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Transcripts For CNBC Squawk On The Street 20240712

We can get above that 200 day. I have to tell you, once again, what causes a decline its always the banks. Why the banks . Because we cant value we cant value them because we dont know what their future loan losses are going to be. I think that the feds chilling statements made for a tremendous confusion because, remember, weve been skating everybody has been saying how can the market almost bet a its high the answer is because we dont have any data. No real reports that contradict that i didnt like the nike quarter, but people already apologized for that it is the banks and, once again, when i think of the banks an article today about credit cards and how people arent taking the big credit cards with the 400 and 500 fees. David, the credit side continues the buyers jim, that is really interesting to see when we start to get the earnings where the focus of investors is. After the close we get jeffries. Investment banking not overry large but what will be interesting, jim, im sure well

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

Charles schwab takes advantage firm and israge said to be moving on rival Td Ameritrade. Apple overhaul Software Testing after finding glitches in its software. This is our second day at the new Economy Forum in beijing and we have plenty of great interviews ahead on our programs including mastercards device. Hairman also eurasia groups president as well. Competition was really focused on trade tensions, the risks for the global economy, the u. S. And china dynamic. We will see more conversations about today as well, but also more focus on technology, ai, 4g, and transitioning into 5g. Much it was very optimistic or hopeful is maybe a better word, hoping to come to some sort of heavy copper mines, but there was the idea that some of these issues are just going to remain issues forever, like Henry Kissinger saying the issue remain kong will problematic and other people saying the issue of sovereignty will be sensitive and will come up during trade negotiations. All of that has affected

Transcripts For DW Business 20240713

Im rachel join me to meet the gentleman from d. W. Post. Such a video. Link to news from africa the more whole story link to exceptional stories and discussions from z. Z. Town while wimps a deputy comes from a tree trunk join us on facebook t. W. For. Apples new credit card cant buy gender equality a court in new york is investigating apples partner Goldman Sachs for allegedly given more credit to male customers. Also on the program being is in greece to foster deeper economic ties with the debt stricken country while greece secures another 600000000 euros of Chinese Investments and will also take you to china where its a singles day and you can buy yourself a gift well tell you what that is all about. Business and how your guests its good to have you with us new yorks department of Financial Services is opening a probe into gender discrimination by Goldman Sachs the bank behind apples new credit card critics say the apple cart offers men a far higher credit limit than women the scand

Transcripts For DW Business 20240713

W m how you know i guess its good to have you with us new yorks department of Financial Services is opening a probe into gender discrimination by Goldman Sachs the bank behind apples new credit card critics say men get a far higher credit limit then woman the scandal broke after apples cofounder Steve Wozniak said he received 10 times more credit than his wife even though they all share assets and accounts apple has reportedly responded to user concerns saying the credit limit is defined by an algorithm the apple cart was launched in august and partnership with Goldman Sachs as an option for users with limited access to credit. For more on this i am now joined by jose luis de i do our financial correspondent on wall street who will take us through this issue its good to see you so we do know that this looks like a bumpy start to this new apple product how important are Financial Services for apple does this mean big trouble for the company now. Current situation have you said to her th

Transcripts For DW Business 20240713

Does cross on her. With ideas that are her future looks out a card to. Play a. Small part documentary starts now in the 14th d. W. The food. Apples new credit card cant buy gender equality a court in new york is investigating apples partner Goldman Sachs for allegedly giving more credit to male customers. Also on the program sawzall job saved as chinas g. D. P. Group steps in to buy bankrupt British Steel. And how working there fossils plans to boost the economy in Domestic Production are threatening to backfire. Its. For business on the w m how you know i guess its good to have you with us you yorks department of Financial Services is opening a probe into gender discrimination by Goldman Sachs the bank behind apples new credit card critics say men get a far higher credit limit than women the scandal broke after apples cofounder Steve Wozniak said he received 10 times more credit than his wife even though they all share assets and accounts apple has reportedly responded to user concern

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