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they did. these markets have been pumped up by the fed for a long, long time. and the fed is out of the game and out of the game faster. that s a supplies. markets hate surprises. it s fascinating what stocks really got crushed today. it s some of the really risky assets. the memes stocks. amc was down 11%. gain stop was down. crypto is down. so what you re seeing is investors in a higher interest rate environment, more volatile environment going out of risky assets and starting to put their money in more stable companies, companies with stable balance sheets and stable earning powers. it was bound to happen at some point. it s happening now sooner and the markets will sell off if they go through with this i think ask art about this. i think they sell off violently. neil: i will be doing that. by curious, what is the surprise here? it might begin tightening sooner, more, what? yeah, the surprise is that jerome powell is now all but conceded that he screwed up. i ....
pandemic. those are the words of chicago mayor lori lightfoot after the teachers union voted to return the third largest school district to remote learning amid a surge of covid cases. sandra, good day to you. sandra: and good day to you, john. we have a parent here to respond later in the show and i m sandra smith in new york. classes in chicago are canceled after 73% of the union members voted to go virtual until at least january 18th. why? the union says they want to see the safety standards met and case numbers to fall before they head back to the classroom. the mayor is firing back saying the decision is not based in science and the union is giving into fear mongering. jen psaki was asked about this a moment ago and what she said about keeping the schools open. we are more than equipped to ensure schools are open and will keep our children and educators who selflessly serve their community safe and ensure children are not enduring the mental health impact of ....
the announcement comes after president biden said americans should be concerned but not alarmed with the rise in covid cases. his remarks today coming after the u.s. became the first country in the world to record 1 million new cases in a single day. nearly doubling the previous record set less than a week ago. the president also saying the federal government is adding new test sites around the country each day after pledging to send out a half billion free tests last month. a promise that has made little to no progress as some schools revert back to virtual learning. white house correspondent jacqui heinrich starts us off live from the north lawn. good evening, jacqui. good evening to you, bret. after public pushback the cdc now says people should use a rapid test after a positive covid case after five days of isolation if you can get one and if you want to. and if you test positive, you should keep isolating until day 10. it is another shift in policy after setting ....
house for letting therapeutics fall by the wayside for this near exclusive focus on vaccinations that we ve seen. they ve also accelerated the timeline when they ll be delivered from september to june. we were looking at an order of ten million initially. the white house announced that they will get the full ten million by june. by the end of january, they ll have four million covid treatments on hand. a lot of the same sort of vibe that we got from the president when he gave his remarks today ahead of the briefing warning folks that are unvaccinated that they re at risk with this highly transmissable omicron variant telling people that are vaccinated to get boosted. also speaking about the numbers as we ve seen this really record-breaking number today, one million cases in the u.s. here s what the president said earlier. if you re vaccinated and boosted, you may get covid but you re highly protected against severe illness. schools can and should be open this winter. ....
lines and in airports plagued by delays and cancellations from winter weather and staffing from covid issues. we have fox team coverage tonight. rich edson at reagan national international airport virginia where omicron surge and winter weather. a lot of snow in washington continued to cause chaos. jacqui heinrich at the white house where it appears the purchase of 500 million covid test kits has still not come to fruition. we begin with jonathan serrie in atlanta. good evening, jonathan. good evening, bret. for now it appears the expansion of the fda s emergency use authorization applies only to boosters manufactured by pfizer. the cdc director rochelle walensky is expected to sign off on the plan later this week. the fda s announcement comes as many students return to school from holiday break. under the plan everyone 12 and old we re qualify for fires booster as soon as five months after completing primary doses. some immunocompromised children would also qualif ....