The next 100 days. Tom the transition challenges are simple. He needs a single letter out of gsa and that has not happened yet. We will do with Greg Valliere a on this in a moment. There are still four states with under a 1 count, and that is really what matters around all the hoopla. Francine it certainly does. Lets get straight to the bloomberg first word news in new york city with ritika gupta. Biden is launching his transition effort while President Trump continues legal challenges over the election. The news media declared biden the winner of the president ial election on saturday. The former Vice President won or was leading in states that would give him more than 270 electoral votes needed for victory. Meanwhile, the president has falsely claimed victory whilst saying there was widespread in legal voting. He has not offered any evidence. President elect joe biden will take the first step to one of his Biggest Campaign promises today, to bring the Coronavirus Crisis under control
Points higher right now. The s p 500 looking to open little over four points higher lets show you what happened over night in asia as well maybe were pushing a little bit i was going to say, i thought it would be the opposite situation but the hang sang off little over 1 almost 1. 5 . Shanghai composite down. European equities as well right now. We see whats going on there there you have green arrows across the board finally the number that Alan Greenspan says he likes to look at, treasury yields. Show you where things stand. Thats a sad i look at all those things its a sad commentary on our life. I dont know if its sad. Sad that its the first thing i do oh, to see before coffee, before brushing my teeth, before anything. Yeah. Shaving shaving any way, developing story this morning, over the british ship that was seized by Iranian Revolutionary guards last week, iran releasing new video over the weekend shows commandos repelling on to the deck tanker from helicopters uk leaders spent t
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Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending.