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June 21, 2024
I am stephanie ruhle. Friday is here. Not just a bloomberg, everywhere. I hope you are paying attention , not the next two hours your christmas shopping. We will guide you through how and where to get the best stuff. The top business stories of the morning. U. S. Stocks may be taking a timeout. They have been going back and forth between red and green for the first half hour of the trading session after an extraordinary trading session that added more than 4 to the s p. , withp is up slightly nu...
June 21, 2024
Our Steve Leisman sat down with him live in jackson hole, wyoming. Stay tuned for this important interview. Was it a well deserved 17 billion fine . Or was it extortion . A former bank ceo says bank of america was extorted by the u. S. Government to the tune of 17 billion. Paying for the sins of Merrill Lynch and countrywide during the housing crisis. Even though it bought those firms to help stave off the economic catastrophe for the u. S. Were going to debate that state with our own friend, la...
June 21, 2024
Tenyears popped to a little past 183 after the big of the sell off selloff for bonds oil up 19 in the last four days. Ahead of the jobs report friday. Adp, lighter than estimates. It is official staples buying office depot, 6. 3 billion. An Office Supply giant created but questions on antitrust. Earnings from gm disney chipotle stocks making big moves in the premark. Futures falling, the morning after the rally which the dow jumped 305. S p nearly wiped out all of last months prices. Oil prices ...
June 21, 2024
Texas intermediate. Oil started dipping lower. We have nice market leaders. Pharmaceuticals have been strong all year. They are up. Bio tech stocks up. The problem is in the oil sector. All the names we see almost every day all down as we saw oil dropping into the 52 range right now. I want to show you what the problem is. People keep asking me should you buy Exploration Production stocks here . Look at eog. Big in the permian basin, bakkan. That stock is down 25 , almost 30 in the last few mont...
June 21, 2024
We have exxonmobil thats the name to watch. It will post Quarterly Results and bring it to you. Theres quilt of democratic data due out today. December personal income spending. Ism manufacturing and construction spending. So a lot to talk about. And in Corporate News this morning three major automakers will recall more than 2 million older vehicles to fix defects. The recall involves an issue that causes dir ss air bags to deploy when theyre not supposed to. Toyota Fiat Chrysler and honda. I do...
June 21, 2024
Warren buffett seven years in a tenyear bet with Hedge Fund Guys buffett is crushing it, outperforming the socalled smart money. How buffetts doing it and how you can easily get in on the action. First, though, lets go to sue whos here today at hq. I am indeed. We begin with bullish news from two American Auto icons ford and General Motors. Ford is actually adding jobs to ramp up hiring for production of its aluminum f150. As you recall, there was skepticism about that model when they changed fr...
June 21, 2024
Introduce your relationships on behalf of veterans. Creams in the appeals process, not necessarily sent to the board, but theyre still in dba because that is where the majority of the claim said. Weve got a laundry list of initiatives. Automation initiatives, staffing initiatives and the like that we ask cube within the context of the resources weve got. He may or may not recall when i came in on the 24th of july and said we need 17. 6 billion. There is actually 360 million for vba for us to be ...
June 21, 2024
I think that they will start getting worse here. Starting to snow here in washington. Kind of a slushy, when to remix. This is what the airport folks were worried about. You have to worry about deicing. It is the busiest travel day of the year. The highest since 2007. All of this thanks to the improving economy. So far, we have about 1000 delays here in the u. S. About 400 cancellation. This is from flight aware. Com. It takes all this data and puts it into what they call the misery map for trav...
June 21, 2024
Melissa the plot to bomb the u. S. Capitol in the name of isis foiled by the fbi before it could be carried out. 20yearold Christopher Lee cornell was on authorities radar for months. He was post about violent jihad on social media and researching how to make a bomb. Then he made the move that prompted agents to act. He bought two m15 rifles with hundreds of rounds of ammunition. Here now steve moore from the heritage foundation. We have jack hough from barrons. Simon constable is from the wall ...
June 21, 2024
With the u. K. On high alert, Prime Minister David Cameron is calling for immediate action against isis, outlining his vision for a comprehensive response. Dont appease this ideology. We have to confront it at home and abroad. To do this we need a tough intelligent, patient and comprehensive approach to defeat the terrorist threat at its source. Tough, we need a Firm Security response, whether that is action to go after the terrorists, International Cooperation on intelligence and Counter Terror...