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MSNBC Chris Jansing Reports September 19, 2024

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. ....

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Small earthquake hits near Charlotte; 12 quake recorded in NC this year

A small earthquake was detected in North Carolina on Monday morning just miles away from Charlotte. ....

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3rd earthquake in 3 days rattles North Carolina mountains near Tenn. border

The Sunday quake in the North Carolina mountains is the latest of three small earthquakes to hit in the same area with a 2.1 magnitude on Thursday and a 1.7 magnitude on Saturday. ....

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4.0 aftershock rocks town near NJ quake epicenter — and sways chandeliers at City Hall in Manhattan

A City Hall worker came running into the press room in Manhattan to check on journalists because of the aftershock, which occurred about 50 miles away and caused the municipal building's majestic light fixtures to sway. ....

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New York City's skyscrapers are built to withstand most earthquakes

The ground rumbled Friday beneath New York City, home to famous skyscrapers like the Empire State Building and One World Trade Center. The 4.8 magnitude quake on Friday morning was centered about 45 miles (72 kilometers) west of the city in New Jersey. Aftershocks continued, with a 2.5 magnitude quake on Saturday morning. ....

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