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Transcripts For CNBC Squawk On The Street 20240712

That because there are a lot of people who just think if we can break through that then were going to be able to say when we get a vaccine its just going to be game, set, match for the bulls because we are already at this level without the vaccine i think that today is a confluence of goldman puts citi, wells fargo and jpmorgan in the rearview mirror. Its the old Goldman Sachs model. We have moderna talking up a blue streak this morning on squawk with meg making us feel like inject my left arm, please. We have the Goldman Sachs number that looks like the old days david faber, goldman reminds me of when i dont know, what, 18 years ago yeah. It is a report from goldman that is you can liken to sort of some of the earlier years of their dominance when they were only recently a public company, jim, or really lets not forget their record quarters were actually right at the end of the financial meltdown of 08, 09 remember the numbers they printed then but this is a very Strong Quarter for th

Transcripts For CSPAN Poor Peoples Campaign Holds A Nationwide Virtual Rally 20240712

[chanting] any nation that ignores half of its people is in a moral and economic crisis. We will do more there will be a movement. To bring people together save the heart and soul of this democracy and this world. [crowd chanting] almost 87 years ago, my father, reverend dr. Martin luther king, jr. , reminded america of the fierce urgency of now. But now is not the time to engage in the luxury of cooling off. It takes the tranquilizing drug of gradualism. But now is the time to make real the promises of this democracy. He was working with poor people of every race, from every corner of this nation, to build a Poor Peoples Campaign when he was assassinated in memphis, tennessee, five years later. Today, as his daughter, i am honored to add my voice to the Poor Peoples Campaign, a National Call for moral revival, and stand with the 140 million poor people and low wealth people urging america to address with the fierce urgency of now the big issues of poverty and race. Please join us in t

Transcripts For FBC Mornings With Maria Bartiromo 20240712

Markets under pressure this morning to the tune of 100, 74 points lower, nasdaq is up 7 points. S p 501 just down a 500 just a point. House democrats passing Police Reform bill but not expected to make it to President Trumps desk. A bill bruised in the senate to allow autonomous zones as the president prepares to sign off on order to protect monuments. Unanimously passing sanctions in country in reaction to restrictions of hong kongs freedoms. 2020 race, new polls show joe biden leading in key battleground states. Mornings with maria is live right now. Maria Global Markets this morning. Cac quarante up 77 and dax index in germany 115 points. European central bank kristin lagard said the worst of the coronavirus is still behind him but concern of a second wave to come potentially. In ash overnight, markets were mixed, markets in china remain close for holiday. Asian economies head to worst quarter since 2008 in the financial crisis. Kospi was up 1 , and japan nikkei average up better th

Transcripts For CNBC Power Lunch 20240712

487. In part because of a big move in the dow in boeing as it gets ready to test that 737 max for recertification. The s p and nasdaq is higher but by lesser percentage gains theres 10 million global cases of coronavirus half a million deaths. The daily case count here in the u. S. Hitting a record high over the weekend. Well have more on that. Facebook, a big laggard today. Down 10 in the past week as big advertisers, its up today as big advertisers pull millions of dollars from the social media platform power hundred lunch starts righw thanks the the dow and s p jumping back into positive territory for june and on track for the third month in a row of gains now. Lets head to dom for more on these markets. We need a few more hundred points to get back what we did lose on trading. Dow industrials 25,505 is right know hovering near the highs of the day the s p 500 a relative laggard thats whats driving the dow today. Check out whats happening large caps versus small cap stocks we talked

Transcripts For CSPAN3 Confirmation Hearing For U S Postal Service Posts Other Nominations 20240712

Up next a confirmation hearing for u. S. Postal service governors and other judicial nominations to the d. C. Superior court. During this meeting members of the committee asked nominees questions concerning the health and safety of postal workers amid the coronavirus pandemic. This morning we will consider two nominees for the governor of the United States Postal Service, don lee moke and william zolers. Well consider three nominees for the judicial system to be associate judges in the superior court of d. C. We do have brief introduction of each. Donald lee moke served as president of the Airline Pilots association and captain with Delta Airlines for 31 years. He also served as an officer in the United States marine corp. Thank you so much for that service. William zolers serves red stone llc, hes the chairman and ceo of yrc until 2011, prior to that served in Senior Leadership positions with rider incorporated and Eastman Kodak company. Mark robins serves in office of general counsel

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