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June 19, 2024
Hauled a fiveday slide on todays unexpected jobs numbers. Whats begin with yang yang and washington. She has more details on the november surprise and the Unemployment Rate falling to a fivetime fiveyear low. Five years. The Unemployment Rate at seven percent in november is the lowest it has been since november of 2008. Employers added jobs next work last month, and the increased followed a revised 2000 payrolls added for the month of october. A november report showed consistency. The u. S. Adde...
June 19, 2024
Looking at congressional leverage to pass a farm bill before the holiday recess. Lets begin where yang yang has more on the budget agreement. Good evening good evening, mark. Paul ryan and saadi murray unveiled their budget deal. Today was the day to sell to rank and file as they get ready to bring the bipartisan bill to the floor for a vote tomorrow. It sets federal spending at 1 trillion per year above the current level of 960 7 billion and replaces 63 billion in sequester cuts, reduces the do...
June 19, 2024
Talk about everything from paypal, which he calls a failure, to the coin and what it takes to become a special entrepreneur. And salesforce is one of the Tech Companies leading the way when it comes to philanthropy. I talked to Ceo Marc Benioff the latest multimillion dollar donation to San Francisco schools. Now to our lead a recordbreaking start for iphones shipping on friday. Priya rhodes preorders topped 4 million in the first day. Some customers will have to wait until october to get their ...
June 19, 2024
10,000 per person. That is a lot of supply. All of that and more, but first headlines from su keenan. Hour,just the past Stanley Fischer gave his first speech since joining the central bank is saying the Financial Stability Oversight Council may need more authority to guard against threats to the banking system. He added the panel could be given greater independence to address systemic risk. Detroit lands to pay investors who alone its bonds . 34 on the dollar. It is part of a plan to pay two po...
June 19, 2024
The company is in talks with the various interested parties. They closed all stores this week and shares soared on that news. Meanwhile, derek jeter is halfway through his 20th and final season with the new york yankees. His jersey has been the top seller at the mlb online shop. Those are the headlines. Back to you. Thank you very much, su keenan. If you are headed to an airport, you better make sure you charged your electronics before you go. Bloombergs yang yang joins me from washington, d. C....
June 19, 2024
Peter cook and to liana gold on a roundtable toward deescalation of tensions. Lets go to geneva as secretary joinste cary kerry discussions on ukraine. Said it was kerry just the beginning, these talks today. The four parties, the United States, the european union, legallynd ukraine he armed illegally armed individuals in ukraine must disarm. They agreed that all government buildings that have been occupied in the southeast of the country must be freed. Some interesting agreements today. All of ...
June 19, 2024
Helping military families getting their awards. You know about salad bars . Our my beer . Conquering the world, one beer at a time. All of that and more over the next hour. First, headlines from our radio cohost carol massar. The minutes from the Federal Reserves june meeting released today, showing some policymakers were concerned investors may be growing too complacent about the economic outlook. Some officials believe that the central bank should be on the lookout for excessive risktaking. Me...
June 19, 2024
Crisis and travel concerns. We begin with a market rally after and eightday losing streak. Good afternoon. Good afternoon. At the midpoint of the trading day, u. S. Stocks are rallying as we close out the trading week. U. S. Data is showing new Home Construction rose in september after slumping a month earlier. Consumer confidence also surprised wall street, rising this month to the highest level in seven years. Saying theyed in, will start purchasing assets in the next nine days. That said, the...
June 19, 2024
During their summit. The Vice President of the European Central bank says it is going to be a complete overhaul of the european banking landscape. Watch for murders and equities. Interesting. Thank you so much. Well get more on the u. S. Budget deal. In corporate news, youre watching and attacks. No big surprise here. Look at profit, look at sales. Significant challenges this year. Stronger euro diluting those earnings. King ofedly, still the fast fashion. We will talk about it later. Those Prof...
June 19, 2024
And after the comcast time warner deal yesterday another merger has just been announced. A purchase. Joseph a bank will buy the eddie bauer brand. The deal comes after joseph a bank flirted with a merger with mens wearhouse. Why are we so obsessed with using the word merger . I think joseph a banks i think i want to flirt with that. Cristina alesci is here now. You talk about mens wearhouse, joseph a bank. Forust to make clear viewers what i am talking about, because it is part of the bloomberg ...