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FBC WSJ At Large With Gerry Baker July 14, 2024

Right before another president ial election. The big worry is uncertainty about trade. The u. S. Is threatening to ramp up tariffs on china, and it isnt clear when it will stop. Corporate executives say the uncertainty is making them less inclined to make new investments until the coast clears. Meantime, economies in the rest of the world are slowing. Now, in times of trouble the Federal Reserve usually cuts Interest Rates to make it cheaper for businesses and households to borrow, invest and sp...
United States Jerome Powell Janet Yellen States Jon Alan Greenspan Paul Volcker

FBC WSJ At Large With Gerry Baker July 14, 2024

Been pressing the fed with ever greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been goi...
United States United Kingdom Hong Kong South Korea Tiananmen Square Pat Toomey

BLOOMBERG Bloomberg Daybreak Americas July 14, 2024

Karen lee, as well as in france, maria tadeo, and in jackson, karen hole, wyoming, Michael Mckee. First, we want to start in asia. China willorts that soon unveil retaliatory tariffs. Karen . Reporter based on what we know, china will take further retaliatory measures on billions of dollars of chinese goods measures in retaliation to tariffs on billions of dollars of chinese goods. At the same time, we have unrest in hong kong. We will be looking to see what those tariffs are. No details were re...
New York United States Hong Kong Jackson Hole South Korea South Korean

FBC Lou Dobbs Tonight July 14, 2024

Recession. A recession would be very worth getting rid of donald trump. There are plenty of signs of a possible recession. If we did face a recession, it would be normal and it will be okay. Is there a wing of administration that wants to be tough in china . Even those realizing the importance of getting a deal done with china if they want to have a job four years from now. The president today reminded all americans of the beijing decades of poetry trade practices, china theft of technology and ...
New York United States Southern District Hong Kong General Hong Kong New South Wales

BLOOMBERG Best Of Bloomberg Technology July 14, 2024

What the Companies Say they are doing about it. And peering into palantir. Our exclusive conversation with the ceo of one of techs most secretive companies. Alex karp tells us why protesters wont stop them from doing business with the Trump Administration. But first, the u. S. Announced they will extend a limited set of exemptions that have protected Rural Networks and other customers from doing business with huawei. This comes as the trade war rages on with the u. S. One tech ceo is taking his ...
Andhra Pradesh United States Hong Kong China Sea Brunei General Emily Chang

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FBC Varney Company July 14, 2024

Extraordinary development. The former new york fed president says the Federal Reserve should not quote, bail out an administration that keeps making bad choices on trade policy. Hes gone political. Dont lower rates to help trumps reelection . An antitrump guy urging the fed to work against President Trump . You got to sthak yohake your he that one. Unfortunately, thats what most financial people are saying today. Hes wrong. Now the market. Even with a sharp yield curve inversion, stocks show a s...
New York United States New Hampshire North Carolina United Kingdom Hong Kong

FBC WSJ At Large With Gerry Baker July 14, 2024

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs ...
United States United Kingdom Hong Kong South Korea Tiananmen Square Truecar Gerry

BLOOMBERG Bloomberg Markets Balance Of Power July 14, 2024

Runup to the brexit deadline. That is important, because of any mps oppose the brexit strategy, they will have little time to block it. David thank you so much for reporting from london. That is emma chandra. Now we go to washington and Wendy Benjaminson. Today is the deadline for the third democratic debate . Wendy today is the deadline for the september 12 and mainly and may be september 13 debate in houston, texas. Today the dnc announced they will not tell us who made the debate stage until ...
New York United States Hong Kong United Kingdom District Of Columbia City Of

FBC WSJ At Large With Gerry Baker July 14, 2024

Jobs and deliver new products to customers. They bring opportunities to suppliers and the economy grows. Now that it is challenged within boardrooms, ceos from 181 of the nations largest and most influential companies, jp morgan, amazon, apple, walmart, general orders and Fox Corporation signed a statement saying that responsibilities beyond profit for investors. Their responsibilities also include supporting their communities, protecting the environment, prospering inclusion and training for wo...
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FBC Cavuto Coast To Coast July 14, 2024

Oil prices end disproportionate weighting with the dow, components like exxon, chevron mobile dominating the scene. Lets go to Edward Lawrence with the latest from the white house on the trade front. Edward what are we hearing . It is fish. U. S. Trade Representatives Office filed to increase tariffs on last 300 billion of chinese imports from 10 to 15 . It will go into effect in two faces. First phase of 15 happens this sunday. You see items on the screen will be affected. The second batch goes...
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