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
They may have made it more difficult for Hillary Clinton and donald trump to secure respective party nominations. David schuster reports. It is my greatly pleasure to introduce Hillary Clinton. Reporter in pennsylvania, the Democratic Front runner embraced organized labor and tried in her speech to reset her campaign. When unions are strong, families are strong and americans are strong. But after losing the last eight democratic contests, her frustration with Bernie Sanders is boiling over. In a Television Interview she attacked him over Climate Change. I couldnt believe it when senator sanders opposed the Paris Agreement, the best chance we have to embrace Climate Change and deal with the consequences. Reporter but senator sanders said he didnt oppose the Paris Agreement for any other reason than it doesnt go far enough. Some environmental activists are now blasting clinton, quotemen s part of clintons challenge with progressives on Environmental Issues is that she is supported fracki
Survive the digitavinyl, managi. We begin with the president ial campaign. The front runners, Hillary Clinton and donald trump are looking for a path forward, after losing in wisconsin. David schuster are explains. It is my great pleasure to introduce Hillary Clinton. Reporter in pennsylvania the Democratic Front runner embraced labor and tried to reset her campaign. When joins are Strong Families are strong and america is strong. Reporter after losing seven of the last eight democratic contests, Hillary Clintons frustration he with bernis withBernie Sanders. I couldnt believe when senator sarnd opposed the paris agreement, the best chance we have to reverse Climate Change and deal with the consequence is. But sanders said he opposed the agreement because the agreement was too weak. In a statement after the paris conference he wrote while this is a step forward it goes nowhere near far enough. The planet is in crisis, we need bottomed action and there doesnt provide that. But some are
Welcome to your world this morning. The frontrunners in the president ial campaigns trying to plot a new way forward after their big losses in the wisconsin two weeks to go until the next major primary in new york. Donald Trump Campaigned here last night. His team is said to be highering experienced operatives to gear up for a con convention fight in the war of words heating up in the democratic rates. Bernie sanders releashed a stinging rebuke after the former first lady sentence a series of attacks his way. She thinks my quote, unquote not qualified to be president. Let me just say in response to the secretary clinton, edge she is qualified. She is through your her super pac taking tennessee of millions of dollars in special interests. Al Jazeera David Shuster had a has more on the state of the president ial race. It is my great pleasure to introduce Hillary Clinton. Embracing organized labor and cried in her speech to reset her campaign when unions are strong, families are strong in
This is Al Jazeera America live in new york city im del walters. There were signs of progress today in that fight against wildfires burning in northern california. 24,000 people forced to flee their homes still dont know when or if they will be able to get back. The roads are barrel visible with fires burning on each side. Together the valley and butte fires have burned more than 132,000 acres, that is an area bigger than the city of new orleans. Melissa chan from middletown california. Im standing near the foundation of a home, still smoking from the blaze asaturday evening. Standing in the front, probably what youre looking at was probably the living room, were looking at a stove and oven completely charred. Middletown has been destroyed, but you will notice some buildings have survived. Were not entirely sure whether the firefighters did their jobs or the fires were just can a capricious. This fire has amassed 1,000 firefighters from all around the region. It has been very unpredict