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June 24, 2024
Lets get straight to the top story. Fed chair janet yel hn the floor yesterday, and she made it clear she isnt on the same page as her hawkish colleagues. Shes moving ahead carefully with the Central Banks decision on future rate hikes. In particular, developments abroad imply that meeting our objectives for employment and inflation will likely require a somewhat lower path to the federal funds rate than was anticipated in december. Given the risk to the outlook, i consider it appropriate for th...
June 24, 2024
Announcing on cnbc he is out of apple shares. The dow component turning lower on his comments. Its down 2. 25 . Find out why he says this stock is no longer a nobrainer. Plus Health Insurer aetna delivered strong earnings. Mark bertolini is back to talk about the impact obamacare is having on his business and the structural changes he would like to see in obamacare to get them more involved in the process. Even as United Health is pulling back. Also its not just doughnuts, its a burrito like one...
June 24, 2024
Lets get to bob pisani on the floor of the New York Stock Exchange. This is what it sounds like when doves fly. Very good. That was a good song. The important thing about it is since yesterday, were up 1. 5 . The s p 500, we turn positive for the year. Lets look at what the markets are doing in the middle of the day. Brian is right. Were in a bullish situation now. Two to one advancing declining stocks. New highs are expanding 200 at the nyse. Volume is on the moderate side. Volatility, well, th...
June 24, 2024
They were down yesterday on the weakness on the dollar. You can see this morning theyre back up by 1. 5 . Wti sitting just below 39. U. S. Crude stockpiles grew last week by 2. 6 Million Barrels. Thats less than the 3. 3 Million Barrels analysts had expected. A couple big stories this morning. The economical dar. A lot going on. Were going to get an early read today on fridays job numbers. Economists expecting an increase of 200,000 private sector jobs for march. Following that data, chicago fed...
June 24, 2024
Are we ready . I want to thank you all for coming today. This is a big thrill to be able to be working in the boston Public Market at the kitchen with the folks from the trustees of the reservation. I am doing this all with anastacia and for cspan books. This is the first time we have ever done a cspan book filming in in this space in the first time we have films in this space let me introduce myself. I am Louisa Kasdon and im the ceo of lets talk about food. Every friday we run a program that t...
June 24, 2024
And were going to get more numbers today. Our roadmap begins with apple shares falling in the premarket after the Company Reported a drop in Quarterly Sales for the first time in 13 years. So what happens now . We got reports that comcast in talks to buy dreamworks animation. That has the stock soaring this morning. Well give you the latest. And twitter shares down about 15 after reporting revenue that misses estimates. Well hear what jack dorsey had to say about the quarter. First up, the miss ...
June 24, 2024
[laughter] and he said that i will get back to you. And so about two hours later he talked to his wife and said okay. I said that i am happy to come back. So we had a wonderful relationship. I talk about a lot of these and make decisions and very often i would be getting input and he said i was the director. There was another time where steve and i were in a particular decision and everyone always talked about it. And he looked over and said i dont think that they will be making that kind of dec...
June 24, 2024
The dow ended day up 200 points. What a way to end the week. All major averages ending higher for the fourth week in a row. This is the longest winning streak in four months. Phil flynn, Price Futures Group and fox business contributor joins me now from the cme. Phil, everybody was saying when oil goes up, the markets go up. That happened today. But was there anything else . Well you know ill tell you, i still think this is partly due to mario draghi yesterday. They gave a major shot at stimulus...
June 24, 2024
Today, while donald trump has no scheduled events after their super wins last night. What a super tuesday. Nikole super sweep. The next president of the united states, donald trump. Nikole donald trump and Hillary Clinton cleaning up in a super night with wins in seven states. Now turning their fire towards each other. Believe me, i am a unifier. Once we get all of this finished, i am going to go after one person that is Hillary Clinton. Weve got work to do but that work, that work is not to mak...
June 24, 2024
On the peninsula in other areas including down toward the santa cruz mountain. A computer is stuck. I will send it to sal. Im just sitting here. My computer gets stuck to sometimes. I am passing the torch to you now. Did morning. If you are trying to leave the house let me show you something on the east shore freeway. We will go there and start on 80 westbound. It does not look bad. No major problems heading out to the bay bridge toll plaza. Once you get to the toll plaza you will see that traff...