CBS Evening News - 2001-01-24

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Read a transcript preview of “CBS Evening News - 2001-01-24” from malgent, uploaded on 2025-05-18.

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Language: English (original, YouTube automatic captions)

[0:00] I know where close, but we'll take you

[0:03] to where business is booming and the

[0:05] outlook for the rest of the year good.

[0:08] An incredible security breach at the

[0:10] inauguration. The Secret Service and

[0:13] guards didn't see it. You will. Also

[0:16] tonight, how the last of the Texas 7

[0:19] were captured. And an intelligence

[0:21] disaster that cost American lives. An

[0:25] untold story you will hear tonight.

[0:33] This is the CBS Evening News with Dan

[0:36] Rather reporting from CBS News

[0:39] headquarters in New York. Good evening.

[0:42] President Bush is keeping up his drum

[0:44] beat of negative talk about the health

[0:46] of the US economy and using that in his

[0:48] efforts to sell Congress on a big tax

[0:50] cut. By most independent assessments,

[0:53] the economy is sending mixed signals.

[0:56] Four major corporations are cutting

[0:58] 20,000 jobs, but the Federal Reserve

[1:00] says laid-off workers should find new

[1:03] jobs quickly. A new survey of business

[1:05] people says their confidence in the

[1:07] economy is at a 20-year low, but

[1:10] consumer spending shows signs of coming

[1:11] back. Interest rates have just been cut,

[1:14] and America's bankers say they don't

[1:16] expect a recession. Many investment

[1:18] counselors say they expect the back half

[1:20] of the year to be at least fairly good.

[1:23] CBS's Anthony Mason reports for you

[1:25] what's up with the economy and what's

[1:27] down

[1:29] in the slowdown. The boom came down on

[1:32] thousands of workers today. Norfolk

[1:34] Southern Railroad said it will cut 2,000

[1:36] jobs. AOL is also getting rid of 2,000

[1:39] workers. Appliance giant Whirlpool is

[1:42] cutting 6,000 jobs. And telecom

[1:44] equipment maker Lucent made th

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