Since winning the election youre playing jeopardy with your life. Plus, an extraordinary journey of love and covid from a patient who was put in a medically induced coma hear her urgent warning. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Dow 30,000, First Time Ever, its been a great cnbc day and a historic milestone on wall street stocks surging even as america enters its darkest chapter yet of this pandemic the pain on main street cannot be ignored many families are broke, hungry, burying loved ones or saying goodbye on a cell phone screen, and relief from washington is not coming, not yet. But experimental vaccines are fueling hopes of an economic recovery, and a return to some sort of normalcy i want to show you a look at the dow. Were obviously here now, but what a road to get there, along the path, thousands and thousands with a roller coaster. You can see the middle of february right there they have shattered the gains, and all the way
Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
Strategic plans across america to deliver those vaccines safely and these doses cannot come soon enough as covid19 continues to devastate the golden state California Health officials reporting more than 35,000 new cases of the virus and 225 deaths both numbers shattering daily records more than 13,000 people are currently in the hospital thats also an alltime record and the states icu capacity is now at just 7. 9 some good news though california is expecting some 327,000 doses of the pfizer covid19 vaccine as early as monday. As part of the initial vaccine rollout the move comes after the fda authorized emergency use of that vaccine late last night. The chief operating officer of operation warp speed now praising the effort today calling it historic. For 7 months we have realized the greatest Public Private partnership in modern times. Doctors scientists researchers factory workers low just asians and hundreds more have all come together for single or purpose. That purpose save lives a
Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
Good morning good afternoon good evening. The Second Annual Schaumburg Center leader is one Literary Festival. s programs here at the Schaumburg Center coming to you live from new york city in my little one in my living room thank you for tuning in for conversation with authors from across the world life magazine profile of James Baldwin talked about where he grew up which is where he became the Schaumburg Center and said the pain and heartbreak those that connected me to all the people who are alive to introduce us to those with the joy and the sorrow and to spark the imagination and then to confront the present a plan for the future thank you to all the moderators 11 00 a. M. To 5 30 p. M. Eastern and alexandria and those thinkers who exhibit what i described previously earlier the Schaumburg Center for adults and young people i hope you will add to the list we have createds by visiting the website at Schaumburg Center one of the leading cultural institutions to research preservation