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FBC WSJ At Large With Gerry Baker July 13, 2024

Rightwing extremist groups, and of course there was some of that, but a large number were simply ordinary working people who see their livelihoods slipping away. Theyve lost jobs, income and in some cases hope for the future. Theyre scared. A few states are responding to the demands. Florida and South Carolina opened some of their beaches. Texas is now allowing retail to go curb curbside pickups. Georgias governor brian kent went further allowing nonessential businesses to given operations. To b...
New York United States States Gerry Ann Linde Anne Lynn Michael Leavitt

FBC Barrons Roundtable July 13, 2024

Taking a real beating. For the fourth week in a row, firsttime jobless claims were in the multimillions taking the total number to 22 million. Retail sales plunged 8. 7 in march, the worst ever in history of data. And the Federal Reserve reported Economic Activity has fallen sharply during the crisis. Mindful of the damage to the economy, President Trump announced on thursday guidelines to begin reopening the country soon, leaving the actual Decision Making to state governors. Meanwhile, the cou...
New York United States Los Angeles John Barry Michael Lev Paula Reid

BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Selling but the glut looms over the market. The politics of the pandemic. The u. S. And china continue to trade barbs over their handling of the crisis. Washington says the world has been let down. Breaking news out of south korea. We are getting First Quarter gdp numbers quarter on quarter, seeing the biggest drop since 2008. Young talking about a contraction of 1. 4 . It is still a little bit better than expected. The expectation was a contraction of 1. 5 but it will still be the First Quarter...
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FBC WSJ At Large With Gerry Baker July 13, 2024

Rightwing extremist groups, and of course there was some of that, but a large number were simply ordinary working people who see their livelihoods slipping away. Theyve lost jobs, income and in some cases hope for the future. Theyre scared. A few states are responding to the demands. Florida and South Carolina opened some of their beaches. Texas is now allowing retail to go curb curbside pickups. Georgias governor brian kent went further allowing nonessential businesses to given operations. To b...
New York United States States Gerry Ann Linde Anne Lynn Michael Leavitt

BLOOMBERG Bloomberg Technology July 13, 2024

Various governors about how and when to reopen the economy. Jobless claims we are expecting would bring the total over the last four weeks to 22 . Economists say that 20 employment at the peak is a realistic scenario for the united states. Sarah ponczek, talk to us about the rally today and how big a parnas tech have to play . Sarah tech really has played a very large part in the rally. You mentioned the s p up 3 . Your techheavy nasdaq, up 4. 3 . Google, microsoft, all of them at more than 4 . ...
United States New Zealand Bloomberg Emily Softbank Emily Ashlee Vance Kleiner Perkins

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FBC WSJ At Large With Gerry Baker July 13, 2024

Rightwing extremist groups, and of course there was some of that, but a large number were simply ordinary working people who see their livelihoods slipping away. Theyve lost jobs, income and in some cases hope for the future. Theyre scared. A few states are responding to the demands. Florida and South Carolina opened some of their beaches. Texas is now allowing retail to go curb curbside pickups. Georgias governor brian kent went further allowing nonessential businesses to given operations. To b...
New York United States States Gerry Ann Linde Anne Lynn Michael Leavitt

BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

This hour. But the city where it all began is getting back on track. China lifts travel terms in wuhan, ending 11 weeks of lockdown that disrupted the lives of millions. Shery we are seeing kiwi stocks gaining ground. We had seen u. S. Stocks under a lot of pressure today. There was a lot of volatility. U. S. Futures continue to fall 3 10 of 1 . We have surged as much as 3. 5 in the u. S. Session, but that really wasnt supported through the end of the trading day. Bk futures also down nikkei fut...
New York United States United Kingdom Hong Kong West Bank District Of Columbia

FBC Maria Bartiromos Wall Street July 13, 2024

Taking a real beating. For the fourth week in a row, firsttime jobless claims were in the multimillions taking the total number to 22 million. Retail sales plunged 8. 7 in march, the worst ever in history of data. And the Federal Reserve reported Economic Activity has fallen sharply during the crisis. Mindful of the damage to the economy, President Trump announced on thursday guidelines to begin reopening the country soon, leaving the actual Decision Making to state governors. Meanwhile, the cou...
New York United States Los Angeles John Barry Michael Lev Paula Reid

FBC Barrons Roundtable July 13, 2024

For the fourth week in a row, firsttime jobless claims were in the multimillions taking the total number to 22 million. Retail sales plunged 8. 7 in march, the worst ever in history of data. And the Federal Reserve reported Economic Activity has fallen sharply during the crisis. Mindful of the damage to the economy, President Trump announced on thursday guidelines to begin reopening the country soon, leaving the actual Decision Making to state governors. Meanwhile, the country is being subjected...
New York United States Los Angeles John Barry Michael Lev Paula Reid

BLOOMBERG Bloomberg Surveillance July 13, 2024

Im nejra cehic in london. Overall, the stoxx 600 in the red today. We had some Real Movement on u. S. Futures overnight, flirting around the flatline. We see a little bit of optimism come through on u. S. Futures after the s p 500 briefly rose over 20 . D yieldsthe 10 year bun and other core yields slide in europe. Some Dollar Strength. It is moving higher against all g10. The aussie underperforming. Oil bouncing back after two days of declines. Lets get the bloomberg first word news with Vivian...
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