Cloud computing giant salesforce has agreed e to buy slack in a 27 billion deal. Slacks instant messaging system will position salesforce to compete with microsoft. Warner brothers announced it will release its 2021 films on hbo max at the same time they debut in theaters. On the round table, ben levisohn, carlton english and jack howe. Ben, we got pretty weak jobs numbers today, but the market shrugged it off, and everything ended up higher. Thats right, jack, everything went higher. It doesnt matter if you were maul cap or large cap, the techheavy nasdaq or the Dow Jones Industrial average, the market just went higher. That comes down to stimulus. Congress is talking again, democrats and republicans are trying to come to a deal, this is a number out there, and it looks like it could get done. If it does, it makes up for the data. Payroll number missed expectations, but people were expecting a weak number, and the weakness is really in the areas that we already knew would be weak like
Its been decades since the fall of spains fascist regime, but old wounds still havent healed on the bottom is pretty famous because for me, from an old feed, a market economy. Suppose you mean in the us at the source me note of that i mentioned i see in question which we know of newborn babies were torn from their mothers and given away and forced adoption. But only to this day mothers still search for grown children while looking in hope for their birth parents. This is boom bust the one business show you cant afford to miss unsurmountable in washington coming out as promised by their hossam and its emergency use application for over 19 vaccines to the food and Drug Administration. A process that could, start limited 1st shot as early as next month. And u. S. , treasury secretary steven chu and announced cut off for the federal reserves Lending Program and hopes to restart stimulus talks, and hopefully will resume negotiations. To see i stand by, i have a lot to get through to get sta
Election. Well get the latest from Trump Campaign attorney jenna ellis. Joe biden set to unveil a plan for the economy. Will it include canceling debt, more lockdowns . What about the green agenda items . Well have a live report from wilmington coming right up. That and so much more on making money. Charles another strong session for the stock market, folks and the underlying force is really optimism. Wall street breathed a sigh of relief when the blue wave did materialize and the assumption that the gop holds the senate. The vaccine news allowed investors looked beyond the dark winter to a springtime of renewal that begins sort of in march well see normalcy built into the market right now. The notion was reinforced on moderna, they have a vaccines 95 more effective than pfizers. As a result of the burst of optimism, weve seen money pouring into equity funds by the way is a rare occurrence, particularly domestic funds. Individual investor bullishness surged and were greeted now with bi
This is widely expected. This is the vaccine that was found to be 94. 5 effective in the primary analysis. There is discussion about possibly having some sort of meeting later in the month with the fda to make the approval. We heard from officials over the weekend that they are going to try to approve it in fast order. If you take a look at markets, not the response you would think, at least not much. Jonathan it has been the diminishing marginal rate of the additional vaccine news in this market that has diminished over the last several weeks. Equity futures down 0. 4 percent. Expectations are already so well anchored by the vaccine news weve had over the last several weeks. We are down 0. 4 on the s p 500. In the bond market, yields up by a basis point or two to 0. 85 on the 10 year. The news isnt this morning. It is the cumulative impact of the last several weeks and now it is shaped the forward outlook under a much better way compared to what we face right now in the here and now i
From bear market to a new record at the fastest pace since 1991. 193 trading days from low to a record. But the vaccine by both moderna and pfizer are about to create a mountain of medical waste. This is all great news for one company out there, steracycle which disposes of it for hospitals and medical facilities all across the world. The ceo is in full preparation mode. Shes going to explain what theyre doing to get ready for that in a fox business exclusive. And as casino stocks rally on the vaccine news, are they kicking off the party a bit too early . The ceo of circus sports just opened the biggest sportsbook in the nation. How hes actually calm about this. Hes betting his early open will earn him a lot of green. First, weve got team fox business coverage ready to roll. Blake burman live at the white house with the plan now in place to distribute the moderna vaccine. Hillary vaughn is in wilmington, delaware with what president elect joe biden is about to say in a speech about the