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June 20, 2024
Back ecb measures like negative rates. Euro has fallen this morning on that news. Our road map with the record highs. Investors retaining their appetite for riskier names. Now what . At t and directv reports of deal talks now active and could be done in the next two weeks. And as we said, davids exclusive with ibms Ginni Rometty, a rare conversation about the companys future. First up, more market history for the bulls. The dow with a record closing high for a second consecutive session posting ...
June 20, 2024
Mohammed eleran. This economy has a 50 50 chance and well likely to have another financial disruption in this market. Looking forward to that. Bill clinton and Lloyd Blankfein, a dark alley where someone gets their throat slit and one paragraph in Tim Geithners new book in the financial crisis. Our Andrew Ross Sorkin spoke with the former treasury secretary. More on what bill clinton told tim geithner when the world was on the precipice back then. Andrew will join us next hour to talk about that...
June 20, 2024
I am mark barton. I am anna edwards. A warm welcome to the program this monday morning. Bloomberg reporters are standing by across the world. Manus cranny is here with details of this unfolding murder story surrounding the Worlds Largest cement makers. Carolyn is in paris following the altus deal. India sees a 4 billion deal in its direct drug sector. We will get the story from john dawson in hong kong. David tweed is focused on the future of industry. Tell you what is coming up this morning. A ...
June 20, 2024
You an experience with your smart phone. Onceur producers will again try to stop me with our mystery guest, all of that and more over todays hour, but first, lets get headlines with bloombergs su keenan. Out after last years hacker attack compromised millions of steinhafel at target. And they are looking for a permanent chief. Aig says their profit fell, this thoughms costs climbed, fell. It beat the estimate of analysts surveyed by bloomberg, and at gm, an executive involved in the faulty ignit...
June 20, 2024
Nightly Business Report this tuesday may 13th. Good evening, everyone, and welcome. Records fell again on wall street today as the dow industrials and the s p 500 each closed at record highs, more on that in a moment. But we begin with big changes being rolled out at a company that as much as any defines the permanent blue chip, you may earn more in portfolios or funds, it contributed not one bit to the rising markets, the shares were off slightly. The ceo sat down with a Rare Television intervi...
June 20, 2024
Also coming up on the program, the ipos are continuing thick and fast as lloyds announced it will sell shares in its state of tsb. Will the deals be snapped up . Here with more is caroline hyde. Lets start with tsb. How much is the offer . 25 . It has been estimated that it is worth about 1. 5 billion pounds. 370 5 Million Pounds could be up for grabs as quickly as next month. So far, it will be going to institutional buyers. They will also be depending on Retail Investors in a big way as well. ...
June 20, 2024
I matt miller. Im matt miller. Im Cristina Alesci. Perfect timing for us worked out pretty well. Certainly did. Breaking news on the economy. A key gauge coming up. Mike mckee in the news with the headline. This will be a good news stories as well for the markets today. The isam report for the month of april comes in at 54. 9, more than expected and up from last point seven. The economy and manufacturing continuing to get together from the freeze we saw this past winter. Thanks so much, mike. I ...
June 20, 2024
Unprecedented but it is rare. Well ask people about that. The industrials bounce back today and what appears to be a deescalation in japan, letting putin claim hes pulling troops back from the border and is calling for a dialogue on the crisis. Is the market reading this one correctly . And weve got jim brent coming up in the 4 00 hour. Hes some of the guys that gmo have been saying if you want to wade into an area thats incredibly cheap albeit risky its russia and gas prom. That trade paying of...
June 20, 2024
While the extent is diminishing, inflation has been running below the longer run objective but longerterm inflation excitations have remained stable. Going to skip redundant language. The quantities of bond purchases will be cut from 45 billion per month to 45 billion per month. Skipping over redundant language from the previous statement, the fed reminds investors asset purchasers are not on a preset course. The fed continues to hold the federal fund rate at zero to a quarter percent. And the f...
June 20, 2024
In world markets, and it there are two things that you have to notice. There is already a market developed market developed not only to argue against taking action with respect to carbon but a market developed in setting up these financial trading desks that trade carbon that want to lobby to undertake this option. It is a strong and a large industry right now, and there are Interest Groups pushing for this as a solution that, in fact, will not work. Senator. Thank you, mr. Chairman. I am going ...