Martha welcome i am Sandra Smith in for Neil Cavuto and this is your world. Its the day after neils exclusive interview with the Teamsters President Sean Obrien and the reverberations from sandra the Unions Lack of endorsement in the president ial race being felt across the country today. We did a lot of pulling as you know and it leaned heavily towards former President Trumpets. Very heavily. Neil and im just wondering do you look disconnected from remembers . No, deftly not disconnected from our members because look, we did extensive pulling that was important. Our goal as leaders as Union Leaders is to provide the ability for people to have a voice and provide credible information. We cannot dictate to our members, our members are sophisticated they will make their own decisions. But this is a bigger problem. You know, the democrats always taken for granted that theyll get our our vote no matter what and the republicans fancy themselves as the working party working peopleS Party. I
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
Unit into a separate Public Company. More on that in just a bit ibm up and all the markets up with 59 minutes left in the session. All the big stories of the day coming up. Morgan stanleys Ceo James Gorman on the back of his companys 7 billion deal today to buy Investment Firm eaton vance. Carnival giving a Business Update as the crews and travel industries continues to deal with uncertainties amid the pandemic ceo Arnold Darnell will be our guest next hour. The ceo of Amc Entertainment will join us to discuss the rollback of more blockbuster movie releases why he is staying open when some of his competitors are deciding to close lets look at the stories we are watching in the final hour of trade. Joining us to talk about regenerons push for emergency authorization for its covid19 treatment is alettia young bob, start us off on the market. There may be no stimulus, but the market is actsing like there is going to be one they have levitated themselves into believing something is going t
Bottom to the top. Well speak with the analyst that sparked the probe at 10 15 cet. Auto stocks go into reverse after car sales across europe plunge into 17 . But because of weaker demands and concerns weigh on sentiment. Snowflake gets a warm reception as shares spike more than 100 on the first day of trading on the new york stock exchange. The ipo is not the highlight of my life it is a milestone. We are here to build our business thats what we are excited about. Thats what we do. Thank you for joining us today. Reversal for the Major Industries you are seeing sizeable falls. All in lock step yesterday the uk stock market was down and we had improvements across the boards there does seem to be reaction as they are talking about low Interest Rates for a long time the market looking a little bit weaker at this stage wall street is soggy we are picking up on some of those queues the bank of england closely watched. Lets see where some of the green is coming from these are better perform
Case against him to be dropped. Those are your headlines my colleague your heart will be here in an hours time with another look at the headlines i want to argue International Stay with us. The low end welcome to cross top where all things are considered on people about economics is called the dismal science for reason it is often imprecise and almost always open to see what you want to see in many ways economics remains in our however the Economic Situation sets us all know is much more than about our its about the way we. Will live for this foreseeable future are we witnessing a recovery if so what kind of. Discussing the economy and more im joined by my guest daniela de Martino Bucci is an daoist she is the c. E. O. And chief strategist for Quill Intelligence a research and a linux firm she is also the author of fed up an insiders take on why the Federal Reserve is bad for america as well as they call mr Bloomberg View and in new york we cross to marshall are actually is a Research