It is just coming in right now. The federal reserve announced half a point. That was not the most expected. 48 days to the election, great news for the economy. Critics said it could not happen, but our policies a little policies are lowering costs and creating jobs. As a republican nominee plans to raise your grocery prices. How can a family of four that, like cheerios? i haven t seen cheerios in a long time. And nancy pelosi on the state of the race and the maga threats in the house. And growing calls for center in the senate as a hate crime hearing flies off the rails. You do not support hamas. I oppose you should hide your head in a bag. When all in starts right now. Good evening from new york. I am chris hayes. We are so back. This afternoon federal reserve chair jerome powell took the stage to announce the feds first cut in interest rates since 2020 and the beginning of the pandemic recession and it was a big one. A half percent interest rate reduction to stimulate borrowing and
deadly accidents, scrubbed flights and an ice storm creating chaos. and a woman in oregon kidnapped and tortured and the suspect found dead. and first republican ready to officially take on donald trump and it is not ron desantis. welcome to our viewers in the united states and around the world. i m christine romans. an ice storm is wreaking havoc on the roads in at least eight states from texas to west virginia. that crash was in memphis. the national weather service urging everyone to avoid driving if possible. two people have died in texas accidents as sleet piled on top of ice makes roads very slick. vehicles backed up at at least ten miles down in texas highway on monday, flight aware says more than 1300 flights are already canceled today. the freezing rain still threatening parts of the south and central u.s. for at least another day. cnn s chad myers is here with the forecast. the video just tells the story. the roads are icy. where are we seeing the hardest hit
the invesco qqq legacy classic is back on tnt. that was fun! if you re wondering why we re tired this morning oh, wait, are we on the air? yep! how are you guys doing? it was an awesome game. i feel energized by stuff like that. you were the last holdout. in alabama, there s a whole thing in the fourth quarter, everyone holes their fours up, because you don t leave the game in the fourth quarter. he does not live when he fans leave the game. i cannot leave early. it s like in my soul. and you were the first to go. i was like, we ve got to go. so much fun. thanks, boss, for going to the game. we had fun last night. thanks for joining us. good morning, everybody. that was a knicks/lakers game. we ll talk a little bit more about that. but now we have to get to the news, because there is a lot going on. today, tyre nichols life will be celebrated in memphis as the city prepares for his funeral. authorities also say that even more videos are set to be re
hey, everyone. it s saturday, august 6th. thank you for waking up with us. phil i shouldn t ask about how you re holding up. how is your wife holding up with those four children? they have been fed, as far as i know right now. not watching on the cameras like you guys have. they are happy with their breakfast. i hope there s some cartoons going on. i have to be careful about tv stuff. it s saturday. you watch cartoons, right? phil, when are you coming home? after 11:00. don t worry, wifey. walk through the door and here s the children. it s the beauty of it. amara great to be with you. step by step, democrats moving closer to a major climate bill. that bill has passed a key hurdle in kyrsten sinema, who supports the legislation. her support is essential as democrats push for passage of the legislation, after what we will call a convoluted procedural process. here s a snapshot of what is in the bill. it includes $369 billion to combat climate change, which is the lar
must first secure the border and secure it now. james: what the new policy means for migrants coming into the united states illegally. we ve just crossed the border into mexico to hear what this executive order means for people on this side of the border. james: the cbs evening news starts now. good evening, i m james brown in for norah o donnell, and in just hours, 12:01 a.m. eastern time, president biden s aggressive new border restrictions take effect. the impact of this executive action will be immediately, soon, u.s. immigration officials will be authorized to deport large numbers of migrants without processing their asylum claims. the restrictions will stay in effect until illegal crossings dip below 1500 migrants a day, and they will be triggered again if crossings spike. we have team coverage from the border to the white house, and that s where we start, with cbs s nancy cordes. nancy, this is a dramatic election-year move. what does this mean? reporter: