We begin this morning with President Trumps efforts to reverse the results of the president ial election. Mr. Trump fired the top cyber official after the agency he has rejected the allegations of voter fraud. Joe biden is building out his white house staff as the Trump Administration continues to block his move into office. From washington, what is on tap for mr. Biden today . President elect joe biden is going to be meeting in a virtual round table with Frontline Health care workers. Hes pushing forward despite President Trump continuing to falsely claim hes won the election. Two weeks after election day, supporters of President Trump cheered on the president in pennsylvania. I want to help support the president and what hes doing and make sure all the legal votes get counted. President trump lost pennsylvania to joe biden by more than 80,000 votes. The legal effort led by Rudy Giuliani is a long shot. Every single legal vote has been upheld in every piece of litigation so far. Last
The news at 11 00 starts right now. Good evening, everyone. Thanks for joining us. Im terry mcsweeney. And im anousha rosten. Tensions are high tonight. Groups of counterprotesters taking to the streets after President Trump supporters held a mass demonstration earlier today. That march was largely peaceful, but as night fell you can see c confrontations erupted with police trying to keep the peace. In walnut creek during a Racial Justice demonstration. Some demonstrators were even seen burning flags reading trump 2020, the culmination of another politically charged day even two weeks following the election. Nbc bay area Sergio Quintana has more. Reporter in washington, d. C. Clashes tonight after thousands turned out for a rally for the president and counterprotesters mobilized to confront. Them in one incident someone appears to throw a firework where a group of Trump Supporters had been dining, but its unclear what led up to it dramatic scene. The confrontations punctuate what had b
Senate. Were monitoring a anomaly happened in the markets here. You heard about negative Interest Rates abroad. That is almost Standard Operating Procedure particularly if europe. We have them here, yield on one month bill, three month bill, below zero percent. You effectively paying the bank for the honor of holding your dough. It is an anomaly. It worry as lot of folks who seem to think if this become as more established trend it could be a real problem. This, sort of statistical quirk is something were following because it is just limited to really the shortest and most immediate side of the socalled yield curve. It has not hit anything north of the one year and 10year, stuff that we follow closely. But it its something that has now happened for the first time in American History but if the stock market is worried about it, again as i stress, it has a funny way of showing it. Back to capitol hill. Well be monitoring that. Also monitoring what is happening on the floor of the senate
Basis points. The sale is not escape in the u. S. He vix, 6 the fed warning about assetg bubbles. Gold pretty much flat. David President Trump addresses the people of poland in Krasinski Square. Then he will leave for germany for the g20 meetings. Adp Employment Data pointing towards the friday payroll data for the United States. 15 minutes after that, a national jobless claims for may. The fed governor jerome paul will speak about post Housing Finance reform. Said vice chair Stanley Fischer speaks on government policy and Labor Productivity in massachusetts at 7 30 p. M. Eastern. Alix it is good to see you. Split on the timing of the Balance Sheet unwinding on inflation but agreeing over concerns of asset bubbles. Some suggest increasing risk tolerance might be contributing to elevating asset prices broadly. The market volatility coupled with a low equity premium could lead to a buildup of risk to Financial Stability. Noining us is the morgan i want to start with you. Are we assuming
Looking for a bit of a down open, perhaps. Crude oil, where is it . Where is it . I want to talk about the cushion and things i heard yesterday about the im there. Below 50 again on the allimportant wti. And the tenyear, after yesterday, of course fed minutes, we saw prices up yields down. And we are still lower certainly than we were yesterday at least because i remember we were at least 2. 1, if not almost 2. 2 on the day. Our road map starts with walmart, earnings beat on the bottom line. And this very important announcement, its going to raise the pay for roughly 500,000 employees. The markets, well volatile. Yes, they are. Premarket germany rejecting greeces debt plan. Oil is sliding. Earnings beats from tmobile marriott priceline. Those stocks moving higher. First, lets get to carl. Hes in arkansas. Hes got more on todays news from walmart. Carl . Yeah interesting, david. The quarter looked pretty good 1. 61 beats 1. 54 estimate. U. S. Comps up 1. 5, better than expected. Recall