Announcements, still a couple hours away. Edward lawrence where things stand. Reporter the Federal Reserve has not cutrate since december of 2018. Nowed administration would like to see 2008. The market is pricing in a 25 basis point rate cut at this point. If you look at the speeches over the past month or so, of the 10 voting members on the federal open Market Committee six of those, those six on the screen, have indicated they would favor a rate cut. Now this Federal Reserve chairman Jerome Powell says that the Federal Reserve will use its tools to keep the expansion going. This is important, his language is important, not to head off a downturn but keep the expansion going. That could signal the Federal Reserve could act before they saw any numbers that represent a downturn. They are slow and deliberate in the moves up. A Senior Administration official says the president will call for a more aggressive Monetary Policy. The official says the president want a 50 basis point cut today
Word moderate, it is not in there. Democratic leader chuck schumer. Nothing moderate about him or nancy pelosi, on a threemonth extension for the debt ceiling and funding for the government. A deal that has congressional conservatives fuming. Well take you there live when the president begins. David all happening right now. But markets first. Getting a bump from the president s announcement that would clear the decks for a tax cut. Quickly to Nicole Petallides from the floor of New York Stock Exchange where the idea of a tax cut really excites investors. I can almost say tax cut, good news, back to you, david and melissa, to you jokingly. That is one of the ideas that propelled us since last november. The dow is up 255 points after a 234 point drop. Up 55 points. Intel had news in europe. Home depot is shipping out emergency materials down to florida ahead of Hurricane Irma. You saw the energy names higher. Taking a look at amazon. Amazon has been in the news because there are are some
Thats very nice of you. Thank you, thats very nice, but i want you to tell me the truth. Was i your first choice, or was the line too long for three men and a baby . [ laughter ] besides, this is free, right . [ laughter ] on the stand, simba. [ laughter ] whats going on . What is this . Now, thats not real, is it . Tell me thats not a real skin. Ill put it to you this way. Its the Juliet Prowse look. Call bob barker. [ laughter ] but its not really real, is it . No, no. Well, semi. Theres a few hairs left on it, here and there. [ laughter ] i appreciate you sharing the evening with us. Then again, what was your choice . Sitting at home with a dead Christmas Tree . [ laughter ] [ applause ] see, i always ask fred before i come out. I say, hows the audience . He says, theyre great. Last night, i asked him, and he wouldnt tell me. [ laughter ] last nights audience was the kind of a group they were angry, because their pit bulls had been outlawed. [ laughter ]do you tourists wouldnt be so
Is harold the other little boy . Would have to die. But for fergie to become queen, the whole royal family would have to be wiped out in an airplane crash that killed Wayland Flowers and madame. [ laughter ] [ applause ] anyway, we have a good show tonight. You didnt announce our special guests. George bush, and robert dole will come out here to do whos on first . [ laughter ] we have the one and only miss bette davis, with us tonight. [ applause ] and. A very funny performer, martin short, is with us tonight. [ applause ] and possibly, and his orchestra, so well be right back. Stay with us. [ music ] [ applause ] thank you. [ applause ] you finally did itand it was actually easy. Who would have thought . You did what dad taught you to do you took care of business. You made up your mind. Got it done. And thats a load off your shoulders. Thats how it feels to get guaranteed acceptance Life Insurance simple, affordable coverage for people age 50 to 75. Massmutual designed it to help cove
The United States and around the world. We start this hour with the very latest on the two murders, two journalists in the United States. It happened on Live Television. Rattling the nation and sparking renewed debate over gun control here in the country. A few hours ago, a group that is working to End Gun Violence held a vigil for Alison Parker and adam ward. The gunman, Vester Flanagan, a former do worker at wdbj killed him and later killed himself. The woman parker was interviewed at the time of the shooting, Vicki Gardner was also shot during the attack. We understand she is in good condition. More on the victims, 27yearold ward had just gotten engaged to a producer at that television station. 24yearold parker had just celebrated her birthday and had moved in with her boyfriend whos an anchor at wdbj. Earlier, he shared more about Alison Parker and the journalist that she was. Listen. She was a nerd at heart and yet displayed a beauty that i had never seen before in person and i wa