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
First tonight, the graphic images coming in. For the second day in a row, hundreds of wireless devices simultaneously exploding across lebanon. Our team in bay route, about 20 feet from one of the blasts. At least 20 people killed today, more than 30 dead now. Thousands more wounded. 24 hours ago, pagers exploding with deadly force. Today, walkietalkies exploding, too. Devices that had been given to members of hezbollah. Tonight what weve learned about the remote driger. Marcus moore witnessing the blasts in beirut firsthand. And Martha Raddatz in the Region Tonight. Also tonight, the major news back here at home. A major turn for the u. S. Economy. The federal Reserve Today cutting a key Interest Rate by half a percent. The largest cut in 16 years. Signaling the fed believes the u. S. Has turned the corner now on inflation. What this now means for mortgages, credit cards, car loans. And it comes with Gas Prices coming down, too, 48 days before the election. Breaking news in new York C
Let me show you the moment one let me show you the moment one of the pagers exploded in the of the pagers exploded in the supermarket in beirut. He heard supermarket in beirut. He the blast and saw people of the pagers exploded in the Sup Blast Ket in beirut. He of the pagers exploded in the Sup Blast and n beirut. He of the pagers exploded in the Sup Blast and saw lirut. He of the pagers exploded in the Sup Blast and Saw Peoplee the blast and saw people rushing away, the blast on the rushing away, the blast on the left Hand Side in the left Hand Side in the foreground of these pictures in foreground of these pictures a Bag Being carried by a man. Left Hand Side in the Fl Bag Ound of these pictures left Hand Side in the Fl Bag being f these pictures left Hand Side in the Fl Bag being carried pictures left Hand Side in the Fl Bag being carried by ctures left Hand Side in the Fl Bag being carried by a ures left Hand Side in the 0ther a Bag Being carried by a man. Other videos posted onli
AlexIs mcadams Is outsIde the courthouse In new York CIty wIth more now. Good mornIng. BIll and dana, good mornIng. I just looked through the federal IndIctment just unsealed thIs mornIng In new York CIty. Were talkIng about some serIous charges. Weve been watchIng thIs closely for a very long tIme here. Months sInce p. DIddy has been at the center of the federal InvestIgatIon. It stems from verbal, emotIonal, physIcal and sexual abuse. Because It Is such a there are so many allegatIons In here that are so serIous and go back to so many prIvate thIngs that these women who dId come forward and talk to the feds they dIdnt put a lot of specIfIc InformatIon In there. They trIed to keep It pretty vague. They do have a lot of InformatIon were told. They put In here that he used hIs power, because for years has been a huge musIc mogul, to manIpulate women to have sexual actIvIty wIth male commercIal Sex Workers sayIng he would fly In the women agaInst theIr wIll. Also lIsten to thIs. He was o
One of the biggest names in Hiphop Mogul Sean Diddy Combs is in big trouble, off of the top of outnumbered is that we are waiting the arraignment of Sean Diddy combs in a new York City courtroom on a stunning list of charges. We learned this moments ago at The End of the faulkner focus. We had no idea how graphic it would be, so we discussed this, the things that he is charged with doing our graphic. Now, his arraignment is set to begin at 2 30 p. M. Eastern, and thats because we now know what he is up against. That unsealed indictment is public. Combs is said to be formally charged with racketeering conspiracy, Sex Trafficking and transportation to engage in. Prosecutors say combs carried out to Sex Trafficking, threatening and physically abusing his victims. Women, multiple women. They would not give a number at the quick News Conference that followed the words from Damien Williams who is the u. S. Attorney of the southern district of new york. He also, is accused of also recording m