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Transcripts For KRON KRON 4 News At 430am 20240711

And overall just not the best of weather to be venturing out into so hopefully be settled down pretty early on this afternoon just take it easy inside the home by the time this rainfall arrives rainfall totals will amounts anywhere from a quarter of an inch to a half an inch by the time we reach tomorrow morning, pretty good amount of rainfall in a short amount of time now as i mentioned the tri valley and the snow grade some of our east bay hills in the midst of some fog this morning aside from that your morning commute actually looking pretty good. We are in the midst of 40s and 50s for your current temperatures. Drive safely this morning and get ready for the rainfall later on today, something you want to be prepared for as you leave the house reyna john thank you and if you are commuting hit the road like john mentioned. Its an easy commute. This morning that might all change later on in the day. But as you head into the city from the east bay right now. Your drive times are under

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Transcripts For CNBC Squawk Box 20240711

30year at 1. 86 andrew the big story over the weekend, twitter, facebook, snapchat are among the platforms that have blocked or removed President Trumps access following the breach of the capitol last week. Shares of those social Media Companies have taken a tumble over the weekend, including twitter, down about 6 in addition, apple, amazon and google took steps to boot parler, a social media app popular among conservatives. Some rioters used parler to organize the attack on the capitol. He accused Big Tech Companies of conspireing to eliminate his platform from competition. Well have a lot more on this story in the next hour because its a very, very big one. Not just because of the president but what it really speaks to in terms of these Big Tech Companies and what they can or cannot do joe . It is its the the world is moving in a direction that some people might feel a little uncomfortable with i think you probably or all of us, andrew, at this point its almost like, okay, youre off

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Transcripts For MSNBC The ReidOut 20240711

Joy, i know thats something youve spent time talking a lot about as well. Youre right, nicolle, that was one of the things that struck me as well. I wasnt sure if they were afraid of donald trump hearing them say he lost, even though theyre calling him the former president , they keep saying i think they go back and forth between 45th president and former president , but they cant say it out loud. Republicans are still unable to say out loud that donald trump lost the election. That level of terror, i guess. I dont know if ive ever seen it in politics, but i sure havent. Its weird. Thats why its all yours. Over to you, my friend. My turn to deal with the weird now. Appreciate all you guys. Thank you all for being here. Good evening. Yes, we do begin the reidout tonight with Donald Trumps impeachment defense. It wasnt a defense, okay . I dont know if you watched it, but in case you missed it, just let me sum it up for you. It was really a rightwing tv show. And perhaps most importantly,

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Transcripts For CNBC Squawk Box 20240711

Points the s p setting a new record, the nasdaq coming just off of a new record but those are not the only records out there. Well give you an update on some covid numbers. But before we do that, lets look at the treasury market. Right now it looks like the ten year is yielding 0. 931 . So again, that elevated level at least from what weve seen recently andrew and we have several grim metrics to show you, the pandemic hitting new levels right here in the United States. More than 2700 people died from the virus yesterday in the u. S. And more than 204,000 new cases were reported. Both are single day records. According to the covid tracking project, more than 100,000 people in the United States are currently hospitalized with covid19 hospitalizations have been setting new records almost daily since november 10th. And Health Experts are bracing for a possible surge in travel related cases following thanksgiving and the cdc is urging people to cancel december travel plans so good news on t

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Transcripts For CNBC Closing Bell 20240711

Bit. Jobless claims dropped good news stemming a recent downturn in the labor marked more than 11 million americans remain on unemployment benefits. We are seeing movement on a stimulus package the russel cap always the up a here with 59 minutes left until they close. Coming up on the show he leads the largest grocery crane in the u. S. , krogers Ceo Rodney Mcmullen will join us we will talk about covid surges and competition with the likes of amazon and walmart. And bob davis with highland capital will join us to debate the investment worlds latest fad, spaces and where he wants to put money to work. Lets focus on the big stories today. We have mike as always tracking the market action. And ylan moi has the lat est on stimulus negotiations which could actually be moving forward this time. Mike we are up 171 points or so, near the session highs on the dow. Boeing certainly lifting the dow. Broadly speaking the average stock is up. It is quiet continuation of this rally. Not necessarily

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