The last hour after fed chair Jerome Powell and treasury secretary Steven Mnuchin did the same in a hearing before congress. It comes as the cdc panel is meeting right now at this very moment to decide exactly who will be the top priority to get the first doses of the coronavirus vaccine. And then who gets to be in the levels after that. We are going to get you a live report. And one russell 2000 company is making a huge transformation from an Artificial Intelligence chatbot giant to the bank of the future. The ceo of live person introduces us to bella, the banker with a twist. Youve got to hear this. If cryptos are too cryptic for you, you are missing out on the bitcoin boom. The ceo and cofounder of chainalysis is here to explain how he makes Bitcoin Investment secure for everyone from wall street whales to the u. S. Government and irs. You got to meet this company. We are t minus 58 minutes from the cdc voting on just who should get the first batch of covid19 vaccines. The belief is
Years. That is the best month of the year, im connell mcshane. This is the closing bell. Time for news of the hour. Jackie deangelis in new york, blake burman in white house, Hillary Vaughn with the president elect in delaware and Edward Lawrence in washington with the latest on the covid19 relief deal. A lot of moving parts well get into. The market is back in rally mode. Good afternoon, jackie. Reporter good afternoon, connell. Well talk about the records we set today with the s p 500 and also the nasdaq. Look at the gains there we beat what we were expecting handily. You only needed 16 points on the s p and only needed seven on the nasdaq. This was a strong broad based rally today what is interesting big tech continues to gain on this momentum and continues to go higher from there. Facebook, apples, amazon, microsofts of the world are continuing to climb up. That is something you expect to hear. Again it wasnt just tech, it was broadbased. Look at the dow winners you can see we have
However, our First Priority is always to protect the publics health, and the way that we do that is by preventing spread of this virus. Reporter today really is its bad those news, but it is a call to action. Its our time to act. And i know a lot of people feel like theyve done everything they can. Were asking those who have done everything you can to do a little more. Reporter still at this restaurant, they worried about how to keep the staff, that are like family, and as the weather gets worse, theyre hoping diners will still consider outdoor seating with heaters an option. We need people coming to the restaurant asks dining, and if we dont have that, we will not have that revenue, so it is hard. Reporter the new rules take effect tuesday at 12 01 a. M. Santa clara said they will be in the purple tier not long after, unless they get this surge under control. Contra costa county putting some of its coronavirus restrictions back in place because of a spike in days of virus. 50 team in
This is abc7 news. [ chanting this is what democracy looks like] many of them ready to vote for the very first time and want to make sure their voices are heard at the ballot box. Good evening and thank you so much for joining us. Im dion lim. Count them down, only two days left before the election, and the final push is on to get out the vote across the bay area. Youth voter turnout could be pivotal on tuesday. Abc7 News Reporter Cornell Barnard joins us live at San Francisco city hall where young people took to the streets today to make sure their voices are heard. Cornell . Reporter yeah, dion, they really did take to the streets of San Francisco. Many of them are firsttime voters, and they say that they know that they have the ability to make a change on tuesday. [ chanting ] reporter election day closing in fast, young voters are feeling empowered. This event called march for our future made its way through San Francisco sponsored by youth advocates for change. We are two days fro
213 the states. That are lightly shaded are the ones are still in question this morning and to the Vice President s point. It is a bit too early to call in fact we saw one of those states change color michigan earlier this morning which was leaning towards President Trump has now shifted is now leaning towards President Biden we could see other states shift as well one way or the other depending on the final vote and it will take a few days to get that process done were joined live this morning via zoom by Jason Mcdaniel a Political Science professor at San Francisco state university. To talk about this process, good morning. So everybody was urged to be patient and yet the president went on tv. Before midnight saying we need to stop counting. The votes now and im going to the Supreme Court now. What would go to the Supreme Court for at this point. At this point he wants to try to get any ballots that mailed ballots be counted some even that level arrive later, according to state laws,