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Transcripts for CNN Early Start With Christine Romans 20240604 09:52:00

two of payments, not debt payments but other payments, i don t know that that would be catastrophic, but that would cost us too because investors will say that you decided do this next time. what about next time? and they will demand a higher interest rate. and i was looking at the social security payment schedule throughout the summer. if they get into a problem for a week maybe or the second day, you have the second and fourth wednesdays of the month when recipients are paid. so what if you get an iou if you are a senior citizen. half of their income is social security and a quarter of those households, almost all of their income is social security. so is the local grocery store going to accept an iou? how does the local store pay its suppliers? you see what i mean? is that good way to show in real terms how it trickles down? you got it exactly the rye. social security recipients will

Debt paymentsInterest rateSocial security payment scheduleSocial securityGrocery storeSenior citizen

Transcripts for CNN CNN This Morning 20240604 12:08:00

correspondent christine romans. maybe not the end of the world, but the end of our, you know, position in the world at least for a while. that is a contrarian position that terrifies people on wall street and business leaders and small business people and the fed chief and the treasury secretary and anybody who is really concerned about how the global economy works and how the u.s. economy works. would it be the end of the world for constituents if senior citizens had to wait three weeks to get their check because we went two or three days over the line? a quarter of senior citizens on social security is all their income. they can t give an iou to the grocery store or rent. just that one which, it would be very, very difficult. also we did get right up to the line, the situation he described in 2011 and the stock market tanked 17% and added $1 billion on the cost of financing our debt because interest rate spikes. we have seen real world impacts and it is dangerous. this also is a si

Business leadersThe end of worldTreasury secretaryWall streetChristine romansU sSenior citizensSocial securityGrocery storeStock marketInterest rate spikes1 billion

Transcripts for CNN CNN This Morning 20240604 10:24:00

think of it also this way. if we have if the government has 80 secents for every dollar obligation, they re not paying veterans benefits. they re not paying social security and give you an iou. maybe medicare won t get completely funded. that will take the stock market and cause a likely recession. you see big job loss. even messing around with the debt limit and going over it, we ve already gone past it. but going past this x date and defaulting is 10% of the american economy. if there is not enough money to pay every dollar that comes in, it would just stop. we don t have a lot of time here. we do not have a lot of time. that is calendar you heard talking about. i m already talking to small buzz owners saying they re making changes and pulling back. they want to be able to pay workers this summer. we know that the effects are being felt. they had since january 19th to figure this out. even before we get to that date. right. sort of amazing to see big banks like j.p. morgan se

Won tSocial securityDollar obligationU sDebt limitStock marketJob lossBuzz ownersWar roomsJ p morganJanuary 19th

In partnership with the Indigenous Screen Office Claudia Skunk and Neegan Siouï Trudel selected to take part in new mentorship program for interactive/immersive producers at the NFB

In partnership with the Indigenous Screen Office Claudia Skunk and Neegan Siouï Trudel selected to take part in new mentorship program for interactive/immersive producers at the NFB
webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.

British columbiaNational film board of canadaAccess programIndigenous screen officeIndigenous screenClaudia skunkNeegan siouNational film boardInteractive producer fellowshipInteractive studioMishkeegogamang firstMedia arts festivalDemand access programFirst nationsIndigenous cinemaPress release image

Transcripts for BBCNEWS World Business Report 20240604 13:41:00

the iou, meanwhile, has said that while the garment sector has made strides, industrial safety in other sectors in bangladesh continues to remain a concern and further work needs to be done to strengthen the capacity of safety committees, labour inspectors and trade unions to improve the standards. bbc news, mobile. the american retailer bed bath & beyond has filed for bankruptcy after struggling to control its spending and after failing to secure new funding. the homeware chain warned injanuary that it was having trouble finding cash to cover expenses. bed bath & beyond became popular in the 1990s as a go to shopping destination for newly weds and expecting couples. but its appeal has faded. let s get more. michelle fleury has been following this story in new york. where did it go wrong for bed bath & beyond? euro, it is a common story we keep on seeing on the high street for the main street these days and that is

Trade unionsSafety committeesLabour inspectorsBbc newsBed bath beyondHomeware chainTrouble finding cashShopping destinationMichelle fleuryNew yorkMain streetHigh street