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June 19, 2024
The daily rundown. Were looking ahead to the 50th anniversary of that famous 1963 march on washington. For Many Americans, 50 years ago feels like yesterday. But of course for millions of others, including myself who werent even born yet, in an ironic way, the grand memorial of granite and marble that now stands might make that history feel more distant. Particularly for many young people today. We remember dr. Kings march as an historical event. Through grainy film and archive photos. But for e...
June 19, 2024
The percentage might look small, but the amount of money i think is robust enough for allowing us to have a great future. The u. S. Senate prepares for a hearing today on the use of force in syria while the u. N. Endorses a military response. Very good morning to you. Microsoft is buying Nokia Smartphone business for 7. 2 billion. The deal which includes licenses of nokias patents. This is microsofts second biggest acquisition behind the purchase of skype. Microsoft will use some of its near 70 ...
June 19, 2024
On what to do. Watch your toes, sue. Absolutely, ty. Chilling pictures. Wait until you see them. Its amazing how close the sharks are getting to shore. We start with detroits bankruptcy filing. They filed the largest ever municipal bankruptcy late yesterday afternoon. The citys state appointed emergency manager sought bankruptcy protection rather than taking more money from the battered Emergency Services department to pay off the debt. Today michigans Governor Rick Snyder said many of the citys...
June 19, 2024
The right price and you can make shareholders a fortune. You get it wrong, and it is a killer. The house of pain. As we found out today, the day where the dow slipped eight points. Most people dont think that execution matters that much. They dont believe someone can come in at the top and make the kind of changes that can save a company or get it out of the celt cellular cellar and into a competitive position. When a new coach takes over an nfl team, he can rapidly create miracles. Someone that...
June 19, 2024
Reins as rbi governor. And samsung is preparing to take the wraps off its new galaxy gear smart watch as it tries to take first move advantage over apple in the gadget wars. All right. Warm welcome. Were into another worldwide exchange. Good afternoon. Good morning depending where you are in the globe. Eurozone composite pmi hit the high since august 2000. The final number, slightly weaker, a nudge down from the flash. But nevertheless, 51. 5 for the month of august. It was 50. 5 in july. The hi...
June 19, 2024
Returning to the days when if youre willing to work hard you can succeed, that should be washingtons highest priority. That should be washingtons highest priority. Thats joes highest priority. Thats bob caseys highest priority. Thats my highest priority. Thats what we should be focused on every single day. But we do have a problem, which is weve got some of our friends down in washington who, and you know, its not all republicans. But theres a strong faction. Who instead of focusing on whats hel...
June 19, 2024
I can almost hear my father harken that anthem of the movement. People, get ready. Theres a train acoming we must say, wake up, america, wake up in selma, alabama, the right to vote. But we want to be free now i am not going to stand by and let the Supreme Court take the right to vote away from us we have to fight for our children. I encourage all of you to keep dr. Martin luther king jr. s dream alive. Where are the women that need to be acknowledged in this movement . Dont you ever think that ...
June 19, 2024
And we are bargain hunting. We will see which stops may be ripe. First to simon who is in for sue. Good afternoon. It is a 5th straight down day for the dow as things count down to the fed minutes. Tech is weighing intell. Financial, citigroup and heading the nasdaq. Lets have a look at where we are. Vicks which is higher today. Reporting outflows from bond funds is the third highest record. Lets bring in bob and kenny both of them with me here. Before we go anywhere. Credit to you yesterday for...
June 19, 2024
Europe, and also in the u. S. On the other hand, you see also a kind of slowdown in some traditional high growth emerging markets like brazil and marginally so in africa. We speak to the ceo of rival carlsberg in just half an hours time. That is a first on cnbc. And a bailout bat unttle in german politics. Wolfgang schaeuble breaks the party line saying greece could get another aid deal. Good morning, everyone. Welcome to a brandnew edition of worldwide exchange. The stoxx europe 600 is down aro...
June 19, 2024
The s p 500 also weaker, down 9 1 2 points, twothirds of one percent. The dow posting a sixday losing streak. Bob, over to you. Reporter the problem is they cant quite decide in the stock market whats going on, but the bond market doesnt seem confused. Putting up the full screen. The Federal Reserve minutes came out this afternoon. The fed is trying to keep its options open. Thats whats going on here. They said theyre split over the taper timing, not over tapering, but the timing of tapering. Th...