12 PM ET: Soft landing, SCOTUS voter rolls ruling, CNN Heroes & more
CNN 5 Things
CNN
3.7 • 1.3K Ratings
🗓️ 30 October 2024
⏱️ 6 minutes
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| 0:00.0 | This election, CNN brings the magic wall directly to you. |
| 0:03.7 | Get election results right as they happen starting November 5th. |
| 0:07.0 | To experience the magic wall for yourself, visit CNN.com |
| 0:10.4 | slash magic wall and download the CNN app. |
| 0:14.0 | Hey there from CNN, I'm Krista Bo with the five things you need to know for Wednesday, |
| 0:19.5 | October 30th. |
| 0:21.4 | The economy may have finally pulled off that soft landing the Federal |
| 0:25.1 | Reserve has been hoping for. That's when inflation is tamed without throwing |
| 0:29.6 | the country into a recession. And several economists tell CNN the US has now reached that |
| 0:35.1 | historical achievement. |
| 0:36.5 | CNN's Matt Egan has more. So these new numbers out measure GDP. It's kind of like a |
| 0:41.0 | quarterly report card for the economy and it showed that the |
| 0:43.8 | U.S. economy grew at an annual rate of 2.8% during the third quarter. |
| 0:49.1 | That is very solid growth and it's being driven by the fact that everyone keeps |
| 0:54.8 | spending money. None of this is to say the economy is perfect right there are real |
| 0:58.9 | challenges especially on affordability but the good news is because the economy keeps growing, |
| 1:03.7 | because the jobs market keeps growing, wages are up. And so now we're in a situation |
| 1:08.9 | where paychecks are consistently beating prices and so hopefully that helps people catch up to |
| 1:15.1 | these higher prices and start to feel better. With a presidential race this |
| 1:19.5 | close every vote counts and Republicans and Democrats across the country are |
| 1:25.2 | preparing for legal battles over how the elections conducted and which votes |
| 1:29.3 | should count. In Virginia the US Supreme Court sided with Republicans by ruling that the state can now implement a program to remove suspected non-citizens from the voter rules. |
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