News Wrap: Biden says interest rate cut is vindication of his economic policies

In our news wrap Thursday, President Biden said the Fed’s interest rate cut is a vindication of his economic policies, Wall Street celebrated the cut with stocks surging to new highs and Republican nominee for Governor of North Carolina Mark Robinson says he won’t quit the race despite a report about comments he allegedly made on a pornographic website more than a decade ago.

Watch PBS News for daily, breaking and live news, plus special coverage. We are home to PBS News Hour, ranked the most credible and objective TV news show.
 
Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6
 
Follow us:
TikTok: https://www.tiktok.com/@pbsnews
X (formerly Twitter): http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour
Facebook: http://www.pbs.org/newshour
 
Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe