The backdrop continues to be the coronavirus. New york city finally gets a chance to reopen today. I am waiting to hear the construction outside of my apartment. It has been three months under that stayathome order in new york. A live shot of Herald Square and the area around the empire state building. Construction, add, manufacturing, wholesale trade, and Retail Stores can offer curbside or instore pickup. A former new york state Lieutenant Governor and current member of mayor bill de blasios Fair Recovery Task force. There is really no other person. E really want to talk to today this comes in contrast to the protests we saw. How did the protests affect phase one of reopening . Dick one cannot be certain. I think the Biggest Issue is the revenue loss that the city will suffer as a result of sales taxes and property taxes and income taxes. Its impossible to measure but it is way beyond the capacity fiscally of the city or state to make up for that lost revenue. A function ofs how many
Back. Good monday morning. Thanks very much for joining us this morning i hope you are having a good monday i am maria bartiromo, monday, march 11, 8 01 on the east coast time for hot topic of the hour President Biden walking walk use of the word illegal to describe laken rileys alleged killer during state of the union. I should pt undocumented i am not going to choose any of these people with disrespect. They built the country the reason our economy is growing we have to control border more orderly slow but i dont share the view at all. You regret using that word . Yes. He doesnt want to treat laken rileys murderer with disrespect laken riley mother slamming biden first mispronouncing caughts hiem pathetic blamed bidens border pails. Implemented a policy that illegal aliens intruding into United States granted community from deportation when this monster shot up at our border was is the free immediately under the program i call it free got the name wrong, joe biden went on television
Are piling up, folks. The number unissue is trust, or should i say lack of trust in a system that never fails to let down regular folks as it bails out the establishment t doesnt patter by the way which Political Party is in power. I will break it down during the show. The wrath of a. I. Is only the beginning. We see jobs and businesses overnight in the crosshairs and maybe humankind. Is it too late to ring fence this threat or is it much ado about nothing . I have an allstar roster of folks to help handicap the feds decision tomorrow. It means everything for your port he will. Economic house from main street, jay powell never hears from my takeaway. That and so much more on making money. Charles all right. So todays session is a reflection of fear, anger and disgust, right . Fear, the economy is a lot weaker than anyone in the fed circles will admit like jay powell. Therefore it means that probably will get a whole lot more tenuous. Fear about the banking scare. Maybe it is not over,
Stock rally. Its wednesday, october 25th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Im frankholland. We kick off the hour with a check on u. S. Futures as the market had a positive day and the nasdaq had the best day of the week. The blue chips index at the tow would open up 50 points higher, however, the s p under pressure and the nasdaq more than 50 lower in the market. Also checking meta, almost a percent. We want to check the bond market, the 10year yield hovering but low. Take a look at yields right now. The benchmark at 4. 86. The 2year at 5. 5 . Were also looking at energy this morning coming off its lowest close in more than two weeks. In the green this morning at least fractionally at 83. 79 a barrel. Natural gas under some pressure, down half a percent. Turning our attention to the top story this morning, two very important reports from big tech accounts for about 10 of the entire market cap of the s p 500.
Thought. Sorry about that. I couldnt resist. Im Charles Payne this is making money. Breaking right now, if were seeing a Fourth Quarter rally it has to start at the beginning. It is critical that microsoft, alphabet, remember they report after the close. We will handicap those names and other potential movers. This as the market face as crucial test. We could see big breakdowns or breakouts any moment. Jim bianco and erin gibbs on that. 100 dead wrong, how jamie dimon is summing up central bank forecasting. I will ask carl roche consequences of central bank being perennially wrong. Thomas massie at 2 45 as the speaker drama rolls on. And you dont want to miss my takeaway, redefining the American Dream to fit a tighter budget. That is not the american way, folks. I say it is time for us to dream big again. All that and so much more on making money. Charles all right, folks, so the markets are trying to get up there, right . You see this. We opened strong. We start to give it away right