Shelters as alerts came in and sirens were blaring. The iron dome intercepted some of the rockets. We know that according to the israeli chief of staff, 500 targets were selected by israel and already hit today in response to the rocket fire that started yesterday. To give you a sense though of where all of this is headed, we heard just in the past 20 minutes from israel s prime minister and the defense minister, benny gantz, they made it clear that israel will act decisively against hamas who is the sole organization behind the rocket fire. Israel holds hamas responsible. They say this is just the beginning of what is turning into a very large round of conflict in the region. More than 500 rockets fired in to southern israel. We have updated numbers from the palestinian health ministry who say that 30 people have been killed in israeli retaliation strikes. Inside israel, three people are dead from rocket fire. Lots of injuries. Really israel is bracing for what the night will bring. T
trump s pretty tough restrictions on those trying to get into this country. we ll be exploring all of that. also getting the latest up from the former san diego mayor, kevin faulconer, very much set on running for governor of california. how is that looking? speaking of governors, alaska s mike dunlevy with covid spike in his own state and providing troops already going into the capitol for inauguration day. hillary vaughn some of the plans early on that the biden administration will act on apparently within minutes of his swearing in. hillary, what can you tell us? reporter: president-elect joe biden is plotting out a 10-day executive order signing spree. many of these orders, over a dozen he is set to sign are going to have an impact on businesses, on workers and also the economy. to act, we need to act quickly. that is what the economy is telling us. that is what the experts are telling us? so that is the priority. reporter: on day one biden will ask his department of ed
facebook, twitter set to report quarterly results. more importantly get a little bit of a sense for the out look of what is a uncertain future. we ll hear from some of the biggest names in american business. so let s get to it. fox business team coverage. lauren simonetti and susan li are standing by. edward lawrence on the record-setting economic growth i mentioned. edward in washington. first we have the panel, lance ulanoff, geir i hry b. smith gary b. smith, scott, an erin gibbs joins us from gibbs wealth management. it will be a fun hour to go through all of this. amazon is the big one. amazon s numbers are just coming out. in the third quarter, amazon already reported $96.1 billion in sales in a quarter. that is comfortably above the analyst estimates. they were supposed to be up 32 1/2% it were around they blew through that, looks like. with a net profit of $6 billion. on the eps side, we ll get back to it in a moment. comparable to analyst estimates. then to lauren,
back. buoyed, they still think they can cobble together a stimulus deal and they re getting a little closer. they re about i think latest indication about $600 billion apart. democrats coming down to 2.2 trillion. such a steal. such a buy. republicans have been whispering about 1 1/2 to 1.6 trillion, who knows. that that is a development few saw coming. we re 24 hours away from the big debate tomorrow. so that could obviously test these markets. so far not too flummoxed about president s taxes. we ll see as we get on here. but that tax report we want to lead off front and center ahead of the big coverage planned from tomorrow night. how much the new york times report, 5000 word plus investigation that goes into the president s taxes over the last couple of decades. the signature of both days developments is that, for a lot of those years he didn t pay any taxes and for at least the latest two years, these do not include the 2018 and 2019 years, he paid 750-dollars each for
all the fast moving developments. the back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. what is your take? i agree with you. if you look at continuing claims, they have fallen pretty dramatically. the weekly claims there is sense by the market to keep the momentum going. maybe that is a stimulus package. we don t know. obviously the market takes it as a slight negative. we have had in the economy last couple months is housing boom, explosion in building. it has driven up commodity prices. lumber prices. multiyear highs. multidecade highs. there is a concern that may cool off a little bit. housing starts slowed down a little bit in august. there is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. look at the oil market it is kind of signaling better things ahead. we ve seen a big jump up in oil prices, the last couple of