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July 16, 2024
Predictability. Strong winds blanket the bay haze fromdark, thick wildfires throughout the state, rolling blackouts as firefighters prevent more fires from breaking out amid extreme weather conditions. Joining us now in new york city, bloombergs abigail doolittle. I hope you have clearer skies than we do today. I want to talk about the tech rebound, the biggest rebound after the worst stretch since march. Saying you nailed it the only certainty is volatility. That is going to continue, it seems ...
July 16, 2024
Poisoning. Lets get to the first word news with leighann gerrans. Shows joe a new poll biden has a doubledigit lead over President Trump. Ae democratic nominee has 5242 advantage. Meanwhile, the survey also says in theden has a 6 lead battleground state wisconsin. In germany, chancellor Angela Merkel is now ready to link the nord stream 2 gas pipeline the poisoning of a russian dissident. Merkel, whoift for said that the russian backed pipeline should be completed and remains a separate issue. T...
July 16, 2024
It is office highs, but still a. 5 . Not too Much Movement in the dollar index. Just a little weaker before the fomc today. He 10year yield lets get a deeper dive into the market action. Standing by we have k. D. Lang. Katie playing. Hase dollar weakness become a proxy for risk appetite. It is once again weakening signals it is not entirely a risk off day. We are seeing it in equities. Even if crude is office to touch. On the subject of the fed and yields, something the market is paying close at...
July 16, 2024
And tony dwyer leaves the pen. Staying now is time to take profits. We tell you what has him a bit nervous. All that ahead we begin with earnings alerts on ibm and netflix. Both stocks on the move after reporting numbers. Both stocks moving higher. As always full Team Coverage standing by to break down the big moves. Julia boorstin digging in on netflix. Lets begin with deidre bosa. A green on the screen for big blue. Ending the streak of declining year over year revenues five quarters that have...
July 16, 2024
The nasdaq was the laggard. Nasdaq down 0. 7 . The philly stocks index ended up the session, really dragging things lower with the semiconductors. Romaine cloud flare, five below, peloton. About 5 on the day. Lets dive deeper into the action with our markets reporters. Renita i am taking a look at axum therapeutics. It rose to a record high at some point today. Acutempanys drug for migraine treatment met its endpoint. Significantlyd improved migraine pain and most bothersome symptoms versus a pl...
July 16, 2024
Republicans, it is 2027488001. Democrats, 2027488000. Independents, 2027488002. You content you can send us a text this morning. F that number, 2027488003 please include your name and where you are from. On cspan it is twitter it is cspanwj. On facebook it is facebook. Com cspan. A very good thursday morning, Mark Zuckerberg talked about this issue of trust in his Opening Statement before the House Financial Services committee as he was talking about the company entering the arena of Digital Cur...
July 16, 2024
Work here. There will be some work at the network level. The architecture of the system itself that supersedes all of the individual work the countries are doing to implement this. And then the members of the associations who are transacting using the Payment System will be responsible themselves for implementing and following those rules. Have a big effort to verify identities and authenticate them. We do this today if someone wants to run political ads or run a large page. I appreciate that bu...
July 16, 2024
[inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order. The gentleman from colorado is recognized for five minutes. The other coloradan. Thank you for repeating today. Thanks for your testimony today. I just want to lock one thing down where i i heard to make answers from your earlier. Ms. Maloney was kind of going through a list of regulators, and wanted to know if you would wait for their approval, and she went to a whole laundry list of ...
July 16, 2024
Maria we have a big show this morning. Joining the conversation, Deirdre Bolton is here this morning, real clear politics cofounder and president tom bevin and pwc partner, mitch rochell. Thank you for being here. We have a market under pressure as a result of some i guess digestion over this trade deal. Take a look at the markets where were looking at a triple digit decline this morning for the dow industrials. Bloomburg is reporting that china wants more talks before signing phase one of the s...
July 16, 2024
Without objection the chair is authorized today declare a recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today, were here to examine the impact of facebook on the Financial Services and housing sectors. Our sole witness is facebooks chairman and ceo, Mark Zuckerberg. Facebooks plans to create a Digital Currency, libra, and a...