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Life threatening Flash Flooding and historic Storm Surge. It left towns across the Gulf Coast completely underwater as floodwaters submerge cars, crashed over highways and seeped into homes. At least six people have lost their lives. Take a look at this, rescue crews in pinellas county, encountering homes engulfed in flames as they try to save people trapped by rising waters. Right now, helene has weakened to a tropical storm, as it heads north, putting 42 Million people under flood alerts. Millions across the south are still without power. And here is the moment when the eyewall hit perry, florida. Jesse kirsch was reporting live on the ai ....
In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in ov ....
Least 12 Members Today was Walkie Talkies and at least 14 were killed. Video captured one of the dramatic moments of carnage, a warning the video were about to play for you, maybe difficult to watch. But what youre about to see is device is set off at a funeral earlier today. Here is some of that moment Yesterdays Attack and todays the targets appear to be members of hezbollah, the group backed by iran that the u. S. Desk to me, its a Terrorist Organisation. Cnn has a team in beirut, lebanon and were going to go there in just a moment amidst fears that this could turn things into a wider war. But first breaking news in the Money Lead markets are closing now, on the heels of the highly anticipated decision by the federal reserve to cut Interest Rates in the united states by a halfpoint. That dow finished slightly down 102. 75. After that initial bounce when the news came out two hours ago, Cnn Business Anchor Julia Chatterley is falling ....