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CNBC Power Lunch June 22, 2024

A new plan to revamp them expected to be announced this week by president ial candidate Hillary Clinton. Cnbc chief washington correspondent john harwood is in d. C. Now with details. Reporter mandy, Hillary Clintons beginning to lay out all of the components of her Economic Program to try to relink middle class incomes with the profits of Corporate America. Last week she talked about a plan to link employee tax policy or employer tax policy toward Profit Sharing with employers. Now shes trying to encourage longterm investment. I just want to go back to the history of Capital Gains rates to illustrate what shes the system that shes trying to tweak. ....

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KQED PBS NewsHour June 22, 2024

Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill the death toll from sundays alshabaab suicide bombing in somalias capital rose today to 15. The facade of the fivestory hotel in mogadishu was sheared off when a car packed with explosives rammed into its front gate. In neighboring ethiopia today president obama said the islamic Militants Attack underscored the need to push back against violent extremism. Yesterdays bombing in mogadishu reminds us that terrorist groups like alshabaab offer no ....

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KQED PBS NewsHour June 22, 2024

On tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill the death toll from sundays alshabaab suicide bombing in somalias capital rose today to 15. The facade of the fivestory hotel in mogadishu was sheared off when a car packed with explosives rammed into its front gate. In neighboring ethiopia today president obama said the islamic Militants Attack underscored the need to push back against violent extremism. Yesterdays bombing in mogadishu reminds us that terrorist groups like alshabaab offer nothing but death and destruc ....

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BLOOMBERG Market Makers June 22, 2024

Secondquarter revenue, 74. 1 billion. That is the number that we were looking for for revenue. Once again, secondquarter earnings per share one dollar. 74. 1 billion, secondquarter revenue. Scarlet thank you so much for that first read on exxon mobil results. We have alix steel. This is our moment. She is busy looking through all the numbers. This earnings pershare number. Matt versus almost three dollars last year. It is an amazing drop. Alix we do want to hear where the miss actually happened. The common theme for earnings has been production and job cuts. What they do with production is mattering a little less. Can they keep their dividends . Do they have cash flow to cover it . That is the focus. Every quarter, it is usually production, production production. That came in bang in line. Those metrics matter a little more. We are getting a reading on capex comeing in at 8. 3 billion. Scarlet we were talking about production. Why is it significant to meet
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CNBC Squawk Box June 22, 2024

Far, up 8 . Check out whats happening this morning. Things have barely changed. The dow futures are up about 12 pokt. The nasdaq just under one point. If you havent woken up there is a full moon out right now. On todays squawk planner economic data. At 8 30 eastern, the earnings. The news in earnings big oil will be in focus. Among the names posting quarterly rults, exxonmobil and chevron. The weekly bag lyly Baker Hughes Rig count is a number of the rigs actively developing oil or natural gas in the United States and canada. We went up to 70 60 for a little while. Everybody came back in. People predicted that. They didnt need to get to 100. Isnt crude down . It is. 48. 52. They think we could be looking at a threehandle on wti because the fraccers have gotten so good. These what . Fraccers. Thats werdird. Theyve cut costs. They dont need oil prices to stay high. You say it ....

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