Business

You don't need an MBA to make financially-wise business decisions. Listen to all the latest audio news impacting your wallet here, sourced from leading podcasts and talk radio shows.

Welcome to Audioburst's Business Playlist

Audioburst Playlists

00:15 sec | 7 months ago

Welcome to Audioburst's Business Playlist

"Welcome to Audioburst’s Business playlist. You’ll hear the latest news from the world of finance, delivered in bite-sized bursts of audio, curated from leading podcasts and talk radio shows. Now that’s economical

 AP Source: NSO Group spyware used to hack State employees

WTOP 24 Hour News

01:07 min | 3 hrs ago

AP Source: NSO Group spyware used to hack State employees

"Joe Biden and Russian president Vladimir Putin A source tells The Washington Post excuse me a source tells The Associated Press that spyware from an Israeli company called NSO group was used to hack State Department employees Mike Gracia has that report from The Associated Press Apple iPhones of 11 U.S. State Department employees located in Uganda were hacked with spyware from Israel's NSO group a person familiar with the matter told The Associated Press Friday The employees included some foreign service officers It is the first known instance of NSO group's Pegasus spyware being used against U.S. government personnel and NSO group markets Pegasus to governments for use against terrorists and criminals but it has allegedly been used to spy on human rights activists journalists and politicians as well Last month the U.S. commerce department blacklisted NSO group barring it from using U.S. technology Apple sued NSO group last week seeking to effectively shut down its hacking of all iPhones and other Apple products Mike Gracia Washington Authorities in Michigan have been searching tonight for James and Jennifer crumbly They are the parents of Ethan crumbly the

Nso Group The Associated Press Mike Gracia NSO U.S. State Department Vladimir Putin Joe Biden The Washington Post Apple Uganda U.S. Commerce Department U.S. Government Israel U.S. Washington Michigan Jennifer James Ethan
Why the November Jobs Report Is Better Than It Looks

Here and Now

00:39 sec | 8 hrs ago

Why the November Jobs Report Is Better Than It Looks

"I'm Susan levy America's unemployment rate tumbled last month to its lowest point since the pandemic hit the Labor Department reports that private businesses and other employers added just 210,000 jobs in November the weakest monthly gain in nearly a year and less than half of October's gain of 546,000 A three judge panel overseeing a recount in a close Virginia Beach state House race has upheld the Republican candidates victory This reaffirms the GOP's takeover of the chamber and completes the party's sweep of last month's elections President Biden is vowing to make it very difficult for Russian president Vladimir Putin to make military

Susan Levy Labor Department America Virginia Beach President Biden GOP Vladimir Putin
The U.S. added just 210,000 jobs in November, way below economists' forecasts

Bloomberg Businessweek

00:44 sec | 9 hrs ago

The U.S. added just 210,000 jobs in November, way below economists' forecasts

"Certainly one of our top stories on this Friday A jobs Friday U.S. job growth registering its smallest gain this year while the unemployment rate fell by more than forecast to 4.2% That feels pretty low Offering though a mixed picture that may nevertheless push the fed to quicken the wind down of pandemic stimulus and this is what we're all trying to figure out right now Really what does this all mean when it comes to monetary policy in the U.S. It's also happening at a time when that survey didn't even cover the part of the month where we even knew what the word on The Crown meant Exactly And you do wonder how that might impact things which is why the next jobs report could be even more important All right let's get to it though because someone who sees a lot in terms of what is going on in the labor force real time especially when it comes to millennials and Gen Z

U.S. FED
 BP agrees to $500K penalty, soot limits at Indiana refinery

The Dan Bongino Show

00:56 sec | 10 hrs ago

BP agrees to $500K penalty, soot limits at Indiana refinery

"Dozen crimes including murder attempted murder and terrorism Oil John BP has agreed to pay a large penalty over pollution at its refinery and Whiting Indiana hears Kim Gordon BP has reached an agreement to pay over $500,000 in penalties and reduce certain emissions from its wide and refinery The company reached a consent agreement with regulators and activists who accused the company of violating an earlier deal high temperature processing units at the facility released tiny particular matter or soot which is linked to asthma and other respiratory and cardiovascular illnesses The refinery is the largest in the Midwest and the 6th largest in the U.S. Kim Gordon 8 90 WLS news The Smollett trial takes a break Jussie Smollett's attorney allege the star prosecution witness saw $2 million from the actor a defense lawyer said Abby Mola a Sundar who Smollett allegedly recruited for the 2019 attack asked for the huge payout in exchange for him telling police the actor didn't plan the hoax

John Bp Kim Gordon Smollett Whiting BP Indiana Jussie Smollett Asthma Abby Mola Midwest U.S. Sundar
FDA Aims for Speedy Review of Omicron Vaccines and Drugs

WTOP 24 Hour News

00:53 sec | 10 hrs ago

FDA Aims for Speedy Review of Omicron Vaccines and Drugs

"Unknown including its severity and how current vaccines perform against it Meanwhile the FDA is laying the groundwork for the rapid review of OM targeted vaccines and drugs if they become necessary The Wall Street Journal says the agency has been meeting with drug makers and setting guidelines for any studies and data so new vaccines can be swiftly evaluated Officials say it would probably take three months to develop and test those drugs and vaccines once the threshold is crossed companies can apply for authorization through an expedited review process The FDA could then make its decision within a week or two Researchers have discovered a way to measure something you wouldn't think was measurable 7 simple questions may determine how wise you are That's according to researchers at the University of California San Diego They had previously developed the 28 item San Diego wisdom scale that has been used in large studies worldwide biological research

FDA The Wall Street Journal San Diego University Of California
US jobless rate sinks to 4.2% as many more people find jobs

AP News Radio

00:50 sec | 11 hrs ago

US jobless rate sinks to 4.2% as many more people find jobs

"The the latest latest jobs jobs report report as as provided provided a a mixed mixed picture picture that that still still points points to to a a resilient resilient economy economy employers employers added added just just two two hundred hundred ten ten thousand thousand jobs jobs in in November November the the few few wispy wispy nearly nearly a a year year and and less less than than half half of of what what Wells Wells Fargo Fargo Serra Serra house house as as a a condom condom is is predicted predicted overall overall headline headline rate rate of of job job gains gains were were pretty pretty disappointing disappointing but but the the unemployment unemployment rate rate also also dropped dropped sharply sharply to to four four point point two two percent percent to to the the lowest lowest since since the the pandemic pandemic hit hit with with one one point point one one million million Americans Americans saying saying they they found found jobs jobs last last month month we're we're looking looking at at the the sharpest sharpest one one year year decline decline in in unemployment unemployment ever ever simply simply put put America America Americans Americans back back to to work work president president Biden Biden notes notes Americans Americans are are still still anxious anxious to to meet meet high high inflation inflation and and Omicron Omicron variant variant fears fears but but says says the the economic economic recovery recovery continues continues Sager Sager mag mag ani ani Washington Washington

Wells Wells Fargo Fargo Serra Serra Biden Biden America Sager Sager Ani Ani Washington Washington
Debt Ceiling Window Is Narrowing, Bipartisan Policy Center Warns

Squawk Pod

00:57 sec | 11 hrs ago

Debt Ceiling Window Is Narrowing, Bipartisan Policy Center Warns

"Next. Next on squawk pod, debt limit drama. When the treasury will run out of money, hint it soon, and a new plan to avert disaster from lawmakers. The idea of being able to bring down the debt to GDP by 5% over a decade. I mean, that would be a pretty complicated complex structure to try and work out. You'd think it'd be easier to just negotiate the debt ceiling. CNBC's workforce executive council is a premier group a C suite human resources executives from leading companies across the country. It offers a members only portal and chat, plus exclusive industry content, with access to breaking news calls and digital networking experiences. The network and resources HR leaders need now. Applying to the workforce executive council at CNBC councils dot com slash WEC.

Workforce Executive Council Treasury Cnbc
Six different Covid vaccines are safe and effective when used as boosters, UK study finds

WTOP 24 Hour News

00:37 sec | 12 hrs ago

Six different Covid vaccines are safe and effective when used as boosters, UK study finds

"British researchers compared 7 different brands of COVID-19 vaccines as boosters They found most of them prompted a strong immune response with Moderna and Pfizer eliciting the strongest regardless of the initial vaccine They reached this conclusion after measuring the antibody levels of nearly 3000 volunteers four weeks after they received their booster shots and found those who had the Moderna booster had the greatest number of antibodies That's a good way of predicting the effectiveness of a vaccine The study did not measure the effectiveness of boosters against the new omicron variant Linda Kenya CBS News District health officials are working to see if the new coronavirus variant has come to town

Covid Moderna Pfizer Linda Kenya Cbs News
Declining Jobless Rate Keeps Fed on Track to Accelerate Taper

WTOP 24 Hour News

00:34 sec | 13 hrs ago

Declining Jobless Rate Keeps Fed on Track to Accelerate Taper

"At the sharpest one year decline in unemployment ever Simply put America is back to work Business analyst Jill schlesinger says the jobless rate fell from 4.6% to 4.2 The unemployment rate fell for the right reasons More people entered the labor force and were able to secure new jobs That unemployment rate is actually below where we stood in March of 2020 We expect to learn soon if the parents of the Michigan school shooting suspect will face charges the prosecutor has said their actions went far beyond negligence CBS's Nancy Chen and Oxford says

Jill Schlesinger Labor Force Michigan School America Nancy Chen CBS Oxford
Honda recalls SUVs and pickups because hoods can fly open

WTOP 24 Hour News

00:25 sec | 14 hrs ago

Honda recalls SUVs and pickups because hoods can fly open

"Honda is recalling nearly 723,000 SUVs and pickup trucks because the hoods can open while the vehicles are moving The recall covers certain 2019 passports 2016 through 19 and 20 that's 2016 through 19 pilots and 2017 through 20 ridgeline pickups Dealers will either make repairs or replace the but if necessary at no cost to owners you can read

Honda
 Biden signs stopgap funding bill to keep government running

Bloomberg Surveillance

00:41 sec | 14 hrs ago

Biden signs stopgap funding bill to keep government running

"Found and the needed votes to avert a government shut down but the measure only funds the government through February 18th Lawmakers had to defuse a partisan group over federal vaccine mandates The bill now goes to president Joe Biden who is expected to sign it Live from the Bloomberg interactive broker studios This is global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalist Manila more than a 120 countries I'm Michael Barr this is Bloomberg Tom Lisa I'm Michael very quickly are we going to get back to the markets in this job today but what's the likelihood of an MLB locked down to opening day I've yet to see

Joe Biden Michael Barr Tom Lisa Government Manila Michael MLB
 Striking Kellogg's workers to get 3% raises in new contract

WTOP 24 Hour News

00:52 sec | 16 hrs ago

Striking Kellogg's workers to get 3% raises in new contract

"Kellogg's has reached 5 year deal with its striking workers that'll give them a 3% raise The company says the agreement and nearly two month long strike also provides cost of living adjustments in the second through 5th years of the contract and maintains employees current health benefits Workers at serial plants in Michigan Nebraska Pennsylvania and Tennessee would be covered by the contract they'll vote on the deal Sunday 5 casinos in Maryland are closer to being able to offer sports betting The state lottery and gaming control commission is planning to allow the casinos to begin what it's calling controlled demonstrations essentially soft launches The 5 casinos that were awarded sports betting licenses last month are Hollywood casino horseshoe casino Maryland live casino MGM national harbor and ocean downs casino Coming up cases of the variant of COVID-19 have turned up in at least 5 states now

Kellogg Lottery And Gaming Control Com Nebraska Maryland Tennessee Pennsylvania Michigan Mgm National Harbor Hollywood
Inflation causing hardship for almost half of U.S. households

Bloomberg Surveillance

01:36 min | 16 hrs ago

Inflation causing hardship for almost half of U.S. households

"From both sides of the aisle to control inflation Inflation does harm lower income households more as I pointed out though nominal wage gains for lower income households is outpacing inflation But you want to recognize that inflation is disproportionately impacts households in the U.S. And so at the margin because you make a very good point what can the fed do about pandemic related prices They really can't But they can dampen inflation expectations dampen household demand for domestic services domestically produced prices And in that way they can kind of control inflation I think they're looking at longer term inflation expectations And yeah they're still in the realm of being anchored but as we saw from the minutes from the November meeting And this is very sort of fed speak They looked less well anchored And inflation expectations can go parabolic They can really change on you quickly And these are folks that have lived through the 70s as I have and remember how scary that can be So I think putting the focus on inflation is right at this time And then let the data come in and show that inflation is slowly We think that it will show that February March next year as we're getting data that shows that these pipeline inflationary pressures are easing because we're getting more supply So we're saying Omar Khan's a risk right now but it may not be worse than delta Of course deltas hit on the economy was

FED U.S. Omar Khan
Senate Approves Spending Bill Averting Government Shutdown

Bloomberg Daybreak

01:17 min | 17 hrs ago

Senate Approves Spending Bill Averting Government Shutdown

"Karen thank you very much The Senate last night passed to stop gap spending bill to avert a U.S. government shutdown sending the measure to president Joe Biden for his signature the bipartisan vote was 69 28 A judge has ordered 9 lawyers allied with former president Donald Trump to pay Detroit and Michigan to total of $175,000 in sanctions for abusing the court system with a sham lawsuit challenging the 2020 election results Among the sanctioned lawyers were Sydney Powell and Lin wood The number of children with autism is rising according to a new report from the CDC according to the data in children age 8 one out of 44 has the condition In the NBA the next lost in the NHL the islanders lost in OT to the sharks to one the Devils lost the bruins one There is the night football the cowboys beat the saints 27 17 Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts and more than a 120 countries I'm Michael Barr This is Bloomberg The following commentary is from Bloomberg opinion Democrats shouldn't suspend the gas tax I'm Carl Smith a columnist for Bloomberg opinion Some

President Joe Biden Sydney Powell Lin Wood U.S. Government Donald Trump Karen Senate Detroit Michigan CDC Autism Islanders Bloomberg NHL OT Bruins NBA Sharks Devils
Quarles Says Fed Will Need to Raise Rates to Cool Inflation

Morning Edition

01:12 min | 18 hrs ago

Quarles Says Fed Will Need to Raise Rates to Cool Inflation

"The sidelines longer If so the fed chairman warns that could just add to the supply chain bottlenecks that have already helped push inflation to its highest level in more than three decades How worried is the Central Bank about inflation Yeah pal has colleagues are starting to sound a little bit more worried Many observers think the Central Bank will raise interest rates earlier next year than had been expected in an effort to keep a lid on rising prices up until now the fed has been willing to tolerate somewhat higher inflation in hopes of fostering stronger job gains But as the recovery drags on pal is starting to rethink that balancing act To get back to the kind of great labor market we had before the pandemic we're going to need a long expansion to get that we're going to need price stability In a sense the risk of persistent high inflation is also a major risk to getting back to such a labor market In other words Paul is suggesting there doesn't have to be a tradeoff between the feds two goals maximum employment and stable prices Maybe you need to have stable prices if you want to get back to maximum employment That's interesting And Pierre Scott horsley thank you Scott You're welcome

Central Bank FED Paul Pierre Scott Horsley Scott
Biden says he doesn't want lockdowns and won't expand vaccine mandates to fight Covid this winter

WTOP 24 Hour News

00:33 sec | 18 hrs ago

Biden says he doesn't want lockdowns and won't expand vaccine mandates to fight Covid this winter

"Getting it Correspondent we ja Jiang President Biden is stressing that he does not believe shutdowns or lockdowns are necessary right now He was Frank though about the potentially dark winter ahead which health officials warn will include a surge in cases and deaths At least 5 people in the New York City area have been infected A school official in Oxford Michigan is defending claims this week's attack that left four students dead could have been prevented The 15 year old suspect and his parents had been called in for a meeting hours before the shooting

Ja Jiang President Biden Frank New York City Oxford Michigan
Layoffs around the U.S. fall to lowest level since 1993

Jim Bohannon

00:29 sec | 19 hrs ago

Layoffs around the U.S. fall to lowest level since 1993

"Report from challenger gray and Christmas found that layoffs are at their lowest level since 1993 The organization of petroleum exporting countries OPEC announced that its members will increase oil production starting in January The U.S. has been pressuring OPEC members to speed up their production hikes to help bring down prices And the grocery chain Kroger says sales rose last quarter thanks to people cooking at home Kroger says it's paying more for the food it stocks and that it'll have to pass some of those

Opec Kroger U.S.
November 2021 Jobs Report Is Expected to Show Another Healthy Gain

WTOP 24 Hour News

00:37 sec | 20 hrs ago

November 2021 Jobs Report Is Expected to Show Another Healthy Gain

"Is a Bloomberg money minute Today is jobs day The government this morning will release its November employment report with a gain of 550,000 jobs expected The unemployment rate is forecast to tick lower to four and a half percent Data released yesterday showed continued strength as first time jobless claims showed a smaller than expected increase last week The employment report will likely set the tone for Wall Street today after stocks posted their best gain since October yesterday All of the major averages were higher with the Dow leading the events The wedding is off Sportsman's warehouse has

Bloomberg
Elon Musk's Tesla Share-Selling Spree Tops $10 Billion

Bloomberg Daybreak Europe

01:02 min | 23 hrs ago

Elon Musk's Tesla Share-Selling Spree Tops $10 Billion

"Companies including Qualcomm Intel and Advanced Micro Devices sell chips that compete directly with products from Nvidia In New York Charlie pellets Bloomberg daybreak Europe And a more company news Elon Musk has sold another $1 billion of Tesla shares advancing towards the goal of selling 10% of his sake in the company Musk offloaded about 934,000 shares that takes his total shares sold to 10.1 million for about $10.9 billion since the 6th of November And I mentioned it's job stay in the U.S. where Bloomberg intelligence expects a strong report to reinforce the fed's hawkish turn Bloomberg's Michael McKee has our jobs report preview With fed officials all but announcing they will speed up their QE tapering this month the November jobs report is more of a checklist item for the Central Bank As long as the number of jobs restored is over four to 500,000 and unemployment falls the fed will look past the data They're beginning to pay more attention to rising prices In

Advanced Micro Devices Elon Musk Qualcomm Nvidia Michael Mckee Intel Tesla Musk Charlie FED Europe New York Bloomberg U.S. Central Bank
Dow ends up over 600 points as stocks bounce back from previous day's selloff

News, Traffic and Weather

00:59 min | 1 d ago

Dow ends up over 600 points as stocks bounce back from previous day's selloff

"Insurance Stocks powered higher today recouping some of what was lost to me that two day slide the Dow Jones industrials rebounded 617 points The S&P 500 row 64 and the NASDAQ composite added one 27 Sectors doing particularly well included travel casino and energy stocks Delta Air Lines jumped 9.3% American air rallied 7% Norwegian cruise and MGM Resorts both leaped 7.7% and Chevron and ExxonMobil gained about two and a half percent each Boeing was a high flyer the aircraft maker shares jumped 7 and a half percent following word China's aviation boss cleared the 7 37 max to return to flying there After the close Ulta Beauty reported better than expected quarterly results and raised its outlook for the full year The cosmetics retailer posted a per share profit of 3.94 on sales of $2 billion U.S. oil futures rose today January crude moved up 93 cents or 1.4% settling at 66 and a half dollars a barrel That's your money now

Energy Stocks Delta Air Lines Mgm Resorts Ulta Beauty Exxonmobil Chevron Boeing China U.S.
Here's what you need to know about the MLB lockout

WTOP 24 Hour News

01:07 min | 1 d ago

Here's what you need to know about the MLB lockout

"Unable to knock out a new collective bargaining agreement Major League Baseball team owners have locked out players MLB commissioner rob Manfred says the union's proposals would damage small market teams I think we're in a process I'm prepared to continue that process And I'm optimistic that we're going to get a deal MLB Players Association director Tony Clark The proposals that were made were taking something away on the back end And so it made it remarkably difficult When you dig into the details to have the type of substantive conversation that you were interested in having since day one The Ohio sheriff's deputy who shot Casey goodson junior in the back 5 times has been charged with murder The December 2020 shooting of goodson who was black by longtime deputy Jason mead who was white led to protests in Columbus to Hamilton as goodson's mother We are fully aware that this is only the beginning of the fight This was the first part of the fight The ultimate fight is the conviction and I want a life sentence With a few words from President Biden and the flip of a switch the holidays hit the nation's capital Three

Rob Manfred Mlb Players Association Baseball Tony Clark Casey Goodson Major League Goodson Jason Mead Ohio Columbus Hamilton President Biden
Didi to Delist From U.S., Seek Shift to Hong Kong

Bloomberg Daybreak Asia

00:32 sec | 1 d ago

Didi to Delist From U.S., Seek Shift to Hong Kong

"Didi has begun preparations to de list in the United States and will start work on a Hong Kong share sale the company announcing on its Weibo account Chinese regulators had asked Dede's top executives to devise a plan to de list from U.S. forces that was reported by Bloomberg last week We'll have more on market action shortly the Hong Kong and China open coming up This is Bloomberg This is a bloom 15 minutes could save you 15% or more Wait a minute I've heard that before That's the no Jeremy wrote to me in my yearbook

Didi Weibo Hong Kong United States Dede Bloomberg China Jeremy
Covid omicron variant expected to hit New York in 'coming days,' NY health commissioner says

Bloomberg Daybreak Asia

00:50 sec | 1 d ago

Covid omicron variant expected to hit New York in 'coming days,' NY health commissioner says

"Well New York is reporting some new omicron cases at Baxter has the story from the Bloomberg 9 60 newsroom in San Francisco head Yeah that's right by 5 new cases four in the city one on Long Island joining us live is a Bloomberg health reporter Jason Gail Jason thank you so much Now on the Long Island appears to be only that one appears to be connected with South Africa We don't want to jump ahead of the game but this would make some sense at the four in the city are a community spread or would it Well mer to Blasio has already said that it wouldn't be surprising to see community transmission within New York City We saw case in Minnesota that was tied to travel to conference in New York City So it does appear that there could be cases in the community in New York City

Jason Gail Jason Long Island Baxter Bloomberg Blasio San Francisco New York South Africa New York City Minnesota
Congress votes to keep government open through mid-February

CNBC's Fast Money

00:54 sec | 1 d ago

Congress votes to keep government open through mid-February

"With moral law. O'Brien, the house now has the votes it needs the passive bill that would fund the government through February the 18th. The vote so far has been largely along party lines, only one Republican voting with Democrats in favor once this bill clears the house. It'll head over to the Senate where the timing of the final vote is uncertain. Lawmakers have until midnight tomorrow to avoid a government shutdown, but a handful of conservative Republicans are threatening to draw this process out into the weekend as a way of protesting the president's vaccine mandates. Now leadership from both parties say they do not want this to happen and that they are confident this bill will eventually pass the Senate. They're just not sure exactly when, but Brian, the first step now is for the House to pass this bill and it now looks like they have the votes to do it. Back over to you. Oh, funding a government for another one. Two and three quarters months.

Brien Senate Government Brian House
Cramer says stocks are 'still badly oversold' even after Wall Street's big rally

Sound ON

00:25 sec | 1 d ago

Cramer says stocks are 'still badly oversold' even after Wall Street's big rally

"To Charlie Thank you very much Joe Matthew big day for Wall Street big day for stocks with the S&P up 64 points today of 1.4% dip buyers resurfaced in a dizzying week for stocks We have the Dow up today by 617 points up 1.8% Again the S&P rally today by 1.4% Ten 1230 seconds ten year yield 1.44% spot cold 1768 the ounce

Joe Matthew Charlie S
FTC Challenges Nvidia's Deal for Arm Holdings

Bloomberg Businessweek

00:41 sec | 1 d ago

FTC Challenges Nvidia's Deal for Arm Holdings

"Not so fast The Federal Trade Commission going to court to block Nvidia's plan takeover of arm limited The agency says the deal would give Nvidia control over the technology and designs that rival firms rely on to develop competing chips Many ExxonMobil employees working in the U.S. won't be happy with their paychecks next year The company says workers will see below inflation raises despite a strong rebound in earnings in the last year United Airlines cutting staffing at its Chicago headquarters at plans to move its network operations center and its 900 employees from the Willis Tower in downtown Chicago to a suburban location next year

Nvidia Federal Trade Commission Exxonmobil United Airlines U.S. Chicago Willis Tower
 Starbucks fights expanding unionization effort at its stores

WTOP 24 Hour News

00:52 sec | 1 d ago

Starbucks fights expanding unionization effort at its stores

"Now Another showdown over unionization with a major corporation a showdown brewing in Buffalo has led to robust debate as Starbucks fights an effort to unionize several buffalo area stores In spite of everything that the corporation has done over the last three months to try and destroy this union campaign we are still completely confident that come next Thursday we will have the first unionized Starbucks out of almost 9000 in the United States The Starbucks union voted buffalo will likely spill over to locations they should watch CBS News CBS is Holly Williams says Meghan Markle is one of the latest stage in her suing a newspaper publisher in London In a written statement following the ruling she said quote from day one I have treated this lawsuit as an important measure of right versus wrong She went on to say quote in the nearly three years since this began

Starbucks Buffalo Holly Williams Meghan Markle CBS United States London
Second U.S. omicron Covid case reported, in Minnesota resident who had traveled to New York City

WTOP 24 Hour News

00:44 sec | 1 d ago

Second U.S. omicron Covid case reported, in Minnesota resident who had traveled to New York City

"News special report I'm at piper Meantime a second case of the omicron variant of coronavirus has been found in the U.S. this time in Minnesota state health officials there confirm a resident who recently returned from New York City at tested positive for the variant The man was fully vaccinated he has since recovered The first omicron case was confirmed in California yesterday in a person who had recently returned to San Francisco from a trip to South Africa where the variant has first been reported The UN's World Health Organization says oh Macron has been confirmed in at least 23 countries Also breaking this afternoon the prince George's county health department says 70 kids 5 to 11 years old received expired doses of Pfizer's COVID vaccine

Piper Minnesota Macron New York City U.S. California San Francisco World Health Organization South Africa Prince George's County Health UN Pfizer
 US long-term mortgage rates relatively flat this week

The Dan Bongino Show

00:37 sec | 1 d ago

US long-term mortgage rates relatively flat this week

"They pump to the world The average interest rate for long-term mortgages in the U.S. remain flat this week Freddie Mac reports at the average rate on the benchmark 30 year fixed rate home loan ticked up slightly to 3.11% The number of Americans applying for unemployment benefits rose last week jobless claims climbed by 28,000 Now Wall Street is rebounding today So here's some good news At one point the Dow is above 600 It's a 583 points NASDAQ sub 66 and the S&P is up 60 points Get your news on the hour the half and one it breaks Continuous coverage at WLA same dot com I'm Lauren cone 8 90

Freddie Mac U.S. S Lauren Cone
OPEC+ sticks to modest boost in oil output despite omicron

AP News Radio

00:49 sec | 1 d ago

OPEC+ sticks to modest boost in oil output despite omicron

"OPEC OPEC and and the the oil oil producing producing allies allies have have decided decided to to maintain maintain the the amount amount of of oil oil they they pump pump to to the the world world I'm I'm Ben Ben Thomas Thomas with with the the latest latest OPEC OPEC and and allies allies led led by by Russia Russia are are sticking sticking with with the the pattern pattern of of steady steady modest modest monthly monthly increases increases in in awhile awhile releases releases an an increase increase in in production production of of four four hundred hundred thousand thousand barrels barrels per per day day for for the the month month of of January January the the pace pace has has frustrated frustrated the the US US and and other other oil oil consuming consuming nations nations amid amid rising rising gasoline gasoline prices prices the the decision decision comes comes despite despite pressure pressure uncertainty uncertainty of of the the global global economic economic recovery recovery with with the the emergence emergence of of the the Omicron Omicron variant variant of of the the corona corona virus virus Rystad Rystad energy energy projects projects if if Omicron Omicron triggers triggers new new lockdowns lockdowns demand demand could could drop drop by by nearly nearly three three million million barrels barrels per per day day early early next next year year crude crude oil oil prices prices fell fell with with news news of of the the variant variant and and then then again again on on the the OPEC OPEC plus plus decision decision not not to to curtail curtail production production I'm I'm Ben Ben Thomas Thomas

Opec Ben Ben Thomas Thomas Russia United States
Fed's Bostic Wants to Accelerate Pace of Bond Buying Taper

Balance of Power

01:21 min | 1 d ago

Fed's Bostic Wants to Accelerate Pace of Bond Buying Taper

"This week has been inflation and what the fed response is likely to be should the fed be accelerating its timetable for tapering its bond buying Well Cleveland fed president Loretta master way down this very subject just yesterday with daybreak Asia And this is what she had to say about the taper timetable Going into the September meeting I thought there was a strong case for tapering at a faster pace than what we had actually announced And since that time of the day they have come in supportive of that case So I'm very open to considering a faster pace of tapering Quick follow on being open to the taper Many economists suggest that the fed should double the size of the taper So it can wrap it up by March instead of June Would you be in favor of this Well we're gonna stuff that I'm sure what the appropriate pace is But any of the purchases in the first quarter or maybe early in the second quarter right now I would support that Given what we know about the economy Well no one two weeks more about own work on And then we can talk about what they appropriate paces But right now I would support that How close are you What do you need to see then I mean are you like well I just need a little confirmation to make sure I'm making the right decision Is there something you're really doubtful about making the case and actually say yes go ahead to do that speeding up taper No

FED Loretta Master Cleveland Asia
 US jobless claims rise by 28,000, but still low at 222,000

Stephanie Miller

01:19 min | 1 d ago

US jobless claims rise by 28,000, but still low at 222,000

"The president will outline his plan this afternoon Unemployment claims increased last week Here's the AP's Ben Thomas The Labor Department reports jobless claims climbed by 28,000 to 222,000 but that was up from a 52 year low the week before The four week average continues to drop it fell below 239,000 a pandemic low Overall 2 million Americans were receiving traditional jobless benefits the week that ended November 20th That was the week before Thanksgiving The numbers reflect an ongoing rebound in the job market after last year's coronavirus recession caused employers to cut more than 22 million jobs Still the U.S. remains 4 million jobs short of February 2020 Ben Thomas Washington OPEC and its allied oil producing countries decide to maintain the plan for modest monthly oil production increases apace its frustrated the U.S. and other oil consuming nations amid rising gasoline prices The Dow is up more than 400 points in late morning trading S&P has gained 34 at Aztec is off a fraction The Biden administration under a federal court order as reinstating the Trump administration's remain in Mexico policy for asylum seekers after striking a deal with Mexico The White House resumed the program affecting some 70,000 people

Ben Thomas Labor Department Ben Thomas Washington AP Opec U.S. Biden Administration Trump Administration Mexico White House
Five Publishers Sue Shopify Over 'Textbook Pirates'

WTOP 24 Hour News

00:33 sec | 1 d ago

Five Publishers Sue Shopify Over 'Textbook Pirates'

"A Bloomberg money minute 5 textbook publishers are suing Shopify over what they say are unauthorized sales of their books and other materials Shopify sell services that enable sellers to put up websites except payments and ship orders the publishers call it an enabler to a world of digital textbook pirates The former temp worker at Google fired after just 9 days for being ungulate has filed the labor complaint against the company Tuesday Carney complained during a meeting about holiday pay for taps Stanley

Shopify Google Carney Stanley
 Stocks open mostly higher, but Apple loss weighs on tech

Bloomberg Daybreak Europe

00:59 sec | 1 d ago

Stocks open mostly higher, but Apple loss weighs on tech

"Significantly actually this morning though the futures are looking higher for the S&P 500 for the NASDAQ and for the Dow Jones up half of 1% European stocks though are in the red so playing catch up perhaps with what happened overnight We're down by a full one percentage point for European stocks as extra Dax a little more than that It was also a fairly mixed picture in the Asian session so you had declines in Japan but then some gains on the hang sang and for some parts of the Chinese markets seaside 200 in particular Okay so power sort of repeated the same message the vigilance around inflation needed A U.S. illustrated one 44 so up by three and a half basis points European yields are actually softly weakening a little bit negative 34 basis points for Germany yards right now We've been keeping an eye on the Turkish lira which is down 1.6% now against the Euro It's been a hugely tumultuous month really for the lira The brink dollar spot index is softer a tenth of 1% and we look ahead to the OPEC plus decision on

Dow Jones S Japan U.S. Germany Opec
OPEC, Russia Agree to Keep Boosting Oil Output, Jolting Prices

Bloomberg Daybreak Europe

00:30 sec | 1 d ago

OPEC, Russia Agree to Keep Boosting Oil Output, Jolting Prices

"Energy reporter about the outlook for energy markets at OPEC actually as OPEC plus wraps up its meeting on oil production Will they decide to dial back the increases in production that they previously planned because we've seen prices fall on fears of the omicron variants actually in a bear market in oil prices now which is quite incredible when you consider the ramp up in oil that we've seen the recovery in oil prices from those exceptional 2020 lows we'll get more on the energy markets in our next conversation

Opec