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June 19, 2024
Looking for a fresh start after ugly trading days last week. Yields are rising as debate over who will be the next fed chair picks up steam. Sax seeing more markdowns for womens shoes, handbags and menswear but its not bad news for the consumer companies. Jpmorgan upgrading Dollar General. Entell upgrade over at piper saying pcs are not down for the count yet. Futures, as we said, slightly lower after the major indices posted the first backtoback weekly losses in june. Worst week for the dow thi...
June 19, 2024
There will be a change of command at the veterans fairs department. The president announced the move today. A few minutes ago secretary shinseki offered me his resignation. With considerable regret i accepted. It comes after the report revealed that veterans wait times were manipulated in 60 of facilities investigated, and Al Jazeera White house correspondent Mike Viqueira has been covering this story all day, and mike, the problems at the v. A. Hospitals do not end with shinsekis departure. Rep...
June 19, 2024
Traveled on stolen passports perdomo to bring in Richard Falkenrath who served as National Security adviser under george w. Bush and currency a fellow at the council on foreign relations. Richard, you dealt with several incidences like this as well. What is your inclination, you got instinct . An act of terrorism . 5050. Very unusual for airplanes to catastrophically blow up in the middle of flight when they are at altitude but it is also unusual for them to be attacked by terrorists. Inres very...
June 19, 2024
Considering a Corporate Tax cut to help that line. And uk housing data and german sentiment. As for the road map, it starts with the jcpenney ceo bill ackman resigns. And yums sales in china is an important market falling more than expected in july. And pc problems with microsoft downgraded by stifl nicolas, and is the stocks bull run coming on an end, and forget the planes and trains and automobiles, because e lon musk is out with the hyperloop. Put it out on the interneshgts a internet, and it...
June 19, 2024
My take is dont get too excited. Why . Because we just found out why weve been going up. Weve been going up, s p, people trying to figure out why. You have good employment. You have workforce growth and the hours not that great because of the weather, but i think you say to yourself, well, why is the s p going up every day . Oh, employment has gotten better and thats a major switch would it shock me if the market takes some profits in this . No, because its been going up on anticipation of somet...
June 19, 2024
A billion. I did not say that, jim. Youre my hero. You know that. Mark haynes introducing cramer for the first time here. The first time on cnbc. Oh, i loved them. This the networks 25th anniversary. Well bring you highlights later in the morning. Welcome to squawk on the street. Im Carl Quintanilla with jim. Faber is up town at the nasdaq today. Hell bring us key interviews including Morgan Stanleys james goreman later on. Massive day for earnings. Big cap banks, industrials, tech, s p on track...
June 19, 2024
The ceo of the unit steps down. Samsung flags up a sharp drop in profits for q2 as consumers in china and europe hang up the hand set. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome to worldwide exchange. U. S. Regulators look to be turning their sights on germany on a crackdown on some of europes biggest banks. They have begun settlement discussions with commerzbank. The bank could be facing a fine around 500 million as part of the ...
June 19, 2024
The executive director of the American Society of comptrollers. Without further ado, please join me in welcoming one of my favorites, robert hale. [applause] good morning. How is everyone doing . Listen, i am glad to be here. For a number of reasons. One of them is that comptrollers do not get invited out that much. I have a number of stories. Bad news is you have a serious problem and if you dont have an immediate transplant, youre going to die. But the good news is i have three donors, you can...
June 19, 2024
Assisting individuals with federal and state benefit programs. Most navigators are nonprofit, nonpartisan Community Service providers and have effective privacy provisions in place. Those are the facts and the show good news. You talking your Opening Statement about the navigators were going from door to door and that is a concern. Thats why we have to have the real navigators in place so they can sign people up. Just yesterday hhs, doj and the ftc announced a massive antifraud effort. I would s...
June 19, 2024
I also just received a huge honor of being selected National High School Principal of the year. Worcester is the second largest city in new england and worcester tech this the largest high school in a city. With 1400 students in 24 different tactical programs within for small learning communities. 63 of our students qualify for free or reduced lunch, 19 our special ed and ethnic background reflects the citys demographics. We were the lowest performing high school in our city and one of the poore...