Stay updated with breaking news from Paul reid. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 ....
well as congressman tom cotton of arkansas and steve scalise of louisiana, the house minority whip. john: the highly anticipated summit between president biden and its russian counterpart vladimir pittman bos not over here in geneva. the two leaders discussing a strained relationship amid months of aggression from moscow. i m john roberts live in geneva and this is america reports. sandra: i m sandra smith here in new york. right now we are awaiting president biden is set to hold a news conference similar to that of president putin as we just watched him for about 55 minutes taking questions from about 20 reporters. not that the live look in geneva, john, where you are sitting, as we await the president at his news conference separately. we wonder where that location is it s really just across the harbor, across from where we are and just outside of the villa lagrange which is where the two leaders met for some four hours. and what an extraordinary press conferenc ....
hospitalized after being diagnosed with the virus earlier this month and he was supposed to be sworn into office this sunday. we will have more on this in just a few moments. and i now to this fox news alert, the irs is sending out the first round of $600 stimulus checks as lawmakers battle over the $2,000 payments the president is asking for. president trump s say republicans should get on board unless they have a death wish. good morning everyone, i m sandra smith. we made it to wednesday. good morning sandra, i m jon scott. senate minority leader mitch mcconnell blocked a vote on tying those payments, he is looking at other top priorities like repealing section 2:30 which protects civil media platforms from civil liabilities. chuck schumer because of the blatant attempt to ensure the legislation never passes. if the president highlighted three issues of national significance which you would like to see congress tackle together. this week the senate will begin o ....
safely. we are learning more tonight about the 11 people who were killed friday night when a skydiving plane crashed and burned in hawaii. it went down shortly after takeoff on the island of oahu. jonathan vigliotti is there. reporter: those who saw the skydiving plane plummet to the ground looked on in horror. all 11 onboard were killed. i saw it hit. i was right there, man. i was right there. reporter: carlos zapato drove denver tourists brian and ashley weikel to the doomed flight. they were celebrating their one-year wedding anniversary. if you knew them for five minutes or five years, they touched your life. you couldn t ask for any two better people in your life. reporter: the ntsb have their work cut out for them. the impact of the crash and the massive fire that happened afterwards reducing this aircraft to just charred and mangled pieces. witnesses say just after takeoff, the plane reached only about 100 feet, spun twice, and clipped trees before hi ....
years ago this week we sat down with five columbine survivors. each with a different story then and today. including michelle wheeler, a teacher in the district and now the mother of a 13-year-old. how does it impact the way that you raise her? i started to tell her about the shooting when she was 5 and going into kindergarten. i started saying mommy is sad her friends are in heaven. as she got older, started to tell her more. sending her to kindergarten and every day since is a struggle. you figure out where she can get out places or exits? we will number the doctors office and i say show me five places you can hide. cbs news was forced to report an american airlines jet nearly crashed on takeoff in new york last week and soon after a formal investigation was launched. cell phone video shows some of the damage to american airlines flight 300 after returning to jfk airport last wednesday. sources now say it was far worse, calling it as close as anybody would e ....