In a year like no other, its a black friday like weve never seen before. The pandemic has many people staying home. Im ama daetz. Im dion lim. While black friday isnt what were used to, there are still lines to be found at malls and some people did brave the cold, some for as long as 36 hours to snatch up some of the most popular items. Liz kreutz was in dublin early this morning when the doors opened. Reporter when the doors of the best buy in dublin opened at 5 00 a. M. , there was no running, no pushing, no shoving. It was peaceful. There wasnt any rushing or craziness. Reporter like so much else this year, this black friday felt different, much calmer. Still, some people did brave the cold to wait in line. Sky 7 got this video from the livermore outlets and here is the doors opening at target in dublin. Friends jaden and mossy got to best buy at 4 00 a. M. 287 for a 50inch. Great deal. Reporter these guys were hoping to get a playstation 5 and werent the only ones. The game stop in
1000 pandemic has thrown a wrench in the works. The fact that many stores will not have in person a bed due to the pandemic, as well as millions of americans facing unemployment and a lack of another stimulus package to put cash in the pockets. Has many wondering what we can expect from this Holiday Shopping season. So lets get some expert analysis from dr. Banky shankar, director of research at the center for retailing studies at Mays Business School at texas a and m. And dr. Barbara stuart, the coordinator of retailing and Consumer Sciences at the university of houston. Thank you both for being here today. Dr. Stuart, i want to start with you. Were seeing a change in black friday due to the pandemic and stores want to avoid crowds. What are some new trends that were already seeing for the black friday this year . Well, here are 3 aspects that will make this a black friday, like, you know, rather firstly, Online Shopping has exploded 2nd playing well shopping. And thirdly, retail is i
This is the one business show you cant afford to miss Unser Montecito going to washington coming out as promised, pfizer has submitted its emergency use application for to take over 19 vaccines to the food and Drug Administration. A process that could start in limited 1st shots as early as next month, and u. S. Treasury secretary stephen, when he announced cut off for the federal reserves Lending Program and hopes to restart stimulus talks, and hopefully will resume negotiations. We have to see, i think by have a lot to get through. Thoughts get started. Pharmaceutical giant pfizer is filing for emergency authorization of its crown of arsenic seen in the united states. The company is one of many working to fight the spread of cove 19. And as alex mohill of its report says, it is one of a few front runners that may help and the pandemic. The bottles are full and ready to go. Once given the green light, pfizer says that it could start shipping out its Coronavirus Vaccine within a couple
To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig
The open this morning we will get really close again to 30000 on the dow. Heres another positive in all the transition from trump to biden has begun and investors like it, the dow was up 1 , 300 points, s p up three quarters in the nasdaq up close to half a percentage point, lots of green this morning and theres this, john kerry is back, the climate envoy and will sit on the National Security council, not good news for Americas Energy independence. Kerry will try to take us back into the paris climate record, but here is a guy taking us to the future, elon musk, yesterday as tesla stock rallied musk gained 7 billion in one day, he is worth 128 billion in the last week he surpassed Mark Zuckerberg and bill gates to become the second richest in the world, jeff bezos remains firmly in the number one spot. On todays show lets celebrate thanksgiving, the timing on the restrictions but resistance is growing, scott shalit he will join us from arizona hes part of the great exodus and will take