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June 20, 2024
Beyond their control like the economy and the fiscal cliff . I think overall it was more probably 70 to 80 factors beyond the retailers control. I think retailers had creative merchandise but i think the news didnt lead to a feel good factor. In any economy, good or bad, you always have some winners. Who did really well this year . Well, it looks like in terms of who did well so far, Companies Like American Eagle outfitters limited, michael cors, macys tj and i would say costco was also a winner...
June 20, 2024
This is n. B. R. Susie good evening everyone. Im susie gharib. Tom hudson will be along a little later in the program. Hohum sales for the nations retailers this christmas, ringing up the worst Holiday Season in four years, we talk with a top retail analyst. President obama and congressional leaders cut their vacations short, to deal with fiscal cliff negotiations. They have five days to make a deal. And housing continues to be the bright spot in the u. S. Economy home prices post their biggest ...
June 20, 2024
Beyond their control like the economy and the fiscal cliff . I think overall it was more probably 70 to 80 factors beyond the retailers control. I think retailers had creative merchandise but i think the news didnt lead to a feel good factor. In any economy, good or bad, you always have some winners. Who did really well this year . Well, it looks like in terms of who did well so far, Companies Like American Eagle outfitters limited, michael cors, macys tj and i would say costco was also a winner...
June 20, 2024
October the congressman needed to extend the debt limit. We kept him closely informed literally every week. And there was not a negotiation over the debt limit. It was a question of congress figuring out how it was going to deal with the thing they had to deal with. That is protecting the full faith and credit of the United States. An budget conference is intrinsically congressional process. One of the few things that does not come to the president to be signed. The house and the senate agree on...
June 20, 2024
Better. Because of miss learners because of her unwillingness to fully testify nd because she has refused to legally cooperate with this investigation, i urge my in the house to hold miss learner in contempt. Yield back. Gentleman leads back. Gentleman from maryland is recognized. To the distinguish gentleman from massachusetts mr. Minutes. Ee gentleman from massachusetts is recognized for they minutes. Thank you mr. Speaker and i from the gentleman maryland. In response to the recent allegation...
June 20, 2024
Ms. Lerner impeded official investigations. She risked exposing and may actually have exposed confidential taxpayer information in the process. Day after day, action after action ms. Lerner exposed herself as a servant to her political philosophy rather than a servant to the American People. This, mr. Speaker, is why the house has taken the extraordinary action of referring ms. Lerner to the department of justice for criminal prosecution. And why we will request a special council to investigate ...
June 20, 2024
The joint Economic Committee, consistent of what we saw from the recent fed statement. She says the economy is starting to improve after the First Quarter as bad weather, but also says a high degree of monetary compensation is needed. Changes that the fed has put in place. She also talks about Financial Stability, addressing concerns about possibly bubble starting to form. To me walk you through what she had to say. She said the firstquarter slowdown was mostly due to transitory factors like the...
June 20, 2024
Some issues regarding financial stability. Real domestic gross product went up to an average annual rate of and a quarter percent over the second half of last year. A faster pace than in the first half and during the preceding two years. Although real gdp growth is currently estimated to a pause in the First Quarter of this year, i see that it is mostly reflecting transitory factors, including the effects of the unusually cold and snowy winter weather. With the harsh winter behind us, many recen...
June 20, 2024
The u. S. To the downside by almost 3 . Macro data has largely missed today. Everything from China Services pmi to german factory orders. Our road map with alibaba. The ecommerce giant files for what could be the biggest internet ipo in history. A peek at chinas fast growing ecommerce market and one unusual company. Record earnings for disney. Frozen sales continue their hot streak. Disney chairman and ceo bob iger will join nous a cnbc exclusive. Shares of whole foods plunge down 17 this mornin...
June 19, 2024
I am not sure that bernanke will discuss the topic. Looking at both fedex and General Mills. Fedex has been a great performer. They have done maintenance on the planes. That has also cut down on the prices. We are seeing General Mills under pressure while fedex is hitting new highs. Lori thank you, nicole. Adam we are just an hour away from the latest decision from the central bank. Lori will they, or wont they when it comes to tapering . Peter most of the Analysts Expect them to do a soft launc...