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Transcripts For KPIX CBS This Morning 20240712

We have new details about the suspect. And 50 days until the election. President trump holds a large indoor rally and defends his coronavirus response. How the two candidates stack up in our new Battleground Tracker poll. Including in a state the president won four years ago. The countdown is under way. First, heres todays eye opener. Its your world in 90 seconds. Dozens are missing. State officials are warning of a potential mass fatality event. Southern oregon has been devastated. The death toll from wildfires continues to climb. Please remember the words very simple. Forest management. Dangerous Tropical Storm is churning off the gulf coast right now. Its getting stronger by the minute. Our job in these storms is to prepare for the worst case scenario. President donald trump held his first indoor rally in nearly three months. November 4th, theyll announce well open u ....

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Down nine basis points. Europe is jumpy holding onto positive territory. Who knows . Brexit conversations throughout this week. Coming up later in the hour, we are going to speak to gregory poland of the mayo clinic to get his perspective on the latest vaccine trial results from astrazeneca and pfizer. What does it actually mean for the market . Eu leaders are reconvening about premuch now for stimulus negotiations in brussels. The goal to seal the deal signaled that they are ready to agree on 390 billion euros of funding be made available. German chancellor Angela Merkel sounded optimistic earlier. Night, wealks last worked out a framework for possible agreement. Perhaps today an agreement will be made. Is underground for us. You have been covering this from the beginning. We understand there is a lower provision for grant and loan guarantees. Are they going to have people checking . Is there going to be an
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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

Who have paychecks. People do not right now, which brings us to the second big issue, which is Unemployment Insurance benefits. A gut instinct is we will see two month extension of the current Unemployment Insurance booster payments such as 600 a week through september 1. The alternative is we cut it to 400 a week, but extended for a longer duration, say through year end. Referenced achin technical correction needing to be made. This is far from a technical correction. This is a deepseated issue of disagreement between democrats and republicans. I would say this is the biggest sticking point. The way it will get resolved it to throw money at the problem. To that end we have shifted up our expectations of the overall scale and scope of the bill. The last time we spoke i was expecting a 1. 5 trillion package. Now our base case is 1. 5 trillion to 2 trillion. The ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Infection rates low in tokyo but hong kong says the situation is increasingly severe. Jack ma looks to make more headlines. He is aiming for a 200 billion valuation with between listings in hong kong and shanghai. Look at how take a we are setting up when it comes to the asian open. We have a lot of positivity carrying on from that session. Investors are backing that buy the dip trend. The nasdaq hitting the alltime high. The s p hitting positive for the year. S p active futures contracts a little bit lower at the moment but it seems like the positive. Evelopment on vaccines trading sideways if you will. The dollar was broadly weaker in g10 except for the yen. We had Dollar Strength and yen weakness overnight. That is the handle we are looking at ahead of Inflation Numbers out of japan and getting machine tool numbers as well as some
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Transcripts For KGO ABC World News Now 20240712

The issue of physical separation is important. Masks can help. But it is masks plus physical separation and when we get congregations like we saw with the demonstrations as we have said, myself and other Health Officials that is taking a risk. Unfortunately what we are seeing now is an example of the types of things we were concerned about. I would not be surprised that members of the congregation that were there demonstrating could also be infected and many of them will go back to where they were because not everyone was demonstrating in the city where they live. Theyve come from the outside. It is the kinds of things we are concerned about and unfortunately we are seeing it come true right now. When you are developing vaccines, there is never a guarantee you are going to have a safe and effective vaccine. I am confident about how well the process is continuing and the development of more than one candidate. In the testing in a ....

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