It is just coming in right now. The federal reserve announced half a point. That was not the most expected. 48 days to the election, great news for the economy. Critics said it could not happen, but our policies a little policies are lowering costs and creating jobs. As a republican nominee plans to raise your grocery prices. How can a family of four that, like cheerios? i haven t seen cheerios in a long time. And nancy pelosi on the state of the race and the maga threats in the house. And growing calls for center in the senate as a hate crime hearing flies off the rails. You do not support hamas. I oppose you should hide your head in a bag. When all in starts right now. Good evening from new york. I am chris hayes. We are so back. This afternoon federal reserve chair jerome powell took the stage to announce the feds first cut in interest rates since 2020 and the beginning of the pandemic recession and it was a big one. A half percent interest rate reduction to stimulate borrowing and
Thank you so much for letting us into your homes. Were so grateful. The beat with Ari Melber starts right now. Thank you very much. Welcome to the beat. Im Ari Melber. Theres a lot happening right now. On our program Nobel Prize winning Economist Paul Krugman is here. He has a break down of why he said trump was lying at the debate but inflating the concepts of a plan he doesnt have. Also, Kamala Harris Campaigning in wilkes barre, pennsylvania. Well bring you her remarks. What a week shes had. Shes doing local Television Interviews in pennsylvania. Keep it locked right here. Youll get the news, the updates as well as her remarks when she speaks. 53 days out from the election the Harris Campaign is clearly in high gear, pushing rallies, the local interviews, a new plan to speak with oprah and all these other rallies and campaigning since the debate with trump. Its one day away. The countdown is on to a pivotal president ial debate. We should be prepared for the fact hes not burdened by
Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
President Trump Leaves Office in january. The Us Senate Passes an act that could see huge fines or even jail for those involved in sports big, but the World Antidoping Agency warns it excludes American Sports while allowing International Prosecutions to go ahead and avoidable hostilities. Russian president Vladimir Putin says the bloodshed between armenia and azerbaijan could have been halted weeks ago before the conflict in the go. In the car obama had reached the breaking point. I managed to convince president live that it was possible to stop the hostilities. But he said bigotry condition was the return of refugees, including to sue, show the known expectedly for me. The position of romanian partners was formulated in such a way that it was on acceptable food. Lozier News Headlines for this hour in just about an hour. My colleague, niki, aron will be taking over and on behalf of the r. T. E. International team. Thanks for watching. And we hope you have a great day timex kaiser. When
Los angeles orders residents to stayathome. The clock ticks. France warns it could veto a trade deal between the u. K. And the eu if it doesnt like the terms. It comes as officials on both sides of the deal could be done in the next few days. Increased scrutiny. The house of representatives clears a china delisting bill, sending it to president trump. The measure could lead to companies being kicked off of the american exchanges. 6 00 in london. 7 00 in paris. 10 00 in downtime see iop. We have the lifeline of stimulus. Stimulus against the risk, the u. S. Deadliest day of hospitalizations so far. The reality of covid is trumped by stimulus. Good morning. Annmarie if i would have told you a few years ago that we would have the s p 500 hitting a fresh record high at the same u. S. Had its deadliest day with 2700 people dying due to covid. You would not believe me. This divergence between the market and the reality of covid is yet again playing out. Manus indeed. I take you back 24 hours