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July 16, 2024
This busy morning and checking with steve on those temperatures. 40s and 50s with a lot of cloud cover south for central Southern California and eventually arizona but not for us there could be a little bit of the focus though looks to be monterey and fresno south, much of the north it just will not happen. But it will be a huge event in Southern California once it gets going but that might not be until tuesday. Highs in the 60s which is welcome back, ridesharing pretty close to where we should ...
July 16, 2024
Going to me on the phone is chuck grom, Gordon Haskett retail analyst. Joining me in new york is Lauren Goodwin, new york life multiasset per folio strategist, and Brooke Sutherland of bloomberg opinion. Give us a rundown of where walmart fell short. Brooke it was not great all the way around. The fourthquarter came in weaker than expected, and they called out unexpected softness in the weeks leading up to christmas, which is not what you want to hear from a major retailer. That is in line with ...
July 16, 2024
And we work with partners and allies to make sure they do something similar. Pedro who peter who is the we . The executive branch. We are requesting that the administration develop a broadband strategy, a copperheads of strategy and a public strategy, recognizing the challenges and threats that come from development of 5g technologies in other countries, that we from a government perspective or a private sector perspective and publicsector perspective understand the challenges and potential thre...
July 16, 2024
Lower yet again. Nasdaq is coming off its first backtoback losses in three weeks. Nasdaq would open lower by 20. Dow down by 50 and the s p by about 5. 5. And the latest s p caseshiller report is out, showing 3. 3 gain in home prices during october compared to one year ago our road map starts with the decade long bull run stocks on track for their best year since 2013. Markets poised for a lower open on this final trading day of 2019 plus, uber and postmates sue california the ride hailing giant...
July 16, 2024
Nearly every major Global Market and asset class saw positive returns in 2019. The big question, what can you expect for the money heading into the new year . Its time to break out the 2020 playbook guy adami, what do you have for us first of all, courtney in all the years weve been doing the show this is the first time you hoeft. On behalf of all of us i wish amazing to have you. Great to have you. Thank you, thank you. New kid on the block here. Its fantastic to have you. In terms of whats wor...
July 16, 2024
Will go back to the auditorium at the Cato Institute for the 2019 cato surveillance conference. Senior fellow, thank you both to those watching at home for joining us. As i mentioned at the start of the conference we focused on issues of surveillance oversight and this years conference or this morning you heard about an array of institutions and entities and persons who work to oversee the secret use of intelligence collection. This ranges from the pfizer court to the inspectors general to gover...
July 16, 2024
Afternoon, according to the United States Geological Survey it happened on the green gold vault at one 11 just 7 and a half miles east of black hawk usgs Officials Say very few events have happened on this fault line in the past 20 years, a 5. 4 and a 5. 8 per felt in 1980 livermore but thats about it. There were also a few aftershocks after todays earthquake. We expect this aftershock activity to decay with time and magnitudes are going to go down also shaking was reported all over the east bay...
July 16, 2024
The Chinese Military. There is a workaround to the blacklisting. Malaysias president is not satisfied with goldmans offer to settle the 1mdb case. Goldman sells me a killing on this. The fed stays in the spotlight. Top officials talk to us about rate cuts and policy plans. 50 basis points would be overdone. Its too early to know whether we should use the tool at all. And what magnitude we should apply. Its all straight ahead on bloomberg best. Taylor hello and welcome. I am taylor riggs. This is...
July 16, 2024
You are seeing the 10year yield around 2 . We will have plenty more on that and we had now to to the aspen festival and colorado where Michael Mckee is speaking exclusively with Federal Reserve bank of San Francisco president mary daly. Michael thank you. We do welcome mary daly to our live broadcast on Bloomberg Television worldwide from aspen. It is a nice place to be. Indeed. Market has priced more than a100 percent chance of a fed rate cut. Can you ignore that, can you ignore what the market...
July 16, 2024
And short form video startup quit be looking to raise another 500 million ahead of next years launch on top of the 1 billion it has already raised. Ceo meg whitman tells us how the servicele streaming will compete. First, major news out of apple. Apples chief designer, jony ive , longtime designer, is leaving the company to form a long time to form his own design company. Ive is responsible for the look of some of the iconic products including the iphone. We got a press release minutes ago from ...