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July 16, 2024
The Senate Committee on finance the subcommittee on International Trade customs and Global Competitiveness will come to order. I know this seems a little strange but an empty room except for three witnesses live in front of me and many of our colleagues are going to be joining us virtually. But i want to welcome all of you nonetheless to this important hearing. This subcommittee continues to do its work in exploring the unfair treatment practices of foreign governments and especially china and r...
July 16, 2024
A lot of red on that board. These are modest moves. Market turmoil. Someone tweeted me that. Futures arent up a half percentage point pull out the market turmoil boards several headlines out of beijing overnight. Chinas exports rose imports are higher than expected chinas trade delegation arrived. We are learning more about the purchased targets that china would agree to at the phase one trade deal signing telling us china will commit to increase purchases from 32 billion over two years china wi...
July 16, 2024
Retail app. Is it a sign that black friday is broadening its reach. First, our top story. Ubers future in the city of london is looking bleak. They are not allowing a license, the reason im a rider safety. The mood in london is that uber will have to follow a similar procedure has a few years ago. In 2017, it was denied a license the first time and it immediately appealed. As long as an appeal is ongoing, they are allowed to continue. Wilbur said that they will appeal the wilbur said they it wil...
July 16, 2024
Measure a lot of people look to to get a gauge of consumer spending. 172. 3. Ll to 166. 9 from we can get a quick check of what is happening in the u. S. Equity after coming off of the 24th record high for the s p 500 for the year. If youre looking for leadership in this market, youre not really going to find it. Consumer discretionary getting a little bit of a bop, but most of the strength is in real estate. Also seeing that play out in some of the havens. You see the tlt here. More buying ther...
July 16, 2024
Wall street watching washington today. Stocks set for a lower open. Google, the banker. The search giant reportedly planning to offer Checking Accounts next year and nikes amazon challenge, the sports wear retailer set to stop selling its clothes and shoes directly to the ecommerce giant. Wall streets going to pay close attention to events on capitol hilld chair powell will testify before the joint Economic Committee of congress and the nation will hear public testimony from house impeachment wi...
July 16, 2024
We will have details. Going global. Amazon joins forces with chinese retail app. Is it a sign that black friday is broadening its reach. First, our top story. Ubers future in the city of london is looking bleak. Not allowing a license, the reason im a rider safety. Thate mood in london is uber will have to follow a similar procedure has a few years ago. In 2017, it was denied a license the first time and it immediately appealed. Ongoing,s an appeal is they are allowed to continue. Wilbur said th...
July 16, 2024
Raging in is streaming wars media empires strike back. Comcast, at t, disney and apple bring their shields to full. And netflix and roku burn up in the atmosphere who will dominate the next evolution . Humanity will find out now yes, it was a week that change the world, a streaming roku falling a whopping 26 on increase in competition from comcast and Facebook Netflix slammed as ceo reed hayesings admits tough competition from disney and apple. Who wins the next battle in the streaming wars. Wha...
July 16, 2024
Mike u. S. Stocks to some degree have brushed off the tweets from President Trump this morning criticizing china. Soybeans fell to a seven low today. This is after President Trump criticized china after criticized china for not increasing American Farm imports. Trade war worries have people away from soybean market. Open interest in soybean contracts have fallen to eight fouryear low. Wheatcotton, some contracts all off. Forecasts for cooler weather in midwest also plan on playing on prices. Ben...
July 16, 2024
Predicted every last recession weighs in. Now to Edward Lawrence at the white house, on the trade front where things stand. What is going on there . Reporter looks like better than expected numbers coming out of china helping markets today. China says their exports have increased 3. 3 from june to july. Surprise with some with escalating trade tensions. Export numbers deficit from the United States has shrunk 2 billion from june to july. It is still a huge number, look at yeartodate. It is 168. ...
July 16, 2024
Europe right now as youre into seat so we could be getting on the seat but i think it applies to a bus as much as a car to go back to your 1st comment i mean when i often say like you know the enemys e. M. T. Car we should not forget if you get interested to transport were reaching a wash in france in germany pretty much all over the world its done by cars the car is to boost used means of transport if you look at the. Car pulling a what we do is actually very very tiny today so the biggest expa...