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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Ireland, so we are watching the pandemic on those fronts. It wealth story right now is the welsh story is the most serious clampdown. A circuit are being brought in with the hope and expectation that could be lifted after two weeks. Tom and on brexit, im thinking fishing rights. There is an update. It is the end of october, we are getting what is the brexit plan the rest of this week as we are all distracted in america . Anna it seems as if the u. K. Government is still waiting for concessions on the e. U. Side before jumping back in to any kind of talks. Sidewants to see the e. U. Actually verbally explicitly say they will concede something in order to get the talks restarted. We will see whether the e. U. Jumped at the chance or not. Tom we will get to the data in a moment. Futures up 18, a lift off what we saw yesterday afternoon. With first word news in new york city, here is ritika gupta. Ritika House Speaker nancy pelosi and treasury secretary Steven Mnuchin are drawing closer to

Transcripts For FBC After The Bell 20240712

Both banks reported betterthanexpected results but they warned there are still risks looming for the economy. Today our swing state economy series continues from here. The state of florida, were now in Pinellas County which could actually endp deciding the election. It is really the Battle Ground of all battlegrounds. Well talk coming up why that is the case from here in Clearwater Beach. First the news, fox Business Team coverage of todays top stories. Blake burman is the a the white house. Hillary vaughn reporting on the Supreme Court hearings from capitol hill. Both Jackie Deangelis and susan li are in our new york newsroom. Blake, we start with you. Reporter connell, when it comes to covid relief here in washington there is seemingly a disconnect on both end of pennsylvania avenue. Lets start with the other side up on capitol hill because Senate Majority leader Mitch Mcconnell today suddenly announced that he would be putting up for a vote next monday a 500 billiondollar relief pac

Transcripts For CNBC Squawk Box 20240712

Half hour, joining us for questions. If you had to pick one, would you rather buy gold or bitcoin a lot going on this morning on squauchl thats actually a game we play on fast money would you rather that answer, the day after bitcoin crosses, particularly saling at the section. What i like best when they move in the opposite direction with pops and drops. Was that not a fast money that is like classic fast money circa 2007 classics are the best that is peered the way they are moving together. The way of the digital gold story. Weve got all of this money printing the depth of the crisis getting down to 4,500 . I think lower like 3,500. I wanted to ask you i dont know where you are i dont want to know what type of lease arrangements have you seen. When are they coming back to work at google summer 2021 what is it now . Summer of 2020 it is a year from now google, alphabet is the most out there. Facebook is june 30, 2021. I wonder if all the Big Tech Companies follow suit. Microsoft was o

Transcripts For CNBC Squawk Box 20240712

Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond Holdings and Mortgage Backed securities at 40 billion a month. Take a look at the 10year note, yield now sitting at 0. 698 . Crude oil prices have also come down a little too. Wti is down about 3 this morning. Ticking at 38. 38 a lot of this is because of what the fed is you no saying you are really expecting some tough economic sledding. The news out of 12, 13 states probably not great either. I think it would be hard for me to sell right now. You wait around. We dont invest. You would have wis

Transcripts For FBC The Claman Countdown 20240712

Vaporized. We are at 9529 for that. The selloff comes as President Trump is minutes away from arriving in dallas, texas. Now, once he lands, hes going to head to a 4 00 p. M. Roundtable with faith leaders and police to discuss issues from racial inequality to Police Brutality. The Dallas Mavericks Basketball Team just held their own discussions with local police and current and former nba stars, including shawn marion. How has the nba team managed to strike the right tone . The ceo of mark cubans team is here to tell you. Shes here in a fox business exclusive on making the business of basketball both diverse and inclusive and of course we will ask her about the upcoming restart of the nba season next month. If you have to pick the underpin of all innovation today, you would have to say its a teeny tiny square of silicon with transistors on it. No wonder team trump is looking to lure foreign microchip companies away from china into the United States. The state departments point man is h

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