This program is 29 minutes long
(Washington: Wolf Blitzer) The reaction of the stock market to the Federal Reserve Board's unexpected lowering of the interest rate reported. Stock Market Report. [Economy.com Mark ZANDI - assesses the signal sent by the Fed.] Income reports from Intel, General Motors Corporation and AOL Time Warner cited. [Economist Diane SWONK - says the Fed will stimulate growth.]
(New York: Lou Dobbs) The Fed's rate cuts this year, the likely scenario for the market and how the cuts will affect the economy by boosting consumer confidence assessed and discussed.
(Washington: Wolf Blitzer) Report introduced.
(State Department: Andrea Koppel) The lack of productivity in the first US-China talk about the EP-3 surveillance plane held in China reviewed and the United States reaction to today's clash between the Palestinians and Israelis discussed.
(Washington: Wolf Blitzer) NASA's plan to test a new type of space plane; the countdown for tomorrow's launch of the space shuttle Endeavour on a mission to the International Space Station and the investigation into the troubled V-22 Osprey plane, which has been grounded by the Marines following two fatal crashes, reported; space plane animation shown.
(Washington: Wolf Blitzer) Argumentative interview held "Absolute Power" author David Limbaugh and former Clinton special counsel Lanny Davis about President Bill Clinton's administration. [In Washington, LIMBAUGH - comments on Attorney General Janet Reno's role in the administration in which she turned the Justice Department into Clinton's private law firm; comments on the fund-raising activities by Clinton and Vice President Al Gore; talks about whether Attorney General John Ashcroft might investigate; comments on the Clinton pardon issue.] [From Cocoa Beach, Florida, DAVIS - comments on Limbaugh's views on special counsels; defends Reno's integrity and independence.]
(Washington: Wolf Blitzer) The flooding in the Midwest from the rising Mississippi River reported; scenes shown.
(Washington: Wolf Blitzer) The Supreme Court's issuance of new guidelines for Congressional redistricting reported.
(Washington: Wolf Blitzer) The toughening by President Bush's administration of arsenic standards for drinking water reported.
(Washington: Wolf Blitzer) The vote in Mississippi to keep the controversial state flag with its Confederate emblem reported.