Good to be with you. Im katy tur. This is a monumental day, the Federal Reserve cut Interest Rates for the first time in four years. This was an aggressive 50 Basis Point Cut or half a Percentage Point that will move markets and Mortgage Rates. It might also move the tide of the election. Federal Reserve Chairman Jerome Powell followed the announcement with a speech of his own, appearing to signal more aggressive cuts to come, indicating that inflation is finally under control, all of this, just 48 days before the president ial election. Big day. Joining us now, nbc News Business and data reporter, brian cheung, national Affairs Correspondent with the nation John Nichols, and director of polling at the Harvard Kennedy Institute of politics and msnbc political contributor, John Della volpe. Nbc Business Correspondent Christine romans will be here in just a second. Brian, i shall begin with you, explain what We Saw, and also tell me what he said in his news conference. Yeah, and its stil
Grandparents a reason to hate him. Plus, meet the county official fighting trumps rich and powerful allies as they challenge arizonas elections both online and in the courtroom. Were 24 hours from the the first Harris And Trump campaign. And trumps incoherence has just gotten worse. Thats not good. Leon is going to send up a racket. Can you imagine your Parent And Son leaves your home. And you say jimmy i love you so much, go have a great day in school. And your son comes home with a brutal operation. You take a look at bacon in some of these products and some people dont eat bacon anymore. This was caused by their horrible energy wind. Wind. Trumps ramblings have gotten so tiresome and meandering its no surprise his own supporters are literally leaving his rallies early. It is clear at this point that trump who has long prided himself as a showman, is losing the room. Msnbc Columnist Alym summed it up well. He has been a Rule Breaker for so long its easy to forget how far he is a poli
Right. The economy does do better under democrats. And as vice president kamala harris announces a major plan to boost small businesses, economists are saying that trump s proposals, like for instance, tariffs, would actually hurt americans. Also tonight, we are just days into the new school year for many students, but we ve already had our first school shooting, leaving four dead and several injured at a high school in georgia. Plus, breaking late today, republican liz cheney, who once said that donald trump is unfit for any office, announced that she will be voting for vice president kamala harris. But we begin tonight with it s the economy stupid. James carville s famoused a moe in addition from the 1992 election that remains true today. Polls show the economy continues to be the top issue for many voters, including inflation and affordability. And yet there is only one candidate who is proposing policies that would actually help americans. Vice president kamala harris. Here she is
To ukraine. France, germany, iceland, italy, to ukraine. France, germany, iceland, italy, latvia, to ukraine. France, germany,| iceland, italy, latvia, lithuania luxembourg, the netherlands, norway, poland, and the united kingdom, they have all stepped up to leave the Capability Coalition and to commit resources and personnel to this critical task stepped up to lead. This is a testimony to the resolve and unity at Ramstein Today and we stand by ukraine because it is the right thing to do. And because america cares when freedom is at risk. But we also stand by ukraine because it is crucial to our own security and the us would face grave new perils in a world where aggression and autocracy are on the march and where tyrants are emboldened and where dictators think they can wipe out democracy off the map. So when we invest in the security of ukraine, we invest in our own security. And we strengthen this shared vision of an open world of rules and rights and responsibilities. Today, ukrain
Customers what does it mean for their customers and this was originally a uk lifestyle brand, so what does it mean for the employees in the uk . figs mean for the employees in the uk . Sis you mean for the employees in the uk . Is you say it is a turn for a company that started specialising in menswear in the 19805 and now has grown nearly 50 stores and nearly a thousand employees. They sell online and operate within department stores. Under conditions like this it would be reasonable to expect that a sale could result in job losses even into the hundreds and they did not indicate what that could look like but we heard from the chief strategy and transition officer for authentic and he said hopefully some consolidation at the brand and it will still be Available Online and in store spot for employees and stakeholders, he said we wish there could have been a better outcome but for employees. Authentic brands group is the owner of ted baker, since 2022, but the acquisition happened afte