinas official pmi unexpectedly contracts for other two years in january. Weighing on asian markets and the price of oil. And we begin pmi data over the past couple of hours. We got out of the eurozone pmi data for the month of december. 50. 6. January manufact...
June 21, 2024
Surprise rate cut by the rbi. They call it a vote of confidence in the budget. Come on. Urging skilled immigrants to return to ireland and take part in the countrys recovery. Coming up were live in dublin to talk to the countrys leader. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everyone. Im seema mody live at the mobile World Congress here in barcelona spain and the focus on the mobile ecosystem. It continues to expand. Ill be exploring the future of...
June 21, 2024
Amtrak Train Derailment in philadelphia. At least seven people are known to be dead and dozens are injured. Our very own is in washington and has been watching whats been happening at the scene of the crash. What are you hearing thats the latest at this hour . Mandy, as you say, authorities have increased the death count to seven. Four of the dead were found in the train itself. You can see behind me they are clearing this whole area and to give you a sense of the speed this train was going, two...
June 20, 2024
Billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by Hewlett Packard. In other words, its fraud. After autonomys founder and ceo Michael Lynch was fired by meg whitman, sources close to the company tell me a Senior Executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before it was bought by hp. Hp began an investigation and concluded that these accounting improprieties in...
June 20, 2024
Stay the greatest filt in the world, bar none. Thats what im fighting for. Thats what you and your families deserve. Economist mark bandy says a shutdown that lasts several weeks could reduce the nations gdp by 1. 4 . We will talk more about the shutdown with john harwood in just a few minutes. Also, later this hour, we have congresswoman Debbie Wasserman schultz and congressman Mick Mulvaney debating the issues. Also we have steny hoyer who will be our special guest at 8 00 eastern time. Lets g...
June 20, 2024
A. M. Earnings are still coming. Coca cola. After the bell, panera. Lets get a data check. Stocks, bonds, currencies, commodities. Adam johnson will love a lot. Have a lot. The 10 year yield turns off of the weekend. Decidedly stronger euro we will talk about the yen. Oh what a winter it has been in the east. Nymex american crude. That get your attention. Here is a good the markets have been. Up foring to write that a chat on bloomberg businessweek. Out over its skis. 40. 56. En up to a 1 here i...