laura: it was an credible and historic not in a good way kind of day. the proceedings at 1:00 kicked off as expected. there was an objection to the arizona results and the two chambers broke up and went to start debating. off,as the debate kicked mitch mcconnell gave this fiery speech on the senate floor, saying we need to move past this, joe biden has won, it is not our place to overturn the will of the people. as he was saying those words, protesters started storming the capitol. pointsre at several able to get into the building and overwhelmed the police force. they were inside the chamber on the senate floor yelling trump had won the election. there was an armed standoff on the house side. there are still protesters in the building roaming around. force,. capitol police state troopers, secret service are working to secure the building. this raises a ton of questions not only of what happened procedurally in the next couple our, but how we think about whatcapitol build
top u.s. officials are acknowledging the human s asia rollout has been slower than immunization rollout has been slower than expected. health and human services alex azar,a pointed the finger at poorly detailed state plans. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. crumpton i m mark crumpton. this is bloomberg. it is 1:00 p.m. in new york. 6:00 p.m. in london. 2:00 a.m. in hong kong. here are the top stories on the bloomberg and from around the world. the pennsylvania presented of will give us a first-hand account on what it was like being in the room and the capital yesterday after the mob attack, and what is to come over the next several days. then, insight into what the events mean for biden s incoming administration. a preview of tomorrow s job 800,000as nearly first-time claims in today s data. two point 3%,up reversing yesterday s decline and adding to it. the
event later on and we are waiting for news on stimulus. earlier, as i say 3.135, we have backed off a little bit. still up .8%. the expectation growing that we will have a brexit deal. fishing seems to be the final hurdle and we will wait to see what happens. not much reaction in the swiss that the u.s.ews treasury will label switzerland a currency manipulator. the swiss feel that they have reasons for doing what they have been doing. the swiss bank has interfered aggressively in the market and we will see how the confrontation period goes. we will look at what is happening and yields in advance of the fed. there has been a sharp pickup and yields in europe today. we have seen some strong pmi data, particularly on the manufacturing side. that story manifests itself. we have that plus the fed coming up later on for the bond markets. alix: the bond market in terms of yields are a little off their highs. we will talk about that in a second. let us get back to the virus. the publ
to $700 range for adult and potentially children as well. david: it can t come too fast. we will keep you up to speed with that. part of the reason they are pressing so hard for this fourth round is an increasing sign of u.s. economy may be faltering as we head into the new year. for a report on where we are, we go to michael for early, chief u.s. economist for j.p. morgan. give us a sense of how you view the numbers right now. we had retail sales out today that most people found quite disappointing. michael: outside of the pandemic, numbers we saw in the spring, one of the worst numbers we have seen in quite some time. it added to that last week. we saw jobless claims move up, the most recent moved up the most in a week since march. we will get an update on that tomorrow. i would say the picture looks like fourth quarter started off pretty strong. it is ending probably pretty weak. i think we will still register and ok gdp number for q4 because of that strong an early start.
mnuchin and says there is no agreement yet, and majority leader mitch mcconnell saying republicans and democrats still far apart, and even if both sides come to an agreement, it could be too little, too late. there has been no financial bridge to help a lot of individual americans, families withstand the recession. we are seeing a lot of blue-chip release alike disney warning sign, telegraphing job cuts. the question is, if we don t get some sort of government stimulus, whether this could actually accelerate. joe: that s the big story. duringdisney yesterday our show, more news coming out on layoffs just now. it does feel like some of the bigger corporate announcements are gathering steam a little bit. europe, continental, shell. these are not furloughs the way that some of the layoffs were earlier in the year. these are deeper, permanent, more restructuring as the new environment starts to become clearer. romaine: disney there, you see the 28,000. those were originally furlo