20 Burst results for "$7.25"
WTOP
"$7.25" Discussed on WTOP
"Money news at ten and 40 passed the hour brought to you by penfed credit union great rates for everyone. Here's Jeff clay ball. Mark fed chair Jerome Powell on Capitol Hill today indicates the fed could move interest rate higher than the market's currently expect and keep higher longer Powell says inflation deceleration has slowed, shoppers like the great outdoors aren't letting inflation get in the way of a good time. Dick's Sporting Goods reports a gain in sales that was double what was expected, D.C. condos rarely sell for $7 million to in the wharf just did. The Washington business journal says a penthouse at the waterfront amaris building just sold for $7.25 million cash, a condo one floor below sold for 7.1 million, condos in the brand new building are more than 70% sold. The Wall Street's having a rough day on those comments by the fed chair, the Dow is now down 350 points. The S&P 500 is down 43. But as next down 93, Jeff clay balm, WTO news. Thank you, Jeff. It's 1142, at least one person is dead after a Norfolk Southern train allegedly smashed into a parked dump truck in Ohio. It happened in an industrial section of Cleveland. Here's reporter Vic Gideon. Well, we understand it's about one 19 in the morning. There was a dump truck on one of the tracks, a train struck that dump truck that did kill a Norfolk Southern employee. Now please an EMS did respond to EMS, did not transport. So we can only assume that this was an unfortunate situation that killed that employee instantly was not taken to a hospital. Norfolk Southern has been in the headlines for weeks following last month's toxic train derailment in east Palestine. The rail company is out with a 6 point safety plan that it released yesterday after a second train derailment happened over the weekend in Springfield, Ohio. Parts of Northern California remain under winter storm warnings today. Meantime, residents in Southern California are pleading for help. Many are still stranded after back to back
Bloomberg Radio New York
"$7.25" Discussed on Bloomberg Radio New York
"This is Bloomberg daybreak weekend our global look ahead at the top stories for investors in the coming week I'm Nathan Hager up later in our program we'll look ahead to some key Central Bank meetings in Asia But first with food and fuel prices soaring as a result of the war in Ukraine the Bank of England needs to decide on UK interest rates next week For more let's head to London bring in Bloomberg daybreak Europe banker Caroline Hepburn Nathan the shock of war how hard does the Bank of England go to tame inflation given the risks to UK growth from soaring prices Well for more on this I'm joined by Bloomberg's senior UK reporter on economics Philip Aldrich great to have you in the studio Philip What a markets then pricing in in terms of UK rate hikes So we're getting up to 2% near the start of next year which is quite a big jump If you think the back in December we were at .1% So there's quite a series of rate hikes coming according to traders expectations Okay So how high does inflation get if that's the view Bloomberg economics was pointing to maybe 10% by the end of this year Yeah the how high that is the big question isn't it Where does inflation get to The Bank of England's current forecast is 7.25% is peak inflation in April I think that since the war in Ukraine began and energy prices have spiked again that the 7.25% is looking extraordinarily conservative So we had resolution foundation coming up with 8% If you look at input price inflation so the stuff that companies are paying or businesses and factories are paying for materials that's well into double digit figures 15% plus So The inflation pressures are severe and anything anything that around 8% is the kind of level that you would have not just not expected at any time in UK history really with the exception of a brief period in the early 90s since the 1970s so that's what's drawing these comparisons with half a century ago Yeah absolutely And you've been reporting in fact or some of the kind of factories having to shut down Or slow production in order to sort of deal with that What then again with another massive question what are the risks now of a UK recession Nisa the national institute here which has it's economic model is used widely across the world so it's a respected economic model They actually now anticipate a recession at the back end of this year So that is with energy prices where they are They think that's going to depress demand so much that we have two quarters successive quarters of negative growth only just like .2 negative and .1 negative in the final two quarters of the year The overall picture for the year will still be positive and therefore cost us because the first two quarters of the rebound from omicron and the sort of restart after the pandemic deliver strong growth at the start of the year So the overall picture for the year still looks like we grow but technically two quarters of recession means a recession So there is possible that we may even see a technical recession this year That wouldn't necessarily feel like a recession I think certainly not any more than what the recession life will start to feel like a recession because of the cost of living crisis basically When people are unable to afford what they've been used to used to buying And that's where that's how we'll all be affected I guess whether there's a recession or not in technical terms it may be slightly irrelevant to that Yeah absolutely I was speaking to a conservative MP just earlier today And on prompted he was talking about perhaps 1970s kind of evoking that I do of 1970s Britain I mean I remember my parents talking about the 1970s with such great horror So does Britain in modern times now move into a period of stagflation and that's another popular word at the minute It is the stagflation in the 1970s Because of the high level of inflation the parallels that are easy to draw There are some really fundamental differences though and we went into in the 1970s We went into it If you think about the miners power the power of the miners had the strikes we had the three day working week at the beginning of 1974 which was really independent of the oil shock which then caused what was then the sort of stagnant real stagflationary period Actually stagflation related to the fact that there was very little productivity the investment in the UK was really poor This was partly because of union powers partly because nobody could get on top of inflation at the time So they were very different pressures in the UK back then Now we have nothing like the unionization that we had back then The inflation expectations of when we go into this current energy shock Inflation expectations unlike in 1974 are not already at 20% They've been infected in a 2% for the last decade two decades on average So it's a very different world and we know that the Bank of England has the ability to deal with it We're also coming out of the restart from COVID means that this considerable growth at the moment now obviously there is the potential risk of a slight slump at the end of this year but there is this rebound which is kind of cushioning the deadening effect of the cost of living crisis so it's stagflation means either either very weak growth or negative growth combined with high interest rates high inflation is Doesn't look like it's immediately imminent I think we are going to get good enough growth to not consider that definition to be accurate Okay so not the sort of return I'm taking a punt there because I know that I know stagflation is going to be it's going to be extraordinarily topical everyone's going to be talking about it for a long time but all right so what about then to the knots and bolts going back to the VOA Michael Saunders Catherine Mann obviously going to be quite critical voices because they voted for 50 basis points High class time round So where do you think the kind of individuals on the NPC are going to be Yeah I think so we've got what was it It was sort of 9 now for rate rises and four of them voting for half point rate hikes last time So Michael saw the sense then has actually sounded like he is keen to get rates up quickly He doesn't mean that he wants to do a half point rate hike If you do a quarter point rate hike and that's what was done and you do another quarter point rate height he kind of gets to where he was where he was aiming for just a month just 6 weeks later than he was planning Now so the sort of indication from his speech was that half point rate hike isn't as likely as it may have seemed immediately after that surprise that's the price previous vote We're still going to see progressive rate hikes I think everyone's expecting that And rates to be around 1% so there's two more quarter point hikes Within the next two or three months Okay Phillip thanks so much for being with me That has been big senior UK reporter on economics at Philip Aldrich So looking ahead to the Bank of England decision next week which we will cover for you here on Bloomberg radio I'm Caroline Hepburn in London You can catch us every weekday morning for Bloomberg daybreak Europe beginning at 6 a.m. in London That's 1 a.m. on Wall Street.
Bloomberg Radio New York
"$7.25" Discussed on Bloomberg Radio New York
"Yesterday a little bit of a different story today a bit of a rebound from yesterday's losses Now here in the UK Boris Johnson insisted there are no immediate plans to ask the British public to avoid socializing and work from home as NHS England issued detailed guidance about the major expansion of the COVID booster vaccine program But Johnson may not be on the same page as a senior medical adviser Bloomberg's Charles cable reports The prime minister is now at odds with a senior medic after they said limiting socializing would help to limit the spread of the omicron variant Jenny Harry's the head of the UK health security agency said people should avoid socializing when they don't particularly have to But Johnson's government declined to support the suggestion Johnson said the guidance on socializing and events like Christmas parties remains the same working from home is unnecessary and another lockdown is extremely unlikely The government has already tightened rules on face coverings and international travel in response to the new variant and the government will expand boosted jabs to all adults and cut the time in between that and the second dose In London Charles Gabor Bloomberg day broke Europe UBS has named Sarah youngwood as its new CFO youngwood will join the executive board at the beginning of March and take over from Kirk Gardner as CFO in May Young would join from JPMorgan Chase where she was CFO for its consumer and community banking line of business since 2016 Over to China and China is planning a ban on companies going public on foreign markets following ride hailing app Dee Dee's controversial listing on the New York Stock Exchange Bloomberg sources understand the overhaul could be in place as soon as next month Hong Kong listings would be exempt from the ban but still need approval the move could potentially thwart the chances of a ByteDance listing outside the mainland We were just hearing about the news from Salesforce from our colleague Joe Easton but let's get some details on that In company new Salesforce gave revenue and profit forecast for the current period that fell short of estimates The story from Bloomberg's Charlie pellet San Francisco based Salesforce is the top maker of cloud based customer relations software It projected sales of as much as $7.25 billion in the first quarter ending in April analysts on average estimated 7.35 billion The guidance suggests that some Salesforce customers may be reluctant to pay for new projects as COVID-19 cases flare up and the omicron variant emerges The company separately announced it was promoting Bret Taylor to co chief executive officer with Mark benioff who will also remain board chair Taylor has been president and chief operating officer since 2019 In New York Charlie pellet Bloomberg daybreak Europe Now financial institutions including HSBC and Bridgewater associates are backing a public database to simplify access to corporate sustainability data ESG book created by data firm arabesque aims to present corporate disclosures around the world in a standardized and comparable way Companies can report their emissions and other relevant data directly onto its database at any time and then map those metrics against different legal requirements the online platform will mostly be free to use Let's get details now of global news flow here's Bloomberg's Leanne.
Bloomberg Radio New York
"$7.25" Discussed on Bloomberg Radio New York
"ESG book created by the data firm arabesque aims to present corporate disclosures around the world in a standardized and comparable way Companies can then report their emissions and other relevant data directly onto this database anytime and then map those metrics against different legal requirements the online platform will also mostly be free to use very interesting story that we're going to get more detail on with the president of arabesque Daniel Clarke who joins me in just about 20 minutes time here on Bloomberg radio Also let's talk corporate results this morning Sales force gave revenue and profit forecast for the current period that fell short of estimates that story now for Bloomberg's Charlie pellet San Francisco based Salesforce is the top maker of cloud based customer relations software It projected sales of as much as $7.25 billion in the first quarter ending in April analysts on average estimated 7.35 billion the guidance suggests that some Salesforce customers may be reluctant to pay for new projects as COVID-19 cases flare up and the omicron variant emerges The company separately announced it was promoting Bret Taylor to co chief executive officer with Mark benioff who will also remain board chair Taylor has been president and chief operating officer since 2019 In New York Charlie pellet Bloomberg daybreak Europe And just finally some personnel news UBS has named Sarah youngward as its new CFO young wood will join the executive board at the beginning of March and take over from Kurt Gardner as CFO in May young would join some JPMorgan Chase where she was CFO for its consumer and community banking line of business going back to 2016 Right those were a few of our top stories Let's get over to Bloomberg's Leanne.
WBUR
"$7.25" Discussed on WBUR
"Efforts to rein in covid 19 with the vaccination mandate or testing requirement for companies with more than 100 employees is not only a health imperative. It's vital to help jump start our faltering economic recovery. Let's check in with Ali Velshi, MSNBC anchor and economics correspondent for more Welcome. Thanks, Tanya. Good to be back with you. Yeah, Ali. Let's look at where the economy stands Right now. There are some very positive signs a few months back, but that is somewhat shifted. What is the recovery compared to where economists and officials had hoped we would be right now? So the interesting part is we're actually better off than most people thought we would be a year or a year and a half ago, right? We thought would be 2022 before we saw sort of a full recovery. We've already seen wages going up, which is typical of a tight employment market. People are finding it hard to businesses are finding it hard to find employees. We've we've also seen, you know, unemployment go down to 5% That was in the threes before the pandemic, But we really thought we'd be well into 2022. The problem is the trajectory. The slope has changed. It was things were getting. We're opening fast. People were spending money. Things were getting back to normal. And the Delta variant has completely changed that around. It's threatened two things. One is people and their spending and being out there. The other thing is, it's made it very unclear what parents should do about their kids because there's this back to school thing where a lot of schools want to reopen, But some schools don't have mask mandates. Some states won't allow them to do so. Parents are concerned and kids under 12 can't get vaccinated. So all of this is affecting consumer psyche. Right now the economy is generally speaking, was moving in the right direction. And could be again but the delta variant is slowing it down. It's been it's been a substantial hiccup. How much does this slow down in recovery differ between places with high and low vaccination rates. Well, it's it's interesting because places with low vaccination rates are seeing much more covid and as a result are feeling harder hit, but they're also the places where there are no lockdowns, and there are generally speaking no restrictions. So, um, you know where you see people pulling back is in dining and entertainment and things like that, But in some of those places They're not pulling back because they have never pulled back or they're not imposing restrictions. So it's it's kind of unusual. The map of where Covid is exploding right now. Is not necessarily the map of where things are slowing down because it is the states that had lockdowns and mandates early that are, in some cases, doing it again. Places like New York and California. And yet the explosions in Covid are in a lot of other states in most cases in the South. There are still large barriers preventing people, though, from coming back to the workforce. Childcare stagnant wages. How much of this slowdown do you attribute to the delta variant? Um, I think it's I think the issue of child care in school is a very, very big one, because there are people who are thinking about going back to work after the year that they've had, and they're unsure about what the school situation is going to be, because there's so much debate about it. So you may know what your school district is doing. But there's so much debate at the state level and the national level about how to deal with kids and masks and things like that. Then I think some parents are holding off as much as they can before returning to work. Now, remember, there are a lot of Americans who've been working from home and they're still in the game. This is about people who have been unemployed, um or chose to leave their jobs. Are there more hesitant than you would expect to get back into the job market Right now, We are seeing wages increase as a result, which is interesting because there's been such a long battle about increasing the minimum wage at the federal level with the minimum wage at the federal level is still $7.25. But no employer can find someone to work for that kind of money these days. Mm hmm. I want to go back to something you said about places where we see hyon vaccination rates and Um, and spending in those areas. There's a drop in spending, though, in areas with high vaccination. How do you think Biden's plan addresses the issues consumers have in those areas? Is it hesitancy to go out and spend or or tightening of the belt? You know, so you'll see. It's the hesitancy tends to be in dining and entertainment. In heavily vaccinated parts of the country. A lot of virus weary Americans, including those who have been vaccinated, who are worried about getting Corona virus that is spread by by large, unvaccinated population, even in places like New York. They've pulled back on some of their economic activity, even though infection rates among vaccinated people in highly vaccinated states. Is very low your likelihood of getting vaccinated, getting ill and suffering a substantial illness. If you've been vaccinated is low, but play places like New York, For instance, or Massachusetts. People are pulling back a little bit, unless vaccinated states like Texas, for instance, that have experienced a large Wave of Delta infections. Um, the rising hospitalization and death rates are not really driving economic activity as much as they did in previous waves. So it's it's definitely an instance of Um, what's actually happening is not the thing that's driving behavior. It's what people think is happening. So if you live in a place where you just don't believe that this covid thing is a threat, you're maintaining your economic activity. So much to talk about Ali Velshi Ali Velshi, MSNBC.
WNYC 93.9 FM
"$7.25" Discussed on WNYC 93.9 FM
"Been a lot of focus in recent years and efforts to raise the minimum wage to $15 an hour. But those conversations are almost always centered on raising the standard federal minimum wage, which is currently $7.25 an hour unless, say. You work in a restaurant making tips. In this case, you can be paid as little as $2.13 an hour plus tips. This is what is referred to as the tipped minimum wage, and it's been stuck at $2.13 an hour for nearly 30 years. Today. There are advocates who'd like to see a $15 minimum wage across the board, including four tipped workers by 2027. But there are also organizations like the National Restaurant Association think raising the wage for tipped workers could reduce jobs and her businesses that are still struggling to make ends meet as a result of the pandemic. Here's what restaurant workers told us about their experiences with tipped minimum wage. This is Barbara calling from Denton, Texas. So I worked as a server and a bartender in a semi fancy destination restaurant in Tyler area, and I have never worked so hard for so little money in my life. People either didn't tip or they would just leave like a few dollar bills behind. Just one night a gentleman bought over $80 of alcohol just for himself. And at the end of the night when he checked out, he left me $31 bills. It was my first time waiting tables and tending bar, but I was really good at it and quite friendly, so I thought, surely things would get better. But after three months I realized I was still averaging only about $5 an hour, So I quit. I now deliver for Domino's and I do. Let's just say I do well enough to do it as a third job While I'm getting through grad school High AM Cindy calling from Portsmouth, New Hampshire, and I feel like the tipped minimum wage is a no brainer. Our service industry workers was really hard been a really tough year for our fellow service industry workers and they deserve to be tipped for the work that they do, and they deserve to be paid. More kind of 7 25 minimum wage. So yeah, if the service workers reporting from my colleagues at Planet Money also found that the National Restaurant Association has spent more than $50 million on federal lobbying since the nineties, in part to fight the minimum wage increase, and with me now to break this all down is my colleague Mary Childs, Fellow co host and reporter for NPR's Planet Money. Hey, Mary. Hi, Sarah. Okay, so technically, even though $2.13.
WCBM 680 AM
"$7.25" Discussed on WCBM 680 AM
"On the morning drive with Casey and Elliot is this stuff in pain around the country? What's going on? People are talking about what happened so far, and the border talk radio 6 80 wcbm. A 35 right down Donna Washington D. C that Democrats continue to push for something Joe Biden said was absolutely essential and Now there's a bit of a question. That's where that he actually wants it in law. Maybe it was just a campaign ploy. Mo Khan, who is the guy we had on the other day, saying that it's perfectly okay to lose some businesses if they don't pay their employees what Mo Khanna wants them to pay. He says. You know what? It's time for at least $15 an hour for everybody. So for the big companies, Amazon target they can pay $15, and they've done it nationally. And there's no reason that someone in my district to be getting 15 bucks from Amazon or walmart and someone in rural America shouldn't be getting $15. Yeah, It's just logic. It's not what the market demands. It's just what more Khanna wants, but he is saying it's on his side. He quoted the following economic statistics to buttress his argument. The minimum wage is $7.25. I don't know anyone in this country in any region who can live on $7.25. We ought to raise it and $15 seems reasonable to me. It seems reasonable to him. Which is almost science. It's like sci fi. And of course, that is not universally thought of as a great idea. On the other side of the aisle, Congressman Gooden says, Yeah, nice try, but I think it's a nice gesture. But at.
KQED Radio
"$7.25" Discussed on KQED Radio
"Author of The Happiness Project has created Gretchen Rubin media to build programs and tools designed to change habits for a happier, healthier and more productive life. More info it Gretchen Rubin calm and remember the challenge Grant rules. If we don't make the challenge before this hour is over, we have to offer to return the money. This is a big 1 $3000 dollar for dollar challenged. I don't even know if we made the last one s o. We've got our work cut out for us, and we have just 40 minutes now to meet this $3000 dollar for dollar challenge. The number is 1 809 378850 or have your donation doubled by making a pledge on our website. Web addresses kqed dot org's slash donate. We have just three days left to meet our goal. We started out it about one at $1.5 million that we needed to raise. And now we're probably just under a million dollars to go and we're going to stop on Monday so that we can make way for the Full time live coverage of the impeachment. Second impeachment trial of Donald Trump's So if you can get in on this right now and give us a call at 1 809 378850, or go to kqed dot org's slash donate. Also, you can text the word give to 1 800. 9378850 and we will send you a link to our Web page. And then you can go ahead and fill out. However, you want to feel that as much contribution as you'd like to give to the station. You know, Michelle in that last segment of all things considered That to me that piece on the federal wage the federal minimum wage that had all those presidents talking and you just had all the beautiful archival tape in there. It really picking up the picture of like Wow, We're still suck stuck at $7.25. It's just, you know, it's sweeping, and it's kind of you know, anybody very, very interesting piece very well done something that The public radio really does beautifully. And if you appreciate that kind of context to an issue of the day such as the federal minimum wage do give us a call and let us know that you appreciate that. The number again is 1 809 378850. That's 1 800. Yes, 88 50 and NPR doesn't just give us all things considered in morning edition every day we have to pay for those programs. And because we're one of the country's highest rated public radio stations, we pay some of the highest fees for programs from NPR and a P M NPR X. The total for this fiscal year is more than $3.4 million. It cost us more than 2.7 million just for the NPR flagship programs like Morning Edition. All things considered. And fresh air. So if you appreciate the coverage from NPR every day, help us to keep it on the radio for you Help us Tomko our bills by making a donation. Our goal for this drive is just $1.5 million, and you can help us to end the fund raiser sooner rather than later by making a donation right now. You help us meet this $3000 dollar for dollar challenge Thanks to a partnership between Gretchen Rubin Media and other generous donors to KQED. The telephone number again is 1 809 378850. Please give us a call this afternoon again. We're going to end on Monday evening. And so we have so little time to make quite a steep amount of money and we're getting there called called I call and click by click. So if you can Get to the phone and participate this afternoon. We would really love to hear from you 1 809 378850 or go to kqed dot org's slash donate. We have a range of really nice. Thank you. Gifts there if you'd like to, uh Just get a little something in the mail from.
KCRW
"$7.25" Discussed on KCRW
"Now, quickly to the freeways on the eastbound 60 in Chino. We have reports of a stall there in the middle lane that is causing some significant backup. Looks like you're starting to tap the brakes behind that one around the 57. So be prepared with some patients. Studio six. It KCRW from NPR news. This is all things considered. I'm Mary Louise Kelly and I'm Audie Cornish. The federal minimum wage has been set at $7.25 for more than a decade. And while the cost of living has gone up, that number has not All labor has dignity. Whether you work at McDonald's janitor or you work at the White House any all labor has dignity and should be treated with such and even when we look back at history. Many folks don't know. Dr. King was standing with sanitation workers. Terrence Wise works at McDonald's in Kansas City, Missouri. As department manager. He earns $14 an hour He says it's still not enough to get by. I know so many folks coming to my job and they see me smile at McDonald's, and I'm happy, but they don't know that I haven't seen a doctor in 18 years. I don't have dental insurance. I've never had a paid vacation or anything of that nature. Raising the wage to $15 an hour is part of President Biden's covert relief package. Senate Democrats took the first step last night to pass that bill. They did it along party lines. And while it's unclear whether the minimum wage provisioned will survive passage, several moderate Democrats are reluctant to raise the federal minimum wage that high Workers like Terrence Wise are crossing their fingers. He's 41 has worked in fast food for almost 20 years. He's also a leader in the fight for 15 movement. I live right in the Midwest Kansas City When you put in a living wage calculator here from my city, my zip code. Ah, single family, you know, two parents. One child living wage here in Kansas City is $23 an hour wise isn't even close to that number. And for many months, he hasn't been close to covering his bills. Not for the first time. Wise was recently served an eviction notice when the sheriff knocked on the door for a victim to a vic. My family it wasn't me. It was my kids that answered the door. Why says he worries about money but also the mental toll that poverty has taken on his family. Hannah Awad also knows what it's like not to make enough. She graduated from Oregon State University in 2016, and she took two jobs after graduating one at Whole Foods. The other at sporting goods retailer, Ari I. I would like open whole foods and then I would close aria. So in the same day I was working literally from six AM until like 10 PM at both jobs she made under $12 an hour and even working overtime. It wasn't enough to cover her monthly expenses. You can't afford to buy in bulk. If you're a dollar short on your credit card payment, they don't care. You still get charged a fee for being late. So it's like more expensive to be poor. And like many recent graduates, she's dealing with that pressure to pay off her student debt. I had a student loan. I'm still paying it off. I really just couldn't afford my student loan payments every month. Now. As a graduate student living in Rhode Island, she receives a stipend of $160 a week. She also works as a part time substitute teacher. I'm subbing for teacher who currently has coded Um There's no like air ventilation like filters in my classroom after remind teachers every day to put their mask over there knows each day of substitute teaching brings a wad a day rate of $100 that's under $15 an hour. People like Kenta Wad and Terrence Wise, we to see what Congress does. Now we wanted to look back because for most of American history, there was no federal minimum wage at all. That's according to a Laura Dhiren in court. She's an economist at the University of California, Berkeley. Calls for a federal wage floor grew during the Great Depression when Franklin Roosevelt was reshaping the economy with his new deal, and that's where we're going to start this history of the minimum wage at one of FDR's fireside chats back in 1938. Consequently, I am again expressing my hope. That the Congress will enacted this session, a wage and hour bill. Putting a floor under industrial wages and a limit on working hours. The motivation for a lot of the legislation during the new deal was to address massive unemployment. And economic hardship to ensure a better distribution of our prosperity. A better distribution of available would And a sound that distribution buying power. So when the minimum wage was first introduced as part of the Fair Labor Standards Act in 1938, there was actually a protracted struggle between President Roosevelt and Southern congressmen who were staunchly opposed to the law. What is the argument from Southern Democrats? How explicit are they when it comes to race and Concessions are made to bring them on board Southern politicians who really raised the specter of having to pay ah minimum wage to black domestic workers in private households. And they were very much opposed to this and argued that the southern context was different. It was a lower wage region and a minimum wage would destroy southern industry. So ultimately, the law that came about was the result of a compromise between these forces. So the Depression era ends with a compromise on the minimum wage, in large part to appease Southern Democrats and also to withstand court challenges over what industries the federal government had the power to regulate under the Constitution. Key industries that were actually left out of coverage by the 1938 law were agriculture. Retail and services and the latter are some of the economical minimum wage industries of today, but calls for expanding that minimum wage didn't go away By the sixties. Those calls were taken up by the civil rights movement, and we're a big theme of the march on Washington in 1963. Dhiren in court says that aspect of the march is often for gotten. You know. It was called the march on Washington for jobs and freedom. Yes, we want all public accommodations open. Two all citizens, But those accommodations will mean little to those who cannot afford to use them and a big focus of the key organizers of that march A Philip Randolph and they're dressed in Was actually the economic rights of black Americans, which they also viewed as lagging behind. That.
KTRH
"$7.25" Discussed on KTRH
"I think of, I think of Ah Hamburger commercial from the 19 nineties. Very, very, very dicey, very, very attractive Female on board a mechanical horse. Eating I hamburger and a very provocative way. Tell me. Have you checked it out yet? Oh, would you agree? Thumbs up, Thumbs up. Yep. Watching on YouTube if you haven't seen it well, At the time that Hardee's was doing this course you can't do it now. Because that would be objectifying women. No, wait a minute for me was about Objectifying the hamburger. You. That hamburger look good. But I'll tell you what. Andy Puzder was the CEO of parties at the time on Fox yesterday, reminding us that this whole $15 an hour minimum wage thing. It's not a good idea. You can't raise the minimum wage. For these small businesses coming out of a recession. Small businesses are dropping like flies. They're closing every day and the jobs go with him and the people that work at those restaurants there. Minimum wage become zero. You can't shut it down. When you're coming out of a recession. You can't increase labor costs. Bernie Sanders knows perfectly well that nobody's out there making $7.25 an hour. You can't hire an employee for less than 11 or $12 an hour right now, despite what the what the federal minimum wages. This is political, not Jerry mentioned. At Congressional Budget Office reports saying that they lose 1.3 million jobs. That was the median number they said You could lose up to 3.7 million jobs, and a report came out on Monday of this week, looking at the research on the minimum wage by the National Bureau of Economic Research again, a nonpartisan group, and they said it kills low way judge So you're gonna kill small businesses. You're going to kill low wage jobs. You're gonna hurt American workers. Sanders knows it. This is political. I don't even think they actually want to pass it. I think they prefer If Republicans prevented it. We'll see. We'll see. In the meantime, I'm hungry. 6 51 this time for traffic.
KZSC 88.1 FM Santa Cruz
"$7.25" Discussed on KZSC 88.1 FM Santa Cruz
"From California based F F F enterprises. Police in the Netherlands arrested more than 400. Rioters nationwide this week after a violent backlash to a national nightly curfew designed to reduce social contact during the pandemic came into effect on January 23rd. Simon marks, reports. The doctor, Prime Minister Mark Ruta introduced an overnight curfew on Saturday to slow the pandemics thread, but that led to a paradox. Ism of fury in towns and cities across the country. Police at one point had to use water cannon to subdue protesters armed with rocks has more than 5000 people were arrested on charges of disregarding the curfew. Robin Pascoe is the editor of Dutch news dot NL. The first two nights were I think you could say connected to the cove. It restrictions we've had mayors from various cities appealing to parents. Keep your Children at home. Keep your sons at home. Do you know where they are? In fact, Rotterdam's and there are made of a Talib, who's known as Quentin Out Spoken character made a rather low key appeal and just said, Do you feel good? Now that you've caused havoc in your city? What did it feel like waking up this morning with a butt with a bag full of stolen property next to your bed. People are a short, very surprised. The prime minister said the situation is unacceptable. He called it criminal violence. The authorities believe that much of it is not directly related to covert 19 but vandalism and the release of a social pressure cooker. It is built up over months of tension and lockdowns. Simon marks reporting As the pandemic reinforces the value of care givers. Groups in the state of Virginia are urging state lawmakers to pass the trio of bills. They're calling the domestic workers Bill of Rights. I am Bernard has that story. They'd help more than 60,000, nannies, cleaners and home care workers, gate worker protections. Ingrid vodka and undocumented housekeeper from the Livia says This kind of support is especially important during the pandemic as she and her colleagues have lost clients over concerns about spreading the virus. And last fall, she and her two Children contracted covert 19. Baca says she and others desperately needs support like paid time off and unemployment insurance. Because we don't have any protection. And also you know if we have to eat, we have to pay that rain. We pay our touches. But what happened with the government with the state? They don't give to us maybe a little bit because we give a lot for many people. Senate Bill 1310 proposed by several Jennifer McClellan without domestic workers to all Virginia's existing worker protection laws. Companion bills also seek to include them in workplace discrimination protections. And the state's worker's compensation Act. Last year, Virginia lawmakers passed a historic bill securing the first wage protections for domestic workers in the South. Alexis Rogers with the nonprofit Karen Action says it was an important first step, but more needs to be done. She points out that only now is the state attempting to undo discriminatory laws from the Jim Crow era that left out protections for jobs, mostly performed by black and brown. Workers, like housekeepers did take some accent. On removing Jim Crow exemptions related to Newsboys and shoe shiners. But domestic workers are also very important part of our economy. We have to make sure that these workers are also detected. Research shows more than 90% of Spanish speaking domestic workers lost jobs because of the pandemic. The majority didn't apply for unemployment insurance because they didn't believe they qualified for Virginia News connection. I'm Diane Bernard. Democratic lawmakers in the Senate and the House of Representatives have introduced legislation this week that would raise the nation's minimum wage to $15 an hour. The federal minimum wage is currently $7.25 an hour, which the lawmakers say is too low for too many people. Keep your face Daniel Witty reports. Raised the Wages Act would increase wages for more than 32 million workers. More than half of them are a sensual supporters of the bill say it would also address racial disparities by raising the wages for one third of black workers. And about a quarter of Latinos, and it would help women workers, since many women are more likely to be paid poverty wages than men. Red states, like Missouri, Arkansas and Florida have passed minimum wage increases supported by voters and wide margins. Independent Vermont Senator Bernie Sanders is sponsoring the raise the Wage Act. In the Senate. He says. People shouldn't have to live in poverty in the richest country on Earth. And the minimum wage should be a living wage that allows people to live with dignity. There ain't nobody in America. Not in the north, the South east of the west, who can survive on $7.25 an hour federal minimum age. You can't make it a nine bucks. You can't make it on $12 an hour. And our job as the United States government is to make it clear that in the richest country in the history of the world, if you work 40 hours a week, you should not be living in poverty. Congress hasn't passed a minimum wage increase since 2007 when it boosted the minimum wage to $7.25 an hour. Sanders says that if the raise the wage act becomes law, the average American would receive an extra $3300 per year. Since 1998 states have passed minimum wage increases whenever they have come up on the ballot. Friend Mary and is a 40 year old worker at McDonald's in Kansas City. I want everyone to understand the impact the razor rage at what happened millions of workers like myself. Simply put a $15 an hour will be life changing. I'm a single mother. Two teenagers Raven and Rashaad and $15 an hour help us keep a permanent roof over our heads. Food on our table, healthcare and money to send them to college. And most of all, and I mean, I can look my kids in the eye and tell them that I can give them a life better than my Marion says that eight states plus Washington, D. C have passed $15 minimum wage requirements, she says too many black and brown workers like her Have been left behind in the midst of the pandemic. And their communities have been devastated. To raise the wage act comes as the United States is facing major economic crises with unemployment at 12%. Senator Patty Murray says that essential workers have kept the U. S going during this pandemic. They include bus drivers, grocery clerks, fast food workers at cetera. She says that these essential workers are putting themselves at risk of covert 19 in order to keep the country going. And that they're a large portion of the economy. Murray says. This bill will end the tipped sub minimum wage. This is especially important given that most tip workers are women, and given that women of color make up a disproportionate amount of tipped workers. This only further exacerbates racial inequities in our economy. These workers are facing increased levels of harassment and exposure to the coroner virus during this pandemic, but still making wages as low as $2.13 $2.13 an hour plus tips. Supporters of the bill say that the pandemic has increased the importance of passing such a bill. And they hope it will be passed soon for K P F a news..
WTVN
"$7.25" Discussed on WTVN
"Chills and teens and single digits Sunshine 32 Friday whether powered by the basement doctor 33, your severe weather station, NewsRadio 16 w. T V and into the news booth for the big story here, Donaldson y it's Belkis filing for bankruptcy. The company is planning to keep their stores and operation through the process. They have nearly 300 locations and employ over 20,000 people corralled 16 States, Pepsi and beyond meter, teaming up to create some plant based drinks and And snacks. Joining forces means beyond can benefit from Pepsi's marketing expertise. Pizza Hut is delivering a new kind of pie for a limited time for varieties of this destroy to style pizza and put on menus around the nation. Starting this week, they new item start around $11 apiece. House and Senate Democrats today you're introducing some new legislation in Washington that aims to raise the federal minimum wage. From $7.25 an hour up to $15 an hour roughly over 1% of the nation's workforce, earns minimum wage and if approved, this would be the first hike in starting pay since 2009. And the Federal Reserve today is holding interest rates steady, keeping the short term lending rate at near zero Your ABC six first warning weather cloudy skies Tonight we could see some snow, mostly in southern Ohio cold with a low dropping down to 19 I'm Alison y. Inter. Next update Coming up at five o'clock. The marked laser show is back next local. The latest views refreshed at the top and bottom of the hour said once campaign to get information of people.
KOMO
"$7.25" Discussed on KOMO
"These workers Were called Our heroes deserve more than $7.25 an hour. The 7 25 federal minimum has been in place since 2009 Democratic representative paramilitary giant Paul notes What happened when her district Seattle enacted a $15 minimum. Our economy grew at three times the rate of the median US city critics of the way trying to say it would actually hurt low income workers by eliminating jobs they might qualify for. Corwin Hague Co. Moh news We've reached out to Washington. Three Republican members of Congress representatives Cathy McMorris, Rodgers, Jamie Herrera, Butler and Dan Newhouse for their reaction to the possible $15 an hour federal minimum wage. None of them have responded yet, but all three voted against nearly identical measure in 2019. One future Sound Region County has seen a sharp drop in its new coronavirus case rate. But come on, Ryan Harris says health officials are worried the UK variant will send it in the other direction. Snohomish County's two week new case rate has dropped from 376 to 253 per 100,000 people with hospitalizations and deaths still high but also down significantly. How do you help Officer Dr Chris Spitter says the two people confirmed with the UK variant have recovered and only had mild or no symptoms. But there was no travel involved with these cases either the ill persons traveling themselves or being exposed to people who had recently travel so we know they acquired the infection. Insta Ho, Miss Cameron Spinner says The current estimate is that 0.2% of covert cases in Washington are the UK strain, so he's concerned that since it's slightly more transmissible It could drive numbers and ultimately, hospitalizations and deaths back up. So, he says, we have to keep up the same protective measures in Snohomish County. Ryan Harris Co Moh news coming up efficient, streamlined vaccinations with no waste. I'm Brian Calvert, with Washington County, setting the bar for the rest of the country first, though one.
WJR 760
"$7.25" Discussed on WJR 760
"Detroit comes to talk. Madonna says their covert 19 vaccine works against that newly emerging strain off the virus, and there are several of them boxes. Evan Brown REPORT Moderna, makers of one of the two Corona virus vaccines developed under the Trump Administration's operation Warp. Speed, says it's studies now show their product is fully effective against two new strains of the novel Coronavirus. That have become more prevalent. These strains are now found worldwide, but were first identified in both the UK and South Africa. Moderna says the vaccine had the same effectiveness against one of the strains. And while it was slightly less effective against the other, it was still above the threshold for working to protect patients. Evan Brown Fox News Almost 300 additional Michigan National Guard members have been deployed to help in the vaccination and testing efforts for covert 19 governor. Wittmer says she's frustrated that she's not getting more vaccine for the state of Michigan, but says that the use of National Guard shows is that the state has the capacity to expand its vaccination program. She wants to be able to administer 50,000 doses of day. In order to hit her goal of inoculating 70% of the state's age 16 and older by August. The state is currently vaccinating about 29,000 people every day. President Biden continues to push for an increase in the federal minimum wage in the U. Ex president and his team are pushing for the federal minimum wage increase from $7.25 all the way up to at least 15 bucks an hour. No to America should work 40 hours a week. Making.
Bloomberg Radio New York
"$7.25" Discussed on Bloomberg Radio New York
"Is Bloomberg Wall Street Week with David Westin from Bloomberg Radio. President Biden wants to raise the federal minimum wage to $15 an hour a measure he included in his day one priority of passing a stimulus bill to support the economy people. Both parties now recognize it's time to raise the minimum wage. So hard working people aren't at least $15 an hour minimum. Moved to $15 an hour would be more than double the current minimum wage of $7.25, which hasn't been changed since 2009. If passed, it would provide a pay hike to nearly 400,000 Americans who are earning minimum wage Here's ever Corps co chairman and co CEO Ralph Last time I mean, a $15. Minimum wage basically gets you to the poverty line for a family of four. Until now, it's been the state's leading the charge in raising minimum wages, with 29 States and the District of Columbia already taking action here's former Massachusetts governor Deval Patrick, All of the evidence historically is that the economy grows after the minimum wage has been raised. It is not the burden that it is that It has been sort of told. Critics say that raising the minimum wage could come at the cost of millions of jobs like South Carolina Senator Tim Scott. But one thing that even the Congressional Budget Office recognizes its that by increasing the minimum wage to $15 an hour it could shatter. Somewhere around 3.7 million jobs on the high end minimum of 1.3 million jobs in our economy. One of those critics is Wal Mart CEO Doug McMillon. At a business roundtable event this week. The CEO agreed that $7.25 an hour is too low but called for a higher wage that takes into account geographic differences. And small businesses. Well, flash Stein again. Well, I think that the CEO of Wal Mart is making a sensible statement that one size fits all Isn't perfect. Some CEOs like some states are not waiting for the federal government to raise wages for workers, no matter what happens in the government level and federal level or the state level we have companies and I see the science and and I see companies are coming forward. We have to do what's right, which is bringing the minimum this new mission, these $15 to stop it. That was true. Bonnie CEO Hamdi, who Luca regional differences in the cost of living, and the timing of a potential hike in the minimum wage raises concerns with some economists. Here's Doug Holtz Eakin, the president of American Action Forum. I don't think it belongs in here. It's it's not stimulus is not relief. It gets in the way of recovery in the labor market on so I expect that to drop out our roundtable reaction to a rise in the room wage. Welcome now Wall Street. We contributors Larry Summers, who served as Treasury secretary under President Clinton, and then as director of the National Economic Council under President Obama. And Glenn Hubbard, who chaired the Council of Economic Advisers under President George W. Bush. Welcome to both you Lehman's So let's start with you what would be the effects on the economy? Overall of a rise to $15 an hour for the minimum wage? I reach Miss CBL from the question Whether Officer on the one hand you'd lose 1.3 million jobs. On the other hand, you take a lot of people out of poverty. You would take a lot of people out of poverty. I think I'm bounce. It's probably positive. I worry less about job destruction. And I worry that employers will stop paying benefits when they have to pay higher wages. Worried that employers will shift away from the most vulnerable and in experienced workers towards workers with more experience and more education. And so I think I probably prefer to see a more gradual approach and um, or differentiated approach to a meter minimum wage increase. But if we're gonna have a major, we're gonna have a minimum with the questions whether to do this or to do nothing. I would on balance favorite doing this. So glad Is there a third alternative to address perhaps some of what Larry is concerned about? I've heard it suggested that the problem with him in wages is essentially access attacks on the employer. Ah, better way would be to get money into the hands of people who need it. Through increasing the earned income tax credit because that's a tax on all of us is shared equally. It doesn't penalize you for employing people. I think that's right. I think President Biden got it right when he said people who work 40 hours a week should not be poor. That's a moral statement. It's an economic statement. But it's not a common on the minimum wage per se. I would think that the Yo TC and increase, particularly for child was workers. We have not received much work support from 90 Sea, and President Biden has talked about that and also big government support for training for community colleges. These are the kinds of things that could help raise the wages of low wage workers. So a gradual increase in the minimum wage may on balance. Be fine if it's gradual and not not all the way so fast. I think of building bridges to the future for workers is a much better idea. That's.
Bloomberg Radio New York
"$7.25" Discussed on Bloomberg Radio New York
"This is Bloomberg Wall Street Week with David Westin from Bloomberg Radio. President Biden wants to raise the federal minimum wage to $15 an hour a measure he included in his day one priority of passing a stimulus bill to support the economy people. Both parties now recognize it's time to raise the minimum wage. So hard working people aren't at least $15 an hour minimum. Moved to $15 an hour would be more than double the current minimum wage of $7.25, which hasn't been changed since 2009. If passed, it would provide a pay hike to nearly 400,000 Americans who are earning minimum wage Here's ever Corps co chairman and co CEO Ralph Last time I made a $15. Minimum wage basically gets you to the poverty line for a family of four. Until now, it's been the state's leading the charge in raising minimum wages, with 29 States and the District of Columbia already taking action here's former Massachusetts governor Deval Patrick, All of the evidence historically is that the economy grows after the minimum wage has been raised. It is not the burden That it is at that it has been sort of told. Critics say that raising the minimum wage could come at the cost of millions of jobs like South Carolina Senator Tim Scott. But one thing that even the Congressional Budget Office recognizes its that by increasing the minimum wage, too. $15 an hour it could shut her somewhere 3.7 million jobs on the high end minimum of 1.3 million jobs in our economy. One of those critics is Wal Mart CEO Doug McMillon. At a business roundtable event this week. The CEO agreed that $7.25 an hour is too low but called for a higher wage that takes into account. Geographic differences and small businesses. Well, flash Stein again. Well, I think that the CEO of Wal Mart is making a sensible statement that one size fits all Isn't perfect. Some CEOs like some states are not waiting for the federal government to raise wages for workers. No matter what happens on the government level and federal level or the state level we have companies and I see the science and and I see companies are coming forward. We have to do what's right, which is bringing the minimum this image these $15 to stop. That was true. Bonnie CEO Hom de Luca regional differences in the cost of living and the timing of a potential hike in the minimum wage raises concerns with some economists. Here's Doug Holtz Eakin, the president of American Action Forum. I don't think it belongs in here. It's it's not stimulus is not relief. It gets in the way of recovery in the labor market on so I expect that to drop out around table reaction to a rise in the room wage. Welcome now Wall Street. We contributors Larry Summers, who served as Treasury secretary under President Clinton, and then as director of the National Economic Council under President Obama. And Glenn Hubbard, who chaired the Council of Economic Advisers under President George W. Bush. Welcome to both you Lehman's So let's start with you what would be the effects on the economy? Overall of a rise to $15 an hour for the minimum wage? I reach Ms CEO from the question whether Officer on the one hand you'd lose 1.3 million jobs. On the other hand, you take a lot of people out of poverty. You would take a lot of people out of poverty. I think I'm balance. It's probably positive. I worry less about job destruction. And I'm worried that employers will stop paying benefits when they have to pay higher wages. Worried that employers will shift away from the most vulnerable and in experienced workers towards workers with more experience and more education. And so I think I'd probably prefer to see a more gradual approach and more differentiated approach to a meter minimum wage increase. But if we're gonna add a major, we're gonna have a minimum with the questions whether to do this or to do nothing. I would on balance favorite doing this. So glad you're a third alternative to address perhaps some of what Larry is concerned about. I've heard it suggested that the problem with the minimum wage is essentially access attacks on the employer. Ah, better way would be to get money into the hands of people who need it. Through increasing the earned income tax credit because that's a tax on all of us is shared equally. It doesn't penalize you for employing people. I think that's right. I think President Biden got it right when he said people who work 40 hours a week should not be poor. That's a moral statement. It's an economic statement. But it's not a common on the minimum wage per se. I would think that the Dotc increase, particularly for child was workers. We have not received much work support from the I T. C and President Biden has talked about that and also big government support for training for community colleges. These are the kinds of things that could help raise the wages of low wage workers. So a gradual increase in the minimum wage may on balance. Be fine if it's gradual and not not all the way so fast. I think of building bridges to the future for.
WTMJ 620
"$7.25" Discussed on WTMJ 620
"Good afternoon, Wisconsin. Welcome to the show so very glad to have you with us. A lot of stuff on today's program. We've got some serious stuff some policy matters to talk about. And then as we get closer to three o'clock what kind of lighting it up Some interesting takes a swell. Yes, we start off the program. I kind of sort of a sad note of Joanne Rogers, who was the wife of Fred Rogers of Mister Rogersneighborhood. He passed away in 2003. I believe Due to some stomach cancer. She was a loving wife who actually really kept his memory alive. Not that you need that much help in keeping Mr Rogers memory alive, But she just recently passed away just the other day at the age of 92. She was she did some voices on the program. She played a couple characters and things like that. But mostly again, she just she was. I think, over the course of the last, you know, decade or two. I mean, she was one who was kind of that the gatekeeper for for Fred Rogers, and she was the memory keeper and things like that and provided some of that inspiration. Mr. Rogers has had a bit of a renaissance. Over the course of the last couple years. There's there's the documentary that came out. Won't you be my neighbor and 2018? And then she was the one who actually signed off on allowing Tom Hanks to portray her husband in the movie that came out a beautiful day in the neighborhood back in 2019, and she was one of the consultants on the set to make sure that they got everything right. So Julie Ann Rogers, who was a wonderful woman in her own right, and really instrumental, I think in Hoping car about all the great things that the Mister Rogers program did passes away at the age of 92, Okay? Joe Biden takes over. Next Wednesday, and he's already in the process of rolling out some of his programs. And I love some of this in, never let a good crisis go to waste. So he's announced he wants In economic relief program. Now this is on top of the economic relief program that was already approved by by Congress, and there's a number of elements of it. He's putting the price tag. Almost $2 trillion, and he says it's going to be paid for largely by borrowing. You know, to the extent that the government has to come up with money to do this we are. We're going to borrow the money. We're going to increase the national debt. Right? There's a number of aspects of this program and we're gonna talk about a couple of them. One of them is that he wants to increase the stimulus payments. If you qualify for stimulus payments, you've probably already gotten 600 bucks in your checking account. He wants to give you an extra $1400. And he's already getting heat from the left. AOC, for example, saying, What do you mean? You're gonna get $1400? You promised 2000. And, of course, the 14 hundreds on top of the $600 that people already got equal in 2000. She's saying No, it should be. It should be $2000 on top of the 600. He wants unemployment insurance to be supplemented a next Ra $400 a week and he wants that to be continued. Through the end of September. We'll talk about that in a minute. But one of the things that he wants is part of this Cove in relief package he wants to increase. The federal minimum wage to $15 an hour now, right now that the federal minimum wage has been stuck it like $7.25 an hour. A number of states, including Wisconsin have higher minimum wages. The net and the way the law works is if you do business in a particular state. It's it's whichever is higher if the federal minimum wage is higher than state minimum wage than the federal minimum wage applies and vice versa. In most cases, state minimum wages are higher than that $7.25 an hour would Biden wants to do is jack up the federal minimum wage to $15 an hour? He also wants to get rid off what they call the tipped exception and what that means is for restaurants. For example, restaurants are largely exempt from the minimum wage if the employees are tipped Because in many cases we've talked about this the fact that that employees if you're good, you know you're you're making more than $15 an hour based on on tips. Biden also wants to eliminate the tipped minimum. Eliminate the exception so employees would have to make if you're a server, for example, you you now you'd be guaranteed 15 bucks an hour. How that all plays out with regard to doing away with tips. That's a whole nother story. The estimate is that by increasing the federal minimum wage to $15 an hour Even the bite administration acknowledges that at least 1.3 million people who would otherwise be working. Are going to lose their jobs because employers are going to have to cut back so I mean, they acknowledge it's going to be at least 1.3 million. My guess it's going to be a lot higher than that. Let's see this up 85561616 20 that is the AC unit mortgage. Talk and text line. I think to me it's interesting that on the one hand we are looking at a Nikon Ammi. It has been devastated. By that the pandemic businesses closing right and left, and I'm not talking about just small businesses. I'm talking about medium size businesses. I'm talking about large businesses, businesses closing right and left people, millions and millions of people being thrown out of work because their employers You can't make a go of it. And now we're going to turn around and say OK, all you employers, If you're still in business, we're going to expect you to increase the salaries of people to 15 bucks, A Knauer and as we've talked about before, But let's understand this. There is a trickle up effect..
The Amateur Traveler Podcast
Travel to Bogota, Colombia
"I would like to welcome to show a Lauren Pesky from wonder Lulu Dot com, which has way more use in. Lulu than you would expect, check the show notes for how to spell that. Lauren welcome to the show. Hi. Chris thank you so much for having me. I'm really excited to be chatting with you today and were chatting about Bogota Colombia and Lauren. What is your connection to Bogut all? The Age old question I truthfully never had Columbia on my list was really on my radar but love brought me here. My boyfriend moved here five years ago, and so for the past five years I have been visiting on and off and finally kind of made the move down here this year. And you picked a good year to move internationally. I know talk about crazy timing. I finally five years in Ra do this I'm going to get the visa all of that, and then I got here in February and. March the whole country shutdown. Excellent. So we're GonNa talk about the things that you're going to be able to do win it opens backup starting to do now but why should someone go to Columbia specifically Bogota? While let's start with Columbia as a whole is one of my favorite countries I've ever been to and the reason for that many many reasons but I just love how diverse the country as from region to region. So in one country you have the Amazon rainforest, you have the Andes mountains you have desert you have the Pacific Ocean you have the Caribbean it's really just in terms of bio-diversity. It's pretty incredible how many landscapes you can see in One place and beyond that region to region the cultures are so different that people in the language event. I have a friend in get Mungo, which is another major city here who says when she talks to her family on the coast in Bonn Akhir Carthagena sometimes, she doesn't even know they're using a phrase that she's never heard before i. know that's in a lot of places that it's just it makes it a really really interesting place to visit. And what kind of tenor are going to recommend for us? So today, I'm going to be specifically talking about Bogota. I feel like Bogota is the capital city. I know a lot of people fly through here but often I feel like it's an overlooked major major city most people when they think of Columbia, Colombia's really gaining popularity in recent years. The first thing they think of Karma Hannah are medigene and so now that I live year and I've been visiting for so long feel like so many things are overlooked here. So I really kind of want to dive into that and talk about kind of what makes this place special. And we should say up front that Lauren doesn't claim to be native Spanish speaker. Hearsay medigene and you think it should be many Yien or something else. She's still knows better than I knew it. So what do in Boca? I if you don't mind just talking a little bit of language and so far from ever Oh you must be fluent you're visiting so much. But the reality is I'm not in so I kind of have a perspective on what it's like to be here in traveling around when I know very little. Of course, I've gotten better over time but still learning you can I assume you know the essentials like survey support for? That's the first phrase you learn the clerk. Learned one beer please. Exactly exactly. Go back to your your question about, but was how I always to me. It's an eclectic mix of traditional and modern Colombian culture, and I just love how you can kind of go from playing Tejo and eating a maybe another EPA bay case on the street to dancing salsa, and then the next day you're at a fine dining Peruvian fusion restaurant in high in cocktails at a jazz bar and it's Kinda got it. All excellent as long as you're going to promise to explain to me what you were just talking about with. The two things that you're eating and going to somewhere in the course of the conversation. I will. Definitely. To that. So don't don't even worry. What are we going to see in Bogota? Where are we GONNA START? Okay. So I kind of want to break this down is a massive city. It's eight million people. It's a sprawling city. There's so much to do so much to see. So I, kind of want to break it down by by neighborhood because it's so big I feel like it's less of A. Hit these top ten things? Would you see a lot of those lists just great which is fine. But a lot of those lists stay in only one neighborhood. Probably. Heard of it I'm pretty sure you've talked about it before in Candelaria in. So I kind of want to talk about each little neighborhood and kind of what each place bring. So the first place like I was saying is the most popular I would say it's the most heuristic part of the city which you know sometimes I think you hear its touristic which equals bad to some to some but to me candelaria, it's a beautiful part of the city. It's the Old City it's the cobblestone streets and the colonial Spanish architecture, and so I'm going to start there with kind of like day one, right so the reason I start. There is because there is this place in that area of the city that's in the more southern part of the city, not all the way south almost like mid south is monster at day, which is this big beautiful mountain that overlooks the entire city. It's a really great like first thing to do because you really get the lay of the land and see just how massive the city is. You can get up there three ways you can hike up, you can take the there's like a dealer kind of train that goes up and then there's the cable car and the cable car ride up if you're not afraid of heights. Is Beautiful. When you get to the top I mean like I said, you have this beautiful sprawling view of the city and just kind of a little tip even though I do recommend going early on and during the day the careful because on the weekends it is mental. I've seen lines that are probably three maybe more hours. Okay Yes I really recommend if you can go during the week. That's great and then if you kinda wanted using a little different if you go right before the sun is setting, it's like a beautiful beautiful view bogus some pretty gorgeous city sunset. So that's kind of something to keep in ninety.
This Week in Tech
Florida city that paid $500,000 Bitcoin ransom, fires IT director
"Third florida city it's it's fallen prey so start with baltimore which got ransomware egg encrypted for three weeks i don't know what's the city of baltimore i think they're still hobbling along yeah they're still they're still fighting it they did not pay right they didn't pay the ransom work i know then a riviera beach florida a small town sixty five thousand people decided they got hit they decided to pay six hundred thousand dollars to get their ransomware unlocked a on a sunday lake city florida this is a florida man story lake city florida another small florida city voted it pay half a million dollars in ransom to bitcoin to the ransomware gained get their data back now third florida city a has also fallen they're trying to decide what to do a biscayne bay the problem is it's really tiny city twelve hundred people a and i i don't know what would they decided they had a town the village would if it whatever they call it a village hall meeting last night i don't know what they decided to do is it ever a good idea to pay the ransom i mean i guess it depends on how much you need that information how good you're resources are like in some cases in some of these cities i think the reason the pay the six hundred thousand dollars as bad as it is is that they're honorably creating those things would eight have insurance be the cost of those things is going to be substantial and see they might they clearly don't have the i t staff is skilled enough to do what they need to pay a tense of afraid to stuff or or is it inevitable should every company be saying where next every city in the country be saying where next if it only matters if you don't have a backup right if you have no backup well the enemy morning the back of that it'd be an immutable backup because if you you know you've got a backup running backs up being critical of the good data rain so you have to have backup it isn't gonna get corrupted and they were script and these these warrants a script kitties you know these people down over or putting out there some fairly sophisticated things and just a random ity guy you know they hire is not necessarily himself gotta have a silver herself gonna have the skills to be able to go in there and fix it you you're gonna have to hire go outside in the problem is gonna costs you boards of the five hundred thousand or six hundred thousand dollars to recover from well and you might have a responsibility if you're this if you're the city council and you know that on there is a tax rolls on there is every you know plan for every building that's gonna be build over the next five years and you don't have a way of recovering that except pay the ransom i think i could understand why you'd pay the ransom did you would've that's a huge breach of response irresponsibility reading you damn i know it'll be sure that you don't and it's not gonna happen again i mean one as you say they're out of your system supposedly out of your system you better make sure that they don't come
This Week in Tech
Microsoft's Ebooks Will Disappear Forever before the End of the Month
"That you bought in microsoft's you bookstore will just disappear like magic in it now so microsoft credit they're gonna reimburse you the cost of the book andy if you put notes in it if you wrote stuff if you if you put your own content in there is still it's gonna disappear but they'll give you twenty five dollars which is i think very nice of them they're not required to because guess what you never owned those books and this is i think a really interesting story because it underscores a fact that nobody really wants to think about but it's absolutely true you don't own your books you're digital books you don't own you're digital movies you're you're digital tv shows you may a bottom but because of drm if that company stopped supporting these authentication server or decides not to support him it's bye bye baby amazon bottom three times yeah three different format yeah right at a like i'm done with star wars in multiple leather so a this is actually very famously happened in very ironically happened when amazon removed a version of nineteen eighty four from you're kendall right right that it's not exploited by the publisher of his summit different like a pirate copy said so to speak to remove it but it must have been a sharp people who paid for it and i believe i can't remember how sony's bookstore worked but they had any bookstore early on end when they shut that down i don't remember if they transferred the books or what happened but a now i mean this is this is always concerning as you said and i'm obviously not speaking a on behalf of of microsoft in any way for this up i'm is concerned is anyone else's when it comes to you know 'em when we have i guess look at the big picture of like as you said you don't own you're digital content you were you were you own a license to it but you don't actually own it yourself i think this is why you know the yet that had successfully fought for a i guess a various 'em at terms in in in in some years where you can overcome a drm you know to to own your own copies of things various exceptions to to various copyright law is it legal so look everybody knows there's plenty of ways to remove the copy protection totally an a you know i might or might not have done that to my audio books because same i spent a lot of money on and it would be nice to be able to keep some i mean i'll say it outright definitely suddenly have a belief that illegal to do that they know there have been exceptions that it's harder various things but i mean it's i think it's their private use it will you make backup copies i know that's legal of of what is so why do you say it's not a dry so listen in court cases you've only handbrake i think that a indicated that you know you can make that do it for personal use only and that's the extent of it is it backup copy or is considered a backup property but it's also personal usually yeah yeah there have been various on exceptions to various parts of of of the the dmc eight on that has a lot to this i don't know if it was renewed the most recent time i know the yet that has fought for it before an end as a way it was mentioning the the dvd css case of the dvd john case has said that you can use those things but i don't know specifically for this type of drm and for these types of books things but yeah