AFN News August 12

AFN NEWS

Thursday, August 12, 2021 

1) From ABC News, I’m Brian Clark. A major question since coronavirus vaccination began is whether people would need boosters. The FDA now appears poised to sign off on a vaccine booster for some people. This ABC’s Mark Remillard explains. “A senior government official familiar with the plan confirms ABC News that the FDA is expected to authorize a booster shot for immunocompromised Americans tomorrow. This announcement is expected to come ahead of the meeting by the CDC’s vaccine advisory committee on Friday, which would make a recommendation to the CDC and the director would sign off on it. Many manufacturers like Pfizer and Moderna have been testing booster shots, but the federal government has so far held off on recommending them.” A state health official in Mississippi says they requested the military hospital ship from the federal government. California will be the first state to mandate COVID-19 vaccination for all staff in public schools. Those who do not get vaccinated will be subjected to weekly testing, says Governor Gavin Newsom. “This is a sustainable way to keeping our schools open.

2) The Biden Administration says recent gains by the Taliban in Afghanistan are not changing the plan to have all U.S. troops out of the country by September. Today the Lieutenant Governor of New York Kathy Hochul who will replace the outgoing Andrew Cuomo after his resignation comes official told reporters she was not aware of allegations in inappropriate conduct against the governor. She says she is prepared to soon in the office. “I am standing right here. At the end of my term whenever it ends, no one allowed to describe my administration toxic work environment.” Hochul will take office on August 24 as the first woman to serve as Governor of New York.

3) Record closes today on Wall Street. The Dow and the S&P 500 stocks notched higher after inflation numbers in July would not as high as the levels from June. You’re listening to ABC News.

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I’m Charles Payne, and this is the Fox Business Report.

Stocks finished mixed. The Dow and S&P 500 notching new record closes after data showed that inflation lost still running hot moderated in July. The Dow rising 220 points, the Nasdaq down 23, S&P 500 up 11. // And McDonald’s announced that all of the company’s U.S. corporate workers must be fully vaccinated by September the 27th as the company imposed new rules mid-rising COVID-19 cases. The burger giant also postponed the officially reopening date of headquarters and other United States offices to October the 11th from September the 7th. // And Comcast NBC Universal will also be requiring that all of the U.S. employees coming back to the office be fully vaccinated. The company also postponing to return to office date. // And the New York stock exchange will require the traders be vaccinated by September the 13th to access its trading floor.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.

 

                                                       

AFN News August 5

ABC NEWS   AUGUST 5, 2021 

1)      From ABC news, I am Daria Albinger.  The CDC says the delta variant now accounts for almost all new COVID-19 infections, 93%.  Surgeon General Doctor Vivek Murthy says while the risks of the variant aren’t still fully known, you should feel comfortable when you gather with others if you’re vaccinated, especially at outdoor events; “Some people may choose to confirm whether or not folks are vaccinated.  Other people may use unrequired testing before a large gathering that some people may choose to wear masks.   Some people may also make sure that it’s taking place in the setting where people can have sufficient distance and be spread out.  And of course, doing it outdoors, it’s always be very helpful.” 

     Curtis Cannon was skeptical about the vaccine.  That was before the virus left him in a Louisianna hospital on supplemental oxygen.  “I’ll tell you need to get vaccinated, because this isn’t fun, source for (harsh) ordeal.  You have not been able to breathe it.  Chest pains, severe chest pains.”

2)   The ongoing count by Johns Hopkins University says worldwide covid cases have topped 200 million.

 

3)   Calls are growing for New York Governor Andrew Cuomo to resign a day after a bombshell report confirmed sexual harassment allegations.  “President Biden didn’t hesitate when asked about what New York Governor Andrew Cuomo should do; ‘He (just) should resign.’  Asked today if the president has any plans to call the governor, White House press secretary Jen Psaki said no, adding this; ‘The president made clear yesterday that Governor Cuomo should resign, with, and I believe, we should start with that.’  Psaki added the White House will still work closely with the New York State Government and Cuomo Administration officials in the fight against the pandemic.  Elizabeth Schulze, the ABC News, Washington.”

 

4)       A police officer who was stabbed and then fatally shot during an attack yesterday at the Pentagon’s bus terminal, has been identified as George Gonzalez, an Iraq War vet who joined the Pentagon Police Force in 2018.  The suspect also died.  You’re listening to ABC News.

 

5-1)  I am Charles Payne, and this is the Fox Business report.

“Stocks ended mixed after investors assessed another slew of corporate earnings results and the data showed that the private sector added fewer jobs than the economists were expecting in July, fueling concerns that the economic rebound from the pandemic may be slowing.  The Dow falling 324 points, the Nasdaq up19, S&P 500 down 20.

5-2)  And Robinhood stock extending Tuesday’s rally, closing up 50%.  Its shares jumped so much the trading was temporarily halted several times in the first half hour after the market opened.

5-3)  And Advanced Micro Devises shares closed at its 6^th consecutive record high, following continued indications that the chipmaker’s taking market share away from larger rival Intel.

5-4)  And shares of Royal Caribbean fell over 2% for its longest losing streaks since the pandemic began in March of 2020.

That’s your Fox Business report, I am Hilary Barsky, invested in you.” 

AFN News July 29

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.

 

 

 

 

 

 

 

 

 

 

 

 

                                                       

AFN News July 22

AFN NEWS

Thursday, July 22, 2021

1) From ABC News, I’m Chuck Sivertsen. House Speaker Nancy Pelosi says she rejects two of Republican Minority Leader Kevin McCarthy’s five recommendations for the January 6th Capitol insurrection committee. Jim Banks of Indiana and Jim Jordan of Ohio who both voted to overturn the election results. In response, McCarthy accuses Pelosi of abusing her power. “Unless Speaker Pelosi reverses course and seats all five Republicans, we will not participate.” The committee does still have one Republican Congresswoman Liz Cheney chosen by Pelosi. “At every opportunity the Minority Leader has attempted to prevent the American people from understanding what happened to block this investigation.” McCarthy says Republicans will run on own investigation.

2) Senate Republicans rejected an effort to begin debate on the big infrastructure deal. The bipartisan group of Senators brokered with President Biden. White House Press Secretary Jen Psaki, “But we’ve been encouraged and grateful, encouraged by the progress and grateful to the work of both the Democrats and Republicans involved.” The bipartisan group of negotiators releasing a statement saying they’re close in the final agreement and that they will continue to work. 

3) President Biden is on the road in Cincinnati. The nation’s largest public utility company making a big announcement that could save lives and prevent many wildfires in the West. “After being responsible for numerous large and some deadly wildfires, Pacific Gas & Electric says it will begin burying 10,000 miles of power lines in California’s highest risk areas to cut the chance of lines coming down in high winds. PG&E CEO Patti Poppe, “We are committing today to undertake one of the largest infrastructure projects in the history of our state.” PG&E says one of several large wildfires burning in California right now is likely sparked by its power lines. Alex Stone, ABC News, Los Angeles.

4) California reports more than 5,000 new COVID cases in just one day, largely among unvaccinated populations. You’re listening to ABC News.                                               

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I’m Charles Payne, and this is the Fox Business Report.

Stocks climbed higher for the second day and recouped all the loses they suffered on Monday. Investors were focused on strong earnings results. Energy and financials were among the biggest gainers. The Dow rising 286 points, the Nasdaq up 133, S&P 500 up 36. // And Coca-Cola delivered robust financial result that topped expectations and raised its forecast for the year. The beverage giant says sales were picked up with the reopening of restaurants, stadiums and movie theaters. Its shares closed up over 1%. // And Texas Instruments stocks falling after hours despite reporting better than expected quarterly results with 7% revenue increase from the previous quarter and 41% increase from the year earlier driven by strong demand in industrial automotive and personal electronics.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.          

AFN News July 15

 

AFN NEWS

Thursday, July 15, 2021

1) From ABC News, I’m Chuck Sivertsen. An agreement announced that several trillion-dollar budget plan focusing what President Biden calls Human Infrastructure, education, childcare and more. The President met with several mayors and governors at the White House. “I think we’re in good shape. There may be some slight adjustments in order to pay for it. That’s going to get down to what the Congress wants to do. I’ve laid out how I think we pay for it. We have an agreement; we have an agreement.” The President also talking about what he says urgent need to overcome ID voter laws.

2) Interpreters and other Afghanis and their families who helped the U.S. forces in Afghanistan will get U.S. help if they want to leave the country. “We’ll begin those relocation flights by the end of this month. As for where they will go, no word yet from Pentagon spokesperson John Kirby.

3) U.S. daily new coronavirus cases up surged more than 21,000 up over 40% just last week, says the U.S. Health and Human Services Department.

4) Breaking News. New York federal judges thrown out the suspension of horse trainer Bob Baffert finding that the New York Racing Association acted unconstitutionally by failing to let him adequately respond to claims made against him after Kentucky Derby winner, Medina Spirit failed to post-race drug test.

5) The battle getting tougher. ABC’s Alex Stone in Los Angeles. In Washington and Oregon, now the highest wildfire alert level. They’re beginning to call for outside help to bring in more firefighters. Californians asked dealing with several large fires. Most of them burning in the West right now, wilderness in a way from large population. Fires naturally cleans out the forest and so in some cases allowing them to burn in remote areas is prefered.

6) Just released by police officials 911 calls after the South Florida condo tower started crumbling. “I’m at Champlain Tower, something is going on. You have to get us out of here.” “What is the address? “Champlain Tower.” Total death over 90. You’re listening to ABC News.

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I’m Charles Payne, and this is the Fox Business Report.

Stocks ended mixed. Federal Reserve Chair Jerome Powell told members of Congress that the Central Bank is pledging powerful support to complete the economic recovery from the pandemic. Inflation worries for back and focus after the June producer price index came in harder than expected. The index which measures increased wholesale levels of 7.3% in a year ending in June. The Dow rising 44points, the Nasdaq down 33, S&P 500 up 5. // Shares of Apple jumped over 2%, boosting the company’s valuation to nearly $2.5 trillion on report said that the tech tycoon asked suppliers to wrap up production of its next generation of iPhone by 20%. // And Peloton stocks tumbled over 5% falling down a downgrade from Peloton as a result of consumers now having a growing number of walkout alternative.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.