36 Burst results for "Jason Brooks"

Dow ends down over 800 points as tech selloff drags down market

Sports Talk with Bobby Hebert and Kristian Garic

00:53 sec | 2 weeks ago

Dow ends down over 800 points as tech selloff drags down market

"M. P has had its worst day since June. It ends the day down. 3.5%, the Dow lost 807 points. NASDAQ Down 600 CBS News Business reporter Jason Brooks says the technology sector gave back some of its huge gains from this summer, dragging the rest of the market down to Inverness Council chief investment strategist Tim Ghriskey, says investors or grabbing profits from the tech rally. It's not a disaster at all for anyone who's been in this market for quite some time. It was going to happen at Some point. There's no fundamental reason for it. The selloff comes a day after the Dow closed above 29,000 for the first time since February, and the NASDAQ closed above 12,000. For the first time in terms of tech, Apple dropped 6%. Amazon lost 4.3%. Also today, the government reported the number of Americans who applied for unemployment benefits fell last week to

Inverness Council Jason Brooks Tim Ghriskey Amazon CBS Reporter Apple M. P
Fresh update on "jason brooks" discussed on KCBS Radio Afternoon News

KCBS Radio Afternoon News

00:0-5 min | 14 hrs ago

Fresh update on "jason brooks" discussed on KCBS Radio Afternoon News

"On We go to the money Watch a down day for stocks. Here's Jason Brooks. Federal Reserve presidents are sharing their thoughts on the economy following a meeting this week in which the central bank said it would likely keep its benchmark interest rate near zero through 2023. ST. Louis Fed President James Bullard is optimistic that the economy will bounce back from the pandemic, saying that 100% of GDP can be produced safely with enough innovation. Speaking during a virtual conference hosted by Washington University in ST Louis Bullard said. That will require keeping rates low for several years in order to allow the economy to fully recover from the crisis. Consumer sentiment perked up in September. The University of Michigan survey rose several points from August, hitting its highest level since March. The presidential election was the focus in the September survey. Of the University of Michigan, traditionally asking consumers which candidate they think will win, not who they intend to vote for, and the data from July to September shows a virtual tie. Wall Street was down on heavy text selling the Dow dropping 244 points, the NASDAQ Down 117 points and the S and P lower by 37 points on the money Watch Jason Brooks KCBS Hi, Lucy from Texas here, with more of our time spent at home it was inevitable that our dishwasher stopped working. Luckily, I'm a member of American home. Shield. I went online to request service and then a qualified local contractor came out to fix the problem. It didn't matter that my dishwasher was over 10 years old because American home Shield covers parts of up to 21,.

Jason Brooks University Of Michigan James Bullard St. Louis Federal Reserve Washington University President Trump Texas Lucy
Zoom's earnings soared nearly 3300% in second quarter

KCBS Radio Midday News

00:43 sec | 2 weeks ago

Zoom's earnings soared nearly 3300% in second quarter

"The money watchers. Jason Brooks Margie Zoom wild the street with its second quarter earnings report. San Jose company knocked it out of the park on a 355% revenue gayness became one of the most popular video streaming options for Americans working at learning from home. With those trends not going away. Zoom also hiked its forecast to Wall Street's delight. And the stock is going for a big ride. A Bank of America. Analysts note describes the results as unprecedented times continuing to lead to unprecedented results. The note says. Zoom is both a vaccine and vitamin As covert 19 has permanently shift in the world to a hybrid work environment and clearly elevated the awareness of cloud communications and videoconferencing and zoom stock. Up by

Jason Brooks San Jose Bank Of America
Zoom Stock Skyrockets Over 40% After Blowout Quarter

KCBS Radio Midday News

00:19 sec | 2 weeks ago

Zoom Stock Skyrockets Over 40% After Blowout Quarter

"Of the stock market after a blockbuster second quarter earnings report really, no surprise with everybody working and learning from home in a lot of them using zoom shares it zoom up by 40%. Chow's up by 83 points. NASDAQ Gaining 145 points has to pee higher by 15 points on the money Watch Jason Brooks

Jason Brooks Chow
MGM to cut 18,000 workers who were previously furloughed

WBZ Afternoon News

00:47 sec | 3 weeks ago

MGM to cut 18,000 workers who were previously furloughed

"Now, 1000 MGM Springfield workers are among those being told they're not being able to come back to work. Here's more from CBS's Jason Brooks. MGM Resorts announced its going to permanently cut 18,000 workers who were furloughed earlier in the year. With CEO Bill Hornbuckle, saying in the separation letter to the affected employees that MGM is working around the clock to try and find ways to grow the business and welcome back more of their colleagues, the casino business has felt the pain of the pandemic. Like the rest of the travel and entertainment industries, with MGM Empire City remaining closed in New York, as well as its park MGM Casino in Las Vegas. In a letter to employees seen by US here, W B C NEWS radio MGM Springfield President Chris Kelly says those workers being separated from the company will remain on its recall

MGM Mgm Resorts Mgm Casino Mgm Empire City Springfield Bill Hornbuckle Jason Brooks Las Vegas Chris Kelly CBS CEO New York President Trump
Apple App Store will remain Fortnite-free, for now

KCBS Radio Afternoon News

00:57 sec | 3 weeks ago

Apple App Store will remain Fortnite-free, for now

"Fortnight maker epic games. A judge ruled that epic cannot get a fortnight back into the APP store. However, the judge also ordered Apple do not block the development and distribution of unreal engine. Which is the technology behind fortnight and many other games. Apple booted the popular game from the APP store after Epic games, trying to get around the APP store's 30% Commission by allowing players to make direct in game purchases. Google has also removed fortnight from the Google play Store, and that comes after epic brought fortnight back to Google earlier this year after pulling the game for the place store in 2018 in opposition to Google's 30% cut Apple stock was down about 1% today, snapping a five session winning streak and that weighed on the market with the Dow losing 60 points. However, the NASDAQ and S A P Each finished at fresh all time highs. The NASDAQ on a gain of 86 points, and the S and P up, 12 points on the money. Watch Jason Brooks KCBS What You want to dot all

Google Apple Jason Brooks
Appeals court gives reprieve to Uber, Lyft in California

Newsradio 950 WWJ 24 Hour News

00:42 sec | Last month

Appeals court gives reprieve to Uber, Lyft in California

"Lift Have avoided a midnight shutdown lift and uber have gotten some extra breathing room in California. That appeals court has granted a stay of an injunction allowing the two San Francisco firms to continue operations in California without having to classify their drivers as employees instead of independent contractors lift earlier in the day said it would suspend its operations in California at midnight. When the injunction was supposed to take effect the company's heir fighting the move on the basis, it will hit them with higher costs if they have to provide employee benefits. California voters will have a say on the matter in November, with prop 22 asking if ride share drivers should remain classified as independent contractors. Jason Brooks CBS News

California Jason Brooks San Francisco CBS
"jason brooks" Discussed on KCBS All News

KCBS All News

01:39 min | Last month

"jason brooks" Discussed on KCBS All News

"Right now. Jason Brooks with us as we have to Ke CBS MoneyWatch News. Good morning, Jason. Good morning stand looks like Wall Street just might race out of the gates in the early going the market looking to move higher after it took a sudden turn into negative territory late in Tuesday's session, Tech stocks were a big drag shares an apple and test each falling by 3%. Tesla's stock today, however, bouncing bag bigtime after the company's board of directors approved a five for one stock split following apples for for one split announced two weeks ago. Apple also moving higher in pre market trading. But Tesla's Is up by 7%. Modernity is the latest biotech to reach a deal to sell its covert 19 vaccine candidate to the U. S government. The $1.5 billion agreement calls for the purchase of 100 million doses with an option for another 400 million doses, and there are incentives for modern it to deliver the vaccine on time, Moderna and the National Institute of Allergy and Infectious Diseases Are conducting a phase three trial for the potential vaccine, which will test the safety and efficacy of the drug with a March larger volunteer group. The US government has also agreed to advance purchases of vaccine candidates from AstraZeneca, GlaxoSmithKline, Johnson and Johnson, advisor and Senna feet Novavax and shares in Moderna right now surging higher by more than 10%. And we find the Dow right now moving up by about 290 points in pre market trading. NASDAQ looking to bounce back after a Rough day yesterday, it's up by 66 points before the Open and S and P futures are moving higher by 25 points on the money Watch Jason Brooks KCBS Big Mac Chicken.

Jason Brooks apple Moderna Tesla National Institute of Allergy Ke CBS Johnson Dow US AstraZeneca GlaxoSmithKline Senna advisor U. S
"jason brooks" Discussed on KCBS All News

KCBS All News

01:41 min | Last month

"jason brooks" Discussed on KCBS All News

"Right now. Jason Brooks with our money watch updates s amore dismal accounting on the economy this morning, Jason. Pretty ugly stand. The US economy suffered a record drop in economic activity in the second quarter, The Commerce Department reports that second quarter GDP plummeted nearly 33%. As the pandemic slammed the economy. By comparison. During the financial crisis, the biggest drop was 8.4%. In the fourth quarter of 2008 Millions of Americans suddenly found themselves out of work, and that resulted in more than 34% plunge in consumer spending, and that makes up 2/3 of the U. S economy. Business spending fell about 30%. While a key inflation indicator fell almost 2% in the quarter. The third quarter will show a big improvement as the economy started reopening and unemployed Americans received weekly $600 checks under the cares act, which expires this Friday, with Congress working on an extension, But that rebound has been dented in recent weeks by the surgeon covert cases around the country. And unemployment numbers are once again swelling. The Labor Department says Initial jobless claims rose for the second straight week of 12,000 from the prior week to more than 1.4 million, while continuing claims also jumped higher after weeks of declines, now topping 17 million it's dragging on the stock market before the opening bell. Our futures down 315 points. NASDAQ Down 122 points before the Open. SNP futures are falling by 36 points on the money Watch Jason Brooks KCB not having identity theft protection is like fumbling around in the dark present light switch. How even if you monitor your credit bank statements, you could be blind to other identity.

Jason Brooks KCB Jason Brooks Jason Commerce Department US Labor Department Congress
"jason brooks" Discussed on KCBS All News

KCBS All News

01:30 min | Last month

"jason brooks" Discussed on KCBS All News

"Jason Brooks is here right now, as Wall Street lumbers through the day, Jason Stand, 2020 has been an eye popper for Tesla's stock and one for Wall Street. For one Wall Street analyst that run can't last forever. The Bernstein client. No calls. Tesla's current valuation mind boggling now matching Toyota and Volkswagen combined and is up nearly 500% in less than a year, unprecedented for a large cap stock outside of the tech bubble. Tony second. Auggie goes on to say that, despite Bernsteins relatively bullish stance on electric vehicle solution and structural advantages that Tesla may hold, the firm finds it difficult to justify the current valuation. Under its most bullish and imaginative scenarios, Bernstein is cutting Tesla's stock rating to underperform from market perform. And that initially sent Tesla's stock into the red. But now Tesla is moving hired stock is up by about 1/2 percent. That's helping the overall market cut into its earlier losses. The Dow lower by just under 80 points Now, NASDAQ, dropping 37 points and the S and P is down by one point of corporate earnings dragging on the market today. In particular three M. McDonalds and Harley Davidson. The Fed also starting its two day meeting that announcing at the onset of the meeting that it will extend all of its various lending programs through December 30 1st Those programs had been scheduled to expire on September 30th. On the money Watch Jason Brooks KCBS. Let's say You just bought a house. Bad.

Tesla Jason Brooks Jason Stand Bernstein analyst Tony second Auggie Fed Toyota Volkswagen M. McDonalds Harley Davidson
First re-certification test for troubled Boeing 737 MAX takes flight over Seattle

The Mungenast St. Louis Honda Sports Open Line

00:55 sec | 2 months ago

First re-certification test for troubled Boeing 737 MAX takes flight over Seattle

"Marks the start of an important week for Boeing with first of a series of test flights to re certify its troubled 7 37 max Jets more from CBS's Jason Brooks. The FAA says it will start testing Boeing's grounded 7 37 Max, with the re certification process, taking several days, including pilots and test crew members from the F A, A and boing And involving a wide array of flight maneuvers and emergency procedures. The FAA also says that getting to the steppe does not mean the FAA has completed its compliance, evaluation or other work associated with return to service. Test flights began. His Boeing got bad news from the large customer overseas. Norwegian air shuttle has canceled its orders for 92 Max jets and five Dreamliners carriers also suing Boeing for disruptions. When the max jets were grounded last year, Norwegian air shuttle was already in financial trouble when the pandemic hit seven

Boeing FAA Jason Brooks CBS Dreamliners
IMF slashes world growth outlook for 2020 and sees sluggish turnaround next year

Jim Bohannon

00:36 sec | 3 months ago

IMF slashes world growth outlook for 2020 and sees sluggish turnaround next year

"Prediction from the IMF CBS's Jason Brooks the IMF is cutting its twenty twenty global GDP forecast to minus four point nine percent nearly two percentage points lower than its prior forecast when the pandemic shut down the U. S. economy in March in the statement the agency says the pandemic has had a more negative impact on activity in the first half of twenty twenty than anticipated and the recovery is projected to be more gradual than previously forecast the IMF predicted U. S. GDP three negative eight percent and twenty twenty and then rebound on a four point five percent gain in twenty twenty one

IMF CBS Jason Brooks
"jason brooks" Discussed on KCBS All News

KCBS All News

02:22 min | 3 months ago

"jason brooks" Discussed on KCBS All News

"There everybody knows it and it said when you look at it and you see to see it for yourself and certainly I know when I don't win we need to go on and do other things I think would be a very sad thing for our country turning to the ongoing corona virus pandemic which has claimed close to one hundred fifteen thousand American lives vice president pence talked about it with CBS news radio but we're seeing some new case numbers in states around the country our task force is monitoring it very closely but much of that as a result of the extraordinary expansion of testing but is it North Carolina has seen its biggest spike in daily coronavirus cases since the pandemic started and governor Roy Cooper says the high number of new cases is not just related to more testing these numbers show the disease is spreading and that more people need hospital care and this has to be taken seriously he blames the high number of new cases in North Carolina on the growing number of people out and about checking the somewhat upbeat and of the worst Wall Street week in months Wall Street flew out of the gates following Thursday's big selloff with the Dow surging higher by more than eight hundred points in the early going but with volatility remaining high stocks went for a roller coaster ride dipping into negative territory and then bouncing back and forth with airline stocks leading the rally CBS's Jason Brooks this is CBS news according home insurance just got easier with progressives home quote explorer quote and by all online at progressive dot com it's eleven oh three at the bay area's news station KCBS a few clouds Saturday morning near the coast along the bay giving way to sunny skies throughout the bay area Saturday afternoon good evening I'm Peter finch here's what's happening the N. double ACP youth council held a rally on the steps of San Francisco city hall later today later today earlier today as KCBS is Meghan Goldsby reports the message from the young leaders keep on keepin on recent changes are good especially says Quincy promises from San Francisco city officials for real change when it comes to policing but he says they need to keep fighting and keep holding rallies like this one and really.

pence North Carolina Roy Cooper CBS Peter finch Meghan Goldsby Quincy vice president Jason Brooks KCBS ACP San Francisco
Starbucks allowing workers to wear Black Lives Matter attire

KNX Midday News with Brian Ping

00:31 sec | 3 months ago

Starbucks allowing workers to wear Black Lives Matter attire

"Country Starbucks reversing course on its employees being able to wear clothes supporting the black lives matter movement CBS's Jason Brooks Starbucks was slammed with criticism and boycott threats on social media after buzzfeed reported that the Seattle based coffee chain would not allow its workers to wear black lives matter attire and accessories in its cafes CNBC reports that Starbucks will now make two hundred fifty thousand shirts with a design including black lives matter and no justice no peace available for workers and its company owned

CBS Buzzfeed Cnbc Starbucks Jason Brooks Starbucks Seattle
Starbucks says it lost $3 billion in revenue in latest quarter due to coronavirus pandemic

Michael Wallace and Steve Scott

00:34 sec | 3 months ago

Starbucks says it lost $3 billion in revenue in latest quarter due to coronavirus pandemic

"Starbucks is struggling to get its business back to pre pandemic levels more from CBS news business reporter Jason Brooks Starbucks says it will lose three billion dollars in revenue in the current quarter as same store sales in the west plummeted forty three percent in may even though ninety one percent of its U. S. stores for open although with covert nineteen restrictions sales in China fell a softer twenty one percent as that country's economy started re opening earlier than in the U. S. Starbucks has seen a huge surge in mobile ordering and it's considering changes to its physical locations in a reflection of that

Starbucks Jason Brooks Starbucks China CBS Reporter
Starbucks takes $3 billion hit to revenue during pandemic

KRLD News, Weather and Traffic

00:35 sec | 3 months ago

Starbucks takes $3 billion hit to revenue during pandemic

"Is struggling to get its business back to pre pandemic levels CBS news business reporter Jason Brooks Starbucks says it will lose three billion dollars in revenue in the current quarter as same store sales in the west plummeted forty three percent in may even though ninety one percent of its U. S. stores were open although with covert nineteen restrictions sales in China fell a softer twenty one percent as that country's economy started reopening earlier than in the U. S. Starbucks has seen a huge surge in mobile ordering and it's considering changes to its physical locations in a reflection of that

Jason Brooks Starbucks China Starbucks CBS Reporter
"jason brooks" Discussed on KCBS All News

KCBS All News

01:45 min | 4 months ago

"jason brooks" Discussed on KCBS All News

"KCBS Jason Brooks on the money watch big job cuts coming to chevron CBS news time let's check in with Kevin rather it should get some sports news can't even telling us about this possible idea of changing the onside kick will I guess it's not going to happen now not gonna happen now the NFL owners if table that change it would have offered a fourth and fifteen players in option two the onside kick the competition committee felt the fourth and fifteen play was too gimmicky ESPN's Mike Tannenbaum former GM of the jets disagrees this is a great role everybody around the league in terms of like fan support allow the coaches they like this rule because if you're down two scores in your score you still have a chance and what would we rather see Alan Rogers have the ball in his hands what is fourteen fifteen and so some kicker who's trying to have a ricochet played high word but the owners will stick with the onside kick for now anyway the end of sale did extend their deal with EA sports through twenty twenty six so the Madden game remains the official video game of the NFL of course organizers canceled the Boston Marathon entered into one hundred and twenty fear of four year run and the pre merely to soccer league plans to restart June seventeenth without fancy eerie audio Tallien league will begin June twentieth and in case you missed it the city of San Francisco unveiled their next phase of re opening including allowing pro sporting events without fans beginning June fifteenth the warriors hope to get approval from county health officials to open up their practice facility in the coming days at the sports desk Kevin ravage KCBS is your.

Jason Brooks Kevin ESPN GM jets Alan Rogers NFL San Francisco CBS Mike Tannenbaum official Boston soccer
"jason brooks" Discussed on KCBS All News

KCBS All News

02:28 min | 4 months ago

"jason brooks" Discussed on KCBS All News

"On the money watch Jason Brooks KCBS mortgage rates are at historic lows and this is our lowest thirty year fixed rate ever and now your direct lender network capital funding is offering mortgage rates at historic lows see for yourself our thirty year fixed rate is two point eight seven five with a two point eight nine percent APR incredible plus there's no Linda origination fees or discount points this is the best it's ever been and now you have network capital funding on your side saving you money and time with their uniquely fast simple and secure process these are our best rate ever so call now to save see for yourself our thirty year fixed rate is two point eight seven five with a two point eight nine percent APR incredible call the experts at network capital funding eight hundred five hundred the number one H. I. T. that's eight hundred five hundred one hit is a home run it's a grand slam to your best savings ever on your new mortgage your refi that's eight hundred five hundred one hit or eight hundred five hundred fourteen forty eight analysts ID one one seven one to visit in a less consumer access dot org licensed by the California probably because oversight of manslaughter law number six or three D. seventy seven vehicle opportunity lender rates are subject to change and credit approval colleague hundred five hundred one here for more information stuck inside with the family antsy to do something and go somewhere obviously now is not the time to do it but Mr pavers can provide the next best thing cation in your own backyard and if your backyard is not very desirable right now Mr papers can turn your backyard into your own personal paradise get outside enjoy the seasonal warm and fresh air Mr paper specializes in backyard patios pool decks outdoor kitchens and driveways quality papers at affordable prices Mr papers is also diamond certified and an icy P. I. installer and if you book a job before the end of the month you will receive twenty percent off and free demolition call Mr pavers at eight three three Mr pavers that's eight three three Mr pavers or go to Mr papers dot com it's so easy to get out of that stuffy house when your steps away from outdoor fun let Mr papers bring your dream backyard to life call right now eight three three Mr pavers that's eight three three Mr pavers or go to Mr pavers dot com today thanks for calling one eight hundred got junk this is Serra how can I help Sir Brian wants to see all of us in a video chat one click and I'm there thanks for coming everyone today I'm proud to announce our new no contact full service junk removal no contact no contact but if they don't contact us how we gonna know it's time to make their junk disappear we still have to contact us but we don't.

Jason Brooks
"jason brooks" Discussed on KCBS All News

KCBS All News

01:34 min | 4 months ago

"jason brooks" Discussed on KCBS All News

"Right now Jason Brooks with KCBS moneywatch news not such pretty soon a Wall Street today I'll stand the market is coming back a bit from the open which was really tough as the markets open negatively on another big jump in jobless claims almost three million now topping thirty six million over an eight week stretch the Dow has turned positive in fact it's up seventy three points to twenty three thousand three or twenty nasdaq though down thirty nine point eighty eight twenty four the S. and P. lower by about one point at twenty eight nineteen some companies have been hiring during the pandemic namely Amazon target and Kroger has food delivery demand has soared higher Kroger the nation's biggest grocery store operator said it hired over one hundred thousand workers during the past eight weeks with many coming from pandemic ravaged sectors like restaurants food services and hotels it's time for the KCBS mortgage rate watch sponsored by Fremont bank the bay area's premier mortgage lender redfin reports that new home listings have risen four straight weeks and that still can't keep up with demand which the real estate firm says is now five and a half percent higher than pre pandemic levels even with new listings increasing the overall inventory of homes for sale is down twenty four percent from a year earlier virtual tours have been a big help for the market with redfin same one in four of its buyers took their first home tour via video chat the thirty year fixed rate mortgage down to three point one nine percent fifteen year fixed rate mortgage up to two point nine nine percent Jason Brooks KCBS total wine.

Jason Brooks Kroger Fremont bank redfin Amazon
Tesla tumbles after Musk tweets stock too high

KCBS Radio Afternoon News

00:05 sec | 5 months ago

Tesla tumbles after Musk tweets stock too high

"On rent as of your weight on Gilead's stock with several rating downgrades coming from Wall Street analysts shares in Gilead fell about five percent overall a tough day for the stock market Tesla stock fell over ten percent after eagle on musk tweeted that he thinks the stock was priced too high the Dow dropped six hundred twenty two points to twenty three thousand seven hundred twenty three nasdaq down two hundred eighty four points to eighty six oh five the S. and P. fell eighty one points to twenty eight thirty on the money watch Jason Brooks KCBS

Gilead Musk Tesla Jason Brooks
U.S. retail sales plummeted as the nation entered a lockdown

KCBS Radio Midday News

00:42 sec | 5 months ago

U.S. retail sales plummeted as the nation entered a lockdown

"And Jason Brooks bad news for retailers today yeah we're getting more evidence Susan of how much damage the pandemic is doing to the economy retail sales plummeted eight point seven percent in March for the month before Americans went on a stockpiling binge like never seen before a shelter in place orders started coming down in March the commerce department reports a grocery sales soared twenty nine percent higher from a year earlier but that's with the good news ends overall sales were down from February clothing sales plunging over fifty percent auto furniture electronics all down by at least twenty five percent online got a big boost on a nearly ten percent gain and Amazon stock is reflecting that trading at an all time

Jason Brooks Susan Amazon
White House, Senate leaders reach deal on $2 trillion coronavirus stimulus bill; markets rally

Newsradio 950 WWJ 24 Hour News

00:59 sec | 6 months ago

White House, Senate leaders reach deal on $2 trillion coronavirus stimulus bill; markets rally

"Can we just heard from CBS the Congress and the White House have reached an agreement on a two trillion dollar economic aid package to benefit workers and businesses impacted by the virus outbreak in Wall Street yesterday blasted higher with record stock gains on a congressional stimulus hopes your CBS news business reporter Jason Brooks a big time rally for the stock market in anticipation of Congress passing a coronavirus rescue bill for the economy the Dow soared to twenty one hundred thirteen points to twenty thousand seven hundred five the biggest point gain ever for the Dow the nasdaq rose five hundred fifty seven points to seventy four seventeen and the S. and P. rose to order ten points to twenty four forty seven Starbucks CEO Kevin Johnson tells CNBC that he's confident in the U. S. recovering from the outbreak based on what his firm is seen in China for ninety five percent of Starbucks locations have reopened and Bloomberg reports that apple plans on re opening all of its retail stores by mid April Jason Brooks

CBS Congress White House Jason Brooks Kevin Johnson Cnbc China Bloomberg Reporter Starbucks CEO Apple
"jason brooks" Discussed on KCBS All News

KCBS All News

02:00 min | 6 months ago

"jason brooks" Discussed on KCBS All News

"Regular price now Jason Brooks R. T. C. as moneywatch update data Jason what's going on while people slept this morning there always is these days stand my goodness it's like you turn away from the computer for one second and the markets down by six hundred points as far as the Dow goes you look back and all of that is up by six hundred points that happened this morning after the federal reserve launched its biggest Basuki yet essentially unlimited quantitative easing adding commercial mortgage backed securities to its asset buying program and says that it will buy all assets in the amounts needed to supports move market functioning and effective transmission of monetary policy to broader financial conditions and the economy it's doing away with the limits on that quantitative easing program essentially letting the market no it's going to put the money in the back of credit flows to make sure the market is working it's also starting a new lending program for main street businesses small businesses all of the details not yet announced on that and also a nother the large credit facility for large businesses so they can keep paying their employees now that the next shoe that has to drop at all of this as far as the market is concert ease congressional action and we've been hearing the reports that over the weekend they were not able to come to a deal on a stimulus package in the amount needed treasury secretary Steve Mnuchin dressed saying that Congress he's very close to a stimulus agreement and he says it must get it done today that's essentially what the market signal is bad it once this action done now and when they got word over the weekend that it didn't look like anything was going to happen right away that's when futures started lunging and halted trading even as that's happened several times but now the market looking a little more optimistic ahead of the opening bell Dow futures jumping over three hundred points higher nasdaq gaining a hundred seventy points ahead of the open an S. and P. futures up by forty five points on the money watch Jason Brooks KCBS.

Jason Brooks R. T. C. Jason Dow Steve Mnuchin Congress Jason Brooks
Stocks turn volatile as market weighs possible stimulus

KCBS Radio Morning News

01:58 min | 6 months ago

Stocks turn volatile as market weighs possible stimulus

"No specific chat but the president has announced that he'll work with Congress on measures to stimulate the economy to counteract some of the impacts of the corona virus outbreak case CBS's moneywatch anchor Jason Brooks joins us with a look at how all this is affecting the markets right now and Jason as we mentioned last time out the markets don't seem quite as enthusiastic as they were earlier this morning what's going on there most students CNBC is reporting that it's talked to White House insiders who say they were caught off guard by the president's announcement about a payroll tax and other possible stimulus measures they say that there is no plan in place right now so that's the key for Wall Street uncertainty Wall Street hates uncertainty they do want stimulus measures from the federal government and they want them now the economy is going to be feeling some serious shocks not only the market sell off but also the broader coronavirus impacts on travel tourism transportation and now the energy sector in play with the big oil war going on between Saudi Arabia and Russia well you know just with what the president apparently talking about would be a payroll tax cut may be a paid sick leave policy to help all those Americans who get told you can't come to work if you're sick or somebody else in your house is but that is going to happen overnight not at all and you've got competing proposals for stimulus coming from house Democrats house Republicans Senate members this is one of those times when these various groups need to reach across the aisle and work together partisan bickering is not going to help the market does not want that right now the market doesn't care if it's a Republican plan or a Democrat plan the market wants help right now is we've seen the stock market absolutely crater over the past couple of weeks approaching bear territory and it's very volatile right now doesn't take much to push the market in either direction and rolled in on a rally right now in the hopes and expectations of stimulus but like you said this doesn't happen quickly and the plan needs to be put in place rather fast in order for that to get worked on for anything

President Trump Congress CBS Jason Brooks Cnbc Federal Government Russia White House Saudi Arabia Senate
Fed: Will 'Act as Appropriate to Support the Economy'

KCBS Radio Afternoon News

00:32 sec | 7 months ago

Fed: Will 'Act as Appropriate to Support the Economy'

"Fed chair Jerome Powell decided to speak up as stocks continue to dive on rising coronavirus fears in a statement Powell says the central bank is closely monitoring developments and their implications for the economic outlook and that the fed will use its tools and act as appropriate to support the economy that really doesn't alter the fed's prior language but the market is looking for any signs of hope amidst the carnage the CME FedWatch tool is putting one an odds on at least a quarter point cut at the fed meeting in March on the money watch Jason Brooks

Jerome Powell FED Jason Brooks
Fed: Will 'Act as Appropriate to Support the Economy'

Scoot

00:30 sec | 7 months ago

Fed: Will 'Act as Appropriate to Support the Economy'

"Stocks continued their downward correction we get the latest from CBS news CBS news update it doesn't look like it's reassured investors yet but federal reserve chairman Jerome Powell says the central bank will take action to counter the economic problems posed by the coronavirus CBS's Jason Brooks in a statement Powell says the central bank is closely monitoring developments and their implications for the economic outlook and that the fed will use its tools and act as appropriate to support the

Jerome Powell CBS FED Chairman Jason Brooks
Wall Street gains ground after virus-driven selloff

KCBS Radio Morning News

01:14 min | 7 months ago

Wall Street gains ground after virus-driven selloff

"Italy right now let's check financially see how wall street's responding today here's Jason Brooks well so far so good Susan the market did try to rally Tuesday but that fizzled out quickly and we had another big selloff in the market but the market is heading higher for the time being Dow up two hundred seventy five points at twenty seven thousand three hundred fifty nine nasdaq gaining one under twenty one points to ninety eighty six and the S. and P. heading higher by thirty three points to thirty one sixty one the market is jumping all over biotechs trying to design vaccines to combat the coronavirus moderno stock soaring higher for the second straight session after the Cambridge Massachusetts company announced it shipped its first code nineteen vaccine candidate to the national institutes of health for clinical trials shares in tonics pharmaceuticals are doubling after the New York City based company announced a research collaboration with southern research to develop a potential vaccine to fight corona virus and shares in foster city based Gilead sciences continue to head higher as Chinese health officials test the company's experimental Ebola vaccine in the stricken city of Wuhan again the market trying to get back up on its feet after getting hit hard the past two sessions and so far so good Dow's up two hundred seventy

Italy Jason Brooks Cambridge Massachusetts Compan Gilead Sciences Wuhan DOW Susan The Market New York City
"jason brooks" Discussed on KCBS All News

KCBS All News

02:10 min | 7 months ago

"jason brooks" Discussed on KCBS All News

"Jason Brooks on the money watch our coronavirus concerns nearing a peak for the market sports time at four fifteen Kevin is back we're gonna talk about the NBA and some changes to its schedule little bit yeah the clippers Lakers game that was postponed following the helicopter crash that took the life of Kobe Bryant is daughter G. on a and seven seven other people on board has been rescheduled for April ninth that night the warriors were scheduled to play the Lakers so the league has moved the war your Laker match up back two days to April seventh at staples center and this just in from ager emotion or asking if ESPN the Lakers are waving big man demarcus cousins who is out for the season suffered a torn ACL in August the warriors coming off a thirty point loss to the rockets hosts Zion Williamson the number one overall pick in the New Orleans pelicans coming up on Sunday the NFL Players Association canceled a vote on the proposed new labor contract today the Executive Council voted six to five not to recommend that deal to the player wraps the Executive Council plans on meeting with the NFL owners next week to continue negotiations a vote from the full membership though will take place sometime after that meeting golf pricing D. Shambo fired eight under sixty three today at the Mexico championship and he has the lead after two rounds of play at eleven under par one shot better than Eric von ruined and that Patrick reed as they head to the weekend the giants open up their cactus league schedule tomorrow against the Dodgers in Scottsdale on the ace play the cubs in mesa I heard Steve mentioned there's unbelievable average spring take a training ticket price for the giants games in Scottsdale Arizona seventy three dollars and thirty five cents really D. A.'s average ticket price kind of middling at forty nine dollars and thirty cents would that happen when did they start climbing over the years they've been climbing it's you all the supply and demand those games are hot tickets and so the.

Scottsdale Patrick reed Eric Mexico NFL New Orleans rockets demarcus ESPN clippers D. A. Arizona Steve cubs Jason Brooks Dodgers giants D. Shambo Executive Council NFL Players Association
"jason brooks" Discussed on KCBS All News

KCBS All News

01:50 min | 1 year ago

"jason brooks" Discussed on KCBS All News

"Sponsored by lacy boy furniture, galleries Jason Brooks joins us from the KCBS super micro Intel, money desk, another tough go for the stock market Susan as President Trump threatens to slap five percent tariffs and all Mexican imports. Dow dropping two hundred thirty nine points to twenty four thousand nine hundred thirty NASDAQ down seventy one points to seventy four Ninety-six s and p falling twenty five points to twenty seven sixty three Williams Sonoma is getting a big cheer on Wall Street on its stellar earnings report. The San Francisco retailer beat expectations on a revenue gain of more than three percent to over one point two billion dollars, even better in the market's view is that williams-sonoma raised its full year profit forecast with CEO, Laura Albert saying that management believes the company is well positioned to capture significant opportunities in the home furnishings industry. Shares in Williams Sonoma up by thirteen percent. Consumers are finally showing concerns about the trade war, the university of Michigan's consumer sentiment index for may slip from a fifteen year high earlier in the month. The survey says consumer optimism weakened on expectations that the higher tariffs on Chinese imports will result in higher prices at the store survey. Chief economist Richard curtain writes, that, although consumer sentiment remained at a very favourable level confidence significantly eroded in the last two weeks of may on the MoneyWatch. Jason Brooks KCBS. As a seven piece band based here in DC. We're always writing metro to get to rehearsals and gigs. And we don't exactly travel light talking tars amps, trumpets drums, microphones, trombones, and even a sousaphone awhile sousaphone on the train, it's nothing to worry about it is important to report. Anything unusual to metro be vigilant. Let's work together to keep metro safe. And if you see something, say something. And.

Williams Sonoma Jason Brooks KCBS Intel Dow Laura Albert Trump Chief economist San Francisco university of Michigan Susan President Richard curtain williams-sonoma CEO two billion dollars thirteen percent three percent
"jason brooks" Discussed on KCBS All News

KCBS All News

01:33 min | 1 year ago

"jason brooks" Discussed on KCBS All News

"It from Jason Brooks. He is at the case of ES super micro Intel money if Wells Fargo's biggest shareholder has his way the company's next CEO will not come from Wall Street or buffet tells the financial times that the San Francisco banks next CEO should not come from J P Morgan or Goldman Sachs because they are automatically going to draw the ire of a significant percentage of the Senate and house of representatives. And that's just not smart. Tim Sloan retired last month after being tasked with repairing the banks image at for several customer related scandals, including employee's opening millions of fake accounts in customer names in order to score bonuses. Well, as Fargo's top lawyer, Alan Parker is the interim CEO while the board searches for a permanent replacement shares in Wells Fargo finished slightly higher today. Overall, a mixed session for the market. The Dow lost eighty four points to twenty six thousand three hundred forty one the NASDAQ. Gained fifteen point two seventy nine fifty three and the s&p tacked on three points to twenty eight ninety five on the MoneyWatch. Jason Brooks KCBS. Robert here. Robert, somebody burned down, my she shed, no one bird down, your she shed shero all really victim because my she sheds burning up in the backyard. Yes, she she was struck by lightning, Cheryl, Robert state farm cover. My she shed shed. She turned out shed mature hideaway Robert covered here that Victor. I'm getting a new she or she shed. Can we stop says she shade? Now. Go with a win that here to help life, go right state farm. Talk.

Wells Fargo Jason Brooks Robert CEO Robert state farm interim CEO Goldman Sachs Senate Tim Sloan Cheryl San Francisco Intel Alan Parker J P Morgan
"jason brooks" Discussed on KCBS All News

KCBS All News

01:37 min | 1 year ago

"jason brooks" Discussed on KCBS All News

"Watch now with Jason Brooks FCC for micro Intel money, desks stocks boom higher today. Thanks to the trifecta of a blockbuster. December jobs report, the US and China starting trade talks next week and fed church. Rome Powell today, saying the central Bank will remain flexible on rate hikes, the Dow soared seven hundred forty seven points to twenty three thousand four hundred thirty three the NASDAQ gained two hundred seventy five points to sixty seven thirty eight and the s&p rose eighty four points to twenty five thirty two said church room Powell made the market happy. When he told the American economic association meeting in Atlanta that the central Bank will be flexible and patient with future rate hikes Powell said the blockbuster, December jobs report is also further evidence of a growing US economy, and Morgan Stanley wealth adviser, Jeff traum says the report backs up the feds plans they've been flexible they're pursuing their dual mandate of having flation under control in pursuing a greater employment. Greater employment. Obviously. Come through with this report today Powell also said he would not resign. If asked to by President Trump on the MoneyWatch Jason Brooks KCBS quick now just wanna make sure you know that your next chance at winning cash on KCBS comes up to thirty eight. This is Bill finally got me Bill fabric. Dick, Clark street crater the mother of all potholes. Yeah. Year after rim wrecking year. It's tormented the people of this town they tried to fill it. But it always returns, they could stay farms. Got you to you, you ain't nothing trash talking pothole. Yes. Yes. I.

Rome Powell Jason Brooks US KCBS Bill Intel President Trump American economic association FCC Atlanta Jeff traum Dick Morgan Stanley China
"jason brooks" Discussed on NewsRadio 1020 KDKA

NewsRadio 1020 KDKA

02:04 min | 2 years ago

"jason brooks" Discussed on NewsRadio 1020 KDKA

"Wall Street with Jason Brooks, Wall Street, kicked off November by turning in the third straight winning session looking to keep the momentum going after the worst went for the stock market had several years. The Dow rose two hundred sixty five points to twenty five thousand three hundred eighty the NASDAQ gained one hundred twenty eight points to seventy four thirty four. The SAP was up twenty eight points to twenty seven forty shares in the New York Times soared to a thirteen year. High on a strong earnings report that featured a twenty four percent rise in digital subscribers. The Labor Department reports that initial jobless claims fell by two thousand to two hundred fourteen thousand Jason Brooks, CBS news. News coming up at seven headlines right now with rose at the news desk, powered by RG Benji Nokia radio show says he was in the courtroom as Robert Bowers pleaded not guilty this morning to all the charges stemming from Saturday's tree of life synagogue shooting operators at the city county nine one one dispatch center are talking about receiving the first calls from the victims of Saturday's shooting Katie gave radios. Joe DO has that story and President Trump announces his administration is planning an overhaul of the country's asylum. Rules, all at seven o'clock on NewsRadio ten twenty Katie K, A Y. Katie Holmes is wearing a ring on that finger from the entertainment tonight newsroom in Hollywood. I'm kevin. After Katie Holmes was spotted out Wednesday wearing a diamond ring on her left hand, the internet was a buzz was speculation that she could be engaged to longtime boyfriend, Jamie Foxx turns out it was just a prop from upcoming film the secret. Julia Louis Dreyfuss jet appetite and Allison Janney are amongst the stars set to take part in telethon for America. Get out the vote streaming comedy special air on November fifth the night before the midterm elections. Celebrating a birthday today. Former playmate Jenny McCarthy is Forty-six American idol runner up. Bo Bice has forty-three and which country star was once buried to. Julia roberts. That would be Lyle Lovett today turned sixty one and all the latest celebrity news on the next ET. This report brought to you by theraworx relief. This fast acting foam is proven.

Katie Holmes Jason Brooks Katie K Katie Julia Louis Dreyfuss Jenny McCarthy Lyle Lovett Julia roberts Bo Bice New York Times Jamie Foxx CBS Labor Department Joe DO President Trump Allison Janney Robert Bowers
"jason brooks" Discussed on KCBS All News

KCBS All News

01:34 min | 2 years ago

"jason brooks" Discussed on KCBS All News

"Jason Brooks chairs his special moments all day long with us from got the latest from Wall Street. I don't know how special this is it certainly isn't pretty Rebecca another day of wild swings. For Wall Street with stocks reversing early rally and taking a big dive late after Bloomberg reported that the White House is getting ready to hit China with tariffs and the remaining two hundred fifty seven billion dollars in Chinese goods imported into the US if talks next month between President Trump and China's president Xi Jinping failed to show progress in ending the trade war between the two countries. The US has already placed tariffs on two hundred fifty billion dollars worth of Chinese goods. But the remaining amount would be a big blow to a range of consumer goods, including smartphones and clothing. So you've got the Dow losing three hundred eight points now at twenty four thousand four hundred NASDAQ down one hundred forty seven points at seventy nine thousand nine hundred and yes, a p falling twenty two points to twenty six thirty six. Lot of tech stocks looking ugly. Today that includes Amazon falling eight and a half percent and net flicks. He's down by about eight percent auto stocks have actually done pretty well today on reports that China is considering cutting its auto sales tax in order to improve sales that have been slumping Ford stock is up by two and a half percent and GM up by a half percent on the money. Jason Brooks KCBS. Hey, Sean, Spicer midterm elections are approaching any anticipation is building with each passing day. President Trump's in full stump mode, travelling the country and campaigning for his fellow Republicans in congress. It goes without saying there's a lot on the line..

President Trump Jason Brooks China US Xi Jinping president Rebecca Amazon Bloomberg Sean White House congress Ford GM two hundred fifty seven billio two hundred fifty billion doll eight percent
"jason brooks" Discussed on KCBS All News

KCBS All News

01:46 min | 2 years ago

"jason brooks" Discussed on KCBS All News

"Can watch that proposal on our, KCBS Instagram page making. Gold speak KCBS it turns out that your risk of getting a concussion varies greatly depending on the position of your neck at the time of impact KCBS Jennifer Hodges has that story according to a recently released study, out of Stamford the angle of your head and where it's head affects the rotation. Of the head it's always been a mystery as to why some impacts caused concussion in other impacts even at the same person, that looks similar. Don't. Cost concussion Dr Chris Nowinski is the CEO of the concussion legacy foundation and author, of head games. Football's concussion crisis we've been advocating for longtime concussion legacy foundation that next drink may. Help reduce concussion and there's some evidence. To support that but with this, study is saying next strength is not going to be as important as where your hit in how you're headed position. When your hip the new study could lead to. Change And how helmets are designed Jennifer Hodges KCBS KCBS news time. Six thirty five the portfolio right now Is inter Jason Brooks this morning actually it's going to be Patrice No problem we're here for you anyway we've got the Dow industrials. Dan fifty nine points right now twenty five, thousand six seventy four the s. and. P. is down a fraction but the. NASDAQ is up eleven points I'm Patrice Sikora Bloomberg. Business for KCBS thank you and we'll check back. At fifty five we'll check traffic and weather news with Kim net? What, does your morning sound like She's finally asleep Can I get a sausage egg? And cheese Magritte's Here's to making your.

KCBS Jennifer Hodges Patrice Sikora Bloomberg Dr Chris Nowinski Jason Brooks CEO Kim Football Dan
"jason brooks" Discussed on KCBS All News

KCBS All News

01:45 min | 2 years ago

"jason brooks" Discussed on KCBS All News

"Of six nine am seven forty kcbs twenty four let's check out financial news with jason brooks at the kcbs super micro intel money desk susan a political crisis in italy is raising questions over the future of the eu that's sending stocks quite a bit lower today the dow dropping two hundred sixty five points to twenty four thousand four hundred eighty seven the nasdaq tumbling sixteen points to seventy four seventeen and the sp is down twenty one points to twenty seven hundred home prices continue to hit record highs around the country many malls face challenges with retail bankruptcies but the real estate market looks but nine in the words of a compass point analysts note the client noted tributes the optimism to really stick underwriting practices and leverage that is not too high commercial real estate has seen some red flags of late with a morgan stanley research no last week cautioning investors over signs of weak fundamentals as the market may be approaching a critical junction one doesn't think of crypto currencies as a safe haven investment when stocks are falling but it may be a hedge with italy's political crisis weighing on stocks due to renewed uncertainty over the future bitcoin and other cryptos are rallying higher reversing weeks of losses due to ongoing regulatory concerns bitcoin is trading at just over seventy four hundred dollars after nearly nearly falling below seven thousand on the moneywatch jason brooks kcbs the feazel world cup on fox maybe happening halfway around the world you're connected to it it's in your dna perhaps you've heard of the brilliance of rinaldo back what if part of your dna originated in portugal or maybe your dna connects you to argentina where messy is a national hero so this summer root for your roots watch the.

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"jason brooks" Discussed on KCBS All News

KCBS All News

01:47 min | 2 years ago

"jason brooks" Discussed on KCBS All News

"I five time now for the moneywatch here's jason brooks kim pressure mountain on facebook in the wake of its user data scandal on top of us and european political leaders calling for investigation into how facebook handles data there are reports that the federal trade commission is going to look into whether these social networker violated terms of an earlier consent decree regarding the use of personal data violation could result in fines totaling thousands of dollars per violation per day that adds up when you've got fifty million users in question potentially hitting two trillion dollars and the potential of new regulations for the social media sector is also chilling investors facebook stock down well over five percent it's a bit of a drag on the stock market which has been trying to rally from yesterday's selloff dow still up by ninety seven points at twenty four thousand seven hundred eight the nasdaq hanging on it's up four points at seventy three forty eight and the sp up about one point at twenty seven thirteen it's also been a tough day for oracle it topped earnings expectations in the recent quarter but it's cloud growth forecast for the current quarter came up short of estimates and oracle stock is down over nine percent as a result on the moneywatch jason brooks casey of all the people in the world you feel like you're destined to find her and now that you have come to jared the galleria of jewelry to find the diamond destined for her it's called chosen by jared diamond with one of a kind story only jared can tell from the raw stone to the rain she'll wear forever jared makes her diamonds creation part of your love story we document it's entire journey from procuring it in its roughest purest form to the finished masterpiece we sat into her engagement ring every certified chosen diamond is hand selected cut.

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