Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interest Rates. They decided to do so by half a Percentage Point. Economic activity has continued to expand at a solid pace. Job gains have slowed. Well have to see what Fed Chair Jerome powell says to explain cutting Interest Rates by a Half Point. Im going to ask the Control Room if we can get a ticker and keep an eye on whats going on with the stock market. Its going wild . There we go. Ran insana, th
putin s rule now says he was not trying to topple the russian leader. it s the first time we re hearing from yevgeny prigozhin since he ordered a sudden stop to an armed rebellion just 120 miles from moscow. plus, what did the u.s. know and when did it know it about the plan to topple putin? the chairman of the senate intelligence committee mark warner joins me live in minutes. and ron desantis lays down a big marker on immigration, the florida governor says he will finish what donald trump started and build that wall. i m dana bash, let s go behind the headlines and inside politics. today we go behind that power grab that was that wasn t or what was it exactly? right now we re going to try to answer all of the questions that we have about the revolt inside russia, the mercenary who led what looked and sounded like a revolt is now trying to answer one of those questions. why? cnn just obtained new audio of prigozhin and he says the march to moscow was not a coup b
hello again, thanks for being with us. it s 11:00 a.m. eastern, i m ana cabrera reporting from new york with this special second hour on this federal holiday, and we are following breaking news this morning. america s secretary of state holding a high pressure meeting with china s president xi. did that one-on-one do anything to settle the simmering tensions between our two countries. extreme weather, millions remain under threat, even as communities reel from the aftermath of devastating tornados also ahead, a terrifying close call at one of the busiest airports in the country, a passenger capturing the video of this plane s wing almost hitting another plane on the runway. and later, celebrating juneteenth, we ll take you to galveston, texas, known as the birthplace of this federal holiday commemorating the end of slavery here in america. but first the breaking news out of china where u.s. secretary of state antony blinken met just a couple of hours ago with pres
tonight it s 11:00 here on the east coast. 8:00 on the west coast. breaking tonight, more fallout tonight over the colorado supreme court decision to keep donald trump off the 2024 ballot l. more states follow suit? the former president is also fundraising off the ruling. it even had his republican primary opponents speaking out in his defense. chief correspondent jonathan hunt is live in los angeles where that case goes from here. good evening, jonathan. donald trump might be angry over his legal challenges but the flip side of that for the former president is the old adage that there is no such thing as bad publicity and today everyone was indeed talking trump. as we wait to see whether his legal team asks the supreme court to overturn the colorado court decision, that because he encouraged insurrection he s constitutionally ineligible to be on the ballot, president biden weighed in, all bee it in measured fashion. however, the 14th amendment, let the court make that de
expands power. warning stormy seas ahead. fly me to the moon. the first ever space tours winds up to blast on of again. and later, the sound of solidarity. this minneapolis band on a mission to be heard at george floyd square. this is the cbs weekend news from new york with jerika duncan. thank you for joining us on this sunday. police in stockton, california, say they are certain they have the serial killer authorities have been searching for. providing relief to a community. the arrest was made this weekend. the suspect, wessely brownly. cbs s dannia bacus. investigators say the arrest came just as he was on the prowl for his next victim. police say this is the serial killer who had the community of stockton frozen in fear for three months. 43-year-old wesley brownly s arrest came to the relief of residents 80 miles east of san francisco. a lot of people are going to feel a lot safer. it was scary. very scary. but i m glad he has been caught. armed with a ha