To the likes of boeing. 3 . Asdaq is down microsoft down half a percent. Several stocks rallying big, mgm resorts up 13 after the onlinestake for gaming portion. Twitter is up as well. They are in the mix to buy tiktoks u. S. Operations. Action overump took the weekend to extend economic aid, diverting disaster money to boost unemployment and payroll taxes for some workers. Executiven what to orders mean for the markets and the population, we are joined by wealthwise financial ceo loreen gilbert. What thoughts come into your head when you see these executive orders that may or may not even go into effect . For investors, it gives us a level of comfort that they will be ongoing support for our economy. We know we are not out of the woods yet. For those millions of people who are unemployed, having that extended unemployment benefit will keep consumers being able to spend. That is positive for the economy. While congress is trying to fight it out on what that stimulus package will look l
Fox Business Team coverage with berm blake burman in washington and Edward Lawrence on the latest visit to north carolina. Reporter he have went to the fuji film biosciences plant in north carolina. The health and Human Services department, 265 million deal, side deal with fuji film for another plant in texas to ramp up production of the vaccine there. Fuji film has done a deal with novavax, specifically for the phase three trial. Theyre going to provide all of the clinical needs for that trial, it is part of the 1. 6 billion that federal government gave novavax for this. The federal government saying, vaccine production are taking place at the same time, and that is saving time. Not only is operation warp speed accelerating the development of a vaccine, were also directing a colossal industrial mobilization to insure its rapid delivery. Nothing has happened like this since the end of world war ii. Reporter novavax never delivered a vaccine to the market but showed enough promise to be
Generations. Indulge on the margins, but we dont systemically, foundationally address the root of the issues. We dont tear out the institutional racism from all of our institutions large and small. We dont. We know that, and the Community Knows that. You are seeing that manifested in the streets the last five days. We know that. Deeplystion is, do we understand that . Are we prepared to do something differently about it . Each and every one of us watching, what are we going to do differently in the long run to do justice to this moment . People have lost patience because they have not seen progress. If you are out there saying ,eople need to be patient people have lost patience for a reason. They have been told that over and over again just in the 52 years i have been around. My grandparents generation heard the same, just be patient. Quoted dr. King ad nauseam. The arc of history bends toward justice. We have made progress. But this is a manifestation of everything we have been promot
Net change, down. Thats good news. Intubation is down, thats good news. Covid hospitalizations, new ones, flat, up to a tick, not good news. What we are watching right now is how fast it climbs and how low it goes. We would like to see it in the low hundreds, ideally, of new cases every day. Death rate, terrible news. 330. You see the decline has been slow at best. And still disgustingly high. So, we are making progress for sure, but we are not out of the woods yet and we are proceeding with caution. There are signs of caution out there that we should Pay Attention to. Singapore is talking about a second wave, with 900 new cases. This is after they controlled the beast. They were on the decline. They are now looking at new cases. Germany is a situation we should also watch and learn from. They relaxed and started to reopen and they are now seeing an increase. These are interesting. The rate of infection, which is what we watch, was at. 7. One person infecting. 7 . Obviously less than o
Unique. Take hiv. E, lets we showed hiv was the cause of aids. This was hard because the virus is hard to find, hard to grow, and the disease does not show up until years later. Establishing strong evidence to get people to say, this is it was not easy. Number this virus, sars 2 it is easy to find. It replicates so much that it is obvious and quick to cause disease. You do not argue about whether this is the cause. They present different challenges. People have said they have never seen anything like this. Yes in terms of the social angle but of course there has been epidemics like this. We just have to broaden our Knowledge Base or just read over the course of history of medical science. The great flu of 1918 was worse. It killed a quarter of the world. Rnae are viruses that carry dna that are subject to more mutation. Infectiousways more so each one is a problem. What is unique . The social impact in our lifetime. The magnitude of it. What is unique it is not unique but what a specia