Nearly 2,000 americans died of the deadly disease yesterday, the highest death toll since early may. As daily infections now top 100,000 for nine straight days. In fact, yesterday, 143,000 plus. Businesses are faltering so we are going to take you live to chicago, the city that may be the epicenter of the next major lockdown. Meanwhile, reliance on the cloud more important to business than ever before. And we talk to a ceo about how it clears the workfromhome runway of any debris for the biggest businesses in the world. This is a fox business exclusive and they are publicly traded. Baby yoda the hottest new star in disneys Magic Kingdom but will streamings popularity have the power to offset its shuttered parks when it reports earnings after the bell . Our power panel is about to give the mouse house stock an inspection. First, this fox business alert. Even Federal Reserve chairman jay powells measured calm and assurance that the recovery has been faster than expected, not enough to so
Edward lawrence in washington. Ashley webster waits on the disney numbers we talked about. While we wait for that, edward, well start with you on the economy and the new comment today from the fed chairman. Reporter connell, Federal Reserve chairman Jerome Powell says the economic path forward will be a challenging one and includes more help from congress. Powell on a panel with European Central bankers says that Monetary Policy needs to work with fiscal policy because the size of the economic shock with the coronavirus. Ultimately it was a job to replace lost income. I would say that our congress stepped in and there hasnt been a faster or stronger response from congress to an economic emergency since really the great depression. Reporter he is talking about the first cares act at the beginning of the summer. Last week powell said, in order to get quickly back to where we want with the economy. There needs to be a another relief package from congress. It should be targeted to those pe
Philadelphia. Im sitting in front of mconkey ferry inn, that is the exact prays Continental Army stayed before general washingtons fateful trip across the delaware river. This is a historic backdrop on history in 2020. Susan li is in the newsroom in new york. Grady trimble at the polls in harrisburg, pennsylvania. Blake burman at the white house. Hillary vaughn with the Biden Campaign in wilmington. Well get to everybody. Well start with you, grady, like me youre in pennsylvania. I was out at the polls. We saw long lines in bucks county outside of philly. Some people waited well over an hour to vote. Seemed like a lot of enthusiasm, pretty strong inperson turnout at least in county. What do you see where you are . That is the same scenario in pittsburgh this morning, connell. We have video of the polling place we were at just a few hours ago. When the polls opened, there were lines that lined around the block. What youre looking at ppg paint arena. That is actually where the Pittsburgh
Were taking an ominous turn. Lets go to Jackie Deangelis following all of this and some of the restrictions being put in place to respond to this. Jackie. Reporter good afternoon to you, neil. Thats right. The market is lower because of spike in cases. Weve been talking about pretty much all week. That is after we got the news pfizer or biontech come to stronger conclusion on their vaccine it would be 90 effective. There are still so many questions about this. Today on mornings with maria the biontech founder talked about the vaccine, how long it might protect people. Roughly a year or so listen. Theres a good chance that the vaccine not only will protect us but could protect from infection or virulent infection for a significant period of time. I personally expect that the vaccine could protect us with, with protocol for a year. If we learn we need to reimmunize. We could do that after one year. Reporter meantime the pfizerbiontech vaccine was not the only one in the works, right . We
Take a look. I feel very good, we have crowds that nobodys ever had before, i think you can agree, its been incredible, crowds have been incredible, nobodys ever had it before, i think that translates into a lot of votes. [inaudible] [applause] neil we are everywhere engaging how americas responding to this longawaited day, keep in mind 100 million americans have already voted but we have Hillary Vaughn in wilmington, delaware, jonathan and atlanta, georgia, we are anywhere and everywhere gauging what are some early trends that could be profound as the day ensues, first to Hillary Vaughn and wilmington, delaware following the movies of the former Vice President. Hey hillary. Reporter joe biden says he is feeling good and last night he predicted that he will win tonight, he is still not leaving anything to chance it is not missing an opportunity to visit his hometown in scranton, pennsylvania to get the final word in, he made a remark today and scrim pennsylvania on the historic vote in