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KPIX KPIX 5 News July 13, 2024

49ers fans are gearing up for todays playoff game at levi stadium. Visiting viking fans are also here for the show down. The da is cleaning house. He is telling half a dozen prosecutors they are out of a job. The president of iran says it was a disastrous mistake. It is just about 6 am. Here is a live look at levi stadium in santa clara where kickoff is less than seven hours away. The 49ers are facing the minnesota vikings. It is their first playoff game since 2014. We have your forecast plus a look at the rain falling right now. It is a little bit soggy out there but it will clear just in time for the game. We are taking a look at high def doppler exactly where we are seeing those showers. Ocean beach and the western portion of San Francisco is getting a little bit of rain. Also a little bit in the south bay. This is just scattered showers that will clear by midday hours. The visibility is not great. If you are flying in for the b ....

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FBC Making Money With Charles Payne July 13, 2024

Charles the economy continues to be a lot stronger than the expert consensus. This morning gdup 2. 1 , beat consensus. Durable goods up. 6 a percent, beat consensus. Business investment crushed consensus. What does it mean for the markets . I would like to bring in fhn financial chief economist chris lowe and jack ablin of crescent wealth management. Let me start with you. Economic data continues for the most part coming in better than anticipated. It does the same experts. You are part of the expert pool. Say, of course it came in better. The gm strike is over. Of course it came in better but im just, i find it remarkable, it feels like it can continue . It does. And i think thats, if you take a step back, think about how the story has changed in the last three or fourmonth, the biggest thing is we were talking about recession, right . Will it come before the end of the year . Is it a 2020 story . Nobody is talking about recession anymore. The economy is fine. We are growing and i kno ....

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FBC Varney Company July 13, 2024

But the 52 billion man, Mike Bloomberg, was not in the debate. All in all, it was rather subdued affair, especially sense it came just hours after another day of impeachment hearings. Oh, how different from the highly rated Republican Debate four years ago that featured donald j. Trump. Thats that. The debate. Lets get to the money. Macys profit went up, sales went down. The retailers very much in focus as the Holiday Season gears up. So far, Department Stores like macys have been struggling. They are largely based in malls and malls are getting clobbered by online shopping, amazon in particular. Macys stock will be down about 4 . Look at this. Charles schwab, number one discount broker, talking about a merger with number two, ameritrade. Looks like they will ....

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BLOOMBERG Bloomberg Markets Asia July 14, 2024

Negative situation when the trading day gets underway. That is a long way off for the moment. Nikkei feeling it. The hang seng, lower. Shanghai feeling that down drop. Lets get to those moving parts. The u. S. 30 year treasuries, levels we have never seen before. 1. 9. The whole curve is below two into the u. S. We have stronger than expected fors fixed gain. Is the message still continually one where we are seeing them sending this message out that the yuan is not a oneway bet . 11 days of declining. The new Zealand Dollar on track to go down to 62 u. S. Cents. Confidence to come out earlier on in 11 years. We will be hearing what is going on. We will be talking to this San Francisco fed president mary daily later on. U. S. Dollar against the pound, here we go, we have the have the last headline. We will have five weeks of that parliamentary debate. Some are saying they are t ....

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BLOOMBERG Bloomberg Technology July 14, 2024

She is keeping an open mind. We go to wellington for an rbnz conference. Mary, thanks for joining us. Will the fomc cut next month you next month . Figures too early to that out but a meeting is in three or four weeks and i am actively considering all possibilities, thinking about the Global Economy, the domestic economy and numbers on inflation for the u. S. What is there in the data you see right now that would warrant an Interest Rate cut especially the domestic data you are receiving . Right now, we see a domestic economy that is really solid. We have strong Consumer Spending, consumer confidence. Umbers came out good, healthy the weakness we are seeing is in business investment. It is weighed down by global slowdown and the considerable uncertainty we face for many reasons. Im looking carefully at this disinvestme ....

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