So far police have not said if theyre looking for a possible suspect. Im at the live news desk tracking reaction from a very bold tweet from the president this morning taking a live look from the white house. The president is suggesting we postpone the elections this year about voter fraud. He tweeted universal mail in voting is good. Referring to undermining the election process and the u. S. Postal service that deals with the mail in ballots. Michelle. Anne, thank you. The stock market is down thanks to grim new economic reports now taking a look at big board and the dow is down about 230 points. And on capital hill, negotiations over a new bill to stabilize the economy amid the pandemic have stalled. Skyler henry has the latest from washington. Coronavirus shut downs across the country led to the worst Quarterly Economic report ever recorded. Second quarter u. S. Gross domestic product plunged a record 32. 9 . If we go back to the great recession, i think our worst quarter was down
Lebeau a moment ago on the airlines and he is back with breaking news regarding american. Take a look at shares of american, the airline is announcing starting on july 1st, starting next wednesday, it will fill its planes completely remember until now it has capped its load factor or the percentage of seats that it would fill on a plane, it would cap it at 70 . Thats going to end as of next wednesday, also adding about 1,000 flights to its schedule in july so this is american saying weve got more people flying, weve got more demand and its time for us to fill these planes all the way. They stress people are still going to be required to wear masks, they will still be pushing the fact that theyre sanitizing planes in between every flight, but the time has come for them to sell every seat, fill every seat and no longer guarantee its capped at a 70 load factor. Guys, this is a day with a lot of airline news between this, the unions asking for another bayout and the airline ceos meeting wi
It eroded. Transportation secretary elaine chao testified before a House Appropriations subcommittee on the president s 2021 budget request. During the hearing she addressed infrastructure project, highway and rail safety, investment into the nations ports and discretionary Grant Programs that impacted the needs of rural and urban areas. The subcommittee will come to order. Good morning. Im pleased to kick off the subcommittee hearing season for this and other subcommittees by examining the fiscal year 20 21 budget request for our department of transportation. Secretary chao, welcome back and thank you for joining us. Glad to have you here. Frur serves as the foundation and quality of life. It facilitates the flow of goods and services, connects Education Opportunities and plays a significant role in our nations overall welfare. Theres no question our country requires an massive investment into bridges and restore Transportation Systems to a state of good repair, improve our ports, bui
The fed says theyre going to help but it doesnt help the market for them but the one to show you cant afford to mess im good at ive been sworn in washington. Doesnt know theres a rate cut but it doesnt stop markets from dropping your lead a 1000 points will investigate why the fed in the region is not helping us and want somebody of billions into the tech in the little box were going to tell you about at least one huge acquisition. To pay 500000000. 00 for throttling i phone users in order to force them to purchase new phones and batteries but its 500000000. 00 a year were not we have a live report so much to get you on this very busy day so lets get started. The Federal Reserve decided to pull the trigger Tuesday Morning and announced an emergency rate cut of 50 bits in response to the growing economic threat from the fallout of the quantum virus this is the 1st time this has been deployed since december of 2008 during the financial crisis as chairman powell said the coronavirus was h
Or put on the registry this is simply an issue in violence male sexual predators for the large part of whoever is there to prey upon whether thats a man or when. The fed says theyre going to help but it doesnt help the market did it but the one did this tell you cant park it met im kitty i want to washington coming up in the rate cut but it doesnt stop markets from dropping nearly a 1000 points will investigate why the pet intervention is not healthy. For you billions into the 2nd with a little box full of it tell you about at least one huge acquisition and tom agreed to pay 500000000. Dollars for swaddling i phone users in order to push them to purchase new phones and batteries but is 500000000 merely enough we have a live report so much to get you on this very busy day so lets get started. The Federal Reserve decided to pull the trigger Tuesday Morning and announce an emergency rate cut of 50 bits in response to the growing economic threat from the fallout of the coronavirus this is