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May 15, 2023
05/23
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annabelle: he talked to cnbc. he is looking at june, 2000 six in particular because he is saying that was a period in which the fed stopped raising rates and we continued to see equities raise for a further year. he is saying that essentially that is why we can expect stocks to rise for it he says the fed is done raising rates, inflation has been quelled. he says even if we do see recession, which he does see for the third or fourth quarter, we can expect gains to extend for equities. haidi: annabelle with a look at the radius -- a look at the latest. distance is starting to feel the crunch tried to policy. he told us policymakers are making headway in the fight against inflation. >> when i think about the trajectory of inflation, i think we made really good progress on it. you think about where the economy was and where inflation was last summer compared to today, we have seen really positive things happen. we are not denying at 10 percent levels, we are in the 4.5% range. that is still two times what our target
annabelle: he talked to cnbc. he is looking at june, 2000 six in particular because he is saying that was a period in which the fed stopped raising rates and we continued to see equities raise for a further year. he is saying that essentially that is why we can expect stocks to rise for it he says the fed is done raising rates, inflation has been quelled. he says even if we do see recession, which he does see for the third or fourth quarter, we can expect gains to extend for equities. haidi:...
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May 29, 2023
05/23
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there you go. 25 years ago on cnbc. another emerging market -- the next president of africa's most populous country will be sworn into nigeria. he won with 37% of the vote. let's bring in our own bloomberg african correspondent. you were there for the election. the inauguration is now. what is the state of the country? >> as you mentioned, 37% of the vote is what he secured which means he will be the first president in this country's history to secure the presidency with under 50%. when we talk about the state of the country you look at how divided it is and we are still seeing opposition parties in the courts trying to challenge the presidency. despite this he is still going to be and argue rated today as the 16th president of nigeria. a lot of people are pointing to the fact that because of the low voter turnout and how little he secured for the presidency, he has a lot to do to not just repair their fragmented economy and the fragmented parties and communities in nigeria but also on the global stage. investors are wa
there you go. 25 years ago on cnbc. another emerging market -- the next president of africa's most populous country will be sworn into nigeria. he won with 37% of the vote. let's bring in our own bloomberg african correspondent. you were there for the election. the inauguration is now. what is the state of the country? >> as you mentioned, 37% of the vote is what he secured which means he will be the first president in this country's history to secure the presidency with under 50%. when...
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May 9, 2023
05/23
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she told cnbc the government would need to figure out what to do with the resources we do have. president biden is meeting with congressional leaders today on the debt ceiling. global news 24 hours a day on air and on bloomberg originals i'm simone foxman and this is bloomberg. >> a question of the day, what crack's the debt ceiling debt lot -- deadlock. the chair of the treasury borrowing committee is also the cohead of the global financing group. basically you are one of many that can talk to treasury about economic conditions, what do you think. what will crack the debt ceiling. >> we are hopeful the meeting this afternoon can find a path forward. not resolving this would have catastrophic issues for the economy. sonali: help us understand what those consequences would be. >> you're finding investors are preferring to have securities that have matured toward the end of may rather than -- so they get this which are inefficient and create extra cost for the taxpayers. taxpayers paying a higher rate than they should have to because of this. you take it further to the extent the
she told cnbc the government would need to figure out what to do with the resources we do have. president biden is meeting with congressional leaders today on the debt ceiling. global news 24 hours a day on air and on bloomberg originals i'm simone foxman and this is bloomberg. >> a question of the day, what crack's the debt ceiling debt lot -- deadlock. the chair of the treasury borrowing committee is also the cohead of the global financing group. basically you are one of many that can...
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May 17, 2023
05/23
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especially as seeing that afterwards in the interview with cnbc he said this is something that he agreed on stage right then when he announced it for the shareholders. what he did say is it needs to be advertising that approaches content, informative, that someone does not feel like they wasted time watching it. what that looks like, we do not know. going forward, tesla needs to find a broader audience. they need to find were a discussion is at a lower price point, trying to appeal to other people. there is a lot of criticism that elon musk has now acknowledged, that the current way of doing advertising through social media, he is preaching to the converted. manus: thank you so much. aggi on the latest from elon musk. now he is up to the possibility of testing the market with advertising. do you ever dream of working from home again? dani: no. i refuse to ever work from home again. it is clunky in our job. but that is just us. there are plenty of people working from home and are happy about that. manus: the one thing is that americans are not willing to relocate or a new job. cannot move
especially as seeing that afterwards in the interview with cnbc he said this is something that he agreed on stage right then when he announced it for the shareholders. what he did say is it needs to be advertising that approaches content, informative, that someone does not feel like they wasted time watching it. what that looks like, we do not know. going forward, tesla needs to find a broader audience. they need to find were a discussion is at a lower price point, trying to appeal to other...
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May 17, 2023
05/23
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he acknowledged in an interview with cnbc after the agm that by focusing most of their marketing on word-of-mouth and twitter, he is essentially preaching to the converted. he needs to preach to a broader audience and to traditional marketing is the way to go for tesla. tom: excellent stuff, it terms of what we have been hearing from elon musk. another line that was interesting was around work from home. he has been making them come into the office 40 hours minimum a week. he said those who work in their laptops are in lala land if they think they can sit at home. and he said morally there was a question when you think about people in services and factories who have to be in the work waste, versus -- the workplace, versus the white-collar worker. francine: it was interesting because most chief executives would say i want to focus on company culture. but he did call it a morally dubious practice. i don't know if it is especially if you have a long commute. it reinforces the culture if you see each other face-to-face. it is an front -- affront people who have to go into the office. tom: the survey
he acknowledged in an interview with cnbc after the agm that by focusing most of their marketing on word-of-mouth and twitter, he is essentially preaching to the converted. he needs to preach to a broader audience and to traditional marketing is the way to go for tesla. tom: excellent stuff, it terms of what we have been hearing from elon musk. another line that was interesting was around work from home. he has been making them come into the office 40 hours minimum a week. he said those who...
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May 26, 2023
05/23
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cnbc reporting trademark products called index gpt will help customers select investments tailored to their specific needs. narrowing the annual for workday, measuring demand for software that helps businesses handle hr related tasks. coming up, how is ai impacting the travel industry? we will talk more with the choice hotels ceo. this is bloomberg. ♪ ii just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones. make a sound decision. call 1-800 miracle now, and book your free hearing evaluation. caroline: welcome back to bloomberg technology. thank about the way in which you get through an airport. other fees worth it now that the tsa lines are getting faster. lines have been backing up with annoyed travelers citing a lack of staff and clumsiness in escorting to checkpoints. let's stay in the travel industry and take a look at how generative ai can transform it. choice hotels ceo brian kirkland joins us now. how h
cnbc reporting trademark products called index gpt will help customers select investments tailored to their specific needs. narrowing the annual for workday, measuring demand for software that helps businesses handle hr related tasks. coming up, how is ai impacting the travel industry? we will talk more with the choice hotels ceo. this is bloomberg. ♪ ii just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device...
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May 9, 2023
05/23
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she told cnbc that the government would need to figure out what to do with the resources we have. president biden is meeting with congressional leaders today about the debt ceiling. the public is not showing much confidence in jerome powell. according to a new gallup poll, 36% of u.s. adults say they have a great deal or a fair amount of confidence that jay powell would do or recommend the right thing for the economy. that's the lowest level recorded since gallup track public confidence in the fed chair 2001. the former prime minister of pakistan has been detained. the former cricket star faces a number of court cases and was set to be formally indicted wednesday and it has to the allegations he did not properly disclose earnings from the sale of state gifts from his time in office. he has called for early elections next year after getting ousted in april, 2022 and a no-confidence vote. goldman sachs will pay $215 million to settle a long-running class action lawsuit on underpaying women. the case involved about 2800 female associates and vice presidents. it was closely watched in
she told cnbc that the government would need to figure out what to do with the resources we have. president biden is meeting with congressional leaders today about the debt ceiling. the public is not showing much confidence in jerome powell. according to a new gallup poll, 36% of u.s. adults say they have a great deal or a fair amount of confidence that jay powell would do or recommend the right thing for the economy. that's the lowest level recorded since gallup track public confidence in the...
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May 17, 2023
05/23
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house speaker kevin mccarthy told cnbc he is confident there will be no default on the debt. for vice president mike pence calling for an end to the fed dual mandate. he says central bank should focus only on fighting inflation and leave the job creation to congress and the president. he told bloomberg the fed should return to his historic mission of ensuring sound monetary policy. he is considering challenging donald trump for the republican nomination next year. bank of england governor and jubail he says he is unwavering in his commitment to u.k.'s -- andrew bailey says he is unwavering in his commitment to u.k.'s target. he spoke at the global annual conference of the british chambers of commerce. india lodging to billion-dollar plan to attract makers of laptops and other hardware. prime minister capitalizing on the early success of apple's iphone assembly operation in india. tech companies looking to expand supply chains beyond china. in pro basketball san antonio was the winner of the nba's most anticipated lottery drawing in the last two decades. that want the right to
house speaker kevin mccarthy told cnbc he is confident there will be no default on the debt. for vice president mike pence calling for an end to the fed dual mandate. he says central bank should focus only on fighting inflation and leave the job creation to congress and the president. he told bloomberg the fed should return to his historic mission of ensuring sound monetary policy. he is considering challenging donald trump for the republican nomination next year. bank of england governor and...