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Transcripts For CNBC The News With Shepard Smith 20240711

Americas Largest School system closed. The Ripple Effect of our kid being sent back home and a cnbc special investigation. Faster payments mean faster fraud. Criminals using popular apps to launder cash meant for americans. Good evening more good news to report on the vaccine front tonight and it comes at a dire point in the pandemic just an hour ago we got word the United States has now topped more than a quarter Million Deaths thats more than strokes, suicide and car crashes typically kill in a full year. The virus killed more than 1,700 americans yesterday alone. Johns hopkins reports its the deadliest day in six months. In addition, hospitalizations hit another high more than 76,000 people in the hospital for covid, according to the covid tracking project by nearly every available metric, the pandemic is worse than ever, everywhere across the country. For months new york city kept its positivity level very low. Now its rising and forcing the Largest School District Court in the nat

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Transcripts For RT Boom Bust 20240711

A middle. Of the night very hardworking people who want to get ahead that either have some Health Issues or have some of the bad luck a full time job is paying for a place to live and missing just a months rent. If anything bad happens to any thing that just throws your budget off slightly. Better catch up real quick. Possession against you and get a pick anyone thats homeless is history like garbage people look at you like a monster or someone bad or you chose to be there most of the time its not the case see how it is to be in the worlds richest country. This is boom bust the one business show you cant afford to miss ive been sworn in washington coming up at woodys and big point continue to rally another huge day for the stock market all of this despite the idea that remember stocks were supposed to drop on a contentious general election and were going to talk about the Federal Reserve today why your own power may be laying low for the moment how long will that last weve got a lot to

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Transcripts For RT Boom Bust 20240711

Appears to be soaring across the midwest and the plain states in fact new reports show that 7 states have now set records for hospitalizations for covert 19 the states of connecticut maine michigan minnesota nebraska and north dakota jumps of more than 45 percent in their 7 day rolling average new data also shows us that the data that 1907 deaths by the way were recorded wednesday its lower than the 1134 deaths reported the previous day in total the corona virus has killed 233734. 00 people in the united states. Meanwhile pharmaceutical giant astra zeneca says that its late stage trials for its potential Coronavirus Vaccine is on track to produce results later this year obviously this claim is based on a whole lot of ifs if Regulatory Approval happens and if the results of Community Infection rates around the world which includes 23000. 00 volunteers now enrolled in Clinical Trials goes well the facts. A z d 1222 right now appears to be the front runner in the global race for the cover

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Transcripts For CNBC Squawk Box 20240712

The sessions you want to take a look at whats happening with u. S. Equity futures this morning. Dow futures up 10 points, s p up by three we are still under water for all three major averages even after the gains we saw yesterday the dow down about 3 . The nasdaq is down 5. 6 also bumping up against the end of the quarter. Major averages still in positive territory. Youll see now, it looks like the 10year is sitting at 0. 65 of 1 . Andrew, welcome back thank you, becky House Speaker pelosi said democrats proposed a new 2. 2 trillion relief bill saying it is a compromised measure with in funding for schools and airlines white house chief of staff saying President Trump would be willing to sign a 1. 3 trillion relief package well see, guys where this all heads. Inching along we went from 2. 3 to 2. 2. I dont know where the white house is Vice President mike pence said yesterday americans should expect a rise in covid cases in the days ahead as testing increases in some midwestern states

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Transcripts For CNBC Squawk On The Street 20240712

Services committee and how the markets may react. Then we will talk a bit about this try yant stake in our Parent Company comcast, what is the behind the thinking at triant and what if anything may owe dur as a result. Teslas battery day, where that stock is trying to recover this morning after yet another tweet from elon musk which is part of the discussion today, jim. Whether or not hes setting expectations in a different way saying that some of this high volume production is a phenomenon still a couple years away. Hes giving us an underpromise, overdeliver, i think, which is highly unlike him, but it could make more a little more pizzazz. Theres been so much talk about battery day, maybe he lowers expectations an blow them out. People come out and want to buy tesla, want to buy amazon, positive notes about apple, positive note about facebook its just become the pattern youre waiting and waiting for when the selling is over and then, david, they cannot resist. Theyre down 15 and 17 p

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