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Transcripts For CNBC Closing Bell 20240712

Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They

Transcripts For CNBC Squawk Box 20240712

A little hard. It looked to me like it was twitter. Like watching twitter for 90 minutes. I did not stick to my original plan. Baseball and bed the two bs i stayed up. I want my time back. I didnt stay up for that long you can play this game with me i felt dissed. How much words can you come up with disappointing, disturbing, disspiriting, distracting, disheartening. Disgusting. You can probably go there disspiriting i looked it up thats exactly what i wanted to say. After all those disses, i wound up with disinteresting thats when i was gone right . It was a let down ly say that. Some people like to watch the fighting it is hard to turn around from it if you were somebody who was tuning in. In my core pin of both candidates, nothing really changed. Mike Wallace Chris wallace had a tough job. I guess he did okay. Im not going to nominate him why do you bother having rules for a debate if nobody is going to bother to follow them kill the rules or give the moderator a kill switch. Both s

Transcripts For FBC After The Bell 20240712

The Reagan National and washington but we talk about the airlines with edward and we start with you. Reporter yet, friday rally. Not seeing two days of gains a row and we not seen that and wrote while but they come back in today and closing near the highs of the session for all three major averages with the exception of energy all of the sectors were in the green, led by technology and the tech trader regained its momentum today. Lets take a look at apple shares up around 4 today all of these names, higher on the week with the exception of google just fractionally lower in the nasdaq higher this week but the Broader Market down or weeks in a row and is the longest losing streak since last august, augus. As you can see, the dow down one and three quarters of the week. S p down. 6 but the nasdaq certainly higher. In fact we have one dow stock that actually notched a record high today, that was a nike on a solid blowout earning report and their revenue is just about where it was last year

Transcripts For KNTV Today In The Bay 20240712

Minutes. Mike, any new issues popping up for the commute . No. Lets not jinx it. Looking at the green sensors all around the bay and little slowing out of the altamont as we expect this time every day. No problems Contra Costa County and pushing towards the bay bridge. Starting to build a little bit of volume and in the north bay we continue to follow those closures. 128, 129 all highways youll hear about related to the fires. Back to you. Thats right. Thats what were talking about. Breaking news we continue to cover. Fire crews working fast to cut containment lines around the glass fire in napa and sonoma counties. Theyre concerned about another round of red flag warnings. The fires burn nearly 52,000 acres. It is only 2 contained. Flames have destroyed 143 homes and damaged 46. Now the burn zone in napa and sonoma counties continues to grow. More than 26,000 structures remain threatened. And fire investigators are really trying to zero in on what sparked this fire. Massive flames on

Transcripts For KNTV Today In The Bay 20240712

There . Its starting out very smoky and were still going to have unhealthy air quality today, especially in the north bay where weve had the thick smoke burning from the glass fire. Now, were also going to see that moving into parts of the east bay and all of us need to limit our time outside. Its also going to be a hot afternoon. So, we have more concerns there as our temperatures reach up to 102 degrees in antioch. Well have some mid 70s in half moon bay. Well talk about the range in temperatures and whats ahead for the weekend coming up in a few minutes. Mike, whats happening right now for the commute . Well, quick look at the bay bridge toll plaza shows you the middle lanes continue to build, but no metering lights registered yet at the toll plaza. The map also shows you slowing on the incline, but not on the approach. Great stuff. We continue to keep our eyes on the fire zones in the north bay and slowing shows up in Castro Valley for 238 as well as holding in san jose for 101. Ba

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