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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day in 1980, what happened to silver prices?
Think you know the answer? You can check it in the closing area down below!
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Stocks were up slightly this morning after they closed out Inauguration Day at record highs. Already, President Joe Biden has been churning out executive orders, with additional, pandemic-fighting measures expected today (more on those, below).
Investors this morning were anticipating the release of the Labor Department’s latest look at initial jobless claims. Last week, that number blew economists’ expectations out of the water, with a total of 965,000 new filings. This week, analysts were hoping to see a decrease to around 925,000 claims.
Meanwhile, corporate earnings reports continue today, as Intel and IBM release their data later this afternoon.
Janet Yellen, who is Biden’s pick for Treasury secretary, will be up for confirmation by the Senate Finance Committee tomorrow. This follows the confirmation of Avril Haines as the national intelligence director, yesterday.
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Other News That Matters To You:
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In less than 24 hours since his term began, President Joe Biden announced an additional group of executive orders aimed at curbing the spread of the virus.
“The National Strategy provides a roadmap to guide America out of the worst public health crisis in a century,” a document reads. “America has always risen to the challenge we face and we will do so now.”
This plan comes as almost 3,000 Americans die each day.
Biden has already shared his goal of vaccinating 100 million people during his first 100 days in office.
“We feel confident that we can meet our 100 million shots in 100 days,” said the president’s virus response coordinator. “But that is really just the start of where we need to be. We have to vaccinate as much of the U.S. population as possible to put this pandemic behind us, but we don’t have the infrastructure.”
So how will these orders change anything, if at all? What else should you know about them?
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Fredrick Frost
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