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Transcripts For KPIX CBS 20240706

prepared to pay more but the move is moving forward. russia is accusing ukraine of trying to assassinate president vladimir putin and a drone attack on the kremlin. i would take anything coming out of the kremlin with a very large shaker of salt. norah: the immigration crisis at the southern border. why it is only expected to get worse. this is really not an impossible issue, it is an international, migration issue. u.s. citizens getting out of war-torn sudan. cbs news went aboard a saudi arabian navy ships sent to the african nation to evacuate refugees from the latest fighting. we are going back to america, and going to a safer place. baby norah: at the rock & roll hall of fame. is your favorite on the list of inductees? and if you want me then come on get me now norah: good evening, and thank you for joining us on this wednesday night. we begin with breaking news, and the urgent manhunt for a suspect accused of opening fire ....

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Transcripts for KPIX CBS Evening News With Norah ODonnell 20240604 22:37:00

Much. right from today s big, big financial news, the federal reserve wrapped up a two-datingy raising a key percentage point. from the white house, cbs s nancy cordes reports today rate hike comes amid growing concerns about the economy from recent bank failures to the debt limit, fight right here in washington. it is possible we will have what i would hope would be a mild recession. reporter: today s move by the federal reserve pushed interest rates to their highest point since 2007. the fed may not be done yet. a decision on a pause was not made today. reporter: it s a high-stakes decision because the rising cost of borrowing money has already contributed to the failure of three major banks in the past two months. it has also driven down home sales by nearly 20%. emily boyko has been house hunting in minnesota for six months. i don t think anyone is ever prepared to pay more, but it s ....

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