Workflow
Trump's tariffs and aid cuts evoke fear and panic in 'denim capital of Africa'
NBC News· 2025-08-01 20:25
Please, Mad Trump, we are begging you. Have mercy on the food. >> 200 people have been laid off from this denim factory alone as the threat of Trump's tariffs dries up orders from the US.The Sutu has long been called the denim capital of Africa. But that title is now at risk. Trump's tariffs threaten to upend the textile industry, which employs thousands of people in this small nation.What would it mean for you if you lost your job. because I take I'm taking responsibility of my family. It's only me who's t ...
A man's joyride through Buffalo Niagara International Airport ended with his arrest
NBC News· 2025-08-01 20:24
#Airport #joyride ends with #arrest. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps ...
Aswath Damodaran: Next 2-3 months will show the market's steady level
CNBC Television· 2025-08-01 20:23
Uh it's great to have you uh Oswath. I mean coming into this this period after this very strong run we've had over say three or four months. Uh did the market as a whole have a a valuation problem or did it really uh you know change the riskreward looking forward.>> I I think the market has been biodal. The first part of the year I think the market built in expectations that things would get a lot worse. Then in the last 3 months it almost seemed to switch and go in the other direction.The truth I think lie ...
Apple's forecast and margins were strong despite pull-forward, says Morgan Stanley's Erik Woodring
CNBC Television· 2025-08-01 20:02
Joining me now to discuss the print is Morgan Stanley's Eric Woodring. Eric, uh, great to have you on. I I, you know, I wonder if first of all, you just give me your your sense of, uh, of why the stock is reacting.Obviously, it's a sloppy tape, but if there's something your clients are are suggesting, gave them pause. Sure. Hey, Mike, thank you for uh for having me on.So, if we take a step back, I actually thought this was one of Apple's more impressive uh earnings prints in quite some time. uh you got upsi ...
Equities Unbothered And Potential Upside In AI - 7/31/25 | In The Money | Fidelity Investments
Fidelity Investments· 2025-08-01 19:58
_Before trading options, please read Characteristics and Risks of Standardized Options here: https://www.theocc.com/Company-Information/Documents-and-Archives/Options-Disclosure-Document_ Tony discusses economic resilience, steady rates, and labor market deterioration. He then shares a trade idea for a data storage solutions company and looks back to a recent trade for an automotive company. Questions? Drop them below 👇 and we’ll reply right in the comments. - For more about In the Money: https://www.fideli ...
Tesla found partially liable in fatal Autopilot crash, ordered to pay $200 million
NBC News· 2025-08-01 19:56
A jury in Florida has found Tesla partially liable for a 2019 fatal crash in Florida. In that incident, a Tesla owner was driving with the car's autopilot engaged when the Tesla accelerated through an intersection, hitting a parked car and its owners standing nearby. One of those owners died.Lawyers for Tesla had argued the driver was distracted and was looking for his phone at the time of that crash. The jury decided Tesla placed the 2019 Model S on the market with a defect and ordered the automaker pay $2 ...
Mohamed El-Erian on jobs data: Not politically driven but do have revision issues
CNBC Television· 2025-08-01 19:55
Uh for more, let's bring in Muhammad Alian, Alon's chief economic adviser. And let's just start there, Muhammad, with your reaction to to this move and just the general uh your general take on the integrity of US economic data and what it means for markets. So Mike, we've long known that we have problems with certain data.It's methodology is fewer people are responding and as Aean just said you estimate quite a few things and then as you get the data you go back and revise it. So these issues have been ther ...
Kim Kardashian's Skims brand launches $48 face wrap
NBC News· 2025-08-01 19:55
Kim Kardashian's clothing brand Skins just released shapewear. Get this, for your face. Yes, that's what you're looking at on your screen.The seamless sculpt face wrap, as it's called, made with collagen fabric and Velcro straps, is supposedly designed to give you that snatched look. Well, the product is selling online for 48 bucks. ...
Fed Governor Kugler to Resign Effective Aug. 8
Bloomberg Television· 2025-08-01 19:54
She has been a member of the Fed Board of Governors since September 13th, 2023. Let's try to get some more information right now because we have an expert sitting to our right. Michael McKee, talk us through what we know so far.Well, this is a total surprise. Obviously, there was some issue that she had to deal with that made her miss the Fed meeting, which is an extremely unusual thing to do. But we don't have any information on why she is resigning at this point.But basically, effective immediately, she i ...
Morgan Stanley's Chris Toomey: Markets were due for pullback and jobs report was catalyst
CNBC Television· 2025-08-01 19:39
Chris Toomey, Morgan Stanley Private Wealth Management managing director, joins 'Power Lunch' to discuss what to expect from markets the next few weeks, what the jobs data meant to the economy and much more. ...