4 Burst results for "London Switzer"
Bloomberg Radio New York
"london switzer" Discussed on Bloomberg Radio New York
"Is for COVID testing before and after the gathering. I'm Michael Cassidy. Adam dive to these Pellegrini in the Bloomberg newsroom crude oil futures are slightly lower they soured electronic trading, about $77, 84 cents a barrel right now, and Saudi Aramco based oil, by the way, also known as luber up. Well, this just received regulatory approval for an IPO at plans to list 30% of its shares on the Saudi stock exchange. Stocks in Europe are trading mixed to higher London, Switzer right now, it's hovering just around the flat line. In Germany, the decks up about 6 tenths of a percent and in Paris, the cac up about three tenths of a percent. Mostly higher clothes for stocks and Asia, Japan's nikkei, up close to 1% in Hong Kong, hang sang up almost 8 tenths of a percent. China's CSI 300 index those slid more than four tenths of a percent COVID cases in the country's surging to a record high. Thanksgiving holiday. Today on Wall Street gains yesterday, investors in a thankful mood after minutes indicated the fed might scale back the rate hikes sooner rather than later. And Andrew sheetz, chief cross asset strategist at Morgan Stanley expects the fed to pause after hikes in December and January. We've just had the fastest 12 month pace of hiking in 40 years. So it wants to see how that plays out. And also warning investors earnings expectations for next year could be too high. Retail traders have really taken a beating this year, but you know their losses may actually be what ultimately helps fuel a push higher by equity markets into the close of this year. Bloomberg's Courtney donahoe explains why. The average retail portfolio is down about 35% this year so many investors will soon turn their focus to tax loss harvesting. What this means is that investors will look for a place to put their money after selling their losers to reduce their taxable capital gains. Typically the move is too broad market exchange traded funds. The increased inflows may help underpin an end of the year rally. All right, thank you, Courtney. A global news 24 hours a day on air and on Bloomberg quicktake. In the newsroom I'm Denise Pellegrini. This is Bloomberg
Bloomberg Radio New York
"london switzer" Discussed on Bloomberg Radio New York
"Has been a mass shooting in Richmond, Virginia this morning, four men and two women were shot two of the victims at life threatening injuries. Police say an officer her gunshots around three 30 a.m. near and after hours club, no one has been arrested, but police say there's no threat to the public. Embattled school police chief Pete arradondo is resigning from the Yuval di city council. Reports. While this school district police chief, Pete arredondo is off the city council, redondo riding in a resignation letter, it is in the best interest of the community to step down to minimize further distractions. Paradox was sworn into the role on May 31st, which was less than a week after the May 24th massacre at rob elementary that claimed the lives of 19 students and two teachers, his face heavy criticism over the delayed police response to the shooting after saying he didn't believe he was in charge. Gas prices are down according to triple-A to four 80 a gallon today. How Michael castner. And dog did his Pellegrini in the Bloomberg newsroom. U.S. stock futures are pointing to a lower open on Wall Street tomorrow as recession concerned swirl. Former treasury secretary Larry summers among those thinking, we may already be in one. People often say it's a recession when you have two quarters of negative GDP growth in a row. And there's, I think, probably close to a 50 50 chance. Maybe it's a bit less than that, that we've had two negative quarters in a row. And summers with us there on Wall Street week heard here on Bloomberg radio. Gains for stocks in Europe this hour, London, Switzer up more than 1% in Paris that kept not too far behind and in Germany the Dax also solidly higher. If you're on a tax break for an electric vehicle, listen up Toyota has used up a key tax credit or from Bloomberg's Charlie pellet. Denise, it is a milestone that the automaker says will raise its costs and hinder adoption of climate friendly cars. The company said it sold 3876 plugin hybrid and electric cars in June, the U.S. allows automakers to offer a $7500 tax credit to buyers of fully or partly electric cars, but only up to 200,000 per company. Denise. All right, thank you, Charlie. And
Bloomberg Radio New York
"london switzer" Discussed on Bloomberg Radio New York
"To the south. And we are looking at lots of spots near 100° if not over 100° Minneapolis 100 today. It's going to feel like one O 6. COVID shots could be available for children 5 and under as soon as tomorrow the CDC signed off on the recommendation Saturday the decision clears the way for nearly 2 million children in the U.S. to get vaccinated. I'm Michael castner. And I'm Denise Pellegrini in the Bloomberg newsroom. More flight delays for travelers in the U.S. today. JetBlue CEO Robin Hayes says labor shortages are still an issue. The aviation industry is such a finely tuned machine that when you don't have all the right resources and all the right places at the right time, it couldn't get challenged very quickly. He's also says that's why JetBlue scaled back flights earlier this year. At the same time, Hayes tells us JetBlue now has access to a second permanent slot at London's Heathrow. Stocks in London are a higher and stocks across the board are higher pretty much as well. London Switzer up about 1% cac and Paris up more than a tenth of a percent and the Dax up about four tenths of a percent. Bitcoin hovering above 20,000 this hour, after bouncing back from below $18,000 of Bitcoin on Saturday. And treasury secretary Janet Yellen says the fed can engineer a soft landing for the U.S. economy, even as it continues to hike interest rates. We expect to transition to steady and stable growth. But I don't think a recession is inevitable. And Yellen on ABC's this week heard here on Bloomberg radio. But chair Jerome Powell, likely to get grilled about inflation and recession risks when he testifies on Capitol Hill this coming week. Inflation taking a toll on infrastructure projects across the U.S., more on that from Bloomberg since Anna Palmer. Rising prices for materials such as asphalt steel and iron pipes are driving up the costs to build roads, bridges, rail lines, and water mains, state and local officials say inflation is eating into the value of the $1 trillion federal infrastructure law signed by president Joe Biden just 7 months ago. Some officials say inflation has forced them to delay or to scale back the scope of projects. Thank you, Susanna. And global news 24 hours a day. On air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom I'm Denise Pellegrini. This is Bloomberg. Broadcasting live from the Bloomberg interactive broker studio in New York. Bloomberg 11 three O to Washington D.C. Bloomberg 99 one to Boston, Bloomberg
Bloomberg Radio New York
"london switzer" Discussed on Bloomberg Radio New York
"That the Yuval the school shooting will lead to sweeping changes of gun legislation I'm under no illusion that we're going to do the things that need to be done That the majority of Americans overwhelmingly support Republican and Democrat that can create significant safety Appearing on NBC's meet the press in New Jersey Democrat explained that despite public outcry following the tragedy change would be incremental However he pointed to organizations created in the wake of the sandy hook and Parkland school shootings are growing forces of change Booker said the key is getting people off the sidelines and into the arena in order to make progress The Department of Justice is investigating the police response to the school shooting in uvalde Texas Sam Brock with more Officers waited in a hallway for more than 45 minutes before federal agents overrode guidance to stand by unlock the classroom and kill the gunman according to senior law enforcement officials Do you feel like there's been any kind of explanation Hell no No The city's mayor Don McLaughlin requested the review of law enforcement actions after local police admitted to a number of failures in its response to the shooting that left 21 people dead including 19 children the director of the Texas Department of Public Safety Stephen Macron admitted It was wrong for officers to have waited so long after the shooting began to confront the gunman 7 people are hurt after a shooting on a freeway just outside of Las Vegas Trey Thomas reports It happened just before noon Sunday on interstate 11 in Henderson Two of the people injured were listed in critical condition after being taken to a local hospital Henderson police say they're still searching for a suspect The shooting caused the highway to be closed for nearly 6 hours Gas prices jumped two cents over the weekend the national average price for a regular is now up to four 61 a gallon The markets are closed this Memorial Day I'm Michael kassner Hurricane Agatha is headed toward the southern coast of Mexico with 110 mph maximum sustained winds that puts it at a category two status and the national hurricane center expects it to gain more strength becoming a major hurricane before making landfall sometime today It's roughly 165 miles southwest of Puerto angel Mexico this morning Some relief may be coming for firefighters battling the largest wildfire in New Mexico's history rain is expected across much of the state later this week including in and around the hermit's peak fire the blaze is charging 315,000 acres and is roughly 50% contained there are four other large fires right now in New Mexico along with places in Arizona Colorado Nebraska and Texas Memorial Day cookouts are costing Americans more this year as the price of goods continues to surge Mark Mayfield with more The cost per package of ground beef increased by nearly 15% from last year while the cost of frozen packed meat like chicken increased by nearly 16% Hot dogs hamburger and hot dog buns and other cookout fixings such as sliced cheese tomatoes and lettuce have also sharply increased in price Food prices were nearly 10% higher this year than last Marcus Ericsson is taking home the first place trophy after a thrilling finish in the Indianapolis 500 Yeah it's still tough to sort of take in obviously it's the biggest race in the world And something we all work so much towards and we all dream of winning this With four laps left of the racer crash involving Jimmy Johnson led to a red flag stoppage giving Ericsson time to think of an end of the race game plan A southern rockabilly pioneer who helped shape Rock and Roll Hall of Fame group the band is dead Ronnie Hawkins passed away Sunday He was 87 years old I'm Michael kassner And I'm Denise Pellegrini in the Bloomberg newsroom Mostly positive start for stocks in Europe That's following a big rally in Asia as COVID cases and lockdowns in China ease In Europe right now London Switzer up under half a percent the Dax in Germany and the keck in Paris more than half a percent We continue to track crude oil this morning breadcrumb briefly topping a $120 a barrel on the expectation demand from China will jump as those lockdowns Also the EU is working on trying to come to an agreement on an embargo on Russian oil according to Bloomberg specs Ramsay in Brussels Now an EU official says a deal is still possible in the coming days but it does require the backing of all member states And Ramsay says Hungary has been the holdout on any deal Shortened trading week in the U.S. with the Memorial Day holiday may jobs report coming out this coming Friday But Rick Michael mckees says anyone worried about inflation might see something soothing in the jobs report when it comes to average hourly earnings They are expected to fall on a year over year basis From 5.5% to 5.2% Now that's a strong gain still And part of the reason they follow is because they were so strong Last year at this time But it is in the correct direction So whatever reasons you want to put behind it it is going the way that the fed hopes it will go in terms of slowing the economy and inflation Bloomberg's global economics and policy editor Michael McKee And speaking of inflation in the fed former treasury secretary Larry summers says after dragging its feet too long the fed is finally getting it right in fighting inflation but the economy could still get hurt I do continue to believe that a soft landing is an unlikely outcome And summers with us there on Bloomberg television small street week A couple news 24 hours a day on air and on Bloomberg quicktake Powered by more than 2700 journalists and analysts in more than a 120 countries In the newsroom I'm Denise Pellegrini This is Bloomberg This is Bloomberg best Bloomberg radio is everywhere I always accurate and precise bluebirds really one of the places that's reporting facts Your communication capabilities are wonderful far business Bloomberg best Bloomberg's best stories.