Progressives once at that, pushing people to go ahead to vote in georgia, become temporary residents and then leech. That is against the law. You cant do that there. Well find out how widespread that is. The read from the secretary of state says it is more widespread as you know, but none of this was going on in the big election a month ago. Jackie deangelis following all the biotech news and remedy news and vaccine news and how soon do we see it news. Jackie. Reporter good afternoon, neil. Things are moving quickly indeed. Pfizer biontech filing for covid19 vaccine approval in europe. Boris johnson is talking about administering the vaccine in the uk in a matter of days. This morning the fdas stephen hahn at the white house, the white house is concerned that the fda might not be moving fast enough. President trump tweeting yesterday, moderna now applying for emergency vaccine approval. Usfda must act quickly. The next steps are these. Fda outside advisors will meet on december 10th, n
Declining. We saw a constructive things. Waiting for the eighth or ninth year of expansion is not a perfect strategy. There is an issue of wanting to do as much as we can to avoid exacerbating the longstanding inferences and get back to a Strong Economy or we can start making progress again, which is what we were doing in february. Senator smith as the fed chair and at the fed you have the mission of low unemployment and managing inflation. And this need to spur job growth. We said there is not been a big worry about inflation. What if the fed were to lower its target for employment, even under 3 . What impact might that have on addressing longterm needs for addressing inequality. Changeowell we made a in our operating framework which addresses that directly. We will have an estimate of the natural rate of unemployment. We will not act on that, even if unemployment goes below that, unless we see inflation or some other problematic thing that seems to be late to where our rates are. We
Results. We will get congressional insight all morning long. We will hear from georgia congressman earl buddy and connecticut senator rand paul. Loss of 100 points on dow futures. Markets extending slump from yesterday as more lockdowns and the threat of them offset positive news on vaccines. Its also been a big week for retails, bjs and macys reporting this morning all the numbers as soon as they hit the tape. Working from home may not save you money. Why paying a new tax while working remotely. A little holiday decorating can carry you through some tough times making a buzz this morning. Mornings with maria is live right now. Dagen european markets feeling the sting of more lockdowns, red across the board in france, england and germany, all down about 1 . Mixed story in asia overnight with fractional moves there. Kospi and south korea shanghai to the plus side. Cheryl casone has all the news that you need right now, good morning, cheryl. Cheryl good morning to you, dagen. United stat
Come whichrevious also been revised higher. There was some expedition that as prices come up because of the fact you can get cheap lending at the moment or cheap borrowing , you would expect that at some have, that would start to an impact on a month by month basis. Nevertheless, the market was looking for this month on month number two actually slow, and that hasnt happened, which is really interesting and the light of what we are starting to see in the employment market. We saw initial jobless claims out a little bit earlier on. Youre starting to see the negative data could begin from the employment side of the economy, starting to come in a little softer. Bloombergs mike mckee joining us now with the details of that. Michael at one point on the housing numbers, existing home sales or closings, so these contracts were signed a couple of months ago when things were a little better in the economy, and we got low mortgage rates, so the one thing the fed has been able to do is stimulate
Technical issue. Er with here. Temperatures in the low 30s in san ramon, a little frost in the valley there, as well as the delta, santa rosa is at 32, a little fog to the north bay, but low 40s in oakland. So these numbers are pretty typical with the clear sky, good radiational cooling and in fact, with two to seven degrees of cooling overnight in the south bay and the peninsula, its awfully cold out there. As we look towards the rest of the day, were looking at numbers rebounding quite nicely within a narrow range of low to mid60s for most of you, with high clouds increasing in the north bay. West winds will pick up as well along the coast, but otherwise its a quiet sunday afternoon. Well get into more sunshine for your monday, temperatures fluctuating a bit here and there, and well pinpoint that forecast for the holiday and beyond coming up. Liz . Lisa, thank you. We begin with the worsening coronavirus emergency the state and country setting new case records by the day. The u. S. H