Fed Does News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 repo...

Republican and Democratic Leaders set to meet with the president for highstakes negotiations on the debt ceiling. America is not a deadbeat nation. We pay our bills. With the Clock Ticking toward a june 1st default deadline failure to do that would be unprecedented. We talk with two powerful senators who have a history of working across the aisle about how to avoid an economic meltdown. We should never put the credit of the United States at risk. Until the president engages, it doesnt matter what we do. Later this hour country superstar Miranda Lambert on how she could set a new record in Coun...

>> republican and democratic leaders set to meet with the president for high-stakes negotiations on the debt ceiling. >> america is not a deadbeat nation. we pay our bills. >> with the clock ticking toward a june 1st default deadline -- >> failure to do that would be unprecedented. >> we talk with two powerful senators who have a history of working across the aisle about how to avoid an economic meltdown. >> we should never put the credit of the united states at risk. >> until the president engages, it doesn't matter what we do. later this hour -- ♪ country superstar miranda lamb...

an indictment soon against former president donald trump. cnn has now learned the manhattan district attorney's office has invited trump to testify before a grand jury, all of this connected to the alleged hush money payment to adult film actress stormy daniels in 2016 right before the election. ahead, what it means as prosecutors weigh potential criminal charges. plus, good economic news, the u.s. economy added some 311,000 new jobs last month, that beat analysts' expectations by a long shot. wages, unemployment up slightly. what does this all mean for the fed as it continues its ...

why the coffee giant is closing stores in several major cities and it's not about sales. and the trailblazing woman making nfl history >> announcer: this is "nbc nightly news" with lester holt good evening, everyone the government is putting another dismal number to what our family budgets are already telling us prices are still going up the rate of inflation in june ballooned to 9.1% over the same month last year. the highest peak since 1981 the cost of virtually everything up, from gas, up 60%, to groceries, up 12.2%. to the roofs over our heads climbing 5.5% last month preside...