First tonight, the graphic images coming in. For the second day in a row, hundreds of wireless devices simultaneously exploding across lebanon. Our team in bay route, about 20 feet from one of the blasts. At least 20 people killed today, more than 30 dead now. Thousands more wounded. 24 hours ago, pagers exploding with deadly force. Today, walkietalkies exploding, too. Devices that had been given to members of hezbollah. Tonight what weve learned about the remote driger. Marcus moore witnessing the blasts in beirut firsthand. And Martha Raddatz in the Region Tonight. Also tonight, the major news back here at home. A major turn for the u. S. Economy. The federal Reserve Today cutting a key Interest Rate by half a percent. The largest cut in 16 years. Signaling the fed believes the u. S. Has turned the corner now on inflation. What this now means for mortgages, credit cards, car loans. And it comes with Gas Prices coming down, too, 48 days before the election. Breaking news in new York C
The economy added 1. 4 million jobs last month. We have added a recordsetting 10. 6 million jobs this may. 10. 6 million jobs since may. That is a record, it is not even close. Secondplace is a long ways away. In july the cbo was protecting projecting unemployment over 10. 5 through the end of 2020. They thought 2020 would be a lot longer than that. Some projections where you go through the entire year and that includes a lot of months and the following year, 2021. Instead the Unemployment Rate plunged, really to the surprise of many, all the way down to 8. 4 in august. That is the second largest single month decline on record. We have the first. Have both of them. We have the two number one declines. Decline meaning positive, not negative. We are witnessing the fastest labor Market Recovery from an economic crisis in history. World history. By contrast, biden presided over the worst, just and slowest economic recovery since the great depression. It was a long, slow slog. It was the we
Moreyou have got one georgia seat with im having a pres. Trump labor day. That was a very special time i had speaking to some of the labor union heads and other people. They are very happy with the way things are going, as you have probably seen the numbers are terrific. So we called some people, wished him a very happy labor day. They told us how they are doing and we celebrate the American Worker. We are in the midst of the fastest economic recovery in u. S. History. So we have a lot to be thankful for, including this beautiful day. I thought we would do this outside as opposed to in your more normal place. The United States experienced the smallest contraction of any major western nation. You probably know that. You look around and see how we are doing compared to every our rise is and spectacular. We are rebounding much more quickly from the pandemic. The economy added 1. 4 million jobs last month. We have added a recordsetting 10. 6 million jobs this may. 10. 6 million jobs since
The nasdaq off 95. The dow off its session lows but still taking a hit today. The uncertainty boosting gold prices above 1900 an ounce. Take a look at gold as well. 1900. Okay. We will also take a look at johnson johnson, merck, fiedzer and fiedz pfizer and regeneron, on pins and needles awaiting the president s announcement. Lets go straight to Edward Lawrence for a preview of what we are expecting to hear. Reporter exactly, the president signing any minute an executive order that in one way will get departments the look at ways they can further reduce drug prices going forward. Also, we have heard it may include the provision that connects the prices the u. S. Pays with foreign prices. The prices Drug Companies charge Foreign Countries. That is the deal exactly the president worked out between gilead in the United States where the United States will basically buy the entire supply of remdesivir. Remdesivir is a drug that helps coronavirus patients. The president puitched a simila ide