Am not talking about the Federal Reserve, i am talking with the Teamsters Union saying it will not Make An endorsement in the president ial race. Exactly why, we will ask Sean Obrien in an exclusive chat moments away. First, the Fed Cutting Interest Rates by half a point, the first Rate Cut we have seen now in more than 54 years, stocks bouncing around on the news, originally up more than 400 points, down A Hundred points after consumers with lower borrowing costs. It goes to have an impact on the upcoming president ial race and we are on top of all of it. Welcome everybody, on neil cavuto, first of the fed, that surprising cut, not that it was a cut but it was a big one. Kelly ogrady has more. That is why, that were definitely borrowed money today, the temperature coming out of today is that the fed if he was confident enough about its 2 Inflation Target but clearly wants to ensure the Labor Market is not cool off anymore. 50 Basis Points is a big deal especially because Jay Powell ha
Let s turn our attention to us as well and talk about the us jobs data, that s out this friday. Will that have any impact on what the fed decides to do? we know they re meeting in a few weeks. We are looking at potentially the highest risk economic event of the year so far. Because what we have seen so far, august was unprecedented for some global markets volatility and one of the catalysts behind this was concerns that us economic momentum after being very robust and resilient for the past 18 months or so is showing signs that those rocks are falling and the momentum is falling with it. We do expect the fed, the us central bank, to cut interest rate this month but what s concerning is that fed policy makers have had a poker face of not giving too much away until recently. We had a weak economic data release for the monthly jobs report in august and we have also seen a data revision where up to 850,000 jobs were potentially overestimated between april of last year and march of this yea
Seconddegree manslaughter in the death of george floyd. State prosecutors are asking for a 30year Prison Sentence while chauvins attorneys are requesting time served. Vice president Kamala Harris taking a visit to the border to stem the migration crisis three months ago. Former President Trump is planning to go to the texas border with members of Congress Next week. We begin with the breaking news. Announcing a new lawsuit over the states restricted voting law weeks after promising action to protect Voting Rights nationwide. The complaint alleges that the state enacted those restrictions with the purpose of denying or bridging the right to vote on account of race or color. This lawsuit is the first of many steps we are taking to ensure that all eligible voters can cast a vote, that all lawful votes are counted and that every vote are has access to accurate information. We believe the civil rights of americans have been violated. We will not hesitate to act. Joining me now nbc justice c
Seconddegree manslaughter in the death of george floyd. State prosecutors are asking for a 30year Prison Sentence while chauvins attorneys are requesting time served. Vice president Kamala Harris taking a visit to the border to stem the migration crisis three months ago. Former President Trump is planning to go to the texas border with members of Congress Next week. We begin with the breaking news. Announcing a new lawsuit over the states restricted voting law weeks after promising action to protect Voting Rights nationwide. The complaint alleges that the state enacted those restrictions with the purpose of denying or bridging the right to vote on account of race or color. This lawsuit is the first of many steps we are taking to ensure that all eligible voters can cast a vote, that all lawful votes are counted and that every vote are has access to accurate information. We believe the civil rights of americans have been violated. We will not hesitate to act. Joining me now nbc justice c
Seconddegree manslaughter in the death of george floyd. State prosecutors are asking for a 30year Prison Sentence while chauvins attorneys are requesting time served. Vice president Kamala Harris taking a visit to the border to stem the migration crisis three months ago. Former President Trump is planning to go to the texas border with members of Congress Next week. We begin with the breaking news. Announcing a new lawsuit over the states restricted voting law weeks after promising action to protect Voting Rights nationwide. The complaint alleges that the state enacted those restrictions with the purpose of denying or bridging the right to vote on account of race or color. This lawsuit is the first of many steps we are taking to ensure that all eligible voters can cast a vote, that all lawful votes are counted and that every vote are has access to accurate information. We believe the civil rights of americans have been violated. We will not hesitate to act. Joining me now nbc justice c