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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

The u. K. Does a uturn and bans huawei the u. K. Does a uturn and bans huawei from its 5g network. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of june coming in at 4. 3 . Now, this is lower than the estimate of 4. 5 . The Unemployment Rate falling from the previous month. We have seen a little bit of strength in the south korean economy with more positivity coming from that ramp up in government job creation efforts. Still, we have those negative ef...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

It will have to wait. The word from u. S. Congress as the next tranche of stimulus may not come until august. President trump holds his first briefing and says wearing a mask is patriotic. And mixed picture for stocks but the euro holds onto gains after hitting an 18 month high as european earnings continue. Beatics company abb estimates and we will speak to the ceo shortly. And elon musks next payout. The tesla ceo qualifies for 2. 1 billion more as the market value reaches another new mileston...
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FBC Varney Company July 12, 2024

Claims. 1. 3 million last week, and that is the 15th weekly decline, so the downtrend continues. However, 17 million are still unemployed and still collecting benefits. Ive got two big tech stories for you. First off, the twitter hack. Fake messages appeared from big name celebrities. It was a bitcoin scam. The important point is the hackers took over the platform and could have sent out messages to disrupt the market or the election or anything. They showed they could do it and that is a huge p...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

To see a two year yield come in and a 10 year bond coming in with a vengeance. Coming in is that signal slowdown, massive curve flattening. Jonathan 10year yield breaking down. We are down eight points on the s p 500. Lisa, phase one was about access to capital and drawing down credit lines. Phase two is about the permanent decisions, cuts and layoffs. That is what has been building this week. Lisa we have seen those cuts and layoffs likely to be ongoing with a number of cfos studies pointing at...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

By the United States of america. You go out and look at all the speculation. I would suggest right now it is speculation about what china will do, but there is no speculation that they will do something. Jonathan there is a broader story to acknowledge, whether it is the economy and trade, whether it is foreign in the , the commonsea denominator is trust and the lack thereof. You see it playing out more in the last couple of months. Tom it is worldwide. SyrIan Duncan Smith was on. Ir Ian Duncan ...
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CNBC Street Signs July 12, 2024

And irelands Pascal Donahoe is chosen at the next eurogroup president. He says the focus is to bring back jobs. I will play my part in working with all members of the eu eurogroup to make sure this group makes the contributions. The challenges are great but we will prevail and will overcome we kick off the show this morning with a major oil report crossing the latest is that the organization has bumped up its 2020 Oil Demand Forecast today but it has warned that the spread of covid19 has posed a...
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CNBC Worldwide Exchange July 12, 2024

Good morning to you wherever you are. Im Frank Holland in for Brian Sullivan lets get right to the markets and take a look at the stock futures this morning its been a wild week on wal ve street today it looks like the dow could open down as much as 150 points amid new concerns over covid19 but the nasdaq, its run keeps on going. Leading to another new record high its 26 for the year on pace for the third weekly gain in three weeks. Now to the global markets. Karen tso. Shes in our london newsro...
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FBC The Evening Edit July 12, 2024

Contagious disease is widespread. China, canada, other countries around the world are doing similar moves. Edward lawrence from the white house. Reporter the move from the department of justice and department of Homeland Security not just from those country, passing through a country with widespread disease. Which would eliminate all asylumseekers coming across the board of the United States. This is likely to be challenged in court. 30 minutes the mexican president will be back here at the whit...
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CNBC Squawk Alley July 12, 2024

This year. It has been on a tear, and we will, of course, continue and watch and see what the major indices do today we begin with twitter and that massive security hack pressuring that stock this morning. It is off the lows, though, up about 1. 5 that attack targeted some of the companys highest profile users including elon musk, former president barack obama, and others joiningi joining us now is robert hirsovek good morning. Good morning, everyone. They say it was a coordinated social enginee...
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FBC WSJ At Large With Gerry Baker July 12, 2024

Wineries and more citing rising covid19 numbers. Several other states are also slowing their plans to reopen. This is happening even as the economic destruction from the lockdowns has become more clear. The web site yelp carries reviews of restaurants and other Services Companies and reports that as of mid june, 140,000 of its listed businesses remain closed. But the biggest debate this week and perhaps the most important has been about opening schools in the fall, the two biggest districts in c...
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