Noticeably higher a year ago, it was at 3. 5 . The black Unemployment Rate thats moved up even faster. The rate that workers are quitting their job, and getting hired has gone down. Now by, no means, am i saying the Jobs Market is imploding its not but cracks have clearly emerged. Fed chair jerome powell, he acknowledged as much yesterday telling lawmakers that the Jobs Market has quote cooled considerably. And he said, inflation is not the only risk we faced. Thats why investors on wall street, theyre betting and the fed is going to dial back that Inflation Fighting Medicine by cutting interest rates. The market is pricing in a 73 chance of a Rate Cut not in this next meeting, but The One after that, The One in september now, economists, m talking to are warning the fed not to wait any longer than that. Moodys economist mark zandi, he told me, quote, the biggest danger is a Policy Mistake that the fed keeps rates too high for too long right now, the fed is signaling a september cut. I
A Home Router should never be a home wrecker. Oo this is a good book title. Week Shark Week on this week on Discovery And Stream on max good morning. You are live in the cnn newsroom. Im Jim Acosta in washington. We begin with one of the biggest names in the Democratic Party stopping short of a fullthroated endorsement of President Biden, former House Speaker Nancy pelosi because he is asking her colleagues did get President Biden until The End of the week before issuing any more calls to remove him from the top of the ticket, was he warned this morning that time is running out for the president to leave the race. If thats what he decides to do or comments appear to underline the importance of the president s upcoming News Conference at the Nato Summit thats set to take plays tomorrow. Pelosi was asked earlier this morning whether she wants the president to be the democratic nominee. And heres her response does he have your support to be the head of the democratic as long as the presid
Case. His parents taken into an Fbi Van for a time today. And abc News Tonight obtaining a previous Search Warrant with the final Text Message from Gabby Petitos Phone to her mother. Why it so concerned her mother. The alarming images from the texas border tonight. The White House calling the images horrific. What were some Border Patrol Agents Doing . And all of this as the biden administration now puts migrants on flights back home to haiti. Kenneth moton from texas tonight. The School Shooting Tonight in virginia. Police racing to the scene. Students locking doors, hiding in closets. And there is late word coming in on the suspected shooter. President Biden Set to address World Leaders at the u. N. As the u. S. Now eases covid restrictions on international travel into the u. S. , allowing fully vaccinated visitors from more than 30 countries. And Questions Tonight about the World Leaders coming to new York City for this. Will they be fully vaccinated . New York Citys mayor making Ne
The southern border horrific, as the administration begins deporting thousands of haitian migrants. Wall street sell off what caused the steep drop in the dow . Christmas in jeopardy . Dozens of fully loaded Cargo Ships carrying everything from toys to furniture sit offshore. Whats causing the delay. Major eruption homes destroyed, evacuations, ordered as rivers of Lava Flow through a spanish island. And, unifying america, a new memorial to heal the wounds from a terrible crime more than a century ago. This is the Cbs Evening News with Norah Odonnell, reporting from the nations capital. Odonnell good evening to our viewers in the west, thank you for joining us this busy monday night. Important news for millions of parents, pfizer says its Covid Vaccine is safe, and works at a lower dose for children 5 to 11 years old. The company says it will seek Emergency Use Authorization and shots could be available as soon as halloween. Its a big development right now, children account for more th
675,000 estimated to have been lost in the 1918 flu pandemic. This is now the deadliest Disease And Mass Death Event in u. S. History. Today there was hope of shielding young children from the virus, that is parents who are willing to give them the vaccine. Pfizer says its vaccine is safe for children 5 to 11. And there has been heat on the Travel Ban over foreign visitors. The White House will allow fully vaccinated foreign nationals to fly into our country in november. And as mentioned, biden will make his debut at the general assembly tomorrow. This is at a time after the afghanistan withdrawal and when france is angry at us. We are committed to those alliances, the threat of leveling the economic playing field. Those are all issues we will continue to work with our partners on. The president s ambitious push to rebuild the Infrastructure And Safety net is running into the realities of the House And Senate, back in session for the first time since july. Looking to make the president