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June 23, 2024
I did have another batch of snow showers working through 2 00, 3 00 a. M. , so putting a fresh coating on some of the treated roadways. Dry in the next few days. The next storms slated for saturday. This looks to have both rain and snow across southern new england. Well talk more on forecast and what to expect. Guys. Christa . Christa happening right now, you might be hopping in your car and headed to work or school. You might be facing a slippery ride. Its tricky out there. Sarah temperatures d...
June 21, 2024
Of the financial world nearly fluttered out. What could new fed chairman Alan Greenspan do to revive the patient . During the 1970s and 80s, the Federal Reserve adopted longterm policies to halt inflation and ease unemployment. But what would the fed do in an economic emergency . Monetary policy how well does it work . Thats the question economic analyst richard gill and i will investigate on this edition of economics usa. Im david schoumacher. The Federal Reserve board is responsible for decidi...
June 21, 2024
Higher. Heres the big stories you need to know about this morning. Greece topping your headlines. Athens widely expected to ask for an extension of a loan deal with the euro zone. Well talk about the implications of that. The bank of japan leaving it unchanged. The worlds third biggest economy is on the lend. By the way, the nikkei 225 is up 4 this year. Here at home a number of economic reports are set to role out this morning beginning at 8 30 eastern when we get the january Producer Price ind...
June 21, 2024
Star state reporting on the impact of low oil on jobs and the economy in the great state of texas. First, lets get to bob in the heart of all the action down at the nyc. I can hear smashing in the background. All those records being smashed again today. I believe its been the best twoweek gain for the s p in three months and im just looking at the leaders here. Energy and materials are on fire. Once again. At that level this will be a new historic closing high. Well see if we get there here. Int...
June 21, 2024
And now live to london for british Prime Ministers question time. Each week the house of commons is in session we bring you Prime Minister David Cameron taking questions from members of the house of commons live wednesday mornings on cspan2. We invite your participation via twitter using the hashtag pmqs. Prior to question time members are finishing up other business. And now live to the floor of the british house of commons. Debate of devolution must be financial also. Mr. Speaker, im a bit sur...
June 21, 2024
Inflation will race back to its objective. This does not indicate that the committee has decided on the timing. June is not a lock. There is additional language here. The economic language suggests the fed has seen this operative recently. Thats this has seen this soccer data recently. Softer data recently. Resources continues to diminish. Household spending is rising moderately. Business specs business fixed inflation has the client declined. Marketbased measures of inflation compensation remai...
June 21, 2024
A lot of data to note. Heres whats happening. Following the downgrade of the Economic Outlook yesterday. On the agenda this morning job claims and chicago pmi and then earnings central. Exxon mobil coming up, Conoco Phillips, viacom among the names to report Quarterly Results all before the bell and in global news this morning the bank of japan april and september of next year. Policy makers decided not to extend an already massive stimulus program. Thought theyd follow the chinese. Also watch R...
June 21, 2024
What could new fed chairman Alan Greenspan do to revive the patient . During the 1970s and 80s, the Federal Reserve adopted longterm policies to halt inflation and ease unemployment. But what would the fed do in an economic emergency . Monetary policy how well does it work . Thats the question economic analyst richard gill and i will investigate on this edition of economics usa. Im david schoumacher. The Federal Reserve board is responsible for deciding how much money the economy needs to grow. ...
June 21, 2024
And its neighboring countries once formed most of the old soviet union, or u. S. S. R. Many of these old soviet republics differ from one another on the basis of ethnicity and religion. But within the Russian Federation itself, there are republics that could still fragment along cultural and political lines. One of these is dagestan. Dagestans historical and economic geographies help explain opposing centripetal and centrifugal forces within russia. As a largely Islamic Republic adjacent to warr...
June 21, 2024
Think utilities, regulatory utilities and the states i havent found one government that doesnt want to raise more money and give an opportunity to raise more money. Monday night at 8 00 p. M. Eastern on cspan 2. Next, David Cameron taking questions from members of the house of commons. Then Hillary Clinton at the emilys list gala and jeb bush at a fundraiser in iowa. After that, a discussion about the implementation of the Health Care Law and the possible impact of health care rulings. David cam...