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June 21, 2024
Largest in 80 years. The kbps. You know what the blue chips are having pressure . They had a disappointing Fourth Quarter and were not for the full year. Investors dont like what is happening, they are pounding the stock pretty bad thinking of the hit. I want you to take a look at mcdonalds. Profits down 23 in the last quarter and also warned january sales are likely to be negative but looks like it is turning the corner. Maybe millennials i changing their minds. We will see mcdonalds seeing it ...
June 21, 2024
A recession and the market rallies. We will figure it all out for you. Varney and company is about to begin. Stuart check the big board. A very modest rally. We were up 80 points a few moments ago, close to 18,000. However we got a modest rally but we have negative numbers on the economy. Retail sales went down. The layoff rate went up. But we have the ukraine peace deal and that is helping the market. Not much but we got a little bounce out of it. Heres the news on you cream. Vladimir putin ann...
June 21, 2024
Oil is down too much. We have had a huge runup. We are off 232 points. Look at the stocks that are leading. Caterpillar. Chevron. The cell ibm. Those five dallas. Combining. The price of oil. That is where the real news is this morning. Very close to what we call a for handle. 50. 2. 35. To gasoline. The National Average for gas to dollars 0. 19. Aaa sees u. S. Drivers saving 75 billion on gas this year. Look at the map. The 1 club expands to seven states. Sound the trumpet. The cheapest gas in ...
June 21, 2024
Organization. Get ready for the real story on jobs and the economy like youve come to expect ever day. Varney company is about to begin. 34ubg. Tom lets check the big board right now. Not too far away from dow 18,000. The dow on pace for its best week in three years, and look at that . Less than 100 points away from the 18,000 mark. Lets take a look at twitter. User growth slowing, but results were still better than expected in this result and as a result, that stock is moving higher up 16 . Mea...
June 21, 2024
Plan that has no chance of passing . Listen White House Press secretary josh earnest answered that very question. This is an opportunity for the of the United States at the state of the Union Address before the country on live television, before the congress to lay out his ideas and his vision for how we can move the country forward. If republicans have a different vision, if there are some areas they disagree theyre welcome to say so. If they think it is more important to protect a loophole for...
June 21, 2024
Begin. Adam first up, the economy. Peter barnes has more for us. You sat down with loretta metzger. She said she believes that the fed can start raising shortterm Interest Rates sometime in the first half of this year because the economy is getting stronger. She would like to make sure that they do it before they get to full employment, which, for her is five and a half percent. Here is what she said. Maybe we were seeing an acceleration in growth. A very deep recession. Now, we are getting to t...
June 21, 2024
Has latest on this story. Thats right, melissa. Hackers claiming to be from isis hacked twitter account and Youtube Channel of the pentagons u. S. Central command which manages u. S. Military operations in 20 countries. Working with centcom which confirmed attacks. Twitter taken down its account for centcom and youtube taken the centcom channel down. On twitter the hackers posted messages like, american soldiers, we are coming, watch your back. Isis is already here. Were in your pcs in each mili...
June 21, 2024
The government says prices are falling. Here we go again. Varney and company is about to begin. The market went up significantly. We were up 10. Now we are up 75. Goldman is a taos stock. When that stock goes down, it shaves points. The loss accounts for 20 points on the dow. Toyota. Dare we say it is finding a bottom . Down a fraction of a penny overnight. It is still down above 22. That is just money straight back into your pocket. Happy friday. Three states hitting the 1 club. Everyone in the...
June 21, 2024
Absolutely nowhere with republicans who now control both the house and senate. Beyond the surface talk of dollars and cents is a political chess match. Chief White House Correspondent has tonights top story. Reporter if president obamas new preview of the state of the Union Address sounds like an old campaign commercial is because it is. Now that we have fought our way through the crisis how do we make sure that everybody in this country, how do we make sure that theyre sharing in this growing e...
June 21, 2024
We are approaching the loads that we hit two weeks ago. The other news is, the price of gas down to 2. 05. This time last year, it was 328. Twentyfive states in the 1 club. Right down the center. Two dollars to the left. He is the guy with gas buddy. Com. Is it a good shot . A good chance that aaa will be reporting a national, nationwide average 2 a gallon or less . You are right. That is what we are expecting here. We are actually at 2. 04 a gallon. Only a nickel to go before we reach that 1. 9...