Plus Baseball Hall of famer andre dahson now in a different field. This is my calling. And later, in these times whop doesnt need a friend. This is the cbs weekend news. Good evening, im jeff gene ola reporting from koin tv from portland. Teed President Trump lashed out at his predecessor over leadership in the pandemic fight. So far 36 million americans have filed for unemploymement in the last two months. The virus is now claimed the lives of nearly 90,000 americans. By far the worlds highest death toll. Cbss Nikole Killion begins our coverage. The war of words is escalating between President Trump and former president obama over the Coronavirus Response as new internal decisions are also exposed about how some agencies have hand the cr incompetent president , thats all can i sairks grossly incompetent. President trump lashed out at his predecessor after former president obama ripped the administrations handling of the Coronavirus Crisis in a pair of virtual graduation speech this we
For the day, the Dow Jones Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spik
Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spike. They now price in a 30 c
Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spike. They now price in a 30 c
Plus Baseball Hall of famer andre dahson now in a different field. This is my calling. And later, in these times whop doesnt need a friend. This is the cbs weekend news. Good evening, im jeff gene ola reporting from koin tv from portland. Teed President Trump lashed out at his predecessor over leadership in the pandemic fight. So far 36 million americans have filed for unemployment in the last two months. The virus is now claimed the lives of nearly 90,000 americans. By far the worlds highest death toll. Cbss Nikole Killion begins our coverage. The war of words is escalating between President Trump and former president obama over the Coronavirus Response as new internal decisions are also exposed about how some agencies have hand the crisis. He was an incompetent president , thats all can i sairks grossly incompetent. President trump lashed out at his predecessor after former president obama ripped the administrations handling ofhe Coronavirus Crisis in a pair of virtual graduation spe