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Transcripts For CNBC The News With Shepard Smith 20240712

Shooting death of this man at a gas station. Now, details on the fastmoving case this is not a trivial disease. Covid surging, fears rising, and rules changing the white house blocked new fda vaccine standards. Tonight, what this means for the safety of you and your family. And road rage. Look at that. What on earth is he doing . What caused this go cart racer to lose it on the track . Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. President trump shut down the longrunning Coronavirus Relief talks in congress this afternoon. That means no stimulus, not now, as millions of americans struggle to pay the bills. Big businesses lay off workers and small ones shutter their doors. No more negotiations in congress until after the election, the president tweeted. The House Speaker nancy pelosi says the announcement shows the white house is in complete disarray, but the Top Republican in the senate, the majority leader, Mitch Mcconn

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Transcripts For CNBC Closing Bell 20240712

Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They

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Transcripts For CNBC Squawk Box 20240712

A little hard. It looked to me like it was twitter. Like watching twitter for 90 minutes. I did not stick to my original plan. Baseball and bed the two bs i stayed up. I want my time back. I didnt stay up for that long you can play this game with me i felt dissed. How much words can you come up with disappointing, disturbing, disspiriting, distracting, disheartening. Disgusting. You can probably go there disspiriting i looked it up thats exactly what i wanted to say. After all those disses, i wound up with disinteresting thats when i was gone right . It was a let down ly say that. Some people like to watch the fighting it is hard to turn around from it if you were somebody who was tuning in. In my core pin of both candidates, nothing really changed. Mike Wallace Chris wallace had a tough job. I guess he did okay. Im not going to nominate him why do you bother having rules for a debate if nobody is going to bother to follow them kill the rules or give the moderator a kill switch. Both s

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Transcripts For CNBC The News With Shepard Smith 20240712

Gas station. Now, details on the fastmoving case this is not a trivial disease. Covid surging, fears rising, and rules changing the white house blocked new fda vaccine standards. Tonight, what this means for the safety of you and your family. And road rage. Look at that. What on earth is he doing . What caused this go cart racer to lose it on the track . Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. President trump shut down the longrunning Coronavirus Relief talks in congress this afternoon. That means no stimulus, not now, as millions of americans struggle to pay the bills. Big businesses lay off workers and small ones shutter their doors. No more negotiations in congress until after the election, the president tweeted. The House Speaker nancy pelosi says the announcement shows the white house is in complete disarray, but the Top Republican in the senate, the majority leader, Mitch Mcconnell, has a different take i thin

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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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