In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. 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 h
Hello, a warm welcome to our viewers joining us in the u. S. Canada and Around The World, im Max Foster in london. We are continuing our breaking News Coverage this hour. As the fbi investigates apparent Assassin Nation Attempt on Donald Trump, the former us president , wasnt harmed in Sundays Incident at his Golf Club in florida, which comes just two months after an Assassination Attempt at a rally in pennsylvania, a 58yearold man identified as ryan Wesley Routh has been detained a source says the Fbi Investigation has now gone, global as officials look into his background, weve learned ralph has criticized trump on Social Media in the past sources say trump had been playing golf at the time of the incident, moving between holes five and six and his outing was a Lastminute Decision. The Palm Beach County sheriff says the Secret Service fired shots at a man with a rifle in the bushes along the perimeter of the trump international Golf Club. A witness Who Saw the person flee in a car or
Orleans. The state of emergency. Francine slamming ashore in Louisiana Packing 100mileperhour winds and up to ten feet of lifethreatening Storm Surge. A national Guard Truck running off the road. Our team in the storm zone, and Al Roker tracking it all. Also tonight, Kamala Harris and Donald Trump coming facetoface again and shaking hands at a 9 11 memorial in New York just hours after their fiery debate. The candidates clashing over the economy, abortion, the border, and the moment the former president pushed a baseless and shocking claim about immigrants in ohio. Did the Debate Sway voters, and will there be a rematch . Plus, the impact The Endorsement from Taylor Swift is already having. The raging California Wildfire exploding ten times in size in just 24 hours. Dozens of homes destroyed. Dramatic rescues and Word Tonight of people trapped including an offduty officer. Plus, the Arson Arrest in another massive inferno. Inflation cooling to 2. 5 with the Fed Set to cut rates. Justin
Doing im Wolf Blitzer in the situation room. Thanks very much for watching Erin Burnett Outfront starts, right outfront. Next, mccain backs harris, the late Senator John Mccains son, whos been serving in the military for 17 years is a very private figure, is blasting trump it was visit to Arlington National Cemetery as democrats are outspending republicans in a massive way in Swing States was giving up new reporting into outfront that the Trump Camp Campaign is all but deserted. A state that trump once thought he could win and well tell you which one and why this matters tonight. And a former top aide to two new York Government nurse charged with acting as an agent of the chinese government, who is she . Lets go outfront and good evening. Im Erin Burnett Outfront tonight, an endorsement for Kamala Harris driving Headlines Tonight and it comes from someone named mccain, Jim Mccain, who has served in the military for 17 years he is the son of the late Senator John Mccain and Jim Mccain i
I am katie feng and for alex. The 2020 presidential election was one of the closest races we ve ever experienced in this country although george w. Bush won the election, it was al gore who won the popular vote that your. When you start to slice and dice the electorate into different voting groups, that race starts to look weightless tight. Check this out. In 2000, george w bush dramatically outperformed his opponent among white evangelical voters, winning 68% among that group. In 2024 he increased that support by 10 points. Evangelical support for the republican presidential candidate remained relatively steady for the next two elections and then look what happened in 2016. Donald trump won the support of 81% of white evangelical voters. Trumps ability to supercharge the evangelical vote has largely been attributed to the reason he was able to win the presidency the first time he ran. Without a strong evangelical turnout, it becomes much more difficult for donald trump to chart a repe