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
Administration is preparing a Sweeping Campaign to encourage americans to take the covid19 vaccine when its available to them and as vaccine supply increases. And it all cant come soon enough. The centers for Disease Control and prevention report more than 600 cases of the more contagious covid19 variants from the united kingdom, brazil and south africa across 33 states. According to the latest forecast models, an estimated 631,000 americans would have died from covid19 by june 1st. The mounting of a real federal response to the covid pandemic for the first time comes alongside the Historic Second Impeachment Trial of the former president who failed and refused to lead that fight. The second Impeachment Trial of the accused insurrectionist donald j. Trump begins on tuesday. It does not appear that there would be enough Senate Republicans to join in convincing the former failed president of his role in inciting the mob that attacked the capitol one month ago on january 6th and thats not
Said she condemned mcdonalds saying, as americans, we must acknowledge those tragic events, we cannot allow a false narrative to be created. We cannot allow the calling it legitimate political discourse is wrong. She clarified, the violence at the capitol, is not legitimate political discourse. She was talking about the bogus claims, and the fraud that had been the foundation of the republican party, since election day 2020, they are not legitimate political discourse either. Meanwhile, the New York Times has new details about the january six committee, and how it has adopted prosecution tactics, in conducting its investigation. The committee does not actually have any power, to pursue criminal charges on its own. But, it is clear that its members understand the high stakes of their work, and ultimately, want accountability. That it is why, it has been aggressive and relentless in its work. The committee has interviewed nearly 500 witnesses. It has issued more than 100 subpoenas since
Where theres not a lot of topsoil to absorb the water and flooding is going to be a major, major problem. Three inches is all you need for your card float away. Have suvs and you think i can go through a foot of water, you cant. Just dont, its not worth it. Cancel your appointments, do it every have to do. Watch it on tv and wait till it passes. Thank you so much, have yourself a great weekend, well see you next week. You to my friend. All right, theres news tonight regarding Donald Trumps to overturn the 2020 election in georgia. Nbc news is reporting that donald trump is expected to surrender on thursday or friday of next week. Thats right up against the deadline of noon friday, august the 25th, which was set by the district returnee fani willis. Now, this is according to three senior Law Enforcement officials who stressed that nothing is officially, at plans are still being finalized. When he does turn himself in, he will have his fingerprints taken and, for the First Time Since don
Welcome back to the weekend everyone. Special prosecutor nathan wade has officially stepped down from the Georgia Election interference case. His resignation coming hours after judge scott mcafee found there was no actual conflict stemming from nathan wades relationship with fani willis and the prosecution of trump and his codefendants could continue as long as either nathan wade or fani willis resigned. Joining us to discuss it all is our friend, katie phang, attorney and host of the Katie Phang Show right here on msnbc and our other friend, justice and Legal Affairs analyst, Anthony Coley. Coley is a former Senior Advisor to attorney general merrick garland. Anthony coley wrote a piece for msnbc. Com talking and has tweets. That without sufficient evidence that the District Attorney and the prosecution, you talk about willis making a strong argument for why she said stay on the case against trump but she needs to remove her team, the attorney from whom she had a personal relationship