AFN NEWS
Thursday, July 8, 2021
1) From ABC News, I’m Daria Albinger. President Biden calls Human Infrastructure the second critical half of his domestic agenda. And today he went to Illinois looking for support for a bill, he says, will improve it. “The President telling Illinois families other countries wonder why. ‘We are one of the few major economies in the world that doesn’t cover paid family medical leave.’ President Biden wants billions to change that and an American family plan that may have to pass for the Democrats only reconciliation bill. “No one should have to choose between a job and a paycheck and taking care of someone you love.’ Andy Field, ABC News, Washington.”
2) At least 46 deaths are now blamed on the collapse of a condominium building in Surfside, Florida. Ten more bodies have been pulled from the debris, nearly 100 are unaccounted for. The city’s Mayor Charles Burkett says it will take time to determine what brought the building down. “I’m slightly afraid we cannot find that the construction design they used 40-50 years ago might be flawed.” Improved weather conditions today allowed crews to work more quickly.
3) Tropical storm watchers and warnings are in effect from Georgia to Massachusetts with tropical storm Elsa moving over the Jacksonville, Florida area.
4) A state of emergency in Haiti after the nation’s president was assassinated. Haiti’s interim prime minister Claude Joseph saying he and the council of ministers decided to declare quote ‘state of siege onf the whole territory.’ Joseph is also asking the population to keep calm and calling on the country to be one in condemning president’s assassination, adding quote ‘President Jovenel Moise will not die without getting justice. You can kill him. You can kill President Jovenel Moise but he will not kill his ideas’ end quote. __ __ ABC News at the foreign desk.
5) Dubai state media says a fire on a container ship in one of the world’s largest ports is under control.
6) Stocks closed higher today. You’re listening to ABC News.
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I’m Charles Payne, and this is the Fox
Business Report.
The S&P 500 and the Nasdaq closing at all-time highs of
15 points and one point respectively. The record finishes coming after minutes
released from the Federal Reserve June meeting show policy makers debated slowing
down the bond buying spree triggered by the pandemic but no decision appears to
be imminent. The Dow also finished on top gaining 104. Higher gas prices during
the summer travel season are nothing new but experts say drivers should prepare
to pay even more, GasBuddy head of petroleum analysist Patrick de
Hann telling Fox Business he expects prices will rise another 5 to 15 cents
per gallon by the end of the month. The CDC is appealing a ruling that the
government COVID-19 restrictions on the cruise line industry were excessive.
The agency initially grounded all cruises in March of 2020 but allowed ships to
sail again in October under a four-part phased approach known as conditional
sailing order. A judge overturned the order after Florida governor Ron
DeSantis sued the CDC.
That’s your Fox Business Report. I’m Hilarie Barsky, Tom
Graham, invested in you.a
