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CNBC Squawk Box July 14, 2024

Green arrows across the board in europe the dax is up by 0. 3 . The cac adding 1 . The focus again today, because yesterday it was the fuel for that whipsaw action, treasury yields, 1. 727, much firmer than what we saw yesterday. We saw a low of 1. 595 we had record lows across the yield curve. Thats worth noting. A lot of strategists saying we could test 1. 35. Beijings central bank setting the official reference rate for theyuan to the weakes level in a decade. Eunice yoon has more on the midp...
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BLOOMBERG Bloomberg Markets European Open July 14, 2024

Yuan down 477. Beijing sites protectionism as agriculturallt imports. Asian equities down the most since october last year. European and u. S. Futures point to another day of heavy license heavy losses. Hsbcs ceo steps down. Good morning, matt. Matt good morning. Less than half an hour away from the start of european trading and it will be a negative session judging by futures. Gold surging again back to the highest level we have seen since 2013 as investors seek safe havens. Look at the futures...
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BLOOMBERG Bloomberg Daybreak Americas July 14, 2024

No surprise. That risk on rally. It felt like oil helped in some ways to turn the market around, too. You had a sloppy 10 year auction and reporting from bloomberg that said saudi arabia is hey,ng its buddies, saying we need some help. David the u. S. Will report jobless claims for the past week. At 1 00, the u. S. Treasury will auction 19 billion 19 million in 30 year bonds. Cbs and yelp will report quarterly earnings. We are joined by luke kawa and Michael Mckee taylor and Michael Mckee. Lets ...
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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promo...
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BBCNEWS Legalising Weed July 14, 2024

We are going to play newsbeat. Ca nadas legalised marijuana so three mps go on a cannabis trip to see if britain could do the same. It was the first major western country to go fully legal, but has it worked . This programme contains adult themes. You could go to prison for a very long time in britain if youve got anything like this. Theres been a big shift in attitudes to cannabis in the past few years. Our current laws are a disaster. You might remember billy caldwell. His mum fought for him t...
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FBC Varney Company July 14, 2024

We will ask. Bear in mind its a volatile market. Who knows how we will close today. Now, heres the really big reversal. Yesterday, that key interest rate, the tenyear yield, had dropped to 1. 59 . It was a massive move. Now its 1. 73 . A massive move in the opposite direction. Heres the question. If that bond was a safe haven yesterday, why is it not today . We will ask. Breaking overnight. I. C. E. Raided Food Processing plants in mississippi, apprehending 680 people believed to be illegals. Th...
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CNBC Squawk Alley July 14, 2024

Well, good thursday morning and welcome to squawk alley. Im Morgan Brennan with david faber and mike santoli, live from post 9 here on the floor of the new york stock exchange. Carl and jon are both off this morning. Stocks are staging a recovery today. S p coming off its largest comeback since december of last year on pace for its Third Straight day in the green, but is todays rally sustainable or is more volatility ahead . Key question for investors joining us now is Wells Fargo Asset Manageme...
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BLOOMBERG Bloomberg Technology July 14, 2024

First to our top story, job numbers came out friday while overall payroll gains were up in july along with a rise in hourly earnings. That wasnt enough to keep stocks out of the red, the worst week of 2019. This as President Trump decided to ratchet up the trade war with china, announcing a slew of new tariffs for the start of september, and dont forget the fed cutting Interest Rates for the First Time Since 2008. A move chairman powell describes as a midcycle adjustment to keep the economy expa...
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KGO ABC7 News 400PM July 14, 2024

Well, that was a fun two hours. Reporter once the doors opened at 1 00, dmv personnel did seem ready to provide real i. D. Service with a fresh outlook. So when they come here, i givehem a number. Yes, because they have to get the application. Yes. Reporter still some customers wondered if a half day of training is enough. Do you think three or four hours of training is going to make a big difference . No, i think ten days of that. Reporter and were back here live at the walnut creek office. Its...
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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

A big focus for both companies, turning a profit. We will break it down. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs the ride hailer will eventually become profitable. Did uber succeed . I asked our guests. We see multiple ways that management can move towards p...
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