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June 20, 2024
Helped the group overall. It was the biggest jump we had seen increase in over 33 years, however you are seeing pulling back. Kb homes within a barrel. People buy between now and spring because that is the hot season. Adam Nicole Petallides, thank you very much. Wall streets fear gauge is still gaining ground. In the pits of the cme. A whole lot to talk about. On track trifold largest streakf gains since last year. Phil you consider a market that had no fear. Stocks are going up, the vexed at a ...
June 20, 2024
Welcome to closing bell, everybody. Very important hour right now. Over at white house lots of things going on. Well keep you updated as it all happens. Im mandy drury sitting in for maria bartiromo. Im bill griffith. Were just three days away from the new year. Still no fix on the fiscal cliff, but there are developments right now, as you know. Brian just mentioning there. Various congressional leaders and the president getting set to meet at the white house this hour to work on lastminute nego...
June 20, 2024
Obviously we were higher than that, not much more but were higher earlier in the day. The nasdaq up by only eight points and the s p finishing up by just a trickle of positive. Well, ticktock. The market is closed. Seems to be waiting once again for some clear signal on whats going to happen with regards to the fiscal cliff. How can you make money in the final trading sessions of the year amongst all this uncertainty . We have definite answers coming with our panel. Back with us Nathan Bachrach ...
June 20, 2024
Economy later today. I thought i was supposed to come here today. You thought you were supposed to come here today. So we are both here. Not really, folks. A lot of talk today is about what investors should do if we go over the cliff. What should we do if there is a debt deal before yearend or shortly thereafter. We have Smart Strategies and individual stock picks for you this hour. Thats right. Well also take a look at another side of google that you very rarely hear about. The internet giant s...
June 20, 2024
It looks like were looking at a lower open for the dow. As for the action in europe, really, the action focuses on italy where theres an impending political regime change. More on that in just a moment. The road map starts at the golden arches. Mcdonalds blowing out expectations for november sales after the dismal drop in the month of october. Hoping to fuel the rise, the bacon onion cheddar sandwich. Theres one thing for certain, taxes on top earners are going up. Turmoil in italy. Berlusconi t...
June 20, 2024
As many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20yearold connecticut man who was dressed in black and was carrying two handguns. Connecticut state police are set to begin a briefing at this hour. Danbury officials and hospital officials tell nbc news that at least three people have been transported to the hospital. Again, to as many as 27 people killed. We will bring you more details as they become available. Back to...
June 20, 2024
Business, but for taking otherwise unproductive members of society off the streets and putting them to work baking up a storm for a clientele that includes some of new yorks best restaurants. What also makes this bakery different is that the dough they work with produces some of the dough that supports a foundation for the needy. Welcome to 60 minutes on cnbc. Im steve kroft. In this edition, scott pelley reports on hard times in a small midwestern town, and later, bob simons story on a yonkers,...
June 20, 2024
Happen until the gop agrees on a tax hike. Senator dick durbin saying no deal on the debt without a tax hike of the wealthy. I cant tell you, i dont want to do it, the president doesnt want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. Some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. If we were to pass, for instance, raising the top two rate and th...
June 20, 2024
The latest legal battle between amppple and samsung begs today. A federal jury awarded apple about 1 billion earlier this year, but the judge tossed out 400 million in damages and ordered a new jury to recalculate damages for 13 samsung products that have been found to be infringing apples patent. In other technology news, the wall street journal reports that googles motorola unit is expected to unveil a low cost phone tomorrow. The announcement is said to come amid weak sales. Right now, lets g...
June 20, 2024
Was it could . To like this . That is our show tonight. [applause] and now john stossel. John food can kill. People will eat the wrong stuff may get sick. Its while most everyone says we need government to set some limits. Make sure there is not bacteria in your food or dangerous chemicals. To make sure Food Companies tell you what is in their food and how fattening it is. State legislator felix ortiz has done that in new york city. He got trans fat man, calorie counts posted at mcdonalds and ot...