Could get out. And from sizzling barbecues to a nice day at the pool. Labor day is celebrated nationwide, but this holiday is actually a day to honor workers. Well look at why this years labor day is more significant than in years past. Live from jack, london square, this is mornington to the nine. Today is monday, september fourth, labor day. And if you have some labor day plans, dont let the cloudy skies here total deter you because Steve Paulson has told us throughout the morning that the fog is going to clear and its going to be slightly warmer today than it was the last couple of days. Mcdonalds is being called out for the prices on its value menu in a now viral tiktok video, a user pointed out that the mcdonalds dollar menu didnt have a single item listed for just 1. It said it shows fountain drinks and frozen beverages were all between 1. 29 and two bucks. Mcdonalds introduced its one, two and 3 menu in early 2018 and offered four items for a dollar back then. Now now those doll
We are getting out of here. Major a Desert Lakebed turns into a massive mud pit forcing festivalgoers to shelter in place and conserve food and water. No one has seen this effect in here ever. Major as summer winds down, americans from the midwest to the east face brutally high temperatures. Its the big september heat. We are talking 167 million above 90 degrees today. The convicted killer who escaped from a prison in Chester County, pennsylvania, is still on the run. We are doing everything in our power to get this guy. Major north Korean Leader kim jong un announces a trip to russia to talk weapons with Vladimir Putin. How one airline is cracking down on skip lagging, a popular trick for cheaper flights. We will explain the pros and cons. I used skiplagged to pay less, and i ended up paying a lot more. At this pennsylvania eye clinic, kids are excited to copy this rescue cat who wears one of her 25 pairs of glasses. Its always been my goal that i create a positive and fun memory. Som
Other states that is prepared to support its war in ukraine. Reporter plans for a meeting between kim and putin come as President Biden is set to leave later this week for the g20 summit in india before making a visit to vietnam. Russia is a member of the g20, but major putin isnt scheduled to attend. Ed okeefe, thank you so much. Julio urias, a star pitcher for the los angeles dodgers, is out of jail on bail tonight. Espn reports he is now charged with felony domestic violence. Urias was arrested sunday night near the l. A. Soccer stadium where lionel messi was playing. In 2019, the League Suspended urias for 20 games following a domestic battery arrest. No charges were filed in that case. Tonight, millions of americans are hitting the roads and skies as the Labor Day Weekend wraps up. The tsa expects to screen more than 14 million passengers through the sixday stretch that ends wednesday. Aaa says International Bookings were up 44 . Domestic bookings up 4 . If youre looking to avoid
It is monday, september 4. Happy labor day. Lelets go. Bicycle cant move anymore. A muddy mess. Thousands of people trapped in the nevada desert after storms at the site of the burning manifest value. We are surviving. We are not thriving. Checking with San Francisco businesses after three and a half years from the start of the pandemic, the uphill climb for some to stay alive. I think if people give us a chance during transit month, theyll find things have changed. Transit month is underway and bart is hoping you will give them a shot. Its the end of the world. Do you remember this film classic . We are marking 60 years since Alfred Hitchcocks the birds hit theaters. Its the start of our 6 00 hour. Thanks for hanging out with us. There is one bird that i like, the one that flies into the shot we cue. We have a nice bird that flies in. You know the bird. Jonathan livingston seagull. Is that the name . I was always trying to figure it out. Good to know. What is it . Jonathan livingston
Front of us. We have talked before about Monetary Policy and i havent been a fan as a banker before i was in congress of going beyond the feds initial Interest Rate policies i felt like qe 1, 2 and 3 didnt produce the gdp effects or job increases that perhaps fed policy makers at the time thought. I have also been concerned that as we go back and look backwards now since 2008 that fed officials really have always been a little reluctant to talk about some of the unintended consequences of that, such as distorting the price mechanism in our economy, depressing cap rates for commercial real estate or running up equity prices which i think are a result when you have that, we have flooded from qe 2 into our economy, affecting price earnings, multiples, et cetera today i havent heard any discussion, we talked about the Balance Sheet, we talked about setting Interest Rates but i want to talk a little bit about the money multiplier aspect in your toolbox we flooded the system with reserves bu