Headquarters in new york city. If there s a path, prove it. The blunt demand from senate democrats who now want evidence there s still a way for joe biden to win. Could the meeting happening right now bean the biden campaign s best and last chance to convince them. Plus, the president prepared for arguably the biggest news conference of his life with his political future on the line. With the stakes, the scrutiny, and pressure all off the charts, can he deliver when it matters most? with all the chaos on the democratic side, where does that leave donald trump s veepstakes. The new comments from the former president with just days to go before the republican national convention. But we start with the president s top campaign officials right now huddling with senate democrats behind closed doors trying to do what the washington post says party leaders demand they do, convince them that the president can still win reelection. It s part of an urgent all hands on deck effort to try to save
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? great to be he
Final vote on infrastructure now likely to come saturday and the man who heard donald trump press ukraine s president to dig up dirt on on joe biden retired army lieutenant colonel alexander vindman joining me this hour. But first, the coronavirus and gatherings in hot spots this weekend. Ellison barber, ahead of this monster jam. Ellison, first to you. This is an area that people didn t know about until there were photos that went viral last summer. You might remember them. There were a series of photos that made the rounds on the internet of packed bars with people not wearing face masks. There are people who come here because they want to get away. They want to be outside on the lake safely by themselves with their families and get some fresh air, but for other people, this area has become a place to visit that symbolizes what they see as personal freedoms. There are very few masks, no mandates here and there really never have been and there is not many people who feel pressure or l
What does that mean for the economy? let s begin right there with cnn business anchor julia chatterly. Good morning, jim. Make no mistake, this was a strong jobs report. The u. S. Economy adding back 943,000 jobs in the month of july, not the only good news today, though, too, we saw positive revisions to the prior two months adding back around 100,000 extra jobs we weren t expecting. All of this is good news. Where did they come from? well, as you d expect, the toys, the leisure sector gave us back 380,000 jobs. Restaurants, bars, hotels have been trying to add people back, forced to pay more wages. We saw that playing into these numbers in july. Also the education sector, 220,000 jobs extra added back in the education sector. We know this has been a challenge all through the years as many students have remained educated at home. Also the seasonal effects where you normally see jobs lost in the education sector this month, clearly not the case for the month of july. What does that giv