On Interest Rates. That was the take away from the central olbanks twodayy meeting where Interest Rates re left unchanged. Todays decision or perhaps better said nondecision follows three rate cuts this year, which was an abouface from from thet four inter rate hikes in 2018. Steve liesman reports from the Federal Reserve in washington. The Federal Reserve ended a momentous year forli monetary by launching what it one where the policy rate is likely on hold for what could be many months. The move to neutral folws three successive rate cuts in hike rates in 2019. Of plans to the fed called the current stance of policy quote appropriate. The feds overnight lending rate stands at a range of 1. 5 to 1. 75 . The fed chairman suggested that could be the case for a while to come. We believe the current stance of Monetary Policy supports sustained owth, a strong labor market and inflation near t symmetric 2 objective. As long as incoming information about economy remains broadly consistent wit
The impact for the entire planet and the bitter dispute over who is to blame. All that, plus, elevator tragedy. A horrifying accident kills a man in his new york city highrise. Boycott . Controversy over sean spicer joining dancing with the stars. What hes saying to his critics. And lining up. Our biggest crowd of the year has tu name in music right now. Lizzo is here to do her thing. Today, friday, august 23rd, 2019 announcer from nbc news, this is today with Savannah Guthrie and hoda kotb, live from studio 1a in Rockefeller Plaza hi, everybody. Good morning welcome to today. Nice to have you with us on a friday morning that is a crowd. To steal a line you used earlier, it is going to be lit it is the crowd has been lined up around 6th avenue and 52nd street theres lizzo. Lizzo doing her sound check right now. Hair toss, check your nails the concert will start in a few minutes. Shes a phenomenon in music right now. I think we were a little surprised. We were. People wrapped around the
Life in prison. . In los angeles, will car, akaca news. Our thanks to will. Commissioners in the florida city of Riviera Beach have decided to pay about 600,000 in ransom to hackers who have paralyzed city computers. They called a special City Council Meeting where they agreed to pay that ransom in bitcoin to get their stolen data back. The hackers got into the city system when an employee clicked on an email link that allowed them to upload malware. It will be really interesting to see if this has wider impacts. Thats interesting. A texas woman turned a highway near houston into big bear country. Her name, bessie. She caught lots of stares with this 8foottall, 95pound teddy bear on the back of her car. She says she was moving across town and teddy didnt fit inside. She made sure her turn signals and license plate were not covered. Bessie says a Police Officer gave her a thumbs up during the trip. Wow. Unfortunately, i bet bessie needed a bath when they got there because she probably s
Want movement on gaza aid and reproductive rights, and republicans who want movement on the border issues. You can expect biden spstrive for a bipartisan tone n capitol hill. The stakes will be high for President Bidens state of the Union Address this year. The speech coming right after super tuesday, which made clear november will be a rematch of President Biden and forme President Trump. Its an opportunity to get the attention of a big share of the country, which, you know, doesnt happen that often, Eric Schickler is codirector of the Uc Berkeley Institute of governmental studies. He says with a tight reelection race, President Biden likely will use the speech to highlight his accomplishments and goals of lowering health care costs, defending reproductive rights, supporting ukraine and getting humanitarian relief in the gaza conflict. He also will likely tout the economy and lower inflation. Hes certainly going to try to convey the this sense of himself as somebody who is willing to
Tire starts falling off the left rear side of the airplane. There it goes. This is moments after takeoff. This is a boeing triple 7 that took off just after 11, 20 this morning. It was headed to japan at the time. Now weve learned the flight was diverted to lax where it landed safely at one 15 this afternoon at sfo. Officials are telling us that the runway where this plane took off from was briefly closed to clear the debris. It has now reopened. United airlines has now provided some new information about the flight with a saying that there were a total of 249 people on board 235 customers, 10 flight attendants and for pilots. Thats the breakdown. The plane does have 6 tires on each of its 2 main landing gear struts. So its designed to land safely, even if it is missing or has any damaged tires. So the United Airlines statement also reads this in part united flight. 35 last one tire after takeoff from sfo and landed safely at lax. We are ranging for a new aircraft to continue this trip