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raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let's get to the new report and what it means and what is it doesn't. matt egan is here. and what does this good news say about what is next? >> well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends...

announced by his predecessor, kwasi kwarteng, in last month's mini—budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in...

we begin in iran, where a large fire has been blazing at evin prison in the capital tehran. hundreds of political prisoners and dozens of dual nationals are held in the prison, as well as many protesters arrested during the past four weeks of riots around the country. officials say that eight people have been injured, and that the situation is now under control, but information is still trickling out of the country. well earlier i spoke to human rights activist sussan tahmasebi who is also one of iran's foremost feminist figures. i asked what she had learned about what's happening in...

of biblical proportions. ian is a cat 4 storm bringing 140 mile-per-hour winds and leaving a wake of destruction in its path. the national hurricane center is warning of catastrophic window damage with an unsuburb viable storm surge of up to 18 feet. it is expected to dump 2 feet of rain across the state bringing unprecedented flooding and destruction. entire neighborhoods are now undersea as water levels continue to rise. homes are floating down the middle of the street and people are swimming in their living rooms. by the way authorities say it's a very bad idea. who knows what's i...

outlook. >> get as much support as you can in a situation like that. >> niagara parks lit up the parks in blue to show support. >> that's my intention, we are working out the details now. president biden does intend to visit the southern border next week. >> doing it because is he forced to not because he wants actual solution. >> most of my movies the machines were the enemy. but today they found ways to use technology as an ally. >> i am your ultimate companion. ♪ ♪ one more time ♪ ♪ ♪ >> steve: yep, one more time. they're going to go ahead and gavel things in today at no...