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July 16, 2024
New record. So theres hope. Sentiment mixed as Congress Faces a crucial week, folks. It needs to pass a spending bill to avoid a Government Shutdown on friday as well as billions and billions in coronavirus stimulus package to help struggling businesses and americans. Weve got up to the minute details. We are about to take you live to the white house. Meanwhile, college kids now protesting tuition costs, refusing to pay after being forced to learn online during the pandemic. The ceo of Online Ed...
July 16, 2024
Administration looks at the reopening of longshuttered trade routes mean for u. S. Business, not just israel and of course these other nations, but u. S. Business and could saudi arabia and maybe even iran be next to step up . The president s director of trade and Manufacturing Policy, Peter Navarro, will join us live on what this relationship might just do to boost trade in americas struggling covid economy. Rivalry on the baseball diamond still in full swing. Game three of the world series set...
July 16, 2024
Country out of its worst economic slump in decades. The deadline draws near for tiktok to divest it u. S. Assets, reports a shutdown of its priced app for sale. We have breaking news. Oftbank will be selling this as bloomberg learned softbank was trying to strike this deal that could be valuing it at 40 billion. Arm, weis deal to sell could have seen softbank reviving those stocks about taking the group privates. We are hearing that softbank divisionelling its arm to nvidia. This would be a 40 b...
July 16, 2024
Good morning welcome to squawk box. Im becky quick with joe kernen and Andrew Ross Sorkin weve been on a bit of a winning streak up four days in a row. Yesterday the dow was up this morning, you are seeing a little pull back dow down s p down and nasdaq off by 172 yesterday, Goldman Sachs helped. Good news from moderna godm goldman came out with much better numbers than anticipated. Also looking at the trezy yield. The 10year is sitting about 0. 622 good morning. As joe mentioned earlier the twi...
July 16, 2024
China sea. Coronavirus cases are in the u. S. Florida passes new york is the second highest state after california. Gold futures had a record, beating levels last seen in 2011. Sasol are plunges. Lets take a look at how export thesis shaking up when it comes to the start of trading here in asia. This is what we are seeing when we are seeing futures. U. S. Stocks fell for a second day on friday. There is a faltering sense of recovery in the u. S. This is expected to focus on unemployment insuranc...
July 16, 2024
They are outside allentown, pennsylvania. We will keep our eyes and ears on it in case any news breaks. In the meantime, as the president visits the keystone state, elsewhere, other states are taking more and more steps to get business back to normal. You have been hearing about it all day. But they cant do it without data. Where are the covid outbreaks so they can douse them as quickly as possible. Weve got a fox business exclusive with the Company Already helping governors around the nation se...
July 16, 2024
120 reports are in, but next week is the big week for earnings reports. Yearoveryear Earnings Growth is down 17. 6 right now as we stand. The s p before today was down 13. 4 this year. He did make back some of that ground lost, but we will see what comes our way next week. The 10 year yield has been in its range as well. We have crude limits high for the week, but nevertheless, up and helping to send Oil Companies higher. Down 0. 4 , but still around 17. 25 an ounce. Lets get back to what is hap...
July 16, 2024
Still hovering at just 16 a barrel in the futures market the ceo of the oil and gas Drilling Company pattersonuti energy will be here. That as another 4. 4 million of americans file for jobless claims in just one more week bringing the total to more than 26 million in the past five weeks. Its a stunning number well dig into it. Kelly, over to you tyler, thanks its been a volatile day in the market after the gilead report hit the requires about an hour ago. Lets get to bob for more. Kelly, i want...
July 16, 2024
Hoping to get a recovery after drop that we had since december. A s flip the board and have look at your individual benchmarks as well. Reported, a bit of a surprise when it comes to recovery broadbased as you can see across the markets there as well. And flip things along change things, have a look at your currency markets there, the second one is perhaps one of the measures, if you will, have u to be able to say we properly priced in risk remium on the iran story and has it been priced out. Yo...
July 16, 2024
The citys chief minister says the air has become unbearable. Lewis hamilton will start the us formula one grand prix in fifth position on the grid, but is still poised to win the world drivers championship. And click checks out what made in taiwan means now in the 21st century. Thats in half an hour, here on bbc news. Good afternoon. The leader of the brexit party, nigel farage, has announced he wont be a candidate at next months general election. Mr farage, who has tried to become an mp seven t...