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July 16, 2024
Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earni...
July 16, 2024
Plus price of gasoline continue to go plummet. Mornings with maria begins right now. Lets check markets this morning. Closing out the week in europe, european indices are higher across the board. Ftse 100 is up 173 points, cac quarante up 231 and dax up 349 points. Bank of england cut rates of wasnt tenth of a percent, marks rally in asia overnight. China keeping lending rate unchanged but said the future easing the likely. Markets in japan are closed and the markets were higher across the board...
July 16, 2024
Gma. Decision d millions of americans head to the polls this super tuesday. The biggest day for the democratic nomination by far. 15 crucial contests, joe biden picks up three big endorsements overnight from his former rivals. Folks, this is a team. Bernie sanders looks to build on his lead. The political establishment is getting nervous. And Michael Bloomberg appears on the ballot for the first time. Our Powerhouse Political Team spread out across the country covering it all. On air stunner. Lo...
July 16, 2024
Military honors to hundreds of vets and families. It is march 5th. Here is todays eye opener, your world in 90 seconds. News on the first death in the state of california related to covid19. California declares a state of emergency. Another cruise ship is held off the coast of california because of coronavirus symptoms. I havent touched my face in weeks, in weeks. I miss it. Im glad to say i endorse joe biden. Mike bloomberg announced he is ending his campaign, pledging his considerable resource...
July 16, 2024
Certainly the same as it had been in the past the labor market remains strong. Economic activity is rising as a moderate rate, these are the same phrases used in the prior statement in september job gains, Unemployment Rate has remained low Business Investment and exports both have weakened the fed says. Inflation remains below the 2 target the fed says a sustained expansion, stronger labor market and inflation near the target are the most likely outcomes uncertainties about this outlook remain ...
July 16, 2024
Matt we have markets sapped in terms of their rally stamina because of amazons profit. Seen int reduction have a couple of years. The reason is one jeff bezos promised he would be delivering since the ipo. They are investing for growth, spending 1. 5 billion dollars in order to get customers free one day delivery and market share. Nejra they are certainly delivering on that. That has helped sales, but not delivered as much as investors might want. Boris johnson wanting to deliver that election b...
July 7, 2024
Jones industrials up 18 points and s p up 17 and nasdaq gaining five and all off highs of the session and the big market story of the day that may very well be what is keeping a cap on some of these gains here. New York Community bank as we take this interday chart full through the entire screen, were doing that because they resumed trading due to two hour plus halt due to volatility and throughout the session and it was halted starting just before noon eastern time due to volatility and it was ...
July 7, 2024
It is not for some foundation with a bunch of old white guys to tell you what you should or should not do with your body, especially when they do not support agencies like casa. Chair powell good afternoon. Before discussing todays meeting, let me comment briefly on recent development in the Banking Sector. Conditions in that sector have broadly improved since early march and the u. S. Banking system is sound and resilient. We will continue to monitor conditions in the sector. We are committed t...
July 3, 2024
But diplomatically, its a sensitive issue because a takeover of the american steelmaker crosses over into Election Year politics for president joe biden. Thats according to corporate lawyer nick wall, from allen overy in tokyo. He is ina he is in a difficult position here. The pressure of the union on one side and the strongest ally in the region and a strong supporter of us industry on the other side. Supporter of us industry on the otherside. He supporter of us industry on the other side other...
July 3, 2024
Forjapan, the merger represents a major opportunity to link up operations around the world, in an industry where bigger is better. But diplomatically, its a sensitive issue because a takeover of the american steelmaker crosses over into Election Year politics for president joe biden. Thats according to corporate lawyer nick wall, from allen overy in tokyo. He is in a difficult position here. The pressure of the union on one side and the strongest ally in the region and a strong supporter of us i...