A look now at challenges in the property Insurance Market witnesses discuss the impact of rising Interest Rates, oversight of Insurance Marketplaces and insurance providers leading california, texas and other state this hearing held by the senate, taking housing and urban housing committee. Committee banking, housing and urban affairs, to order. Witnesses who have been before and welcome, colleagues and staff first hearing, obviously, post labor day. A few Financial Decisions are more important than buying a home but homebuyers are making the best for themselves, their families and communities. Homebuying is an act of optimism and also stressful families buying a new home have so much to think about a sure they cover that down payment, navigating mortgage and closing process, moving in, getting kids set up in new schools if they have children. Buying Homeowners Insurance has been a part of the process that gets families certainty and peace of mind for homeowners are confident their mon
Over a major market. The demand in china is driven by a weak private consumption. This is not really coming up. Theres uncertainty in the people. The export is not picking up that well because the Global Economy is not that strong. And israeli Prime Minister Benjamin Netanyahu stands firm on the rafah offensive despite telling cnbc they will push on regardless. Yes, we have a disagreement on gaza, rather rafah. We have to do what we have to do. Sometimes you have to do what is required to ensure your survival and future. China and russia signing a joint statement on ties with russian president Vladimir Putin highlighting energy as a key priority. We are looking at breaking news from the ecb. The European Central Bank Financial stability review coming through this morning. Just reallyi speaking about financial vulnerabilities have eased, but the outlook is remaining fragile according to the ecb. Conditions improving ultimately there. Recession risk declining, but markets remain exposed
Bottom line at novo nordisk and shares moving in an interesting direction overseas. And looking at the u. S. And what jay powell said could give emerging markets a boost today it is thursday, may 2nd, 2024. You are watching Worldwide Exchange here on cnbc good morning and welcome to Worldwide Exchange. Were coming to you live from cnbc london. Lets get you ready for the trading day ahead. Wall street is waking up with whiplash after the rally that saw the dow surge 500 points higher and ending the day with marginal gains u. S. Stock futures are trying to build on the gains you see they are gleareen acros board. Dow opening at 120 points higher nasdaq off the highs from earlier, but up. 50 all this after jay powell ruled out the next move by the central bank which could be a hike my expectation is that we will, over the course of the year, see inflation move back down thats my forecast i think my confidence is that is lower than it was because of the data we have seen. It is unlikely th
Next, executive Branch Officials and policy advocates examining the impact of Climate Change on u. S. Household finances, especially for those living in vulnerable communities. The Treasury Department released the report that theyve this event. This is hosted by the urban institute in washington, d. C. And runs about an hour and 20 minutes. [inaudible conversations] [inaudible conversations] welcome and good afternoon. I am signemary mckernan, the Vice President here at the urban institute of the center on labor and services and population. And also a Financial Wellbeing expert. So the. Top todays topic near and dear to my heart. Thank you to all of us who joined both in the room today and online. And before i jump in here are a few notes on f housekeeping. One, the event is being recorded and the recording and relevant links will be posted online after the t event. If youre joining us virtually the life captions are turned on and you can adjust those at the bottom off your screen. And
Institute in washington, d. C. , and runs about an hour and 20 minutes. Welcome and good afternoon. I am the Vice President here at the urban institute, at the center on labor, human services, and population, and also a Financial Wellbeing expert. Todays topic is near and dear to my heart. Thank you to all who joined, both in the room today and online. Before i jump in, here are a few notes on housekeeping. Housekeeping. One the event is being recorded. The recording and relevant links will be posted online after the if you are joining us virtually, the life captions are turned on and you can adjust those at the bottom of your screen. If you are in the room, you can use the qr code that is on all of your tables to submit your questions, and the virtual audience can submit your questions directly into the question and answer box at any time. Any time. We are going to be sharing a link with a post event survey and we ask that you share your feedback with us. It is helpful for us and for