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Transcripts For CNBC Closing Bell 20240714

We will dig in and follow every move the cbo out today saying the deficit will increase more than earl remember forecast as david said, retail strengths, lowes up t. Target up, more signs of spending from the consumer charlie, welcome this is your kind of rally day any great reason behind it the American Economy continuing to be 70 consumer form the consumer is in very good shape he walmart had seals up almost 3 , target, home depot showing strong results its very hard to have a recession with dropping unemployment, rising wages and strong consumer spending, and yet some of the members of the fed want to cut 50 basis appoints, double what they did. I dont think theyll succeed. I think theres just as many that dont want a cut at all we need to keep bullets in the gun, this is not the time to be cutting rates in the middle of a Strong Economy frankly i think the president s tweets actually decrease the chance of a cut. Nobody on the fed wants to look like theyre bowing to his whim. Lots

Transcripts For BBCNEWS The Papers 20240714

Celsius and some of the warmth extends into eastern scotland as well. Into wednesday, there is a question over whether we see some thundery showers break up but there isa thundery showers break up but there is a possibility, but for the most pa rt most is a possibility, but for the most part most of the uk is in that warm hour, and if anything it will be the hottest day of the week with temperatures up to 3a celsius, that would make it also one of the hottest days of the year. Beyond that, beyond wednesday, there are questions over how long this hot weather will stay around. A sharp drop in the jetstream the most likely scenario, easing to allow these Atlantic Winds to move in, so ultimately the weather probably turns cooler and fresher, however there is a chance that such updraught could turn sharper, so sharp that jetstream updraught could turn sharper, so sharp thatjetstream splits apart and we start to get an upper low somewhere towards iberia, and in that kind of scenario we see t

Transcripts For BBCNEWS BBC News 20240714

Of stabbing him to death held a phone to his face and said im going to kill this man. Europes in the grip of a heatwave. With extreme temperatures in france, germany and across the continent. And all eyes on the lionesses as england prepare to take on norway in the womens world cup quarter finals. Boris johnson and jeremy hunt face questions from conservative Party Members tonight in the second official hustings of the leadership campaign. Mrjohnson is promising changes to the immigration system if he becomes Prime Minister. To an australian style model, and the opening speech he said any further delay of brexit read the trust. We can come out on october 31 we must and we well, and the way we do it is a good way of getting a great deal, you sort out problems of the backstop, outside of the current withdrawal agreement, you disaggregate the elements of that 110w disaggregate the elements of that now defunct which ill agreement and do this citizenship first, get ee at 2. 2 million eu nat

Transcripts For BBCNEWS Outside Source 20240706

and his supporters. we start with the troubled global banking sector. european markets have closed down more than three percent, spooked by a major sell off of shares in the swiss banking giant, credit suisse. coming days after the collapse of us based silicon valley bank, it s prompted fears of a full blown crisis in the sector. let s take a look at the damage at the close in europe today. shares in credit suisse plunged to a record low, falling 24%. that came after its biggest investor said it could not give the bank any more financial help. here in the uk, the insurer prudential tumbled 10%, and the high street bank barclays, 8%. the plunge by banking stocks left london s ftse 100 down almost 4% at its lowest level this year. it was the index s worst one day performance since the start of the covid 19 pandemic. taking a closer look at credit suisse today was the second day of sharp falls for its shares after the swiss bank yesterday disclosed that its auditor had identif

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