Colors only on cbs this morning. The singer reveals the lineup for her latest concert to help lgbtq kids who dont have a home. Its a good one, but first, heres todays eye opener. Its your world in 90 seconds. I want to be very frank to the american people. The vaccines critical. But its not going to save us from this current surge. The sweeping new lockdown in california. Doctors and nurses across the country are being pushed to the brink. Were not likely to see a peak in the number of infections in hospitalizations until probably at some point in the middle of january. As bad as things are right now, theyre going to get a lot worse. Rudy giuliani says hes getting great care and feeling good as he recovers from coronavirus in the hospital. President elect joe biden is poised to nominate California Attorney general Xavier Becerra as health and Human Services secretary. To the last line of defense. All eyes on two critical runoff races in s is in georgi will determine which party control
hello and welcome to our viewers joining us in the united states and all around the world. i m bianca nobilo. welcome back. thank you very much. i m max foster. it is 11:00 a.m. in gaza where israel and hamas have agreed to extend the temporary pause in fighting for a seventh day. the news came just minutes before the six day truce was set to expire. israel says it agreed to extend the deal in light of mediators efforts to continue the process of releasing hostages. we ve now learned that israel has received a list of people to be released today. the conditions for extending the pause, ten hostages to be released every day. if hamas meets is that commitment, it is their commitment, the agreement negotiated through the united states, the good offices of president biden, he was crucial in getting this deal, if hamas releases ten israelis, that means the pause can continue. we won t play games here. we re not going to play games with the lives of our people. hamas kno
Francine Warren Buffett says equities are less attractive than they were but still beat bonds. And theresa may says she will lead the tories into the next election, but does anyone believe her . This is bloomberg surveillance. Certainly a packed show, packed week actually for an end of august kind of feeling. It has been quite busy in terms of news. This is what im looking at in the markets. Stocks advanced on a rosier picture for the growth outlook. We had pretty good economic figures out of america. The chinese economy seems to be holding steady. The u. S. Administration sent different signals on north korea, which means that a little bit of the nervousness has been taken off. Among all other asset classes, dollar seems to be studying. Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra Tropical Storm harvey has closed down almost a quarter of u. S. Oil refining capacity, flooding and power failures reduce americas feel making capacity by about 4. 2 Million B
Below estimates. The present situation index falling from the prior month, 120 6. 1. Expectations falling slightly. Confidence is slightly lower than prior months. We are seeing stocks hold steady. 3 . In from one quarter to the small caps continue to if not outperform, at least pace the gains we were seeing elsewhere. Small caps reattaining records yesterday. Take a look at the bloomberg for another way to look at that. The s p 500 in blue, the smallcap index in white. We have been looking at the russell 2000 periodically. We saw the small caps make a new record yesterday and continue to rise today. Over at oppenheimer has said could beuld be a sign of optimism. On the individual front, newsmakers including redhot secondquarter estimates beating estimates. Cloud solutions also completions of large deals in video rising after the companys ceo said in china at a conference that in video would provide chips to power Artificial Intelligence for alibaba and tencent. Echo fax, we talked abo
Reporter who documented abuse by priests. And how small towns across america are preparing to host for eclipse watchers. Some may need the National Guards help. But first your world in 90 seconds. What about the alt left . Do they very in semblance of gift . What trump did today was a moral disgrace. What i just saw gave me the wrong kind of chills. I have too much eye makeup on to start crying. Its disgusting. The leaders will have to distance themselves from the president. The question is how do they get back together. You look at both sides. Theres blame on both sides and i have no doubt about it and you dont have any doubt about it either. Diplomacy seems to be winning out. Whether they escalate or deescalate the rhetoric, the capability remains. Rescue workers are still searching for victims who may be under the debris. The hope is to be able to find any one of them alive. In portugal a fatal accident. A tall tree falling into a crowd. Hes issuing an apology over an auction sellin