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
i think so, though. i think so. a member of the bernie sanders campaign has been fired after wrongly accessing confidential voter information gathered by hillary clinton s campaign and the washington post reports that the dnc has now suspended the sanders campaign s access to its voter database as a result of the breach, a punishment that could seriously hinder field organizing and campaigning efforts. sanders campaign manager jeff weaver acknowledged to the post that a low-level staffer had viewed the clinton team s information but blamed the software vendor hired by the dnc for a glitch that made the access possible. that news tainted what was otherwise a big day for senator sanders. first, his campaign announced that it has now collected more than 2 million contributions, noting that they expect to outpace president obama s 2012 re-election effort in that metric by year s end. and sanders picked up his biggest labor endorsement to date, from the 700,000 member communications
your endorsement is not just a paper endorsement and not just a press release endorsement. we re going to have thousands of people on the ground knocking on doors and making phone calls and helping us as we do what needs to be done in this country and that is create a political revolution. welcome back. that was presidential candidate and bernie sanders with his endorsement. one of the largest labor unions in the country. 700,000 members strong. workers are in the tell con media and third labor endorsement. it does tail behind hillary clinton who has received 18 national labor endorsements. joining me right now is the president of the communication workers of america. mr. president thanks for joining us and thank you for putting the
i know about the cwa is that your endorsement is not just a paper endorsement and not just a press release endorsement. we re going to have thousands of people on the ground knocking on doors and making phone calls and helping us as we do what needs to be done in this country and that is create a political revolution. welcome back. that was presidential candidate and bernie sanders with his endorsement. one of the largest labor unions in the country. 700,000 members strong. workers are in the tell con media and third labor endorsement. it does tail behind hillary clinton who has received 18 national labor endorsements. joining me right now is the president of the communication workers of america. mr. president thanks for joining us and thank you for putting the show on. engineers who work here at nbc
huffington post in an interview yesterday. if i started writing my inaugural speech as opposed to the speech i have to give tomorrow? look, the answer yes. it is a very sobering thought to be thinking of one s self as president of the united states and the enormous responsibilities that go with that. sanders is poised to reach another major benchmark. his campaign has now received more than 2 million campaign contribution. and sanders has picked up his biggest labor endorsement to date, from the 700,000 member communications workers of america, the union s president has said his organization decided to back sanders after its members made their preference overwhelmingly clear in an online poll. i think what we are seeing is a lot of grass roots support in