The Latest: 04/08/2025 11:59am ET

All the latest national and international news. Topics also include finance, weather and entertainment.

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Episode Transcript

Speaker 1 (00:00):
This since your twenty four to seven use update the
latest views this hour. In just four minutes, stocks are
rebounding on Wall Street. This comes after three straight sessions
of major volatility due to sweeping tariffs announced by the
White House. Data and business analyst Brian Chung said this
is to be expected.

Speaker 2 (00:19):
What we've seen in instances like this in the past
is that when you have dramatic down days, you have
dramatic updates, and you have dramatic down days again.

Speaker 1 (00:26):
It comes as President Trump threatened to up duties against
China by another fifty percent if the country doesn't get
rid of retaliatory tariffs on US goods. The President set
a deadline of midnight for tonight for China to remove
the tariffs. The Dow Jones industrial average has been up
thirteen hundred points, while the S and P five hundred
and the NASDAK have also been sharply higher. The Supreme
Court will allow the Department of Justice to remove alleged

(00:46):
Venezuelan gang members from the country under the Alien Enemies Act.
That's after a five to four ruling Monday. The ruling
ends a lower court freeze on Trump using the seventeen
ninety eight law. President Trump's special envoy to the Middle
East is set to lead nuclear talks with Iran on Saturday.
That's according to multiple reports. It comes after President Trump
Monday said the US would be speaking with Iranian officials.

(01:07):
President Trump's top trade official is on Capitol Hill to
face questions from senators. The Senate Finance Committee as pressing
US Trade Representative Jamison Greer over the President's reciprocal tariffs.

Speaker 2 (01:18):
We are having negotiations with all kinds of countries at
this time. The Presidents fixed in his purpose the nature
of the emergency that I discussed earlier is not something
we can wait on anymore.

Speaker 1 (01:28):
In his opening statement, Greer said this adjustment may be
challenging at times. He added, it is a moment of drastic,
overdue change, but I am confident the American people will
rise to the occasion as they have done before. Greer's
appearance on Capitol Hill comes as Trump has stood firm
in his decision on tariffs. Meta is aiming to make
Instagram safer for teens with new safeguards. The tech company

(01:51):
announced Tuesday, teens under the age of sixteen will not
be able to use the live feature without their parents' permission.
Instagram will also require parents permission to turn off the
feature that blur suspected nudity in DMS ininlely S Taylor.
The trial and the so called Doomsday mom case in
Arizona will resume today. In her opening statement yesterday, Lori

(02:12):
Valo Daybill said the fatal shooting of her fourth husband
was in self defense. She's accused of conspiring to kill
Valo in twenty nineteen and faces a first degree murder charge.
Demonstrators will be making their voices heard across Washington, d C. Today.
Three rallies focusing on separate issues will convene throughout the
day in different parts of the city. The People's March
of Medicaid got underway around nine am local time this

(02:34):
morning in Upper Senate Park in Northwest. A rally in
support of federal workers began at eleven am outside o
PM headquarters in Northwest. The demonstrations will wrap up at
four pm with the Kill the Cuts rally near the
US Capitol. California Democrat Senator Adam Schiff is introducing his
first bill. Schiff is teamed up with Republican Senator Tim
Sehey on a bill to help protect homes against wildfires

(02:55):
and other disasters.

Speaker 3 (02:57):
This is a bill that would provide a tax credit
if if you're rebuilding your home, or frankly, even if
you're not, if you were lucky enough to be spared
fire or any other disaster in California or other states
where there has been a major disaster declaration, you can
rebuild using building materials that will help it your home
survive a potential disaster.

Speaker 1 (03:17):
The bill would give the tax credit to families making
less than three hundred thousand dollars a year to help
them afford rebuilding or retrofitting their homes using fire resistant materials.
The bill is titled the Facilitating Increased Resilience, Environmental Weatherization
and Lowered Liability or Firewall Act. SHIFT says it will
also help to encourage insurers to cover homes in disaster
prone areas.

Speaker 2 (03:38):
Welcome.

Speaker 1 (03:41):
The Eagles are adding what they're calling their final eight
dates of the year at the Las Vegas Sphere. The
legendary band will play the additional shows starting October third
and run through November eighth. The Eagles kicked off their
Sphere residency last September and will have played forty four
shows there by the end of this year's run. Ticket
pre sales for the new dates will still April sixteenth,
with the general on sale on April eighteenth. I'm li

(04:04):
Sa Taylor