President elect biden this is one of the worst economic and job crisis in modern history, but it doesnt have to stay that way. If we act now, now, i mean now, we can begin to regain momentum and start to build back a better future. There are no times to lose. Millions of people have lost their Health Insurance or in danger of losing their Health Insurance. One in six renters is behind in rent. One in four Small Businesses cant keep their doors open. And there is a growing gap in black and latino unemployment and the gap remains much too large. Deeply troubling that last months unemployment was driven by people dropping out of the job market, not because they were being hired. They have lost hope of finding a job and taking fulltime care giving responsibilities as Child Centers remain closed and children learn remotely. Over the past three months, 2. 3 million more people are longterm unemployed. Meaning 23 weeks or more. By far, the largest increase on record. This is a dire jobs repor
Text us with your first name, city and state, to 202 7488003. You can also post your comments with a tweet at tweet,. Cspanwj, or facebook. Com nancy pelosi spoke to reporters after the times noted that she regained the gavel and became the first person in 60 years to return a speaker after losing the majority. Here she is. [video clip] i wish you could have seen the nominations and acceptance speeches. Then you could have seen the Common Thread, the unity of our caucus. The values and the vision, the knowledge of our subjects on the Strategic Thinking. You hear me talk about that all the time. Theof it is connected to hopes and aspirations of americans and working families. That is what unifies us. Im honored and was emotional earlier because of some of the things that were said in nomination, but also listening to the other nominations as well , not only to the vision but the depth of the commitment, the values of our caucus. Im thrilled, im excited, i to be working with the new pres
When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea
Will talk about later to get to senator alexanders remarks at the 10 30 scheduled time. Thank you, mister president. It is such an honor to be here and to join my colleagues in paying tribute to senator alexander, there are many that want to speak and have a few words to say. All of us wish we could do this to a background of music with lamar playing the piano. That would be the proper setting but i am so pleased to stand and honor the three terms of service in this body and the way he touched the lives of individuals in this body and millions of tennesseans. We know that he has talked about it in his remarks, he has worked with educators. He has worked with innovators. He has worked with the healthcare community, and works with entertainers, many of whom called tennessee home. When i was serving in the house and representing tennessees seventh Congressional District so many times i would look over here and i would say what is lamar not working on today because he always had such a bro