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Americas Newsroom

1.03 trialian dollars. how do people cope? >> unfortunately people coping in the wrong ways. depending on their credit cards to fill in the gaps where their cash finishes. what they have to do is start planning better for this. we have to start getting on a budget. using our own money to pay for these supplies. here is the thing. this comes up every year this time, okay? we need to start saving in advance. if we can't cash flow it to fit the bill with our own money and not go further into debt. >> dana: sometimes when you get the list, your son is going into first grade, right? >> kindergarten. >> dana: i don't know what the list is like. as kids get older the kids get longer and more expensive. what do you do when there is peer pressure if they want the special kind of magic markers should you get them? how do you deal with that as a

People , Credit-cards , Gaps , Ways , Coping , 1-03 , Thing , Dollar-budget , Money , Supplies , Planning , Cash-finishes

Your World With Neil Cavuto

>> well, you use the right word, sandra, "mixed bag." earnings actually beat expectations coming in at $1.03 a share. $0.08 better-than-expected. on the revenue side, a mess at $22.33 billion expecting 22.5 billion. a slight mist. let's dig down deep or if we can. if we look at them media entertainment segment of disney, this is linear tv. the actual revenue came in at right at $14 billion. we are expecting 14.4. new mention of the parks. this actually in at the description of parks, experiences, and products if you like where that came in at 8.33 billion. better than estimates. it wasn't really what was happening here in the united states. it was the parks overseas that did a lot better including a singapore where the theme park was open and in shanghai.

Sandra-smith , Earnings , Bag , Word , Share , Expectations , -08 , 0-08 , 1-03 , -03 , Shanghai-disney , Revenue-side

America Reports

the president put out real wages for the average american worker higher than it was before the pandemic, with lower wage workers seeing the largest gains. that's "bidenomics." he's taking credit for what's not actually happening. january 2021, $11.39 an hour was the average hourly earnings. as of june 2023, $11.03. that is lower. the change is $0.36 per hour, a drop of over 3%. >> both of you know this, the economist don't speak in nominal terms, they work in real terms. it's adjusted for inflation. even if we happen to be going up, and inflation is going up faster, that's why we are all poor and losing money. if you think about the way economics works, it's on an inflation adjusted basis. >> i like how you put it, he's taking credit for things that didn't happen. the sad thing for him, of course, nobody buys it

President , Worker , Credit , Wages , Wage-workers , Pandemic , Gains , Bidenomics , Change , Earnings , Drop , 1-39

Jose Diaz-Balart Reports

its fingers and vote on this 100 to 0. it is a real logistical challenge here. today needs to be the day for all that back and forth to avoid flirting with disaster. >> garrett haake and brendan buck, thank you both very much. turning now to the busy holiday weekend as millions of americans get ready to travel. aaa says this will be the third busiest memorial day weekend since 2000 with more than 42 million people expected to travel 15 miles or more. that's a 7% increase over last year. but, one good thing for those driving will be paying less at the pump than last year. gas is down $1.03 per gallon compared to the record high. prices last year. joining us now are george solis at philadelphia international airport and lindsey reiser at penn station in new york city. lindsey, how is it looking there? >> reporter: it has been steady all morning.

Garrett-haake , Brendan-buck , Flirting-with-disaster , Challenge , Vote , Fingers , 100 , 0 , Memorial-day-weekend , Us , Millions , Aaa

FOX and Friends

up over the last, you know, throughout his administration. there's the climate event, the corporate greed, the price gouging, putin price hike, covid and opec plus. >> steve: right. exactly. now, keep in mind, the price of gas would be much lower if this administration did what the last administration did and opened up america's oil fields to production. but they will not do that because they want everybody to drive an electric car. the rnc put out a tweet yesterday said gas prices up 1.03 from where they were when joe biden took office. the average family in america, because of the cost of oil and energy has lost $2,250. you have lost that at your house. because of energy. and when you look at it, the prices are still nearly double what they were during donald trump. >> ainsley: so many people weighing in on this on social media when the president said, you know, or his administration said it was climate change and that was the cause for this. they were talking about davos.

Gas , Price , Administration , Steve-december , Mind , Opec-plus , Climate-event , Last , Greed , Price-hike , Price-gouging , Covid

World Business Report

we'll have a special report we start with the uk economy, because the pound has jumped to its highest level against the us dollar since before liz truss became prime minister back in august. sterling has been trading at $1.21 to the dollar — a hugejump from the record low of $1.03 it hit in the aftermath of that disastrous budget statement in late september. it is still around 12% lower than it was at the start of the year, but some are predicting the worst could be over for the pound. let's talk to gervais williams from the fund managers premier miton here in london.

Special-report , Us , The-uk , Pound , Dollar , Level , Economy , Liz-truss , Prime-minister , Budget-statement , Record , Sterling

BBC News

boosting supply to the economy. tension could arise if they are not quite as optimistic as the government, if they don't believe that it will bring as much growth, they are not going to build it into their forecast and it could lead to their forecast and it could lead to the government having to make big decisions elsewhere to make the finance numbers add up. it’s decisions elsewhere to make the finance numbers add up. it's easy to anic finance numbers add up. it's easy to panic when — finance numbers add up. it's easy to panic when something _ finance numbers add up. it's easy to panic when something dramatic i panic when something dramatic happens and what we have seen is dramatic, particularly with the pound pointed at low of $1.03, but it's now back up to where it was before the mini budget, $1.12 stop how much should we read into the markets? we how much should we read into the markets? ~ :, ~ , :, markets? we talk indeed terms about the markets. — markets? we talk indeed terms about the markets, but _ markets? we talk indeed terms about the markets, but the _ markets? we talk indeed terms about the markets, but the markets - markets? we talk indeed terms about the markets, but the markets are i markets? we talk indeed terms about the markets, but the markets are in l the markets, but the markets are in effect who the government is going to have to borrow money from plug

Making-a-change-isn-t , Economy , Supply , Tension , Decisions , Growth , Elsewhere , Finance-numbers , Something , Mini-budget , Pound , Numbers

BBC News at Six

people are understandably worried about the cost of their mortgage, and the wired cost of living. our economics editor has the latest. friday morning the chancellor kwasi kwarteng unveiled his �*mini—budget�* — big tax cuts funded by a big increase in government borrowing. the ups and downs of the pound in your pocket have been quite something, there was an immediate reaction, in financial markets as the pound sank and uk stocks fell and then on monday morning, the pound continued to sing, hitting a new low against the dollar worth just 1.03. the treasury and the bank of england released statement to try to calm the market, the bank saying it wouldn't hesitate to change interest rate, the treasury said it would publish a plan to tackle debt. mortgage rates began to rise yesterday as offers were withdrawn, a extraordinary interhaven�*t sloan

People , Kwasi-kwarteng , Cost , Mini-budget , Mortgage , Latest , Economics-editor , Cost-of-living , Pound , Markets , Government-borrowing , Something

BBC News

the market roller coaster does not stop. on friday morning, the chancellor kwasi kwarteng unveiled his mini budget, big tax cuts funded by a big increase in government borrowing. the ups and downs of the pound in your pocket have been quite something. there was an immediate reaction in financial markets as the pound sank and uk stocks fell, and then on monday morning, the pound continued to sink, hitting a new low against the dollar worth just 1.03. the treasury and the bank of england released statement to try to calm the market, the bank saying it wouldn't hesitate to change interest rate, the treasury said it would publish a plan to tackle debt. mortgage rates began to rise yesterday as offers were withdrawn, a extraordinary intervention from the international money fund. today, the bank of england made an unprecedented intervention to buy government bonds.

Kwasi-kwarteng , Mini-budget , Tax , Market-roller-coaster , Markets , Pound , Something , Government-borrowing , Reaction , Increase , Stocks , Uk

Breakfast

on any action in november. with the economic fallout far from over, it's shaping up to be a difficult winter for british families and businesses. vincent mcaviney, bbc news. well, let's go now to ben, who is at the bank of england for us this morning. in the building behind you, some important decisions being discussed. yes, some important decisions that will affect all of us, wherever we are in the uk. around this time yesterday, we saw a big fall in the value of the pound against the dollar, it hit a record low of about $1.03, it has since recovered, it is currently at about $1.08 to every pound. but even so, there has been a sharp fall in the value of the pound since friday, when the chancellor announced big tax cuts to boost the economy funded by increased borrowing. that spooked investors, their confidence in the uk fell and

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