Enemies than what we already have, and we want to bring many of them over to our side. So we have to be careful, i think, how we approach that. And you all know this better than i do but i think we need to learn more about other countries and other peoples and other cultures. My favorite example of that, i was privileged to be a joint chief of staff. And every year admiral lyons and the rest of us would order us to go down and steam around haiti. And every year we would go down and steam around circles in haiti and every year some Phi Beta Kappa on the joint chiefs of staff would announce were going to drop leaflets and every year i would remind them, its a great idea, but they cant read. And then we used speakers and spoke creole. We dont know what were talking about here in a lot of areas. Were not the most brilliant people in the world. If i want to thank the panel. I think youre on the right track. Somehow you failed to mention how were going to how were going to take advantage of
Murphy, poor david. Reporter its eating right through you this morning, theres no doubt about that. Lets start you with the windchill advisory in effect until 11 00 a. M. Its a warning in the poconos. Between now and 11 00 a. M. Cruel have windchills with 15 to 25 below zero. The temperatures at 3 degrees in philadelphia. We are one below in allentown and reading. Weve it set new record lows in trenton, wilmington and dover. The airport in Atlantic City is getting close. Philadelphias record is 1. So far we have not seen that hit on the thermometer but were in that territory later on well see if we slip to beneath that 3degree reading. 17 below is the windchill in philadelphia so far this morning. 20 below in allentown. Did it ditto with reading and lancaster. Keep in mind this is unusual cold it can cause frostbite in a little period of time. 15 to 20 minutes in the Lehigh Valley is how long it will take to have a frostbite problem in the Lehigh Valley and quicker in the poconos. 17 d
Moral price to be paid for americas addiction to cheap stuff. Everything from clothes to food to gas, the cost is paid mainly by the men and women who sell cheap stuff. But struggle to pay their bills. Meanwhile, increasingly cheap technology is creating a shared economy that offers value and convenience to consumers, but it has potentially troubling consequences for limo drivers, hotel owners and others. Today i am going look at how some companies and cities are responding to the high cost of cheap. The then well look at some of the painful side effects of a world thats a wash in cheap oil and finally, ill examine how technology has made talk so cheap and powerful but social media has become a weapon of public shaming that can cost someone their job. But first, not everyone is satisfied with mcdonalds attempt to address of high cost of cheap. This week the burger chain said it will boost the minimum wage for 90,000 workers at stores it owns and operates. Average pay for those workers
The high cost the cheap is my quick way of saying that there is a social economic and moral price to be paid for americas addiction to cheap stuff. Everything from clothes to food to gas the cost is paid mainly by the men and women who sell cheap stuff. But struggle to pay their bills. Meanwhile, increasingly cheap technology is creating a shared economy that offers value and convenience to consumers but it has potentially troubling consequences for limo drivers hotel owners and others. Today i am going look at how some companies and cities are responding to the high cost of cheap. The then well look at some of the painful side effects of a world thats a wash in cheap oil and finally ill examine how technology has made talk so cheap and powerful but social media has become a weapon of public shaming that can cost someone their job. But first not everyone is satisfied with mcdonalds attempt to address of high cost of cheap. This week the burger chain said it will boost the minimum wage
Line, General Mills exceeding expectations. Prime minister netanyahu declaring victory in israels election. Tim cook explains why its okay that you dont flowknow yet why you need his watch as apple gets set to join the dow after the bell today. Investors bracing for the fed statement. See theyll drop the word patient. Janet yellen will hold a News Conference. Well have complete coverage of the fed decision beginning at 2 00 p. M. Eastern here on cnbc. Its being called the end of an era, end of the zerp era and end of an era that promises low rates for a given period of time. The word patience. The reason its important, if she does remove it it gives her flexibility to lay the groundwork for Interest Rate increase as if it werent a high stakes fed meeting, how about the letter from ray dalio, major Macro Hedge Fund strategist, talking about risks here. To be clear, we dont know nor does the fed know how much tightening will knock over the apple cart. What we do hope the fed knows, which