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July 16, 2024
You are watching cnbc. Good morning, good afternoon or good evening from wherever in the world youre watching. Im Brian Sullivan im glad to be with you during this troubled and turbulent times. Coming off friday 700point game gain for the dow futures are lower, indicating a drop of about 200 points for the dow, slightly less for the nasdaq 100 your big story right now is the price of oil and a new week bringing the same old story prices, they are falling in a big way. The may contract right now ...
July 16, 2024
The white house and the house of representatives seem to be in negotiation with the senate, a Republican Senate really stepping aside, and mr. Kudlow moving that forward. The oil story is absolutely remarkable, and perch yearly the confusion of the end of may futures, and over into the june futures as well. We are about ready on the spot market to get a 13 handle on west texas intermediate. Francine you are right, because of the change in futures contract, we could see heightened volatility in t...
July 16, 2024
I have to go to the gossip of london. We will get to oil with jim caron in a moment. Why does the sunday times go after the Prime Minister of the United Kingdom when he is just out of the hospital bed . That is a very good question. First of all, lets remember the sunday times and of good the times were huge supporters of mr. Johnson. There is a feeling that the fact the Prime Minister got sick maybe gave him a free pass in how he handled the situation. There are two schools of thought. One thin...
July 16, 2024
Going to those who needed it most. So today, we are not taking any other action on the floor dealing with covid19 so weak that we would take this opportunity to ask unanimousne consent, to get Something Real done should have bipartisan support on both sidesot of the aisle. Who can be against transparency. Who can be against accountability. Know where close to 700 billion that taxpayers money is going, to the right places. And impartially today at least 200 publicly traded companies have managed ...
July 16, 2024
Relations should not be used as a diversion. Four of the victims in the crash that killed kobe bryant and his daughter gianna have filed wrongful death suits over the helicopter company. Bryants widow sued the company in february. Those are some of the top stories on this monday, april 20th. Thank you for starting another week with us. We do begin with the push to curb the coronavirus and reopen the country. Congress appears to be nearing a massive new deal for a second wave of loans to Small Bu...
July 16, 2024
Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing a...
July 16, 2024
Putting pressure on oil markets as well. And marie hoarder me for more. Walk us Annmarie Hordern joins me for more. Walk us through the veracity of the selloff, and does it last . Annmarie the next 24 hours is going to be quite bumpy for this may contract. Basically, it is Financial Derivatives meeting the physical oil market and what we are seeing on the storage side. If you are not out of this position financially and you are a futures trader, you have to accept the physical oil. The problem i...
July 16, 2024
And 70s inland. Low 80s. And i think you said danville last half hour. There is no more freeway impact there. Lets talk about the commute on some of the southern roads. You can see traffic is moving along pretty well driverring through. There have been no major issues. There are no major issues on eastbound 580 as you driver through. Trying to. Traffic is continuing to move along pretty well on that bridge. 4 31. Lets go back to pam. Topping our news. Today, nebraska members of the house of repr...
July 16, 2024
The ground because it is so dry from 10,000 feet down to 5,000 feet. You can see when the rain moved through san jose, didnt leave much behind. Lets talk temperatures and cloud cover which well have a lot of clouds. Waking up mild this morning. And notice 54 to 59 at noon and the coast will become breezy this afternoon and keep you in the 50s. The rest of us will join you by 7 00. Thanks, mike. Starting today a north Bay Community is taking extreme measures to stop the spread of coronavirus. Bol...
July 16, 2024
Reporter michigans governor Business Fund that ran out last is concerned protesters may be week and it looks like that deal putting others at risk. Without those important may land on the president s desk protections, it means they might have gone back to these parts of by wednesday. Our state and perhaps brought the senate could act as early as covid19 along with them. Today one would be set aside reporter Vice President pence has a Conference Call with the nations governors today. Now we have ...