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Transcripts For FBC The Claman Countdown 20240712

Crucial states. Markets are proceeding very cautiously. They are mixed at this hour after the dows 650point monday meltdown. We are only adding to that right now. Getting a little uncomfortably close to lows of the session. We are down 185. The low is a loss of 196 at the moment. You can see the s p is down seven but the nasdaq is holding on to some green here, up 50 points. No surprise, then, that megatech is powering the markets leaders. Could all that change tomorrow, when the top brass from facebook, twitter and google face the music in what is expected to be a contentious capitol hill hearing . Senator roger wicker is the chairman of the Senate Commerce committee. He will tell us what he needs to hear from Mark Zuckerberg, jack dorsey and sandar pichai. And breaking news out of tmobile. Forget telecom and 5g wars. Tmobile Just Launched a dual attack on cable and streaming leaders. Tmobiles ceo is here to unveil his brand new weaponry of offerings that has the stock moving higher a

Transcripts For BBCNEWS BBC 20240703

5. 25 . Susanna streeter is a friend of the bbc and is waiting in the wings. I saw you react as soon as that announcement came up. Your reaction, please . Reaction, please . Yes, finally the Bank Of England reaction, please . Yes, finally the Bank Of England has reaction, please . Yes, finally the Bank Of England has pressed reaction, please . Yes, finally the Bank Of England has pressed the | reaction, please . Yes, finally the i Bank Of England has pressed the big red pause button on Interest Rate hikes and this will be a big relief for those consumers and those companies who have been really struggling with higher Borrowing Costs. And it is clear that that the drop in inflation in the year to august and also that caught rate of inflation, stripping out volatile food and fuel prices, really did come as a surprise because they voted with the majority of 5 4 to maintain the bank rate and to keep rates on hold. Whereas if you look at the last time they had to make this decision, only on

Transcripts For FBC Varney Company 20240622

This is appointing to how things open in a half hour. Down, way down. This is Dow Jones Industrial average futures. Its a look how things are going to work out 29 minutes from now. Were going to be down around 675, thats a significant 4 drop, its huge. Look at the price of oil. Fresh 6 1 2 year low, 39. 03. Now at 38 again. And that, go en, is a huge selloff, but i want to trigger right at the start and get into the drop in china. Look at these declines in asia. Starting with the shanghai at the top down, 8 1 2 . Hangsang index, hong kong, japan down 4 and south korea 2 . Mary kissel is right here. All right, china, there are reports theres speculation that the government in beijing has lost control and thats scary. Well, i dont know about that, stuart. Look, china may have been the trigger for a reality check for the markets. What has happened over the last six years, you had very low Interest Rates that let governments all over the world and china were particularly big spenders, seve

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