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
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
I will add thoughts about the united states supreme court in this hour, especially their moral responsibility in the moral diagram of the death of amber nicole thurman, which you were also talking about in this hour. I am eager to hear that and that is important framing for this moment. Have a good show. Thank you. They got what they wanted. The two, 78yearold, former republican presidents who appointed the majority of republican supreme court justices who overturned roe v. Wade got what they wanted. Sometimes when you get what you want, more things than you anticipate come with it. It is possible that the people who worked to elect george w. Bush to the presidency, a job for which his only qualification was that his father once had that job, knew that george w. Bush said he wanted to ban abortion in america by overturning roe v. Wade, but maybe they thought that would just never happen. Maybe president george w. Bush and the people working for him and supporting him thought that when
Friends weekend. Starting with this, Vice President harris hitting the Campaign Trail pushing this message. Obviously im not Joe Biden. I offer a new generation of leadership. We will chart a new way forward. Pete but after three and a half years in office, is the new way forward just more of the same . Will and i go Off The Wall to compare and contrast her policies from joes. Rachel plus, from True Blue to red. A long time California Democrat joins us and explains why shes changing parties and she now backs trump. Will splashdown official commercial Space Mission comes to an ngdz. The third hour, though, of fox Friends Weekend it starts right now. Rachel you guys are looking at a beautiful shot of wisconsin. On a gorgeous fall morning. Were so happy youre here with us it is 8 00 a. M. Here in new York City and im joined by will and pete the band is back together. Will for now just ranked us on Pop Culture Roundup and yints i didnt win. Rachel now no breakfast because he sent it to the
Service, because in constant contact with them all of the time we were notified of that we had units here that immediately sealed off the area. Fortunately, we were able to locate a witness that came to us is that hey, i saw the guy running out of the bushes, he jumped into a black nissan enter the picture of the vehicle and the tag which was great. So we had that information on Real Time Crime Center printed out to the License Plate readers. And we were able to get a hit on the vehicle, and i95, as it was headed into Martin County. We had a hold of Martin County Sheriffs Office and alerted them, had a spot of the vehicle and they pulled it over and they detained the guy. After that, we took the victim and im sorry the witness, i witnessed the incident, took him up there and he identified as the person that he saw running out of the bushes and jumped into the car. Now in the bushes with this guy was, is an Ak47 Style Rifle with a scope. And to backpacks which were hung in the fence whi