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July 16, 2024
Josh lipton standing by and gene munsters gearing up for facebooks call and we kick things off for Julia Boorstin for facebooks big quarter quite a move quite a move, Melissa Facebook shares up almost 10 on better than expected revenue and user growth. Cfo dave waner reassuring investors saying that while the outlook is uncertain, advertising is stabilizing so far in april were not immune to this from this crisis. We did see a steep decline in advertising revenue starting at about the first week...
July 16, 2024
Yvonne interesting to note the jobless rate, 6. 2 . You have to wonder what the labor market looks like in the face of this bad data. Look at the equity market right now, a free fall when it comes to china but looking better than the rest of the region. Its bring in our next guest lets bring in our next guest. Thea, it seems like economists were a little bit too upbeat. What happened . Julia i think if you remember, the government gradually increased the limit on economic activity. They extended...
June 29, 2024
Taking shape. A bracket Battle Royale , dual ing mortgage deduction plans , a Corporate Tax delay, disagreement of possible faceoff with high tax state republicans and a carried interest challenge by democrats and among the fight both senator Mitch Mcconnell and congressman kevin brady in just under 72 hours. On the other side of the world a stark warning to china and our asian trading partners, the u. S. Will no longer be on the shortened of the trade stick. That coming from the president , com...
June 27, 2024
With a d. What are your infrastructure priorities . We have regional lines today, in the eastern and central time zones call 2027488000. Those in the mountain and pacific time zones call 2027488001. You can also reach us on social media on twitter at cspanwj. And on facebook at facebook. Com cspan. Lets look at what the Washington Post said about this new report on the nations infrastructure. According to engineers, 1 trillion for infrastructure is not close to enough. It says the president prom...
June 27, 2024
And asking about cutting stake in the bank. United airlines, the story that keeps on giving or doesnt end for them issuing a new statement after a lawyer of the doctor grabbed off the flight, saying his client suffered a concussion. We have tape of that and talk about how this could play out for united with an aviation. Yeah. Shares weaker, but sideways the overall market. A story catching wall street and everyones attention today. The u. S. Dropped the mother of all bombs in afghanistan. We hav...
June 23, 2024
Hearing from ibm among others. One economic report the october National Association of Home Builders survey this will give us a snapshot of construction heading into the winter after a strong summer for the industry. All the big stories were watching. A top u. S. Security firm reporting that china actually tried to hack at least seven American Companies in the three weeks since that key meeting youll remember between washington and beijing leaders from the two countries which it agreed not to sp...
June 20, 2024
Bnp paribas. The cfo tells cnbc he believes the stress tests were credible. I think its really a hotel exercise that can help with overweighted european banks. It leaves bnp paribas well capitalized. Never say never. Novatny says in an exclusive interview he does not think qe should be on the table now, but leaves his options open. You should never say never. I do not fear this perspective. Display youre watching worldwide exchange, bringing you Business News from around the globe. And on this f...
June 19, 2024
S p up by just under 2 points. In Global Market headlines, chinas Manufacturing Sector strengthened further. Mixed signals in important areas, including export orders suggest that any recovery will be gradual. Take a look at what happened overnight in asia. Youll see that shanghai and hang seng were barely higher. The nikkei was down by 0. 8 . The big news out of europe this morning, royal bank of scotland, rbs announcing it will move 61 billion of toxic assets into an internal bad bank. The ear...