Could get out. And from sizzling barbecues to a nice day at the pool. Labor day is celebrated nationwide, but this holiday is actually a day to honor workers. Well look at why this years labor day is more significant than in years past. Live from jack, london square, this is mornington to the nine. Today is monday, september fourth, labor day. And if you have some labor day plans, dont let the cloudy skies here total deter you because Steve Paulson has told us throughout the morning that the fog is going to clear and its going to be slightly warmer today than it was the last couple of days. Mcdonalds is being called out for the prices on its value menu in a now viral tiktok video, a user pointed out that the mcdonalds dollar menu didnt have a single item listed for just 1. It said it shows fountain drinks and frozen beverages were all between 1. 29 and two bucks. Mcdonalds introduced its one, two and 3 menu in early 2018 and offered four items for a dollar back then. Now now those doll
This is Bloomberg Markets asia. Will be looking at the companies and tell you the name and a short while. Upshop 60 in and of the day at 9 . We are about to start this trading session i want to bring up a chart for you. This is the straight terms index. The moving average here. A key been acting as piece. We saw that here. Markets. He local the benchmark gauge up 18 so far so its biggest rise in five years. Tabs. In a moment keeping not doing much of a markup. We have seen pretty much and uninspired reaction here. Picking up from the losses we saw overnight. Youre talking earlier about what difference caps off paramedics when it comes to have an investment. Also questioned what different it makes into the equity market. It is quite clearly seen that stroke. Session,straight looking more moves in terms of the dixon the selloff. We have stocks, but the focus is on the bond market. Euros yields have nikkeind we have the resuming losses. The yen sticking up above 113. Losing about 8 10 of
Sunshine, because it is the shortest day, the winter solstice, so the sun is going to set fairly shortly for many of us. Generally, somewhere between about 3pm and 4pm this afternoon. By tomorrow, those days start to get ever so slightly longer again. This afternoon, this weather front draped through central parts, again. This afternoon, this weather front d 5535} hhraugircefitral parts, again. This afternoon, this weather front d 5555 to iraugircefitral parts, e magma} fruniit ffeej,. 7. 7, 555m 2 fruniit ffi}; j;;; 555i gngsggg quit. i,f;; east. Rims out of i i Northern Ireland. Across Northern England, wales, the south west of mm england, quite a murky night with low cloud and hill fog moving in. A touch of frost across parts of scotland, but generally frost free elsewhere. Tomorrow, we quickly lose the bulk of the rain from wales in South West England. Still a lot of low cloud and murk in the west, especially the coasts and hills. Further east, you are more likely to get some gl
And ibm. The bloomberg dollar index right now down nearly 1 at session lows. On paper, its worst day since march of last year. This after treasury secretary Steve Mnuchin said in davos that a weak dollar helps us, good for u. S. Trade. We see the dollar down on this following a big down your last year. Lets take a look at the fact that was secretary Steve Mnuchin was talking about. The bloomberg dollar index down nearly 1 , its worst year on record. The dollar index, its worst you last year since 2003. The point we want to make here is when we have declines, they come in clubs of twos. A twoyear decline seems pretty fitting even though it is early in the year. Lets take a look at the big movers of the day. Ge down. 2 . This on the news of the sec probe into the company. Recently announced a charged related to the legacy business. Texas instruments down on earnings. Ual, same deal, down on earnings. United continental saying they will be matching pricing. Investors clearly not liking th
12cent tax hike also questioned. The hike is coming into effect just as refineries switch from the high costing summer gasoline to the cheaper winter blend. So you may not notice the tax increase right away. It was an intentional, deliberate way to mask this tax increase to the california motorists. The fact of the matter is the roads are falling apart and getting worse and we need to do something. Reporter so there you have it. Its going to be a real question whether the bump at the pump were seeing today winds up getting flattened at the ballot box. In emeryville, phil matier, kpix5, back to you. You think the gas tax is high . Kpix5s devin fehely is live in san jose with how truckers could feel the brunt of the new taxes. Devin . Reporter yeah, the increase tax on diesel was most dramatic climbing 20 cents from 12 to 30 to 166 increase that many are concerned could send a Ripple Effect through the entire economy. Well someone is going to pay for that gas because its a service. Repor