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Transcripts For CNBC The News With Shepard Smith 20240711

His tweet is flagged as misinformation if you dunt tcount the illeg votes, the ones that came in late, they are trying to steal the election jay powell says the current economic downturn is the most severe of our lifetimes. Sure, i think that there are plenty of people on capitol hill who on both sides of the aisle who see a need for further fiscal action and understand perfectly why that might be the case and the wall street rally continues. The swiss luxury giant says online sales are recovering after 82 drop in net profit well, the u. S. Election is inching toward a final result as votes continue to be counted in several crucial battleground states across the country. At this moment, democratic candidate joe biden is ahead of President Trump in the key Electoral College tally, 253 to 214, that is according to nbc news projections 270 votes are needed to win. The tightest race is in georgia where President Trump holds array czar thin lead of under 700 votes. A win in georgia for bide

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240711

Save the lives of one of your childrens teachers, maybe it saves your life. Please, i implore you, wear a mask. Do it for yourself. Do it for your neighbor. A mask is not a political statement. It is a good way to start pulling the country together. I want to be very clear. The goal of mask wearing is not to make your life less comfortable. It is to take or take something away from you. It is to give Something Back to all of us. A normal life. The goal is to get back to normal as fast as possible. Masks are critical in doing that. It will not be forever. That is how we will get our nation back, back up to speed economically. We can go back to celebrating birthdays and holidays, so we can attend sporting events, so we can back to the live and connections we shared before the pandemic. It does not matter who you voted for. We are americans in our country is under threat. We are now called to do the same thing generations of proud americans have done when faced with crisis throughout our

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Transcripts For ALJAZ News 20240711

Saying hes been terminated. Drug giant pfizer says its covert 19 vaccine looks to be 90 percent effective sparking hope that the global outbreak can be brought under control. President elect joe biden is still warning of a dog when to head off to the u. S. Infection count pos its 10000000. We begin with breaking news in the conflict between azerbaijan and armenia in the disputed region of the going to cut back on me as Prime Minister has announced just in the last hour or so he signed a deal with azerbaijan and russia to end the war nicole delivered the news via a statement on his Facebook Page saying the agreement would come into force on cheese day. He described the decision as unbelievably painful but one which had to be made her Armenian Forces had just lost control of a major city in a going to come back not far from the regional capital. Lets go to a binge of aid who is in the capital of the by john who bring us up to date what is the latest that youre hearing. Well weve just hea

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Razor thin margins in places like georgia. Tom i do want to note, very importantly, the japanese out to new strength moments ago. Joe biden out to new strengths, and theres no question the key gone bidenrgia has ever so slightly. Ahead for mr. Es biden in georgia. Jonathan everyone doing the math and saying the passed for the president just gets narrower and narrower. The president overnight continuing to push back in a uniform manner from the whole campaign. Tom really extraordinary to see that. I know we will have some images of that press conference last night. , wethose of you worldwide will have our experts on that. What is so important to me is the idea that this is just not the president. He has galvanized trump nation to send a message out that this is fraud. Georgia, pennsylvania, nevada, arizona, the counting continues. That is the focus through this morning. Toa we are waiting to hear see whether we can pencil in joe biden as the next president. That does seem to be what is

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Transcripts For CNBC Power Lunch 20240711

You can see the dow is reacting. The nasdaq has turned positive by. 1 or 12 points and we are entering, of course, the most crucial month for the retailers. Many stores still shut down but the stocks are rallying, especially Department Stores, as you see right there. Look at the macys, and nordstroms. Once again, power lunch starts right now. Thank you, tyler im kelly evans. We begin with the markets this hour the dow was up 11 in november that would be a good year. It would certainly make it the best month for the index since 1987 up 25 today. Dom chu has more on the action its a catchup trade for the dow. It has been for the better part of 2020 lagging behind certainly the nasdaq composite and in some cases the s p 500 as well. Remember, the green lighne, the nasdaq far outperforming other indices. Now the dow trying to play a little bit of catch up here. A good month for the dow shaping up well see if it holds as we head towards december another big thing to watch is whats happening

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