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CNBC Squawk On The Street July 13, 2024

Cuts so futures are pointing to further declines despite the jobs growth today, smashing expectations for february. The economy added 273,000 jobs during the month, versus the expected 175 Unemployment Rate 3. 5. Wall street looking to close out a turbulent week, the tenyear did tumble below 70 basis points for the first time ever, as investors look for safety amid fears. Revisions on the jobs number not bad but people are calling it the least important jobs number in a long time i dont want to go there. Im going to say the opposite. When you come in with a head of steam, at least you got some possibilities that were not going to go immediately into the recession because there were you dont hire and then lay them off the next day the 53,000 jobs in Food Services and drinking places, thats an extraordinary number are we going to fire all those people interesting. Not right away. Not right away. But there seems to be a growing belief that we are going to have a recession. Right but im sa

CNBC On The Money July 13, 2024

We begin with toys for big kids if you didnt get a gadget that you had your eye on as a gift or if youre just looking for something a little fun and new, cnets senior managing editor dan ackerman has some new tech for the new year, and dan, its great to see you great to be here. You come bearing good gifts, things that really caught your eye. If you didnt get what you want for christmas, the best thing to do is go out right after and get it for yourself. This is interesting this is a new service and a piece of hardware from google called stadia. They wanted to build a netflix for games, where you didnt need to have a console, like an xbox in your living room, you connect to the internet and play the game streaming theyll sell you this little controller to do it with and you can hook it up to your phone so you can play these consolestyle very highend game on your phone. Who makes the game . Or can i play activision a lot of games from a lot of different publishers you buy the game as yo

CNBC Power Lunch July 13, 2024

The rise of sky walker already on pace to break some records. Weve got those details as powe lunch starts right now check out this record rally. The market on track to wrap it all up at all time highs check out shares of boeing that stock down a percent as united says it will not fly the 737 max until june well have more on that story in minute yes, we will. Thank you. Gdp numbers, Gross Domestic Product are out this morning 2. 1 growth for the fourth quarter. Closing out the first decade in recorded American History without a recession. We have more on the slow and steady, what do we call them 2010s . 2010. The teens you work on that. Ill come out later. Were going to work on what we could call the most boring decade youd say Nothing Happened gdp averaged 2 . It fell 2. 5 in the Great Recession in 09 in 09 the lowest it got this decade just 1. 6. The lowest average inflation and we hit the lowest Unemployment Rate donald trump who brought big Corporate Tax cuts and the trade war that

KGO ABC7 News 500PM July 13, 2024

Had 15 seconds. Santa cruz would have this no warning. Laura anthony is live in pleasant hill. Reporter this is the epicenter of that of earthquake. It was 4. 5. Its the threshold of that my shake app to send out an alert. This is a milestone. Its an important moment. Governor newsom used this day. The 30th anniversary of the loma prieta earthquake to launch the my shake app designed to give californians a few seconds to prepare when the next big one hits. 99. 7 chance over the next 30 years we would experience an earthquake greater than 6. 7. The app by the u. S. Geological survey. A primitive version was used in 1989 to warn search and rescue teams trying to warn people from the cypress structure. The scientists set up a temporary system that radioed alerts to the workers whenever there was a significant aftershock that might shake the nimitz. Earthquake, drop, cover, hold on. Shaking expected. Developed at uc berkeley my shake can provide up to 20 seconds of warning before the groun

KGO ABC7 News 600PM July 13, 2024

To help the people on the cypress freeway, and it was also a reminder that the big one is yet to come. Right here where we are standing, 42 people perished in the cypress collapse. Reporter oakland mayor libby schaaf led ceremonies today honoring First Responders and citizens who went to help when violent shaking from the loma prieta deck brought the upper deck crashing down on to cars on the lower deck. And im watching telephone poles moving, and im watching streetlights bouncing up and down. Retired deputy fire chief mark hoffman was a outside fire station 1 when the quake struck. He and his crew sped to the collapsed freeway and immediately began the search for victims. I felt my best role was to bird dog and go from collapsed section to collapsed section, to try to get an assessment on how many bodies need to be rescued. Meantime, neighbors in the cypress mandela neighborhood also went to work. We moved quickly in the community to see what was going on and how we could help others.

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