Vice President Biden is just six electoral votes away from the white house. Bloomberg chief washington correspondent Kevin Cirilli joins us for more. What is the vote count . What do we get over the next couple of hours . Kevin joe biden is just six electoral votes away from reaching the magic number of 270 electoral votes, which would put him at the threshold for the presidency. Within the next 30 minutes, georgias secretary of state is going to give a News Conference, and which they are going to provide an update on what is going on in the battleground state of georgia. 15 electoral votes, that would put him over it he is able to beat trump in georgia. In the noon hour, we are going to get an update from clark county, nevada, where the over and willing the overwhelming majority of electoral votes are cast in that state. This evening, not a clock eastern time, arizona, Maricopa County is going to provide an update. In terms of the dataflow on the president ial election front, we will
The nasdaq at 2. 0 we can buy the stock we can buy the recovery stock once we get a vaccine. We have people returning to the cities we buy the apartments. We have a lot of people eating at home will soon eating out again with a vaccine so not by the food packet place and the restaurant thats adventure wisdom. After a huge run over the last week and a half where the market is very over bought and a ton of strategists raising 2021 dramatically i am going to articulate a different field, a caution one it never works out that everyone wins i am going to sigh at tay at th beginning. I dont think all of this will happen you got to know, maybe have some cash if stuff happens, you can use the buy. First, it is terrific that we can see through the valley of the shadow of covid. Jesus, we are seeing at insane number of new infections here to the point where hospitals are overwhelmed. While we gotten much better treating the virus, it is undeniable we are approaching a triage situation. Not good
Those that were hit hardest early by the pandemic continue to hire back and the Unemployment Rate has declined to ten. 2 percent but we have a long way to go despite the solid job gains last month the past three months we are still down about 13 million jobs we still have not recovered about half the jobs lost. Ten. 2 percent unemployment is pretty tough. Just for context to go back to the financial crisis ten years ago the highest Unemployment Rate was 10 percent on the nose and that was for one month. We have a long way to go. Then to point out what makes me nervous is the rate of improvement have slowed the june job number four. 8 million jobs added. The rate of employment is flowing and that it will take a long time to get back what we lost in march and april. Host do think that rate of improvement to the numbers we are seeing do not show theme effect of the states have to shut down again . Yes. It was reflected in part because its we saw these gains and then the re intensification
Moratorium on evictions during the coronavirus pandemic. Later, the moodys analytics chief economist joins us to talk about the state of the u. S. Economy. Host the house and senate are one week into what should be there august resource recess. Negotiationsld and between Democratic Leaders and the white house appear to have yielded no result, certainly, no agreement on additional coronavirus pandemic relief measures. Good morning. It is friday, august 7, 2020. This first hour, we will ask you your message to congress, in particular, congressional leaders on pandemic relief. Here are the lines. We welcome your text messages. Make sure you tell us your name and where you are texting from. Ur handle on twitter we also welcome your comments on facebook. A very similar sentiment expressed in headlines and reporting of capitol hill publications and other publications on those negotiations which ended last night well into the evening. This is roll call. Show you the report just out from the A
I would like to call the meeting to order at this time and i would like to come if i may give just a brief overview of what you can expect. There will be an Opening Statement of the chair. An Opening Statement of the Ranking Member. And Opening Statement from chairwoman waters. Introduced andbe will give their Opening Statement. And then there will be q a. The title of todays hearing is protecting homeowners during the pandemic. Oversight of Mortgage Services. Without objection, the chair is authorized to declare a recess of the subcommittee at anytime. Also members of the committee who are not members of this Sub Committee may participate in todays hearing the purposes of making an Opening Statement and asking questions of witnesses. Members are reminded to keep their video function on at all times even when they are not recognized by the chair. Embers are also reminded that they are responsible for muting and unyielding themselves. This is Something Worthy of repeating because i have