Lockdown in wales will last for three more weeks at least but children could return to schools there after the february half term. Around 300,000 people are expected to leave hong kong for britain using a new visa route which opens on sunday. Investors respond with outrage after Trading Platforms halt the buying of shares in the us games firm gamestop and other companies. It follows days of frenzied trading that led to a massive increase in its value. Hello and welcome if youre watching in the uk or around the world. A new Coronavirus Vaccine has been shown to be 89. 3 effective in large scale uk trials. The novavax jab is the first to show it is effective against both the uk and South African Variants of the virus. As you can see from this graph, the uk has secured 60 million doses of the jab, which will be made in stockton on tees. The doses are expected to be delivered in the second half of this year if approved for use by regulator. Meanwhile, the European Medicines Agency will mee
Those that were hit hardest early by the pandemic continue to hire back and the Unemployment Rate has declined to ten. 2 percent but we have a long way to go despite the solid job gains last month the past three months we are still down about 13 million jobs we still have not recovered about half the jobs lost. Ten. 2 percent unemployment is pretty tough. Just for context to go back to the financial crisis ten years ago the highest Unemployment Rate was 10 percent on the nose and that was for one month. We have a long way to go. Then to point out what makes me nervous is the rate of improvement have slowed the june job number four. 8 million jobs added. The rate of employment is flowing and that it will take a long time to get back what we lost in march and april. Host do think that rate of improvement to the numbers we are seeing do not show theme effect of the states have to shut down again . Yes. It was reflected in part because its we saw these gains and then the re intensification
Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reached a trough in the data plus, well speak exclusively with jim fiterling as the Company Releases a return to work playbook but lets focus in on the big stories were watch ing today. Mike is tracking the Market Action courtney has highlights from retail earnings. Mike, you and the market just selling you have a bit, but of course only lightly following yesterdays big rally. Actually today is i think the narrowest range intraday for the s p 500 in three months and by the way, three months to the d
Actively denounced the u. S. For what it calls the illegal trespass of a warship off the she shot islands it doesnt stop there though china is now putting the United States on notice that its willing and capable to defend itself and then suggested that the United States should put aside its quote cold war mentality and take time instead to test and quarantine and sailors from further spread of covert 19 those are chinas words now this is a further escalation of the South China Seas controversy so let me help you visualize this ok lets do this lets go over to the map were going to show you 1st of all lets start by explaining where this is she shot island is because most people look at this and theyre starting to wonder where were talking about its right over here is part of the paris cell island by the way hes islands are tiny so its not like we could even show them on the map of we wanted to use ones off the coast of vietnam. Little further south these are the Spratly Islands and these
Actively denounced the u. S. For what it calls the illegal trespass of a warship off the she shot islands it doesnt stop there though china is now putting the United States on notice that its willing and capable to defend itself and then suggested that the United States should put aside its quote cold war mentality and take time instead to test and quarantine and sailors from further spread of covert 19 those are chinas words now this is a further escalation of the South China Seas controversy so let me help you visualize this ok lets do this lets go over to the map were going to show you 1st of all lets start by explaining where this ashish island is because most people look at this and theyre starting to wonder were talking about its right over here is one of the pair of cell islands by the way hes islands are tiny so its not like we could even show them on the map of we wanted to this ones off the coast of vietnam little further south you. These are the Spratly Islands of the paraso