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June 22, 2024
Investors turn their attention to a rap of mostly economic data. The strongest pace of productivity growth in a year and a half. Along with a drop in labor costs. The private adp survey of job growth was steady and that also helped a bit. Add to that the feds view that the economy is growing and you had a recipe for a stock bounce. By the close, the Dow Jones Industrial average rose 293 points. To 16,351. The nasdaq rose 113, and the s p 500 add 35. Bob delves a little deeper into the rally. Rep...
June 22, 2024
Investors turn their attention to a rap of mostly economic data. The strongest pace of productivity growth in a year and a half. Along with a drop in labor costs. The private adp survey of job growth was steady and that also helped a bit. Add to that the feds view that the economy is growing and you had a recipe for a stock bounce. By the close, the Dow Jones Industrial average rose 293 points. To 16,351. The nasdaq rose 113, and the s p 500 add 35. Bob delves a little deeper into the rally. Rep...
June 21, 2024
Have the same expertise. I think its regrettable and a what youre saying but i think there are tools for pushback and they need to be used. Its hard to go to the public and say to the people are buying houses and pretending to flip them, we will take away your credit because we dont think buying a home is a good idea. I think it would have been a lot of political support. Now there is but not back i mean, the public is basically saying, as we all know, people who speculate in the middle of it an...
June 21, 2024
Transparency. One of the things its much too widespread. And that leverage is one of the things that grows out of the derivatives and other highly structured complaints. But they do a better job within the industry and trying to get more effective disclosure particularly as it surrounds the concept of leverage. Getting the fiscal house in order he also said Monetary Policy only accomplishes so mu much. We have to do it in a way thats fiscally possible. Those are the kind of discussions we need t...
June 21, 2024
Housing market, Interest Rate rises are ultimately inevitable. As long as mark carney pulls a shoe with his commentary in a gradual, limited process, we feel the market can deal with that. And missouris governor calls in the National Guard after tear gas is used in ferguson to calm protests sparked by the shooting of a black teenager by police last week. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Very nice to see you this morning. Plenty going ...
June 21, 2024
We await the word from the European Central bank tomorrow. Thats going to be very interesting. Yes, well get to more on that in a second. What all the Central Banks are up to. Oil rebounding but that didnt stop canada from cutting its key Interest Rate north of the border and they did that because of how the dramatic fall in oil prices is rippling through the nations economy. Well get into that a lot more with to do ameritrades ceo fred tomczyk is back with us. They had good looking earnings. Th...
June 21, 2024
Recovery. Stealing the lime line as the new ceo unveils a cost cutting plan to turn around its fortunes. But m s is in the red after christmas sales come in below expectations. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A man hunt is still under way following an attack on charlie hebo. Cnbc has confirmed in the last hour that at least one Police Officer has been injured after being shot in the south of paris. But it is not clear whether is the ...
June 21, 2024
Begins right now. Good morning again, everybody. Welcome back to squawk box here on cnbc first in business worldwide. Im becky quick with brian sullivan. Joe and andrew are off today. General motors have announced new recalls with an ignition lock. The number is a relatively small 83,000 vehicles. But it comes after their record year of recalls in 2014. Elon musk and his wife are divorcing for a second time. They first married in 2010. They divorced in 2012 and remarried in 2013. And a total of ...
June 21, 2024
Are getting what you are looking for because its too much hopefully, you guys make a decision. 30 seconds. Because we are all effected and if you can go to sleep together for the dignities is this the right thing you wonder you if guys can face us. Hi, im denice when i worked for the city i literally and literally can prove it saved Million Dollar dollars for the city i want to get some back i never got a raise so i dont get a big pension even now you know this thing has been dragging on for mon...
June 21, 2024
Been very patient listening to us thank you for that many of my coworkers had to leave because theyre working but many are staying to the bitter end of the month to month we want you all to explain where you would put any money into an unwise have you ever known there are clearly all of the. 30 seconds. Well be here to hear our decision were not going away we have our calendars marked every month for this meeting thank you clapping. if no other Public Comment ill close Public Comment and call it...