coming up, we will go live to the new york stock exchange, where we hear from two ceos -- back at thek stock exchange. we are going back. ed bastian of delta airlines and stephen squeri from american express. that is next. this is bloomberg. ♪ matt: for bloomberg television and radio globally, i am david westin. we're on the floor of the new york stock exchange with two ceos, ed bastian, ceo of delta airlines, and steve squeri, chairman and ceo of american express. we will explain why they are here together, but you have your capital markets presentation today. the question everyone has on their mind is what you report next. we have the delta research in the u.s., omicron. how does that affect your forecast? ed: thank you for coming down and doing this with us. one thing about the virus is are learning more about it. we have more tools at play, technology. people understand the experience. one year ago, we were only 25% recovered. today we are 75%. we will get to 100% over the next 18 months, but the opportunity for us with omicron, from what i understand, it will move fast, highly co

let's get over to bob pisani. >> new boss on the floor of the new york stock exchange. stacey cunningham as president of the new york stock exchange, beginning january 3rd. i have known you for a while now. head of fixed income and data services, one of the three divisions for intercontinental exchange that owns the nyse. this is a different job. nyse is a small part, but a huge part of the investors' consciousness. what are your thoughts of taking over one of the great brand names of the world. >> thanks so much for having me. i'm so excited i don't know if there's a better word to describe the way i'm feeling now and this week other than immense pride i don't know that you can take over such an iconic institution like the new york stock exchange and not feel a tremendous sense of pride and excitement about what we're going to be doing in the future i mean just look at today, three different transactions happening right behind us while you and i are talking. spacs listing on us, business combination, and we have the news of the day, the new bank ipo which is going to j

the decision to abandon the new york stock exchange and go to hong kong, putting pressure on chineseech companies. and lamborghini's ambitions. we will speak to the ceo, stephan winkelmann, about the path forward of electrification and supply issues hitting the industry. amanda: it may well be some of those warnings, including from apple weighing on sentiment. it is a negative day out there. it is led by the techs in the broader s&p 500, the groups that make up tech are the weakest consumer discretionary. weakness also in financials. that has been a strength in recent weeks. some of the highflying names giving back gains today, 5% moves lower out there. and then of course we are looking at meta, trading close to bear market territory. toward the end of the year, people start to feel nervous, and then you check out the yield on the 10 year at 1.36 and you wonder what is going on. it is a bit unbelievable. we have dueling job reports in the u.s. and canada. both strong, but in this country, the labor market is long past expectations. in november, employment was up 150,000. because we a

developer of electrical vertical takeoff and landing aircraft listing and trading on the new york stock exchangewing a merger with spac broad stone acquisition. the company's estimated have an equity value of 2.2 billion. joining us from new york stock exchange floor is stephen fitzpatrick, the ceo of vertical aerospace. thank you for joining us. why was it important to you to list in new york given your company is based in europe? stephen: thank you for having me. it is great to be on the new york stock exchange floor. we are entering the most exciting time in aviation since the dawn of the jet turbine era. when we think about the opportunity in vertical it is a global opportunity. we have aircraft orders from some of the world largest airlines, japan airlines, and in the u.s. we have american airlines as our partner. we have global opportunities. in this kind of injured street -- in this kind of industry, new york has proven itself the best place to raise capital. guy: what does london need to do to fix that? how does london become more attractive to companies such as yourself? mining stocks -

diane king hall at the new york stock exchange.hank you. >>> well, up next, lebron james we'll tell you why the lakers star could miss up to ten days, and it's not because of an injury. ♪♪ thousands of women with metastatic breast cancer are living in the moment and taking ibrance. ibrance with an aromatase inhibitor is for postmenopausal women or for men with hr+, her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole significantly delayed disease progression versus letrozole. ibrance may cause low white blood cell counts that may lead to serious infections. ibrance may cause severe inflammation of the lungs. both of these can lead to death. tell your doctor if you have new or worsening chest pain, cough, or trouble breathing. before taking ibrance, tell your doctor if you have fever, chills, or other signs of infection, liver or kidney problems, are or plan to become pregnant, or are breastfeeding. for more information about side effects talk to your doctor. ♪♪ be in your moment. ask your docto

diane king hall is at the new york stock exchange with those stories and more.ter: good morning, anne-marie. stock futures are pointing to a lower open after another day on the plus side on wall street. all three major indices gained steam for the third day in a row fueled by waning concerns over the omicron variant. the dow gained 35, the nasdaq rallied 100. and the s&p 500 was up 14. >>> the families of nearly 61 million children could get their last child tax credit payment this month if congress doesn't act soon. president biden's "build back better" agenda which passed in the house includes a one-year extension of the monthly payments, but the legislation faces an uphill battle in the senate. the irs has told some lawmakers the bill needs to pass in 19 days in order for the payments to continue in january. >>> the ceo of mortgage company better.com is now apologizing for the way he fired hundreds of employees during an online meeting. he laid off about 900 people over a zoom call earlier this month. the video leaked, and he faced intense backlash on social

didi announced plans to delist from the new york stock exchange whether to avoid the stocks.f the worst big ca capper performers. that story is later in the show. >>> chinese tech stocks slammed amid the broader sell-off. including a.m. bah bah, baidu and didi sinking down by about 22%. the company announcing to plan to delist from the new york stock exchange and prepare to list in hong kong instead on the back of the company facing regulatory pressures from china since listing in the u.s. back in june. let's bring in managing director and senior policy manager. didi's problems started a day after ipo'g in the u.s is this what china wanted? >> that's a good question. i don't know exactly what the chinese regulators want given what we have seen and i don't know if this is a didi centric delisting or a long wave of ipos not coming to market at all as a result of the regulators cracking down. because of the dual tightening here in the u.s. under the foreign countries accountable act and china under the personal information protection law i suspect this is a wave of delistings to

stock exchange, the new york stock exchange, jon looked it up in the rulebook, cannot close on the lastf a quarter or a year, even if they want to give you a holiday for when it falls on a saturday or a sunday, so that is why the new york stock exchange is trading. the u.s. 10 year not doing a whole lot, at 1.5032%. the euro not doing much. we have seen some dollar strength this year, bringing the euro down to one point 13. i noticed earlier the dollar buys ¥115. even without much movement today, still a relatively high level, the greenback against the euro, against the yen, against other currencies. the interesting thing is that nymex crude continues to move down, now off almost 2% at $75.53 a barrel. we have seen it come off, although still, nymex and brent crude are hovering near their one-month highs. let's talk about geopolitics right now. daniel tannebaum, and have financial crime leader at oliver wyman -- anti-financial crime leader at oliver wyman, joins us not only on the call between president biden and president putin yesterday, but also the issues russia has with the west as

naomi ruchim at the new york stock exchange.u so much. >>> up next, clark griswald works the drive-through? actor chevy chase surprises some fast food customers when he decides to lend a hand at a raising cane's. decides to lend a hand at a raising cane's. pain hits fast. so get relief fast. only tylenol rapid release gels have laser drilled holes. they release medicine fast for fast pain relief. and now get relief without a pill with tylenol dissolve packs. relief without the water. today we're kicking off breakfast with heart-healthy quaker oats! -good call! -good call! real good call! brees, pass the oats! apples and cinnamon! still got it, baby! hey, wait for the bus! [whistle] unacceptable, bus! what i do? illegal use of window! he gets fomo, fear of missing oats. penalty reversed! the result of the play is... breakfast. quaker oats, a super trusted super food. always a good call. there are many reasons for waiting to visit your doctor right now. but if you're experiencing irregular heartbeat, heart racing, chest pain, shor

naomi ruchim is at the new york stock exchange with that and more.ood morning to you. investors today will be focused on the federal reserve's final monetary policy decision of the year which will likely include the withdrawal of its crisis-era stimulus program. meantime, the three major indices ended in the red yesterday. the dow fell 106, the nasdaq dropped 175, and the s&p 500 lost 34 points. >>> get those holiday gifts shipped today if you want them to arrive before christmas. for fedex, the deadline for ground and home delivery shipment is today. the same goes for u.s. postal service retail ground deliveries. the postal service said this week is expected to be the busiest week of the season with nearly 2.3 billion pieces of mail expected to be processed an delivered. >>> parents who depend on the child tax credit program could potentially get their last check today. the future of the benefit remains in limbo as congress debates the "build back better" act which would include a one-year extension of the mnthly payments. the president's program is

diane king hall reports from the new york stock exchange. >>> stocks finished last week higher despite inflation hitting a 40 year high. dow rose 216 points friday. nasdaq rallied 113 and s&p 500 climbed 44 for a record close. the pandemic continues to sew uncertainty in financial markets but federal government isn't changing what it means to be fully vaccinated against covid-19. yesterday dr. fauci described getting a booster dose as the optimal protection against coronavirus but said fully vaccinated still currently means two moderna or pfizer shots or a single johnson & johnson dose. >>> apple could soon be the first u.s. company valued at over $3 trillion. by close friday market capitalization stood at just over 2.94 trillion. in 2018 apple became the first trillion dollar company. two years later it became the first with a $2 trillion valuation. that's your cbs money watch report. for more head to cbsmoneywatch.com. at the new york stock exchange, i am diane king hall. >>> people in burling game want park lets to become permanent but businesses will have to cough up thousands to k

yes. >> diane king hall at the new york stock exchange.lot, diane. >> thank you. >>> up next, honoring those who transformed the world. we'll unveil "people" magazine's people of the year. but your first treatment could be a chemo-free combination of two immunotherapies that works differently. it could mean a chance to live longer. opdivo plus yervoy is for adults newly diagnosed with non-small cell lung cancer that has spread, tests positive for pd-l1, and does not have an abnormal egfr or alk gene. it's the only fda-approved combination of two immunotherapies. opdivo plus yervoy equals... a chance for more time together. more family time. more quiet time. opdivo and yervoy can cause your immune system to harm healthy parts of your body during and after treatment. these problems can be severe and lead to death. your doctor ght aw if you he a; during and after treatment. orest b these problems can be severe and lead to death. severe stomach pain, nausea or vomiting; dizziness; fainting; eye problems; extreme tiredness; changes in appetite,

apparently if a holiday falls on a saturday or sunday, according to the new york stock exchange rulese friday or the monday off, unless it is the last day of a quarter or a year, and since this is both, that is why the new york stock exchange isn't getting off. do they have it often sydney? let's ask -- it off in a sydney? let's ask our managing director brad hobson. kriti: i think they are gearing up to do some fireworks. i have been waiting for two hours to jump in because it is not just jon ferro's birthday. it is also gymnast gabby douglas's birthday and diane von furstenberg's birthday as well, so let's wish them also a very happy birthday today. matt: so kind of you to look that up and share that knowledge with us. happy birthday, jon ferro. happy new year's eve day to all of you out there. kriti, dani and i will be with you for another hour. coming up, to preview 2022. this is bloomberg. ♪ every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable n

listed shares of didi plummeted after the ride haling company it said it would delist from the new york stock exchangenese stocks under pressure today and this year. the w web china internet etf cut in half in 2021. your trading nation team today is craig johnson of pipe letter sandsler and ava ados. i guess the regulatory risks outweigh the benefits of owning chinese tech >> absolutely we eliminated our china exposure over the last year or more we have seen a series of unpredictable news announcements that have been detrimental to chinese companies. that is a remind hear the regulatory risks associated with them exceed and outweigh any potential benefits you can have with their growth names. >> craig, what's the trade. >> the trade is, the chart says it all, seema. when you look at it, you can see it purely looks like people are trying to catch a falling knife. they are making five-year new lows on the bkcn if you drill down and look at the baba chart that's 10% of that particular index. there is no indication we have hit a bottom the trading advice is pass on this and wait until there is clear evide

diane king hall is at the new york stock exchange with those stories and more.ing, diane. >> reporter: good morning, and happy friday, anne-marie. this morning traders are awaiting the labor department's monthly jobs report. that will be out later this morning. it's expected to be strong. it comes as all three major indices rebounded yesterday as concerns over e coronavirus variant eased for now. the dow rallied 617 points. the nasdaq jumped 127, and the s&p 500 added 64, logging its best day in seven weeks. >>> google employees will not be returning to the office on january 10th, as planned. the company is delaying its mandatory return to an unspecified date amid fears over the omicron variant of the coronavirus. in an email, google said individual offices can make decisions on when to require employees to come back based on local covid conditions. google and other companies have pushed back return dates several times as the virus continues to spread and mutate. >>> the dollar store is rolling out new stores to lure customer who's have more cash. the company is

diane king hall at the new york stock exchange.k you. >>> well, up next, saving the koalas. what the government of australia is being urged to do to help them survive another fire season. there are many reasons for waiting to visit your doctor right now. but if you're experiencing irregular heartbeat, heart racing, chest pain, shortness of breath, fatigue or light-headedness, don't wait to contact your doctor. because these symptoms could be signs of a serious condition like atrial fibrillation. which could make you about five times more likely to have a stroke. your symptoms could mean something serious, so this is no time to wait. talk to a doctor, by phone, online, or in-person. >>> here's a look at the forecast in some cities around the country. ♪ >>> didn't get him and give alexander credit as devonte sends it -- the game winner! >> talk about a hail mary. the new orleans pelicans' devonte graham had the buzzer beater to beat the thunder 113-110. the longest game-winning shot in the nba in the last 25 years:the jacksonville ja

at the new york stock exchange. i'm diane king hall. >>> in the bay area bright spots more than two dozen neighbors are gathering to spread cheer. >> its been a holiday tradition for decades. katie tikis us on a cure of candy cane lane in pleasanton. >> we are driving down walnut drive in pleasanton and since 1953 every homeowner has decorated their house for the holidays. all we have to do is set our radios and we are ready for the sights and sounds of the season. >> this is amazing this is my first time coming here. one of my friends posted about it on instagram. wow, i didn't know it exist. >> we like sitting up on the porch and waving saying hi to folks and showing them snow out of the snow men. it does snow here on candy cane lane. >> the snow is falling friends are calling you. >> what does it feel like? >> it's so magical. >> to see her face. it's just amazing to see her face light up and be so excited and embrace the whole christmas experience. it's really a true gift. >> let's look at the show. >> everybody

let's look at the new york stock exchange.e up by 150 points. >> commercial crab fissures started setting traps in the waters. state start of the season out of concern that humpback whales could get caught in the lines. all long island familil long isn video is going viral this morning. >> they all managed to be seated at the dinner table in person in the safest way they thought possible. big sister did not let little sister spoil the plans they have for christmas. they put cameron in here. this is a see-through enclosed bubble contraption. there is a seatbelt. it's entirely enclosed. karen didn't want to give up her seat at the dinner table. the video has been viewed more than 7 million times. >> don't leave her in there. obviously the bubble was a great idea and it really helped us celebrate christmas in the best and safest way we thought was possible. >> look at her smiling away. cameron tested negative yesterday. so she got out of the bubble. she did that interview and she is living her life. look at the dogs. >> what is g

new york. it's an honor to be on the new york stock exchange.esigning and really pioneering the use of zero carbon technology for aviation. and i have to say, you just mentioned 118 years on the 17th of december, the first power-controlled flight for 400 miles from new york city, the wright brothers. this is the most exciting time in aviation probably since the dawn of the jet era. we're going to electrify air travel and decarbonize air travel, and with the money that we've raised today, we're going to be investing in the next generation of aircraft that are not just going to be taking off, but taking off from rooftops and skyports and cities all over the world. liz: well, let's talk a little bit about how this works. it can travel about 100 miles on a single battery, go about 200 miles per hour. talk about how the engineering of it allows it to work through heavily populate ared urban areas -- populated urban areas. >> yeah. one of the things you've really got to understand about this new generation of electric aircraft, when we talk about batt

let's take a look at the new york stock exchange now. can see right now that we are up by about 125 points. julian: the next time you place an order with doordash, the ceo might be dropping off your food. they require all nondelivery workers to make at least one dash for -- a month. an anonymous employee posted on the social media platforms using an expletive, saying this is not what they signed up for. motorola is working on a new version of it mobile phone. the third generation the razor is expected to feature better processing power and more user-friendly interface. they improved on it last year with a better battery life, adding 5g support. kumasi: you could get your daily fill of puppy cuteness at any time. featuring video of cats, and puppies looking for their forever homes. nearly 10,000 dogs and cats have found new homes. friday celebration is happening. the ball in times square is there and ready to go. julian: the sparkling sphere created by waterford. the ball is made up of many sparkling crystals. the theme this yrshe gt wdo

that should offer help for staff challenged businesses will james sweeney has more from the new york stock exchange. hi james. good to see. stocks are edging higher as we approach the end of the year to the markets feel that our micron is less of a threat than previously thought. well, i can't really speak on behalf of all of the markets. what evidence would suggest that to be the case is omen crohn less of a threat to the markets? yes, it has been here. the u. s. at least we went from being told to be in fear of a deadly 3rd variance a well, it's more contagious or contagious than delta, but not as deadly to the cdc here, recommending 10 day quarantines for breakthrough cases and our recommending 5 just yesterday we've had hundreds of celebrities, athletes, traitors who on wall street, they've gotten it. they're back on camera, they're back playing sports thousands across the world. have it right here in new york city. there's thousands lining up. they're just being safe. they're being cautious and trying to prevent the sped. but is oma cron less of a threat for the most part here in the united st

well, james sweeney has more from the new york stock exchange. hi james. good to see. the stocks are edging higher as we approach the end of the year to the markets feel that i'm a crown is less of a threat than previously thought. well, i can't really speak on behalf of all of the markets, but evidence would suggest that to be the case is overcome less of a threat to the markets. yes, it has been here. the u. s. at least we went from being told to be inferior, but deadly 3rd, very and so, well, it's more can they just what contagious to delta, but not as deadly to the cdc here, recommending tend to quarantine for break 2 cases. so now, recommending 5, just yesterday you bet, hundreds of celebrities athletes, traitors here on wall street. they've gotten it. they're back on camera, they're back playing, sports bells is across the world. have it right here in new york city, there's thousands lighting up. they're just being safe. they're being cautious and trying to prevent the sped, but is oma chromos of a threat. for the most part here in the united states, it is now you

well, james sweeney has more from the new york stock exchange. hi james, good to see. stocks are edging higher as we approach the end of the year to the markets feel that a micron is less of a threat than previously thought. well, i can't really speak on behalf of all of the markets, but evidence would suggest that to be the case is problem less of a threat to the markets. yes, it has been here. the u. s. at least we went from being told to be inferior, but deadly 3rd, very into. well, it's more can, they just were contagious to delta, but not as deadly to the cdc here, recommending 10, the current teens for break 2 cases. so now, recommending 5, just yesterday we've had hundreds of celebrities athletes, traitors here on wall street. they've gotten it, they're back on camera, they're back playing sports thousands across the world. have it right here in new york city. there's thousands lining up. they're just being safe. they're being cautious and trying to prevent the sped, but its own promise of a threat. for the most part here in the united stat

nubank plans to list class a shares on the new york stock exchange, while also offering resilient depository receipts on the sÃo paulo. the u.k. antitrust watchdog has ordered meta platforms to sell giphy, marking the first time a global regulator has forced big tech to unwind a completed deal. facebook's parent paid $350 million for the gif search engine last year, raising concerns from regulators. they say the deal reduces competition between social media platforms and are forcing a divestment. meta says it is contemplating all actions. i'm sure you got a giphy from me before. dani: i'm sure i have. i do not doubt that at at all. let's talk about one of the main stories today, and it's the end of the road for calling inflation transitory. jerome powell told congress it is a good time to retire the word and suggested the fed could end its asset purchases earlier than planned. >> the threat of persistently higher inflation has ground. the task that we have articulated has been met now. inflation has run well above 2% for lung of. the were transitory has different meanings to different people

taking a look at the new york stock exchange. we are good by about 30 -- are down by about 30 points. >> marking a milestone with the girl of the year doll by american girl. the popular doll maker revealed the first girl of the year of chinese descent. she lives in aspen, colorado and loves skiing, being a big sister and training her new puppy to be a search and rescue dog. american girl hopes her story can spread awareness about the rise in anti-asian hate crimes and create positive change. as people are getting ready to say farewell to 2021 and usher in the new year, there's a champagne shortage. liquor sellers say that some higher end brands -- i cannot pronounce it -- we have talked about this. >> go for it. >> those are sold out. the reason for the shortage is threefold, increased demand, diminished great harvests -- diminished grape harvests and issues with the supply chain. >> there is a lot of harvesting, but it will be more of a challenge to get this season. >> experts say there are other types of sparkling wine and enco

diane king hall at the new york stock exchange. you so much, diane. >> you got it. >>> up next, a surprise move by singer drake. why he's taking himself out of the upcoming grammy awards competition. >> here is a look at today's forecast in some cities around the country. >> nasa introduced 10 new astronauts. six men and four men range in age 32 to 42 years old. half of them are military pilots. they will begin two years of training for possible trips to the moon and missions to the space station. nasa received more than 12,000 applications. >>> former cnn anchor chris cuomo is leaving his radio show. he says the accusation is not true. he was fired by cnn over the weekend. he was initially suspended after new details surfaced showing he played a greater role than he first thought trying to help his brother former governor andrew cuomo responding to his own sexual misconduct allegations. >>> the recording academy withdrawing drake's nominations at the request of the rapper. he received two nominations for best rap album and rap per

of live look at the new york stock exchange. we are up about 178 points this morning. hen you were tossing out. in january, no more tossing food scraps like banana peels or veggies in the trash. californians will instead be required to put excess food and waste bins. cities and counties will composted to create an energy source. the director of cal recycle says it's about moving -- removing foodways from landfills that condemns the atmosphere. >> this is the biggest change since we started recycling in the 1980's. every time you put that banana peel inorganic waste, it is turned into compost or a biogas and gets his next life, we are fighting climate change. kumasi: they estimate organic material like food and yard waste makes up half of what is in california landfills. a fifth of the state's methane emissions. what happens if you don't follow the law? cal recycle is focusing on compliance first. reggie: good news for families helping to put crab on the table for holidays. fish and wildlife is allowing commercial crabbing to open on the central coast next week. it is st

here's a live look at the new york stock exchange. we are down 143 points. tting a new record high. today we are off so we will see if we rebound. kumasi: instagram's ceo is pledging the company will do more to protect young users. the ceo testified before a senate panel yesterday. they are facing scrutiny over the impact instagram has on young people. lawmakers asked about researchers -- about research showing teenagers are easily able to access accounts that sell drugs. >> i don't think you can take one or two examples and indicate that that is what happens in the platform broadly. kumasi: hours before the testimony, instagram allowed feet -- instagram announced features that will allow parents to control how much time kids spend on the app. -- instagram says it instagram clear it is creating new options , not making everybody switch back to the chronological feed. the new options rollout early next year. reggie: officials in new zealand are looking to make smoking tobacco a thing of the past. the country announced a plan to raise the legal age to buy tobac

now let's take a live look at the new york stock exchange. re up right now by about 75 points. jobina: there is a new wearable trying to break into the fitness marketplace, and it is a ring -- more precisely, a smart ring. movado says says says says says blood oxygen, steps, and calories. it even can tell you why you slipped the way you did, and alert you when your body temperature goes up, for those trying to conceive. more details will be announced next week at the consumer electronics show in las vegas. movado says it will be among the most affordable health devices. bring a slice of new york city into your home. papa john's is expanding their menu, adding a new york style pie. it will be available for pizza lovers at papa john's restaurant starting now through march of next year. it comes with eight oversized slices, perfect for folding, if that is your thing. kumasi: new at 6:00, a 6:00, a 0 holiday surprise for one proud oakland restaurant you will see on good morning america. jobina: i actually love this place. it serves israeli cuisine

a new look at the new york stock exchange as we get trading this morning.the omicron variant and the coronavirus may cause milder symptoms. the dow closed up nearly 2% and the trend continues. we are up about 409 points. kumasi: instagram is rolling out its new feature today to remind you to stop scrolling. the take a break tool encourages users to step away from the app after spending a certain amount of time on it. users have to opt in and choose if they have to be alerted after 10, 20 or 30 minutes. they will make it an alert to close out the app suggesting they take a deep breath, check off something from there to do list, or listen to a song. tomorrow, instagram's ceo will be appearing before senate lawmakers to answer questions about the impact of the app on young users' mental health. reggie: and this san francisco is getting recognized for his work and getting his classmates vaccinated. for halloween, he dressed up in a vaccine costumes to put kids at ease about getting the shot. >> i bought them all online with money i got from a previous seinand i

kumasi: you're looking at the big board at the new york stock exchange.f you are looking for a stocking stuffer, have you tried to dollar store? a mother of three puts the bargains to the test with some tips. first we check in with mike nicco. mike: we know it is called outside. not all of us -- it is cold outside. not all of us need an umbrella. it is cooler than this time yesterday. the east bay, we have low to mid 40's with showers hanging around. 42 to 45 degrees. you can see we are in the low to mid 40's. here's a look at one last shower trying to develop over the ocean as this batch of energy rolls through. it is heading from point reyes to the golden gate bridge and eventually the richmond san rafael bridge. you can see the heavier cells, the yellow starting to move up to the east as we are starting to unwind this storm system. there is a chance of more showers developing over the ocean and getting close to our coast. some could have snail -- could have hail and snow. future radar shows a different story as far as what is over the ocean. you can se

i'm sara eisen here at the new york stock exchange. plenty of green on the screen to kick off the trading week. the dow is erasing last week's losses. >> good afternoon. i'm wilfred frost. today investors digesting the latest on the omicron variant and optimistic headlines white house medical analyzing dr. fauci saying the data is encouraging. reopening plays like airlines, cruises and online travel jumping today. oil is getting a pop and we are keeping a close eye on the crypto market after a brutal weekend of trading. 59 minutes left of the session energy in the lead. >> every sector higher coming up david giroux with the outlook for 2022 three names he says are a long term opportunity shares of poshmark higher today. we'll talk to the ceo about the business and what he's seeing in terms of consumer spend. >> first let's focus on the big stories with mike santoli and a closer look at the volatile tech sector mike, the broader market's up 1.3%. >> respectable we responded to what's building up as an oversold market the average stock d

s&p is not representative of all stocks we can also see that relative to breadth for the new york stock exchangeomposite where there are -- let's call it under 50% of the stocks there under the -- over the 200-day moving average. within the s&p we see stock performance struggling to get above the 50-day moving average. the stocks that we know so well a handful, maybe a half dozen driving s&p performance and when i look at bigger picture items into 2022 we have a fed that's novel constraints on the hands persistent inflation and it's already at the zero bound with funds. why that's important is if we harken back to 2018 we remember when things started to slow and the economy started to wobble a little bit the fed cut from 250 to 175 that's sort of cured the yield curve inversion and stimulate the economy and get asset prices to rally after a 20% draw down late '18 rates are hugging the zero bound and the only thing to do is use the tools to fight inflation and that in and of itself only could cool the economy. >> and is year end itself a potential trigger for selling or not so specific as that? >

there is a live look at the new york stock exchange. , we are up about 64 points. >> news eight features bad news if you go to your meetings late. the status tool allows people te see if a person joined a meeting on time. this announcement was made in a blog post. the tool also shows people who were invited to the meeting and have not logged in yet on a not joint section. -- not joined section. >> bath and body works. the annual three-day candle event starts today, but we will have to pay more attention. three wick candles are $.30 higher than last year. the company calls the sale a beloved tradition, saying it will continue while supplies last. >> i do love a candle. or so, every year. >> yes i do. >> coming in and burning it. >> it is nice and homey. >> is nice. just blow it out before you leave. >> the pandemic is ongoing, but there are still so many fun things you can do in our communities, and a lot of them are covid safe it >> --. >> this is a holiday edition. >> so many of our holiday favorites are back, including that deck the ha

some big changes here at the new york stock exchange. lynn martin will become the new president of the new york stock exchange, replacing stacey cunningham stacey will go on the board. sharon bowen, who will be the nyse chair, will replace jeff sprigger, but he will remain as the chairman and of course we'll get to lynn martin very soon, hopefully have her down here on the floor and have a chat. >>> we'll continue with the markets 'coverage as the time-outs is up better than 1% the outperformance has been some of the strongest of the year time for the bond report, as we're watching that ten-year still stubbornly below i know, becky, jim asked you about that this morning. we'll be right back. what the world needs now... is people. people who see flight a little bit differently. so it takes less fuel to bring people together... ...and make faraway places feel a little closer... ...with engines that power planes more efficiently. because seeing a better-connected world isn't far in the future. we're building it... now. ge. building a world t

a live look at the new york stock exchange, what a reversal.ay, stocks took a big hit because investors were nervous about omicron. today, we are up. more than 300 points. kumasi: christmas came early for tesla owners. you can use superchargers for free during off-peak hours, thursday through sunday from 10:00 a.m. to 7:00 p.m. a full list of locations is on tesla's website. the locations offering the holiday freebie are mostly located along the i-5 cord in the central valley. none of the bay area supercharging spots were listed. san francisco's newest luxury housing complex is about to welcome its first tenants. reggie: we are getting a first look inside. it is targeted toward seniors. i would not call it affordable housing. some of these units are going for up to $17,000 a month. there are 208 units at this 14 story place called cathedral hill. studios start at 7700s start at they can include assisted living and memory care, there are more amenities. >> the price is all inclusive. everything you say. who have a concierge team downstairs, 24 h

kumasi: and looking live at the pegboard in the new york stock exchange. another update, next. cretly dropped a brand-new electric vehicle to buy on its website, but it is not meant for you. sorry. i'm in the market for one. mike: oh well, sorry. let's take a look at the drought monitor, and we are still seeing parts of the north bay, and severe -- north bay and ukiah in severe. it leads to the dryer ground, drier air, and the ability to warm up directly with high temperatures. 17 canfield, 73 in san francisco and oakland, san jose, 75, and 80 down in morgan hill. temperatures drop off considerably at night, 46 in castro valley, fremont, three. oakland right now, 48 and berkley, 47 degrees. we have the fog and 44 in brentwood, upper 30's around the votto and -- around novato and santa rosa. let's go back to the east bay, 44 this morning with fog, 54 with a foggy haze, and low to mid 60's through the afternoon hours to 54 at 8:00 with those high clouds. and francisco, advertise around 60, but look what happens tomorrow and saturday -- the triumphant return of the fog, or our mari

her as a teenager and tonya's right. handling giant dd global says it will deliver on the new york stock exchange and pursuer listing and hong kong. instead, the company pushed ahead with its 4000000000 dollar initial public offering in july, despite warnings from beijing about data security. so those were the headlines. the news continues here on al jazeera. after hours in a world statement, thanks a lot bye for now. sediment and development have altered the course of the revenge . it no longer flows to the sea. and around 10 years ago it became more susceptible to red tights. the boom of l k calls as discoloration in the water. i'm going to scoop some of his water out and you can see there's a rust colored tinge to it, checked by the fisheries department, show the l. he in the getting river is of the alexandria species, which produces toxins, grossly been brought him is a fisherman for malicious, don't, but district in collect that. in the 1990s the giddy river was clear. you could see the said, we didn't have any problems here. now the river is polluted and it smells bad. fisheries officials h

we are live at the new york stock exchange. good morning to you. >> hi. >> i hear you. >> okay. we are having some problems with her. hopefully we can get back to her little later in the show. we are having audio issues for sure. >>> and time now is 538 an eeri scene in sacramento. what led to an hours long power outage for hundreds of people. >>> and bay area reservoirs getting desperately needed rain but did it put a dent in the drought? the big question. >>> we hope so. all right. we are tracking the second storm system of the week coming our way it. will bring widespread rain and strong winds. ly show you the timeline, what you can expect to see that rain where you live coming up. wits are waking up to what's possible with rybelsus®. ♪ you are my sunshine ♪ ♪ my only sunshine... ♪ rybelsus® is a pill that lowers blood sugar in three ways. increases insulin when you need it... decreases sugar... and slows food. the majority of people taking rybelsus® lowered their an a1c of less than 7. rybelsus® isn't for people with type 1 diabetes. don't take rybels

look at that that's 60% since its new york stock exchange debut you have to wonder, is it going to attractinvestor appetite over in hong kong when the shareholders and the earlier ones before it listed. so what speaks to the chinese contacts and mike santoli talked about this at the beginning of the show some of the chinese names, they are still despite the sell-offs still huge they have huge market caps like alibaba. they've been one of the worst performers, guys and we'll see how they do next year and i will see you back here tomorrow we'll do it again. halftime report starts now >>> all right. thanks so much welcome to "the halftime report." front and center, surging stocks and the s&p on the best record run ever and the dow into the end of the year, as well does it make our committee more bullish about 2022 or more nervous that we're pulling too much forward we'll ask them and we'll debate it joining me for the hour, jason snipe, jenny harrington and jon najarian, co-founder of market

protect interests and chinese right. handling giant dd global says it will d list from the new york stock exchange and pursuer listing in hong kong. instead, a company pushed ahead with its 4000000000 dollar initial public offering and july . despite warnings on beijing about data security. for those were the headlines and continues here now to 0. after hours they were world stage, and thanks for watching bye for now. ah ah, a nurse and tiffany, him who did eat so wouldn't be as if you'd had em. let's see him up after the su, oklahoma could only love it that beautiful phoenix because it was a bit of an emergency when i was up. and i mean, they even looked very off. he sent me to let them in the house, you know, and also i with hired, we did some american net, e and making a what implant home of gunny. but it's, it's marshal, kind of, you know, was just weren't from wooster, mom. and let me say any buddy that he sat with what he did, he say hello, hello marina. in age like when did we end up believe? oh zip, right. so, and just a will a will a war and will so, i mean, it will hired, we little, we o

second, planet, which went public on wednesday on the new york stock exchange, it has launched satellitesn space to take photos of the earth. it will continue to take these photos for disaster prevention, for wildfire prevention, for mining and agriculture. it also has satellites for ship and plane tracking as well. romaine: really interesting stuff, tess hatch helping us kick off this discussion, partner at bessemer ventures. she talked about a lot of satellites around the earth, but there is a lot of ambition to get to mars. scientists from around the globe are imagining how the red planet and the settlers on the red planet might live. we will talk with some of the big minds working on those plans, next. but up next come here what richard branson said about the cost of space travel coming down. >> we have a lot of people who have signed up to go to this world where we are developing over the last 80 years. but the team are now ratcheting up building more spaceships. once we have a number of spaceships and those people who can afford to pay a little bit more have paid it and gone to spac

at the new york stock exchange a strong pre-market picture giving way to down beat session on wall streetas we head into the final hour of trade. >> ping-pong session i'm morgan brennan in for sarah brennan. tech under serious pressure and adobe and chip stocks seeing biggest declines and mega tech apple and tesla falling as well and investors trying to make sense of the fed's latest guidance including a mor

kumasi: and you are looking at the new york stock exchange. up right now. reggie: plus, back in business. new additions of building a better bay area. first, a check on your accuweather forecast. mike: let's take a look at live doppler 7. you can see a drying trend, at least in the activity that is out there, but the damage is already done to our morning commute. we will talk to jobina more about that, coming up. nearly six inches of rain this week. you can see how saturated it is at 880 near the coliseum, and that is the case if you were on the ferry. rainy for another hour or two, and if you take mass transit, grab an umbrella. those stops are wet. at some boots because there are puddles. mild. we are definitely more comfortable, five degrees to 12 degrees warmer, 48 to 51 across san francisco right now. 50 at richmond, palo alto, belmont. 53 union city. the rest of us in the mid to upper 40's. future radar, look at the clouds. they open up through the morning commute as grain exits to the south with stray showers developing for a couple of hours across th

diane king hallreports from the new york stock exchange. >>> stocks fell thursday ahead of release of latest inflation report due this morning. dow shed a fraction of a point. nasdaq slumped 269 and s&p 500 fell 33. workers at a buffalo, new york starbucks voted to unionize. national labor relations board announced results yesterday. the location is the first shop in the chain's 51 year history to be represented by a union. starbucks opposes unionization at stores and says it prefers to deal with employees directly. >>> unvaccinated workers can force amtrak to reduce service last month. 95% of the staff have already gotten at least one shot. the rest have until january 4 to get vaccinated. if they don't comply with the mandate amtrak says fewer trains will be run on lines especially long distance routes. that's your cbs money watch report. for more head to cbsmoneywatch.com. i am diane king hall. >>> today near sacramento, arraignment of the father and son accused of sparking devastating caldor fire. back in september it destroyed hundreds of homes and displaced thousands of people ne

for more head to cbs money watch.com at the new york stock exchange. i'm diane king hall. >>> big news for music lovers. some acts are hitting the road this summer and changes in the air for the marvelous miss mable. >>> after two years, it's finally back. in a new trailer midge appears to land on her feet after losing a career opportunity. >> make me a headliner. how am i supposed to do that if i can't even book you? >> i don't know. you're my manager. >> season 4 streams on prime video february 18th. >>> adele is headed to vegas after the release of her 4th studio album. she has announced her residenc, at ceasar's palace. should he will preform two shows every weekend starting january 21th through april 16th. >>> the fo fighters have announced more north american tour dates. the new hall of famers adding 17 new concert dates for next year's tour including new york city field and two in la. >>> and music lovers can also check out chicago and brian wilson this summer. the two legendary acts will co headline a united states tour starting june 7th in phoe

diane king hall reports from the new york stock exchange. >>> wall street moved higher wednesday. dow added 35 points. nasdaq jumped 100 and s&p 500 gained 14. investors cheered news that pfizer's covid-19 vaccine is effective against omicron variant. the company says two doses may not be enough. booster increases protection 25 fold. cutting carbon emissions by 65% by the end of the decade. president biden's executive order signed yesterday sets goal of becoming carbon neutral by 2050. the white house plans to spend billions on electric vehicles and upgrade federal buildings with clean energy. >>> a winner crowned, named the best bar in the world for the second year in a row according to the world's 50 pest bars, annual ranking by william reed business media. it was celebrated for staying, quote, true to principles of artful modern drinks with graceful services. that's your cbs money watch report. for more head to cbsmoneywatch.com. i am diane king hall. >>> a push to make california a sanctuary state for abortion if supreme court ends up over turning roe v wade. a council prepared

. >> diane king hall at the new york stock exchange. u so much, diane. >> you've got it. >>> up next, a crackdown on cigarettes. how new zealand plans to eventually ban all tobacco sales starting with the young. right now. to visir but if you're experiencing irregular heartbeat, heart racing, chest pain, shortness of breath, fatigue or light-headedness, don't wait to contact your doctor. because these symptoms could be signs of a serious condition like atrial fibrillation. which could make you about five times more likely to have a stroke. your symptoms could mean something serious, so this is no time to wait. talk to a doctor, by phone, online, or in-person. truthfully, it's frustrating to see how fast dust reappears. but dusting with a cloth is a pain. so this is no time to wait. and dealing with a bulky vacuum.. . is such a hassle. uchhh!!! so now we use our swiffer sweeper and dusters. the fluffy fibers? they pick up dust easily. grabbing it in all those hard-to-reach places. gotcha!!! and for our floors, sweeper's textured cloths lo

. >> another virtual closing of the new york stock exchange today as the new era pinched rang the bell. the dow, up 96 points. nasdaq, down 89. s&p 500, around five points. you probably notice gas prices are starting to go down. but, is the trend going to continue? gas buddy does not seem to think so. the company expects prices to go back at the next year. predicts the national average price will increase around $.30 per gallon. it will peak around may around 3.79. it is all based on the oil production right now. a new wearable device can break into the fitness marketplace. the ring i move i know, measures things like heart rates, sleep, respiration, blood oxygen levels. although there are competing pieces of tech doing similar analysis, the company says it plans to focus on detecting chronic illness. >> alarms will be sounding on mine everywhere. >> minority goes crazy. i can only imagine. >> i don't have that much memory. as we have got the cloudy skies over much of the bay area. missed out there. not much beyond that. you guys are reporting light rain. everybody from santa rosa in t