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July 16, 2024
Down nine basis points. Europe is jumpy holding onto positive territory. Who knows . Brexit conversations throughout this week. Coming up later in the hour, we are going to speak to gregory poland of the mayo clinic to get his perspective on the latest vaccine trial results from astrazeneca and pfizer. What does it actually mean for the market . Eu leaders are reconvening about premuch now for stimulus negotiations in brussels. The goal to seal the deal signaled that they are ready to agree on 3...
July 16, 2024
Administrations push to send hundreds of federal agents to big cities. And sharks in danger, a massive new Study Reveals an alarming disappearance of sharks around the world. Only on cbs this morning, we take you offshore to investigate the impact on the oceans fragile ecosystem. First here is todays eye opener. Its your world in 90 seconds. If you can, use the mask. When you can, use the mask f youre close to each other in a group, i would put it on. Reporter President Trump warning the virus w...
July 16, 2024
Chancellor of the u. K. On how he plans to ensure economic recovery from the pandemic. This is what the markets are , however,n, the virus it appears european stocks are climbing after promised renewed support for airlines. Shrugging offo be virus worries that were seen in the u. S. Markets and focusing actually on what is happening closer to home. The dollar is strengthening, treasuries edging higher, shares primed in japan and south korea on below average volumes. Now lets get to the bloomberg...
July 16, 2024
Tumlin will talk about this, but last week we did have a press event with supervisors peskin and preston announcing that we will be delaying our fare increases. Obviously when we were voting upon that fare increase, we could not have understood the magnitude of what was before us and not to mention we didnt really have a path forward in being able to fund the operations, so i want to thank you supervisors peskin and preston for working with us to come up with solutions which i cannot tell you wh...
July 16, 2024
A couple things going on in the markets today. We will look at wirecard. We will also look at the leaders of the European Union discussing what will happen with the package proposed by the commission. , european stocks are actually rising. Offstors are shrugging fears of a second wave of infections that had spurred caution earlier in the week. Treasuries holding onto gains. The dollar slipping. If you look at other things we is watching i know today also quadruple witching, which usually is the ...
July 16, 2024
That is where we are at the moment. Another down day for crude. Brent also down. Tom lets get more analysis on the market. When you look at what happened with help things are playing out in asia, is it taking offer a stellar quarter . Probably a bit of both. Concern withys the cases we have seen. In cases like texas. They have a bit of a crisis going on there. The fact that new york, new jersey, and connecticut have now set a quarantine for people who travel from these hot zones and the rest of ...
July 16, 2024
2. 8 million added well explore if that means a v shaped recovery is coming. 2. 7 on the s p 500. Coming up, retail making a big move higher today as reopening trend ramps up across america. Well with marc metrick about what hes seeing from customers so far and later, are leaders doing enough to address equality daymond john will join us with his list of actions. Lets get straight to the key question of the day. Have we bottom ed were ploex ploering in a number of ways. Steve liesman has e detai...
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
Chinese demand levels almost at precrisis level. Time for todays market moving news from our washington and new york teams. We want to start with fed chair jay powells comments on the economy. In an interview with cbs, he expressed confidence in the recovery, but timing is still hard to predict. Chair powell the economy will recover. It may take a while. It could stretch through the end of next year. We really dont know. Michael mckee, International Economics and policy correspondent, has more. ...
July 16, 2024
Lower starting point at 399 i asked cook if he was worried about the se denting demand for the higher priced models and then tanking his margins cook dismissed that telling us we are never worried about cannibalization. Our view is if somebody is going to cannibalize it better be us theres probably a little overlap between the two. The se right now cook saying appealing to android switchers and appealing to people who want the most powerful phone but in a smaller form factor. Sticking with the i...