Senate but expect that to happen. Yesterday on the midday news, we were able to say that biden had confirmed that yellen was, indeed, his pick for treasury secretary. Wall street has suspected that for more than a week. She is one of the reasons the stock market has been doing so well. But this morning, as you saw on nbc bay area in that special report a short time ago the president elect made all of this official. The team im announcing today will play a Critical Role in shaping our plan for action starting on day one and move fast to revive this economy. They are going to help me help us, help the country lay out my build back better plan. Its my great honor to have this opportunity to serve you and the american people. And to join this incredible Economic Team at this moment of great challenge for our country. Reporter president elect biden has named neera tanden as the director of office of management and budget. Now, this nomination probably will not get through the republican dom
Results. We will get congressional insight all morning long. We will hear from georgia congressman earl buddy and connecticut senator rand paul. Loss of 100 points on dow futures. Markets extending slump from yesterday as more lockdowns and the threat of them offset positive news on vaccines. Its also been a big week for retails, bjs and macys reporting this morning all the numbers as soon as they hit the tape. Working from home may not save you money. Why paying a new tax while working remotely. A little holiday decorating can carry you through some tough times making a buzz this morning. Mornings with maria is live right now. Dagen european markets feeling the sting of more lockdowns, red across the board in france, england and germany, all down about 1 . Mixed story in asia overnight with fractional moves there. Kospi and south korea shanghai to the plus side. Cheryl casone has all the news that you need right now, good morning, cheryl. Cheryl good morning to you, dagen. United stat
Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Political benefits. He also frequently attended comedies at fords theater and he was known for telling jokes, for his witty stories and selfdeprecation. The ability for a leader or politician to laugh at oneself and at politics more broadly is a hallmark of our democracy. In humor we not only have a to callvalve but a way attention to ideological differences while still maintaining the balance of democratic discourse. Today in these polarized times and as we head toward a president ial election we bring together a panel known for their ability to laugh about the business of leadership and politics. I am pleased to welcome our distinguished guest today. Log before Stephen Colbert and jon stewart mark russell dared to joke and sing about the often absurd political process. Though he actually knew little about politics when he first began performing russells ability to find humor in anything made him an immediate hit. His career spanned from a piano is mark0 years working russell comedy s
Is theail sales number only surprise i suppose. Juliette that is quite interesting given this had been this consumer driven recovery and the positive numbers we have seen and domestic travel. Gold is a miss. Still seeing the incredible strength coming through in offshore youuan. Onhave been seeing a risk momentum coming through in equities across the region. Signing havinghe a positive boost to markets. We are seeing momentum on the asiapacific index. It is going to close at a record high. When we look specifically at Chinese Markets themselves, we did have the csi 300 already near the fiveyear high. The csi 300 a little weaker, down by a 10th of 1 . Korean airlines coming out and saying they are going to to buy. 8 trillion yuan an airline. Raising 2. 5ng to be trillion. That is a bit of corporate breaking news. Lets get over to julia. She is at jp morgan. Thank you for joining us. What was your main takeaway . Controls glance have been maintained. Still looks like their recovery is pr