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In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent ...

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And thats bbc news at six. Now its time to join our colleagues for the news where you are goodbye. Hello and welcome to sportsday. Iam hugh i am hugh farris. The headlines this evening. Thursday night is Champions League night, for one week only, as arsenal are the final British Club to make their bow. Ben Duckett Stars before england are spun out at Trent Bridge in the first one dayer against australia. And this will be the british Teams Opponent for a place in the Americas Cup, a rematch against italy for Sir Ben Ainslies Boat. We speak to him on sportsday. Each time we learn, we get better,...

Jerome powell here in york, pennsylvania last year, some relief. Shes Been paying a higher rate on the Credit Card she uses to fund her Business. My Interest Rates have gone up, so my monthly payments have increased tremendously, so i would like to see the Interest Rates come Back down. Whenjerome powell visited this market, the Federal Reserve was watching closely to see if its Big Interest Rate hikes really were cooling inflation, even though it was tough and small Businesses. Thats aBout to change. Mr powell and his colleagues are set to Interest Rates. In york, the arrival of autumn marks ...

SImultaneously exploded across lebanon In what appeared to be a sophIstIcated remote attack. Hezbollah, whIch has Been desIgnated a TerrorIst OrganIsatIon by the uk, Israel and other western countrIes, has called It the bIggest securIty breach. At least nIne people dIed and nearly 3000 were Injured. Blasts were reported In supermarkets, homes and on the streets of the country, whIch shares borders wIth Israel and syrIa. Lebanons Health MInIstry says 200 people are In a crItIcal condItIon and that hospItals are beIng Inundated wIth the wounded. 0ur Correspondent Graham satchell reports. It was ...