To wear a Face Covering for 100 days. Biden also asking dr. Fauci to stay on as a top medical advisee plus, his promise when the vaccine is safe, he will get it on camera and the remarkable pledge from three former president s. Out of control. Extreme wildfire dangers erupting in california fueled by those fierce winds. Strong enough to knock over a tractor trailer. The explosive flames forcing thousands to flee. Were live in the fire zone this morning. Blindsided. A Texas Football player suddenly tackling the ref after he was ejected from the game. The latest on the foul play. Tiger terror. A big cat at Carole Baskins sanctuary viciously attacking a volunteer and nearly ripping off her arm. What the tiger king star is saying about the horrifying incident. An abc news exclusive. Celebrating the line of selena. The iconic superstar as popular as ever 25 years after her passing. This morning, her family speaking out on the eve of a new series about her life only on gma. And movies to the
Declining. We saw a constructive things. Waiting for the eighth or ninth year of expansion is not a perfect strategy. There is an issue of wanting to do as much as we can to avoid exacerbating the longstanding inferences and get back to a Strong Economy or we can start making progress again, which is what we were doing in february. Senator smith as the fed chair and at the fed you have the mission of low unemployment and managing inflation. And this need to spur job growth. We said there is not been a big worry about inflation. What if the fed were to lower its target for employment, even under 3 . What impact might that have on addressing longterm needs for addressing inequality. Changeowell we made a in our operating framework which addresses that directly. We will have an estimate of the natural rate of unemployment. We will not act on that, even if unemployment goes below that, unless we see inflation or some other problematic thing that seems to be late to where our rates are. We
The British Government told businesses today to be ready for big changes when the u. K. Makes its final break from the eu in one month. Opec and its allies need more time to reach a deal on Oil Production policy. A meeting today broke down today without any agreement. Again ministers will try thursday to allow more time to figure out whether to delay a planned increase in output starting in january. Supporters say the market is too fragile to absorb more oil. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Treasury secretary Steve Mnuchin and jay powell testifying earlier before congress on the cares act. Itsla says the fed will use tools until
Since winning the election youre playing jeopardy with your life. Plus, an extraordinary journey of love and covid from a patient who was put in a medically induced coma hear her urgent warning. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Dow 30,000, First Time Ever, its been a great cnbc day and a historic milestone on wall street stocks surging even as america enters its darkest chapter yet of this pandemic the pain on main street cannot be ignored many families are broke, hungry, burying loved ones or saying goodbye on a cell phone screen, and relief from washington is not coming, not yet. But experimental vaccines are fueling hopes of an economic recovery, and a return to some sort of normalcy i want to show you a look at the dow. Were obviously here now, but what a road to get there, along the path, thousands and thousands with a roller coaster. You can see the middle of february right there they have shattered the gains, and all the way
One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be