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
This is bbc news. A new chapter in the economic History Of The Uk the promise we will hear shortly from Shadow Chancellor Rachel Reeves, Should Labourfor Shadow Chancellor Rachel Reeves, should labour for the Shadow Chancellor Rachel Reeves, Should Labourfor the next should labour for the next government. Should labourfor the next government. Rachel reeves addressing business and finance leaders in the city of london. We are expecting her speech to start very shortly and we will of course be keeping across the and bring it to you as soon as possible she appears. She is delivering the annual Mais Lecture Following in the footsteps of previous chancellors and Shadow Chancellors and bank governors. Rachel reeves will promise to reform the treasury as part of a possible labour governments Economic Policy. She will say, i remain an optimist about our ability to rise to the challenges we face. The conservatives suggested labour had no plan just more borrowing and more taxes. The speech comes
I mean, look at this road, whats it doing right now . Its looking straight up at the sky. And its estimated that even busy roads can see the sky for 70 90 of the time. But its not all plain. Sunning. The problem with putting Photovoltaic Cells into roads is the slightest bit of pressure, the slightest bend, and. So the cells are stuck onto slabs and covered with crushed glass and a translucent resin. At the facility near versailles, in france, these seven millimetre thick panels are being tested for their strength and durability so they can withstand heavy traffic, as well as ensuring that they arent slippery. We have the cell and on each face we added polymer to increase the stiffness and the durability of the cells itself. So do they bend or are theyjust resistant to bending . Yes, of course they bend, butjust a little bit. So it resists. And they are pretty strong. Im a geek, i cant open a jar, let alone bend a piece of road. All right, 0k, can i smack it on the. . Laughter. Uhhhh.
I mean, look at this road, whats it doing right now . Its looking straight up at the sky. And its estimated that even busy roads can see the sky for 70 90 of the time. But its not all plain. Sunning. The problem with putting Photovoltaic Cells into roads is the slightest bit of pressure, the slightest bend, and. So the cells are stuck onto slabs and covered with crushed glass and a translucent resin. At the facility near versailles, in france, these seven millimetre thick panels are being tested for their strength and durability so they can withstand heavy traffic, as well as ensuring that they arent slippery. We have the cell and on each face we added polymer to increase the stiffness and the durability of the cells itself. So do they bend or are theyjust resistant to bending . Yes, of course they bend, butjust a little bit. So it resists. And they are pretty strong. Im a geek, i cant open a jar, let alone bend a piece of road. All right, 0k, can i smack it on the. . Laughter. Uhhhh.