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June 29, 2024
These storms. Whats harder is the cleanup that follows. Harvey shows people are still good and caring and selfreliant. And people know at some time it may be their turn. Immediate Disaster Response on the federal and local level has been improved. But you dont need psychic friends to tell you that florida will be pummeled again. Our reliance on federal programs incentivizes developers to keep building in flood zones. The National Flood Insurance Program subsidizes policies which you would think ...
June 29, 2024
Dollar, wees to the are watching for trade out of china this morning. It could come out this afternoon. We will be counting down to that. You have the currency, trade. Trade has been good. It the the currency has been strong. Chart 6568. There you have the onshore rate, blue. In there we go with this uptick. Unexpected growth this year are setting the weakness because of this pullback. Borrowing costs have been on the out across different cities, local governments in china. We have the fix in 17...
June 29, 2024
The Senate Passed the aid bill for Hurricane Harvey, the 15. 3 billion is nearly twice as much as President Trump requested, including raising the debt ceiling for three months under a deal democrats made with the president. Three people familiar with the matter say the white house is considering at least six candidates on the growing list of nominees to succeed fed chair janet yellen after the wall street journal reported wednesday that President Trump is unlikely to choose his top economic adv...
June 29, 2024
Crisis management. Russias Central Bank Governors as the Global Economy is coping with political turmoil. We have interviews with her and the finance minister. We are less than half an hour from the european open. I am looking at losses in equity index, futures, really across the board. You can see the the Index Futures down. 2 , as our ftse futures, dax futures down a little more. That doesnt show the picture of what a risk off they it is shaping up to be. If you look at bunds, you see it there...
June 29, 2024
These storms. Whats harder is the cleanup that follows. Harvey shows people are still good and caring and selfreliant. And people know at some time it may be their turn. Immediate Disaster Response on the federal and local level has been improved. But you dont need psychic friends to tell you that florida will be pummeled again. Our reliance on federal programs incentivizes developers to keep building in flood zones. The National Flood Insurance Program subsidizes policies which you would think ...
June 29, 2024
Take a look at why the u. S. Dollar is plumping. Cheryl exports are going to be more expense i have there. Japans nikkei down. 6 . Lauren massive cyberattack, exposes more than half of the population. Fbn am starts right now. Cheryl it is 5 01 a. M. In new york. Good morning, everybody, Cheryl Casone. Lauren happy friday, of course, we have to begin with Hurricane Irma. Cheryl yeah, we are going to talk about equifax, half of americans affected by security breach. So much news to get to. Lauren ...
June 29, 2024
Of her expected turn to the north. What nor floridians from the keys to jacksonville can expect as a result. At this hour, President Trump and speaker ryan having dinner together at the white house. Their sitdown coming one did i after President Trump shocked republican rhino leadership, turned leader mcconnell and speaker ryan on their heads. President trump taken charge and surerred in what appears to be a likely new era of bipartisanship by dismissing the ineffective Republican Leadership on ...
June 29, 2024
Somewhere between debating somewhere between 0. 25, 0. 5. Mark the British Chamber of commerce says the weaker pound is failing to boost u. K. Growth. We speak to the head of economics. This is bloomberg surveillance. Im mark barton in london. Check out european stocks today, on track for a weekly decline, continuing that trend of alternating between weekly drops and gains. Down today by 0. 2 on the european benchmark. Above 1. 20. Rising for a fifth day today, best run since august last year, a...
June 29, 2024
The week in washington, it would be unusual. I can think of another word, too. Donald trumps to strike a deal with the democrats. He tweeted this morning even worse the bill cleared Bipartisan Legislation to suspend the debt. Bloombergs chief washington correspondent joining us from capitol hill. Great to have you here. Today 90 republicans voting against the measure to increase the debt ceiling, including relief for Hurricane Harvey. Are you surprised by that number . Megan i am definitely not ...
June 29, 2024
Mainland confirmed just over an hour ago. Police in daisy west of ft. Lauderdale reporting a man died falling off the ladder preparing for the storm. Battling cuba and central bahamas with high winds and major surf. The storm is 380 miles southeast of florida with winds whipping at 155 miles per hour. Roads, look at that aerial. They are jammed. Gas supplies running low as those following Evacuation Orders head north. Weve got our reporters on the ground following every single move. Congressman ...