Like to call it the Situation Room two tomorrow now Breaking News, the Federal Reserve just slashed Interest Rates by an aggressive Half Percentage Point its a major move that could impact the president ial race. As voters rank the economy as their top issue. With Election Day only 48 days away also breaking the Death Toll rising in lebanon right now after booby traps, Walkie Talkies, and pagers belonging to hezbollah members exploded over two days of Attacks Israel saying a new era, their words, a new era in its War Effort is underway, appearing to tacitly acknowledged Responsibility And Music Mogul Sean Diddy combs has denied bail. Again, losing an appeal and forcing him to remain behind bars as he faces trial on sex crime charges. Standby for new details on this Breaking Story and whats next in the Case Welcome to our viewers here in the united states and around the world. Im Wolf Blitzer. Youre in Breaking News were getting new reaction this hour to the Breaking News. A jumbosized