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Welcome back to bbc news. Stricter breaking news. A statement from Scotland Yard regarding mohamed fayed. They say they are aware of various allegations of sexual offences made against him over a number of years. The commander from the met said they are aware of the met said they are aware of the allegations made against the allegations made against the late Mohammed Alf fired which were reported to the mets. Each one was investigated and where appropriate advice from the Crown-prosecution-service >Crown Prosecution Service was sought. No charges resulted from these investigations. We are committed, the statement goes on to say, that those who report them receive the best service possible from our offices and we have made progress in improving the quality of our investigations in recent years ....
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 ....