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Concerns about jobs and especially about the coronavirus. Well talk about it all. Im connell shane, welcome to after the bell on a friday, and its time for the news thats happening at this hour. Our fox Business Team coverage, blake burman at the white house, Edward Lawrence is in washington, jer true willis in new york. Edward, we kick it off with you and the details on the jobs report. Reporter theres still some growth, plus looking forward to stimulus. Thats what the markets like. In november the economy added 245,000 jobs, almost half as much as the the experts thought. The unemployment rate, though, dropped to 6. 7 , well below what the federal are serve estimated from last summer. Now, the administration saying this is a fundamentally strong economy, and were moving very quickly in the right direction. Listen. President trump has always add slow e candidated keeping adv ....
Aa staff writer for the new yorker. And the author most recently of a novel about a pandemic that came out in this pandemic its called e end of october. I am so fortute and thrilled to talk to two wonderful writers i have enjoyed looking at their books but first of allet me tell you about our structure we will be talking for about minuteshen i wi take audience questions there is a function at the bottom you can ask questions you will have ten or 15 minutes at the end of the session to ask your question. Let me introduce these interestg authors. Aanadian who lives in frce just across the border from geneva wre the World Health Organization is located very conveniently for her. She began her career as a biomedal researcher and a science reporter for the past 36 years mostly with the british magazineew scientist and those that specializin Infectious Disease. For y ....
To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round ....
Join fizer pfizer you can see were just about 20 points shy of the all time high on the dow a lot of news to unpack. We got the news from moderna showing the vaccine is more than 94 effective in preventing cases of covid19. We saw details in the study showing it prevented severe cases of covid19. So that a very strong result comes, of course, after the pfizer data last week showed that its vaccine was more than 90 effective. The first two out of gate showing incredibly strong efficacy questions do remain including these preventative cases of covid19 but do the vaccines sprent infection with the virus completely we dont yet know that we also dont know because this is a brand new virus and these are brand new vaccines how long this protection will last. So those are things that are going to come and be answered in the future looking at these data so what happens next well, both of the Companies Soon are going to file with the fda fo ....