Your money . Congress is returning to washington for one more attempt at reaching a covid relief deal as Small Businesses all over the country close and for good and more lockdowns are on the way. Well get reaction from california congressmanelect and former congressman darrell issa. All that and a lot more coming up right here on making money. David so moderna is now the Second Company to file for emergency use authorization of its covid19 vaccine from the fda. The company says its vaccine is 94 effective and 100 of its study, kept 100 of its studies from developing severe coronavirus cases but while the world pins its hope on covid19 vaccines there are scientific, regulatory and market hurdles to overcome. Blake burman joining us now to break it all down. Blake, please explain to me this 100 effectiveness against severe cases of covid. How would they know that . Reporter that got the ceo, stefan bonn sell excited. When they went through the phrase three trial but there were 30 severe
Country first and think beyond your own ego and your own interests and your own disappointments. The president vows to keep up his legal battle despite losing case after case in court and the Administration Blocks joe bidens team from crucial covid information. This after a weekend where thousands of Trump Supporters flooded the streets of the capital and clashed with counterprotesters. Hurricane threat. Overnight, iota gaining strength. The category 4 storm taking aim at hardhit Central America and the severe storms tearing through the midwest and the northeast. Dangerous winds whipping through this nfl game in cleveland and tearing down buildings. Were tracking the latest on hundreds of thousands waking up without power in the u. S. This morning. Abc news exclusive. Oneonone with michael j. Fox opening up about the Health Crisis that threatened to leave him paralyzed and his darkest moment that led him to question everything. Of all things that was the thing that really set me off. T
Nasdaq declined. 82 there is only one thought. Good, they all got a chance to buy. Not long ago on days like this we say oh boy, i got to get out of here while it is getting good who knows what it is going to happen with this thing it is going to roll over now we often see pull backs like this as opportunities that are too precious to swander. How do we explain the new mindset . I think because we broken the tyranny of the indexers. When the fed says something positive or when we get solid employment number. Either way, we were in the throw to these big macro events. They control everything. Not anymore. These days macro does not matter very much. And etf buyers have stopped reacting to this stuff instead they react to the opportunity so when stocks come down, these people step up and actually start buying, make it much harder to have a hideous selloff you know what there is nothing new about this less lock steps opportunity mindset. This was the old new normal of the index funds 20 ye
Spike . Youre going to open up special lines this money. First we want to hear from teachers. If you are a teacher, want to hear from you at 202 7488000. Arenistrators, we know you making the tough decisions on whether to open or close schools. Our number, 202 7488001 parents and students, you are the ones sending your children for school. Parents and students, 202 7488002. If you dont fit any of those categories, we still want to. Ear from you, 202 7488003 remember, you can always text us at 202 7488003 as well. We are always reading on social facebook. Witter and once again, we are in the middle spike and coronavirus schools are making tough decisions on whether they should bring children to school or restart Virtual Learning. In new york city they made the decision this week to in in Person Learning and send Children Home next week. Here is new york city mayor bill de blasio addressing how his decision will affect new york city residents. Here is a quick portion. Be re is going to o
With norah odonnell, reporting from the nations capitol. Odonnell good evening, and thank you for joining us. Were going to begin with breaking news on a potentially Game Changing vaccine against coronavirus, at the same time infections of the virus in the u. S. Are now growing by the millions. Tonight the Biotech Company moderna says it has developed a vaccine that is nearly 95 effective and capable of preventing severe illness. The company says with emergency approval from the f. D. A. It could start giving the shots to highrisk patients and healthcare workers as soon as next month. Well on wall Street Investors reacted enthusiastically, pushing u. S. Stocks to new highs, even as experts warn the country is plunging deeper into a deadly and dark winter for the pandemic. And as we come on the air the u. S. Has surpassed 11 million cases. Thats a million new infections in just one week. That is two million since the beginning of this month. And hospitals, well, they are reaching a brea