Im Margaret Brennan. Were going to begin tonight with a nationwide scramble by millions to get home for the holiday and by Public Health offi officials to slow the staggering spread of the coronavirus. Tonight, cbs news has learned the c. D. C. And White House Coronavirus task force are now considering shortening the recommended length of covid quarantines, not because of new research, but simply to get more people to follow the rules and stay home if theyre exposed. Across the u. S. , every week, new infections are accelerating faster than the week before. Tonight, los angeles county, home to 10 million people, is debating a strict new lockdown that could leave streets and restaurants empty. And l. A. s mayor says cases are climbing so quickly in his city, theyll be out of hospital beds by christmas. Nationwide, things are even worse. A recordshattering 85,000 americans are hospitalized with covid19 tonight. Doctor tells cbs news they are running low on help and running out of hope. A
The committee will attempt to order. We are already having some technical problems. There we go. Thank you. Before i begin my Opening Statement this morning, i want to acknowledge the loss of congressman john lewis. The civil rights icon changed history. In 2015, i was honored to be among those who joined him in selma to commemorate the 50th anniversary of the bloody sunday march 2011. I send my deepest condolences to his family and loved ones. Todays hearing comes at a time when our nation is experiencing confluence of the Health Crisis economic depression series of killings laid bare the racial injustices in our country. Our focus today is on covid19 disproportionate impact on black and latino seniors as well as seniors from other racial and ethnic minority movies. According to the New York Times analysis black and latino residents are infected with the virus at three times the rate of their white neighbors and they are nearly twice as likely to die from covid19. The state of maine h
Economist fears to put it all in perspective, chief Economic Advisor mohammed will be joining us. The worlds searching for a cure for the deadly coronavirus, one Company Thinks its device could help save lives, the chief medical officer and cofounder will tell us how it all works. In schools across the nation get set to reopen, one company is ready to make learning from home easier for teachers, parents and students, is sounds good, sullivan learning is here with the fox business exclusive, were less than hour to the closing bell, im abstention Ashley Webster in for liz claman, lets start the claman countdown. Ashley breaking news, right off the top of the show, mgm resorts is said to reopen the mirage casino resort on august 27, and headed crucially of the long Labor Day Holiday weekend, the 3000 room resort along with many other casinos in sin city has been shut since march due to the coronavirus, a sign of progress, right there. Mgm reopening the mirage august 27, as for the markets
Biden, wife of candidate joe biden live coverage on cspan2. The plan is simple. If you spend taxpayer dollars you should buy American Products and support american jobs. Joe biden has a plan to bring Small Businesses and manufacturing back. Thats because joe biden believes the future should be made in america by all of america. He will bring back critical supply chains and create millions of jobs, lower healthcare costs , close tax loopholes for corporations and make investments in our schools. This is a plan for working families area this is joe bidens planfor the future and this is how we will build a better america. From the 33rd district of texas please welcome congressman mark stacy. This is mark stacy congressman for the 33rd Congressional District. I want to thank everybody for being on this digital zoom event today. Doctor jill biden, thank you so much. We really appreciate you joining us. We love you in dallas texas. We love you in fort worth. We love you all over the state an
At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth