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CNBC Closing Bell July 13, 2024

Decades. The economy there slowing by almost 7 . And two dow components moving higher boeing that is restarting some production in Washington State and proctor and gamble reporting strong sales growth. Ill hit that later in the hour. Yes, indeed, hooking forward to that. Markets up 1. 5 59 minutes left of course. Lots of big guests coming up including we will discuss the broad market rally with bank of america and blackrock and chamber of commerce ceo, tom donohue will discuss the call for congress to provide more emergency funding to Small Businesses bob pisani is tracking todays rally. Adam from staten news is with us to talk about the market moving report he cowrote on gileads drug bob, lets kick things off with you. Well, we are up today and have been all day, but were at essentially just off the lows for the day. So the markets kind of running out of steam here. The ....

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FBC The Claman Countdown July 13, 2024

Investing heading back into the bear cage, we are going to ask economic guru if you should head back into that or follow the breakup optimism that were seen today on the market. Doctor was featured in the netflix dock eseries pandemic, she is the one who coordinates the Pandemic Response in new york city hospitals. She is going to come here today and she is going to tell us what she is seeing now and if she thinks the nation is healthy enough to gun the economic engine once again and maybe this news from dickinson, it might help with the metal to the petal, the medicals tech company just got emergency approval for a new covid19 test, not a vaccine, an actual test to see if you have the virus, you will not be relieved how quickly the test results come in. We have the ceo exclusively to explain. And need the kalamazoo kids, they are too Small Businessman from michigan who te ....

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CNBC Closing Bell July 13, 2024

Outbreak in the u. S. , but new jersey reported its worst day yet. More money for Small Business as the treasury secretary and lawmakers signal additional funds will be allocated for the Small Business program, which has seen enormous demand and m. G. Firms from exxon to halliburton may lay off workers in light of the economic turm l turmoil. Well speak with the ceo of verizon about the companys effort to keep students informed while they are away from school. And the ceo of state street will join us. We have details on the Small Business relief meeting that is taking place this hour at the white house. Mike santoli is tracking the markets fading gains this hour. Ka kayla, first to you on breaking news in washington reporters are entering the roosevelt room right now where
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CNBC Fast Money July 13, 2024

To get into longterm investments and later on, a staggering stat that youve got to hear around netflix that stock continues to be bought as we all binge watch tv. We are going to get to all of that, but weve got to get to breaking news that is important on the virus, and it is also moving the market after hours. Gilead sciences shares they are surging on some very promising drug news. Lets get right now to meg tirrell with more on this big story. Meg . Hi, brian this is breaking news from stat news basically, they got a glimpse from one of the hospitals thats running remdesivir at the university of chicago. Essentially what they saw in video communication with the faculty members there is on the report of the Clinical Trial it sounds like the patients according to them are making rapid recoveries at least in terms of their fever and respiratory symptoms and reported nearly all patients discharged in less than a week this is not co ....

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BLOOMBERG Bloomberg Technology July 13, 2024

Josh, walk us through what we know. Josh we started the week with the president saying he has absolute authority. This plan gives governors widely way to make wide leeway to make their own choices. You can jump into phase one immediately if you have met certain conditions. The governors will have a lot of leeway to determine if the states have met that. He is recommending that if they do not see outbreaks or meet certain conditions, subject to their interpretation of those conditions, you can get back to normal in about four weeks. This will raise questions about the risk of a second wave. Whether the u. S. Has the Testing Capacity to respond. Call the president had a with senators and governors today. What do we know about that phone call . Josh we have seen this thing brewing for a while. Protests in michigan this week against what they view as stringent orders. The governor of michigan is democrat who could be joe bidens runn ....

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