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BLOOMBERG Bloomberg Technology July 13, 2024

Founder of another vaccine inovio. Meantime, jay powell reiterating that the fed plans to use all the weapons in its arsenal to help probably u. S. Economy in the coronavirus pandemic. To give us a breakdown, i want to bring in markets reporter taylor riggs, who has been following all the action. Tech returning as the leader today despite the overall drop. Taylor just before the last two hours of trading, most equities were in the green. The nasdaq sort of leading those gains. Getting back to that leadership that has been missing. Of trading,w hours the moderna vaccine, that the study may be did not produce enough clinical data. Words, thelot of underlying data that you wanted. Tech did resume today, providing some defensiveness. The fangs coming out and being the only major indices in the green. Thet of a shift relative to previous days. Amazon set a high bar in terms of earnings results. Taylor this has been the bull and the bear case. People were wondering, could a company like walm ....

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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Chinese demand levels almost at precrisis level. Time for todays market moving news from our washington and new york teams. We want to start with fed chair jay powells comments on the economy. In an interview with cbs, he expressed confidence in the recovery, but timing is still hard to predict. Chair powell the economy will recover. It may take a while. It could stretch through the end of next year. We really dont know. Michael mckee, International Economics and policy correspondent, has more. Was there anything new on cbs . Michael nothing really new, just summarizing what we already knew from the fed and from economists and disease experts. He suggested that what it is really going to take is a vaccine before people feel really confident and the economy can start to move back in the direction of where it was before all of this started. He said congress and the central bank may need to do more to keep us afloat during t ....

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CSPAN2 Acting CBP Commissioner Mark Morgan On Presidents 2021 Budget Request July 13, 2024

We will come to order we welcome the acting commissioner of cbp mark morgan thank you for being here today we look forward to getting your perspective on cbp priorities and requirements fiscal year 2021 the budget proposes 15. 6 billion of Discretionary Spending by cbp and increases 714 million above the current your level of the total includes 2 billion of 82 miles of barriers and 625 over the current year appropriation for nearly 80 percent of the total fy 2021 increase for cbp overall. I have obvious concerns for spending another 2 billion on border barriers but aside from any debate this administration continues to circumvent the will of congress by diverting millions of dollars for what congress specifically appropriates for this activity. The house bill does not include the funding. Even more to the point of funding proposed would crowd out other investments we all agree our high priority. For instance it is unclear ....

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CSPAN2 Acting CBP Commissioner Mark Morgan On Presidents 2021 Budget Request July 13, 2024

We will come to order we welcome the acting commissioner of cbp mark morgan thank you for being here today we look forward to getting your perspective on cbp priorities and requirements fiscal year 2021 the budget proposes 15. 6 billion of Discretionary Spending by cbp and increases 714 million above the current your level of the total includes 2 billion of 82 miles of barriers and 625 over the current year appropriation for nearly 80 percent of the total fy 2021 increase for cbp overall. I have obvious concerns for spending another 2 billion on border barriers but aside from any debate this administration continues to circumvent the will of congress by diverting millions of dollars for what congress specifically appropriates for this activity. The house bill does not include the funding. Even more to the point of funding proposed would crowd out other investments we all agree our high priority. For instance it is unclear ....

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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Nissan scrapped its payout entirely. Changes at the top. Ubs begins its search for a successor to ceo Sergio Ermotti. They are said to be seeking internal and external candidates. Good morning, just under an hour away from the start of the cash equity trading day in europe. Lets take a look at the futures picture. The picture around the asian equity session was one that was flat and negative, and this is the picture we have for european futures. European futures showing a bit of upside to the start of the trading day, as our u. S. Futures. We are expecting to see more movement, but coronavirus remains a big topic of discussion. And expectations about what Central Banks can do is at the forefront of investors minds, when we look at the resilient futures. Lets get to the breaking data. We have german Economic Data for the
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