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Churning in the east atlantic. Well tell you whats next. Early today starts right now. Good tuesday morning. Im phillip mena. Im frances rivera. One Company Takes a giant leap toward a cure for covid pfizer announcing a potential vaccine thats 90 effective among volunteers our tom costello has the latest. Reporter pfizer executives are calling it one of the biggest medical breakthroughs in the past 100 years 90 effective in the grug of volunteers known to be infected. Now seeking to get fda approval at the end of this month. With thousands dying every day, its great day, not for signs but for humanity. Reporter the science involved more than 44,000 volunteers researchers will continue monitoring the volunteers to make sure the vaccine is safe. Everyone will need to get two shots three weeks apart with protection kicking in. Most people in the community are probably march through june would be my best guest. Reporter melissa was one ....
Destruction. We are talking miles of coastline completely burned. This heat, this tremendous heat. Major the urgent need for more resources as just 100 firefighters struggled to get control of the massive blaze. President biden has signed off on what will likely be a politically charged agreement with iran to bring home five imprisoned american citizens. In exchange, the Iranian Regime will gain access to billions of dollars in blocked funds. The assassination of a president ial candidate rocking the country of ecuador. This less than two weeks before an election has led to a State Of Emergency there. The new Consumer Price index or cpi for joes inflation rose for the first time in 12 months. I have to choose. It is very difficult. Major eye on america. How a Dee ....
Shows that poorer households do suffer high inflation. These people are feeling it somewhere around 5 to 6 . Reporter thats because most of a low income familys budget goes to necessities, which are still rising, like rent, groceries and electricity. And theres new evidence people are using credit cards to cover the bills. For the first time in the u. S. Credit card debt has surpassed 1 trillion. We polled consumers that carry credit card balances about what was behind that. What caused it . Emergency and unplanned expenses was the top answer. But even everyday expenses, about 1 in 4 a sign of financial strain. Reporter now, gas prices have been ticking up in recent weeks. A little too late to impact the july inflation report. But if those prices keep rising it could add some Inflationary Pressure when the september reading comes around next month. Major . Necessities, they always matter. Carter evans, thank you. A politica ....
Lawyers for former House SpeakerDennis Hastert and federal prosecutors revealed today that theyre working on a plea deal. Hastert is charged with violating banking laws and lying to federal agents. Reportedly about paying hush money to some one who accused hem of sexual misconduct. Pope francis returned to the vatican today. On the flight from the u. S. , he told reporters, that priests who sexually abused children violate the calling of god. The pope also coined a new word in italian to describe his reception in the u. S. , it translates beyond all limits. Also, beyond limits today is the discovery on mars that nasa has announced. Chip reid has that. Reporter scientists have been puzzled over the past few years by photos from a nasa satellite showing long black streaks on mars that seemed to flow downhill in warmer months then disappear when extreme cold returns. Today, nasa ....