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CNBC Power Lunch July 14, 2024

The end of may if thats the biggest youre going to get, hey, well take it big moves in bunds yields on the tenyear note falling below 10 . There you see it at 1. 99, if my eyes serve me. And gold marching higher prices up 10 so far this month. Sixyear highs on gold more on the gold trade ahead kelly. Tyler, thanks lets get to the comments from fed chair powell he was speaking in the past hour about the economy and fed policy hes still speaking right now because its still the council of Foreign Relations part of the q a. This is, again, Federal Reserve chair jay powell saying the Federal Reserve will act as necessary, as needed to sustain the economic expansion he says that uncertainty over trade and Global Growth have increased. But hes grappling over whether th ....

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CNN CNN Newsroom With Ana Cabrera July 7, 2024

and houston rushes out. the country that put the first man in space is quitting the international space station. the impact on future missions just ahead. but first, your money and cnn business reporter matt egan is here with us. today s consumer confidence report was the first major data point in this critical week for the u.s. economy. what did it show? simply put americans are not happy with this economy. consumer confidence dropping for a third month in a row in july. to put this into context, the lowest level for consumer confidence since february of 2021. not only is confidence well below the peak of last year, it s not even close to the pre-covid levels, closer to the covid lows, which is pretty amazing. this is a telling stat despite the very strong jobs market, just 17% of consumers said business conditions were good. 24% say conditions are bad. now this is a big deal because consumer spending is the biggest driver of the economy. if people slow their spend ....

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CNBC Squawk July 2, 2024

Some gains at the open expectations are high for the chip makers results after the bell watch apple. The midst of a sevenday win streak with a gain of nearly 13 so far this month. Lets begin, though, with target down sharply on this Quarterly Earnings miss and a sales decline. The retailer did say customers cut their spending on discretionary and grocery. Company did reaffirm fullyear guidance, jim. They guided comps down and came in 3. 7 when you talk to brian, hell be insistent that this wasnt anything that you should find unexpected the thing that im struggling with is he talks about the consumer, in tepid terms walmart didnt walmart told about a consumer thats in good shape and price rollbacks. We didnt get price rollbacks from target until this week. So, im beginning to wonder whether target is out of position versus walmart. Where walmart is really starting to walmart plus represent a bargain. Walmart can also subsidize ....

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Brooks Running posts record 14% increase in Cyber Monday sales

Brooks Running posts record 14% increase in Cyber Monday sales
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Treading A Tricky Holiday Shopping Season

This holiday season, the path to success isn t just about offering the trendiest items at the best prices. Consumers want that perfect balance between value and desire. ....

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