later today, the head of america s federal reserve will address fellow bankers at the gathering known as jackson hole after the town in which it normally takes place. this year, as last, the meeting will be held online any hopes of people attending in person were swiftly dashed by the recent surge in covid infections in america. the continuing pandemic makes an inauspicious backdrop tojerome powell s speech. investors will be looking for any guidance on policy going forward, at a time when the signals are very mixed: the us economy has bounced back robustly, but the recovery may be hampered by the spread of the delta variant. so what is he likely to say? joining me now is matt orton, vice president and portfolio specialist at carillon tower advisers. what kind of thing that you expecting to hear from jerome powell today? expecting to hear from jerome powell today? great to be here, and i m honestly powell today? great to be here, and i m honestly not powell today? grea
out of gas. and the prices keep climbing. the national average of regular unleaded gas now at $3.04 and going up. jonathan serrie is in georgia where trucks are picking up gas to send out. what does it look like there, jonathan? reporter: hi there, david. we re seeing constant activity right behind me. just one of the supply depots where trucks have been driving in all morning, taking in supply. all of the major petroleum companies have installations here along the colonial pipeline. once these trucks are filled, these big tanker trucks, they then drive to area gas stations. as you can imagine, the process does take time and so does the flow of the pipeline. take a listen. i it moves very slowly, often around 5 miles an hour. as you can imagine or, it s very complex getting the pressure right and making sure that this product is moving safely. so it is taking a matter of days. reporter: colonial pipeline tweeted, we have returned the system to normal operations deliveri
age of 50. three people have died. seven are still in the hospital. now, whatever the determination, it will play in the new phase of messaging from the white house covid team. food officials announce they are focusing more on building vaccine confidence and not just on vaccine supply, because supply is beginning to outpace demand for the first time in two weeks the seven-day average of vaccinations has fallen below 3 million schmotz a date. let s get to sanjay gupta, so much to talk to him about. now that the cdc is aware of the 16 cases of blood clots, do you expect them to still recommend the use of this vaccine? well, you know, i it s obviously guessing here. but i do think they will still recommend the use of the vaccine. two things to keep in mind. first of all, ultimately for the authorization what they had to show was do the benefits outweigh risks? you talked about the numbers here. overall, we re talking roughly if you add up the numbers seven out of a million
paranoid. the suspect heads to court tomorrow facing ten counts of first degree murder. what will tomorrow bring for america though? will demands be more than just words this time? will there be action? let s begin our coverage this hour with dan simon. before he does head to court, what is the latest on the investigation? reporter: hey, poppy. we know that the suspect, 21-year-old ak ma amahmad aliss brought two semi-automatic weapons to the grocery store when he was cornered by the police or had no choice but to surrender, basically stripped down to nothing. there was also a tactical vest that police found and then when officers tried to question him, he didn t say anything, but he did say he wanted to talk to his mother. in the meantime, we re getting more information about his mental status. this comes from his brother who spoke to cnn. he basically said that his brother suffered from mental problems and that he was paranoid, talked about the fact that he thought people
thank you for joining us. at this hour wee tracking several developments on the the fight against the pandemic. we re standing by to hear from president biden s covid response team set to hold its later briefing any moment now and we ll bring that to you live when it begins. this is the first briefing since the j&j vaccine received emergency authorization from the fda over the weekend and on that major news, we re going to see this hour the first doses of johnson & johnson one-shot vaccine getting ready to ship out across the country from an airport in louisville, kentucky. cnn is on the ground there. the first doses of the new vaccine could be in the arms of americans as early as tomorrow. this is very good news and it comes as there is also growing concern that the united states is hitting a plateau when it comes to the number of new infections from coast to coast. there is real concern about that today and add to that the real worry over the continued spread of covid varia