Good to be with you. Im katy tur. This is a monumental day, the Federal Reserve cut Interest Rates for the first time in four years. This was an aggressive 50 Basis Point Cut or half a Percentage Point that will move markets and Mortgage Rates. It might also move the tide of the election. Federal Reserve Chairman Jerome Powell followed the announcement with a speech of his own, appearing to signal more aggressive cuts to come, indicating that inflation is finally under control, all of this, just 48 days before the president ial election. Big day. Joining us now, nbc News Business and data reporter, brian cheung, national Affairs Correspondent with the nation John Nichols, and director of polling at the Harvard Kennedy Institute of politics and msnbc political contributor, John Della volpe. Nbc Business Correspondent Christine romans will be here in just a second. Brian, i shall begin with you, explain what We Saw, and also tell me what he said in his news conference. Yeah, and its stil
- advertising is based on one thing: happiness. - [shouting excitedly] - is there any taboo that you wouldn t break? - not if there was a funny idea. - what is wrong with you? - there s so much different storytelling - and so many different stories being told - about so many different people. - i don t think dramatic series television has ever been stronger. - there s no longer this theory of what - popular entertainment must be. - incoming! - who are the heroes? the people who watch this show. [slowly building orchestral music] - this is the week when the major broadcast networks unveil their fall lineup of shows, and every executive in hollywood knows how well the sopranos is doing on cable, which is a network problem. - i think hbo altered everything for this reason alone, is there were no commercials. - we are dependent on sponsors. there is so much we can do in terms of language, in terms of violence, and in terms of sex. - to a large degree, a lot of executives we
ladies and gentlemen, the strokes. may i have your attention please? the president of the united states. the dixie chicks, they say what they want to say. billboard top s 10 singles. wrap was new rock stars. i don t please everybody with who i am as a person. i love beyonce. it is not a working telephone is it? hello. nt shelves are all you will find that these records. it is now out of business. three, two, one! this is a very special moment, the first performance at the mtv studios in the new millennium. please welcome no doubt! earthquakes, arrow planes, and other planes. i will always remember going into y2k, seeing no doubt on mtv, playing it is the end of the world as we know it, by ow it. it s the end of the world as we know it. i feel fine. it was a very appropriately apocalyptic song for what turned out to be an apocalyptic decade. happy new year. we make up, it is 2000, we are all alike, and we are still in the middle of tee
and give it some chili pepper. advertising is based on one thing, happiness. is there any taboo that you wouldn t break? not if there was a funny idea. what is wrong with you? there s so much different storytelling, and so many different stories being told about so many different people. i don t think dramatic series television has ever been stronger. there s no longer this theory of what popular entertainment must be. incoming! who are the heroes? the people who watch this show. this is the week when the major broadcast networks unveil their full lineup of shows. and every executive in hollywood knows how well the sopranos is doing on cable, which is a network problem. i think hbo altered everything for this reason alone, is there were no commercials. we are dependent on sponsors. right. there is so much we can do in terms of language, in terms of violence, and in terms of sex. to a large degree, a lot of executives were just sanding off the edg
Morning to you, todd. Were coming were putting our Pumpkin Carving Skills to a test with a competition out there. Thats the proper way to clean out a pumpkin. Thats how its done. Our reigning champ, Lawrence Jones, will try to he defend his title. He won last year. We brought him in because of that. Todd what is that dance . I dont remember winning it. Rachel yeah, you did. He wins so much, he forgets. Todd what was your approach . I havent done this before. What mental approach would you take in . I dont remember winning it. They told me i need to defend my belt. I didnt know about it. I remember doing the dance. They put it in the commercial now. [laughter] rachel when you dance that well, you know. Anyway, im glad you got to see the power tool, cleaning it out. Will rachels been talking about it all morning long. This is her jam. She wants to help the American People scoop out their pumpkins this holiday season. Will youre dressed like a duke boy. You look like bo and luke duke righ