Now at breaking point. [bell ringing] norah major news for the economy. The fed cutting Interest Rates for the first time in four years. What it means for your wallet. Its a huge problem, and its getting worse and worse. Norah and Tonights Eye on america. Mortgage rates are coming down, but what about the Supply Shortage of homes . We look at one solution. Im the first person in my family to be a homeowner. Norah the Cbs Evening news starts now. Good evening. Im norah odonnell, and Thank You for being with us on this wednesday night. Theres a lot of news at home and around the world, and we want to start with the number one issue for americans the economy. The federal reserve made a big move today, cutting rates by half a percentage point. Thats more than expected, and it is the first Rate Cut since the Covid Pandemic in 2020 and the largest since the 2008 financial crisis. So tonight the big question is, what does it mean for your Credit Card bills, your mortgage, your auto loans, and
where we re police in new york. what they re doing to seize illegal weapons. soaring gas prices. fuel hits more than $5 a gallon in more than a dozen states as we learn the pain at the pump might be here to stay. the battle against long-haul covid. the first in our two-part series about the 23 million americans, including kids, fighting to the battle against long-haul covid. recover after months of illness. and american kindness: a teenager using her birthday money to help her neighbors. this is the cbs evening news with norah o donnell, reporting from the nation s capital. o donnell: good evening, o donnell: good evening, to our viewers in the west, and thank you for joining us on this tuesday night. t, the presso something on gun reform came to washington today in moving testimony and star power. oscar award-winning actor and uvalde native matthew mcconaughey gave one of the most emotionally powerful speeches about gun laws that we ve ever seen at the whit
community leaders and also with first responders, and as this buffalo community mourns the loss of those loved ones, officials say there are concerns now that there could be a copycat attack. there have been a number of internet messages about crimes potentially being committed. phone calls made. already yesterday and the day before, two people were arrested. law enforcement is taking this very seriously. it s a measure of just how widespread the hate is that s driving this. this is new eyewitness video of the suspect s arrest after the bloody, bloody shooting wearing there, as you can see, camouflage. you also have body armor and an operations manager at the store says that she told the 18-year-old alleged gunman to leave the store on friday because it looked like he was bothering customers. there s evidence that he was planning for this sometime. prosecutors are working to bring federal charges against the suspected shooter. as of now, he has pleaded not guilty to a sin
Gaza. Minutes ago another strike hitting the area. Secretary of state Antony Blinken arriving in jerusalem again and arriving at the president ial palace as the war in israel enters its ninth day. Lawrence thats right, brian. More explosions rocking gaza this morning as the Israeli Military prepares for a full invasion after the hamas attack last weekend. Ainsley palestinians gathered near the Rafah Crossing hoping to make it over into egypt before the idf launches a Ground Invasion of the strip. Israel announcing Evacuation Plans for its own residents urging 28 communities to leave the region near the lebanon border. Steve thats right. Because of the shooting back and forth there. Now lets get to trey yingst who is live on the ground in Southern Israel where it is 1 00 in the afternoon. All right, trey, what is the very latest . We heard yesterday that ourselves said that it sounds like that gate would be open but here we are 1 00 in the afternoon that gate to israel still closed. Tre
What about those who oppose the assad regime we hear from one syrian woman fearing for her future plus. There are children here and there but they just started attacking us even mean viciously my husband was lying dead in front of me after that i lost consciousness we have an exclusive report of a series of attacks by far right gangs from the Roma Community in ukraine what is fueling the final. Hello im terry march and good to have you with us symbiote ways president. Has called for dialogue with the opposition amid high tensions following mondays elections his comments come a day after the military shot dead three unarmed demonstrators at a protest in the capital harare. Deployed the troops to disperse the protesters who
allege the countrys elections were rigged International Observers have condemned what they call the use of Excessive Force by the army. Soldiers firing live rounds and zimbabwes capital. The army into district to Harare Midafternoon reportedly at the request of the po