Its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes one day old on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with the improve Economic News in may and june overall activity remains well below its level before the pandemic and the contract contraction in real g. D. P. In the 2nd quarter will likely be the largest on record. Now this comes as republicans and democrats are working on the one trillion dollar relief package on a looming friday deadline but it appears lawmakers are far from an agreement and they continue to clash during the stalled negotiations. 20 team boeing has had one disaster after another wel
Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes when told on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with the improve Economic News in may and june overall activity remains well below its level before the pandemic and the contract contraction in real g. D. P. In the 2nd quarter will likely be the largest on record. Now this comes as republicans and democrats are working on the one trillion. All a relief package on a looming friday deadline but it appears lawmakers are far from an agreement and they continue to clash durin
That brings you up tonight more from us in a bad cough and. This is boom bust the one business show you cant afford to miss there montevideo going to washington coming up the Worlds Largest economy post its worst order on record well thats what this does to the hopes of that recovery in the u. S. And around the globe on the trouble coming as the maker of production claims will have to be slashed after a 65 percent drop in revenue we have a lot to get to to lets get started. On thursday the u. S. Commerce department announced that the United States economy g. D. P. Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont they back to the Great Depression wall hopes one day old on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it
Claims to be slashed after 65 percent drop in revenue we have a lot to get to fill up get started. On thursday the u. S. Commerce department announced that the United States economy g. D. P. Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record where the previous worst quarter contraction was a 10 percent drop during the Eisenhower Administration in 1958 but these records dont they back to the Great Depression all hopes to end on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with the improve Economic News in may and june overall activity remains well below its level before the pandemic and the contract could. Traction in real g. D. P. In the 2nd quarter will likely be the largest on record. Now this comes as r
Begin this hour with some disturbing video surfacing out of new york city thats where the n. Y. P. D. Is once again coming under scrutiny for this questionable arrest tactic here that youre seeing on screen in that spotlight you see Plainclothes Police officers arresting a trans woman on the streets of new yorks East Manhattan subduing her and then tossing her into an unmarked van now aided by identified and why p. T. To many people who witnessed this it appeared to be an abduction nikki stone was wanted for vandalization and destruction of Police Cameras at city hall but the method of her arrest have many worried about Police Practices during the. Ongoing protest so joining us to band on the topic retired Metro Police Detective ron hampton ways and ron good to see you you were a cop on the ground here locally for a long time stone was wanted for vandalization did that warrant this sort of reaction. I dont think it was but you know some of this behavior app of the is in retaliation to