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Different kind of fed narrative evolve this year. There has been some rising angst but still some cuts are on the table. There is a little bit of froth and maybe it is deserved as you see powell shipped his narrative to things that allow him to cut. The important thing is that the fed and markets are nsync after being out of sync. The fed has actually been a lot more optimistic about rate cuts over the last few years. Announcer this is bloomberg surveillance with jonathan ferro, Lisa Abramowicz ...

Pricing in less than a 50 chance of a cut and fewer cuts for the year as well. Looking at where we are for the asia thing index, extending gains to about. 5 . Xaomi jumping on early signs of success for its ev. It received 90,000 orders within the first 24 hours. In china, no momentum after it rose the most in about a month on monday. Two sets of data suggesting his recovery. Currently, the csi index down. 2 . Speaking of china, it is about the yuan. Versus the usd, weakening ever so slowly, whi...

We will bring you the latest on the showdown in the house of mouse. Im Katie Greifeld in new york, welcome to bloomberg markets. There is a lot of red on the screen behind me. You can see the s p 500 off by 1 . It does not help tesla absolutely dropping like a stone this morning which we will get to. Even worse if you look at the nasdaq 100. Your big tech benchmark off by 1. 4 . All the while you have a selloff in the bond market as well. You can see the 10 year treasury up eight basis points. W...

Drafted a new bill to hold his legislative colleagues accountable. We drink and drive. Drinking and driving really inexcusable, especially for an elected official. Thats the message Republican Assembly member billa say lee hopes to sent to fellow lawmakers with his proposal. Hr 51 should go into effect. Any member of the assembly who is arrested and charged with dui loose, a privilege to operate whats known as a pool vehicle. A government perk provided to lawmakers to help them easily get from p...

Posted one of its worst quarters relative to the s p in over a decade. Caroline we will take the pulse of the ipo market as rubrics ipo filing Shows Growing revenue but still losses. We are having the worst day in about a month on the key benchmarks. Tech under pressure. We see once again a fear of the fact that the u. S. Economy is too strong. The Federal Reserve will not be cutting rates as anticipated the Federal Reserve will not be cutting rates as anticipated. More frothy your names we will...

Causing headaches for drivers heading home after the holiday. Were checking in on the progress. From the areas local news station. This is kron. 4 news at 3. Thanks for joining us here on kron. 4 news at 3. Im noelle bellow, a slowmoving rush to leave Black Rock Desert as burning man festival goers try to escape the muddy mess that left them stranded at their camps for days. Kron fours rob nesbitt been speaking with bay area. Burners stuck in the mud. He joins us now live with what theyre dealin...

You are definitely going to be needing that. As skies clear out, weve got the fog this morning, but it doesnt last outside from the east bay hills, very fogged were seeing some especially low visibility for parts of the north bay. Were in the process of seeing it lifting and burning off, though, and more and more into the afternoon. Its going to get brighter and a little warmer today than the past few days. Daytime highs will be warm enough to maybe even hop in the pool. If you are in 50s 60s fo...

Ashley ahead on cavuto coasttocoast, taking a tumble and how, 500 points as traders lower the odds the fed will cut rates in june. Our crack market guru will walk through the market mayhem. Plus, we have breaking news about our call between President Biden and xi jinping. I am Ashley Webster in for neil and you are watching cavuto coasttocoast. First to our top story, this is the market selloff. All major indices falling as they continue the rocky starts to accord with rising bond yields adding ...

Candidacy. Well, i appreciate that, rory kennedy. Best of luck with the documentary. You can watch it tonight at hbo. That is tonights readout. Inside tonight with jen psaki starts now. Good evening from washington, im Michael Steele in for my friend jen psaki who is wrapping up a well deserved vacation and will be back with you next week. We have a lot to cover tonight so settle in. I do want to begin with a headline. Trump employs images of violence as political fuel for Reelection Fight. Now ...

News station. Hes calling 2. Thanks for joining us here on kron. 4 news at 2. Im noelle bellow, Justine Waldman has the day off. We begin this afternoon with our top story for the past few days. The westbound lanes of i80 between solano and contra costa counties has been closed. Caltrans expecting to reopen them tuesday morning. But those returning to the bay area today will face a detour around the roadwork kron. 4 Charles Clifford has an update on that work being done. Charles . Yeah. Caltrans...