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Transcripts For KQED Nightly Business Report 20240713

Stocks fell sharply today as tensions between the worlds two largest economies escalated, days before critical highlevel talks begin and higher tariff rates are scheduled to take effect. Here are closing numbers. The Dow Jones Industrial average 3130134 points to 26164. The nasdaq was down 132 and the s p 500 lid 45. We begin at the New York Stock Exchange and bob pisani. Another tough day of trading. Stocks falling off as optimism falters around the u. S. China trade deal. But ending near the sessionhe lolo. So once again the market are beholden to negotiations. Stock startedower on news the u. S. Would add more Chinese Companies to the export blacklist, then falling further on the word that Trump Administration was considering ways to limit u. S. Investments in china like cutting down on investments made by u. S. Pension funds. Predictably that put pressure on the usual cyclical names, banks and materials and retailers. Been pap and its taken a toll op chip makers, all getting betwee

Transcripts For CNBC Squawk Box 20240714

Now we are at 29. 80ish we have been going side ways most of the year in 1997, the year started at an alltime high and went up. It is true. You think about where we were Christmas Eve and we had taken a huge plunge. We got it back interesting on the performance. Similar to the u. S. But china lagged significantly where we are in the trade war. Who is hurting more or less. Down about 4. 7 china has closed today but something to keep your eye on treasury yields are up part of that because of a weak japanese option not exactly for risk on reasons. I wonder if the new quarter means youve loosened up a little bit looking even at absolute levels, a lot of that has been weak. At the end of the quarter, it hasnt money too significant well be a bit of a head wind. Still talking about growth from 6 yesterdays day was fractionally better the eurozone manufacturing and final print was a tiny bit of expectations still the worst to october 2012, the Global Growth out look does not look particularly

Elon Musk's Twitter abruptly reverses ban on promotion of alternative social media platforms

After instituting a ban on sharing links from competitive social media platforms, such as Facebook, Instagram and Mastodon, Elon Musk canceled the policy less than 24 hours later.

Ministry in talks for skilled overseas jobs for Indians - The Hindu BusinessLine

Ministry in talks for skilled overseas jobs for Indians February 11, 2021 About 3.7 million jobs have been identified in 15 countries× Cabinet note for amending the Apprenticeship Act, 1961, to enhance employment opportunities, to be ready by April 2021, says official The Ministry of Skill Development and Entrepreneurship has identified job opportunities for about 3.7 million skilled Indian workers abroad in the blue- and grey-collared categories. The jobs are in 15 countries including the Gulf, the US, Germany, Switzerland, Singapore and New Zealand and Australia, over the next five years. The Ministry is trying to collaborate with its foreign partners to lay down mutually acceptable parameters for the same, a government official has said.

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