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
Hurricane. Heavy rain, powerful winds knocking down trees onto homes, the dramatic rescues. And tonight francines remnants on the move. Millions under flood alerts. Our team in the storm zone. Also Tonight A State Of Emergency declared as raging wildfires spread in Southern California. Dozens of homes destroyed, the race to escape the flames. An alaska Airlines Plane slams the brakes on during takeoff avoiding a potential collision with a Southwest Airplane cleared to land on the same runway. The faa investigation. The race for the white house. Donald trump now saying there wont be another debate, as he and Kamala Harris hit the Campaign Trail for the first time since tuesdays showdown. Both candidates and key battlegrounds they hope to flip. The aweinspiring images from space. The first ever private Space Walk. And the Life Saving Scene Playing Out on live tv, as Hurricane Francine hit. The hero e. R. Nurse who came to the rescue speaking out to us. Announcer this is Nbc Nightly News
Professional dancers ok stay connected during your move with the best in home wifi. Easily transfer your services in the xfinity app. Bring on the good stuff. Today. Enter 5 and get 50 instantly. Prize picks. Run your game live from the national Constitution Center in philadelphia, pennsylvania here again David Muir and linsey davis. Welcome back. Tonight the time has come for Closing Statements and Vice President harris, we begin with you so i think youve heard tonight two very different visions for our country one that is focused on the future and the other that is focused on the past and an attempt to take us backward. But were not going back. And i do believe that the american people know we all have so much more in common than what separates us and we can chart a new way forward and a vision of that includes having a plan understanding the aspirations, the dreams, the hopes, the ambition of the american people. Which is why i intend to create an opportunity economy, investing in s
Im just praying to the lord to protect us. Margaret plus, the candidates for president together at a 9 11 memorial. Honoring the nearly 3,000 killed 23 years ago. And shaking hands just hours after their first debate. And wildfires out west scorch more than 100,000 acres. What we are learning about a man arrested for arson in one of the states biggest blazes. The Cbs Evening News starts now. Good evening. Im Margaret Brennan in for norah odonnell. We begin with the breaking news. Hurricane francine just coming ashore, making landfall in louisiana, with wind gusts over 100 miles per hour. Relentless Storm Surge of 510 feet is inundating the coastline and beyond, into mississippi and alabama. And the worst is still to come in the hours ahead, as the powerful storm lashes New Orleans. As much as a foot of rain may fall over the next 12 hours as the Storm Moves inland. Evacuation orders and curfews are in effect. Cbss Dave Malkoff reports from the Impact Zone in southern louisiana. Good ev
Media learning. Were trying. Were 60 second away from the president ial debate. It is hosted by Abc News, moderated by David Muir and lyndsey davis. The two candidates have never met Face To face and of course, the differences between them couldnt be more stark. If telected Donald Trump would be the oldest person ever inaugurated to the u. S. Presidency. He has spent the last few days threatening to imprison his political enemies. And being derided for just being plainly incoherent. Vice president Kamala Harris is a former prosecutor and u. S. Senator and attorney general. She has had lightning in a bottle. Running a short and highly energized campaign centered around supreme. We know the stakes could not be higher. Everybody says that in every version of a president ial race but this year we know deeply in our guts that that is true. Here now is the president ial debate. Good evening im David Muir and thank you for joining us tonight for Abc East President ial debate. We want to welco