Yesterday, but again we were talking about Massive Gains not just through the month of july but year to date as well well continue to keep an eye on this if youre watching treasury yields, this is where you would anticipate seeing moves if there were a downgrade if people were afraid of rushing into this. But it turns out u. S. Treasuries are still a safe haven and why the yields are still a bit lower. The 2year note trading at 4. 86 . Of course, all that related to what were seeing. Talk about the downgrade because it is our top story. Theyre citing what theyre calling an erosion of governance Emily Wilkins joining us now good morning to you. Good morning, andrew. Yes, shocking news yesterday at least for some of those in the Biden Administration seeing that downgrade in the u. S. Credit ratings from a aaa to a aplus this is only the second time the u. S. Credit rating has been downgraded like this treasury secretary janet yellen is quickly depending the Biden Administration she says
All right, microphone on. The subcommittee on labor health and human services, education and related agencies, please come to order. Today, we are having a hearing on President Joe Bidens administration, 25 budget request for the department of labor. Im happy to welcome acting secretary, as we grow, we are looking at a bipartisan manner. This is passing into law by the president. Th a small minority is able to derail the appropriations processpolicy riders, looking at the cuts with the Workforce Development protection program. A small minority is able to derail the appropriations process. House republicans did that last year. Repeatedly threatening government shutdowns. It hurts the constituents, the communities, intended to be served by another federal program. Causing federal agencies to waste time and money, instead of making sure that every dollar is used effectively, as intended by the laws that we pass in congress. We need to do better. Acting secretary, this budget is a good ste
Expectancy gaps in the u. S. He spoke at the Milken Institute conference in los angeles. So, good morning. Good morning. Thank you for joining us here today, may 6, 2024. And besides leading one of the most important organizations in the world, taking care of the health of the United States and the world. I just want to let you know how tough it has been to compete against mandy and one of the leading scorers of Public Health in North Carolina. As may of you we have the institute of Public Health at g. W. So every life is precious. But it also has driven the world and the economy for the last 200 years. So, we are 10 months in to the assignment. What has surprised you, and what hasnt surprised you . First, thank you for having me here and for opening up this conference in a discussion about Public Health. I think we all got to know Public Health and a new way through the pandemic. Way through the pandemic and we are in a new moment. And i think we realize that the health and Security W
Plus a blockbuster beat. Its wednesday, may 8th, 2024. Youre watching Worldwide Exchange right here on cnbc good morning welcome to Worldwide Exchange. Were coming to you live from c in cnbc london. Were going to take a look at the futures. We saw the dow arise awe three of the indices have now turned very slightly to the red right now, this as investors continue to wade through the thick of the earnings season with 35 of the s p 500 Companies Already reporting their results. Were taking a look at the bond market as we always do with the 10year yield trading at 4. 5 . Take a look right here the 2year note is at 2. 83. We may be through the busiest stretch of earnings, but theres still a long way to go with reports coming up higher. Jim cramer had Steve Huffman of reddit on last night. Every companies customers are on reddit. By making our ad tools easier to use and making our ads better and better, were recognizing that position. Lyft is posting a second positive quarter it expects hig
These are the biggest and the fourth Largest Companies including topix waiting. Definitely going to tell us how much companies are benefiting as well from those twin narratives of the weak yean and airelated booms. You have the nikkei coming online, 1 to the upside so far. Japanese yen of course, we have been tracking that trading. It has been fluctuating, but trading a little bit to the weaker side this morning and moving back up to that 154 mark. We did hear from finance officials in japan early this morning. The vice finance minister saying they are prepared to take appropriate action if fx moves are too rapid. But we have been speaking with different traders saying 165 could be possible by the end of the year. That is the state of play. Lets switch and take a look at korea so far on the session, because you are seeing more moves here to the upside. The kospi up 1. 6 , a little bit of strength coming into the korean won this morning. Reflecting the moves we have had in wall street o