That is all ahead but we begin with seema mody and the Market Action today seema, it was record highs to start. Were not there yet, though. Yeah. Thats a great point, dom. Three hours left in trade. Take a look at the screen. Were actually losing a bit of steam. Nasdaq now down just about three points s p 500 higher by four and the Dow Jones Industrial higher by 64 points. Nasdaq, if it gets back into positive territory, it would be on track for its tenth consecutive close. That would be the longest strea since 1997 and it really has been a strong weak lets break down when stocks have been leading the charge as you can see, it is primaril technology apple. Intel. Amazon in fact, amazon stock now playing catchup on track for its biggest oneweek advance of the year in response to those strong Holiday Shopping sales stock up about 6 . Also, want to draw your attention to shares of nike. Sitting on yet another record high this afternoon. Consumer edge overnight raising its price target and
The u. S. Federal reserve cuts Interest Rates for the first time in over a decade. President trump tweets his t spleasure it doesn far enough for him. The first night of democratic debate in detroit was a battle for the direction of the democratic party. Now it is time for round 2. Sen. Warren i dont understandd why angoes to the trouble of running for the president of the United States ju to talk about what we cant do and shouldnfor. Laura plus, an unlikely Tourist Destination is pulling in the crowds. Whywn is one ton the austrian alps suddenly so popular . Laura for those watching on pbs and around the globe, welcome td wews america. The u. S. Federal reserve has cut Interest Rates for the First Time Since the financial crisis of 2008. Fed chairman Jerome Powell says the quarter of a point reduction was designed to keep the economy growing for as long possible he start of a longterm cycle of cuts. That has drawn the ire of President Trump, who tweeted, powell t us down. Michelle fle
15 million in eight years. In fact we plant less now than we did in the 80s. Hello and welcome. Im katty kay in washington and Christian Fraser is in london. In the last few minutes the Federal Reserve has done something it has not done in more than a decade cut Interest Rates. Its only a quarter of a point but whys it cutting rates at all . Normally a central bank would only lower Interest Rates when an economy is faltering, not something you could say about the us economy right now. Fed officials describe it as an insurance cut, to keep the us economy on track. But the critics suggest the normally independent central bank is caving in to political pressure from the white house. The president has been very critical of the fed chairjerome powell, and has been demanding this cut since the fed put up the rates last december. Id like to see a large cut and id like to see immediately the quantitative tightening stopped. We expect the chair of the Federal Reserve to speak in the next 30 min
The u. S. Federal reserve cuts Interest Rates for the first time in over a decade. Prident trump tweets his displeasure it doesnt go far enough for him. The firstat night of demo debate in detroit was a battle for the direction of the demoatic party. Now it is time for round 2. Sen. Warren i dont understand why anybody goes to e trouble running for the president of the United States just to talk about what we cant do and shouldnt fight for. S, laura p an unlikely Tourist Destination is pulling in the crowds. Why is one town in the austrian alps suddenly so popular . Laura for those watching on pbs and around the globe, welcome to world news amera. The u. S. Federal reserve has cut inrest rates for the First Time Since the financial crisis of 2008. Fed chairman Jerome Powell says the quarter of a point reduction was designed to keep the econo growing for as long as possible and was not the start of a ngterm cycle of cuts. That has drawn the ire of President Trump, who tweeted, powell le
Campaign 2024 coverage from the iowa state fair. Watch chats with republican president ial candidates posted by the iowa governor. Tonight, former Vice President mike prince on wednesday night, but that ramaswamy. Thursday, the former South Carolina governor and u. S. Ambassador to the u. N. , nikki haley. And on friday, ron desantis. Parasite chats from fair side chats with gop president of candidates. This week marks one year since the Inflation Reduction Act was signed into law and on this anniversary, we are taking a deep dive into some of the climate provisions in the ira to talk about the Clean Energy Job creation. We are joined in studio this morning by jack spencer, Senior Research fellow on energy policy, and lori lotus. The first question for you, your group has tried to put a number on green job creation since the ira was signed into law. What do you think that number is . Since the Inflation Reduction Act passed a year ago, companies have announced over 170,000 jobs all acr