1) From ABC news, I am Daria Albinger. President Biden says the country is taking a giant step out of the coronavirus pandemic, now that kids ages 5-11 can get the vaccine; “Twenty-eight million more young Americans are now eligible for the protection of a vaccine. And my administration is ready, we are ready from day one, today, (we’re) organized and have a plan for this vaccination’s launch.”
2) Mr. Biden then pushed back against the notion that the off-year election results were statement about his presidency. “People are upset and uncertain about a lot of things, from COVID, to school, to jobs, to whole range of things and the cost of a gallon of gasoline.” Mr. Biden suggested his inability to get Congress to pass his infrastructure and Build Back Better bills ahead of the election, really didn’t make a difference. Speaker Nancy Pelosi says the House will vote on both bills this week.
3) Once again Senate Republicans blocked debate on a voting rights bill, and that’s prompting new talk of whether it’s time to end the filibuster. “Actually, Republicans blocked the voting right act’s debate; ‘This is about our democracy’, Vice President Kamala Harris outlined the states; ‘whether or not we are going to make it more difficult as is happening in many states, or protect and make it easier for people to vote.’ Only one Republican, Alaska Senator Lisa Murkowski voted with Democrats to end the voting rights filibuster. Democrats need 9 more Republicans. Andy Field, ABC News, Washington.”
4) The European Union senior diplomat says nuclear talks with Iran will resume on November 29th.
5) The Federal Reserve says inflation appears to be a longer-term issue than it originally thought it would be. So, it’s going to begin dialing back the extraordinary stimulus that it’s provided since the coronavirus pandemic began.
6) Stocks climbed all-time highs; the Dow and S&P 500 at new records. You’re listening to ABC News.
7-1) I am Liz
Claman, and this is the Fox Business report.
“Stocks rose to new records after the Fed made its long-awaited announcement to slow the monthly bond purchases that they will put in place to prop up the economy during the pandemic. The Dow rising105 points, the Nasdaq up 162, S&P 500 up 30.
7-2) Allbirds got a running start in its first day of trading as a public company. The maker of sustainable shoe sold shares surged 91% from its initial public offering price of $15.
7-3) And Dick’s Sporting Goods shares jumped 6% after the athletic retailer announced a partnership with Nike. Dick’s scorecard members can now link their rewards account to their Nike membership account by the Dick’s mobile app. Customers will then have access to member-exclusive merchandise launches and instore events.
7-4) And Starbucks has unveiled its holiday food
and drink lineup along with its festive cups which will be available in the US
and Canada on Wednesday.
That’s your Fox Business report. I am Hilarie Barsky, invested in you.”
