Page 8 - Fed Cut News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fury in six hours of congressional testimony. the gop claimed liberal bias while the democrats attacked lies and political ads. >> do you see a potential problem here with a complete lack of fact checking. >> congresswoman i think lying is bad. >> reporter: a few companies like twitter took action banning political ads but time will tell if this brings real oversight to big tech. number two, a strong u.s. economy. despite a global slow down the u.s. economy remains solid. like the u.s. consumer spending money and keeping the economy growing. unemployment is at a 50 year low. last time it was t...

>> and number two, a strong u.s. economy. despite a global slowdown, the u.s. economy remains solid. spending money and keeping the economy growing. unemployment is at a 50 year low. >> the last time it was that low, beatles come together song was at the top of the charts. >> major averages on wall street keep hitting record highs. hope for u.s./china trade deal kept stocking climbs, but you can also thank the federal reserve. in 2019, the fed cut interest rates not once, not twice, but three times. central bank wanted to counter uncertainty over trade. speaking of, number one, the u.s./china ...

Will tell if this brings real oversight to big tech. number two, a strong u.s. economy. despite a global slowdown, the u.s. economy remains solid. like the u.s. consumer, spending money and keeping the economy growing. unemployment is at a 50-year low. >> the last time it was that low, the beatles "come together" song was at the top of the charts. >> reporter: major averages on wall street keep hitting record highs. >> hope for u.s.-china trade deal kept stocks climbing, but you can also thank the federal reserve. in 2019, the fed cut interest rates, not once, not twice, but three times. centr...

And there's the psychological factor, as they say the military aid shows them that the u.s. has ukrai ukraine's back. and any holdup in that military aid or any questions of the military aid, gives them the opposite impression of that. dave? >> really great reporting, fred pleitgen. fred live for us in moscow. thanks. americans have wracked up a record amount of debt. $14 trillion worth. new data from the new york fed, finds mortgages are the largest chunk of that debt. student loans now top $1.5 billion. borrowing increased after the fed cut interest rates. the data suggests that households...

After a hard fall last night against the suns. the two-time mvp will have an mri to confirm the diagnosis. the injury bug has hit the warriors hard this season. the team is already without key players, including klay thompson who is rehabbing from acl surgery. kevin durant left in free agency. let's get a check of cnn business this morning. looking at markets around the world. a mixed performance here, narrowly mixed around the world on wall street, checking futures, narrowly higher. stocks rallied yesterday after the fed cut interest rates s fa third time in a row. the s&p 500 eked out an a...