AFN NEWS
Thursday, July 29, 2021
1) From ABC News, I’m Daria Albinger. One of the nation’s largest cities is trying something new to slow the spread of the COVID-19. Around Los Angeles, emergency alert went off on cellphones. It wasn’t about a wildfire or an amber alert. It was an alert that the COVID cases rising rapidly in L.A. and get vaccinated. It came COVID hospitalizations rising on Tuesday night, 891 people were hospitalized in LA County with COVID, an 8% rise from Monday, most are unvaccinated.
2) Washington Governor Jay Inslee says he stayed and will abide by the CDC’s guidance that said everyone wears masks in public indoor settings regardless of their vaccination status, “I know frustrating, for people even have to think about that, but that situation we are in, the more people get vaccinated, the less have to think about this. The Mayor of Orange County, Florida declared the state of local emergency due to a surge in COVID cases.
3) The Senate is expected to take a test vote sued on a bipartisan deal to build the nations roads, bridges and broadband networks. It’s a deal President Biden wanted for the Inauguration Day and infrastructure bill that Republicans and Democrats will OK. “While there’re a lot we don’t agree on, I believe we should be able to work together and a few states do agree on.” The first vote could come this week but that’s not all. The President pushing education and childcare bill many Republicans don’t want and Democrats may have to pass through reconciliation. Andy Field, ABC News. Washington.
4) The President promised workers at Pennsylvania truck factory. His policy would reshape the economy for the working class. “Recent years, Buy American has become hollow promise. My administration is gonna make Buy American reality.” The Biden Administration is proposing to increase the amount of American made goods that are purchased by the Federal Government.
5) Stocks closed mixed today. The Dow up over 120 points, but the Nasdaq, rather the Dow down 120 points, the Nasdaq …
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I’m Charles Payne, and this is the Fox
Business Report.
Stocks ended mixed after the Federal
Reserve hinted that it was getting closer to curtailing its assets purchasing
program that itself boosts U.S. economic recovery. The Nasdaq rose102 points,
14,762, but the S&P 500 close down a fraction 4400. The Dow Jones Industrial
Average finished down 127 points at 34,930. That policy makers wrapped up 2-day
meeting. As far as inflation goes, Chairman Jerome Powell told
reporters. “My best estimate is that something will pass. It will really a
shock to the economy that won’t pass through. And you know, if you look at
forecasters, our people who actually write down the forecast for living, very,
very strong way. They will see it that way.” Powell ended that the Fed will act
if inflation remains too high.
That’s your Fox Business Report. I’m __ __, invested in you.
