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June 21, 2024
Alix steel is in the newsroom. The philly fed index. This came in below estimates coming in at 5. 2. Almost cut in half. It is also lower than read for january which came in at 6. 3. We have seen a pretty genetic two months in the philly fed index. The reason why this important is that they get new. The new orders at the index did come in light at about 5. 4. The slide is continuing, new orders. Weve seen more jobs and falling oil prices. Lets turn to the biggest corporate story of the day. Ther...
June 21, 2024
Good evening. A lot of jockeying for position on both sides. It really is at the moment. It is intriguing whats been happening here. The greek government cementing a proposal for a sixmonth extension to its loan bailout. Promised flexibility that is quite a climb now. European nations saying the basis for a reasonable compromise. That doesnt keep the german finance minister from saying this should be rejected. The Economy Ministry in berlin said we are not saying yes or no. There are concerns, b...
June 21, 2024
White house News Conference with the italian prime minister. President obama i did not get elected because the sponsorship of the Business Roundtable or chamber of commerce. The reason im doing it is because i know this is an important thing to do and i know it sends a signal throughout asia that we are out there competing and we are going to help maintain International Rules that are fair for everybody. Emily obama is seeking to close a deal with 11 other nations that would cover 40 percent of ...
June 21, 2024
President obama i did not get elected because the sponsorship of the Business Roundtable or chamber of commerce. The reason im doing it is because i know this is an important thing to do and i know it sends a signal throughout asia that we are out there competing and we are going to help maintain International Rules that are fair for everybody. Emily obama is seeking to close a deal with 11 other nations that would cover 40 percent of global trade. The u. S. Trade representative is going to toky...
June 21, 2024
To bring the internet to the farthest corners of the earth. And win billions of new users in the process. Our guest today on this special edition of studio 1. 0 is facebook founder and ceo mark zuckerberg. So first of all, you are a year and a half into this now. Tell me your vision. And tell me what inspired you to do this. Mark when people are connected, we can just do some great things. We have the opportunity to get access to jobs, education, health, new kinds of communication. We bring peop...
June 20, 2024
Last quarter. And the fed wraps up a twoday meeting. Theyre widely expected to taper its monthly asset pure chases by 25 billion. Investors will look for hint on any timing of future rate hikes. A lot to digest this morning. Michelle, over to you. Lots of stock moves this morning, too, becky. Twitter shares soaring huge move after hours. Earnings and revenues beat the street and the microbloging site halted a slowdown in the user growth in the quarter. Among the catalysts, the summers world cup....
June 19, 2024
In sydney. Im Annabelle Droulers in hong kong. I am kathleen hays. Conscious sentiment as traders recalibrate rate hike expectations. All major u. S. Indices had their worst months since june. The cleveland fed president makes it clear she does not expect the central bank to cut rates next year. She says they need to be above 4 . Australia holds a economic summit in canberra. Now, august is ending with a whimper rather than a bang. The likelihood of a fed visit pivot is embraced after the jackso...
June 17, 2024
The only problem, theres not much of a plan to sell. Instead, hes Warning Congress not to disappoint him. And the number out tonight of american whos believe President Trump is tearing the country apart. The 11th hour begins now. Good evening once again from our nbc news headquarters here in new york. Im ali velshi in for brian williams. There was day 223 of the Trump Administration and tonight, harvey has been downgraded to a tropical depression after a dramatic day of rescues played out on tel...
June 17, 2024
Good evening once again from our nbc news headquarters here in new york. Im ali velshi in for brian williams. There was day 223 of the Trump Administration and tonight, harvey has been downgraded to a tropical depression after a dramatic day of rescues played out on televisions across the nation. The president had hoped to win the news cycle with tax reform after his speech in missouri, but instead, and again tonight, its russia providing a slew of dramatic headlines. Just in the past few hours ...
June 17, 2024
Of mearpds americans who believe President Trump is tearing the country apart. The 11th hour begins now. Good evening once again from our nbc news headquarters here in new york. Im ali velshi in for brian williams. There was day 223 of the Trump Administration and tonight, harvey has been downgraded to a tropical depression after a dramatic day of rescues played out on televisions across the nation. The president had hoped to win the news cycle with tax reform after his speech in missouri, but i...