President trump speaking publicly for the first time in more than a week touting progress in the production of a vaccine. This is five times faster than the fastest prior Vaccine Development in history. But threatening to withhold it from the state of new york because of governor Andrew Cuomos concerns. The president also refusing to concede the election, shutting out president elect joe bidens Transition Team. How will it affect the next administrations handling of the pandemic . Well talk live to a member of bidens covid advisory board. Was she tricked . New questions swirling this morning about Princess Dianas blockbuster interview 25 years ago where she spoke candidly about her troubled marriage and the challenges of the crown. Those stories, plus tis the season. The Rockefeller Center Christmas Tree is making its grand arrival, wrapping up the 170mile journey with an nypd escort to its new home in the heart of new york city. Something joyful to celebrate today, november 14, 2020.
Lineup of guests coming. Federal reserve vice chairman will join us exclusively in a few minutes for his first interview since last weeks fed meeting. Well also pespeak with the ceoo human there is a and a massive afternoon of earnings headlined by disney, ea, beyond meat and activision and well peek with actvisions ceo ahead of his Earnings Calls after the numbers come out as i said, were at 1. 9 with 59 minutes left lets moex fowlkes on the big stories. Meg has new developments on the treatment and vaccine front but mike, lets kick things off with you in the markets yeah, another day of fairly orderly levation in the indexes. Today its a broader rally even though its been led by the big tech stocks. A chart of the s p going 50 0 going back a year, were back up to the upper end of this crash levels last september, october, sort of going back to early 2018, an area where we gave a little friction to the rallies, but clearly, a market is acting as if big investors feel u underexposed to
Mountain and pacific, thats 202 7488001. We welcome your comments by text. Thats 202 7488003. Nd on twitter we are cspanwj your Facebook Comments are welcome, journal cspan. Org facebook. Com cspan. Members of congress, as we know, saying that the house will be back until may 4. Our capitol hill producer theted yesterday about white house plans, a 10 00 a. M. Conversation with the members of the house. At 11 00 a. M. , president hosting a phone call with members of the senate. Cnbc posting yesterday about the president s briefing and his indication that the u. S. Has passed the pico coronavirus outbreak. Peak of coronavirus outbreak. Host the report says that President Trump says the u. S. Has passed the peak of the infected asich has we mentioned more than 632,000 people in america. We will update those numbers for you momentarily. Heres what the president said yesterday in his briefing. [video clip] American Society is engaged and mobilized in a war against a invisible enemy. We must
This morning that the economy added 224,000 jobs last month, far more than expected. The Unemployment Rate ticked higher to 3. 7 , in part because more people enter the labor force, but that number is still historically low. And while thi latest jobs report is clearly positive news about the economy, itay make it harder for the Federal Reserve to cut Interest Rates at its meeting later this month, and that sentiment pulled stocks back from their alltime highs we hit onednesday. Do industrials fell 43 points to 26,922. Nasdaq was down 8, the s p slid by 5. Ylan mui h more on americas employment picture from washington. Reporter americas jobe market is ogain red hot. It even surprised president trump. Numbers this t morning. Jobs. K it was 224,000 those were really unexpectedly good. And our countryes contio do really well. Really, really well. So were very happy about it. Reporter businesses across almost every sector of the economy added jobs laston. Professional services added 51,000
Were close to setting a record for Second Quarter and they did that here are the important numbers people are focusing on this afternoon. Total deliveries at 95,200 the model 3 numbers, this was what everybody was focused on of all of these, 77,550 for some context here, wall street expected 74,100 so they blew past that number. Model s and x stronger than expected, coming in just over 17,000 theres good news regarding the backlog. In the release, tesla says orders generated during the quarter exceeded our deliveries, thus we are entering q3 with an increase in order backlog. Elon musk said for sometime theres not a demand problem now theyre saying there really isnt a demand problem we are seeing an increase in the number of orders that are out there. This is the chart that shows the increase in model 3 deliveries remember how it fell off in the First Quarter . Thats what sparked everybody saying, look, there might be a demand issue here, why are they not fulfilling as many deliveries