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
Hurtful to people in springfield, hurtful to the haitians who are working every day. I talked to some of their employees. I had them over for breakfast, their employers, excuse me. And look, they said they work very hard, very focused, very family oriented. Its hurtful for them very, very much. And some of them were afraid. Thats Ohio Governor Mike Dewine addressing the lies about haitian migrants that have been spread by Donald Trump and senator j. D. Vance. But the Vice President ial nominee says Fact Checking is not his responsibility. Well play for you those comments. Meanwhile, the former president held his first Campaign Event since the Secret Service foiled an apparent Assassination Plot against him. Well show you what he said about it and bring you the latest on that investigation. Plus, well go through the coordinated attack against Hezbollah And Lebanon carried out with explosive pagers. Good Morning And Welcome to Way Too Early on this wednesday, september 18th. Im jonathan
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. Economic activity has continued to expand at a solid pace. Job gains have slowed. Well have to see what Fed Chair Jerome powell says to explain cutting Interest Rates by a Half Point. Im going to ask the Control Room if we can get a ticker and keep an eye on whats going on with the stock market. Its going wild . There we go. Ran insana, th
Hello, 12 hours of relief not copying Cough Day or night. Mucinex dm. Its Comeback Season from need the dot to need it. Now Life Raft while it happened. Thats 365 by whole Foods Market this is cnn. The Worlds News Network hour, sean Diddy Combs set to appear in a manhattan courtroom accused of running a criminal enterprise with prosecutors alleging that he quote abused, threatened, and coerced victims over the past 15 plus years, his lawyer is vowing to fight the charges plus a Swing State swing. Both president ial candidates visiting states essential to victory in November Vice president Kamala Harris speaking this hour in pennsylvania, while former President Donald Trump heads to michigan just two days after an apparent Assassination Attempt. And Theres Fallout from allies about springfield, ohio. Now the mayor says he and his family are getting Death Threats after the baseless accusations against the citys migrant community. Were going to speak to him, live about those threats as we
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