35 Burst results for "four percent"
LINK Crossed With BTC My Favourite
"Just had the new candles clothes orphan they. I should say five percent on yesterday closing at eleven thousand, seven, hundred, sixty, three, dollars, five percent once one knock that out the window that's the biggest move. The we've had next to the eleven point two, five percent that we saw. That's the biggest moves back on the first of June. So it's not significant ladies and gentlemen it is not insignificant at all saving and push on three bright the highs get above twelve thousand and really stop this pump moving. I was sore theory that I closing up as well to when I sent. It closed at four one the first time its theorems closed above full hundred dollars in this most recent run the I close above four hundred dollars since. Y on even know when the child I'm looking at federal shot. Now, I haven't got data that goes back that far. So it's been a while it's been a wall are also looking really you I for a two is sitting at rotten out. Superb looking knock it there on a theory just doesn't want to slow down I. WanNa see that four hour kick on a bit more. EXA Pay. Off The point four percent, the old quiet shave this one x updates sitting at thirty cents on the dealing rotten out closed just above thirty cents a guy in another market, the close above a significant level So we'll see how that goes throughout the day bitcoin cash. We'll get closed up one point seven percent as well. And? It's Five one five at the minute. So nothing too crazy out of the out of the rooms above. Madness, it's a lot cleanwater, fifty, nine bucks art we closed. Up Two point one percent yesterday. It was up two point seven, five them with sitting at two, hundred, thirty, three dollars, seventy six in what looks to be potentially the beginning of a very bullish day across the dymock it's called Donna was down point seven a little bit stock Dick Donna with hanging around that fourteen percent mark. The minute needs to do a little bit more from honest finance number two as far as liquids. So as far as moves went yesterday bitcoin being the number one bonnets to full point three percent closing at twenty three to twenty seven very nice up and shot that actually waiting pullbacks. Three dollars and seven we closed up point six today link. Well, it closed down two point six non but a tell you what I'll tell you. One thing it's looking very, very nice and if you look at Link Bitcoin, let me just check now to make sure did give me a not for its in the cradle. On the our China Link Bitcoin. China bitcoin that is one that on stoking today very very closely yesterday got filled on hominy. Hominy US Dollah Tetra. Longtime position on the daily looking quite Nas I. got a really solid move out of the candle back on the sixteenth of July and. That I was up nine point, three percent. So sitting pretty there hopefully should be just about a Ramli one to one tie. It's very I think moderate actually got the just boy visual sense to check the account. because. Look. In Arkansas you a couple of things that are really important that you're GONNA to have to learn in these next bull run. It's not gonNA come from May telling you what to do. It's GonNa come for me telling you what others done. Yet accurate member. WHO Was it back in two thousand eighteen? And this chat was A. Look to be honest with you saw two, thousand, nine, hundred, he he came to my law, of course, the two day. event. Honestly. He had a really bad attitude about writing I I really truthfully he came I got on a street is I. Don't know why because he was so maybe he was looking for help but he was looking for that inspiration a diary night but he was so insult, he was so negative about trading. He was telling me that hey, couldn't try it. He didn't think he could be tried. And The pull back I'm thinking how do you get to this point and I realize what he was doing was was trading what he was doing what he thought was trading but he was punting he was just putting away had no strategy syndicate? Will you know he's off interesting for wall of I'm not sure can be tried of lava. We'll you need some structure because I do I said Okay we'll wrought down. On a piece of pipe you strategy. Tell me what it is. Tell tell me what you're looking for. and. He said all I don't really know I feel that I am looking for certain things and what are they said things write them down. And he couldn't. They couldn't brought down anything. It couldn't even Dan one. One element of a checklist and I'm not saying that checklist of the to do it, but if you don't know you strategy. What are you doing? What are you doing? You ponting. Don't do it. You lose you will lose money you will lose money.
"four percent" Discussed on RNZ: The Detail
"This you know this is a complex wicked problem and that there is no. Single causes. No single solution. And it's the culmination of all these things are win carbon happened. The first thing that we did was to really understand what might be the impacts and prepare for the worst I. think it be irresponsible for us not to prepare for the worst and some work that I, take the Economic Development Agency for Auckland and ourselves have done is predicting fifty thousand unemployed people South and we still cleanse. And the population of war what? Example the population here in South Oakland is three, hundred, twenty, thousand But remember we're very useful population here in the south with forty percent of people being under the age of twenty five. Sorry. In terms of working population working age population, it's actually quite a large chunk and. Forty thousand of those people are expected to become unemployed part covered. So a lot of them will have been workers who have now been made redundant and Al Concern now is that we get them back into the labor force as quickly as possible to try and minimize employment scarring because what we don't want people who are perhaps experiencing frictional unemployment. So just between jobs now becoming structural because if we had fifty thousand people experiencing structural unemployment and we really really would be in trouble. Vets trenched. Okay. This fogler of forty thousand. A you taking into account more than those people who are going to weaken income and saying that they haven't got a job nor that doesn't include paypal who are. Not Officially, underway made doesn't include young people under the age of twenty five nate. So not in employment education or training, but not all of them will necessarily be able to use a main benefit. What it doesn't account for is people who just not active in the labor market, but neither are they expressing any income support. So if we included that figure, it would be much more significant than what we're talking about, which is the forty thousand and I. think that's a really important point because the challenge here in South Auckland has always been underutilization. It's not just a case of unemployment I. Think People kind of unemployment is a universal measure which is used internationally. So we understand it well, but actually the real challenge of the. The South is people here, working jobs that aren't pie enough having to work excessive was no one should have to work sixty hours a week to earn a very modest income to support them and their families all their skills smashed and there being you know grossly under employees. You've got this forty thousand may jobless by COVID nineteen already out there over the next twenty, four months. Okay. So it may not be forty thousand now, but you're saying this period of time, it'll be forty thousand, and then you've also got the underutilized workers. It's a pretty frightening prospect to think of all those people and the families having such a severe drop an come. Will possibly engulf entire neighborhoods our communities. SAR. With being working with tate and other partners to understand what's really going to take to turn this crisis into a world leading opportunity, and we think that that we can do it. Even. Before lockdown the southern end wasted initiatives were running here. Walker ignore it's a program that works with Mardi and PACIFICA businesses to help them participate in the tendering process and when contracts and things like infrastructure and construction. So in a funny kind of way businesses booming for some companies, anyway, the program had helped procure around twenty, two million dollars of contracts before lockdown and another twenty million cents at means that they could confidently Cape on their staff knowing they had work. At the end of the tunnel, and now we're actually in a situation where we'll have created hundreds and hundreds of new jobs and vacancies, and then mostly infrastructure countries. So that's the good news, but you all talking about forty thousand people unemployed in the region post covert over the next couple of years. A drop. Yeah compete with the jobs that need to be found your rights it we're going to have to. Tackle this challenge at sky, and that's going to require ossis local government. It's going to request central government to back an economic recovery and growth plan. It's really targeted to the challenges of South in West Oakland, and he is the plan. One of the things that we've identified with colleagues from waste is that you know. Aucklander, seend. Billions of tons of waste to landfill re point six, billion tonnes. Every year must have that's commercial. But in that are valuable resources that are just getting buried under land phyllis, three, million dollars, worth of reusable things that we are burying in the ground for future generations to have to pick up the TAB. Now, with being working to give that to identify that, actually, we could have a large scale resource recovery Hob here in the south that would create thousands of jobs and it would I will ask to tackle. Serious challenge with waste, we've already done a number of Charles and experiments. So for example, fifty percent of all waste to landfill comes from construction. But. We can deconstruct and Selva Jr that waste in a way that it can be used again and again, and again, a dozen have to go into Info. That's IT for today I'm Sharon Break Kelly. The detail is brought to you by newsroom dot co dot inside and made possible by inside and incident. Can Get. US downloaded free t mobile device every weekday from podcast platform, and if you using ever leave us a rating, so other people can find us to today's episode was engineered by Jeremy Ansell and produced by Alexia Russell and thanks jared and Tanya Pu. Fatty. Mattie. One..
"four percent" Discussed on RNZ: The Detail
"We live in half. Actually jumped a bit above us. Yeah. and that's what you would expect to see in a in a situation like that where you've lockdown and even as you come out of lockdown, you're working few ellison. What you would like to do that I. Think reflects what what was saying out on the ground and also the the Slava Wijers growth. What can you do with this information? Now, if you feel like that unemployment get the full. As. Just rubbish. I, mean, do you just forget about it? I. Think. So you look through it and you say, well, this is a this is a number which clearly doesn't. Accurately reflect the situation in the economy right now, we look at the under line, right which life giving us, which is little point six, and even then we'll look at that and say, probably a little life and we we sort of through I. Well, the Knicks, quotas numbers, probably more important when we actually get a bit a sieve I and a bit of feel for what's going on. But the good news in this is that we we think these Connie is performing better than we thought months ago. Looks like we're going to get few people unemployed through this crisis. So it's definitely an positive here. But. There's still another six months to play out. We need to sort of see how employees is react to white subsidies coming off, Kenai afford to pay their workforce and they. They, the point six percent. This is the extended unemployment writers at create. If we can. You explain what exactly is that they have tried to take into account the people in lockdown who couldn't actively seek work? And include them and a broader definition of of unemployment and that Kinda full point six percent over the quarter. What they did those. I gave us a weekly reading that increased from around four point, two up to about four point nine by the end of the quarter said. To us that trend is in line with what we were. Expecting You know we were calling for an unemployment rate of five point two, and if that's four point nine and that's pretty close. And, it looks like that trend will continue into the current quarter and possibly to the end of the year depending on what happens with the way subsidies. These another figure buried in the statistics, which is far more significant and Farley's favourable the participation, right. So the number of people who are actually participating in the workforce well you know that that has dropped as you would expect, okay, and what's that come out at the time? So it fell to sixty nine point, seven from seventeen point, five percent. That that is actually a meaningful declined and what that means is if you lose your job not everyone. Guys onto an unemployment benefits, I mean we we've heard quite a few anecdotes of people. Losing, their jobs but there overnight age where are selling in Oakland decided. Well, okay. Now is more time. to lease and hitting out into the regions using this as the. you know reason to to move on so that I someone like that loses a job, but then leaves the live in market That's where you see your dropping participation. But you have they lost a worker. and that obviously doesn't show up unemployment, right? They figures from the household labour force survey a really important. Now, I'd actually spoken to jared by skype the day before because I wanted to get a real feel for how these labor stats work. Look. It's probably one of the the K. indicators that way economists look at. It tells you so much about your economy at any point in time. If you know you're on employment, right is rising lot. We're expecting for whatever reason while that car lights with. Deterioration in. Just, about everything in your economy. So when when we run now models with stress testing ourselves as a bank, we're looking at unemployment right and when unemployment rises substantially. You stop thinking about well, house prices a against that coming off. Gone to say, you know an increase in in leases and commercial property might being problems that really is probably one of the most important indicators we have as communists, the problem with this is. Hard to calculate accurately took in times of stress lot this. So one number at might say unemployment is down, but the re say the labor market has shrunk and that period eleven thousand people lost their jobs, ten thousand women, and another of the figures that is really disturbing covers. Young People Fifteen to twenty, four year olds. Those not an education employment or training have gone from team point, five percent to twelve point five percent. Possibly be the worst couple of dollars. Thank, you very much. I want to get a closer look at how a region with a high youth population tackles that number amid. Auckland. Council's highrise officers in the middle of Monaco, city, center the bus station shopping and business centre in the to Sri Institute. Tiny Pie, and social entrepreneur here with the southern and Western teams, right. What what's an entrepreneur? So. Enterpreneur is someone whose job is to disrupt unproductive bureaucracy mock failures, and to be a change agent with an inside a big bureaucracy like Auckland. Council. What has happened over covid nineteen because I guess, I approach to because I wanted to say. The impact of Covid, nineteen on a region like South Oakland traditionally has very high unemployment among Mari and Pacific Young Pole, and I, have come here expecting. Even worse news than what would be. So can you tell me what has happened here where we are preparing for the worst? If you look at the history of economic downturn SPEC into the late seventies? and. After the oil shock of the early seventies, and then you know unemployment really starts to buy full monty and Pacific from nineteen, seventy, seven and. then. You've got Roger, Nomex they near got. You know the mother will budgets, employment contract exceeds. All of these things have lead to the situation that we're experiencing. Now, one of the frustrating things that I find is that people think that this was always what South Oakland was like in fact, you know we had full employment right up until the early seventies. So didn't just wake up one day and decide to be feet close. This is about how the macro economic situation has a feat judge people and for modern and PACIFICA, we have been feet did hottest for longest and never really recovered and.
"four percent" Discussed on RNZ: The Detail
"Cure I'm Sharon break Kelly, today on the detail states in figures show unemployment levels are four percent for the June quarter. That's a full from four point, two percent in the March quarter. The number that no one picked that says, fewer people were unemployed during lockdown. It's the first quarter to include the COVID, nineteen lockdown with Treasury early forecasting, it would reach eight point three percent, but don't be fooled by this number. Is Rubbish we delve into that data and I hit to South Oakland where it's expected covid nineteen. We'll put an extra one and teen wolf has out of a job over the next twenty, four months. It's a pretty frightening prospect to think of all of those paypal and the families having such a severe drop and Tom will possibly engulf entire neighborhoods. Entire communities. This is a big bold plan to stop this evening, and he is a hint something called green new deal. But I what's behind those labor numbers from the second quarter of the year we're talking April may joan jared us to fantastic headlines when you seen your. Your emails. What kind of He'd line which you put on this. Beware. Really. Kiwi thanks, chief economist jared couture, and that was his reaction just minutes after seeing the figures from the household Labour Force Survey released by states in. Did I mean these on just looking through these numbers? They are just. Unbelievable. Unbelievable is the exact him. In fact I, think you've just given me the title that we need 'cause because when we look at these numbers, they are unfortunately unbelievable. the the unemployment rate that the State Department has generated as complete rubbish. And if you look at the underlying messages, shows me a employment right closer to four point six percent, but they have actually given us a sort of a weekly trained in that under lawing unemployment rights and it's closer to four point on saints. At the end of the quarter, what happened was when the vice is done? People were in lockdown and you're in lockdown and you couldn't actively. Seek employment because you're in lockdown, you weren't considered TO BE UNEMPLOYED. So the unemployment right itself is rubbish up when you actually look at. The level of employment, the employment, right? It's all down the underutilization, right, which is probably more important. Rose from a team to saint twelve percent That's the biggest jump we've seen I think in decades. So there is some weakness underneath. The surface, but broadly speaking, I would say, this is a, this is a report that show white subsidies subsidies work like this time employees get five, hundred, eighty, five dollars a week, three, fifty, eight, the part time is it's Pie. A lump sum covering twelve weeks work for employers who suffer a thirty percent decline and who promise to keep staff on the four out of five days. A week run of the way subsidy is done as of last night, twelve weeks is up to the eight week. Extension is underway. It is tougher to get and other measures clearly helped during lockdown and we are in a much better position than we have. You know a few months ago. You picked a five point, two percent unemployment, right? And that was pretty optimistic compete with others. You know there was such a discrepancy but neither depict four percent. and. I think that's that's the issue for four percent is just it's just absolutely unbelievable. When I think it's ridiculous that the State Department actually published that we made an ounce of credibility. In these figures and we know it's the kind unemployment right now we. Four percents and it's just a product of forces, I and I very difficult time. This is the official unemployment media, which has some really good things going for it, but there's also a survey with really strict parameters of what unemployed and you have to be actively looking for work to count as unemployed. We need site support, SUV, I. Do you think that they haven't gone to the right people or what? Look at its notoriously votaw as it is but I, but I think that what what we've seen here today is. The, publishing of a number, which now on can believe. So we just look straight. Through it there should have been, you know a process where they looked at that and Gomo clearly. Unemployment, right hasn't fallen during the greatest economic recession and hundred. Years. Maybe. We should revise the numbers or come up with a bitter outcome because you know the screens that we're looking at right now and the world is is looking at, as says that New Zealand unemployment rate has fallen and and you know my guess making us look better the laughing store, can you explain to me how they go about the survey? So it's a survey of a belief sort of fifteen, sixteen, thousand people at a at a at a point in time the problem with this particular sieve. I was obviously impacted by lockdown and was looked down at least and possibly after Falungong. people who was sort of in limbo and went looking for jobs because there was no, no was hiring. But other countries have. Yeah. High frequency surveys and numbers that have shown a kid terry writing in, you know employment and unemployment over over lockdown, and we've seen that here as well. I. Think. You know all the anecdotes that you get. Suggests that the the unemployment rate is much harder than than what we've been given today, and it's unfortunate that with sort of looking at a at a four percent rather than something that was probably more realistic around five. What kind of questions are they asking those people and the survey? Well. One of them was you know you actively. Seeking work, and if you're in lockdown, you cannot actively be speaking with 'cause you're in lockdown. So. He went counted. So there are some some issues that I think could have been dealt with a base, and that's what they tried to address it with the underlying rights, which is closer to four point six percent will full point nine percent at the end of the quarter that sort of online ripe potentially could have been. You know the headline rights and we would have taken the number most seriously what numbers he had. Do you take seriously? We take the underutilization right. The fact that has lifted as we as we suspected and utilization, which includes both the unemployed and those who could work more rose to its highest level. Since records began twelve percent. The fact that employment growth has come off the employment rights down the fact that wages was soft even despite quite a. In. The minimum wage, there is some weakness beneath. The nicest which matches what what we've been saying in the in the economy. So what's IT underutilization? What was the figure you were picking?.
COVID-19 reshapes and reduces back-to-school spending
"Covet nineteen has reshaped and reduced back to school spending back to school shopping is usually a gold mine for retailers but due to the corona virus sales will be down compared to last year grew predictions this year good spending will be down by around six point four percent retail expert Neil Saunders on why this back to school shopping season is so important retailers but watching it very closely the what happened and to see if there are any trends that they can discern as we go into really important occasions of Halloween and thanksgiving and Black Friday to back to school shopping season for retailers is second only to the Christmas holidays I surely after
Hundreds of Georgia campers infected with coronavirus at YMCA camp in just days, CDC report finds
"Two hundred, sixty cases of covid nineteen have been tied to attendees and staff at North, Georgia Ymca Children's camp. In June, according to a report released, Friday by the Centers for Disease Control and Prevention. One of the largest known super spreading events in the state. The report details how covid nineteen spread rapidly among children and teens within the camp and raises questions about the effectiveness of safety protocols s school districts, colleges contemplate reopening Ymca Camp High Harbour identified in the report is camp a suffered an outbreak, late, Lake. Burton, location late June as of July tenth about eighty, five cases of the virus have been. been linked to the camp. The JC previously reported a figure that has since tripled the CDC study of five, hundred, Ninety, seven campers and staff from Georgia found the camp did not follow its guidance to require campers to wear masks though the staff did three quarters of the three, hundred, forty, four, ten days and staff for whom the CDC was able to obtain test results tested positive for the virus. The CDC said the overall attack rid of the virus forty, four percent though the agency acknowledged that an under cats an undercount because it included more than two hundred, fifty for whom they had. No results. This investigation adds to the body of evidence demonstrating that children of all ages are susceptible to the coronavirus and contrary to early reports may play an important role in its transmission.
Pandemic hits Comcast 2Q; Peacock service has 10M sign-ups
"In q earnings report comcast announced its peacock streaming service had ten million sign ups since it's limited, launch an April and nationwide launch in mid-july overall comcast net income for the quarter fell four point four, percent two point nine, billion dollars in revenue of twenty three point seven billion dollars revenue at his home Internet and cable segments was flat at fourteen point, four, billion dollars but NBC Universal Revenue was down twenty five percent to six point one, billion dollars asd revenue on cable networks fell twenty seven percent to six, hundred, seventy, nine, million dollars while theme park revenue declined ninety four percent to eighty seven million
US to withdraw 12,000 troops from Germany.
"America will bring around six, thousand, four, hundred forces home and shift about five, thousand, six, hundred to other countries in. Europe. US Defense leaders said on Wednesday, detailing a Pentagon plan that will cost billions of dollars and take years to complete the decision fulfills trump's announced desire to withdraw troops from Germany. A number of forces will go to Italy and a major move would shift U S European. Command headquarters and Special Operations Command Europe from stood got Germany to Belgium. The future of the plan is uncertain at best since it relies on support and funding from Congress and a number of members have voiced. there. It may not survive at all. If trump isn't reelected, lawmakers have condemned. The troop cuts as a gift to Russia fueled by trump's spite at Germany. But Defense, Secretary Mark, Aspe- defended the plan saying that while the decision was accelerated by trump's orders, the moves also promote launch a strategic goals to deter Russia reassure European allies and shift forces further east into the Black Sea and Baltic regions. Trump has repeatedly accused Germany of failing to pay bills, which is a misstatement of the issue. NATO nations have pledged to dedicate two percent of their gross domestic product to defense spending by twenty, twenty, four and Germany is still short of that goal at about one point, four, percent twenty, two Republicans on the House Armed Services Committee sent a letter to trump saying a reduced US commitment to Europe's defense would encourage Russian aggression and Senator Mitt. Romney of Utah on Wednesday called the plan a grave era saying it's a slap in Germany's face that will do lasting harm to American interests.
Candy Makers Try to Fight Off a Halloween Horror Show
"From wondering I'm David Brown and this is business words daily on this Thursday. July thirtieth. It may be the dog days of summer for most of us, but the folks at Hershey are already up to their necks in Halloween earlier this month Hershey announced it's Candy Lineup for horrors high holiday some of the ghoulish goodies include vampire themed Hershey, kisses stuff with red strawberry cream, and Reece's Franken cups which have a green creme dement flavored bottom. But the candy maker also has a haunting concern if covid nineteen continues to cancel in person celebrations what will Halloween Twenty Twenty look like Dad. Insult to injury the holiday falls on a Saturday this year. So little ferry princesses, pirates and ghouls could've stayed out later collecting more candy for their late night sugar rush without worrying about school the next day. Now it's unclear if people will be comfortable handing out goodies to trick or treaters at all, even with ample squirts of hand sanitizer in between. So Hershey is hedging its bets in an earnings call last week CEO. Michelle said the company is reducing production of Halloween, themed candy to avoid. Leftovers Wall Street Journal reports Hershey's earnings did beat expectations this quarter booze stead by pandemic comfort food buying and buck says that Halloween orders from retailers or strong. So she's optimistic that sales won't be too bad. Still The holiday makes up about ten percent of the company's revenue of that trick or treating generates have of the company's Halloween sales. So even a small disruption could be a real pain in the neck Hershey rival. Mars Wrigley is also thinking about October thirty. First, the company will revive skittles zombies, which were introduced last year longtime favorites like Eminem M.'s will simply get Halloween themed packaging on a recent episode of the marketers brief podcast Mars Wrigley's chief Halloween officer Tem Lebel said Mars Wrigley's planning quote conservatively for the holiday Lebed's primary title is president of sales, but the seasonal shift indicates just how important Halloween is to the company's bottom line. So what does it Candy Company do when faced with a Halloween horror show. Pivot, of course, both companies are studying lessons learned during the Easter Season Easter candy sales fell about four percent because of the pandemic according to the national confectioners association. Abell says Mars Wrigley had too much in store product, but ran out of online stock. Overall online candy sales have been growing especially chocolate
Big Tech CEOs Testimony Before Congress
"Today was the day as I record these words the big tech CEO's are still testifying before Congress. So I'm going to have to do a summary of what I've seen just in the first couple of hours or so and leave some of the juicier question and answer back and forth for tomorrow. I up a note on the format that we've been seeing. Yes. All of the CEOS were testifying remotely. They were using Cisco Webex as the video conferencing tool and it seemed to work fairly well at least right until this very moment as I turned off the stream to go into the booth to record this, they took a ten minute recess because apparently one of the witnesses. was having an issue with their stream or feed, and I'm wondering if it might have been Jeff Bezos because at least thus far were almost an hour and a half into the testimony and he hadn't been asked a single question. Anyway back to the whole idea of testifying remotely if I were going to do one of those rate, my video call backgrounds reports. Bezos look like he was in some sort of executive boardroom, lots of tasteful Chomsky's behind him. Look like he was in a conference room at a high end law firm I couldn't tell what Zuckerberg was sitting in front of it looked like closed vertical blinds almost like I don't know some sort of like a bunker like if you're battening down your house for a Hurricane Tim, Cook was in front of some sort of tasteful plant trough though he was clearly working off an ipad pro. Let's start off with what the Fab four had to say in their opening statements. Amazon's Jeff bezos underscored Amazon's job creation, its investments in social causes and its role in supporting small and medium-sized businesses. And made the case that Hey Amazon is just a tiny competitor in a huge global market quote. The global retail market we compete in is strikingly large and extraordinarily competitive Amazon accounts for less than one percent of the thousand five, trillion dollar global retail market and less than four percent of retail in the US unlike industries that are winner take all there's room in retail for many winners for example. More than eighty retailers in the US. Alone earn over one billion dollars in annual revenue like any retailer we know that the success of our store depends entirely on customer satisfaction with their experience in our store every day Amazon competes against large established players like target Costco Kroger and of course, Walmart a company more than twice Amazon size, and while we have always focused on producing a great customer experience. For retail sales done primarily online sales initiated online are now in even larger Growth Area for other stores Walmart's online sales grew seventy four percent in the first quarter and customers are increasingly flocking disservices invented by other stores. Amazon still can't match at the scale of other large companies like curbside pickup and in store returns and quote alphabets. Soon, Darpa, Chai, said that Google also operates in a highly competitive. Market and that it's free products benefit the average American quote. A competitive digital ad marketplace gives publishers, advertisers, and therefore consumers an enormous amount of choice pichai stated, for example, competition and ads from twitter instagram comcast and others has helped lower online advertising costs by forty percent over the last ten years with these savings pass down to consumers through lower prices in areas like travel and real estate Google faces strong. For search queries for many businesses that are experts in those areas. Today's competitive landscape looks nothing like I. Did five years ago let alone twenty one years ago when Google launched its first product Google search people have more ways to search for information than ever before and quote. Tim Cook of Apple said that the APP store has opened the gate wider for software developers. Also, apple doesn't have dominant market share quote as much as we believe, the iphone provides the best user experience. We know it is far from the only choice available to consumers Cook said after beginning with five hundred APPs today the APP store hosts more than one point seven, million, only sixty of which are apple software. Clearly, if apple is a gatekeeper, what we have done is open the gate wider we want to get every APP we can on the store, not keep them off and quote. And facebook's mark. Zuckerberg said well, but he said a thousand times before that facebook knows it has more work to do on things like fighting misinformation and that you know companies aren't bad simply because they're big. And he took pains to point out that facebook is an American success story quote although people around the world use our products. FACEBOOK is a proudly American company. He said, we believe in Values Democracy Competition Inclusion and free expression that the American economy was built on many other tech companies share these values, but there's no guarantee our values will win out for example China. Is Building its own version of the Internet focused on very different ideas and they are exporting their vision to other countries as Congress and other stakeholders. Consider how antitrust laws support competition in the US. I believe it's important to maintain the core values of openness and fairness that have made America's digital economy, a force for empowerment and opportunity here and around the world and quote. In his opening remarks, the chairman of the Committee David. Sy-. Selena Rhode. Island. Laid out three areas of inquiry that the was scheduled to delve into at least in questioning from the Democratic Congress folk more on that in A. Quitting CNBC, each platform allegedly serves as a quote bottleneck for a key channel of distribution and quote the platforms allegedly used their control over digital infrastructure to Sir Vail other companies, their growth business activity, and whether they might pose a competitive threat and use that information to maintain their own power and third the platforms allegedly abused their control over current technologies to extend their power through tactics like self referencing their own products. Quote. Prior to the cove nineteen pandemic, these corporations already stood out as titans in our economy. Silly said in the wake of Covid nineteen however, they are likely to emerge stronger and more powerful than ever before, and he concluded by saying quote, our founders would not bow before a king nor should we bow before the emperor's of the online economy and quote? But as I say, while this was labelled as an anticompetitive antitrust inquiry, it seems like the Republican Congress folk were primarily interested in probing alleged bias against conservative users. In fact, Jim Jordan. One of the ranking Republican representatives spent most of his opening remarks railing against. which if that continues would basically be exactly what all of the CEOS in the talking head boxes would be hoping for right lots of distraction and no real spotlight on them. In fact, a lot of the most heated questions directed at a company that's not even present. We'll see if that continues but I have to say straight off Chairman Sicily and was very specific targeted sharp questions. He kept interrupting folks when they started to stray into doublespeak and the very nature of the questions from him and others at least so far. This wasn't like previous congressional hearings we've covered where the congress folk didn't seem to even understand the businesses they were investigating, and maybe that was because I don't know if you saw the woman sitting very prominently very obviously behind Mr. Cecil lean. Let me let the Washington Post fill you in on who that was quote as a twenty eight year old law student Lena Con penned a twenty four thousand word article for Yale Law Journal titled Amazon's antitrust. Paradox. The article described how US antitrust law isn't equipped to deal with tech giants such as Amazon. Even as the company has made itself as essential to commerce in the twenty first century in the way that railroads and telephone systems had in the previous century con now works as counsel for the antitrust subcommittee she has worked with Sylvain to develop his case against the tech giants including Amazon and quote. As I said, the questioning is continuing as I speak these words in fact I just heard that they came back from their recess. The whole thing did kick off hour late only getting started at one PM, eastern? So I don't think it'll be done before for five PM at least. So again, I'll put together a summary of all of the juicy exchanges happening now for tomorrow.
Starbucks posts loss as coronavirus bites, but stock pops on 'steadily recovering' business
"We're going to start. With starbucks. Same store sales in the third quarter fell forty percent but. The loss were smaller than expected. The revenue was higher than expected and shares of starbucks up about four percent today
More Americans signed contracts to buy homes in June
"The number of Americans signing contracts to buy homes rose for the second straight month the national association of realtors says its index of pending sales rose just over sixteen and a half percent last month and contract signings are now six point three percent ahead of where they were last year after being significantly behind that pace due to the pandemic all four regions saw more contract signings for the second straight month the northeast led the way up by over fifty four percent sales of the Midwest south and west all jumped around twelve percent shortly after Washington
EPA aviation climate control proposal
"First story comes from manufacturing dot net US says, it will adopt gradual climate standards for aviation. That's a line that kind of sparks some interest. Given the history with maybe the the European views of airplane emissions compared to. Well, the United States and some other countries as well. So what we have here, his the EPA, the environmental. Protection Agency has proposed new aircraft emissions regulations he and some people are criticizing them in other applauding them. Well, this proposal adopts the twenty seventeen emission standards from. The International Civil Aviation Organization. So Boeing and the Airlines for America Trade Group welcomed the proposal. Meanwhile environmental groups and even the EPA itself said that the proposed regulations would really have no meaningful effect. This is. Kind of frustrating I. Love Our current climate where we? Excuse the Pun where where the regulatory agency issuing the regulations is saying it's probably not the best thing that we've done, but here it is anyway I just. Kind of exasperating. Well, it is. It is the representative from the center for Biological Diversity. Had An interesting comment. that. Rip said they are literally just ANTIBAC- sliding provision. They don't require anyone to improve. They just say when doing stuff don't make it worse. Yes, but then you get credit for having done something even if you didn't well, I also that that I think that's the motto of Tonight's episode is we're doing stuff. Don't make it worse. Well, we should mention how much they are planning to reduce it They said that they plan to reduce greenhouse gas emissions for new aircraft by four percent over twelve years. So that's one percent what every three years. I don't know from just kind of engineering standpoint. That's very, very really little improvement in efficiency and I would think that just by occasionally burning a little biofuel, they can nail that one, another perspective I, it comes from the hill which reports that an analysis from the International Council on clean. Transportation. Found that most airlines in the United States covering more than three quarters of Asian demand already meet the K. KO standards. So, we don't WanNA get into politics. But here, here's some proposed regulations that. You know one group of individuals say don't have any teeth whatsoever. Their lines for America a a is commenting that this is nice. Balanced approach that kind of Addresses all the concerns but So. There we have it. It is just a proposal. I, don't know what the process is to Go forward with this, but it is a proposal, notice a of no, our PM's NPR 'em no. Yeah I I. Don't know. I don't know how the EPA does. I don't know if they do the same way. The FAA does that being? Developed briefly make that would possibly make sense. But that doesn't probably isn't how to happen.
Dogs Can Sniff Out Coronavirus Infections, German Study Shows
"Kicking off today with some potentially positive covid nineteen news from our canine friends. Dogs being trained, to sniff out. Drugs, weapons, and diseases like malaria, and even cancer is nothing new, but a new study shows that when trained dogs are able to sniff out code in Nineteen infections, quoting CNBC a new study, which was piloted by the University of Veterinary Medicine Hanover the handover medical school in the German armed. Forces found that if properly trained dogs were able to discriminate between human saliva samples infected with SARS COV to and non infected samples with a ninety four percent success rate overall, the hope is this method of detection could be one day used in public. Such, as airports, sporting events and other mass gatherings in addition to laboratory testing to help prevent future covid, nineteen outbreaks, according to researchers and quotes. The study was conducted using eight dogs from Germany's armed forces. They were trained for a week, using thousand samples of both infected and uninfected saliva, also neither of the researchers, nor the dog handlers new, which was which. Marin because black widow, who conducted the study says the dogs can probably detect folic change which occurs when a person is infected the one issue, the dogs apparently can't differentiate Kovic nineteen from other diseases like influenza yet, but the research team says that is the next step and the Hannover Medical School in Germany aren't the only ones conducting trials on trained dogs. Researchers at the London School of Hygiene and tropical medicine are also training and studying dogs to see if they could detect covid nineteen from person's body odor, which they say is altered by respiratory disease, and as for the canines welfare quoting CNN. Dogs are known to be. Be Able to contract cove nineteen, but there is no evidence that the virus can spread from dogs to humans, the team, medical detection, dogs or sure CNN that the dogs are well looked after and will be kept safe from infection, our dogs we trained on a dead virus, and then have no contact with the individuals. They're screening, but will sniff the air around. The person says representative Jimmy Butler and the dogs will only be permitted to be touched by the handler, which therefore means there will be very low risk of spread of the virus from the dog to their handler or to the people they live with and quotes. While this might not replace the uncomfortable diagnostic tests it could, certainly as the article said be a boon for public spaces where you need to test large numbers of people instantaneously and where fever scanners would only catch symptomatic. Assuming that is that the dogs could sniff out positive infections in a symptomatic. So, we'll have to see how accurately the dogs can be trained, but sounds like a promising solution so
How Churches Are Reopening During Coronavirus
"More than seventy percent of church. I'm getting these stories from a thing called Christian headlines More than seventy percent of churches are meeting again and most practice social distancing. Most Protestant churches in the United States have returned to in person. Services. And most are also practicing social distancing by closing off certain seats to battle the coronavirus pandemic. According to a new life way research survey. More than seventy percent of Protestant churches met in person in July, a stark contrast to April when only ten percent met. The survey. Of. Protestant pastors shows seventy one percent of churches met July nineteenth seventy three percent. Met July Twelfth and seventy percent, July fifth. Meanwhile, churches are taking extra precautions to stop the spread of the virus for example, ninety four percent or providing hand, sanitizer, masks, or gloves to those needing it. Eighty six percent or conducting additional cleaning surfaces. Seventy six percent or closing seats to increase distance between people and to practice. Social distancing. Fifty nine percent recommend mast. Masks. About a third or requiring them. Although, most churches did not meet in May. A majority fifty five percent said they met the first weekend in June. Still, Twenty one percent of pastor say they have not met. Since the pandemic started. One, fifth of churches have offered drive in services during the pandemic, according to the study, resuming imperfect worship services has not been reverting to worship as usual. Says Scott McConnell Executive Director at lifeway research churches are making efforts to make the environment safe. But these efforts are often second gas by those who either want more precautions or less restrictions. Although most churches are meeting in person again only twenty nine percent or holding in Person Bible Studies. Only thirteen percent are holding children's activities. Maintaining social distance and necessary sanitation is very difficult with younger ages. To complicate things further saw the volunteers who normally work with kids and students are in high risk groups who are not ready to return anytime soon. That's pretty interesting.
New comedy shows announced from Will Ferrell and iHeartMedia
"Media and Will Ferrell have told us all about the plans. Then make in for big money players their comedy podcast network one Murph. The new shows is from Michael Bolton Michael Bolton's big sexy podcast. We've all the details in our Schoener to newsletter today. Triton digital published their latest US podcast report Sirius Xm's has overtaken entercom cadence thirteen in the network rancor shows the highest new entry stitches W with Marc Maron. Hats number thirty two downloads for the top fifteen networks are up three point four percent since the Nostra port report measures participating publishers only. The BBC is now reaching a record global audience of four hundred sixty eight million people, but global news podcast remains the BBC's most popular with audiences approaching one million a week. That one is in Google podcast so low. Most of them aren't and Steve Osha has a second virtual new media summit in September. We've made to our podcast events website at Port Dot, events News, the latest edition of slates trump cast has an actual trump on it. His niece Mary trump who has a book out most important thing to know about. Donald is that hill accept help of any kind. If benefits? This is a man who knows the difference between right and wrong, but doesn't think it applies to him if he can get help. That's going to advance a 'cause. It's in my family. was kind of an unwritten rule that certain behaviors that would have been crossing the line for other people were okay. If you were a particular trump, not all this like. If you were a particular, trumped the latest podcast. Join. Evergreen podcast. Is Game Fix live every week on facebook? You can expect video game reviews news, comedy and interviews of people, actually in the gaming industry and Canadian Science. Fiction podcast moon base. Theater out is in production for season three, and will reveal eleven new actors as part of their crowd funding campaign,
Twitter's Making 2020 a Big Investment Year
"We have the latest from chipotle and Microsoft but we're going to start with twitter. Yesterday lost money in the second quarter revenue was lower than expected, but stick with me here on this metric monetize -able daily active users. Up, thirty four percents, and that is what is boosting twitter's stock, today and Ryan. Let's face it. Twitter needed a win after that hack last week and they got it. Yeah, they really did you hit it on the head there? They missed expectations on both the top and bottom line, and yet the stock was up five percent. And that that's because at the end of the day it's it's a media platform and people really care about demand aggregation, and that's what they got. Average monetize will that daily active users jumped thirty four percent like you said to one hundred eighty six million I think some of that was attributable to the cove. Environment may be looking for news and a lot of people get their news through twitter. but yeah revenue is down nineteen percents that was reflecting a decrease in advertising demand operating loss of one, hundred, twenty, four million. I'm curious If there's if maybe this decrease. In ad demand is more of a microcosm for the whole ad. Tech Space I think this might be an indicator for some of the future earnings that we're GONNA see. But Yeah I guess investors cared about the daily active users and there's obviously. As a twitter user they add. The ads that I get are not great. There's a lot of room to improve. But at the end of the day it starts by owning the demand, and then the monetization lovers way you choose to make money can come at the end, and I know on the conference call. Dorsey mentioned something about trying out possible subscriptions I believe they said there won't be any subscription revenue for the twenty twenty fiscal year, but the they're going to have to try to pull some other levers in terms of how they make money, because it seems like ads just cutting out for that platform.
Postponed Tokyo Olympics hit 1-year-to-go mark -- again
"The postponed Tokyo Olympics hit the year to go mark again, but many Japanese say they should be canceled by Stephen Wade of the Associated Press in Tokyo. The Tokyo Olympics have hit the one year to go mark again, but few are in a mood to celebrate. Tokyo observed the original date a year ago, that was before the covid nineteen pandemic postponed the Olympics and pushed back the opening to July. Twenty third twenty twenty one fireworks cascaded over Tokyo Bay back then and local celebrities unveiled the medals in a highly choreographed show. There's none of that this time. Organizers produced a fifteen minute. No fans event on Thursday inside the new national stadium, screening a video to promote next year's opening. They also teased the presence of the Olympic flame, which arrived in Japan in March and had been hidden away ever since. Low Key event on a rainy day captures the local mood a poll a few days ago from Japanese news agency. Kyodo repeated the results of recent surveys. Japanese are skeptical. The Games should go ahead and doubtful they will. The poll showed twenty three point. Nine percent favored holding the Olympics thirty six point four percent said the Olympics should be postponed again and thirty three point seven percent said it should be cancelled. Organizers and the International Olympic Committee of ruled out another postponement. The Tokyo Games would be cancelled this time if they can't be held
ETH - Yep I Am In
"I also have been very vocal about moving some money into a theory in with that resistance level in the high low building. That's what I did I, actually pretty much, nailed to the to the timing perfectly yesterday, by quite some time as of close at other positions, rather than going back into Bitcoin, a moving some back to his theory, I think it's much more bullish looking shot. And for me. The reminder of the Ted that I had. Assad for trading pays are putting too serious, so yeah, it's been a bloody good day. Without actually having to take any particular tribes and warm Italian is on not telling you this as Brag now. You'RE GONNA. See I've already seen loss of brags. Away said this Tom Blah. Blah Blah That's wonderful good for them. Excellent on I think that's fantastic that the helping people make money, or they're making money and showing people's stuff. But under the Braga. Hated by one. I'm here to do from here to motivate you to take the plunge to get started. Because whether you're looking to manage any investment portfolio oil, you're looking to trade on low timeframes and everything in between what I do. We'll help you with that, and that's what I'm saying about. Link at some sighing about eighth sign about cod dominate the. Pain them. To know how what you're looking for well, it could certainly change your loss of. Where are we right now? About five minutes until the market closes for today do. Well thousand five hundred thirty dollars at one point, five percent on the BTS Yayha and guess what today has done. You heard me talking about the bright of that weekly candlelight back on the sixth of July broken the heart and we look at much more bullish now. BITCOIN is a move in and a very came very to see work always to next because well. Thing? Theorin I the big dog got to sixty four, forty six. To sixty four. Forty six cents wanted are fake. That will because as a theory. And a thirty to fifty beautiful, it's up seven point five five percent. And there was a wonderful little. Krylya Sally which she'd be a byte point five times. You'll risk if he took good Scifi. Yep there. It is I saw Pai. In exile pays moved up two point. One percents twenty point four cents. Yes, it has. It's actually broken through that twenty cent. Barry, that's really struggling with for a little while. She's up through a looking good. It'll move their necks. bitcoin cash that four hour cradle started up for out to our cradle was at ten P.. I. T.. n. p. m. a. pointed that out of my McAfee video. I didn't try anything I did like the look of Bitcoin cash guys a practice few to tall or not feeling well, you stay at and I just I just feeling. Thoughts Utah yesterday so I stayed up. Di Big would abate on that puppy up four percent to forty dollars at the moment. Ida Okada twelve point four percent. Up Point six five not too much, but it's obviously going to be big moose bigoted, pretty quick, musical, best one, eighty, four thirty. I'd up two point nine percent right now. Lot coins three percent up one foil candle. Wish Guy. Right up in the. Forty! Five Dollars and eleven cents Barn answer bit of an honest move there also two point two six percent up sitting right around that resistance region from yesterday, eighteen dollars and twelve cents per tools, sixty six out one point six percent renting the top ten. We've got leakage at seven dollars forty two point three nine percent of the standard as a theorem. There is absolutely no doubt about it. We broken the resistance. We've broken out on the pitch shot. We've broken up against bitcoin working up and through every single barrier level. You imagine we have go blue sky ahead. What will I be looking for I'll be looking for. Nazi boosters crypto cradles and big breakouts, while because that's all I have looked full. The three strategies that are built my career as a tried and I'll go all checkless for you. Should you wish to? Get stuck into them.
Airline Layoffs and Furloughs
"We see in the Motley fool that southwest airlines they say has another ominous warning for airlines. And I. Guess Southwest Airlines has never had an involuntary layoff or a furlough, but Max. That might change this year. It's really quite a record that they have. That's really remarkable I. think what it really is a testimony to the tremendous amount of growth year on year that they've had for so many years in a row that they've been able to do that because that's that's got to be unique in the the industry but it does talk about how they originally had a fairly aggressive plan to get their schedule back to position whereby November December of this year they'd be at the same levels where they were a year ago. Well, that seems like that was probably a little overly mystic, and so they're finally recognizing that and. Notifying employees that you know layoff may be in the cards. Fact I believe. They had said that in order for them to avoid layoffs that traffic volume would have to triple from where it is currently and so the odds of that seems pretty unlikely. If you look at where traffic is I guess in the most recent period. They say that they were at about twenty seven percent of what they were a year ago. Now I. I just saw an article come out a day or so ago, which said that traffic has been steadily increasing since April up until this past week when it was down four percent so I i. think we're probably at best word. A new plateau at worst traffic is probably going back down again now. This article being from the Motley Fool. They have to talk about stocks the very end. They say ten stocks. We like better than South West, airlines. I'm thinking Probably the airlines are. Probably. Not In the top ten in sectors that you WANNA be investing in right now, but maybe I mean. Maybe they're depressed so low that they could bounce back, but I have breaking news. Yes, this is from NBC today this morning actually. Nearly seventeen thousand South West employees sign up for buyouts or voluntary leaves as furlough threat looms. They got more people buying out and retiring than they were expecting, so they're external looking to. Twenty percent of Southwest Airlines, were for signed up for partially paid extended leaves of absence were outright buyouts, according to Gary Kelly nearly four thousand. Put Your hands up for buyouts were close to twelve, thousand, five hundred expect in extended time off so. They're doing better than they were expecting for South West given given this this news coming out today. Yeah, and it's reported that seventeen thousand represents roughly twenty eight percent of the South West workforce. And there was another a bit of news from. Delta today. as we record this on Monday Delta. Says that two, thousand, two, hundred, thirty, five Delta pilots accepted an early departure package of of one sort or another. so. Yeah I. think that you know when when we see. The Airlines talking about possibilities here of of these layoffs they really are encouraging employees to accept the you know the package and there are wide wide variety of packages out there. Early retirement extended leave at reduced rates I mean there's all all manner of flavors of these things.
Weglot - Make your Website Multilingual in Minutes
"Today I'm going. Be covering a really awesome toll. We Lot W. E. E. G. L. O. T.. And we lot allows you to make your website or websites multi-lingual in minutes, so I had to try it out whenever I whenever I got on their side of had to try it out on the podcast website, and they were not lying. It actually took me about four minutes to allow visitors to toggle between English and Spanish. So what I love about legal is that integrates with whatever. Whatever tech you're using and USE UNSTUCK DOT com for my podcast website, so there wasn't a direct integration, and you know it's still only took me a few minutes integrate i. just had the copy. They gave me like a snippet of the code there and had a copy and paste html header tag so like I said took me four minutes maximum before actually saw it and use And we bought solves many issues that startups in companies face so from a marketing perspective it allows you to easily reach other demographics and an example. Perfect example of this actually saw this morning is a tweet from India. Hackers about how someone doubled their growth by translating their product into different languages. This person they. They had said that struggling to grow. They're trying to enroll channels They were like okay. Let's translate and they literally doubled their growth by translating their product in different languages. So that just goes to show like. If you have a product or you want more traffic on your website, the trend translating it may be the way to go. And then from a developer perspective, they don't have to translate the entire website so. And it's also like not tying you to. To the developer, so at a previous certify work that we hired someone, just translate everything in the Japanese so. was, for cryptocurrencies startup right and it took I. think it took about three months and you know it costs us a few thousand dollars to pay this person to do our website blogs all that stuff, and why would i? Why would someone do this one net? Why would you hire someone whenever you can do it instantly with we got? It's a no brainer so and after speaking with the guys that we got. It is very clear that they focused on the on boarding journey right minimizing the required time to actually see the main value of the product killed. They did a great job, and they really made sure users can translate their website in less than five minutes signing up so whenever I got on and I did it. And I copy and paste each authors test button there. Oppressed test took maybe a minute and thirty seconds, and then it said yet it's good to go, and then I went on my website in right there in the bottom right hand corner was the button and I clicked on it, and I made my website in Spanish so though I cannot speak Spanish It's really cool, so and I actually have ten point. Four percent of my website traffic over the last couple of months has been from Spain, so it was great to see. And add a Spanish translation to my website so I'm I can be more appealing to the Spanish native speakers. So they really did a great job there and we got is used by fifty thousand websites all over the world small businesses, big names, but the main use cases include ECOMMERCE stores marketing. Websites internal Web APPs, and really anything that you want you know I did it for a podcast website, so if you WANNA see the actual product action, check out my website at no code podcast Arco and you'll you know you'll see it there in the bottom right hand corner English you just click on that and needed to Spanish. And that's another thing. They did really well. Is that button in the bottom right hand corner? Like I didn't customize it at all, and they did a really good job of making sure that you know you can see it, but it's also not a nuisance. It's very aesthetic and it. It's not something where you see it and you're like. Oh, I. Don't want that on my website. You know it's they did a really good job of of doing that. In a way that allow people to still have a really acidic and that small button not removed from that,
"four percent" Discussed on KLBJ 590AM
"All I have to do is drop the interest rate to three point five or four percent and many struggle to pay the loan to be able to pay them this is a government make crisis they don't want to help those who need help they'd rather have victims who suffer in their suffering go down the road to serfdom Richard I don't know about much about student loans I do know that I looked at taking out massive loans I had I was looking at after my application process and I was looking at the business school at NYU and the Wharton school of business at university Pennsylvania and I just look at the amount of money I was gonna have to borrow and said I I just don't want to do this I didn't like the idea of having that kind of that amount of debt that bothered me that really bothered me now some people do it and it's well worth the denominator but I also I I hadn't to build up any assets so I was really going to have to be paying them off right away from whatever earnings I had but we all make different decisions what can you do job it's bar good luck with your move I do have to move a bunch I lived in eleven states in several places in each totaling at least twenty seven homes and no and not military take care of your back and your sanity yeah thanks John you know moving is moving is not fun and it's it's not a process that I think you get better at the more you do it's one of the rare one of those rare things that every time you do it it's annoying every time you do with their new problems in new challenges I I can honestly say I have not gotten better at movie I have not established any more skills and being it could add new th the new things different things it all kinds of stuff all kinds of stuff let's see here GNR but what you were talking about truly in Greenland a favorite movie mine came to mind private Benjamin I had our hair when faced with being restaged and as a penalty for calling out sexual abuse the commanding officer wanting her as far away as possible to clear green land her response Greene lands what penguins hello well loved it she ended up in Europe brilliant shield side box I don't know thank you Jeannie I don't know what we're talking about here I don't know what is private Benjamin the movie is a movie producer mark you heard us out of the fence to million but I haven't seen it sounds like and might be one I don't I don't know Pablo Herr Bach I know this will never happen I have an idea for gun control here we go I say incorporate the education system with gun safety courses start in late elementary school fifth or sixth grade with gun safety rules on paper as the children get older have interviews different types of guns I believe this would give children more respect for weapons on a totally different subject watch the Netflix movie the package it's not going to win any awards but is ludicrously Hilarius okay first off thank you for the recommendation I will check that out and as for gun safety courses I I do wish that there were some different offerings in school and I I think it would have been really work what toll of talking before about how I think a a personal finance class people should learn this maybe we should be taught in school what what what we should be doing with money at an early age what compound interest is what it we should we should be taught wealth creation I'm just gonna say it that doesn't mean you rich necessarily just means you have an understanding of how to leverage whatever assets you acquire for maximum financial security even to increase your own personal prosperity I mean I knew people that were working for the government for example and starting in their early twenties they go overseas they bank all their money and they came back and I remember I spoke to a guy who is a contractor for the government overseas he was like in his late twenties and he told me that you know he had put away six figures of the after taxes over the course of his first year being overseas he was investing in things investing in property and I was like I was twenty five or twenty six is it really invest I had no idea some people should learn these things at an early age and and understand and also then they can make better choices about in what what what matters to you what kind of lifestyle do you need to have to be happy we have somebody offered me the ability to do a job that I love but just have enough money that I could pay my bills and and be happy that's perhaps more valuable to me than trying to chase the golden ring of being a really wealthy person but you want to have an understanding of what those different paths are and how you would pursue them and not just fall into things and try to figure it out see we got here friends a bit Aries hit the deck it's Aries friends a better show I've heard a lot of women say that but you're the first and only allegedly street due to say yes that's not a not that there's anything wrong with but either way but whatever friends better shelves cassette which is the more entertaining show that has stood the test of time more yeah I knew that was going to happen Sheik and Kelsey book lover show been listening since just after O. S. assets ever who lives in the smartest guy on radio on it so kind Jake and healthy thank you on your comments from today about Omar and the intersection alley you're right that all those layers exist the force the left wing media backer regardless of what she says or does that is unless we're in Bizarro world and she wore a conservative thought experiment imagine this female Muslim former refugee member of Congress were actually a conservative and a huge Donald Trump supporter how would she be treated then with upon her she'll talk well you look at me a love for example who is a I think she's considered conserves W. Republican as W. G. O. P. and she I believe is the children of Haitian immigrants and she's a I think she'll Mormons on Utah and she never got the benefit from the media of being a female minority member of Congress that was really very little celebration of that because she's on the on the team that they won't support which is G. O. P. eighteen conservative RG that's going to be here for the show my gosh fifteen months in DC that's what it's been fifteen months here but I'll tell you this we are going to be reinvigorated I'm so excited I've got new things that are going to be happening when I get to New York we're gonna be moving show earlier a little bit earlier in the day for those in a podcast listeners which is gonna be really great so all you'll be able listen and drive time if you want to we've got plans to stream the show on video we got all kinds of cool stuff that will be happening so that's that's something look forward to thank you all for supporting me for being so helpful and am wonderful cool one during my time down here in DC it is felt a little bit like a a a a comfortable exile I'm excited to get back to my hometown to the Big Apple the NYC I'm sure I'll.
"four percent" Discussed on NewsRadio 1080 KRLD
"On withdrawing four percent of our account value. Today, I felt inclined to show you how this is not something you can count on. Wouldn't you rather can on guarantees then assumptions wouldn't you rather? Have your retirement based upon an eight percent growth in a lifetime income account that could be used to guarantee your lifetime of income, you could never outlive. Commie now for our free smart money book at eight seven seven five one radio, that's eight seven seven five one seven two three four six. Our plan is based on guarantees not assumptions. Once again, our number is eight seven seven five one seven two three four six. Now let's move away from the numbers for a second and talk about the real problem with the four percent. Withdrawal plan. He say if your plan is to take your pile of retirement money and withdraw certain percentage from it. And at the same time, exposure, money to high risk fees and assumption instead of guarantees, then you have a plan for death, my friend. In other words in order for your mind to last, you the rest of your life, you have to die before you run out of money. Do you know when you're going to die? I hope not guess what? Your broker does not know when you're going to die either. So once again, how you decide how much is too much to take out of your retirement money. The simple answer is you can't if you're using account subject to risk coffees and assumptions imagine the moment that you're about to run out of money, you saved your entire life and some financial planner..
"four percent" Discussed on NewsRadio 1080 KRLD
"Based on withdrawing four percent of our account value. Today, I felt inclined to show you how this is not something you can count on. Wouldn't you rather can on guarantees than assumptions wouldn't you, rather? Have your retirement based upon an eight percent growth in a lifetime income account that could be used to guarantee your lifetime of income, you could never outlive. Call me now for our free smart money book at eight seven seven five one radio, that's eight seven seven five one seven two three four six. Our plan is based on guarantees not assumptions. Once again, our number is eight seven seven five one seven two three four six. Now let's move away from the numbers for a second and talk about the real problem with the four percent. Withdrawal plan. He say if you're planning to take your pile of retirement money and withdraw certain percentage from it. And at the same time, exposure money to how risk fees and assumption instead of guarantees, then you have a plan for death, my friend. In other words in order for your mind last, you the rest of your life, you have to die before you run out of money. Do you know when you're going to die? I hope not guess what? Your broker does not know when you're going to die either. So once again, how you decide how much is too much to take out of your retirement money. The simple answer is you can't if you're using account subject to risk coffees and assumptions imagine the moment that you're about to run out of money. You save your entire life and some financial planner. So that if you take four percent out of your pile of money each year you'll be set for life. It seemed like a good plan. But here you are watching your account and moved to zero and wondering what you're going to do. You suddenly realize that you're solution was based on you dine before you ran out of money, but you live longer than your money. It's an irony, this not.
"four percent" Discussed on NewsRadio 1080 KRLD
"Withdrawing four percent off our account value. Today. I felt inclined to show you how this is not something you can count on. Wouldn't you rather can on guarantees then assumptions, wouldn't you rather have your retirement based upon an eight percent growth in a lifetime income account that could be used to guarantee your lifetime of income? You could never outlive. Call me now for our free smart money book at eight seven seven five one radio. That's eight seven seven five one seven two three four six. Our plan is based on guarantees not assumptions once again, our number is eight seven seven five one seven two three four six. Now. Let's move away from the numbers for a second. And talk about the real problem with four percent withdrawal plan. He say if your plan is take your pile of retirement money and withdraw certain percentage from it. And at the same time exposure money to have risk fees and assumption instead of guarantees, then you have a plan for death, my friend. In other words, in order for your mind last, you the rest of your life. You have to die before you run out of money. Do you know when you're going to die? I hope not guess what your broker does not know when you're going to die either. So once again, how you decide how much is too much to take out of your retirement money. The simple answer. Is you can't if you're using account subject to risk hot phase? And assumptions imagine the moment that you're about to run out of money. You saved your entire life and some financial planner. So that if you take four percent out of your pile of money each year, you'll be set for life. It seemed like a good plan. But here you are watching your account move to zero and wondering what you're going to do. You suddenly realize that you're solution was based on you dine before you ran out of money, but you live longer than your money. It's an irony is not properly.
"four percent" Discussed on NewsRadio 1080 KRLD
"On withdrawing four percent of our account value. Today. I felt inclined to show you how this is not something you can count on. Wouldn't you rather can on guarantees assumptions, wouldn't you rather have your retirement based upon an eight percent growth in a lifetime income account that could be used to guarantee your lifetime of income? You can never outlive. Commie now for our free smart money book at eight seven seven five one radio that's eight seven seven five one seven two three four six. Our plan is based on guarantees not assumptions once again, our number is eight seven seven five one seven two three four six. Now, let's move away from the numbers for a second. And talk about the real problem with the four percent withdrawal plan. He say if you're planning to take your pile of retirement money and withdraw certain percentage from it. And at the same time exposure money to how risk fees and assumption instead of guarantees, then you have a plan for death, my friend in other words in order for your mind last you the rest of your life. You have to die before you run out of money. Do you know when you're going to die a hope not guess what your broker does not know when you're going to die either. So once again, how you decide how much is too much to take out of your retirement money. The simple answer is you can't if you're using account subject to risk coffees and assumptions the magin the moment that you're about to run out of money. You saved your entire life and some financial planner. So that if you take four percent out of your money each year, you'll be set for life. It seemed like a good plan. But here you are watching your account moved to zero and wondering what you're going to do. You suddenly realized solution was based on you dine before you ran out of money, but you live longer than your money. It's an irony. This not.
"four percent" Discussed on NewsRadio 1080 KRLD
"Four percent off our account value. Today. I felt inclined to show you how this is not something you can count on. Wouldn't you rather can on guarantees assumptions, wouldn't you rather have your retirement based on an eight percent growth in a lifetime income account that could be used to guarantee your lifetime of income? You can never outlive. Call me now for our free smart money book at eight seven seven five one radio. That's eight seven seven five one seven two three four six. Our plan is based on guarantees not assumptions once again, our number is eight seven seven five one seven two three four six. Now, let's move away from the numbers for a second. And talk about the real problem with the four percent withdrawal plan. He say if you're planning to take your pile of retirement money and withdraw certain percentage from it in at the same time exposure money to have risk fees and assumption instead of guarantees, then you have a plan for death, my friend in other words in order for your mind last you the rest of your life. You have to die before you run out of money. Do you know when you're going to die? I hope not guess what your broker does not know when you're going to die either. So once again, how you decide how much is too much to take out of your retirement money. The simple answer. Is you can't if you're using account subject to risk phase? And assumptions the magin the moment that you're about to run out of mine, you save your entire life and some financial planner. So that if you take four percent out of your pile of money each year, you'll be set for life. It seemed like a good plan. But here you are watching your account moves zero and wondering what you're going to do. He suddenly realized solution was based on dine before you ran out of money, but you live longer than your money. It's an irony. This not.
"four percent" Discussed on NewsRadio 1080 KRLD
"On withdrawing four percent of our account value today, I felt inclined to show you how this is not something you can count on wouldn't you rather count on guarantees than assumptions, wouldn't you rather have your retirement based upon an eight percent growth in a lifetime income account that could be used to guarantee your lifetime of income. You could never outlive. Call now for our free smart money book at eight seven seven five one radio. That's eight seven seven five one seven two three four six. Our plan is based on guarantees not assumptions once again, our number is eight seven seven five one seven two three four six. Now. Let's move away from the numbers for a second. And talk about the real problem with four percent withdrawal plan. If you're planning to take your pile of retire money and withdraw certain percentage from it. And at the same time exposure money to how risk fees and assumption instead of guarantees, then you have a plan for death, my friend in other words in order for your mind last you the rest of your life. You have to die before you run out of money. Do you know when you're going to die? I hope not guess what your broker does not know when you're going to die either. So once again, how you decide how much is too much to take out of your retirement money. The simple answer is you can't if you're using account subject to risk coffees. And assumptions imagine the moment that you're about to run out of money. You saved your entire life and some financial planner. So that if you take four percent out of your pile of money each year, you'll be set for life. It seemed like a good plan. But here you are watching your account and move zero. And wondering what you're going to do. You suddenly realize that you're solution was based on you dine before you ran out of money, but you live longer than your money. It's an irony does not.
"four percent" Discussed on WMAL 630AM
"Four percent. Total sales were down fourteen percent, the fifth straight quarter of falling sales. But high end housing is still strong says realtor noble black with Douglas element. I think the prices have been resetting, but the market in general is still a lot of people are still holding on to their original pricing. So you're seeing deals that are being done. But it's all a matter of value. And it's hard to say exactly where the value is. We're probably back to twenty thirteen pricing a lot of ways. But the high end frankly is doing the best in New York City of any of the markets right now. Black spoke on CNBC, the housing market Vegas was sizzling in two thousand eighteen but has now slowed a bit thanks in large part to rising mortgage interest rates, according to local real estate brokers, but Vegas remains a very popular place to buy a home says realtor Bob Hamrick. He tells FOX five TV in Las Vegas that. Most of his buyers are coming from California. There's so much that's working in favor of of Las Vegas from a tax standpoint against California, certainly from a pricing standpoint, there's a lot of questions about what's happening with interest rates. What's happening in the overall market? But suffice it to say we're extremely bullish on Las Vegas agents. Tell the TV station that the best time to buy a home in Las Vegas will be in the first quarter of the year since sales always pick up soon after the Super Bowl. The mortgage market is not adequately meeting the lending needs of self-employed households. So says a recent report from the urban institute, researchers found that self employed people who account for nearly ten percent of US households were hit hardest by the housing crisis and have been slower to recover. The urban institute report says factors beyond income such as tougher mortgage availability or requirements of appendix Q are likely at play now in the mortgage application process. Appendix Q is used to determine monthly debt and income coming.
"four percent" Discussed on KSFO-AM
"On a four percent withdrawal guideline i would shoot for eight hundred thousand with a four percent withdraw guideline and most of that withdrawal should be made up of interest in dividends and so a sun some some years you you could get it all from interest dividends and capital gains distributions from noload funds for example so i i would shoot for that as a goal where where are you right now what what number do you have right now toward that eight hundred thousand are you are you talking total assets no i'm talking about what you would consider to be an investment portfolio that would generate potentially general tour down your withdrawal i very low on the actual cash at this point i have i'm including i'm not just talking cash also including stocks and bonds and cds and other investments well that's basically i just have the property and about fifteen thousand cash between savings at and worth what's the value of the property the property's worth approximately one hundred seventy right now but there but they're supposed to be a very nice property value increase with because where i live in arizona there's an interstate coming through and some big businesses coming in so our property values are supposed to go up nicely which area there is that very west end of phoenix buckeye so i said we have one hundred seventy thousand property you think you have some appreciation potential there and you have fifteen thousand in savings and how much time do you have to put this put this money together i'm fifty four so i if i actually waited till i got social security i would i'd have thirteen years thirteen years if you were to put fifty thousand a year away you would've saved six hundred fifty thousand and then you could you certainly could grow that to some degree if you were to put forty thousand a year away for thirteen years you'd have five hundred twenty thousand invested you might have a shot at getting that update hundred thousand it's gonna require a tremendous annual contribution to your investments okay yeah those are the numbers those are the are now now i'm not counting europe a my county what.
"four percent" Discussed on WLOB
"Four percent figure in your view that's certainly gonna be a stretch and it's you know i i would say coming out from the start of tax reform was passed at the end of last year we're not even one month and uh we're seeing a lot of elements that could at least get us close to that if not to that point uh and i think the most significant is the number of companies who are either giving bonuses or lifting wages for the employee base uh and notably walmart said they're gonna lift their wages and when we think about walmart it was not known to be um uh over paying their employees and i would uh i would anticipate bad most of what they pay their employees gets spent and so if they're gonna give them a raise that's the vast majority of that would get spent and that would certainly have an economic multiplier effect that could help drive the economy and growth upwards obviously there was any implication here in in the tax cuts i'm surprised that the private sector is responding so positively to this clearly the implication from republicans to the private sector was uh we we have promised that this in fact would trickle down we're making a big tax cut and if you wanted anything more like this to come down the road and people in office who will be uh friendly to your point of view you'd better come across with bonuses and pay raises no no remember anybody ever actually saying that but the application was pretty clear and again to me i was surprised that the private sector jumped up and said hey we can't wait to start paying out higher wages and bonuses it's unusual we've uh i i would say since the great recession we've seen companies take uh a very fine look at their expense base and boat we've seen as a result of that is you know anemic wage growth for the past decade uh put this tax code what we're seeing is there's folks who will benefit from having a bonus and ground that that's not permanent and there's no expectation that that will be annual but you're seeing a number of institutions increasing the minimum wage that they're paying their employees and we'll be permanent and vow we'll be beneficial uh an and.
"four percent" Discussed on KSFO-AM
"Four percent withdrawal guideline by just using that there may be other years when you will do some liquidation of shares in order to meet that there may be years when you're going to find you of actually exceeded eur four percent withdrawal guideline when you add together you're stock dividends and your interest and your capital gains distributions and you have the opportunity then of simply reinvesting the excess if after all if you have set yourself up that your investment income stream combined with any pension or social security income that you have is going to meet your spending needs than you may have excess income from your investment portfolio and if you're a net happy scenario then you are in a position to take some additional money and put it back into the portfolio is no problem with reinvesting in the port folio after you have achieved all of the investment income that you have set as your objective so these are the thoughts that we use when we put together the notion of of critical mass what is critical mass it is the investment portfolio amount that will allow you in a diverse five portfolio because in retirement ruling to a balanced portfolio it's going to have stock mutual funds usually it's going to have interestbearing investments it's very frequently going to have capital gains distributions we look to this balanced diversified portfolio to generate these disinvest men in common and the reason for that is and you've heard me say this over the years because you never place yourself in a position never ever where you can put your position of having critical mass at risk that's why we invest.
"four percent" Discussed on KMJ NOW
"To the new press releases for peace jeannie let's take a review about what happened to your bill since june first of last year effective june i last year the lowest tier in your pg need bill that means they got everybody it went up twenty four percent twenty four percent the howling you heard in july wasn't celebrating a july fourth it was people in the streets and they were howling about their utility bills they went out massively effective june i last year here then march first of this year march first of this year your bill went up ten percent again that's ten percent again and pg jeannie with the approval of the pa you see they implemented a high usage surcharge here's what that meets in each of your tears you have a certain amount of power that you can use if you go over the baseline rate that they determined for you hear bills are going to go grow up even more and you're going to be hit with a penalty but even know what that's going to look like yet but we know that people are going to be screaming get again when they get there late spring and summer bills folks it's going to be painful there's a lot of fear out there in the marketplace because pg knee rates just keep going up remember if you want to take action you can go a different direction and eliminate those utility bills those electric bills completely remember those high usage surcharges here's what p jeannie has agreed to do they will notify you on your cell phones they will pin them and let you know when you're over the baseline rate and you're going to be hit with that surcharge isn't that nice of them they say right there on the site that if you can serve energy you won't be impacted by this high usage surcharge or by their rates going up folks one way or another your life is going to be impacted you're going to be impacted in your pocket book you're going to be impacted by how much money european to pg jeannie every my or your quality a of life is going to be impacted his you keep going after the break her and flip annette and trying to quit using power your quality lives going to go down folks you got swimming pools to keep the filters running.
"four percent" Discussed on KMJ NOW
"From pg any let's take a review about what happened to your bill since june first of last year effective june i last year the lowest tier hit your pg need bill that means they got everybody it went up twenty four percent twenty four percent the howling you heard in july wasn't celebrating a july fourth it was people in the streets and they were howling about their utility bills they went out massively effective june i last year then march first of this year march first of this year your bill went up ten percent again that's ten percent again and he knee with the approval of the pa you see they implemented a high usage surcharge here's what that meets in each of your tears you have a certain amount of power that you can use if you go over the baseline rate that they determined for you hear bills are gonna go up even more and you're going to be hit with a penalty we even know what that's gonna look like yet but we know that people are going to be screaming get again when they get there late spring and summer bills folks it's going to be painful there's a lot of fear out there in the marketplace because pge rates just keep going up remember if you wanna take action you can go a different direction and eliminate those utility bills those electric bills completely remember those high usage surcharges here's what pg knee has agreed to do they will notify you on your cell phones they will ping them and let you know when you're over the baseline rate and you're going to be hit with that surcharge isn't that nice of them they say right there on the site that if you can serve energy you won't be impacted by this high usage surcharge or by their rates going up folks one way or another your life is going to be impacted you're going to be impacted in your pocket book you're going to be impacted by how much money paying to p jeannie every month or your quality of life is going to be impacted as you keep going after the break her and flip at and trying to quit using power you're quality lives going to go down folks you got swimming pools to keep the filters running.
"four percent" Discussed on 790 KABC
"The studied helpful because they look at seven hundred and seventy two golf and only four percent of those people were considered at risk porn you here so those are the to pull even internet are not griffey addiction art saying that every single person that what's up porn of the porn out act and there's a small percentage of people that really get it to travel and you know suffer and have just rough because the best and what is this so tests test was it is what it has a work well it's it's a reading the alter it came question and so you answer the questions into new ratings and rate how it applies to you and the questions about look that a little toward i'm looking for a way to people prioritize think that i argued prioritize porn in your life he used that to make yourself field better to the extent that causes sexual problems getting wave negative feeling you know managing your mood in other words and then you try to regain fue nada por new option are on fix up all in the history of her gamblers enough the ha like that's a question of common man so there if your question that have people thinking about how often how prove eight there the what happens when they're not looking at it if also they're starting to look out more amount go big or more kind of intense and digits and looking at the wording of this tested it's sort of interest is a very well says i guess what i was thinking is the it's something i've lost in translation i use board to restore the tranquil of the of my feelings i think while that i wish we express that phenomenon that way here we go is just how had a guy has it so but yeah right we get with their what they're going after as you do you use corn to regulate the south regulate definitely and i mean this is not this is not news to most.