In Brief–TL;DR News

Moderators have been selected for the upcoming debates. The Commission on Presidential Debates released the list Wednesday.Fox News’s Chris Wallace will be given the reins in the first match up between President Donald Trump and former Vice President Biden Sept. 29 in Cleveland.C-SPAN senior executive producer and political editor Steve Scully will navigate round two Oct. 15 in Miami.And NBC White House correspondent Kristen Welker will steer the finale Oct. 22 in Nashville.Susan Page, USA Today’s Washington Bureau Chief, will moderate the Oct. 7 vice presidential debate.The Trump campaign has asked for more debates.

Enthusiasts may bleed Ford blue, but the automaker has been hemorrhaging money green. To the tune of a $1.9 billion loss in the second quarter alone – and expecting the red trend to continue the rest of the year.The automaker confirmed Wednesday that it plans to cut about 1,400 North American jobs.While COVID-19 certainly hasn’t helped, Ford says the cuts were’t forced by the pandemic. The company is in the middle of a multiyear $11 billion restructuring plan as it looks to compete in a changing marketplace. Ford says it will offer voluntary reduction incentives for nearing retirement-eligible salaried US workers. Ford axed 7,000 global jobs last year.

On CNBC’s “Squawk Alley” Wednesday, NFL commissioner Roger Goodell was asked why the league isn’t planning to play in a ‘bubble,’ given the NBA’s success and the MLB’s struggles in prevent COVID-19 cases.Goodell says a ‘bubble’ isn’t practical for a 5-month season. While adding that team facilities are already essentially bubbles.The commish also said the NFL is testing much more frequently and getting results back quicker – within 24 hours.

Coronavirus costs and efforts to save the economy have driven the federal deficit to an all-time high.The Congressional Budget Office on Wednesday projected the budget deficit to reach a record $3.3 trillion. That’s more than triple the amount of the deficit just one year ago, data reveals.The new figure means the federal debt will be more than the 2021’s gross domestic product, placing the U.S. in the same category as the financially-struggling Greece, financial experts say.