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is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rate...

this is your well red world. a lot of major averages down on the prospect that we're looking at higher rates down the road. we got our third 3/4 hike in a row with signs that year's end, rates could be a point to a point 1/4 higher than they are right now. we're north of 4%. some wondering if that is enough to deal with inflation that is double that. let's get the read on what happens today and why. jackie deangelis. jackie? >> good afternoon. this is the fed's fifth rate increase this year. it's the fourth increase in a row. as you pointed out, the third time the market is seeing 3/...

fiona dealt a devastating blow to puerto rico. most of puerto rico without power this morning. it could be days before it is restored. many people there also have no running water. >> at least two deaths have been reported from the hurricane which dumped up to 30 inches of rain. emergency crews have rescued well over a thousand people including this woman who had to be carried to safety. many more may still be trapped in the flood waters. parts of the island, puerto rico we're talking about, are still struggling to recover from maria that made landfall five years ago today. >> let's ...

intensefying to a category 3 hurricane with maximum sustained winds of 115 mile-per-hours. the mayor called it catastrophic. some seeing three feet of rain. look at this. most of the island remains without power and a electrical grid with a checkered past and a bad history. it could be a while before it is restored. two deaths have been reported so far in puerto rico which is still struggling to rebuild after hurricane maria hit five years ago today. crews have rescued more than a thousand people but more could be trapped by the floodwaters. the storm killed at least one person in th...

caribbean, hundreds of thousands of people have no power or running water. it is difficult. the worst does appear far from over as we watch the track here with turks and caicos and bermuda. now in fiona's path. >> we are keeping a very close eye on that of course. also this morning new details on the 2020 election. surveillance footage showing what happened inside a georgia election office on the same day voting machines were compromised there. a republican county official and associate seen working with an attorney for former president trump spending hours inside of that restricted ...