The Syrian Government is blocking medical supplies to the countrys northeast. Welcome to the program the u. S. Economy is falling deep into one of its most severe recessions in recent times its seen a decade of growth wiped out in just 3 months shrinking by almost 5 percent and this concerns of the crisis caused by the coronavirus pandemic is any going to worsen she has returned has the story. The 4. 8 percent decline for g. D. P. Between january and march represents the largest decline since the 2008 recession Consumer Spending which accounts for 70 percent of g. D. P. Dropped by an annualized rate of 7. 6 percent the largest drop since 1080. 00 moreover this is just a preliminary estimate Analysts Expect the eventual number to be far higher than these numbers are for a quarter in which the economic locked down only accounted for a few weeks she. 2nd quarter g. D. P. Figures for april to june a projected to register a decline of around 30 to 40 percent with some Financial Institutions
And a special appearance by john lithgow. Featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen the hey, happy holidays fantastic hello hows it going. Hi hey, jon. I like it. Happy wednesday. Stephen Stephen Stephen Stephen Stephen stephen hi so nice. Wednesday, right . cheers and applause stephen thanks, everybody, up there, down here, all around the world, all my friends and neighbors. Welcome, one and all, everybody, everybody. Welcome to the late show. I am your host, Stephen Colbert. Lets get right to it. We dont have any time. We dont have a minute to waste here. Its almost christmas. Im busy, youre busy. Ive got an oven full of snickerdoodles i have to finish the monologue before the timer goes off. Its just after six clrks as we speak, the full house of representatives is still debating the articles of impeachment. They havent voted yet, but im about to go on vacation, so im jus
The run as hundreds gather at a vigil overnight. The new video of the new England Patriots film crew caught improperly taping an opponents sideline. And this is a piece youre filming on your advanced scout . Yeah. Come on, guys. What the nfl and the team are now saying. Missing the mark. The Hallmark Channel reversing its decision to pull a commercial showing two women kissing after facing fierce backlash. Their aboutface this morning. Holiday shopping alert. How facebook and retailers are targeting you with ads for items you dont even look at online. The way youre now being tracked in stores and how to stop it. Might as well jump and bearly moving. The car caught in a traffic jam when this happens. Behind that scary moment. Go ahead jump good morning, america. Hope you had a better weekend than the family in that car. True. We know it was a good weekend for Buffalo Bills fans. They clinched the playoff spot overnight. Talk about dedication. The fans were out in full force to celebrate
Reports, the fight for the white house. The polls open for primary day in michigan. Will the results there today offer hints about november . Will trump Show Strength in a state that slipped his grasp in 2020 . And could a mobilized protest vote hurt President Biden . Also ahead, the big four at the white house, congressional leaders gathering with the president next hour. Can they make a deal with a shutdown now less than four days away . And later, a key witness back on the stand today in a hastily called hearing in georgia. What his testimony could mean for the d. A. And prosecutor in trumps sweeping election case. Thank you for joining us. It is 10 00 eastern. Im Ana Cabrera Reporting from new york. We begin with this matchup in michigan, polls open right now in that states primary. Nikki haley already defiant ahead of an expected defeat by donald trump as trump insiders watch this race for signals about his strength in this swing state. Meanwhile, President Biden has his own test
Teslas troubles. A reported investigation into self driving claims and whether it committed securities and or wire fraud during the criminal investigation. That is coming up. Looking forward to that. Morningstar is outstanding Portfolio Manager of the year. She runs a fund focused on Underappreciated Companies which pay reliable dividend. We will find out. Lets take on the markets first. But it the dow is up 122. Look at the others in the red. The s p down two points, the nasdaq down about a quarter of a percent right now. A lot of stocks are on the move following earnings. Jumping on an earnings beat in a phase 3 trial. After its first report of the company. Said a year from now and got it already. Trip adviser getting crushed on that lower guidance and the rejection on a takeout opera. 29 . We will trade more earnings, movers and lunch coming up. First, lets start with tesla as that stock is falling. 2 off of its worst levels of the day so far. I am looking at right now. It is so nic