Gillian good evening good evening, Welcome To Washington im gillian in for bret baier. One Major University just canceled graduation. Are others going to follow . Plus this, President Biden is now facing more disappointing economiccous. Former President Trump says hes worse than jimmy Carter Harvey weinsteins Rape Convictions one of the cases spawned the Me Too Movement now suddenly overturned. Whats going to come next . Gillian first, breaking tonight, two hugely Important Court cases involving former President Trump and his ability to pursue another term in the oval office. The first ever criminal trial of a former president is continuing in new york with more testimony from trumps former ally kicking off the prosecutions case today. Meanwhile, here in washington, at the u. S. Supreme court, trumps attorneys tried to convince justices he has wide ranging immunity from prosecution in an election interference case. We got fox team conch for you. Nate foy is in new york with testimony f
Oversees the Financial Assistance program says that this applies only to single adults between 18 and 65 years. Old. And that right now about 5200 people are receiving the Cash Payments anywhere between 10700 per month. But at this time, people qualify for that money by self declaring that they are suffering from Substance Abuse disorder. So the mayors plan would change a few things. It would require people to be screened to prove their addiction to drugs. That process has yet to be determined and they would have to get into treatment. Mayor breed says that part too many people are refusing available help and are dying from drug overdoses. So its time for new approach. People are not accepting help. And so now its time to make sure. That were cutting off resources that continue to allow this behavior to occur with out the economy, liddy, without someone involved in a Treatment Program that could lead to a better life. So i reached out to all board supervisors to gauge their stance. Let
Dow was down 2. 25 . If you look at what has been happening with treasury yields, this is the question. Will the fed cut and by how much the question is when. The tenyear note at 4. 44. We have seen yields push up. I think traders are actually betting that two rate cuts are more likely this year. Just seeing that in the fed futures at this point. We get inflation data this week with the cpi. That is key. Last week, we were talking about the jobs report and people were saying the Inflation Numbers are more important. The jobs number is big. We will talk to Mohamed Elerian about the topic later. And breaking news. The Biden Administration announcing funding from the chips act. Taiwan semiconductor is giving 6 billion in grants and 5 billion this loans for the factory in phoenix and then a third was announced. Gina raimondo will be on squawk on the street to talk about the chips act and the award at 9 30 a. M. Eastern. That is good news for Taiwan Semiconductor and good news for america.
I wanted to get in the fountain but that probably wouldnt look good. It will be a hot one day. Heat continues into monday. We will get hotter before we pull back just a bit mid week time frame. Here we combo again, everybody another hot day here in philadelphia we do have the the clear blue skies out there, that is the upside of all of that High Pressure that is in control. Take a look at storm scan three and you can see what im talking about here. Clear skies, clear sailing on that i95 cover cover. From d. C. To new york. The out trying, no problems at all. Lets look at these temperatures. The this time yesterday we were cooler, so that gives us an indication we are at 37 degrees in philadelphia, where were going to day. Sixtyone mount pocono. Fiftynine in a Atlantic City. Cher wont see heat we will see here in the city. Temperatures around the region here you can see millville is 63. Sixtyfour lancaster. 67 degrees in wilmington. The lets take a look at some temperatures more hyper l
State fair, more on how the president ial candidates are working to win over iowa voters. Aint world loses a leader in the civil rights movement, we will have more on the death of julian one. It is sunday august 16th, good morning, thanks for joining us. Im Nicole Brewer. Just past 7 00. Lets check with kyla for more of the forecast because it seems just like hot, hot and more hot. We can sing that song, hot, hot, hot you can sing it. I will spare you. That will be our theme song for the day, feeling hot, hot, hot because it is heat, humidity and here to stay for a few more days, unfortunately. Lets get to it. One place that is it is pretty nice right now, the beach. Lets take a live look at our camera here. This is rehoboth beach. 69 degrees. You can see people taking a stroll down the boardwalk. This is a terrific idea. Get out early, take your walk. Look at those gorgeous blue skies. It is a stunner. We have all things to look forward to walking out the door right now. Doing it at 3