AFN
NEWS
Thursday, August 15, 2019
1) From ABC News, I’m Daria Albinger. We have braking news
out of Philadelphia, where five police officers were shot. Sources tell ABC
News the suspect is barricaded inside the home. That audio, courtesy of Broadcastify, sources say the officers
suffered non-life-threatening injuries during a shootout with a suspect. “Shots
still ringing out. Give me SWAT
ASAP, long gun ASAP.” About a dozen officers were seen taking cover behind
cars. Other officials surrounded a home with guns drawn. The ATF confirming to ABC News that the
agency is assisting police.
2)
Stock market meltdown. Fears over a possible recession prompted the worst day
on Wall Street so far this year. The Dow Jones Industrial Average was in a near
freefall and finished down 800 points, losing 3% of its value as investors
worry about the President’s trade war with China and a warning sign from the
bond market. It’s called the inverted yield curve that involves interest rates
on Treasury notes. JJ Kinahan from TD
Ameritrade explain, “The two-year is paying higher yield than
the ten-year, which is, you know, normally the longer you pay interest on money,
the higher you have to pay but this is switched around.” Last time it happened,
it signaled a recession was coming. Scott
Goldberg, ABC News.”
3)
A friend of the Dayton mass shooter appears in court. “Attorney Nick Gounaris is representing Ethan Kollie who’s accused of helping
the gunman get an accessory for the rifle used in the Dayton mass shooting as
well as body armor. Kollie remains behind bars, but Gounaris is hoping he’ll be
released from custody by the judge as soon as tomorrow. ‘You know he has played
no part in what the shooter did, which is senseless.’ But U.S. attorney Ben Glassman says prosecutors prefer Kollie
remain in custody. Ryan Burrow, ABC
News.”
4)
Republican congressman Steve King of
Iowa defending his call for a ban on all abortions, he asked whether there
would be any population in the world left if it weren’t for births due to rape
or incest. You’re listening to ABC News.
…………………………………………..
From
the Fox Business Network; stocks hammered on Wall Street. The Dow driving 800
points, posting the 4th largest point drop on record and the worst of the year.
Investors reacted a new recession fear, the NASDAQ and S&P 500 also ending
the day in the red. // Now, it wasn’t much better on Wednesday for Macy’s. The department store giant
reported the 2nd quarter earnings report fell below expectations. That pushed
the stock lower. // Are you looking for a job that pays the bill and offers a chance
to be promoted? Well, you might wanna consider becoming a tax manager. That’s because
a new Glassdoor study ranked it as
the top job for advanced opportunity and wages. // And summer may just be winding
down now, but a lot of Americans already skipped out on a popular summer
pastime. According to new survey from Bankrate,
nearly 70% of Americans say they skipped at least one popular activity
including attending a concert or taking a vacation because they cost too much. With
the Fox Business Report, I’m Connell McShane.
