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June 24, 2024
You can see . Morning the nasdaq is indicated higher by about 22 points. Nearing correction territory. Wti trading up about 3 . A pop of 1. 34 to 45. 12. Among the reasons for the surge in prices escalated fighting in libya thats disrupted production there. Some canadian pipelines shut down as the precaution after a wild fire shut down the oil city of forth mcmurray in canada. Weekly jobless claims forecast. James bullard is in Southern California today to speak about the economy and monetary po...
June 23, 2024
Rage. So in yemen, isil fighters have said they are responsible for the two attacks in the south of the country. Four soldiers from the United Arab Emirates were among at least 15 killed in the port of aden, also a villa occupied by forces from the saudi coalition. Along with a hotel used by government leaders. Hashem ahelbarra has the story. Reporter these are the four suicide bombers isil says were behind the attacks. They drive cars packed with explosives into a hotel, where government leader...
June 23, 2024
Right now. After the past three days, this is welcome for a lot of people long in the markets. The markets tracking the fall of the price of oil. Lets take a look at the board. The s p 500 is up. 5 . The nasdaq up. 6 here. This iske a look at how performed over the course of a day. You can see it is not working right now. I will tell you about how the first rises at 10 00 a. M. We not seeing it back up to where we are. To get an idea of taking us up or down, dive in and let us take a look at glo...
June 23, 2024
And the biotech nightmare that lost more than half of its value and what sent the stock cratering. But first renewed fears over china, the shanghai falling more than 2. 5 . Industrial production, a revamp of the ipo system weighing on investor sentiment. This was chosen as the top business story of the year. 2015. So for 2016, could china but the big wild card for the markets. Tim, what do you say . I dont think so. I think we obsessed over it in 2015. China has a major credit problem and they a...
June 21, 2024
Another deal to tell you about. Hasbro and talks to buy dreamworks animation. That is according to people familiar with matter. A premium of 34 over yesterdays closing price. Thirdquarter earnings Beat Estimates at walmart. Was to buy the increase in sales and its newest stores. Adding more smaller Format Stores to boost revenue. Overseas, another outbreak of widespread fighting in ukraine. Nato says Russian Troops and tanks have been flowing into eastern ukraine. Areu. S. And European Union dec...
June 21, 2024
Tyler is out today, but as i mentioned, brian is live in l. A. They there, brian. Reporter hey, mandy. Happy friday. That comcast Time Warner Cable deal is off, disconnected, if you will. Comcast is the Parent Company of this network and it is ending its deal to buy Time Warner Cable. This is following regulatory scrutiny. Our ceo, Brian Roberts, on cnbcs squawk box earlier today saying it is simply time to move on. So where did it all fall apart and what now . David faber joining us with more. ...
June 21, 2024
Performers in the s p and google and microsoft both reporting in three hours time from now. Plus the water crisis in california. Beverly hills making a big move in the last few hours. Were spending much of our time in the golden state covering the Economic Impact of this severe drought. By the way, that is where we find Brian Sullivan. Hes right off the 5 just northeast of los angeles in castaic castaic. How are you going . Reporter im going all right. I think im going better than this reservoir...
June 20, 2024
Were crunching the numbers for you. The u. S. Is set to go over the fiscal cliff in five days. That means taxes will go up for nearly every american. Dramatic spending cuts will kick in. President obama and congress will be back from vacation tomorrow. But will anything get done . Plus, wild Winter Weather sweeping through the country. Well bring you the latest details on which part of the u. S. Could be hit next. Cnbcs Worldwide Exchange starts now. And welcome to a special edition of reside wo...
June 20, 2024
Bridge this morning and light traffic conditions. Down three lanes in the southbound direction, two north light week this week traffic wise between christmas sonoma flooding 121, 12 closed at 8th in shellville area due to road being closed and flooded. Terry mcsweeney will have an update in a bit. South 101 washington petaluma clearing stages of that accident could be cleared by now. North 680 at mckey, accident in san jose, first reports east al 0 at eden canyon of an accident. You just said it...
June 20, 2024
The s p 500 after earnings confirm the Company Continues to bring in huge sums of money but has razorthin profits. Is the street sending a message here to Ceo Jeff Bezos that its time to turn the spigots on and make some real money . If theres trouble at home, is there trouble for the entire economy . Mortgage lending plunging, even though we have become the spring housing season and rates e re main historically low at about 4. 5 . If the housing recovery stalls, what does that mean about the br...