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BLOOMBERG Bloomberg Markets Americas July 12, 2024

No legal basis to visit the sites. A man who was once one of the most powerful politicians in new york state has begun serving his prison sentence for corruption. Former Assembly Speaker Sheldon Silver reported to a prison in new york today. He was sentenced earlier this year to 6. 5 years behind bars. In 2015onvicted later but the appeals have kept him out of prison. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton, this is bloomberg. It is 1 00 in new york in 1 00 a. M. In hong kong. Welcome to Bloomberg Markets. Here are the top stories that we are following today. The u. S. Housing search, prices rise as Mortgage Rates remain near record lows. We tal ....

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CNBC Squawk Box July 12, 2024

It was down by 100 points more than where it stands right now put it all in financial stocks when Elizabeth Warren was the nasdaq was off about 2. 5 Vice President i have been sceptical of the the shanghai composite rose more market as it is. Nonetheless, we have other news than 3 . Though to bring you this morning. We should probably get to it Central Banks held Interest Rates steady a transaction to talk about. Over the weekend regulators raised the limit on how much they can invest in Equity Assets in an effort to break longterm funds into the market and it i should say its according certainly worked at least for to the wall street journal today. Lets take a look at the it says the deal could be announced as ....

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BBCNEWS World July 3, 2024

Weekend. 50. Through what happened over the weekend. ~. , ~ through what happened over the weekend. ~. , ~ , weekend. 50, the tiktok bill was ut weekend. 50, the tiktok bill was put into weekend. 50, the tiktok bill was put into a weekend. 50, the tiktok bill was put into a package weekend. 50, the tiktok bill was put into a Package Withl was put into a package with foreign aid and that was passed through the house and now it is on the way to the senate, and based on indication of that, we have gotten, it sounds like this package will be approved, meaning that the bill will also be passed. Now, this is a massive load to tiktok but it is important to note that it is not the end yet. I am framing it more as the next chapter in tiktok s long and drawn out fight to survive here in the us, and it is a fight that is bubbly going to move pretty quickly now from congress into the courts. Of course this isnt their first rodeo and it has had ....

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BBCNEWS Verified July 2, 2024

gaza through the rafah crossing. the number of people allowed in is very small but we understand that egypt will keep the rafa crossing border open until they evacuate 7000 people. rishi sunak is giving a news conference now saying that like minded countries had reached agreement on testing new artificial intelligence models before they are released. more than all of those headline stories in a moment. firstly, let s get the business news from the day. ben thompson is here. hello, matthew. we will start with news here in the uk. uk interest rates have been left unchanged for a second consecutive month remaining at their highest level for 15 years. the bank of england held rates at 5.25%. up until september, the bank had raised rates 14 times in a row to tame soaring inflation which has been squeezing households. it has led to increases in mortgage payments but also higher savings rates. the governor of the bank of england, andrew bailey, warned of the risk of energy i ....

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BBCNEWS World July 2, 2024

no big surprise there, rates on hold but what does the bank of england thing happens next because it always got its eye on the future, hasn t it? yes, you are right. we saw this second hold in a row and i think what the expectation is going forward is that we will see interest rates higherfor longer. the chief economist at the bank of england has thought about this table mountain theory where interest rates go up and they are expected to raise at this elevated level for some time before we eventually see cuts, perhaps around august of next year, even a bit later. inflation is still really high, it still at 6.7%. of course, interest rates work with a lag so a lot of the hikes that we have already seen are yet to be priced in and filtering through into the economy. if there is still going to be kate king hold in the economy in the months ahead, inflation is going to come down but not down to that target it estimated until 25. that is inflation and interest rates, talk to ....

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