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
To chicago, hitting severe turbulence. And the fbi, the Big Reveal Tonight involving the suspect who tried to kill former President Trump. First tonight, the severe storms heading to the northeast. Storms already downing trees and power lines. A Falling Tree in the storm, a cyclist had no time to avoid it. Firefighters battling the winds and the flames. The storms fumed by the scorching temperatures from st. Louis to new York City down to washington, d. C. Lee goldberg standing by with the forecast for these storms. And what were just learning tonight about that united flight to chicago hitting extreme turbulence. Tonight, there is also news in the Fbis Investigation into the attempted assassination of Donald Trump. New images tonight of the shooters weapon. And investigators revealing the suspect had looked up both Trump And President biden. And authorities now say when the Suspect Saw Trump was appearing not far from his home, thats when they say he allegedly zeroed in on that butler
Millions. Severe storms now from the midwest into the northeast on the way. And the deadly accident at the atlanta airport. What weve learned. First tonight, this new revised indictment against donald trump, in the Election Interference Case. How its different from the original one, and could it affect the election . Alsz, were tracking the dangerous heat from the midwest moving into the east. Records set in chicago. The feel like reading, 115 degrees. The nations largest Power Grid Operator with a new warning tonight. And this heat now fueling severe storms. Large hail, damaging winds. Moving into the northeast. Ginger zee has the forecast. The deadly airport horror. Two workers killed, a third seriously injured inside a hangar. The deadly wheel rupture. In the northeast, the Mo Mosquito Concern turning deadly. The Massachusetts Town taking action. The spraying in New York City. Authorities in several states watching this closely. The israelhamas war tonight. And the dramatic rescue.
Murders. Those are events in which four or more people are killed. And nearly 9500 Gun Violence Deaths already this year. The president is using this moment to announce new Executive Action to tamp down, to try to tamp down gun crime. Hes also once again calling on congress to act on gun legislation. Lets begin this hour at the white house. Our Jeremy Diamond joins us. What is to come from biden today . Reporter listen, were going to see the president Layout A Comprehensive Gun Prevention Violence Strategy to address the surge in Violent Crime that happened over 2020 and appears to be continuing into 2021, with experts warning of a potentially dangerous and violent summer. Were going to hear the president sign some new Executive Actions on gun reforms. Hes also going to Push Congress once again to enact gun control laws. Press for the confirmation of his atf director. This will all follow a meeting between the president , his attorney general, and several mayors and chiefs of police as
High. Biden saying, america is back. New this morning. Meghan, the duchess of sussex revealing she suffered a miscarriage in a powerful New York Times essay and what we now know about the surprising moment she said that helped her move forward. Not many people have asked if im okay. Black friday frenzy. Where you can find the biggest savings starting right now with so many deals online, how to play it smart and save big in a Holiday Shopping season like none other. And the grammy nominations are in. Women dominate the top categories, beyonce comes out on top with a recordbreaking nine nominations. The weeknd blindsided calling the awards corrupt after being shut out. Despite having one of the most acclaimed albums of the year. The backlash this morning. I felt like in an old cardigan and taylor swift joins us live, the superstar releasing her new film overnight, shes telling us all about it this morning only on gma. And good morning, america. We hope you are ready for thanksgiving. We