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Business TV Returns to Davos for 2024 World Economic Forum

Business TV Returns to Davos for 2024 World Economic Forum
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Airbnbs in NYC are disappearing. Here's what could happen to hotel prices

Hotel prices likely to rise in New York City, so travelers should book “sooner rather than later,” said Kevin Davis, CEO of JLL Hotels & Hospitality’s...

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Hotel rates in New York City likely to go up with Airbnb rentals gone

Hotel prices likely to rise in New York City, so travelers should book "sooner rather than later," said Kevin Davis, CEO of JLL Hotels & Hospitality's Americas.

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Detailed text transcripts for TV channel - MSNBC - 20160107:15:32:00

just a little while ago. but there you see it. cnbc's mandy drury is looking very closely as she does to all the developments. all of this happening after the stock market plunged in china again today, right? >> yeah, and the fingers are still being pointed very squarely at -- well, also plunging oil prices sitting around 12-year lows but also china and the economy and the shanghai market, the main stop index plunged again overnight. and it triggered the second automatic halt in trading this week. so the new news this morning, jose, and the reason why we're starting to see the market come off its lows is because the chinese security regulator said that basically that circuit-breaker mechanism just didn't work out, quote, as expected. and that they're therefore going to suspend it from tomorrow. so obviously, it's helping sentiment a little bit in the markets here in the u.s. but you really do have to wonder about the credibility of those chinese authorities and whether or not from here on they do have the power to stabilize the markets. so what we're seeing in terms of our markets is that the dow and

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Detailed text transcripts for TV channel - MSNBC - 20160107:15:33:00

the nasdaq are now more than 9% from their recent highs. and we're also starting to wonder, you know, did the fed make a policy mistake in hiking its rates recently? already we're watching the odds come down for further hikes this year. they're down to about 36% for chance because over fears of a global recession. slowdowns in countries like china, major, major economies in the world and elsewhere. and that's also what's keeping the pressure on commodity prices. so it's not just one thing. we can't just say it's china. it's a confluence of various factors going on, jose. >> right. cnbc's mandy drury, thank you. great seeing you. >> you, too. let's bring in "forbes" contributor gordon chang. gordon, good to see you. how are you? >> fine, thanks. thank you, jose. >> we talked a lot over the summer when similar concerns about china's economy threw world markets for a spin. is this all about china and its regimes' me lags of the markets and its currency? >> well, the manipulation is a problem, but i think it really

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Detailed text transcripts for TV channel - MSNBC - 20160104:15:10:00

>> jacob soboroff, thank you very much. now to some breaking news, o on story this first day of trading in 2016, stocks down almost 400 points right now plunging at the opening bell. want to bring in cnbc's mandy drury. she's been watching the markets this morning. what more can you tell us about this plunge? >> it is not just a plunge here in the united states. we've seen really deep losses around the world markets on this very first day of spring. keep in mind that a drop on the first day of january, doesn't mean much. there is a bit of mythology about the first day of trade but don't put any stock in that. we had chinese manufacturing data that came in weaker than expected. then we saw stocks there in china halted with a new circuit breaker after declining very sharply. as you can imagine here in the states we're seeing a lot of stocks with chinese exposure like alibaba, yum brands,

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Detailed text transcripts for TV channel - MSNBC - 20151020:14:27:00

leaving you free to focus on what matters most. while we were speaking to you the vice president joe biden just returning to the white house. more on what he said a matter of minutes ago. time for a quick check on wall street, the dow down slightly today, pressured by ibm, which posted another weak earning report. that stock has a big impact on the dow. our mandy drury has more. mandy, good morning. what are we seeing? >> good morning as well. we're right in the middle of the earnings season, and some high profile sort of sector bellwethers have the ability to knock the entire market. case in point you mentioned ibm is weighing on the dow after the revenue fell for the 14th quarter in a row. it also cut the full-year

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Detailed text transcripts for TV channel - MSNBC - 20151019:14:27:00

and fast. another big event on the world stage is the ecb meeting, european central bank meeting, with the possible extension of ecb stimulus there so lots of things to keep us busy. >> mandy, one more thing. we are hearing some news about oprah winfrey making a new investment and that has a lot of buyers in a particular stock going nuts today. >> yep. that stock going nuts is weight watchers. op oprah winfrey announced an initial five-year partnership, she's investing in about 10% of the company, about 6.4 million shares. with weight watchers popping, it is on track for its biggest day ever. a moment ago when i checked the stock, i think it was up 60%. the winfrey touch is in play with the stock today. >> losing weight but gaining some green in your pockets. cnbc's mandy drury. >> i'll take that. back to our breaking news,

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Detailed text transcripts for TV channel - MSNBC - 20151019:14:26:00

economy. mandy drury has the latest from cnbc world headquarters. >> reporter: peter, you're absolutely right. stocks are very soggy this morning. the main event waps the chibz d chinese data with the economy growing at.9% a quarter. that's a growth rate enviable for a lot of other countries but certainly not good in china because it is actually the weakest level since 2009. it was still slightly better than expected which means it might not unleash the big stimulus that some were hoping for from authorities there. mind you, we do take that data with a grain of salt. but nonetheless, it is sort of like a situation where it is not so weak as to immediately get that stimulus the market was wanting, and it is not so strong as for everybody to say well everything's okay. but what it does do is it just keeps pressure on the global markets because china is a big worry and of course we also have lots of other things to concern ourselves with like corporate earnings this week, coming thick

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Detailed text transcripts for TV channel - MSNBC - 20151015:14:29:00

up, it can be a good correlation for the stock market as well. that's another key thing we're watching. >> mandy, great seeing you. thank you so much. >> thank you. >> take care. still ahead, a new report following the money flowing into 2016 presidential campaigns. revealing some pretty stunning details about where it's really all coming from. and coming up at the top of the hour, president obama with a major announcement on a shift in strategy in afghanistan. richard engel will have those details and a whole lot more right after this short break. does your makeup remover take it all off? every kiss-proof, cry-proof, stay-proof look? neutrogena® makeup remover does. it erases 99% of your most stubborn makeup with one towelette. need any more proof than that? neutrogena. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable, professional. would you trust me as your financial advisor? i would. i would indeed. well, let's be clear here. i'm actually a dj. [ dance music plays ]

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