Jerome powells chairman testimony tomorrow what he will tell the House Financial Services committee. Just released a more upbeat tone than he was in his last appearance before congress. He is going to say the Second Quarter gdp is largest drop in history. The coronavirus was met with swift action, swift and Decisive Action by both congress and the Federal Reserve. He will say because of that action he believes longterm damage to the economy may have been limited. Now powell welcomes a bounceback in Economic Activity he has been seeing. He says though the path forward remains uncertainty and a full recovery will be unlikely until people feel confident that the coronavirus has been contained and it is safe to go outside. Now he says Interest Rates will remain near zero until they are confident the Federal Reserve is confident that the economy has recovered. He says, the Federal Reserve will use their full range of tools in order to support the economy. Were looking at low Interest Rates
Chemical ircant tackedic in th spotlight well beyond minneapolis. And later no justice, no peace. Voices from the protest front lines. Broad day light. Good evening. Im Major Garrett. Demonstrations sparked by the death of george floyd while in Minneapolis Police custody 13 days ago have coalesced into what appears to be a nationwide todapl returned to the street falling for Police Reforms and Racial Justice. The crowds diverse and overwhelmingly peaceful. Jamie youkilis tonight where it all began. Rtearks a week since george floyd died at the hands of fighting against Police Brutality and racism. Crowds returned to american streets again today following yesterdays mass demonstrations, protesting the death of george floyd. Overnight it got ugly in portland, oregon and seattle. Washington, d. C. Congressman john lewis joined the citys mayor to visit the site. Going to black lives matter plaza. Its been powerful. An francisco, ppedraffic al iconic gden gate bridge. A rally with nearly 30
Many students today take the s. A. T. During the spring, during the school day. Thats about 700,000 students who missed that chance. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. The william and flora hewlett foundation. For more than 50 years, advancing ideas and supporting institutions to promote a better world. At www. Hewlett. Org. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Major new developments in the covid19 pandemic. The United States reaches 90,000 deaths out of 1. 5 million cases, as more of the country loosens restrictions. There is potentially promisin
Comment about george floyd that is overshadowing it all. It is official joe biden becomes the Democratic Party nominee for president. What happened last night that put him over the top and whats next for the Campaign Already disrupted by a pandemic. And storming ahead. Developing overnight, Tropical Storm cristobal grows stronger as it churns toward the gulf coast. Well have the latest track. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. There are still cases that we need to bring attention to. There are still names that we need to say. We still are screaming no justice, no peace because it doesnt stop with george. An entire week of huge protests sparking major changes. Protests are planned for d. C. , new york, l. A. , atlanta, chicago, and florida. A marathon, not a sprint. If weve got to slowly get somewhere, weve got to get there. President trump is hailing a surprising drop in the number of americans looking for work. We absolutely shatte
Many students today take the s. A. T. During the spring, during the school day. Thats about 700,000 students who missed that chance. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straig line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. The william and flora hewlett foundation. For more than 50 years, advancing ideas and supporting institutions to promote a better world. At www. Hewlett. Org. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Major new developments in the covid19 pandemic. The United States reaches 90,000 deaths out of 1. 5 million cases, as more of the country loosens restrictions. There is potentially promising