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KPIX KPIX 5 News At 530pm July 12, 2024

That feels distant. This fivebedroom, five bathroom luxury home in sonoma is on the market for just under 7 million. The 5000 squarefoot home sits on 13 acres complete with an at home jim, pool, and a new necessity, two home offices. My phone is ringing off the hook. Reporter christine cronus with Compass Real Estate said one country has gone from a second home market to a primary home market overnight. There is a joke right now among agents, like we keep teasing each other saying we think there will be no houses left to sell. Reporter the Real Estate Market in the bay area is already rebounding. And luxury home sales are leading the way. Realistically there will be an exodus from the big cities. Reporter paul valley is the ceo of workathome startup that is fully remote. He said it has changed the way his Company Looks for talent. If everyone is working from home anyway, i believe a really attractive way to get amazing talent is to permit them to work from wherever they want, become di

CNBC Squawk Box July 13, 2024

He will be traveling to washington hell be here a couple of days saying negotiating teams from both sides remain in close communication. President trump saying hes going to later travel to beijing to begin talks on the next phase. I think well talk to eunice we never know until we know. The last thing we heard from eunice was, you know, the president says there is a signing next week but havent heard anything from the chinese side she did point out that it was good for the chinese to have this happening now ahead of the Lunar New Year too my point is that they would never say anything and deliberately stay and let us conjecture it is always bad they never signed off on this the day before the market pulled back a little after someone said something that the chinese are uncomfortable with something until we hear right from the Commerce Ministry. Just a lot of times sitting there, what they looked like. They are more reserved and are tweeting about this stuff. Anyway, looking good. Hope

CNBC Closing Bell July 13, 2024

Obviously you masterminded this incredible escape out of japan, worthy of a movie how did you do it . Well, i did myself. Obviously it was with the help of some people that i got to know but as you know, im not going to expose them and im not going to take any risk, these people who have really dared to give me help into how to leave japan without creating any trouble, which was the case. Tell me, youre stuck in a box for several hours, right, breathing through air holes . What is that like . Im not going to confirm or say anything i can tell you what its obviously you know, you have a lot of anxiety when you are in a period where you are transferring out of the country but you are not still out of reach. But when you go through an experience like mine, where ive been arrested in 19 of november, 2018, and been through very, very tough times with a lot of adventure, i would say, youre numb somehow your ability to feel the situation in which you are is diminished, because you protect you

CNBC Power Lunch July 14, 2024

Stocks Philip Morris altria, shares down 2 right now. Well have much more on this story straight ahead as we mention, we are moments away from President Trump meeting with the ukrainian president , hours after releasing those official notes from that phone call there is a sense that all sides are hunkering down for the battle ahead President Trump up there in new york defiant this morning, he was adamant that those notes from his july 25th phone call show nothing improper. And in fact the president has his back the president himself just came out with a station saying there was no pressure put on him, and there wasnt. The way you have that built up, that call, it was going to be the call from hell it turned out to be a nothing call here on capitol hill. Democrats have a very different interpretation of that phone cal. Adam schiff saying, it was even more damning than he expected. Its shocking at another level that the white house would release these notes and felt that somehow this wou

CNBC Squawk Box July 14, 2024

Washington many. But it is stronger than expected much more on china coming up in a few minutes. European equities, again, sliding in the last few hours. Germany basically flat were taking that to 3 decimal points here. France, uk, spain slightly negative, italy essentially flat as well. Finally treasury yields, the tenyear hovering right around 1. 7 1. 69 is where we have it right now. So certainly something that investors are watching. Yeah. You have yields slipping again a little bit this morning, but were off the lows of last week, which briefly dipped below 1. 6 on the tenyear. Thats encouraging yields had such a big effect on equities as we all know. I think on europe the interesting thing to note this morning is that were not seeing a gap up again in terms of the spread of italian over german yields and talk about the potential new election coming up hong kong, is down 9. 5 , shanghai down 5. 5 it is weighing more on the shanghai market. We saw that elevation escalation of conce

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