Map showing e spread of the pandemic, that april 17th brin peak, the july 20ifth summer peak, the low point between summer and fall of september 19th and so far in the fall, e fall peak two weeks in november over 2 million cases, the total at that time 12,772,000 total cases but the headline is how the surge, inside usa today they write about that and a quote from matthew fox, professor of epidemiology at Boston University school of Public Health, he says it was inevitable it was going to get to the mountain states and when it got there there were so many susceptible people it was ready to take off. Matthew fox said we learned this time and time again in a reaction that pays off, wait until the spread is already substantial at that point your measures to contain the virus are really shutting things down completely. He also said it would be foolish to try to pin widespread outbreaks on single events such as the sturgis motorcycle rally, rather he said small get togethers make the spread
Welcome to closing bell, everyone im wilfred frost along leslie picket in for sara isen today. Nasdaq holding on to some gains ahead of the holiday tomorrow. Pain in the labor market as new Employment Data underlines how tenuous the economy is nasdaq higher, growth out performed value. Energy under some pressure for a change after a huge surge in november and weve seen strong numbers from Corporate America mastercard said spending remains steady gap the counterpoint that stock is down 20 today alone. 59 minutes and oneday holiday coming up, of course, tomorrow the dow is down 0. 6 . Coming up on todays show, Website Security Company Cloud flair shares are up. Well speak to the ceo plus, riding with unicorns well talk to Founders Fund keith rabois Steve Liesman has a look at todays economic data. Mike santoli is tracking the market action. Deir deirdre bowsa has details. Steve, start us off with the economy. A busy day today. Yeah. The Federal Reserve earlier this month at its meeting d
Now, one third of the economy is back under partial lot. Six more regions in italy saw curves tighten. Florida is bracing for a second hit from at a bank. It now has top sustained winds of 75 miles per hour. The storm has been in the gulf of mexico. Forecasters say the western part of the state could see up to four inches of rain today as well as flash flooding. 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. Im Mark Crumpton. This is bloomberg. Im vonnie quinn welcome to bloomberg markets. Today inuturn rotation trait. Stocks climbing as big tech rallies. Fromt perspective later on a guest from oppenheimer. I will be speaking exclusively with the ceo, chairman, and cofounder of marathon asset management. Marketsest case for the as coronavirus crashes through europe and the United States. As joe biden ones of a dark winter, Companies Like carnival and American Airlines are racing to raise mo
Of called on russia to swiftly prosecute those responsible for poisoning Opposition Leader alex a now follow me sick the g 7 Foreign Ministers were briefed on the matter by germany where the kremlin critic is being treated moscow has summoned the german ambassador over butlins charge that nobody was poisoned soviet era nerve agent. Sudan has announced a 3 month state of emergency after record floods left more than 100 people dead and destroyed thousands of homes the Authorities Say rising water levels in the nile river are also putting the countrys historical sites at risk. This is the news from berlin follow us on twitter and instagram at news or visit our website w dot com. One by one the leaders of the political opposition to bill roos are being detained or disappearing on Tuesday Morning at the border with ukraine Maria Kolesnik over reportedly ripped up her passport and prevented her own deportation kolesnik over is one of 3 women who joined forces to become the opposition in anot
If its covid19 vaccine is effective. Jim, i know that citi news popped for you. Yeah, i candidly mike and donna are friends of mine and friends of my executive producer so i have to reveal that because i say its not about friends its about money this is jarring for those of us older than mike who is 60 but he did work there for 38 years, not retiring until february, but how great. When i spoke to him this morning, how great, jane fraser coming in. The Glass Ceiling in banking maybe a is finally cracking and its a great legacy for mike a period where net income increased from 7. 5 billion to 19. 4 billion, tangible common equity 12. 0 to 12. 5 and returned 80 in capital during mikes reign all those numbers havent necessarily led to great performance a of the stock but they are great numbers mike is a much loved figure as is donna, his wife and i regard them as a team and i know he wants to do many, many things in life and this is a soul searching time, he appointed jane last year, he ma