Heal the soul of this country so that we can effectively address this crisis as one country. Were hardworking americans have each others backs. And now to our top story at 3 and may be months before president elect Joe Biden Takes Office but hes already getting the ball rolling with a new Coronavirus Task force on the heels of pfizer announcing early data its covid19 vaccine is 90 effective. President elect joe biden says a lot of work still remains which is why Biden Announces New covid19 Task Force Washington correspondent alexandra le mon has the details. I will spare no effort to turn this pandemic around president elect joe biden says a lot of work remains to be done to battle the coronavirus pandemic nearly 240,000 deaths so far. Protecting the projections still it okay we can lose. 200,000 more lives in the coming months thats what biden announced his new covid19 task force which includes a former Surgeon General former food and Drug Administration or and a yale professor biden
The strongest week since back to april. However, you have to put that in context. Two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a giveback for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. Last week the s p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. Also, take a look at whats happening in the treasury market youll see that right now the treasury, the tenyear, is yielding 0. 812 so its stabilized after bouncing around quite a bit during the election and the election counting last week stabilized at 0. 812 andrew thanks, becky our top story this morning, president elect biden wastin
About the coronavirus, warning there could be more deaths without coordination from the Trump Administration on efforts to distribute a vaccine. From wilmington, delaware, this runs half an hour. Vice president elect harris good afternoon. President elect biden and i just met with some of our nations business and union leaders. Together they represent millions of workers across our country. And some of americas leading technology, auto, and retail companies. We had an important conversation about the impact that this pandemic has had on workers. Especially essential workers, frontline workers, who have risked their own health and the health of their families and many whom have given their own lives to keep us safe and keep our economy running. And we all know that this pandemic and this recession have hit communities of color particularly hard. Black americans and latinos are threetimes as likely to contract covid as others, and more likely to die. Native americans are more than four t
That is correct, mr. Chairman. We got to find something we can join here. There may be good reasons, im just trying to i want a global fund to be created like we have done for aids and malaria and other things to deal with plastics that we can control. I want us to look at the World Bank Program and see if we can make some contributions there. We are going to leave the hearing open to friday at 2 00 p. M. For additional questions. I just want to thank you both. I look forward to working with you on this. We are going to provide you more resources. Tell us what you think it is best utilized. Thank you. Mr. Chairman, thank you very much and thank you for the attention. Thank you. The meeting is adjourned. Thank you. Thank you so much. Today, the conclusion of a q a interview about the relationship between the media and u. S. President s. Todays program talks about president s from Franklin Roosevelt to donald trump. With joe biden as president elect, go to cspan for live coverage of the
Good morning on Bloomberg Radio, good morning on bloomberg television. Too much to talk about. You hear it within those voices, that maybe it is the morning after, and the vaccine is really not out there. Now we get into a churn of the immediate news. Jonathan it is a tugofwar between the forward outlook looking better and the nearterm outlook looking worse. A real divergence between the two. How policymakers navigate the former will allow markets to keep the help about the latter. That is the hope for the market. First half of the week about cyclical appetite. 500 downhalf, the s p 0. 6 and nasdaq futures just about positive on the day. Tom we are going to roll the data check here through because it is a mess this morning. I just saw a 93 print on dollar. That speaks to the resiliency of dollar. Weve had a weaker dollar, but we just seem to come back when the uncertainty reigns. Lisa that seems to be the theme with all of the uncertainty on the dollar. When there is a risk off feel, p