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Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th ....
This is a boom bust the one business show you cant afford to miss. In washington coming up u. S. G. D. P. Close out 2020 at its worst rate since 1046. 00 and shrank by 3. 5 percent and the game stop saga continues as robin hood and other Major Trading partners are stressed in trading as the battle between wall street and small investors continues well explain what this means for future trading with the us pros with christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the ....
High just days after sinking to near 16,000. One market watcher says he knows a bubble when he sees one. And what starbucks is doing to support frontline workers for the entire month feel good trending story of the day on this tuesday, december 1, and this is worldwide exchange. Welcome from wherever in the world you may be watching. Thanks for joining us on this tuesday. And welcome to december. After 42 months this year, we made it. And here is how your money looks. Stock futures are in the green not by a lot, but they are higher nonetheless you know what . I stand this is the kind of time where you like being wrong. You look at the futures literally, i dont know, ten minutes ago, 15 minutes ago and they werent doing that much now you have an implied open up 350. Wow. Remember people roll in in the mornings futures, i dont want to say they are worthless, but they do evolve as the morning goes on as more traders in the u. S. I would say get into their offices but now i would say just ....
School holidays. If we look at the map, we talk about schools open or closed, we do know its a holiday because of lighter traffic. I have my eye on discovery bay. The rest of your commute looks fine. Maybe a factor for 680. Back to you, laura. Thank you very much, mike. 6 01. We begin with live pictures from arlington, virginia. This is Arlington National cemetery where President Trump and the first lady will visit in just a few hours to honor our Fallen Heroes on this veterans day. It is the president s first public appearance since the election. Joe biden will take part in veterans day events. Today in the bays tracie potts is with us live in washington. I know these events happen as the struggle between biden and the Trump Administration continues. Repo ....
5 00 right now. Covid cases in a nationwide surge. This map shows much of the midwest covered in red meaning a widespread number of new cases. Dark orange shows a significant surge. Thats most of the east coast along with parts of texas which just hit 1 million cases. California a lighter orange but cases here are also on the rise. The cdc has put out its strongest guidance yet on mask wearing citing growing evidence a mask can help protect a person wearing it. The cdc says adopting universal mask wearing policies could help future help prevent future lockdowns. As San Francisco struggles to get ahead of rising covid cases, leaders reopening rolling back plans. Today in the bays Cierra Johnson is live in San Francisco to explain why the city is hardly alone here when it comes to new concerns and confusion, cierra. Reporter ....