Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha
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
Infections and deaths. More than 9. 9 million americans have been infected and over 230,000 have died, according to a survey by Johns Hopkins university. This media report that hes considering candidates for top cabinet posts. But biden may face legislative road blocks. After last weeks election, the democrat cans are still three seats short of a senate majority. If the party can win two heated contests in january, there will be a tie. Meaning the Vice President could break potential stalemates. Former republican president george w. Bush and Economic Council director under President Trump has extended congratulations to biden. Other prominent republicans like mitt romney have also joined in. But the most powerful republican, trump himself, has not followed custom and congratulated biden or acknowledged defeat. They demand ed a recount in several states. But many of them have been dismissed on the ground that those claims lack concrete fd. U. S. Media reports a say some of trumps closes
Available then the ioc would take these costs and cooperate with the National Olympic committees. The ioc would make every effort to have participants vaccinated even as people prioritize people who are most vulnerable. But competitions including an International Gymnastics meet show large scale events can be held safely even without a vaccine. Earlier in the day,back met the Prime Minister to agree on the symbolic power of the games. We again will make this Olympic Games a great symbol of solidarity and unity of humanity in this world, which by then will hopefully be a postcoronavirus world. Translator were determined to host the games as proof that humankind has defeated the coronavirus pandemic. We also want to show the world that regions affected by the great east japan earthquake are recovering. The ioc president said organizeers are discussing ways to protect both athletes and spectators. Japanese officials are on high alert over a rise in group infections. 130 coronavirus cluste
Court after the Republicanled Senate approved her confirmation following a rushed process to replace Ruth Bader Ginsburg. We will get the latest. Plus, we will speak to alicia garza, cofounder of black lives matter and supermajority. I think black voters in particular, especially as we turned out and shaped the contest across this country, we really do deserve to hear more about what youre going to do to advance the issues that i think all of us care about, the issues of health care, the issues of Community Safety and security, the issues of Climate Change and what is happening in our environment all around us. The issues of low wages that are keeping families from being able to support themselves. Amy we will speak with alicia garza about the election, new bookg, and her the purpose of power and how she was the target of a white supremacist plot that was foiled last week by the fbi. All that and more, coming up. Welcome to democracy now , democracynow. Org, the quarantine report. Im a