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June 21, 2024
Two if by sea. Jane wells covering the problems out at the ports. She is live between the ports of l. A. And long beach, and, diana olich is on the land. Surf and turf here. Shes on the land in washington. Interest rates rising. Home Sales Numbers not. Diana, youre first. Well tyler, look spring housing is not getting off to the best start. Higher Interest Rates in a pitful supply of homes for sale are squeezing potential buyers. Now, Weekly Mortgage applications showed just how sensitive todays...
June 21, 2024
Morning, 4b low zero. That will be the feels like reading. So we will have blustery conditions, coming our way. It will be the the coldest we have seen since last winter. We will talk more about that coming up later in the broadcast but what about tonight, an area roads, our meteorologist kate bilo is with the mobile weather lab in the overbrook section of philadelphia with more on what to expect tonight hit kate. Hi kathy. We saw sun coming out and a little glimpse have blue sky before the dark...
June 21, 2024
Rebuild trust over fears of discrimination. This is Aljazeera America live from new york city. Im libby casey. A 12 year standoff between iran and world powers is no more this morning. President obama calls a new Framework Agreement over Irans Nuclear program historic, but washington critics and overseas urge caution. In iran, thousands gathered in the streets of the capitol to celebrate the Framework Agreement. We have that part of the story. A heros welcome for the Iranian Foreign minister. He...
June 21, 2024
Might strain storage limits. A strike in the oil patch may be over. The union has less workers and has reached a you with royal dutch shell. The united steelworkers say they are getting paid and health care increases. Federal officials want to know if bill ackman tried to manipulate herbalife stock. The fbi says that he and people working for him are being investigated. He made a billiondollar bet against herbalife shares. Ackman claims that herbalife marketing is effectively a pyramid scheme. H...
June 21, 2024
9 00 tuesday morning. Welcome to the pulse live from bloombergs european headquarters. Were here in london. Im guy johnson. My colleague, Francine Lacqua in dubai today. Japan kept its record stimulus unchanged. Kuroda said he cant rule out a dip below zero. The the bank of japans 2 target slipping away. All of this money and still inflation moves south. Guy yeah, it is not a happy place for a central bank to be. Kuroda said a lot of this has to do with oil prices and he is expecting it to wash ...
June 21, 2024
Alix here are the top stories we are watching. Consumer spending climbing in march, enough to keep the u. S. Economy from drinking. Purchases rose. 04 points are. 04 . The Labor Department reporting that wages for a private sector employees climbed 0. 7 in the First Quarter. Wages were up nearly 3 the biggest gain in more than six years. Shares of omnicare arising. The company said to be drawing interest from potential buyers. Potential bidders also include walgreens, boost alliance, and mckesso...
June 21, 2024
So important so you can use them to make your next move. And then there is this. Well, this is no fun. Thats i95 near washington. No major injuries fortunately, but when traffic is backed up for miles, is that gasoline tanker blocking all southbound lanes. And on that road a million times and that is a day worth of trouble. Lets get straight to this selloff on the street. The dow and the s p wiping out their gains for 2015. Oil moving lower. Bob on the New York Stock Exchange. Sarah eisen and wh...
June 21, 2024
Off 20. 6 and the nasdaq, thats the one thats off 39 as you can see right there. Also keeping an eye on the small caps. Flipping through and looking for the names as they get more attention on the valuation here and more and more people want to play these as a way to protect themselves against some of these external currency moves. Watch this index for signs of overvaluation or a pull back. Whats calling the shots today . Oil has been continuing to move lower on more evidence of ever higher inve...
June 21, 2024
Whats right for the economy when it sees fit and may or may not be patient depending on whether patience is required or warranted. The dow gained and the s p gained 2. 22 and the nasdaq. So we go back to what brought us up here profit outlooks opportunity, and most important, pentup demand. No not pentup demand for laborer sales or new homes. Pentup demand for stocks. As so many Portfolio Managers wanted to be sure the fed wasnt going to create another they know nothing moment and crash stocks l...
June 21, 2024
Meek mike iscrosoft is suffering as well. You could argue that the dow would be doing better if it werent for that development. At the same time you have a company like disney contributing about 33 points of the gains that were seeing today. Dow is up 1. 4 which is outperforming the s p and nasdaq. Theres disney up almost 4 . If nothing else frozen 2 and star wars 8, is it . Ive lost count. But, yes, a real tugofwar of sectors that well be talking about over the next couple of hours. Another sto...