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July 16, 2024
We will hear from the erickson ceo. Manus very warm welcome. There is a nonveteran. Is a bond there veteran. Says, we are in for a rough slowdown in the u. S. Andof his fund is in cash his buyers are getting worried. The beige book tells me there is only a slight modest pace of growth. Good morning. Not fixedsaid it is income investment, it is fixed lawson testing. He does expect a recession in europe and a slowdown in the u. S. Some signs ofaybe concern with the retail sales but lets get back t...
July 16, 2024
Discovered. Subscribe. To. Almost every product made in china u. S. President says hes prepared to go even tougher leaving investors wondering how much worse it can get. Also coming up. At washingtons claims that chinese fans are no exports are to blame for thousands of deaths in the u. S. And resilience is becoming a key word in braggs it era u. K. Will take you to the hard luck city of blackpool. This is the w. Business im joined on in berlin welcome a 2nd day of mixed messages from u. S. Pres...
July 16, 2024
Im joined on in berlin welcome more mixed messages from u. S. President donald trump as the latest escalation in his trade war with china continues to weigh on a global market. That the talks with beijing were going well but signaled a much tougher stance should he get reelected in 2020 attention he setting the stage for an even more protracted trade war this follows the expansion of the punitive tariff regime on chinese products over the weekend our correspondent joins us now from wall street w...
July 16, 2024
And social norms and inform them about the basic rights my name is them out of the home and i have more freedom. As the u. S. Sets its tariff sights on almost every product made in china u. S. President donald trump says hes prepared to go even tougher leaving investors wondering how much worse it can get. It also coming up in beijing gets back out washingtons claims that chinese fentanyl exports are to blame for thousands of opioid deaths in the u. S. And resilience is becoming a key word in fr...
July 16, 2024
Intelligence. The asset arm is planning to invest in Machine Learning hedge funds. Tesla shares are climbing in after hours trading. Looking at the largest gain this year after they set a new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. This is all due to accelerated shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an i...
July 16, 2024
To run another step closer to being able to build an atomic bomb. Ran closer to being able to build an atomic bomb. The turkish lira falls after the Prime Minister fires a central bank governor. Bloomberg has learned erdogan told lawmakers they need to get behind his delete that high rates causes inflation. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im renita young. This is bloomberg. It is 1 00 p. M. I...
July 16, 2024
J. P. Morgan chase is expanding its use of Artificial Intelligence. They are planning to invest in Machine Learning hedge funds. Climbing in are after hours trading. A new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. Accelerateddue to shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an internal memo last week that the c...
July 7, 2024
quicksilver record job market. businesses are investing in america at record rates. this is partly strongest rebound in american manufacturing and over three decades. that is not selling a recession to meet. >> lets bring in heaven hes a former chairman of the council of economic advisors and distinguish a visiting fellow at the hoover institution. great to see you my friend. you got inflation right you got the gdp numbers right, you said this is going to be a negative quarter, the sec...
July 7, 2024
the spending showdown is about to go down. chad pergram following it all, a lot of details to pull together, but hes the man to do it. chad, whats happening? >> reporter: david, good morning. senate democrats aim to pass the climate, health and spending bill this weekend, but it may be a long weekend. we just got a ruling from the senate parliamentarian, she green lighted a provision in the bill to let medicare negotiate the cost of prescription drugs. democrats say that makes the cost...
July 3, 2024
Good morning. This is daybreak europe. These are the stories that set your agenda. Global stocks rallied with the s p 500 hitting a new record high as cooler u. S. Inflation reinforces bets on fed rate cuts. Slovakias Prime Minister in the hospital after an attempted assassination. The shooting brutally exposing the widening the political divide in the nation. Vladimir putin is getting the red carpet treatment in beijing as he looks to xi jinping for backing in his war against ukraine. Lets chec...