Inperson activities shut down can the nfl save football from a covid collapse announcer live from cnbc global headquarters, the facts, the truth, the news with shepd ard smith. Good evening. Doctors and Health Experts warning about another surge of covid cases. More on the cure in just a moment but first, a look at where this pandemic stands heading into the month of december. The United States now averaging more than 162,000 cases this past week. This month alone, we reported more than 4. 2 million new cases. That means near lily one third all of the cases have been added in november. Right now 93,000 americans are hospitalized with covid. As you can see here, the deaths are climbing towards that peak it comes as millions of americans struggle to dig themselves out of financial holes caused by the pandemic so far congress has failed to provide more relief. The consequences of the inaction growing by the day but its a different story on wall street. The dow rose by more than 11 in just
Results. We will get congressional insight all morning long. We will hear from georgia congressman earl buddy and connecticut senator rand paul. Loss of 100 points on dow futures. Markets extending slump from yesterday as more lockdowns and the threat of them offset positive news on vaccines. Its also been a big week for retails, bjs and macys reporting this morning all the numbers as soon as they hit the tape. Working from home may not save you money. Why paying a new tax while working remotely. A little holiday decorating can carry you through some tough times making a buzz this morning. Mornings with maria is live right now. Dagen european markets feeling the sting of more lockdowns, red across the board in france, england and germany, all down about 1 . Mixed story in asia overnight with fractional moves there. Kospi and south korea shanghai to the plus side. Cheryl casone has all the news that you need right now, good morning, cheryl. Cheryl good morning to you, dagen. United stat
President trump saying youre welcome for the market milestone, this as joe biden lays out his cabinet picks and the plan for his first 100 days. We have insight all morning long. We hear from Chris Bedford from the federalist, tennessee senator Marsha Blackburn, michigan congresswoman, Debbie Dingell and laura trump. Stimulus showdown, millions of americans are waiting for another plan the to finally get pushed through congress, treasury secretary Steven Mnuchin meantime will move unspent stimulus money out of the Federal Reserve, if you will. This is rescue money. And it needs to be reallocated by congress. So thats on nancy pelosi. Tax threats, new York Governor Andrew Cuomo promising a new income tax for the state if the government does not give out more coronavirus related aid. Okay. Keeping an eye on the Holiday Shopping season, weve got the best deals you can expect ahead of black friday and cyber monday. And mystery in the desert, an other worldly discovery in utah have people a
Amazon partners with an old text stalwart. That is blackberry. How they plan to revolutionize tech. Those stories in a moment. The u. S. Stocks posting another record high amid news of new stimulus talks. They are progressing with a plan to pass by the weekend. Abigail doolittle has more on that. Also, i know you have been following the latest Earnings Results out of snowflake. Shares down after hours a bit. This is a big test for them after their blockbuster debut. Abigail it is. Lots of big movers relative to earnings after hours come snowflake being one of them. With snowflake, what you are referencing is that huge ipo, biggest ipo of the year back in september. This is their First Quarter as a publicly traded company, so they are finding out what it is about to these shares are absolutely plunging in the after hours, down 19 . This is an Application Software company, up just 37 year to date. They have struggled a little bit, and in this quarter they posted a wider loss than expecte
Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicles or just enthusiasm over the ev space as we gheet into a Biden Administration on top of the gm news yesterday, jon. So there is a lot happening in the ev space and then m