Shoppers are spending more during each visit during the pandemic which is good news for target. That is a bright spot in otherwise down day on wall street. Im Connell Mcshane. Welcome to after the bell. You know the numbers after the bell. We have time for the news that is happening at this hour. Fox Business Team coverage, blake burman is in washington, we have Jackie Deangelis in the new york newsroom, Ashley Webster coming up as well watching some of the new restrictions on business ahead of the holidays, well get to that in a moment, but, blake, lets start with you. Whats the latest. Reporter big news out of pfizer today, connell, 95 effective and safe that was the news out of that company as it relates to the covid19 vaccine candidate with pfizer saying they could apply to the fda for that emergency use authorization here in the coming days. Here is what pfizer said this morning about that covid19 vaccine that they are putting forth. They wrote, quote, to date the Data Monitoring
China here in northern california. Good afternoon and thank you for joining us. I am kenny choi. And i am michelle griego, we are live in sa agency the bay area has become an frepicn enteo r e ciof scer reporter they say there are a lot of targets here with Silicon Valley and this is a hayward man they arrested accused of being a secret spy for the chinese government. This man is a United States citizen who lives in hayward originally from china, 56year old man or edward is his name, he was operating a tour company for visitors from china called us tour in china. The fed said he was in charge of what they say dead drops at the direction of the chinese government. Exchanging money for hd cards containing classified National Security information. They say the drops happened at local hotels and basically the way they describe it, they say that he rented a hotel room, and taped an envelope containing money to the bottom of a dresser drawer. He would take the key back to the lobby and anoth
Between here and there. The bill faces an uncertain future in the senate. The Senate Majority leader Chuck Schumer has been noncommittal about whether he will bring it up for a vote. Some senators have already vowed to vote against it. If it does move through the senate, joe biden has said he will sign it. Proponents of the bill argue tiktok is a National Security threat and the apps 170 million us users are vulnerable to data theft by the Chinese Government. The priority is National Security and chinese access to millions of american s minds. Thats what the primary issue is. There are trade offs with that though. The former President Donald Trump used to back the idea but he changed his tune, saying while it poses a security and privacy concern, banning the app would be a boon for facebook. Which he called an enemy of the people. With that, a National Security, free speech and youth issue also becomes a campaign issue. Protesters took to capitol hill on wednesday in support of tiktok.
Good evening. Im bret baier. Breaking tonight, the judge in former President Trumps Election Interference Trial said this morning either the District Attorney or the special prosecutor must step aside. The decision, out of Fulton County georgia, comes amid allegations of an improper relationship between the two. This afternoon the special prosecutor nathan wade resigned. Correspondent Jonathan Serrie is in atlanta tonight to tell us where things go from here. Good evening, jonathan. Good evening to you, bret. Facing pressure from the judges order, special prosecutor nathan wade stepped down from the case leaving District Attorney fani willis perhaps wounded but not disqualified as the defense initially wanted. The Fulton County District Attorneys office faced an unpleasant but not difficult decision. Had nathan wade remained a special prosecutor in the Georgia Election interference case, d. A. Fani willis and her entire office would have had to step aside. Instead, wade resigned, expla
You do have financials and Energy Taking up the slack to some degree. Inconclusive, indecisive action. Were 4 below the highs the treasury yields remain in fo focus. We did break out on tenyear yields above 4. 25 taking us back to 2008 the 30s are at 4. 40. Its a consistent story were pricing for a better growth economy, high real inflation adjustment yields. We can bet the economy can handle it or not plus a supply demand issue for debt. Look, the latest data is supportive of those higher yields we got jobless claims below 240. Psychologically important. Theres the yellow bankruptcy factoring in so far no evidence of real mass l layoffs in this economy. We have philly fed which was sharply higher and the first positive read since last august and prices paid inside of that, which a lot of people look at, looking for inflation cues was a little higher. You add that to the other data weve gotten this week its not earthshaking data. Its industrial productions, housing starts, retail sales