AFN NEWS
Thursday, April 29, 2021
1) From ABC News, I’m Daria Albinger. The feds executed search warrant at the home of former President Trump’s personal attorney. “Federal prosecutors here in New York wanted to search Rudy Giuliani’s home and office last fall, but a former official briefed on the case told ABC news the Trump Justice Department denied their request. Then Deputy Attorney General Jeffrey Rosen rejected the search warrant because the request came within 60 days of the presidential election. The Justice Department generally tries to avoid politically sensitive move close to an election. But we were told prosecutors asked again after the election and were denied the second time. Approval only came after the change in administrations. Aaron Katersky, ABC News, New York.”
2) In about three hours from now, President Biden will address the joint session of Congress and 100 days in here. He is expected to declare that the US is turning peril into possibility, crisis into opportunity. ABC’s political director Rick Klein. “It’s a critical moment, a chance to communicate directly to American people and at the critical time [stumbling] in fighting COVID-19 just around the opportunity to put that in the past and then to start to talk about his massive reorganization of a social agenda that we were talking about from President Biden.” No matter what the President says, the address will be historic because for the first time two women will be seated behind Mr. Biden; Vice President Kamala Harris and House Speaker Nancy Pelosi.
3) A federal grand jury charged three Georgia men with hate crimes and attempted kidnapping in the death of Ahmaud Arbery.
4) The fed is staying put on interest rates. “The sectors of the economy most adversely affected by the pandemic remain weak but have shown improvement. While the recovery has progressed more quickly than generally expected, it remains uneven and far from complete.” Chair Jerome Powell says the economy needs a little more time to recover.
5) CDC Director Dr. rochelle walensky says the sense of impending doom about COVID 19 has shifted to being cautiously optimistic with cases coming down. You’re listening to ABC News.
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I’m Charles Payne, and this is the Fox
Business Report.
Stocks finished mixed ahead of a flood of earnings
reports from tech heavyweights as investors weighed the conclusion of the Federal
Reserve policy meeting on Wednesday. The Dow rising 3 points, the Nasdaq down
49, S&P 500 down a point. // And Microsoft stock’s moving lower in the
extended session despite the software giant posting earnings and revenue. They came
in stronger than analysts had expected. The company notched its biggest revenue
growth since 2018 due in part to gains in PC sales resulting from pandemic
shortage last year. The company said its Azure cloud unit that competes
with market leader Amazon web services grew 50%. // And shares of Alphabet,
parent company of search engine giant Google, are surging after hours, after
beating Wall Street forecast for earnings and revenue. Google search division was
the biggest breadwinner again with $32 billion in sales.
That’s your Fox Business Report. I’m Hilarie Barsky,
invested in you.
