Announcer major funding for the pbs newshour has been provided by when the world gets complicated, a lot goes through your mind. With fidelity wealth management, a dedicated advisor can tailor advice and recommendations to your life. That is fidelity wealth management. Announcer consumer cellular. Johnson johnson. Financial Services Firm raymond james. Bnsf railway. The william and flora hewlett foundation. For more than 50 years, advancing ids and supporting institutionso promote a better world at hewlett. Org. The Chan Zuckerberg initiative, working to build a more healthy, just, and inclusive future for everyone at czi. Org. And with the ongoing support of these individuals and institutions. This program was made possible by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. Amna the president ial race getting into crunch time tonight, and the candidates are all over the map. White house correspondent Yamiche Alcindor r
Television worldwide, good morning. 11 days to go on the election. What are we trying to do . We are trying to get through friday. This is a serious time, a serious debate last night. This pandemic has worsened worldwide. The challenge of a 3 trillion deficits. The civility of last night was noted. Jonathan it was civil. It was muted. But stark differences on the outlook, particularly over covid. The president promising a vaccine within weeks, and biden focusing on the failures of the administration and the winter ahead of us. The Vice President talking about winning hope over fear. That really goes to one of the themes this week we havent talked about, which is the partition of economic america. Lisa the idea that the jobless rate perhaps is going down, but stagnant at one rate. We got those initial jobless claims. The number of permanently unemployed americans, frankly those around the world, is increasing. It is going to take a long time to remedy some of the scarring taking place.
Absolutely extraordinary. I know lisa is going to touch on this. Can we all focus a moment on 800,000 in claims at 8 30 . What is still involved in our politics and our markets is a labor economy that is, to be polite, fragile. Jonathan secretary mnuchin throwing some cold water over that. We need to talk about the new restrictions across the continent in europe. The economic recovery in europe was already fragile, already stalling. These restrictions will make that worse. Tom ive so glad you bring this up. You and i have been going back and forth on this since you got up at 9 00 a. M. London time. What i really want to focus on is the federal solution and application in europe versus the statebystate solution in america. Is that accurate . Jonathan youve also got the local issues in the United Kingdom that have really brought london into the equation. The north of the country was facing much tougher restrictions , looking down to london and asking, what about them . The answer is lond
Mr. Mcmaster we need leaders to make sure that they are not part of the problem, that they are not creating opportunities for our adversaries. Judy all that on more on tonights pbs newshour. Announcer major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf the engine that connects us. Announcer Consumer Cellular, johnson and johnson, Financial Services firm raymond james. Supporting social entrepreneurs and their solutions to the worlds most pressing problems, skolfoundation. Org. The lemelson foundation, committed to improving lives in the u. S. And around the world, on the web at lemelson. Org. And with the ongoing support of these institutions. This program was made possible by T Corporation for public broadcasting and by contributions to your pbs station from viewers like you. Than you. Judy two big stories dominate e news tonight, the highstakes battle builds over the future of the u. S. Supreme court, and criminal charges are filed in the sh
Really settle this morning. Ive got to go right to the deepest market exchange. The Dollar Strength is really resilient. Jonathan the treasury marketjonathan not doing what the treasury market would typically do in an equity downdraft. So many people have come on this show talking about it. There it is, the 10 year yield doing nothing. Your yield, 0. 67 . You could clip that, repeat it, and it would have been true for the last five days. Tom when you intrude into market spaces, markets dont give you signals. Ive been surprised by it. The completeness of the bond market and this lethargy has been extraordinary. It is where the bond market gives up giving signals. Jonathan the data 90 minutes away in america. Lisa we get a sense of how much momentum is flowing down in the u. S. We get the latest reading on initial jobless claims in the United States, and continuing claims as well. More discussion from jay powell and steven mnuchin, asking for more fiscal support from washington. The mark