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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 1903, the Wright brothers took flight for the first time in North Carolina. How long did that very first airplane ride last?
Bonus points if you can guess the year that the stock market finally saw “the potential of aviation.”
Think you know the answer? You can check it in the closing area down below!
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Stock futures were on the up and up Thursday morning ahead of a big day. The Labor Department released its latest report on initial jobless claims, the stimulus talks are inching closer and closer to a deal, and the FDA is set to discuss whether to issue an emergency use authorization for Moderna’s vaccine.
Analysts predict that the Labor Department will report more than 800,000 new requests for unemployment benefits, following the prior week’s whopping 853,000 filings.
Meanwhile, Senate Majority Leader Mitch McConnell said yesterday evening that, “we’re still close and we’re gonna get there,” on the stimulus front. Lawmakers are now eyeing a $900 billion proposal that would include additional unemployment benefits and a stimulus check.
And an FDA advisory panel meets today to discuss whether it recommends emergency use of Moderna’s vaccine (more on that, below). The meeting follows Wednesday’s record day of 247,400 new infections and 3,656 deaths.
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Are you ready for the coming Big Switch
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Moderna’s vaccine could become the country’s second option in curbing the spread of the virus. Today, the Vaccines and Related Biological Products Advisory Committee meets to determine whether it will recommend that the FDA grant emergency use authorization for Moderna’s solution.
The meeting, which lasts all day, comes exactly one week after the panel’s decision to recommend Pfizer’s vaccine for emergency use.
If the vaccine is recommended today, and the FDA follows that vote with its formal approval, then millions of doses will be shipped to 3,285 places in the U.S.
The leader of Operation Warp Speed, Moncef Slaoui, said that about 100 million people could receive the full vaccination schedule by spring.
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