Administration. President trump still refusing to concede but suffering more devastating defeats in court over the weekend, admonished by a judge he appointed, and the lifelong republican who ran Election Security for his administration now calling his claims of a rigged election farcical. Also, president elect biden suffering a fracture in his foot. How it happened. Major storm on the move. The big travel alert as millions head home after thanksgiving. Plus, the tornado threat from North Carolina to new jersey. Ginger is tracking the latest, and where you might see snow soon. Hanging on. A missing boater finally found clinging to life. The latest on the amazing rescue this morning. Fiery escape. The formula one driver walking away from this explosive crash. Slamming into a metal barrier. His car splitting in two. What he says saved his life. And game over . The socalled grinch bots stealing christmas, buying up some of the hottest items of the year and selling them at nearly double th
Joe biden set to receive his first president ial briefing. President donald trump still trying to convince the country the election was stolen. But a former official sets the record straight. There is no indication or evidence there was any sort of hacking or compromise of election systems on, before or after november 3rd what chris krebs is saying about being fired by tweet for speaking out tensions high overnight a funeral held for irans Top Nuclear Scientist assassinated in a targeted hit, irans leaders are now vowing revenge and to carry on his work. Monday mess, a fastmoving storm targeting the eastern half of the country with strong winds and rain and yes, even snow. Al has the forecast. And 9 billion spent on black friday alone, setting the stage for what could be the biggest cyber monday ever. This morning, where the deals are today. All of that and plus amazing escape. And there is a big fire there. A racecar bursts into flames and the race driver is emerging from those flames
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
Nasdaq. Now, here are the negative for stocks today. Dr. Fauci suggesting a lockdown christmas. Why . With all the traveling and celebrating we did over thanksgiving, its expected to produce a new round of infections that will in turn require a new round of restrictions. Well have more on this throughout the show. I get the impression were being treated like children, punished for celebrating our national holiday, but dont get me started. One more item. The biden team takes shape, very similar to the Obama Biden Team that left Washington Four years ago. Neera tanden could go to the budget office, Jared Bernstein expected to become a president ial adviser, he was Vice President bidens chief economist, and back to the future . Sure looks like it, doesnt it . On the show today, the priceline ceo offering deals to get people back to travel. The waffle house ceo, hes pounding the table, keep dining rooms open, hes pleading. And mrs. Fields cookies, their ceo somehow has to replace the reven
Christine lagarde, president of the ecb, moderated by Francine Lacqua. Francine what a great pleasure to be here with Christine Lagarde, president of the European Central bank, and welcome to the forum here at bloomberg. Everyone is talking about the vaccine. How will that actually change your forecast and the economy if we do get a vaccine early next year . Ms. Lagarde it is lovely to see you and to participate. To your question, i am not sure it is going to be a major game changer for our forecast, simply because what we had anticipated in our baseline was that some stage in the first half of 2021, there would be a vaccine, and that it would be rolled out in the course of 2021. So it might be a little back celebrated a little bit accelerated given the news we are receiving from the various horizons, germany, the u. S. , but i dont think it is going to be a game changer, so to speak. I think that our forecast is being revisited all those times we speak, and we will be releasing on dec