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Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interest Rates. They decided to do so by half a Percentage Point. Ec ....
That there have been new explosions rocking the country. One day after a massive coordinated attack causing pagers to explode across all lebanon. Right now, the Death Toll after Yesterdays Attacks on pagers stands at 12, including two children. More than 2700 people were injured, including the iranian ambassador, according to lebanese authorities. Joining us now, Raf Sanchez from Tel Aviv and clint watts, Nbc NewsNational Security analyst. What do we know about the new round of explosions . Reporter jose, in the last couple of minutes, lebanese State Media is reporting what appears to be a second wave of explosions, ....
That s about to change. Mr powell and his colleagues are set to interest rates. In york, the arrival of autumn marks a change. After raising interest rates 11 times, america s central bank is all but certain to unwind that, but how quickly they go down from here is still up for grabs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the rebirth of the economy, as inflation falls closer to the fed s official target of 2%, is yet another moment of change. We want stability. Isn t that what everyone wants? that means security. Stability means you can t predict what your business will do, how your community will grow, all those things, and that means you are secure. Still, on the outskirts of town, the first rate cut since the pandemic may not fix america s housing market. Ben rutt is director of marketing at keystone custom homes. He tells me, despite the mortgage squeeze, house prices here have remained high. Economi ....
Message to both israel and to other parties that they need to do everything they can to try to reach a diplomatic resolution. Hezbollah is an armed group backed by iran. And this explosion comes at a time of heightened tension between hezbollah and israel. We know the group had been advising its members to use pagers because of concerns israel could tamper with or access mobile phones. Here s more on today s events from paul adams. And a warning that it starts with some upsetting images. This was a devastating attack. . . . . In supermarkets, on the street, in cars, at home and even in barbershops. Thousands of hezbollah members simultaneously injured by exploding pagers. Incidents reported from all over lebanon, from beirut to the bekaa valley, and even in neighbouring syria. Hospitals suddenly inundated. Each explosion may have been small, but men lost fingers and eyes. Some had gaping wounds to their hips where the pagers were worn. Nine people are believed to have died, including o ....