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CNBC Power Lunch July 12, 2024

Juniors bakery took a ppp loan at the beginning of the pandemic now the company has been laying off its workers. All 650 workers. Some have come back. Well take a look what the they have done with the money the owner will be back with us a little bit later today on power lunch which starts right now. Thank you, bill. Welcome. The s p hitsi inhitting its hig level. Lets get to bob with more on those market moves for us. Bob. Kelly, five straight up days for the s p 500 and Global Markets are rall...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Although probeijing officials have said we should not be too concerned, it will lead to stability in the city. 7 . Sci asia pacific down it is certainly something of a riskoff mood, following off what we saw toward the end of play on friday in the u. S. The nikkei is down more than 1 . In the mainland, you have a bit of pressure as well a despite industrial profits up 6 coming in over the weekend for the month of may. On to the next board. We will be looking at the currencies. A bit of dollar we...
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FBC Lou Dobbs Tonight July 12, 2024

Administration acted improperly by terminating the program in 2017. That is the last clearcut statement from the majority opinion. The courts reasoning, tortured throughout, and these five justices appear confused as they often do when roberts, the chief justice, is the swing vote. For example, this ruling does not touch the merits of the program, meaning daca remains in place but it could end at the hand rather the pin of this or any other administration. President trump reacting on twitter. He...
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BLOOMBERG Bloomberg Technology July 12, 2024

Published. Meantime, facebook is making a big change to its ad business, announcing it will allow people to opt out of seeing political ads on facebook and instagram. Users will be able to mute electoral ads and ads on social issues as well. For more, i want to bring in purses and strategies founding partner, who was before that president obamas Reelection Campaign digital director. Teddy, good to have you back on the show. Facebook may the controversial decision to not factcheck political ads, ...
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CNBC Squawk On The Street July 12, 2024

June. There are segments of this economy that were very strong before the pandemic and they are resuming their strength. There are other ones that are just plain baffling. I think we are all surprised that retail is doing better, but then we remember target, walmart, costco, these places added people and then the incredible one, the only sector that really seems to be being heard is the one that has the social distancing problem which is restaurants it seems the travel and hospitality people are...
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BLOOMBERG Bloomberg Markets European Close July 12, 2024

The s p is up. The pmi data driving the euro higher. You are seeing a little bit of a market, buthe bond its not a big one. Its not really reacting in the same way that the rest of the market is. We have some great guests lined up. Hour, up later on in the the former secretarygeneral of nato and former Prime Minister of denmark. We will get his take on whether europe is capable of standing up to china. He wrote an interesting piece today. We will get more on that. Alix to start focusing in on eu...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Asiapacific benchmark. Jakarta coming online. Of 1 . F 6 10 u. S. Futures are flat and so are nifty futures. At thatbe looking downgrade of indias outlook to negative. The country at risk of falling into junk status. When it comes to some of these markets, singapore reopening phase two today. The peak p, is the biggest loser on the board. Elevated. Ocks are we are expecting that we could see some action from the pboc in the next coming days. Could we see it in the form of a triple are cut . The ...
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CNBC Squawk On The Street July 12, 2024

Continues to rise significantly in terms of the virus and we talked a lot and well hear from meg again and meg has been following it so closely for us and the market only seems to go up as the cases go up. That is leaving some people scratching their heads and others view it as were going to get to the other side and a view of what the economy will look like and then you come back to the fed, carl, which seems to be the fuel that everybody sort of points to as the key fuel, i should say, for thi...
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FBC Mornings With Maria Bartiromo July 12, 2024

Standout. Take a look, the nasdaq closing above 10,000 which is a now record high, the other majors under pressure. Ordering food delivery. Grubhub to be acquired by European Company leaving uber empty handed. Grubhub soaring this morning, almost 50 7 rather on grub hub. Dont miss that. Valuable insight. President trump headed to dallas to talk Police Reform as protestors continue to take to the streets across the country. We have all the latest happenings coming up. The next jobs in america, wi...
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FBC Varney Company July 12, 2024

Starts. That means demand up for Mortgage Applications, supply going up in the future. That follows a remarkable improvement in the outlook for home builders. They are much more optimistic. The housing rebound would give the overall economy a real boost just when it really needs it. Now lets get to the market. Again, look at this. We are going up again, not much, going up at least at the opening bell. The rally continues. The dow up maybe 70. S p, maybe 10. Nasdaq, better gain, up nearly a half ...
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