Find a full schedule on your Program Guide or watch online anytime cspan. Org history. A healthy democracy does not just like this. It looks like this. Americans can see democracy at work citizens are truly informed. A republic thrives. Get informed straight from the source on cspan unfiltered, unbiased, word for word the nations capitol to wherever you are because the opinion that matters the most is your own. This is what democracy looks like. Cspan empowered by cable. Execs ceos from Community Lending develop meant organizations testify on the impact organizations have an Economic Opportunity but they discussed needed investment in underserved lowincome communities. Bridging the gap between rental markets and homeownership. This runs an hour and 20 minutes. Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus
Popping today. Plus, cisco shares popping after the biggest slump in years. And ready for walmart as it gets set to release results this morning. It is thursday, may 16th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us on this thursday morning. We begin with stocks trying to extend yesterdays recordbreaking rally. One that pushed all of the major indices, including the s p 500, to alltime highs. Past 5,300 for the First Time Ever and the 23rd record close of the year. Right now, it looks like things may get extended just a little bit at the opening bell. The dow implied higher 42. The nasdaq up by 21. Record highs to start. This is all after u. S. Inflation showed a slight easing in the month of april with core prices excluding food and energy climbing 6. 6 year on year or the lowest since april of 2021. On the back of that, treasury yields are falling off hitting the lowest levels in a month. The teny
Or anytime, cspanshop. Org. Cspan is your unfiltered view of government funded by these Television Companies and more including media. Com. Com we believe whether you live here or here or way out in the middle of anywhere you should have access to fast reliable internet. That is why we are leading the way. Edia. Com supports cspan as a Public Service with other Television Providers giving you a front row seat to democracy. Next, ceos from community, lending, and develop and organizations testify on the impact organizations have on Economic Opportunity. They discuss needed investment in low income communities and bridging the gap between rental markets and home ownership. This runs an hour and 20 minutes. Good afternoon. I would like to call the subcommittee on housing transportation and community developing committee to order. I want to thank you and your staff for working with us on this hearing which will focus on communities relevant, Financial Institutions, how specifically they ca
Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus on Community Development Financial Institutions or cdfi and how specifically cdfi can promote Housing Development and Economic Opportunity. I think both center at lummis and i believe everyone in this country should have the freedom and the opportunity to build the lives they want. This is the American Dream and an essential Building Block for pursuing this dream the people have access to capitol and lending and resources so they can buy a home or build a Small Business or get an education. We also know not everyone has equal access to capitol and Financial Services this inequity drives big gaps for disparity, opportunity and wealth which is will be sooner country. Communities of color and Indigenous People and rural areas often do not have the same access to c
Nasdaq up 27 . Again, the dow has been weak over the last several trading sessions. You are seeing the issues going on and the bigger deal is the russell 2000. It turned negative for the year yesterday. It is a huge pullback with the dow industrials and russell. All these pulling back with the potential for recession. These are the things we watch along with treasury yields and inversion in the treasury yield curve. Twoyear yield at an 5. 1 . Above the 5year and 10year and 30year. Those yields picking up is what we are watching. Yields are picking up because the economy is strong. Why is the dow and russell indicating otherwise . Maybe it is so strong that the fed has to do something. If they do something that is why. They have to go further. Here we are. Dijamie dimon made comments yesterday. He said it could go 7 . He said it is not something he is predicting, but you have to prepare for it. Thats what he told his board and clients. Prepare for it. Dont be surprised if rates are high