lisa cook from michigan state university joins us with her forecast. that and more coming up.have got to get over to taylor to take us through how the vaccine stocks performed today. taylor: virus versus vaccine and it looks like vaccine was tilting the scale more in its favor as we battle the virus. stocks we are watching, pfizer bio in tech promising early data for their vaccine trials. it might look like we have vaccine perhaps by january. patients were able to produce antibodies and safer patients who received two doses of the vaccine. i want to bring in jennifer, the senior scholar at the johns hopkins center for health security. i know it is early days and data, but does does any of the vaccine headlines that are coming out start to give you hope? hope we will do the science to enable a vaccine that will work. if we find one, how quickly will we be able to produce it at the scale we need to affect the epidemic we are dealing with? i am cautious and think we should not count as a vaccine by the end of the year. -- on a vaccine by the end of the year. romaine: not the silv

. >> reporterso: economics prof lisa cook. >> let's just look at unemployment statistics. there's 14% unemployment rate among black women. 16.3% among black men. >> reporter: compare0.1% for whites. now it so happens a black-white unemployment gap, widening when times are bad, is sadly par for the course. in the great depression. the great recession, as economist william rogers told me in 09. when we entered the recession, african-americans started with a higher unemployment rate and as we have gone through these last 16 months, the gap has widened. >> reporter: pre-pandemic, black unemplment had hit a record low of 5.8%, a fact president trump ofn touted. >> we have the best numbers we've ever had. n reporter: but cook says black worker stuck iw wage service jobs, embody t adage, "last hired, first fired." >> the last hired means that there is not the ability to accumulate income, and that makes african-americans less able to weather such storm. >> reporter: in alabama's so- called black belt, the jobless rate is at 20%.n lydia chatmo the selma center for nonviolence. >>

lisa cook, michigan state university and steve liesman. we've called you professor but i just -- professor cook you're a professor. you're not a professor, make that clear, steve. >> i don't call myself one, joe. andrew calls me one. you call me one. i do-not-call myself a professor. >> very good making that clear. thank you. we'll see you again, professor cook >> thank you >> i just want to say i remember when steve used to have a white board or chalkboard and that's, you know, very professorial in my mind. >> with streaming booming because of the pandemic, akami technology has been a huge winner the stock is up 30%. we'll speak to the company's ceo after the break. in the meantime want to get a check on the markets "squawk" returns right after this this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. kristine leahy we made usaa insurance for veterans like liz and mike. an army fa

lisa cook, ms. lily garcia, mr. joseph stiglitz, and diego zuluaga. ms. cook is a member of the american -- as an authority on international economics, she is also advised policymakers from the nigerian and rwanda governments. thank you for appearing before this committee. next, we have lily garcia, the president of the national education association, she served as the nda's -- nea's vice president. she served as a member of the clinton administration's white house strategist session on improving hispanic education and was named a member of the president's advisory commission on educational excellence for hispanics. thank you for appearing before the committee. next, we have mr. joe stiglitz, an economist and professor at columbia university. he is one of the chief economists of president clinton's council of economic advisers. he is the founder for the initiative of policy guide law, a think tank on international development and a recipient of the nobel memorial prize and the prestigious john bates clark medal. thank you for appearing. finally, we have m

our third witness his doctor lisa cook. dr. burcher 16 is a professor of economics at the university of michigan are prior to michigan state she was a senior economist on the president's counsel for economic advisers from 2011 to 2012 pishaw so works that they economic bureau for research and minneapolis new york philadelphia the brookings institution and the hoover institution. welcome ms. cook and now i'd like to turn it over to the ranking member mr. chabot. >> thank you again madam chairman their final witness is a fellow cincinnati in. mr. blackshaw's ceo for centrifuges startup incubator created by proctor & gamble and a lot of people referred to as kroger and western southern other entities in our greater cincinnati community previously served as global head of digital marketing social media at the global headquarters in switzerland. he recently served as chairman of the board of the national council of better business bureaus and is now cheering you recently chartered supply-chain and new commerce restart committee. he

thank you, steve >> thanks, joe, for more on the markets and the economy, we are joined by lisa cooks professor of economics and international relations at michigan state university. also mike santoli, of course our very own senior markets commentator here at cnbc lisa, let me start with you first. is there any number that you think is going to accurately reflect what's really going on in the market right now, or are we kind of just guessing and doing our best here? >> both. i reserve my right as an economist to say on the one hand and on the other, it's going to be both. we are certainly, i think, going to have some information about the direction, so i think that will be unmistakable, but the precise direction and number are going to be hard to say, and that's because of all the uncertainty that they were just talking about, and even what to call it, i thought, was an interesting conversation because are these jobs that are reinstated are there jobs that are reinvigorated. so we will have less of a point estimate we have a wide range, but i think we have less of a point estimate >>

my name is lisa lam i am a cook at a restaurant for 38 years. i am a member of united local 2. please vote yes on this law so we can take care of the business and reopen with a strong safety standard. this law has strong standards to the open and the right way and this is standard is from the work of (inaudible). we want this standard in the san francisco to respect our jobs and our families. we want to have each other and put safety first. please reset us and vote yes. thank you, supervisors. >> thank you. next speaker, please. >> good afternoon, supervisors. i am a room service server at the marriott for 15 years. covid-19 has hurt me and my co-workers very much. in the union local 2 they are close to 9,000 hotel workers and almost all of us have no work because of the pandemic. i'm asking you to vote yes on this ordinance because i think hotels need to open a safety to bring the business back. i want to go back to work but it's not my business and it's not work for me to go back to. i am a single mom and the head of my household. my kids suffer from asthma so for me it's rea

cook political report." i think we'll be talking to you some more. thank you very much. >> thanks, lisatalking with you. to the anals of shields ands brooks. h that's sent dated couple nest. so gd to see both of you. let's pick up, david, with what we were just hearing. about these senate races moving in t direction of the democrats. what is going on here? i would say among republicans what had been concerned now turned into full door upon i ca esident is behind 12-123 points in the polls. way behind in these states. that was survivable if you were a senate candidate in 1980 whn you could run we ahead of the party. that doesn't happen any more. in 2016 ere was basically no tickets, if the president waed the senate run. super hard to win when your president is lose can. i don't think there are any republican candidates who have successfully found a posture, how to be royal republicans. you are not onoking at arizona and colorado which seemed good but we're talkinga, like iand georgia. those should be solid republican seats. it's just a complete collapse it looks like right now in the pol

my name is lisa lam i am a cook at a restaurant for 38 years. i am a member of united local 2. please vote yes on this law so we can take care of the business and reopen with a strong safety standard. this law has strong standards to the open and the right way and this is standard is from the work of (inaudible). we want this standard in the san francisco to respect our jobs and our families. we want to have each other and put safety first. please reset us and vote yes. thank you, supervisors. >> thank you. next speaker, please. >> good afternoon, supervisors. i am a room service server at the marriott for 15 years. covid-19 has hurt me and my co-workers very much. in the union local 2 they are close to 9,000 hotel workers and almost all of us have no work because of the pandemic. i'm asking you to vote yes on this ordinance because i think hotels need to open a safety to bring the business back. i want to go back to work but it's not my business and it's not work for me to go back to. i am a single mom and the head of my household. my kids suffer from asthma so for me it's rea

cooked, camped, and served as a cub scout master for his church. he was training to becoming a police investigator and was posthumously promoted by his department. he leaves behind three sons. lisaenergetic whirlwind in the pennsylvania community. she worked for the school district, volunteered as a hospital prison chaplain, and served meals to the homeless. one community leader told "the patriot-news," quote, you'll never be able to replace lisa b berhannan. never. we'll be right back. 300 miles an hour, thats where i feel normal. having an annuity tells me my retirement is protected. protected lifetime income from an annuity can help your retirement plan ride out turbulent times. learn more at protectedincome.org. -always have been. -and always will be. never letting anything get in my way. not the doubts, distractions, or voice in my head. and certainly not arthritis. new voltaren provides powerful arthritis pain relief to help me keep moving. and it can help you too. feel the joy of movement with voltaren. >>> overnight, president trump threatened to veto a defense spending bill if that bill contains a provision that would strip the names of confederate generals from u.s. mi