CNN 2011-08-09

 Checking top stories now.Meat process Cargill is recalling 36 million pounds of ground turkey.It’s been linked to dozens of salmonella illness in 26 states.And authorities believed it may also be related to one death in California.

 

New York mayor Michael Bloomberg‘s putting up to 30 million dollars in his own money to fund a new program.He wants to improve economic educational opportunities for young black and Latino males in the city.

 

“Happy Birthday to you!.....”

 

Yes, that’s Chicago native Jennifer Hudson singing Happy Birthday to the president.He turned 50 today. He attended an early birthday celebration last night in Chicago,going to the two campaign fund raisers right after that.

 

Alison Coss in New York starts to change with the trading day,just getting started.

 

Alison, what do you think? What can we expect today? I guess I have asked you that every day, don’t I? Especially in this time when we are watching those numbers.

 

And we really are.And you know what,it looks like yesterday’s gains, they’re just a rise for watching stocks drop right now. The Dow down 72 point.Hey, but let’s look on the bright side,the blue chip did manage to snap a session losing street on Wednesday, ever so briefly¹.You know what,investors,they continued to worry about where the economy would head. And there is a new concern about how serious your economy problems are right now. Back here in home, weekly jobless claims is down by just 1000 from 400,000. It is better than expected.But you know what, still nothing to right home about. I do have one good piece of news though, General Motors earnings².The automakers posted a big jump by its quarterly sales and profit.GM is saying it is solidly improving this year,Kyra.

 

You know, we’ve talked about this yesterday. And I’m curious after watching the market, you know, the way it ended up at the end of the day. Let’s talk about the possibility of another recession, you know, you’ve mentioned it. What’s the reaction by the end of the day?

 

You know, traders and economists,they are continuing to be increasingly worried, you know, just in the past week or two, I’m hearing this whispers get louder about this Dow world again. Evenwe saw an odd piece by Larry Summer, she was the Treasury³ Secretary of President Clinton, and the first director of National Economy Counselor⁴ of President Obama. She said there is one of three chances of a new recession. And you know what, all of these talks, is stirring up more talks of the Fed possibly stepping in with another stimulus⁵ package to boost the economy. And that charter here is the reason we saw markets ended a bit higher yesterday. Still,even though,all of these odds⁶ for a recession are increasing. Many people are still saying it is unlikely a second recession would actually happen. But what we really need to see is an economic data improve before everybody is absolutely certain of that,Kyra.

 

All right, Alison Coss, at the New York Stork⁷ exchange. Alison, thanks.

 

Well, congress is on a summer break.And they're getting a lot flat form too.Why? They left town without funding the Federal Aviation Administration.So now,4000 FAA workers are facing a month or more without a paycheck.And tens of thousands of private workers are also cut off. Because airport construction project had to be shut down.

 

"We’re just like anybody else, we’re just trying to go to work and get a paycheck,have a good job and get our medical benefits back.”

 

"Put people before politics.Let's get American back to work now.And let’s start right here on this project”

1 briefly   

adv.简单地，简短地

参考例句：

• I want to touch briefly on another aspect of the problem.我想简单地谈一下这个问题的另一方面。
• He was kidnapped and briefly detained by a terrorist group.他被一个恐怖组织绑架并短暂拘禁。

2 earnings   

n.工资收人；利润，利益，所得

参考例句：

• That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
• Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。

3 treasury   

n.宝库；国库，金库；文库

参考例句：

• The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
• This book is a treasury of useful information.这本书是有价值的信息宝库。

4 counselor   

n.顾问，法律顾问

参考例句：

• The counselor gave us some disinterested advice.顾问给了我们一些无私的忠告。
• Chinese commercial counselor's office in foreign countries.中国驻国外商务参赞处。

5 stimulus   

n.刺激，刺激物，促进因素，引起兴奋的事物

参考例句：

• Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
• Light is a stimulus to growth in plants.光是促进植物生长的一个因素。

6 odds   

n.让步，机率，可能性，比率；胜败优劣之别

参考例句：

• The odds are 5 to 1 that she will win.她获胜的机会是五比一。
• Do you know the odds of winning the lottery once?你知道赢得一次彩票的几率多大吗？

7 stork   

n.鹳

参考例句：

• A Fox invited a long-beaked Stork to have dinner with him.狐狸请长嘴鹳同他一起吃饭。
• He is very glad that his wife's going to get a visit from the stork.他为她的妻子将获得参观鹳鸟的机会感到非常高兴。