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BLOOMBERG Bloomberg BusinessWeek July 14, 2024

Businessweeks editorinchief, joel weber. We begin with jay powell. Joel take something complicated and this still it down to its most simple form. Istill it down to its most simple form. The cover is an expression of that this week. Jay powell, fed chair, probably the most important person in the world of finance. He heads the Financial Institution that is probably the most important anywhere in the world and for a year now, hes been the target of trumps friend are ire, because trump wants lower rates, lower rates, and jay powell has basically been a stoic figure through all of that. Carol we believe this is an independent organization, and for the first time we are wondering is it going to remain independent . And can they continue to fend off the executive branchs desire for lower rates . Right . We will see what happens this next week with rate cuts. The market basically thinks there will be a rate cut. The bigger story ....

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CNBC Power Lunch July 14, 2024

Soaring rates. Where housing is headed in the second half. Power lunch starts now well stocks are in the red this hour, but they are well off session lows now down just 47 points on the dow. It was down more than 230 earlier. Still it is on track to break its fourday winning streak. The s p 500 on pace to break its fiveday streak. Treasury yields up strongly. And kelly thats right. Stocks are staging a comeback. Around the best lels of the day this afternoon seema is tracking the action hey, kelly. Stocks leading the dow include Goldman Sachs, boeing and nike a chipmakers are rebounding around 10 40 a. M thats when the s p 500 bottomed out. So tech is playing a role in this turn around as well big losers include rate sensitive group, utilities and real estate. Even a number of consumer staple names. Theyre down about 1 on the day. Trader caution though its important to smooth out the data and look at the broader trend. Taking into ....

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BLOOMBERG Bloomberg Technology November 21, 2017

The 93yearold leader gave into overwhelming pressure from the military and from lawmakers who were preparing to vote on a motion of impeachment. Mugabe is stepping down after 37 years. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Hpeing up, 83 announces meg whitmans departure. Plus, the former chair of the fcc, tom wheeler, slams the plan to roll back Net Neutrality. He joins us to discuss what he calls a shameful sellout. Apple says its new home pot smart speakers will not be ready for the Holiday Shopping season. First to our lead and a bloomberg scoop. Bloomberg covered up a massive hack attack affecting 57 million accounts. The datahackers stole of 50 million customers and 7 million drivers. Uber including the former ceo kept the breach ....

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BLOOMBERG Charlie Rose November 21, 2017

Price, model three production woes means tesla is burning cash at 8,000 a minute. Betty what might be one of her last appearances as the chair of the federal reserve, janet yellen is speaking now at the nyus stern school of business with the former bank of england governor mervyn king. Lets listen in. I think the other thing that i learned or discovered was important is very careful deliberationsd among participants in the in order to carefully think through a strategy and try to develop a consensus before presenting it to the public. October, we began the process of shrinking our Balance Sheet, but getting to the point of starting that process involved well over a year of discussions in the committee about how we could do that in a way that the public had in mind,and we how we would use our Balance Sheet, and to do it in a way that wouldnt be disruptive to financial markets. F ....

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BLOOMBERG Whatd You Miss November 21, 2017

That she is a woman who has responsibility and is ready to continue taking responsibility. She added that her preelection commitment to serve another four years stance. U. S. Secretary general u. S. Secretarygeneral Antonio Guterres says that terrorist groups and criminals are capitalizing on conflict to exploit innocent civilians in ways which may constitute war crimes and crimes against humanity. Speaking at a Security Council meeting today, the u. N. Chief called for urgent action to combat Human Trafficking and highlighted the recent video aired on cnn of african migrants being sold as slaves in libya. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Julia live from ....

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