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June 23, 2024
California will not rule out terrorism as motive for the shooting that left 14 people dead. Not far from the center for the disabled, the citys police chief spoke last night. We initially put out that we have information that there were now,ds of three shooters, when we get the witness statements it looks like we have two shooters. We are comparable with the two shooters we believe went into the buildings are the two shooters that are deceased. Vonnie the suspects are identified as syed farook a...
June 23, 2024
Lets speak to our editor in frankfurt. Paul if there is a surprise and here, it would be the number of hedge funds the ecb executive members have been using. The list goes on. Some people may be raising an eyebrow and thinking, who gets the most set of these meetings . The ecb or the hedge funds . The concern is out there in the market. To ecb has been struggling correct the perception. Those hedge funds have been getting unfair access dating back to the inadvertent release of information back i...
June 23, 2024
The center of that story for weeks. Bob peck, the analyst with sun trust. Bob, its good to have you back. Thanks for having me. The board is considering a spin or a sale of the core assets or maybe other things. Whats most likely to happen . A couple of these. We think when yahoo did not receive its public ruling from the irs that that would be taxfree, but that was a material adverse change. The board right now is doing what it should do prudently looking at all the other options that maybe mor...
June 23, 2024
Folks . Hes making a big difference. And the Company Square is coming around later today getting ready to go public. Pricing tonight. We ask is the Unicorn Party about to end. Mandy . But we do start in paris where Police Hunting for the suspected architect of the terrorist attacks raiding an apartment, two are dead and several arrested. The french prosecutor is set to hold a News Conference any moment now, so lets get to Michelle Carusocabrera who is live in paris. Michelle . Reporter and we ar...
June 23, 2024
The dax up from the other indexes and global stocks as well. Weve got switzerland off tomorrow if italy is already closing off. They will get ready to celebrate the new year and they are down by 8 10 of 1 . As you said oil is down and oil and gas are the worst performer. This is what has dragged it all lower, the back of brent tumbling to 8 . It will pull down the entire industry and the entire stocks 600 and. Betty one t bank on this Stock Exchange has some big news. This is a company that is t...
June 23, 2024
Islamic state. Soldiers have captured a in ramadi complex that has been held by Islamic State since may. Minister, since 08, has made a landmark apology for korean women, for forcing them to be sex slaves during world war ii. Japan also agreed to establish an 8 million fund to compensate victims. A series of tornadoes near dallas has killed 11 people, one miles perup to 200 hour. Flooding in the midwest is blamed for at least 13 deaths. Missouris government missouris governor has declared a stat...
June 23, 2024
Countries will have an impact of the value of a dollar and the economy. Were interested in having the chairman address that issue also. These are some of the major issues we will discuss, and i certainly look forward to hearing chair yellens thoughts on this. There is also growing uncertainty that we should add to the occasion. Too many mornings we hear breaking news or pick up the newspaper and find headlines we dont want to read. That appears to be a spreading cancer not only in the United Sta...
June 23, 2024
We are very, very happy to have congressman teeberry take over as vice chair. Welcome. I also want to welcome our distinguished chair of the Federal Reserve janet yellen and thank her for appearing before us this morning. This committee has a long tradition of receiving regular updates from the chair of the Federal Reserve and were pleased to be continuing that tradition today. U. S. Economy has struggled through a long season of at tted growth. Over that time, our economy has grown at a histori...
June 23, 2024
That we eventually want to operate with a much smaller Balance Sheet than we have at present. The, that we would reduce the size of the Balance Sheet to essentially, whatever size we needed to manage Monetary Policy effective in, in effective and efficient way. Now a lot has changed since prefinancial crisis in terms of the Financial System and, we are studying, were engaging in project at this time. To consider whether a longrun operating framework should look like. So, i cant tell you exactly ...
June 23, 2024
Were interested in having the chairman address that issue also. These are some of the major issues we will discuss, and i certainly look forward to hearing chair yellens thoughts on this. There is also growing uncertainty that we should add to the occasion. Too many mornings we hear breaking news or pick up the newspaper and find headlines we dont want to read. That appears to be a spreading cancer not only in the United States but also throughout the world. And so the uncertainty that that leve...