Recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate or economic outlook since the pandemic began. Investors have cheered the cut, the Dowjones Industrial The Dow Jones Industrial Average the Dowjones Industrial Average 500 rising to a new all time high. More from new york. Record high, a day after the Federal Reserve kicked off its easing cycle. The 500 Euros i. 7 easing cycle. The 500 Euros 1. 7 and extending this years gains 20 meanwhile, 500 points topping 42,000 For The First Time and the majority of Industry Groups close of the session higher and sharing outperformed as the Rate Cuts spurred investors to attend to a risk on Mood And Tesla gained 4 and more than 7 respectively in stocks traditionally tied to this also jumped in the giant industrial Home Depot also gains and better than expected to data adding to the optimism suggesting the Labour Market r
Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th
Vaccine for use by all adults in the 27 country block the u. Has also agreed to control exports of that scenes from the blog arguing it needed to do so to ensure its own supply lines follows a growing dispute between the e. U. And the company about a supply shortage its a real pleasure to be here and to announce the carriage positive opinion for the authorize ation of the astra zeneca covert 19 vaccine this expand the range of Vaccines Available to you and a Member States which will all help to bring the pandemic under control and protect the citizens of the e. U. We now have 3 vaccines that have been developed and recommended for purple approval against a disease that we did not know one year ago. Drug from johnson and johnson is expected to apply for merges use authorization for its vaccine in the United States next week it says its single dose japp appears to be at least 66 percent effective in preventing cave 19 the dutch court of appeals has ruled that Oil Giant Shell must pay com
Announcer tonight on late night with seth meyers john oliver, awardwinning sports announcer joe buck an allnew a closer look, featuring the 8g band with fred armisen and now, Seth Meyers Seth good evening im seth meyers and this is late night. Hows everybody doing tonight . Well, thats good to hear. Lets get to the news. President trump on tuesday granted a ceremonial thanksgiving pardon to a turkey named corn no such luck for the turkey named cohen. Following the news yesterday that the stock markets Dow Jones Industrial average hit an alltime high of 30 thousand points, President Trump interrupted a White House Press briefing to take credit for the milestone. Dude, its because youre leaving. Thats like Harvey Weinstein taking credit for how much safer everyone feels in hollywood now. According to a new poll, 60 of voters would support president elect joe biden canceling up to 50 thousand of Student Loan Debt per person perfect for everyone who went to nyu for a week president elect j
This is a boom bust the one business show you cant afford to miss. In washington coming up u. S. G. D. P. Close out 2020 at its worst rate since 1046. 00 and shrank by 3. 5 percent and the game stop saga continues as robin hood and other Major Trading partners are stressed in trading as the battle between wall street and small investors continues well explain what this means for future trading with the us pros with christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as y