We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business correspondent. Investors are betting on a cat but the Big Question is how deep that cut will be. Indeed. Thats the deep that cut will be. Indeed. Thats the interestin
Sandra what could happen . John im John Roberts in washington. Wow, sandra. It just doesnt stop. Nevery day its new to us. John im Sandra Smith in new york. We have a big hour for you. This case stems from a yearlong investigation. The president s son is charged with three felonies and six misdemeanors concerning 1. 4 million in owed taxes that have since been paid. No statement yet from the first family, and Kamala Harris declined to speak to this moments ago, that we did just hear from Karine Jeanpierre. She is declining to comment specifically as well, although she said there will still not be a pardon by the president , john. John yes, the answer that question is still a no, and as we pointed out, right up until it is a yes. And President Biden ignored questions from the press as he boarded Marine One earlier. Listen to this. Mr. President, will you commute your Sons Sentence . Are you glad your son has pled in his case . John yes, the dulcet sounds of the auxiliary Power Unit on a
On the air were following that developing story out of georgia. A deadly shooting that sent a High School in winder, georgia into lockdown. Heres what we know at this hour. At least four people have been killed. At least nine have been injured and at least one suspect is in custody. President Joe Biden has been briefed on the situation as has Vice President Kamala Harris. Winder is a tightknit community about one Hour East of atlanta, georgia and these kids back at school about one month. Expecting a briefing from Law Enforcement in georgia shortly. When it starts well bring tu to live. This hour were following Vice President Kamala Harris on the ground in New Hampshire there to address independent voters and roll out her plan to help Small Business Owners in america. As has happened so many times before, what should have been a normal, peaceful day in this country, which should have been an otherwise unremarkable day at an american school, it was changed in an instant and forever by t
Me read this to you. President trumps responsibility for the events of january 6th is unmistakable. President trumps conduct must be declared unacceptable in the clearest and most unequivocal terms. The Trump Defense team has until noon to respond and they will argue that trying a former president out of office is unconstitutional, a process argument. Lets begin with Manu Raju On Capitol Hill on the legal brief by democrats. And it looks like what theyre trying to do here is connect the events of january 6th to all that preceded it, right, the president claiming the election was stolen and kind of riling up this group that ended up attacking the capitol. Reporter theyre trying to make a drink link to inciting his support erds suggesting there is no question that donald trump acted intentionally that led to the deadly riot on january 6th. Theyre calling this not a routine corruption charge. This is a charge of historic proportions and Impeachable Offense and they break it down into four
Election. Jiang plus, u. S. covid death toll surges past 900,000. In canada today, new protests against vaccines and restrictions. In beijing, the Winter Olympics begin. Snowboard great shaun white with a big announcement. Platinum jubilee today Queen Elizabeth celebrate 70 years on the throne. And we visit a place instrumental in spreading the joy of music. They want the music to live on. This is the Cbs Weekend News. Jiang good evening. Im weijia jiang in new york. Tonight, the showdown over ukraine between russia and the west shows no sign of easing. Instead, it is intensifying, moscow sent two longrange bombers over its ally, belarus. Also today, the first of 3,000 american troops landed near the polandukraine border as the u. S. Tries to deter a russian invasion. Cbs Charlie Dagata is in estonia tonight with more on the brewing conflict. Reporter theyre the latest u. S. Combat forces to arrive in europe, 18th Airplane Corps Out of fort bragg touched down in germ me, Beefing Up Nat