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Transcripts For KNTV NBC Bay Area News At 6 20240712

Lets bring in nbc bay areas melissa colorado at city hall where a demonstration is about to begin. Reporter raj, a lot has changed since we last spoke. Weve got a crowd, well over a hundred people, gathering outside oakland city hall. They have speakers including that person, known as uncle bobby, you heard him yesterday during a live interview with our own janelle wang. The speakers are saying that what happened in louisville brings up memories of what happened to their relatives at the hands of police. There are portraits of people who died at the hands of police. In the sea of portraits, the picture of Breonna Taylor. Say her name. Breonna taylor. Breonna taylor. Reporter activists in oakland are not letting the bay area forget about Breonna Taylor. Today, more than a hundred people showed up to this mural of taylor wearing a crown of flowers. No. No. No tears. No tears. Reporter to vent their frustration after a grand jury in kentucky decided to not charge any officer in the killin

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Transcripts For CNBC Power Lunch 20240713

Done here you see the home builders, weve had a terrific rally in the builders in the last few days but hovnanian was 29 just a month ago. Its a 9 stock right now. Yes, weve had a great rally, but bear in mind how far weve come and how many more headlines we have yet to get through a lot of people are also optimistic watching the vix drop it has dropped exactly in half since march 15th it was 86 on an intraday basis march 15th, you see it at 43 exactly a 50 drop thats making a lot more people a lot more optimistic. A lot more arguments that the markets are higher have been mitigated by the fact that weve just had such a big rally and its hard to push against this rally right now. Look at these stocks right here and how much they have moved since the market bottomed, the february 21st close, which is when things really started get getting bad. Walmarts up, verizon is only down 1 . Merck and 3m down a few percent. This is when things started getting really serious you see how much the ma

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Transcripts For FBC Varney Company 20240713

A far better measure is the ten Million People who filed for jobless benefits in the last two weeks. Fed governor lockhart just told maria the jobless rate is already more like 10 . Clearly, we are in an employment crisis, and another report that comes up at 10 00 eastern will likely show the Services Sector in collapse. Thats a strong word to use but its accurate. Later this hour, we are going to talk to larry kudlow, the president s chief economic adviser. I will ask him how bad is it and he will spell it out. Look, with nearly 300 million americans under a stayathome order, the economy is shut down. Morgan stanley says that between now and june, the economy will shrink by 38 . That would be a depression, the likes of which we have not seen before. Travel, shut down. At the airport tsa checkpoints, they are processing two million fewer passengers every day. Thats down 93 from a year ago. Those flights that do take off, virtually empty. Public transit ridership, down 75 . Commuters ju

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Transcripts For CNBC Power Lunch 20240714

Melissa, kelly, and yours truly, were now at session lows as you see right there. The dow off more than 300 points kicking off the week in the red. Energy financials the worst today check out the big names falling to fresh lows. Trip adviser, macys, pfizer, kraftheinz hitting a record low today. We begin with the turmoil around the world as the trade war between the u. S. And china rages on escalating tensions in hong kong are adding fuel to the fire aman is live with the latest. You get the sense that theres increasing pessimism among some on wall street and at the same time you see this increasing tension in the streets in hong kong over the weekend. Heres the pessimism piece of this this came in the note from Goldman Sachs yesterday. They are changing their 4th quarter growth forecast to 1. 8 . Thats a modest change to the down side they say its caused by sentiment and uncertainty. Also they say contributing here financial conditions and supply chain disruptions from the on going tr

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Transcripts For KGO Good Morning America 20240714

Desk right now. Will congress end their vacation and go back to work . Wall street on edge after the dow faces its worst selloff of 2019, closing 767 points down as that trade war with china grows. How the market is reacting right now. Shark survivor. The diver in the right place at the right time, rescued by this charter boat full of nurses. How they saved his life. In court, the united pilots going before the judge this morning, accused of being too drunk to fly a plane full of passengers from scotland to newark. And an abc news exclusive. Siegfried roy breaking their silence about that fateful night when a Siberian Tiger dragged roy off the stage, nearly killing him, and responding to the recent allegations that he made mistakes that led to that accident only on gma this morning. Good morning, america. And were looking forward to that interview with Siegfried Roy. Its a rare interview. Havent spoken in a while. Deb got them to speak. Oh, yeah. A lot of news to get to. Keeping an eye

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