Odonnell good evening, and thank you for joining us. We are going to begin with breaking news on just how soon americans may be able to get a vaccine for the deadly coronavirus. Tonight the drug maker moderna says it has applied for emergency approval from the f. D. A. For its vaccine, making it just the second company, after pfizer, to ask for emergency authorization. The company says its on track to have 20 million doses ready by the end of december. The army general in charge of distributing the shots in the u. S. Says that by june, 100 of americans who want to be vaccinated, will be. And the h. H. S. Secretary, alex azar, tells cbs news that many seniors in nursing homes, along with front line workers, will have already gotten their shots before the end of this year. But its what happens before then that has Public Health officials sounding alarms tonight. Dr. Anthony fauci the nations top Infectious Disease expert says the country is now facing a surge on top of a surge. The virus
This as crude is also getting a lift. We were talking about the deal between the opec members cutting back supply. Take a look at the high yield etf, this as the fed says they will support the fallen angel market, those credits downgraded on march 22 from bbb to bb. Take a look at this curve. Yields on the front end falling after thesis points fed said that they would expand their facility program, buying shortterm notes from issuers as they engage in some deficit financing. I want to bring in our next guest. He has been talking about bears in hibernation as the fed is trying to increase that 2. 3 trillion stimulus program. Some of the small and midsized businesses. Some of the jobs numbers this morning. We got reaction from fed chair jay powell. He spoke earlier. Take a listen. We are deploying these lending powers to an unprecedented level, backed by the congress and treasury. We will continue to use these powers forcefully and aggressively until we are confident we are solidly on th
Youre a damn liar, man. Growing pains for michael bloomberg. I endorsed cory booker many times. Hes very well spoken. Its not up to me to be his teacher on this issue. This morning the latest on the democratic race. Cory booker joins us live plus rahm emanuel and Chris Christie on our powerhouse roundtable. Well break down the politics, smoke out the spin. The facts that matter this week. Announcer from abc news, its this week. Here now, chief anchor, George Stephanopoulos. Good morning, and welcome to this week. The witnesses have been heard. The reports written. Constitutional scholars have weighed in. The party lines harder by the week and now that nancy pelosi has declared democrats have no choice, there is no turning back. President trump on track to become the third american president in history to be impeached likely by christmas. Next steary committee will draft debate and vote on articles of impeachment this week. They convene first thing monday morning and were joined by two
He. Live from new york where business never sleeps, this is squawk box. Good morning welcome to squawk box on cnbc. Im becky quick along with joe kernen andrew is off today. Weve been watching the u. S. Equity futures, things are still in the green dow indicated up by 60 points. The s p up 7 and the nasdaq up 27 the dow and the s p 500 for the month of june are Still Holding on to their gains. For the month, dow above 26,000. Look at what happened overnight in asia. The nikkei was down by a half percentage point the stocks were flat for the hang seng and shanghai composite. In europe in some early trading, there are green arrows across the board. The biggest gainer of the three major averages is the dax in germany, up 0. 4 in italy, stocks are up 0. 6 watching the treasury market in the United States, the tenyear is yielding 2. 112 . The u. S. Navy is assisting two tankers reportedly attacked in the gulf of oman. According to the fifth fleet, u. S. Navy forces in the region received tw
decision. he said students must be based on his or her individual experiences, not on the basis of race. many universities have for too long done just the opposite. in doing so, they have concluded wrongly that the up to stone of challenges bested schools built or lessoned learned but the color of their skin. he says that is not going to work with our constitution as we know and understand it. and it doesn t do us service to students of other races. in this case, asian american applicants that said that they were being passed over with perfect test scores and fantastic gpas because of their race. president biden says that there s more to the story. he s upset. the biden administration had argued in favor of harvard and u.n.c., the policies continuing this. not surprising that he had the reaction that he did. he adds this in speaking about it today. we cannot let this decision be the last word. i want to emphasize, we cannot let this decision be the last word. the court can