Its 4 00 in New York. A major hurricane, the largest city under indictment, ukraines president at the White House right now, and just 40 days to go until Election Day in america. No shortage of big stories, big news on multiple fronts today. Down in florida, Hurricane Helene is bearing down on the Gulf Coast threatening to bring surging waters that officials warn are, quote, unsurvivable. It is currently a category 3 but expected to strengthen before it makes landfall later today. Well get an update at 5 00 eastern. Then Vice President harris has just wrapped remarks in a joint appearance with ukrainian President Zelenskyy. One of the biggest Foreign Policy crises facing President Biden and the next american president right into the 2024 president ial contest. Donald trump lashing out at ukraines leader, making claims that could have come straight out of the mouth of Vladimir Putin. Well have all those stories and much more over the next two hours. We begin with the stunning News Right
Our north america business correspondent ritika gupta has the details. The 0. 5 percentage cut brings its key interest rate, the federal funds rate down to between 4. 75 and 5%. It comes amid signs of inflation in america is continuing to fall while thejob market america is continuing to fall while the job market remains strong even as unemployment has risen this year. The strong even as unemployment has risen this year. risen this year. The labour market is risen this year. The labour market is actually risen this year. The labour market is actually in risen this year. The labour market is actually in solid| market is actually in solid condition and our intentions with condition and our intentions with our condition and our intentions with our policy move today is to keep with our policy move today is to keep it with our policy move today is to keep it there. You can say that to keep it there. You can say that about to keep it there. You can say that about the whole econo
the reaction in asia so far has been mixed. Our north america business correspondent ritika gupta has the details. The federal reserve has delivered a super sized interest rate cut aimed at bolstering the us labour market. The 0. 5 percentage cut, the first in over four years, brings its key interest rate, the federal funds rate, down to between 4. 75 and 5%. It comes amid signs inflation in america is continuing to fall, while the job market remains strong, even as unemployment has risen this year. The labour market is actually in solid condition and our intention with our policy move today is to keep it there. You can say that about the whole economy. The us economy is in good shape, it s growing at a solid pace, inflation is coming down. The labour market is in a strong pace. We want to keep it there. In addition, the committee setting rates released its latest forecast which showed policymakers expecting to cut rates by a further 0. 5%. That would us interest rates below 4. 5% b
Delivered a supersized cut aimed at bolstering the us market. The first in over four years brings its key interest rate, the federal funds rate, its key interest rate, the federalfunds rate, down to between 4. 75 and 5 . It comes amid signs that inflation in america is continuing to fall while Thejob Market America is continuing to fall while the Job Market remains strong as unemployment has risen this year. Risen this year. The Labour Market is risen this year. The Labour Market is actually risen this year. The Labour Market is actually in risen this year. The Labour Market is actually in solid| market is actually in solid condition, and our intention with condition, and our intention with our condition, and our intention with our Policy Move to is to keep with our Policy Move to is to keep it with our Policy Move to is to keep it there. You can say that about keep it there. You can say that about the keep it there. You can say that about the whole economy. The us economy about the wh
Donald trump and Kamala Harris a lot of signs it is barrelling forward, it is on and that is the trumpian way it has been publically debated. Yes, they debate the debates these days. But trump did post online he will debate harris. That reflects a further reiteration of what he expected. He claimed he will do and wants to do the debate but theres been squabbling over the details. But tonight we have public statements from both sides and the moderators, abc hosts, that this is still on in philadelphia september 10th. Trump was threatening to skip the debate and the Microphone System whether it was being held over or not. Reports that team trump wanted to stay with the muted microphones used in the biden debate but not the way it was done in past cycles. Harris wanted them open, and discussions are ongoing in those details. Kamala harris has not had as many events in the public spotlight which is understandable as we reported. They beat the rnc in terms of Television Ratings narrowly, th