Now at breaking point. [bell ringing] norah major news for the economy. The fed cutting Interest Rates for the first time in four years. What it means for your wallet. Its a huge problem, and its getting worse and worse. Norah and Tonights Eye on america. Mortgage rates are coming down, but what about the Supply Shortage of homes . We look at one solution. Im the first person in my family to be a homeowner. Norah the Cbs Evening news starts now. Good evening. Im norah odonnell, and Thank You for being with us on this wednesday night. Theres a lot of news at home and around the world, and we want to start with the number one issue for americans the economy. The federal reserve made a big move today, cutting rates by half a percentage point. Thats more than expected, and it is the first Rate Cut since the Covid Pandemic in 2020 and the largest since the 2008 financial crisis. So tonight the big question is, what does it mean for your Credit Card bills, your mortgage, your auto loans, and
Miracle baby who beat the odds and is inspiring america. Announcer this is Nbc Nightly News with lester holt. Good evening, everyone it was a goal too far. Tonight, the biden administrations acknowledgment it will miss its latest vaccination objective, as much a setback for the country as it is for the white house. Pace of vaccinations stubbornly lagging President Bidens July 4th Target of having 70 of adults at least partially vaccinated appears it will come up short over 177 million americans have received at least one dose that leaves millions of Unvaccinated Americans at risk of the more contagious delta covid variant. Dr. Fauci today declaring the Delta Variant is the greatest threat to eliminating covid. That threat coinciding with an emerging Generation Gap over the vaccinations tom llamas now with late details. Reporter Tonight The White Hous sounding the alarm about the highly contagious Delta Variant, admitting a setback when it comes to vaccines. The country will fall short
Tracking that and the weekend forecast. Weve been dying to get out for a little walk, kari. Its been rough. Yeah. We can do that now that the sun has come back out. And we can see from our live camera from san jose, its be a beautiful morning now. Few lingering showers outside the sacramento valley, widening out the view to see what else is out there, the next storm is right there off our coast and will be moving in, starting in the north bay by tomorrow. So, as we look at how much rain we measured, this was huge. A lot of us got more rain with this one storm than we did all season long up to this point. And getting over 10 inches of rain at the santa cruz summit. Morgan hill from this one storm reaching six inches of rain. Fremont, redwood city, reacing over two inches of rain. Were seeing two inc san jose. Oakley reaching over 2 inches of rain. So now that we are getting a chance to let all of that soak in, temperatures are still pretty cool. And were going to only see it reach into
Shut down yet again. Good evening everyone, im frank somerville. Five of the bay areas nine counties have announced the new stayathome order, taking action before they reached the states 15 threshold for icu bed capacity. San francisco, contra costa, santa clara, and alameda counties will all be under the stayathome order by midnight tonight. The order in marin county starts on tuesday. So far at least san mateo, sonoma, and solano counties are not telling their residents they have to stay at home. Now under the order there will be no indoor or Outdoor Dining at restaurants. But takeout orders will still be allowed. Wineries and bars will also have to close, so will hair and nail salons. Officials are warning people not to gather outside of their own households during the holidays. Ktvu Jana Katsuyama here now with how people and Business Owners spent the final hours before the order goes into effect. Jana . Reporter frank, some of the businesses said they saw a last minute rush. Peopl
Are really chilly in the most places with the 30s except along the water, you are the 40s in oakland as inferences go, 32 in santa rosa so you might even have a little ice on your windshield. Things will warm up but we will not be as warm as yesterday. The 24 hour temperature change shows chillier temperatures but for the most part we will be cooler overall today even in the afternoon. Along the coast we only make it to the mid50s and around the bay right at 60, leslie clear and misplaces especially inland. Beautiful bluebirds guys, 64 the inland areas with high temperatures today, not getting into the 70s and at the most the mid to upper 60s. This is pretty much what you will be able to rinse and repeat all the way through the week. Taking a live look in san jose this morning, the overnight stay away curfew lifted an hour ago and counties in the purple tear which is the most restricted in the states colorcoded reopening plan and the curfew is from 10 until five each night, kenny choi