We want to begin tonight with some breaking news. A stuny and dramatic new peak in cases of coronavirus, throwing parts of the country back into the darkest days of the pandemic. Tonight and risking months of progress in the fight against infeions sce aprwit tens othousands of new ca in thsoand west. I. C. U. Beds in hospitals are now reaching capacity in florida, texas, and arizona. And confirmed cases are rising in more than half of the country, forcing the governors of texas and california to threaten reimposing lockdowns. North carolina says its now pausing its reopening, and in a stunning move, new york governor andrew cuomo, along with the governors of new jersey and connecticut, say theyll now fine anyone visiting from a covid hot spot that doesnt isolate for two weeks. The coronavirus has now killed 122,000 nationwide, and there are more than 2. 3 million confirmed cases in the u. S. On wall street today, a concern that a resurgence of the virus will stall any possible economic
Could be on the verge of a vaccine breakthrough, and our reporting on a promising new milestone. Could a clinic halfway around the world be the best chance to cure the virus . Case dismissed the president celebrates after an Appeals Court drops the charges against his First National security advisor. But, is the case against Michael Flynn really over . Firecracker crackdown. The dangerous new trend, illegal fireworks set off in neighborhoods nationwide, one child burned while watching from his window, a homeless man lit on fire. Tonight, whats being done to stop it. And, fired up the four women who made firefighting history just by doing their jobs. This is the cbs evening news with Norah Odonnell, reporting from the nations capital. Odonnell good evening to our viewers in the west. And thank you for joining us. We want to begin tonight with some breaking news. A stunning and dramatic new peak in cases of coronavirus, throwing parts of the country back into the darkest days of the pand
Comeback this summer. The Election Campaign getting back to Something Like normal. Its all part of the great opening up which continues rapidly. Georgia was the first. New numbers show that it has bounced back very very quickly. Its economy has. New jersey has lifted the stayathome order. New york city subways have seen a considerable increase in ridership. And the money from the government is finally flowing to business, and get this, Mortgage Applications are surging, too. Add it all up and it looks like a much stronger summer economy. That outlook helping the market. Caution, however. The Federal Reserve releases its first Economic Forecast in six months this afternoon. That could really move stock prices. But right now, we are seeing a Little Movement to the upside, up 50 for the dow, up about, what, 12 for the s p, and another solid gain for the nasdaq, up almost 1 again and back above 10,000. Its great to be back. My thanks to ashley, susan and lauren for working so hard while i
Dangerous new phase. The World Health Organizations dire warning as coronavirus cases soar in the u. S. , 12 states hitting record highs. Preparations for a possible second wave under way in the white house. Florida closing in on 100,000 cases. New concerns it could be the next epicenter. The surge putting the return of sports at risk. Major League Baseball once again shutting down facilities, and comedian d. L. Hughley recovers from this frightening incident in nashville, collapsing on stage and testing positive for the virus. Investigation under way. A noose found hanging in the garage of nascar driver Bubba Wallace, the leagues sole fulltime black driver who fought to have Confederate Flags banned from saying he will not back down. And the 2020 virtual espys packing a powerful punch. We need a change, and we need it now. One of sports biggest nights kicking off with a call to action for all athletes. Sports give us hope. Sports make us feel. Sports bring us together. Highlighting in
I know youre loathe to lay into fiscal policy but given forecast for Unemployment Rates, do you think its important that congress extend the extra unemployment benefits. I think were trying to keep our comments on fiscal policy at a high level ill come to your specific question let me just say this, this is the biggest economic shock in the u. S. And in the world really in living memory we went from the lowest level of unemployment in 50 years to the highest level in close to 90 years and we did it in two months extraordinary. Appropriately the response there fiscal authorities has been large, forceful, and very quick by the standards of these things roughly 3 trillion congress has authorized, and thats benefiting households, laid off workers, small and medium businesses, hospitals, state and local governments, 14 of gdp, its in a class by itself in terms of both the size and the speed of it. Its also pretty innovative. Both the ppp and Unemployment Insurance are quite innovative in th