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katy tur. here we are again, another fed meeting and another expected rate hike. we re going to get to the number in just a second. it is expected to be a quarter of a point. we re going to see how the markets react to that because they have been on a relative upswing and we re wondering does that trend continue? we are also watching as you well know, memphis. the funeral for 29-year-old tyre nichols is today. and supposed to begin right about now. weather has been delaying it, so we ll go there as soon as it does start. but again, there is breaking news from the fed. just confirmed, they are raising it, interest rates, by a quarter point. joining me now is nbc news business and data reporter, brian cheung. a quarter point, what can you tell us? the nation s central bank, the steward of the u.s. economy raised interest rates by .25 percentage points in their meeting today, after some encouraging news we had gotten in previous weeks that inflation was coming down. was ....
shooting at a los angeles area dance hall. we re going to join it live. be sure to stick with us for that. and it comes just hours after a deadly conclusion to a police standoff there. a s.w.a.t. team broke in to a white van, believed to be linked to last night s mass shooting at a lunar new year celebration in monterey park. earlier during an attempted traffic stop of this van, in torrance about 30 miles away, police heard a possible gunshot. the los angeles times says the driver died of a self-inflicted gunshot. and police now have to determine if the person they found behind the wheel is this man, the suspected gunman who opened fire at a ballroom dance studio, killing ten people and wounding ten others. we are covering all the angles of this developing story with our correspondents and experts. let s begin this hour with don lemon in monterey park. don? good evening to you, pamela. and it is a day of devastation here in monterey park, california. yet another sho ....
newsroom . i m jim acosta in washington. we begin with breaking news in south korea where 59 people are dead and 150 others are hurt. that is in seoul, the capital. and it happened at a halloween festival. i want to show you some of the scene. we have to warn you this video is graphic. it is an incredibly chaotic scene. you can see people performing cpr on some of the victims on the scene. it is unclear what caused people to collapse in these kind of numbers. will ripley is at the keep. will, you re right there. this is just unbelievable what s occurred. what more can you tell us? when we arrived, people were on the phone, sobbing, calling their loved ones to let them know they were okay. that chaos has turned into a stunned sense of shock in the nightclub district of seoul where tens of thousands of people have come to celebrate halloween. they were packed so tightly into some of the side streets. in fact, the party that was happening was at a hotel just behind me ....
of a male asian, does that matter? we will also have the latest on new documents found in the delaware home of president biden. in a search, the white house says, it asked the department of justice to conduct. out on the streets, abortion rights advocates protesting in cities across the country today on the 15th anniversary of roe v. wade. we will take you to the one of the biggest demonstrations ahead. we begin in california now where the man hunt is on after police say a gunman killed at least ten people and injured ten others in a lot to angela s summer of monterey park. this came after hundreds of people had gathered for the lunar new year festival in the city. nbc news josh lederman is on the ground for us there in monterrey park. what do you know at this hour, josh? as of about an hour and a half ago from when we heard from law enforcement, a suspect was still on the loose with police, the county sheriff, describing that subject as an asian male. between 30 ....
right now. after a year s long legal battle, donald trump s tax returns are now public. the thousands of pages show that during the first and last years of his presidency, trump paid very little in federal income taxes, claiming huge losses to shave down his tax bill. we have experts ready to break down the six years of filings plus a member of the house ways and means committee into what went into the decision to make everything public and the precedence it sets going forward. we ve got more developments from the january 6th committee. another batch of deposition transcripts just dropped. among the interviews, rudy giuliani, jared kushner, and mick mulvaney, and what they said and how it all impacts the former president coming up a major break through in the quadruple idaho murder cacy a 28-year-old man has been taken into custody in connection with the case according to multiple law enforcement officials. what we know and what we could find out at today s news con ....