Lockdowns as coronavirus cases spike. Home sales hit a 15year high but weekly jobless claims unexpectedly rise. I have a question for you guys. Is chicago the nations canary in a coal mine, as new york citys mayor warns indoor restaurant dining is on the verge of shutting down again, and the center for Disease Control today recommending against thanksgiving travel. We are live in the windy city, where it already begins to lock down again. Refi rush as urban dwellers flee covid and the big cities. Mortgage rates are nearing alltime lows. At the start of the pandemic, mortgage guru barry habib told you right here on the claman countdown wait to refinance because rates were going to drop more. He was right. Hes about to tell you where rates will go next. Its his big 2021 prediction. The woman with goop on her hands. The Venture Capitalist who backed the superhot retail site is here on whether the Hollywood Alister is ready to go public. First, we have a fox business alert as covid cases r
World . And another heatwave in the northwest. Wildfires continue to rage in california and colorado. How technology can battle the blaze. But first, stocks ending the week mixed. We saw a tech slide. House Speaker Nancy Pelosi saying the divide still persisting in stimulus talks with the white house. Lets get the latest from bloombergs abigail doolittle. Abigail another bumpy one. Had decentay we gains for stocks. Options Expiration Date tends to bring volatility. We saw that into the close. Often you have traders that need to hedge on different positions around the options to the underlying security. The nasdaq 100 earlier today up pretty sharply, then closing down about 4 10 of 1 . A bit of a bearish reversal for the nasdaq 100. One of the big drags was amazon giving up big gains on the day. Ay may not have been as inspired as it was last year. Something we talked about earlier this week, since the stock was down both days of the event. Traders for whatever reason, you will see that
Could have been close tore 10 million than the 15 to 16 that we had to provide for. Ok. Two more questions. One, as rec and park actually lease vehicles, Passenger Vehicles or s. U. V. S or anything like that . No, it does not. Ok, im you all have great ribbon cuttings and i would love to celebrate them with each of you. All right. I donated to that playground, norman, too. What is the Cost Reduction for the large concert such as a bed lands for next year . Have you been in touch with them and are they do you intend tt revenue coming into rec and park next year . Very much our hope. Obviously subject to publichealth guidances and i know i know the sector hit hard in this crisis is the arts and entertainment industry. Its our hope theyll be back. We would love to work with them on additional concerts and events if possible to kind of make up for some of the lost revenue and its all still in flux until we get guidance that we can go back to a normal life again. Ok. Got it. And any other
A beautiful new york today. Good morning in washington boston. Early good morning out in san francisco, to all of you across this nation on sirius xm. We also say good morning to anna edwards in london. Why are we doing this . It is august. Ferro is off. From whats is off abramowitz is off. I said, i want anna edwards, and here she is. I am going to go optimism here with bob doll any moment, with home depot and walmart and all that. Explain to our american audience the place of Marks Spencer in the United Kingdom psychology, and what it means that one in 10 bodies will be shown the door. This isnt necessarily a very optimistic way to start the hour, but Marks Spencer, a huge retailer that was on every high street in the u. K. It is going to be getting rid of one in 10 of its staff, mostly through retirements and the like, but it is not just about covid19. This is a secular trend that has been affecting the retailers. Not only do they have to deal with the fact that a lot of their custo
Are not wearing a mask. It will give city and county officials the ability to find anyone 100 for individuals and as high as 1000 for businesses for each violation. We all want to do the right thing but not everybodys on the same page. Reporter diane is a National Etiquette expert and never imagined she will be talking about mask etiquette. Is there a proper way to tell someone their mascot . It really depends on the situation and to, if youre talking about a stranger standing right next to you, your choice is to ask them politely would you mind wearing your mask around your neck, were standing so close, you can Say Something like that and you notice my tone of voice was friendly not punitive. If its your family or Close Friends i think its out of that we are at a point where we say you guys all want to do your part and its important right now. Reporter she believes in ordinance would help to find what city and county rules are. Whatever will protect you will do. Is it similar to getti