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CNBC Squawk July 4, 2024

Higher than expected. Plus tesla shares, well, they continue to have a very rocky ride this year. In fact, they are the worstperforming stocks so far on the s p for 2024. Another firm cuts their price target on that stock. And former treasury secretary Steven Mnuchin telling cnbc just last hour that he is putting together an Investor Group to try to buy tiktok or the u. S. Business of tiktok. Lets begin with the Market Reaction to ppi and retail sales as well. Last months decline, a little bit tight. As you mentioned, the market trying to look past it, struggling to do so, maybe. Cpi this week, you had these big treasury auctions that maybe we thought it would knock the market potentially off course. Now, there was a hiccup lower in the indexes, and bonds definitely are registering this hotterthanexpected inflation numb ....

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KNTV NBC July 4, 2024

Reporter sometimes he is dressed in all black but this morning he wasnt dressed. Naked. Reporter naked. Yes. Reporter do you worry he would hurt you . Yes. Reporter he has had 17 retraining orders filed against him and he has been arrested and released more than 60 times. And convicted of a range of crimes including burglary, violence and drug use. Throughout all of that anne says he has continued to leave messages outside her home. He wrote i love you, i love you, i love you, i love you wink, wink, wink. Reporter another neighbor who did not want to be identified received messages, too. Written in black sharpy the word almost. Reporter as it like i almost got in . Yes. It makes me sick to my stomach. Reporter he never faced charges for those accusations but the department of justice is going after him now. Charging him with vandalism for what prosecutors say was clearly caught on camera. The neighborhood is on federal land so the doj has jurisdiction. He never heard the name but he do ....

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BLOOMBERG Bloomberg July 4, 2024

Katie welcome to bloomberg markets. Take a look at markets now and you have the big benchmarks fighting to stay green even as we worry about regional banks. The s p 500 is higher by 0. 2 and big tech is slightly better. The nasdaq 100 is up about 0. 4 . Kre is an etf that tracks regional banks and its off by about 2. 2 or so. The new York Community bank shares are at the lowest since 1996. They are plunging once again for the commercial real estate lender said it found Material Weaknesses and how it tracks loan risks. Hermann chan joins me now. Could this test put this into context. We were waiting for another shoe to drop so how bad is this one . The disclosure yesterday evening about the Material Weakness raises questions on how the bank is monitoring their Loan ....

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BBCNEWS Breakfast July 4, 2024

Our reporter ben king has the details. When drinkers gather at londons King Charles Pub this evening, there will be a new tax regime in place. Changes announced in March Come Into Effect today taxing stronger drinks more and weaker drinks less. At the same time, Alcohol Duties rise with inflation up by io. I . The result a complex series of changes. 12 sparkling wine will be i9p cheaper as higher rates for fizz are abolished. A can of pre mixed gin and tonic will be 5p cheaper. But a bottle of 12 still wine will rise 44p. A bottle of vodka up 76p and a bottle of 20 port up £1. 30. So among drinkers, there will be some winners and losers. But the wine and spirits industry, which sees many of its products hit with higher taxes, says customers will see higher prices and less choice. We have the biggest duty incre ....

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BLOOMBERG Bloomberg July 4, 2024

Record high amid massive inflows into Exchange Traded funds. The state of Digital Currencies amid that rally. Caroline apple facing weak demand for the iphone in china. The recently slashed the price of the latest model. We will discuss that and more. First, lets check on markets. The macro field to the day the pce deflator what is the Inflationary Pressure the Federal Reserve is looking at . Came in, in line with expectations. Write for the Federal Reserve therefore to be pausing on rate cuts. A relief to the market. We see 10 year yields come down from four basis points, down across the curve. Im looking at a volatility and a fear gauge that strengths shrinks less than a point. Look at what you ....

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