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KQED Nightly Business Report July 13, 2024

At new highs. It probably helped that phase one of the u. S. china trade deal has been reached andhat the fed is not likely to touch Interest Rates for the foreseeable future. Today theow rose 100 points for a 28,235, nasdaq up 79. S p added l. Weave more on the markets in just a moment. But we begin tonight with boeg d these reports that the rospace giant will temporarily halt production of the 737 max jetliner starting in january. Its the first halt in its development, something that few sawas coming when the jet grounded last march. That sent the stock lower. Phil lebeau is following the story for us, as always what are the details of the halt and how big of a deal is this for boeing . Its a huge deal, bill. 737 max production starting in january halt, likely lasting5 60 days. I say likely, because boeing is not putting a timeframe in tms of when it planses toe production. That will be determined by whether or not the a lifts t ....

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CNBC On The Money July 13, 2024

Now becky quick. We begin with the weather we cant change it or improve it, though we can complain about it but as Steve Liesman found thanks to big data and supercomputers meteorologists could make predictions with greater accuracy and that could have a huge impact on local economy. Better weather is this weeks cover story. Reporter in develops companies, our smartphones warn us, but people around the globe lack even basic forecasts. But with super compute going ibm launched graph, a forecasting model. It says that graph will provide accurate forecasts not for a few places, but for the entire world. This model is named after the ancient god that ruled the super sky. It puts 12 trillion pieces of weather data every day for 26 million location around the world. The super computer is so fast, this massive model provides new forecasts every hour were getting down to kind of the Cellu ....

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CNBC Closing Bell July 13, 2024

Month. Corporate earnings and sharp moves from the likes of broadcom, origacle, and adobe. And the u. S. Is weighing new 100 tariffs on new european products, including whiskey and cognac plus, a big interview just minutes from now Morgan Stanley Ceo James Gorman, a live and exclusive interview right here at the exchange joining us for the hour is lindsay bell, chief investment strategist at ally invest. Good to see you today, lindsey were seeing the markets kind of shrug over these trade headlines, why i think the market has really priced in a phase i deal getting done the news in the Early Morning market got excited and that quickly got deflated the market is up 26 yeartodate its trading at an 18 times multiple which is pretty rich by historical standards this is really just the market kind of taking a breather and wa ....

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CNBC On The Money July 13, 2024

We begin with your next meal Companies Like beyond meat and impossible foods are introducing americans to new protein options maybe not considered before. How about bugs many parts of the world already embrace insects as a food source and it could soon be part of your daily diet, too our jane wells gave it a try in our cover story. Reporter you are looking at a gateway bug, an insect with so much potential to feed the planet uses minimal resources it seems a nobrainer as a protein source, but would you eat it this one is our peanut but around blueberry. Reporter much of the world eats insects from cricket to male worms, grasshoppers americans generally say, ooh well, dont judge. No thats really good. Reporter a growing group of entrepreneurs may prove bugs are the future. The same amount of protein from insects as from regular animals and uses so much less water and its good protein. Plus, their fiber youre eating the whole thing. ....

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CNBC On The Money July 13, 2024

Your money, your life, your future now becky quick. We begin with a blended family thats when one or both spouses bring at least one child from a previous relationship to their new marriage and as Sharon Epperson reports, for many step parents, combining families and finances can be particularly challenging special blend is this weeks cover story. At first glance, ronnie and lamar are a typical family they own a Media Company and live outside of atlanta with their four children. The two got married 14 years ago. It was basically love at first sight for lamar. For ronnie. They are blended. A couple that joins together with the children from one or both of their previous relationships. Ronnie already had two children before meeting lamar the couple had the youngest two after they married it kind of blindsided me. I wasnt intentional about what does this mean for me, my husband, ....

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