Americas Largest School system closed. The Ripple Effect of our kid being sent back home and a cnbc special investigation. Faster payments mean faster fraud. Criminals using popular apps to launder cash meant for americans. Good evening more good news to report on the vaccine front tonight and it comes at a dire point in the pandemic just an hour ago we got word the United States has now topped more than a quarter Million Deaths thats more than strokes, suicide and car crashes typically kill in a full year. The virus killed more than 1,700 americans yesterday alone. Johns hopkins reports its the deadliest day in six months. In addition, hospitalizations hit another high more than 76,000 people in the hospital for covid, according to the covid tracking project by nearly every available metric, the pandemic is worse than ever, everywhere across the country. For months new york city kept its positivity level very low. Now its rising and forcing the Largest School District Court in the nat
Americas Largest School system closed. The Ripple Effect of our kid being sent back home and a cnbc special investigation. Faster payments mean faster fraud. Criminals using popular apps to launder cash meant for americans. Good evening more good news to report on the vaccine front tonight and it comes at a dire point in the pandemic just an hour ago we got word the United States has now topped more than a quarter Million Deaths thats more than strokes, suicide and car crashes typically kill in a full year. The virus killed more than 1,700 americans yesterday alone. Johns hopkins reports its the deadliest day in six months. In addition, hospitalizations hit another high more than 76,000 people in the hospital for covid, according to the covid tracking project by nearly every available metric, the pandemic is worse than ever, everywhere across the country. For months new york city kept its positivity level very low. Now its rising and forcing the Largest School District Court in the nat
Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicles or just enthusiasm over the ev space as we gheet into a Biden Administration on top of the gm news yesterday, jon. So there is a lot happening in the ev space and then m
Line here, it too on track for a record close. An effective vaccine now more important than ever as the pandemic death toll today topped 250,000 americans. Yesterday alone, more than 1500 people died. One of the biggest obstacles to rolling out a new vaccine, we talked about this, maintaining the ultralow temperatures needed to transport tens of millions of doses. The ceo of the u. S. Company that says it can get it done is here. Hes churning out his medical grade freezers as fast as he can. We will show you what it takes to achieve refrigeration nation. With cases spiking, businesses, yeah, you will dread this, sending workers back home again. Are you dreading zoom group calls . We are about to show you a new video platform that may have you considering the switch. Plus, chris krebs, that trump appointee the president fired last night by tweet for saying the election was secure, has just himself tweeted out a defense. We will show you that tweet and the two protrump senators siding wi
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive