The FBI is admitting that it failed to investigate the shooter who killed 17 people in Parkland, Florida this week. Now, Florida Governor Rick Scott is calling on FBI Director Christopher Wray's resignation. Axios Reporter Stef Kight explains the implications of these findings.
In a statement Friday, the FBI says a person close to the suspect Nikolas Cruz contacted the agency public access line with information that should have been assessed as a potential threat to life.
"This is now the second time we've seen horrific shootings followed by someone admitting guilt that this maybe could have been prevented had protocol been followed," says Kight. "This is a trend now, and its a tragic one."
Kight reminds viewers of the Sutherland Springs church shooting last fall. It was revealed that the Air Force did not properly log a domestic violence conviction against the suspect, which would have prevented him from legally purchasing a gun.
A resurgent Joe Biden scored sweeping victories across the country with the backing of a diverse coalition and progressive rival Bernie Sanders seized Super Tuesday’s biggest prize with a win in California as the Democratic Party’s once-crowded presidential field suddenly transformed into a two-man contest.
The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
HotelPlanner CEO Tim Hentschel told Cheddar that the travel industry is taking the worst hit it has seen in nearly two decades thanks to the coronavirus outbreak paralyzing multiple countries.
Stocks are whipping up and down after the Federal Reserve swooped into the market with an emergency rate cut in hopes of shielding the economy from the effects of the fast-spreading virus. Tuesday's surprise move gave stocks a strong, brief boost, but it took just 15 minutes for the gains to evaporate.
Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some time.” It was the Fed's first rate cut since last year, when it reduced its key short-term rate three times.
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
These are the headlines you Need 2 Know for Tuesday, March 3, 2020.
Dow Jones skyrockets on hopes central banks protect the economy from the coronavirus outbreak.
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, has an optimistic view of the markets going forward despite the headwinds of the COVID-19 outbreak and President Trump's handling of the health crisis.
Amy Klobuchar is ending her Democratic presidential campaign, plans to endorse Joe Biden.
