AFN NEWS

Thursday, January 31, 2019　

1) From ABC News, I’m Scott Goldberg. House and Senate members passed with reaching a deal on border security and facing another fast approaching budget deadline are now worked on Capitol Hill. “Republicans on the committee were insisting on a solution that includes funding physical barriers. Democrats are putting emphasis on other measures like technology, but there is at least one area of consensus. ‘We can all agree that we must do everything we can to prevent another unnecessary and destructive government shutdown.’ That’s House Appropriations Chairwoman Nita Lowey, one of eight Democrats on the 17-member Panel.” ABC’s Ali Rogin.

2) Head of the Federal Reserve, they should have positive outlook for the U.S. economy. Fed Chair Jerome Powell says, “U.S. economy is in a good place and we will continue to use our monetary policy tools to help keep it there.” He says the unemployment rate remains near historical low and inflation is right near their 2% target, but Powell did warn about what he says crosscurrents they had developed. “Growth has slowed in some major foreign economies, particularly China and Europe.” Brexit and weakening business and consumer sentiments are also among those crosscurrents. Powell says in response Fed decided to be patient on interest rates. Mark Remillard, ABC News, New York. The Dow like that gained 434 points straight.

3) The measles outbreak in southern Washington State has grown again. There are now 38 confirmed cases. Officials say the exposure may have happened at the fitness center. Three cases also been reported in Atlanta. We are now four days away from the Super Bowl in Atlanta and DHS Secretary Kirstjen Nielsen says the game will be under tight security. He says 600 officers will be on patrol and they could use some help. “Fans continue to be our greatest resource to ensure safe and secure game day. They serve as eyes and ears of the public safety officials supporting Super Bowl 53.” She says there is no credible threat that has been made. *DHS = Department of Homeland Security

4) The FBI is now excavating underground tunnel in Pembroke Pines, Florida, leads up to a bank. They think it was for heist. You’re listening to ABC News.

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From the Fox Business Network; the major averages rallying and closing in the green on strong earnings report, and after the Federal Reserve kept benchmark interest rates unchanged as was widely expected, the Central Bank signaling that it will be patient on future rate hikes. Strong results from Boeing and Apple also helping lift the Dow higher. Among the leaders today, tech companies, the Dow closing up over the 25,000 mark up 435 points, NASDAQ up 155, S&P 500 up 41. // And shares of Boeing soaring around 6% with the aerospace giant forecasting clear skies ahead. Boeing crashing Wall Street expectations for the greatest quarterly results with annual revenue of more than $100 billion for the first time. Boeing expects sales to rise as much as 10% this year as it ramps up production to meet global demand for air travel. With the Fox Business Report, I’m Hilarie Barsky.