To back the bell and set to publish their own support program. Force johnson orders the u. K. Into a three weeks lockdown, sweeping new laws to breakup gatherings and fine any dissenters. Taylor meantime, i want to bring you some breaking news coming out of china. Their companies are having the worst quarter on record, according to china. The headline as it catches my eye, the economy has not gotten better as much as we thought they would be returning to work. It looks for the first three months of this year, a Quarterly Survey of all the firms, it looks like every individual sector was reporting worse results than originally thought. Saleswas a widespread in amid the harder hit retail sectors. The collapse in revenue and profit. Again, Economic Activity collapsed in february. This is as we knew that there was the massive virus spread that was going on. I think the key headline is Chinese Companies continuing to have the worst quarter on record. Every individual sector reporting worst
The Halftime Report started right now. Welcome. Good to have you this thursday jim lav leventhal, the brothers najarian, we have a big show first we want to get to Steve Liesman who has just sat down at the table with what the fed may do in the weeks ahead. Yeah, scott i think the story has to do with that a pause is coming and the question becomes when its coming i think theres an oddson bet that the fed is likely to cut in october. But its a massive cut and if they cut in october, is the market thinking about that the fact that there would be some kind of pause and powell has signaled this several times publicly hes talked about the 1998 cutting regime three times this will be the third time. I will tell you, the comment yesterday from charlie evans, a guy who has been massively in favor of rate cuts, he said i dont push any cuts the rest of the year match that from tweets of others, too. And kaplan said said im agnostic about additional rate cuts and there was a speech by powell, ev
Note at 4. 57 . Take a look at bitcoin we have been talking about it. It is at 61,645 it has not moved after the down swing. Somewhat steady this week pulling back from the highs. Lets talk about oil Biden Administration will not renew the license to ease venezuelan sanctions the Treasury Department issued a rehe he replacement license tody u. S. Says president maduro failed to compromise with the sanctions last year. We will discuss this on the Energy Market and crude prices backing off again. They started the decline down 1 this is actually a tricky situation that the u. S. Is trying to navigate not just with venezuela, but you want to impose your policy pressure on the regime, but not restrict the Global Supply iran selling mostly to china trying to do two things at once and not compatible you have to keep the oil flowing. Micron technology is expected to receive 6. 1 billion from the chips act to pay for the domestic factory projects according to the bloomberg report it is a mix of
But Bernie Sanders. China its a huge day around the world and Varney Company is go to begin. A lot of tension and happening around the world thatc1 a lot of tension and happening around the world that will influence your income your 401 k and a lot of other things like commodities and on that note lets take a look at oil. Down more than 10 , were less than a week into the month and dothing again after being up a little earlier today a lot of news coming out of iran that could make that go lower or higher. Lets take a look at gold in the traditional safe haven, its down 15 at 1157. The ultimate i call it the safety if you will our yield. Obviously money pouring into u. S. Treasuries once again, dothing six basis points 2. 22 . Its amazing the last two weeks out of greece and Ashley Webster with the latest from athens. Ashley. Ashley hey good morning to you charles. Wel157 we continue to wait to see what happens in brussels. The greasis are b10ng asked to give a new proposal on how to ta
That we have this morning. Good morning, this is nbc10 news today first look at 4. Im tracy davidson. Im katy zachry. 4 30 on the dot on your monday. A lot to get to. Lets start with weather. Meteorologist krystal klei is in the weather Alert Weather Center with whats to come today and the rest of the week. Theres big changes moving forward. Were seeing some today. Clouds rolling over the area. The last couple of days were gorgeous. If you did not get outside, you missed out. It was so pretty. Today, not quite so pretty with more clouds, morning fog, and in the afternoon, winds cranking up. This is why the winds will be cranking up. The cold front is moving our direction. A lot of rain associated with the front. We could see a few spot sprinkles falling especially in the afternoon hours, mostly in the north and west neighborhoods. All of us will be seeing cloudier conditions. This morning, patchy fog in place. 1. 5mile visibility for philadelphia, down to a quarter mile in president ob