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Transcripts For CNBC Closing Bell 20240713

Slowing economy. Joining us for the hour, stephanie link great to have you. What do you make of this market right now . I have fatigue over trade i really do. Its impossible every day it changes. So im trying to ignore it and focus on fundamentals. Today i thought we got some good data on the economy. The philly fed better than expected vince were better than expected meaning he they went own maybe were bottoming. Lets see the flash pmis tomorrow existing home sales up 5 yearoveryear good consumer, lets talk retail earnings have been very good Minus Department stores and some one office. I think that bodes very well for the consumer fatigue over trade but excitement over m and a. Very much so. Im still excited by trade. Im more excited about bristolmyers closed earlier than expected. Thats a great story for 2020. So theres a lot underneath the surface to this market of whats going on and thats what im trying to focus on versus trade. Lets get straight to that big story, the potential c

Philly DA race draws out-of-state donors for Krasner, Vega

2 months ago Fired DAs, cops, and critics chip in against Krasner At least 21 former city prosecutors donated more than $500 to Vega’s campaign, including several who were fired by Krasner and later sued over their dismissal, as well as some who migrated to Attorney General Josh Shapiro’s office. Vega, 64, was also among the early layoffs in 2017, following Krasner’s election. He later filed an age discrimination lawsuit against the DA, 59, over his firing. The case remains ongoing. Vega has gotten support from local attorneys, including Jimmy Binns and Michael Diamondstein, as well as defense lawyers Brian McMonagle and Fortunato Perri. The latter two represented former Philly Police Inspector Joseph Bologna in a police brutality case Krasner filed during the George Floyd protests last summer.

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