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
John live look at the Federal Reserve where a decision on the future of Interest Rates is imminent. We should get it any second now. This announcement should have major implications for americans feeling the pinch of inflation. We do expect federal Reserve Chairman Jay Powell Toehold a News Conference later this hour as is traditional. With that, John Roberts and washington. Sandra Sandra Smith in New York. Might as well sell myself because right now you are looking at a bit of a turnaround. What are we looking at with the dow . But the Tick Marks not indicating that peer do you see that . The Tick Mark is read. We are going to look at that because i dont know what that is. A minute ago it was flat now it is up okay, the decision is now, okay, 50 Basis Points. The Tick Mark is not on the screen but that is accurate. The dow is now up 323 points, john. That Tick Mark there it is there it is. All right, so this was highly anticipated. Kelly ogrady from Fox Business ran onset with us to c
I got it approved. Ronald Reagan Couldnt do it and nobody could do it. I got to done. In their first week, they terminated it. Check that one out, bagram. Check it out, willie. You got your Google Machine . Bagram, alaska. I hear there is some of the best Moose Hunting in all of the world in bagram. Imagine if Joe Biden or wait a second. 24 7. Bagram left. That would be bagram, alaska, bagram, afghanistan to the right. No. I think he may have confused alaska and afghanistan. Not a slip of the tongue either. He said it five or six times, gwynne, closed with check it, google it, find it, look it up, take it to the bank. One thing he is right, though. Rodney reagan did nothing about bagram so that part of it is true. Thank god. Thank god he is so much better than every other president ever he says except for The Other 45. That was a Campaign Event in Michigan Last Night where he repeatedly confused alaskas arctic national Wildlife Refuge known as anwar with bagram Military Base in afghani
Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interest Rates. They decided to do so by half a Percentage Point. Economic activity has continued to expand at a solid pace. Job gains have slowed. Well have to see what Fed Chair Jerome powell says to explain cutting Interest Rates by a Half Point. Im going to ask the Control Room if we can get a ticker and keep an eye on whats going on with the stock market. Its going wild . There we go. Ran insana, th
That there have been new explosions rocking the country. One day after a massive coordinated attack causing pagers to explode across all lebanon. Right now, the Death Toll after Yesterdays Attacks on pagers stands at 12, including two children. More than 2700 people were injured, including the iranian ambassador, according to lebanese authorities. Joining us now, Raf Sanchez from Tel Aviv and clint watts, Nbc News National Security analyst. What do we know about the new round of explosions . Reporter jose, in the last couple of minutes, lebanese State Media is reporting what appears to be a second wave of explosions, all across lebanon. Were seeing reports of blasts in beirut, the capital, and in the south, near the lebanese border and in the valley, a hezbollah stronghold. Lebanese State Media is saying the devices that exploded today are twoway radios as opposed to pagers. It is a very fluid situation. It is not clear if all of the devices that blew up are radios, walkie talkies, as