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MarketWatchDec 05, 2020
Dispatches from a Pandemic: Leading epidemiologist on why the virus has spread in a ‘surprisingly enduring' way in Italy, and how Germany managed lower deaths
Carlo La Vecchia, from the University of Milan, explains what's behind the second COVID-19 wave, why Germany has fared better than most other countries, and how to safely enjoy Christmas.

RELATED ARTICLES
The latest on the coronavirus pandemic and vaccines: Live updates - CNN (Google Business News)

USA Today MoneyDec 04, 2020
Economy adds disappointing 245,000 jobs in November while COVID-19 rages across country
The economy 245,000 added jobs in November as unemployment fell to 6.7% amid a pandemic that hit new case records across the country       

KiplingerDec 04, 2020
Stock Market Today: What Lousy Job Numbers? Major Indices Shoot to New Highs
The Bureau of Labor Statistics delivered a doozy of a nonfarm payrolls report Friday.

The good news: The unemployment rate dipped to 6.7% in November from 6.9%. The bad news? The U.S. added just 245,000 jobs last month - substantially lower than economists' expectations and a clear slowdown from October's revised 610,000 additions.

SEE MORE Where to Invest in 2021 "It's not surprising to see a one-month pause in the rapid pace of payroll gains we have seen, with slower hiring due to temporary COVID-related reductions in activity, even if the actions fall short of the dramatic springtime lockdowns," says Rick Rieder, BlackRock's chief investment officer of global fixed income.

Some on Wall Street were a little more pointed in translating the payroll numbers, however.

"This is a disappointing report, and one that shows the third wave of the pandemic is having a bigger effect on hiring than had been thought, says Brad McMillan, chief investment officer for Commonwealth Financial Network. "This is a wake-up call for Congress and should support more federal stimulus."

Capitol Hill appears to be listening. Today it was House Speaker Nancy Pelosi weighing in, saying "there is momentum" toward a COVID-19 relief bill as the clock winds down on 2020.

Wall Street clearly put more (ahem) stock in Washington negotiations than slowing employment gains, as investors drove the Dow Jones Industrial Average ( 0.8% to 30,218) to fresh-all time highs, led by Caterpillar (CAT, 4.3%), Chevron (CVX, 3.9%) and International Bu


MarketWatchDec 04, 2020
Market Extra: Bank workers could get COVID vaccines before most Americans
Bank workers could receive a COVID-19 vaccine before those over 65 and other adults with medical issues.

RELATED ARTICLES
A Covid-19 Vaccine Is Nearly Here. Americans Need To Keep Doing The Right Thing | NBC Nightly News - NBC News (Google Business News)

Google Business NewsDec 04, 2020
Here's how this grocery and drug store is preparing to distribute Covid-19 vaccine - CNBC Television
Here's how this grocery and drug store is preparing to distribute Covid-19 vaccine  CNBC TelevisionFortune or foresight? AstraZeneca and Oxford's stories clash on Covid-19 vaccine  Times of IndiaNursing facilities preparing for the COVID-19 vaccine  WIVB.com - News 4First US delivery of COVID-19 vaccine will leave out many high-risk workers  ABS-CBN News

Google Business NewsDec 04, 2020
Stimulus check update: Pelosi says there is ‘momentum' toward COVID-19 relief - fox4kc.com
Stimulus check update: Pelosi says there is ‘momentum' toward COVID-19 relief  fox4kc.comPelosi on reason for shift to supporting smaller coronavirus relief: 'New president'  Fox NewsPelosi eyes combining Covid aid with mammoth spending deal  POLITICODavid Brooks: This is the winter Mitch McConnell made  Salt Lake TribuneOne man is standing in the way of coronavirus aid  The W

Google Business NewsDec 04, 2020
El Paso hospitals to receive nearly 7000 vaccine doses in state of Texas' initial distribution plan - KVIA El Paso
El Paso hospitals to receive nearly 7000 vaccine doses in state of Texas' initial distribution plan  KVIA El PasoVaccines won't end Covid so keep wearing your mask, top health official says  CNNGetting vaccines into our arms will require big changes in Texas  The Dallas Morning NewsTexas doctor shares backstory of viral COVID photo  Good Morning AmericaSan Francisco Bay Area issues stay-at-home order for nearly 6 million people  CNN

Google Business NewsDec 04, 2020
CDC urges 'universal mask use' indoors for the first time in U.S. - Daily Mail
CDC urges 'universal mask use' indoors for the first time in U.S.  Daily MailCDC director OKs coronavirus vaccine plan for health care workers, long-term care residents  Fox NewsCDC: US has 'entered a phase of high-level transmission' of COVID-19 | WNT  ABC NewsBDS looks to implement new CDC quarantine guidelines  WMBB - mypanhandle.comU.S. States to Release Vaccine Orders, Distribution Plans  Bloomberg Quicktake: Now

MarketWatch Breaking NewsDec 04, 2020
Wall Street and finance workers could get COVID vaccines before most Americans
Wall Street and finance workers could get COVID vaccines before most Americans

MarketWatch MarketPulseDec 04, 2020
American Airlines sees slowing demand amid surge in COVID-19 cases, but stock rallies
American Airlines Group Inc. disclosed Friday that it has witnessed a "slowing" in demand and forward booking, as a result of the recent acceleration in new COVID-19 cases. The slowing follows a "strong start" to the fourth quarter, and follows travel restrictions in the period leading up to the Thanksgiving holiday. Meanwhile, the stock surged 4.2% in premarket trading, after surging 13.9% amid a three-day win streak through Thursday. As a result of slowing demand, the air carrier now expects fourth-quarter average daily cash burn to be at the "high end" of previously provided guidance of $25 million to $30 million per day. The company now expects to end the fourth quarter with more than $14 billion in total available liquidity, compared with previous guidance of $13 billion in available liquidity excluding proceeds from a $1 billion equity offering. American's stock has climbed 18.2% over the past three months through Thursday, while the U.S. Global Jets ETF has run up 29.3% and the S&P 500 has gained 7.0%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



CNBC BusinessDec 04, 2020
Ford delaying Bronco SUV to summer 2021 due to Covid-related issues
Ford is delaying the launch of its upcoming Bronco SUV from spring to summer of next year due to coronavirus-related problems in its supply chain.

Google Business NewsDec 04, 2020
Masks are critical to stopping coronavirus spread, even at home, CDC says - CNN
Masks are critical to stopping coronavirus spread, even at home, CDC says  CNNCDC director OKs coronavirus vaccine plan for health care workers, long-term care residents  Fox NewsCDC's new Covid quarantine guidance criticized for addressing the wrong problem  CNBCThere's a light at the end of the tunnel, but coming months will be Covid-19 'worst-case scenario,' expert says  CNN

CNBC BusinessDec 04, 2020
CDC quietly adjusted Covid death data, shows higher relative toll on Black, Hispanic people
The CDC's previous infographic, which downplayed the disproportionate burden on communities of color, was widely shared.

USA Today MoneyDec 04, 2020
Store closings: Francesca's files for Chapter 11 bankruptcy protection, plans to close 140 stores amid COVID-19
Women's boutique chain Francesca's has voluntarily filed for Chapter 11 bankruptcy protection with plans to sell the business and close stores.       
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