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Times Peterson Foundation poll, only 14, 14, 14 of families own stocks outright. Meaning the market is creating all this wealth for the few, not the many 60 of americans dont even know that stocks are up for the year and theyve advanced 24 hallelujah so after a sedate day where the dow gained 28 points, the nasdaq climbed 0. 05 , lets talk about what the heck is going on here i think its a lot more complicated than simple ignorance. The first reason why people who can afford to own stocks are sitting on the sidelines earning very little, the disastrous bear market at the turn of the century im...

Annabelle we are cutting down to asia major market trading opened at the top stories this hour. The s p 500 closes in historic high as the Federal Reserve signals its on track to cut rates for the first time in two years. Haidi officials maintaining the outlook for three cuts this year suggesting that the reason of tech inflation is an uptick in inflation. Annabelle reddit is at 34 a piece, it sold more than 15,000 shares in the offering. Breaking news at the top of the hour, the hkma keeping its base rate at 5. 75 . No big surprises given the hkma is not an independent authority, it follows t...

Market cap year alone ed and while ways chip huaweis ship that used technology from two u. S. Manufacturers. Caroline a macro environment paints the picture of a Good Environment that is not so hot that the fed cannot pull back on rates. 6 10 percent higher on the nasdaq, a new record high for the nasdaq and s p 500. Yes, tech leads the charge and ai is the area of focus, but we cvs see the s p push higher. What else do we see it clips . The record we saw on bitcoin. We get a new number. 70,000 is where we managed to push up to, we are back down briefly, but this seems to have legs. Ed, what d...

Major changes to Public Transportation in the bay area and what it means for the future of mass transit. I am christine zee. We got a great conversation for you today. Three of them, in fact. Youre watching getting answers on abc7 every day we talk with experts about issues important to the bay area and you just in the last two hours caltrain announced fare increases starting in 2025. The announcement comes just as bart implements big changes to try to improve its service with ridership still far from prepandemic levels. Joining us live now is john goodwin, assistant director of communications...

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