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CNBC Power Lunch July 11, 2024

Good afternoon. Welcome once again to power lunch. Im john for tte, energy up 13 this week and financials also down about 2 . Its the regional banks seeing the most pain, first republic, pnc, truest financial leading that sector lower. And Airline Stocks all lower as we get a clearer picture of what Holiday Travel will look like in this persistent pandemic first, lets get to bob pisani for more on the Market Action today. Bob. Hello, john what happened to our value rally . Banks and things like that moving to the up side, Energy Stocks it got smacked by Covid Concerns and by the lack of stimulus. Thats a problem what do we do . Hey, lets go back and buy workfromhome stocks again. The docusigns, zoom videos, activ ....

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FBC Varney Company July 12, 2024

Wall street expects some kind of stimulus. We have another monday morning rally with plenty of green and the dow jones is closing about a gain of 150, but nasdaq up over 100 points. Big tech up this morning i think pretty much across the board, yes. Its all green. Even though three top executives will be hauled before Congress Next week, both sides of the aisle angry over big tex wealth, power, influence and serious discontent about censoring conservative opinions as some senators subpoenaed jack dorsey concerning twitters suppression of conservative voice service. On the campaign trail absolutely no change. The president continues his rallies hammering his message home in the battleground states and joe biden will hunker down. He appears to have put a lid on the week staying home preparing for thursdays debate. That debate is controversial with the moderator who is supposed to be neutral anything but. Her family has donated tens o ....

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CSPAN Congressional Oversight Commission On Lending During COVID-19 Pandemic July 12, 2024

Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the ....

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CSPAN3 Senate Hearing On COVID-19 Seniors Health Disparities July 12, 2024

Test test captions Copyright National cable satellite corp. 2008 as i described in my testimony, we know that Nursing Homes with a higher proportion of black and latin residents have higher death rates, however theres not universal reporting of the race and ethnicity of those individuals within Nursing Homes who have been affected by covid. That presents for us a significant challenge when it comes to targeting resources in order to prevent the transmission of covid. Because, you know, when covid19 enters a nursing home its because someone has brought it in and what its telling us that if those Nursing Homes are following the same safety procedures of restricts visitors, ensuge that providers have clean ppe every time theyre coming in, then we shouldnt see these di ....

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CSPAN Congressional Oversight Commission On Lending During COVID-19 Pandemic July 12, 2024

Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer
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