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July 16, 2024
Well take you live as impeachment proceedings, of course, continue in the house. And a china trade deal hangs in the balance. Welcome to closing bell, everyone, on this big day. Im wilfred frost. And im Morgan Brennan in for sara eisen phase one trade deal may not be completed this year. Retail is recovering with target and lows shooting higher on strong earnings and fed minutes just out officials seeing little need for further rate cuts. Joining us for the hour, josh brown, ceo for Wealth Manag...
July 3, 2024
That comes up against the weak anecdotes we keep hearing about. The beige book did not sound like the robust economy. I dont know what you are hearing from the companies and everything. It is not robust news. The question becomes not so much the strong Third Quarter. The question is in the Fourth Quarter and if the fed wants and needs a slowdown to feel comfortable about inflation. I dont know if we have the problabilities available. The first is the tenyear note which is darn close to 5 . 4. 98...
July 3, 2024
Haidi welcome to daybreak australia. We are counting down to asias major market opens. Annabelle im Annabelle Droulers in hong kong. The top stories is our, positive move as the u. S. Inflation gauge slowdown reinforces fed cuts as early as september. Wall street stocks closing at fresh record highs while bond yields retreat. Japans megabanks forecasting Record Net Income as the boj moves away from negative rates, seeing a combined windfall of 21 billion. And china tech earnings on the way. Well...
July 3, 2024
James meets a Community Divided by lithium mining. This one patch in the middle, thats the only player not clean, now and thats really scary. And alastair test drives the Brain Scanning Tech that may improve the performance of racing drivers. We have seen something just about average, just above average. Ive got a very average brain over half of the uks Transport Emissions come from cars, so to help reach climate targets, the government had banned the sale of new petrol and diesel cars from 2030...
July 3, 2024
Car owners and makers, some manufacturers embracing electric early, but bentley was not one of them, so how are things going now at its hq . Luxury leather interiors and all the Wooden Dashboard taken from the exact same tree to make sure it matches. It takes around 130 hours to craft one of these cars. Although bentleys are generally bought for their owners to drive themselves around, for anyone that has a chauffeur, this one also has screens in the back. When you think bentley, well you are pr...
June 30, 2024
But whoever wins faces a monumental challenge of reviving Investor Confidence in south africa and revitalising an economy which has been left in tatters by zuma. The current president inherited an economy in distress in 2009, but he also made it worse. Under his leadership, which has been defined by corruption and the weakening of the countrys institutions, south africa has endured two economic recessions in less than a decade. Unemployment stands at a whopping 27. 7 , the growth forecast for th...
June 27, 2024
Overnight in asia, the nikkei was flat. The hang seng and the shanghai were slightly higher. In europe, in early trading right now, youll see there are mixed messages. For the most part the major averages are around the flat line. In italy things are down by 0. 9 . If you check out crude oil prices, right now it was up 1. 2 yesterday, giving back some of those gains this morning with wti at 54. 02. Lets get you updated on some big stories today. Earnings just out from Toll Brothers. The company ...
June 27, 2024
They must do a lot more with less and we must stop the improper payments and the abuses, negotiate better prices, and look for every last there are a of saving. Vorts are working on the budget. Today Dow Jones Industrial average closed at its ninth Straight Record high. Rising 32 points to 20,775. In addition ago did went the other way. Off a scandal 5. And the s p basically flat. It lost 2. 5. The potential for lower taxes and increased spending was discussed at length by policy makers at the F...
June 23, 2024
Tell you about outside the world of business. At least 8 people are dead and five more believed missing after severe flooding yesterday near the utah arizona border. Heavy rain swept away a roadway and these are floods that came up very suddenly. Three people at least have survived the incident. There are at least approximate 13 fires burning right now. Hundreds of homes destroyed. Well have more on both of these developing stories a bit later this morning. First andrew has todays business headl...
June 23, 2024
Vonnie good morning david and stephanie. The city of brussels is under lockdown because of fear of an imminent terrorist attack. Schools, jobs, and the imminent subways schools, jobs, and the subway system remain close. They expect a peristyle attack with multiple attacks taking place at once. We will go to brussels for more in a moment. Francois hollande has the u. K. On board in his attempts to build a coalition to fight Islamic State he met with amy cameron today. That he met with David Camer...