Is cnn Breaking News good Morning Everybody you, are live in the cnn newsroom. Im Jim Acosta in washington. We begin on Wall Street just moments ago, the dow opened down more than 1,000 points fueling fears of a recession amid a global market meltdown, they could stop trading on Wall Street for the first time since the pandemic because of all of those already japan and Stock Market suffered. Its biggest one Day Loss ever nosediving 12 . Join me now to talk about this as kpmg chief economist, Diane Swonk Dianne phillipson, why do you think this is happening right now . I mean, a lot of this i guess is a reaction to the fed im not cutting Interest Rates. A lot of impatience with that, but this sounds, it looks a bit more serious than that. Whats going on well, uncertainty is our worst Enemy And Panic is the ultimate uncertainty out there. And thats what were seeing. The fed did discuss a Rate Cut last week when they met after that July Employment report came out. My guess is theyre feeli
Neil taking stock after the shock. Remember when inflation was the big worry . Now it is the beers with over recession. Yeah, recession . Overdone. Try telling that to investors who lost trillions in the global Markets Yesterday and not sure what happens come monday. Our traders finally paying attention to us. Stocks swooning on what consumers have long been saying, this economys a piece of work, as fewer americans than weve seen in years are finding work. Things are tough and getting tougher. No one calling it a meltdown just yet, and Kamala Harris, No Doubt, hoping it stays that way because remember how the the financial crisis doomed the republican Partys Grip on the race then. Dont be surprised if Donald Trump and j. D. Vance make it a big issue in atlanta odd today. Folks already lining up and fired up. All that and a bipartisan look at the Secret Service failing bigtime three weeks ago in butler, pennsylvania. And explanations since arent making critics feel any better. Were winn
Lots and lots of questions as lots of celebrations as americans included in the Wall Street Journal reporting Evan Gershkovich finally come home in the largest Prisoner Swap since the earliest days of the cold war. Swap that included the release of a russian hitman. Among many other on savory characters. Welcomed by russia president Vladimir Putin himself but for now, relief for the families who mark the moment with President Biden earlier at the White House and now wait to hug their Loved Ones in person upon their arrival back in the u. S. And soon. We are all over with Jackie Heinrich at the White House on how this deal went down. Julian turner at the State Department are work continues to get other americans out and former Cia Director Leon panetta on why russia president Vladimir Putin did any of this now. Welcome everybody im Neil Cavuto lets get right to the White House on how this all came to be Peer Jackie. Reporter in the last couple hours neil the president made individual Ph
Of the file upon which you are commenting. Or you can send your written comment to our office in city hall. It is room 244. 1 carlton beacon place, San Francisco, california, 94102. And items acted upon today by the committee will appear on the board of Supervisors Agenda of june 14th, 2021. Chairman thank you, please Call Item un. Clerk it is an ordinance amending the administrative code to establish the San Francisco reinvestment Working Group indiscernable and for a public bank, the board of supervisors, and to lasko, a local agency committee. Members of the public who wish to provide public comment, should call 4156550001, enter the meeting i. D. Of i. D. 1873174941. Press the Pound Symbol twice, and press the 3 to be entered into the queue to speak. Please wait until the system indicates you have been unmuted and you may then begin your comments. And one more thing, mr. Chair, were joined by arturo kazena who can interpret into spanish the services that he may provide to any calle
Good morning, this meeting will come to order. Welcome to the june 3rd, 2021 regular meeting of the Government Audit and oversight committee. I am Supervisor Dean Preston, chair of the committee, joined by Vice Chair Supervisor connie chan and raphael mandelman mand. The Committee Clerk is john carroll. Mr. Clerk, do you have any announcements . Clerk yes. In order to protect the public, board members and city employees during the covid19 health emergency, the board of supervisors, legislative Chamber And City room are closed. Committee members will attend the meeting through video conference, and participate in this meeting to the same extent as if they are physically present. Public comment will be available for each item on this agenda. Both channel 26and sfgov. Org are screening the number across the screen. You can dial 4156550001, once youre connected to that Phone Number and prompted, enter the meeting i. D. For Todays Meeting. The meeting i. D. 1873174941. Following that, Press