Everybody thanks for being here on kron 4 news at 9 im grant lotus and im justine waltman in for vicki tonight. Now Assemblymember Phil ting and other members of a San Francisco delegation are calling on superintendents in their districts. To reopen schools as soon as possible this is new coronavirus cases reach new heights in the last 24 hours. The country has reported more than 195,000 new covid cases and close to a 100,000 patients are currently in the hospital because of covid this is according to the covid tracking project in california nearly 21,000 new cases were reported in a single day. This is the most new cases recorded in a single day in the state since the pandemic started california has recorded more than a million total cases so far. In the bay area more than 153,000 cases have been recorded and nearly 2000 people have died. And despite a surge in infections, a San Francisco delegation has now sent letters to several School Districts in the bay area demanding that school
Authorizati authorization as soon as today and well have analysis of the upcoming Holiday Season. And later on, a 170 mile trip for one lonely owl that you could call a miracle on 49th street you are watching worldwiworldwe exchange right here on cnbc fly free free bird, yeah happy friday, im democrat ni dominic chew u in for Brian Sullivan as you can see, the dow jones currently implied lower by 77 points fr so slight outperformance from the nasdaq here, implied open by six points to the up side. The major averages all snapping two day losing streaks yesterday. The dow on pace for its third positive week in a row, but just barely rest nearly flat on the week take a look around the world, a mixed session overnight any asia as you see, the nikkei down when 0. 5 and similar gains in the chinese markets. Meanwhile trading just Getting Started in europe with about half percent gains for the major forces there, including the german dax, ftse 100 and cac again, green across the screen in eur
Live now to discussion with main senator angus king who joins Healthcare Providers and Bipartisan Policy Center experts on the use of telehealth during the covid pandemic. Health team led by, Catherine Hayes and others. For those of you who may be unfamiliar with the Bipartisan Policy Center we were established a a little over a decade ago by four former majority leaders, senator bob dole, late senator howard baker on the republican side. Senator tom daschle and senator George Mitchell on the democratic side. Senator mitchell from the great state of maine which youll hear shortly his estate, very well represented here this morning. The country is indeed, indeed the world quite frankly is experiencing a once in a lifetime pandemic caused untold suffering and death. Doctors, nurses, hospitals, Healthcare Providers are struggling to provide Critical Care under some very difficult conditions. But if there is any good, and theres that much, but if theres any good to come out of this virus,
Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi and Steve Mnuchin are saying that they are making progress in their latest stimulus talks with time running short of
It appears what is called the case shaped recovery is permanently dividing the country and to haves and have nots and this seems to be acceptable for those who are the house. To discuss this and more im joined by my guest Michael Hudson in new york is a professor of economics at the university of missouri kansas city and author of through give them their debts and in bangkok were joined by steve keen hes a crowdfunding professor of economics on a tree on as well as a distinguished Research Fellow of the institute for strategy resilience and security of University College london gentlemen crossed up rules in effect that means you can jump in anytime you want and i always appreciate it ok let me go to michael in new york you know this just term the new normal. Bandied about and what really worries me is the people that use the new normal where its a normal that is beneficial to them ok and theyre not particularly concerned about it ok because i hear more and more talk read more and more