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CNBC Street Signs July 12, 2024

Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to thi ....

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CNBC Fast Money Halftime Report July 12, 2024

Pete, ill begin with you. We got to 464. Were right on the doorstep and pete, it seems no maertter you throw at apple, the stock continues to go higher i think it comes down to fundamental story. We talk about the fundamental story all the time but the reality is, they crushed it again in q2. When you look at the revenues and the earnings and the beats they made there, the double digit beats they made, its extraordinary. The other side is how about when they came out with the less expensive 399, the se model. That was another genius move then, its not just the services you look over at the wearables you combine those two and you not too far away just those two entities. You put thoeds together. They are close to 20 billion and the iphone brought in 26 billion. When you look at this from a fundamental perspective, youre looking at a company thats clicking on all cylinders and you still have 5g and the split. Theres different elements to this trade that tells me the stock can get up and ....

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CSPAN2 Gary Cohn Discusses U.S. Economy Amid The Coronavirus Pandemic July 12, 2024

Good afternoon everyone and welcome to the sign institute of policy and politics summer series sign of the time. Im amy, executive director and at the sign institute we are a laboratory for University Wide collaboration and incubator for policy innovation. It can mean the best and brightest of the public, private, academic and nonprofit sectors as well as journalism and its program is only possible by a generous gift from our alumni, jeff simon and his wife meera for todays topic is the path to recovery, what is the true state of the u. S. Economy and it cannot be more timely. We would like to take a moment to acknowledge our cosponsor for this event, the school of business at American University and to think the dean for his support and also thank the distinguished leaders joining us today from our board of trustees and alumni board members. It is my pleasure at this t ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

After the adp report, employment is still a bad number. From 43. 1, so42. 1 that feeds into the narrative that even if the economy opened up a little bit in july, we are going to see fewer people working, and we will probably see adjustments to peoples payroll forecasts for friday. Alix is that the one take away from today, the slower rate of job hiring . Michael that is the important thing. You can open up the economy and get a yield sitting in the middle of the street or a restaurant, but the people who serve you are not coming back as quickly as they would hope. That will slow the economy overall. Alix you mean in new york you literally have tables in the street. I appreciate that take them. One other sign of hope in the race for a vaccine you have shares surging to their highest in five years. I two shot experimental covid19 vaccine generated antibody responses in healthy adults that were four times higher than in people who have already recovered from the virus. I am joined by the ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Good but still will not accept they should be law. Asia is set to follow wall street higher as investors weigh theirdevelopments against cases. The s p climbed for a Third Straight day. Shery lets get you started with breaking news south korea. We are seeing inflation rising faster than expected. Both the month on month and year on year figures now escaping that disinflationary territory. Month on month inflation rising 0. 2 and 18 expectations. The expectation was for no change, also coming out of three months of decelerating prices. When it comes to the year on your numbers, the inflation remaining flat. The expectation was for prices to contract, and its also coming after falling into disinflation for the First Time Since september. Core prices your near rising 0. 6 , which is a faster gain than was expected as well. We have seen a little bit more demand coming from chin ....

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