Jeff Schuster News Today

Good morning to you all. Welcome to cnn this morning. Im amara walker. And im victor black well. So good to be with you. Tropical Storm Warnings are in effect this morning as lee is downgraded from a hurricane to a post Tropical Cyclone. New england starting to feel the impact of the massive storm. Boston logan is experiencing a spike in Flight Cancellations. So far, 25 of flights leaving boston have been cancelled. Thats according to flight awe ware. Lee is not expected to make landfall, but co...

Data and they have a different much smaller number. Stephanie say it aint so, mr. Trump. Time to give you the top stories 32 big drugmakers reported earnings. Pfizer posted secondquarter revenue and profit that beat analyst estimates. Sales of its new cancer drug rose. Meanwhile, mercks secondquarter profit fell. Merck also raised its profit forecast for the year. The profits surge in the second quarter. At ford. Earning has rose 44 beating estimates. The reason, the demands for the numa aluminu...

The month of july. The month earlier, jim, was 99. 8. It was at the second highest level since the recession. 100 was the economists estimate. 90. 9. We are seeing Consumer Confidence worse than estimated. Im looking at the s p 500 on the screen behind me. It looks like we are not seeing a huge effect. If anything, stocks have rallied off of the lows of this early session. We will continue to watch the reactions, and the read through to the fed which begins its meeting today. Matt thank you. Let...

I look to the stoxx 600. What are people saying . Jonathan the only good news is we are on session we open much lower, down as much as 3 at one point. It is classic risk aversion to equities. Yields go lower, the dollar yen goes below 120. For me, the big headline is china, china, china. Nonmanufacturing pmi. The story we have been told over the past 12 months is short their manufacturing will weaken but services will improve. Erik i want to bring mike into this as well. Is vicks is what everyon...

You are watching Market Makers on bloomberg television. I am matt miller in for stephanie ruhle. It is a day of terror, shock and morning in paris. Security has been tightened to its lot to his ties level. Masked gunmen killed 12 people and wounded eight others in the shootings of the offices of a french satirical newspaper. The Associated Press says the chief editor of the newspaper and two Police Officers are among the dead. The attackers remain at large. Francois hollande says the country is ...

TROY, Mich.--J.D. Power: The Total Sales Forecast Total new-vehicle sales for May 2024, including retail and non-retail transactions, are projected to reach 1,446,800 units, a 2.9% increase from May 2023 on a selling day adjusted basis, according to a joint forecast from J.D. Power and GlobalData. May 2024 has 26 selling days, one more than May 2023.

What are the key trends and changes shaping the automotive market going forward, and what can dealerships do to meet them?

According to preliminary estimates released by GlobalData, US Light Vehicle sales declined by 3.9% YoY in April, to 1.32 million units.

GM CEO Mary Barra on premium EVs.

Just Auto reviews the week's analysis, features, interviews and news