Optimism toward a vaccine. On the other hand, bonds, we have this quiet rally. The 10 year yield firmly in this range. Bonds are pricing for the possibility of nearterm challenges around virus spread, oil stocks are looking ahead. It is not clear which side is right. Theres going to be some interesting activity ahead. David thank you so much to abigail doolittle. Fast congressional action helped bring the u. S. Economy back. Theome now one of those at center of the debate over future stimulus, republican congressman patrick mchenry. He is Ranking Member of the finance committee. As i say, i think most people agree, congress acted big and fast and help bring the economy back. Now we are seeing wobbly notes. Do we need more stimulus to avoid a double dip in the economy . Rep. Mchenry yeah, i think we do and i think the Federal Reserve agrees. Art of our country and segments of our economy are doing quite well. You have other segments, like the Restaurant Industry for instance, that are j
Administration it will be, i guess time will tell. The latest on trumps legal challenges to the election and how the delay in the transition is leaving president elect biden in the dark on critical issues. Deadline approaching. Federal relief set to run out for millions of americans struggling to make ends meet. With covid cases growing as well as lines at food banks lawmakers at an apparent stalemate. Can they resolve their sticking points . And set for launch. Ignition, liftoff. The new liftoff date for a Historic Mission and the final preps under way for nasa and spacex. The two astronauts ready to make history and crew1s nod to a challenging year as they get ready to rocket into space. Hey, good morning, everybody, happy saturday. Were going to start here with the surging coronavirus pandemic. America has just shattered the daily record again with more than 193,000 new cases reported in just 24 hours. Several state and local officials announcing new lockdowns, pauses, freezes and o
Harrowing escapes and daring rescues. And convicted cult leader Keith Raniere will be sentenced today. Well speak to a victim of nxivm who said he should never be allowed to go free. First your eye opener your world in 90 seconds. The newest member of the United States Supreme Court, Justice Amy Coney barrett. Its official. Amy Coney Barrett sworn in to the Supreme Court. Today will go down as one of the darkest days in the 231year history of the United States senate. Waved the white flag. Biden told supporters the president still does not have a plan for the coronavirus and has waved a white flag. Hes waved a white flag on life if he doesnt leave his basement. New coronavirus cases hitting records every day. Activities that were brought indoors has resulted in pretty Significant Community spread. Fastmoving wildfire in Southern California forced thousands of people to leave their homes. Flames coming over the back wall. I couldnt see the back yard. Breaking news out of philadelphia wh
With pacific gas and electric have been crisscrossing napa county repairing and inspecting power lines and poles. Before turning the power back on its getting kind of old yeah as usual residents who live west of the river in calistoga have been without power. This time since sunday afternoon. Some have been through it so many times that they bought a generator to make life a little easier. Ieeping one tv going. A light in my bedroom. Light in the kitchen. Wi fi. And the refrigerator. And its not just homes west of the river that have been without power. But weiner east to like castello di amorosa still after wine tasting continues, we had a generator. That is able to any. A gift card that whole castle not only is this winery had to deal with power shut offs but its warehouse and 10,000 cases of wine were destroyed by the glass fire at the end of last month. Still they keep pushing ahead because were so used having files for the last 4 years including the whole bay area. People are now
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