New record. So theres hope. Sentiment mixed as Congress Faces a crucial week, folks. It needs to pass a spending bill to avoid a Government Shutdown on friday as well as billions and billions in coronavirus stimulus package to help struggling businesses and americans. Weve got up to the minute details. We are about to take you live to the white house. Meanwhile, college kids now protesting tuition costs, refusing to pay after being forced to learn online during the pandemic. The ceo of Online Education company and online textbook rental giant chegg is here on how this is all coming together when it comes to the actual focus that this company was created upon. Parents and students reducing the cost of higher education. As the year of the spac continuing, this video gamings goto payments processor is going public with the backing of billionaire bill foley. He joins us along with the ceo of pay safe coming live on to the Public Markets today. All right. Lets get to the senate floor, where
Eating. To seattle where the homicide rate is soaring to a 10year high just as the city plans to cut a big chunk of its Police Department budget. Mounting fallout over the assassination after Iranian Nuclear scientist. Iran says israel was behind it and pulled it off with some hightech and remote weapons. The balance of the power in the senate in the balance itself, hanging on two Key Senate Races in georgia. Also tonight well tell you why President Trump made significant progress in attracting hispanic voters to the Republican Party despite liberals saying he is antiiimmigrant. Im gerry baker in for elizabeth macdonald. The evening edit starts right now. Gerry we begin with the latest on that cdc meeting over who will get the covid19 vaccine first and when. Blake burman is at the white house for us. Blake what is the latest . Reporter gerry, this is an Advisory Group that helps out the cdc, acip, Advisory Committee for immunization practices. After a lengthy discussion a short while a
Wednesday. Feels like a friday on after the bell. Lets look at the news thats happening at this hour. Team coverage with more on the markets. Hillary vaughn, covering the president elect. Lets start with you, the day before thanksgiving. What are we seeing . We are seeing a retreat partially for the s p. The dow transports, all retreating from record highs but the dow closing at 29872 on track for november since 1928. Youve got to go back really far. The nasdaq, first, record close september. 12,000 94. The first force was this rotation weve seen for the week out of tech to cyclicals that reversed today. Energy was your worst performer and tech was your second best performer. The second we noticed is the Economic Data that poured in this morning. That was a reality for many investors. Jobless claims rose for two weeks in a row. The First Time Since july, 778,000 americans filing for firsttime unemployment benefits. Claims rose the most in states where infections also rose the most. Min
Hour. Fox Business Team coverage. Blake burman in washington today, Hillary Vaughn in wilmington, delaware. The president elect is meeting with a group of governors. Grady trimble in chicago where businesses brace for more lockdown related loss. First we start with Lauren Simonetti about the new cdc warning about thanksgiving travel. Lauren . Lauren good to see you, the cdc is urging americans not to travel for thanksgiving one week from today. Were in the worst of the pandemic yet. Over one million americans infected in the past seven days. 80,000 in the hospital. Still look at these numbers. 50 Million People will hit the roads to see family and friends next week. While that is 10 fewer than last year, it is still a large number of people traveling. Nearly all of them, 95 will be traveling by car. So if you are hosting a gathering, this is the cdcs recommendation. Keep it small. Keep it outside. If youre attending thanksgiving gathering, the cdc says bring your own food, drink, plate
We have foxbusiness Team Coverage with blake burman at the white house. President elect bidens transition. Gerri willis standing by but we begin with jackie deangelis. Good afternoon. Good afternoon. History is being made right before our eyes. Dow about 30,000. I think is interesting today, not just the dow but look at the s p 500 on a percentage basis of a little bit more and even the dow industrial. 500 is broader than the dow 30. You can see this was a big broadbased rally across the board. I think that is important. Look at the dow winners because it gives you the sectors, energy is moving today, we see the financials moving higher today. Walt disney is a big winner today but it wasnt just stocks, it was oil as well. Over 45 a barrel, disclosing under that level and it took the Energy Stocks up because the investors are basically betting on recovery for the economy and that means more demand for oil and that means these companies will do better. Having said that, lets take a pause