Plan parent governor murphy says forill go continue to press tax fairness. According to a bloomberg survey, the central bank is likely to cut rates by a quarter of 1 point in september and again in december before a week as meeting of fed policymakers. Economists were expecting just one rate cut. U. S. Unemployment filings increased to an unexpected high. Job claims rose to 207,000. Among two people eligible held around 1 . Jobless claims remain near historically low levels. Global news 24 hours a day on air and at tick tock on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. This is bloomberg markets, the close. Awayn we are 30 minutes from the end of the trading day. The outperform a today is the nasdaq. This mood music is one of risk on in spite of the mixed message of whether there will be any progress in g20. A ban on tech sales to quality muddied the waters. The euro basically flat. Ofhad woeful data in
Washington, d. C. March 21, 2024. I hereby appoint the honorable mary e. Miller to act as speaker pro tempore on this day. Signed, mike johnson, speaker of the use of the speaker pro tempore pursuant to the order of the house of january 9, 2024, the chair will now from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recoition between the parties with time equally allocated between the parties, and each member other than the majority and minority leaders and minority whip limited to five minutes, but in no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from arkansas, mr. Westerman, for five minutes. Mr. Westerman thank you, madam speaker. I rise tote a significant milestone. The 50th anniversary of western energy alliance. Oil and natu and reliable sourcs of energy that drive progress, power industries, and fuel innovation. The alliance is a leader among the oil and gasdk■ ons in understanding th
He outlined main poll and i Education Funding, Affordable Housing and reducing gun violence and efforts to raise the minimum wage. The governors speech is about 90 minutes. ■ thank you very much. Lieutenant governor davis. En madame speaker and madame and leader pitman, leader bradford and leader cutler. Im mindful one of our colleagues is not able to be with us. Representative joe is from the township and currently 7,000 miles away and deploying from the Pennsylvania National guard. To represent every member of the Pennsylvania National guardrd at home and abroad. And for service to our commonwealth and you are the very best of us were joined by the love of my life, my best friend since the ninth grade. My wife and pennsylvanias first lady laurie shapiro, i love you. Shes g■aoing to kill me for th. Hard working folks who that he had m this unique address possible. Today we gather for aistoric address. In the 118 years since president y roosevelt stood this, the pennsylvania Genera
9 billion transaction to gain full approval. We have full coverage. Plus more from our inaugural screen time event and hear from the ceos of netflix, youtube, and the head of the kardashian clan. First, a quick check in financial on financial markets. We are conscious of what is happening in the middle east, the focus of israel and hamas. Nasdaq 100 down 1. 3 on a weekly basis just on track for a weekly gain. Its third successive weekly gain , longest run of weekly gains going back to early june. Lets see if that is where the holds where that holds. U. S. 10 year yield 3. 6 percent, as Oil Continues to climb. If you are in the tech sector, a lot of the conversation, oil and energy if we rise higher, what does that mean for inflation and what does that mean for the fed and what does that mean for technology sector. Bitcoin around 27,000 u. S. Dollars. How many times have i said that so far in recent weeks and months. The main story is what is happening in the middle east. I want to get
Anticipated so today was cpi, Consumer Price index, and we got 3. 7 yearoveryear, 0. 4 percent month over month. Anna, what do you think about the numbers we got . It does look like the fed could it does have cover to raise rates again if they want to. I think this is not the type of report that could convince the majority of fed officials that rates are sufficiently restrictive. We saw from the fomc minutes yesterday that many think rates are near or at but i think this report shows it is more likely to be near rather than at sufficiently restrictive. Matt so we did see in the dot plot, 12 at a 19 say one more hike for the year, at least that was their expectation for where we would be. They did not know obviously about the situation in the middle east the way that would unfold or the moves having nothing to do with geopolitical events in long term rates p release all them sore last week. The tenure hit 10 year 488. To those two things change the outlook . I think the reason for why t