Cases are stuck. If you go back into lockdown, you will have a revolt. I am more interested in china. We broke the story that they are looking this was reuters they are looking a little more when it comes to renminbi. I did spend a good of time looking this up, on sunday, china clearly said it was trying to push to have a bigger international this means more pboc report. Reutersst report from we broke saying that china will remove a countercyclical factor in the yuan bay point in that direct and may point in that direction. Halt, shelf will its plan to let hedge cut to let hedge funds conceal stock holding. That is a big decision. That is just breaking. Thatll have to see where leads this morning. Futures up six. Dow futures up 20. We will do the data check in a moment. But now, first world news with ritika gupta. Ritika Amy Coney Barrett has been sworn in as a justice of the supreme court. Boothsst of two required administered. Every republican but one voted in favor. Chief Justice Jo
Lets break it down with mike mckee. Is a it is michael it little bit odd. On the headline, 100. 9 is lower than it was in the month of august or september, rather, when it was 101. 8. You would expect that maybe the present situation would be causing people concern because of the coming closures of some businesses as covid cases spike but the number comes in at 98. 9 at up from 104. 6, up from 98. 9. Turnabouting quite a in the way people are looking at the economy. The interesting thing here is this bemay see is reasonably good news for donald trump because if you are looking at the economy, stupid, as the old saying goes, you are looking at the economy as it is right now, and the economy as it is right now is better. The employment number is something Everyone Wants to look at in the set up to next week. Jobs number is an improvement, so those who think we are going to have a dismal jobs report next week might be in for a surprise, at least according to the underlying Consumer Sentim
Screen completely different from yesterday and will call it a modest rebound but it was the big tech stocks that fueled the selloff in today though stocks also seen a modest rebound, certainly not recovering the losses theyve seen over the last three days but nevertheless they are back in the green. Take a look at tesla, that stock has lost around one third of its value in just one week. But look at it go today up nearly 7 and by the way well talk to the former Vice President of tesla coming up in this hour. Also tesla rival nikola solid spike after announcing the partnership with gm and come up will talk to the company ceo about the electric Vehicle Market in the fierce and growing competition. Meanwhile talking about competition in the race for the white house joe biden traveling to battleground states michigan to tout his new made in america plan, this ahead of the president s visit tomorrow and this morning by the way President Trump nominated for a Nobel Peace Prize by a member of
The Senate Committee held a confirmation hearing for several underground divisions including Inspector General and deputy undersecretary for intelligence and security. Some of the topics covered the Committee Hearing included whistleblower protections, election interference and servicemember misconduct. The meeting will come to order, we consider the nominations of mr. Jason, Inspector General of the department of defense. Mr. Lucas to be assistant secretary of defense that Nuclear Chemical biological and defense rooms and mr. Lewis to be assistant secretary of defense special operations. I think everyone for being here today, let me briefly say these people are and i think we have a great bunch that is certainly qualified for the mission they are accommodated for. Senior advisor, u. S. Customs and border protection, you have extensive experience leading litigation as part of the Inspector Generals offices for the federal Housing Agency and the u. S. Department of housing and urban Dev
Defense department. This is live coverage on cspan 3. Mr. Louis bremer to the assistant secretary of defense special operations. We thank everyone for being here today. Briefly say who these people are and i think we have a great bunch that is certainly qualified for the admissions that theyre nominated for. Mr. Abend, youre presently the southeastern adviser to the u. S. Customs and Border Protection and you have extensive experience leading the investigations part of the Inspector General offices for the federal Housing Finance agency and the u. S. Department of housing and urban development. Youve been former secret Service Agent with in the winter of the 2015 council of Inspector General award for excellence. Mr. Hansell, you are currently an associate director of the Boston Consulting Group in its north American Public sector, having previously served as the special assistant to the president for National Security affairs and a senior director for national threats, transnational t