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June 30, 2024
Fbn am starts right now. Cheryl 501 am in new york days number 28 and cheryl casone. Lauren november is flying by. Cheryl almost over actually. Lauren always the tax bill in the deadline could President Trump to meet with senators on tax reform this afternoon ahead of a possible Senate Floor Vote later this week in office the day after the president met with key members of the Senate Finance committee. You will be the biggest tax reduction in the history of our country parents and i think its do...
June 30, 2024
From the start of the session. Lets have a look at what is going on. Done. Ally is not average. The today it can go higher. We have the Shanghai Stock Exchange positive. A clear outperformance. This is what we have in the moment. Lets take a look at the here and now. Find out what is going on in singapore. Subdued. Ubdue mostly lower when it comes to sessions there. The deck one races to 10,000. Not look like it is helping in taiwan so far. Take a look at the big picture. Very much as crude focu...
June 30, 2024
Live. A commodities crunch. Metals and oils we on asian markets. Lets look into european trade. Of 570expects charges million euros. The ceo will unveil new financial targets very shortly. Are less than half an hour away from the open. Lets take a look at the equity index futures. Pointing down on the continent and substantial drops for futures, more than. 51 each. The ftse futures are all changed yields heading down, 33. 5. Guy mark carney is talking about stress tests, lets listen to what he h...
June 30, 2024
Republican establishment, we take that up with greg jarrett and chris ferrel in moments, also democrats under fire, congressman john conyers stepping down as Ranking Member of House Judiciary Committee amid allegations of sexual harassment. But congressman conyers has surprise support of House Minority leader, nancy pelosi who defending congressman conyers as an icon. In pehl approximately pelosi me law and to be judged by a lower standard than mere republicans or any other citizen not a leftist...
June 30, 2024
Schumer and house leader nancy pelosi over a scheduled meeting that has now been canceled. It was supposed to be at this exact time. But there was a a tiff over a tweet in which the president says he does not see a deal on funding the government remember, government runs out of money december 8th because he feels that the opinions are not aligned and the goals are not aligned between the gop and these democrats that says they want to raise taxes, theyre weak on crime and quote i dont see a deal....
June 30, 2024
So theyre not showing up for the meeting. I will say this, in light of the Missile Launch much, probably they will be here fairly quickly, or at least discussions will start taking place fairly quickly. I think that were in a very good position in terms of the meeting we just had over at the capitol with the republican senators. It was outstanding. I think we have tremendous support. I was just informed by mitch had a unanimous vote from the republican side at least. We had a unanimous vote on t...
June 30, 2024
Julie he downplayed the need of more regulation of the Banking Sector and was on the same page fed inet yellens terms of raising rates in december. Stocks take a leg lower on these headlines coming out of north korea, the north korea fired a Ballistic Missile. Stocks now paring some of their gains, the nasdaq just went negative in the past few moments after they had all been trading a record. The kbw tank index is up here, as that was my thing rising more. Banking stocks to continue to rise conn...
June 30, 2024
The coal industrys wearing off on the Trump Administrations plan to appeal a plan to limit carbon emissions. The state is heavily dependent on coal mining. Global news powered by 2700 journalists and analysts in 120 countries. This is bloomberg. Julia live from bloomberg headquarters in new york, [laughter] julia sorry. Scarlet we are 30 minutes from the close of trading. Jay powell talked of deregulation. Joe whatd you miss . Scarlet lets move on to the headlines. We begin with the tax overhaul...
June 30, 2024
Let us quickly check on the markets. Quite a lot going on. I am looking at the stoxx 600 in europe which is gaining a touch on the backs of gains in Energy Companies and a bullish outlook from one of the sectors bellwether. Looking at the dollar. And the fed and what we will hear from powell. Therude oil including impact of the opec meeting. We need to wait a little more to see how long we will cut production. A lineup our lineup today is looking pretty good. We feature some of the top names in ...
June 30, 2024
Time. So in that statement that they will meet with ryan and mcconnell instead, that makes them, sounds like they put a lot more faith into mcconnell and ryan than they have in the past at least with that statement. Neil you think about it, wasnt that longing a they cobbled together this separate deal to keep the government lights on for another few weeks. Right. Neil being north of four weeks. So at the time, it was sort of like seen as a bipartisan olive branch on both sides, now gone. Thats r...