Burner as the Biden Administration and Senate Democrats push forward on a cody relief bill that some lawmakers and even leftleaning economists say could actually hurt the economy in the long run. President biden saying today its an easy choice, pointing to the latest jobs numbers as proof there is no time to waste. This as he met with 10 republican senators earlier this week who proposed a Counter Offer to his nearly 2 trillion plan. White house correspondent Kristin Fisher has been following it all. She joins us live from the north lawn from the white house with the latest. Good evening, kristin. Good evening, bret. The week started with President Biden meeting with republican senators and hoping to cut a deal. But it is ending with the president giving his strongest signal yet that he intends to move forward with his relief plan without republican support. Im going to act. Im going to act fast. In his most fiery defense of his 1. 9 trilliondollar relief plan, President Biden made it
Production next week. Now we dont know which ones are going to be built but we just know for boeing which has had rapid troubles over the past year and a half or so to say nothing of the virus shutdown here, but this is welcome news, certainly for the markets and of course the biggest advance today is Gilead Science drug that is showing promise, or could be effective against the coronavirus, its out there a number of other medical concerns that are also involved in the hunt for a vaccine or a treatment and there are a variety of them out there half a dozen is coming up here and i will explain a little bit later but its what gilead is doing thats getting a lot of attention as we stressed so many times here regardless of the stimulus around the virus, what will really move the markets and connell ly proven to be the case is progress on dealing with and or treating the virus so this gilead news is big news in need, Jackie Deangelis on that and much more. Jackie theres optimism in the mark
North carolina. For Bernie Sanders, vermont. And right now were looking at alabama with polls are just closing, and that looks like it will be for joe biden. So three of the first four contests that we can comfortably report tonight go to joe biden who little more than, what, 72 hours ago was given up for politically dead. That was then, this is now. Whatever he was able to cobble together even in states that had early voting that came before his stunning performance in South Carolina, well, one of that materialized to be a big worry for him. Were going to be digesting all these numbers besides alabama, just closing right now, the states of maine, massachusetts and oklahoma have also closed. Tennessee, which was to close at this hour because of the hurricane, a lot of folks having difficulty getting to the polls right now, they will, in fact, be allowed to continue looking for places to vote until at least 9 p. M. Eastern time, in some parts of the state up to 11 p. M. Were going to be
Definitely a flight to safety today and for the entire week when it comes to stocks in general. Lets take a look at this tenyear note, the yield on that, because it continues to move lower as investors are buying bonds, the yield moves lower. We havent seen the inverted yield curve with the three month this low since september. The concern from investors here, what theyll read into it, is that the Coronavirus Impact could potentially, potentially cause a recession, and so were getting that talk circulating back on the floor again. Meantime, were seeing a big move in gold today too, another 25, supporting the idea that people are worried about the virus, the notion that the chinese may not be telling us the whole entire story and that its moving outside of china quicker than we thought. The final point ill make about this is, yes, apple said it was going to have a big impact on its first quarter, but coke saying its going to take a penny or two off the ets, but were going to hold on to
He said he wasnt going to run but the reality was he was not closing that possibility. Where are we from there, from here . About that much closer. He filed in alabama, because there was filing deadline the last state. Stuart that tipped his hand. Didnt mean he was jumping in, but some of the things you have to do . Some of the things he has to do. He still my not run. That doesnt mean he is definitely running. We do know, the stuff weve been reporting, he is dismayed by the fact that the party is being taken over by the radical left. You know, it has gone way beyond anything that, remember Hillary Clinton started running to the left when she was faced with a pry mary challenge in 2016 from Bernie Sanders. The party, nominal frontrunner is Elizabeth Warren who is so far to the left of Hillary Clinton the party will be unrecognizable. They believe, not only if she does become the nominee, looks increasingly likely biden is fading a little bit. If thee becomes the nominee, she would lose