Rush has been dependent on western air technologists industries. Sir. Transportation corridors, sir, banks, currencies, insurances, payment system. So across the board, one problem for the west us, weve been reliant on Russian Energy and was russian agriculture. And yes, i agree culture her as well. So the, the problem now of course is by reducing or cutting reliance on russian gas and oil, or we actually her to our, on the con, miss, obviously because her, in often with treat this idea that were buying Russian Energy of some kind of a charity to rush about, of course, this is if you want Competitive Industries in europe in the, the key ingredient is always cheap energy, so cheap Energy Resources to match it, metals and different resources. And we can always got this from russia, and this, its been through all the history, the germany about it, not only in recent times and started actually during the height of the cold war. And yet at that time, both sides are respected. I have contrac
Substantial. The nasdaq composite is up half of 1 . The swing is not even 100 points. We started off in the red and now we are in the green. We got in home prices that rose the fastest in seven years. This group is doing really well. Kb homes up 7. 7 . We saw double digit Revenue Growth for kb homes. Back to you. Lori thank you, nicole. Gaining 12. 4 from a year ago. There are some concerns about the home price gains peaking. Adam news alert for you, Eric Schneiderman seeking the help of washington, d. C. To help prevent highfrequency traders from getting information earlier than the rest. They paid thompson and reuters for that information. Speaking at the bloomberg market, the attorney general had this to say. We are seeing something far more insidious than insider trading. Small coop of powerful groups inside the market are able to use soon to be Public Information combined with highfrequency trading. Adam he says regulators face several challenges tracking and preventing these. He
And also be helpful for the newspaper industry. Host one more question. Guest again, you talked a little bit about it but what effect will timeshifting people view things over the internet on Linear Program channels . Guest its going to have an impact but i believe broadcasters because of the publics values they serve, because its free and because its local, we are a survivor. When television came along everybody said radio was dead. When the internet came along and cable and satellite everyone said broadcast is dead and now we are still very much alive and well in both radio and television because we have an architecture and a niche that is hugely important and obviously capturing the eyeballs of the American People . Host where you sit at the seat of National Broadcasters what is the job Going Forward . Guest to preserve channels that are not interfered with in sufficient volume that we can innovate in the future and provide these remarkable new television experiences, which are not
The nasdaq gained. The dow finished the day down 46 points, s p down 3, and the nasdaq up 3 points. Gold dropped slightly, but stayed above 1300. The Washington Post is being sold to jeff bezos, founder of amazon. Com, for 250 million. The deal includes all of the posts newspaper and media assets except slate and foreign policy. American eagle nose dived 16 after the teen clothing retailer cuts its secondquarter outlook in half. Abercrombie fitch also fell. Better times in july from 16 nonmanufacturing industries in the u. S. Everything from arts and entertainment to retail, transportation and warehousing. Glen schultz of Performance Trust joins us to help sort it all out. Hi there, glen. Hi, how are you . Im doing all right, and id like to know, the rate for the nonmanufacturing sector seems to be accelerating. How is this happening if job growth was just 162,000 . One of the things that we saw at the beginning of this year was employers beginning to back off in terms of hiring. So, w
And squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc on this jobs friday. Im becky quick along with joe kernen and Andrew Ross Sorkin. And we are past the point of no return. We have a rocking lineup for you today. Kelly king, the bb c ceo, roche ceo chevron swan and Houston Texas owner robert mcnair. We have matt shattock. Were going to be covering jobs in the market. Vince reinhart will be joining us. And what is a jobs friday without a little shot of rock and roll . Kansas is celebrating 40 years in the music business. It has been a very changed scene over those 40 years. We have the founding member, drummer and band manager phil e. Hart. Andrew, obviously, we have it all today. We do, we do. Its great to see you, becky. Joe mentioned stocks are off to a very strong start this year. If you believe in the january barometer, its a great sign for the bulls. The theory satsdz that the s p direction in january sets the tone for the next 11 months.