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July 16, 2024
A trillion euros for europes battered economies the deal comes after weeks of resistance from debt shy germany and the bone of virus infections surge in brazil to the 3rd highest in the world president had posted i dont into locked in a political battle with regional leaders over how to respond to the crisis plus its time to developing an app to improve Contact Tracing in south africa as it races to contain the virus. Im sorry kelly welcome to the program u. S. President donald trump has threate...
July 16, 2024
Actions taken on pandemic and how money is being spent today. Getting america back to work today, larry kudlow will join me today at 8 30 a. M. Eastern live on the reopening of American Economy and rebound hes expecting and what if any additional stimulus is needed. We will also get into china. Turn into markets this morning. Futures are turning direction this morning. We are expecting weak opening this morning for stock prices, s p futures down 10 and nasdaq futures lower by 12 this after posit...
July 16, 2024
With Second Quarter volumes that may fall as much as 25 . Ap mollermaersk, the shipping company, said Second Quarter volumes will take a huge hit. You see a top german judge, one top german judge says the ecb is not the master of the universe and must be held accountable. This is Angela Merkel and Emmanuel Macron agreed to open the france germany border. U. S. Medical advisor Anthony Fauci ways in on the Market Sentiment, warning against reopening too soon. Stanley druckenmiller adds to the down...
July 16, 2024
Jobs falling by almost 3 million but much less than what economists were expecting. Coming up on todays show, as more companies address the rising tensions in america, well seek with ursula burns, the first black ceo of a fortune 500 company, about how Business Leaders can work for real equality and change. Well Talk Solutions with her. Plus the ceo of etsy will join us to talk about what his company is doing to address societal issues and how the coronavirus has changed his business the big sto...
July 16, 2024
Things, our country looks a lot more like the juggernaut it used to be, and so does the stock market thats the only way to interpret the incredible pin action that we got today from adps incredible their National Employment report, and it showed that private Sector Employment decreased by just 2. 76 million jobs last month, when most economists were expecting something more like 9 million. Hallelujah. That and some early positive data about the opening of restaurants and casinos are how the dow ...
July 16, 2024
Pandemic. This week the Senate Passed a bill that will force Chinese Companies to follow the same accounting rules as u. S. Companies listed on u. S. Exchanges. The nasdaq is set to unveil new rules of initial public offerings, a move that could make it harder for some Chinese Companies to list on nasdaq. I spoke with larry kudlow,ing the white house chief economic head, about this a hardline stance toward Chinese Companies as well as the white houses decision to halt money from the thrift fund ...
July 16, 2024
Chinese companies during the pandemic. This week the Senate Passed a bill that will force Chinese Companies to follow the same accounting rules as u. S. Companies listed on u. S. Exchanges. The nasdaq is set to unveil new rules of initial public offerings, a move that could make it harder for some Chinese Companies to list on nasdaq. I spoke with larry kudlow,ing the white house chief economic head, about this a hardline stance toward Chinese Companies as well as the white houses decision to hal...
July 16, 2024
In washington, lets kick it off with blake. Reporter we are seeing a backtracking away from china in a couple different places across washington today. Lets start with what we first reported exclusively on foxbusiness. Com on monday evening which is that the white house part, President Trump and his top advisers wanted to see the federal Retirement Savings plan that relates the federal government workers not have any exposure whatsoever to chinese equities. There was a fund that was shifted, abo...
July 16, 2024
Future and later, President Trump says the time for negative Interest Rates is now. So were breaking out our crystal ball to see what the market will look like in a world of negative rates and we start with the market selloff the stocks tumbling after the path forward is highly uncertain and subject to many downside risks. The prolonged recession and weak recovery can discourage business advancement and expansion further limiting the growth of jobs and the pace of technological advancement. The ...
July 16, 2024
Lets have a look at what has been really driving things here, haslinda. Haslinda the focus this week for markets will be that policy meeting in china. Fed chair Jerome Powell says a new rebound in u. S. Growth depends on the delivery of a vaccine, but he stressed that the economy will recover eventually. This economy will recover. It may take a while. It may take a period of time. It could stretch through the end of next year. We really do not know. Powells remarks follow a warning that and our ...