Weekend easter without the faithful. Plus past pandemics, we explore the history behind these global threat. Welcome in. Morgan and texas treasure, a one of a kind cafe. Giving a chance to children often forgotten by others. Were this is the cbs weekend news. Morgan good evening, and thank you for joining us im Demarco Morgan reporting tonight from los angeles. We start with breaking news. The Federal Reserve has responded to the coronavirus crises by immediately cutting Interest Rates to 0. President trump addressed the nation this evening. Theyve lowered the fed rate from what it was which was 1 to 1. 25 and it has been lowered down to 0 to 0. 25, or. 25. So it is 0 to. 25. Thats a big difference. Right now confirmed cases top 3100 across the country. More than 60 people have died. Nikole killion is at the white house with the latest. President trump is defending his administrations response. He says the u. S. Was never set up for this type of outbreak but will be soon. Because if it
This is the cbs weekend news. Morgan good evening, im Demarco Morgan. Tmow going this christmas eve. Its tough driving across much of the u. S. , not only because millions of americans hit the roads, but they are being hammered by bad weather. And at the nations airports, long lines because air travel is expected to increase this year by about 4 to 6. 4 million flyers. Tony dokoupil has more. Reporter americas roads and runways runneth over this weekend, and not in a good way, as millions of Holiday Travelers gave each other gridlock for christmas. Yesterday, traffic at Los Angeles International airport was bumper to bumper. Today, things were moving a little better. Cross the coast at newark ioternational airport in new jersey, there was a controlled chaos. I figured everybody would be in for the holidays, but i guess this is a huge travel day. We left a lot more time to travel because we thought it would take a long time to get here, and we were told to get here earlier than normal.