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FBC Maria Bartiromos Wall Street July 12, 2024

The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layof ....

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BLOOMBERG Bloomberg Technology July 13, 2024

Hong kong. , 3. 6 down. Hshares. Eight shares. Indeed, the volatility. 31 spike to the upside. Earlier, the hong kong dollar weakening. It has been right up against the strongest part of that. It went down to the lowest in six weeks. We have come off of that for the time being. Seven hong kong dollars. 75 hong kong cents. Now looking is pretty for the rest of the region as well. It is putting much red across the board. Tie one below its 10 day moving average. Currently down about 2 . The taiwan index is down about one and a half. Losses for the sti. Down about 1. 9 . Singapore grappling with the virus even though there are signs of stability. The city running out of time to hold an election. The benchmark down a tense of 1 . Down 8 10 of 1 . March numbers drink to the lowest mark numbers shrank to the lowest in 10 months. Crude down 2 . 3305. Crude at such levels could raise the possibility that shale producers slowly turn on the taps again. Gold futures getting some upside. 17, 26. Go ....

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FBC Varney Company July 13, 2024

The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhil ....

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CNBC Fast Money July 13, 2024

Big rally bubbling up. Check out what happened to chinese tech stocks today as Congress Seems to be turning up the heat on china. Lets get to Kayla Tausche for the details. Melissa, the Holding Foreign Companies Accountable act technically applies to any nonu. S. Company listed here and it requires those companies to be subjected by the securities and Exchange Commission and if not to certify that it is not owned and controlled by a Foreign Government any company that cannot prove that would be dislisted. Here is john kennedy, the republican senator from louisiana who sponsored this bill i do not want to get into a new cold war all i want, ....

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FBC Maria Bartiromos Wall Street July 12, 2024

The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layof ....

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