Am not talking about the Federal Reserve, i am talking with the Teamsters Union saying it will not Make An endorsement in the president ial race. Exactly why, we will ask Sean Obrien in an exclusive chat moments away. First, the Fed Cutting Interest Rates by half a point, the first Rate Cut we have seen now in more than 54 years, stocks bouncing around on the news, originally up more than 400 points, down A Hundred points after consumers with lower borrowing costs. It goes to have an impact on the upcoming president ial race and we are on top of all of it. Welcome everybody, on neil cavuto, first of the fed, that surprising cut, not that it was a cut but it was a big one. Kelly ogrady has more. That is why, that were definitely borrowed money today, the temperature coming out of today is that the fed if he was confident enough about its 2 Inflation Target but clearly wants to ensure the Labor Market is not cool off anymore. 50 Basis Points is a big deal especially because Jay Powell ha
Good to be with you. Im katy tur. This is a monumental day, the Federal Reserve cut Interest Rates for the first time in four years. This was an aggressive 50 Basis Point Cut or half a Percentage Point that will move markets and Mortgage Rates. It might also move the tide of the election. Federal Reserve Chairman Jerome Powell followed the announcement with a speech of his own, appearing to signal more aggressive cuts to come, indicating that inflation is finally under control, all of this, just 48 days before the president ial election. Big day. Joining us now, nbc News Business and data reporter, brian cheung, national Affairs Correspondent with the nation John Nichols, and director of polling at the Harvard Kennedy Institute of politics and msnbc political contributor, John Della volpe. Nbc Business Correspondent Christine romans will be here in just a second. Brian, i shall begin with you, explain what We Saw, and also tell me what he said in his news conference. Yeah, and its stil
Newsnight state of the race. Laura coates live starts right now been arrested cnn is learning he was taken into custody by federal agents at a manhattan hotel tonight. Now its unclear what the specific charges are against them or what they might be, but he has been the subject of a federal investigation into Sex Trafficking for months. Which of Course Led to a Highprofile Search of his homes in l. A. And also in Miami Hes also facing multiple civil lawsuits, nine directly accusing him of sexual assault. One was from his ex girlfriend, Cassie Ventura, who we sell with the november and back in may, federal investigators are preparing to bring some of his accusers before a federal Grand Jury for testimony did his lawyers say the rapper moved to New York last week in anticipation of being charged and said in a statement, quote, we are disappointed with the decision to pursue what we believe is an unjust Prosecution Shouldnt Mr. Combs, by the u. S attorneys office. I want to bring in john m
Speak with my brand jury. Thank you so much for joining us. The news continues right here On Cnn next, the Breaking News lying in wait, investigators revealing the alleged Trump Gunman was hiding near trumps Golf Course where nearly 12 hours. The sheriff who arrested the suspect has the Body Camera Footage is outfront, plus fierce backlash. Elon musk now trying to spin it tweet wondering why No One is trying to assassinate Joe Biden and Kamala Harris Don Lemon, who worked for mosque, joins me Outfront Tonight live. And the threats kyiv coming springfield, ohio schools closed community festival, canceled. Trump tripling down on false claims about migrants eating pets. The president of a university now forced to go remote, response tonight outfront. Lets go to all im Erin Burnett and Outfront Tonight, we do begin with the Breaking News, new questions about whether the suspected gunman acted alone. Investigators at this hour are now racing to determine if the man accused of apparently try
Hello, 12 hours of relief not copying Cough Day or night. Mucinex dm. Its Comeback Season from need the dot to need it. Now Life Raft while it happened. Thats 365 by whole Foods Market this is cnn. The Worlds News Network hour, sean Diddy Combs set to appear in a manhattan courtroom accused of running a criminal enterprise with prosecutors alleging that he quote abused, threatened, and coerced victims over the past 15 plus years, his lawyer is vowing to fight the charges plus a Swing State swing. Both president ial candidates visiting states essential to victory in November Vice president Kamala Harris speaking this hour in pennsylvania, while former President Donald Trump heads to michigan just two days after an apparent Assassination Attempt. And Theres Fallout from allies about springfield, ohio. Now the mayor says he and his family are getting Death Threats after the baseless accusations against the citys migrant community. Were going to speak to him, live about those threats as we