deidre bolton abc news, new york. dion: a warning for u.s. government workers in mexico. a flare-up of violence has led to an a >> he. the specific cities it covers. also -- >> it's just an incredible piece of aviation history. it has played a critical role in the protection of our nation. an event today marked an anniversary at the u.s.s. hornet, the importance and impact it has on naval history. and tourists are in for a treat today. we've got blue skies over the golden gate bridge no fog out there right now. temperatures are going heat up. we have a gorgeous weekend ahead. isle let you know when and where we can hit the dion: developing news, the u.s. embassy has issued a violence alert and a shelter in place warning for u.s. government employees in several mexican cities. it comes after reports of vehicle fires and road blocks and heavy police activity in tijuana, mexicali, rosarito. suspected gang members went on a shooting spree in juarez killing nine people. begun cartel gunman damaged businesses. they have since become a battleground between various gangs. the pen

t "tech check" is up i'm deidre bosa and today unity rejects applovin both stocks dropping on the news "tech check" has the exclusive we'll have john riccitello first, connie is with us all hour welcome. so glad you could join us on this monday morning. >> good to be here. >> do you call it a love triangle between unity, iron source and applovin. they're' mediator and unity saying no. >> the first thing to think about is the fact that apple has released new privacy changes that's the backdrop against which all of this consolidation talk is happening. there's a new thing called app tracking transparency. they're trying to enable certain things to happen within apple in terms of tracking and other things not so a lot of these companies are trying to figure out how to react from that. >> how to monetize. >> how to monetize the biggest thing is apple is trying to figure out if they can take more of a fee of what is happening on their platform. with regards to applovin, think of ads in addition to inventory. do you have as many ads as you can. unity wants more scale and programmability with

our thanks to deidre bolton for that.ai, over to you. >>> now for those hoping to save and squeeze every drop out of summer vacation of 2022, laura ratliff with trip savvy is here with the last-minute labor day travel deals to satisfy everyone's wanderlust without breaking the bank. we were just talking about travel. my family loves it. okay, so first we want to mention all the places we want to talk about have rooms available labor day weekend because that's already a big thing with the holiday weekend and at affordable prices. so let's start with a road trip and a spot in nashville. >> nashville is an awesome spot. the graduate offering a package, just for road trippers. show your gas receipt at check-in and you'll get a $100 credit on your bill. they'll set you up with snacks when you leave and it also includes valet parking, so beautiful, funky floral jewel box hotel and so many fun things to do in nashville. >> if you're going to be driving through tennessee on labor day weekend, you might as well stop at this point.

abc's economic correspondent deidre bolton is breaking it all down for us. good morning to you, deidre. >> good morning, eva. this report is like a time machine. it's bringing us all back to february 2020 in that the u.s. economy recouped all the jobs that it lost during the pandemic. the category that saw the biggest gains in july was the one that was hit hardest during the pandemic, and that is leisure and hospitality. so overall there are now enough jobs in the u.s., which if any worker wants a job, in theory that person can have a job. wage data also released in that jobs report too shows workers are making more money. so salaries up by 5.2%. that's still lower, though, than the pace of inflation at 9.1%, so real wage growth, what americans feel in purchasing power, that is weaker than it was a year ago. it's really difficult to see this kind of job growth and make the argument that we're in a recession, but wage growth is going to worry the fed. fed has three more meetings to go this year. consensus is for three more rate hikes. now, in raising rates, t

de deidre, thanks very much. >>> #complicated twitter has one analyst tells us why it's a few or theks. >> speaking of a murky outlook and the prices fall for the first time in three years. we will break it all down. "power lunch" is back in two minutes. bubbles bubbles bubbles bubbles there are bubbles everywhere! as an expedia member you earn points on top of your airline miles. so you can go see even more of all the world's bubbles. >>> 90 minutes left in trade and we want to get you caught up on the markets. stocks, bonds, commodities and a bountiful twitter. let's start with bob pisani who is at the new york stock exchange are stocks gaining a bit of steam here in the last 20 minutes? >> yeah. just a little bit. the problem is we don't have escape velocity. we're stuck in a range look at the s&p. we've been 4100 to 4300 for several weeks now essentially and what we've got to do is we've got to get through powell's speech on friday and first, we have to get through the nvidia announcement. a lot of the market, frankly, floundering around and marvel will be reporting tomorrow reme

d deidre has the day off nasdaq bounced back in july. is now the time to double down kathie woods thinks so calling it new leadership and breaking down some of her calls within tech. then now heard from a lot of tech heavyweights. some warning of further deterioration in ad spend. others, need to reduce hiring. some areas of consumer weakness. what is the pull-through from earnings this week we'll get uber, lyft, doordash, airbnb and gaming, activision ea and fintech, paypal and block could get insight. jon, 150-plus s&p names. a third of the consumer. today is pivotal. >> yeah. kicks off a pivotal week after another pivotal one. temptation, a lot of big names mega gaps, thinking, this week, no big deal. it is a big deal got, you just mentioned paypal, block, trillio robinhood risk-on names benefiting, had been throughout july, questions about what's going to happen in august and can that momentum continue who knows? guidance here might have something to say about it. i'm particularly interested to see what amd does tomorrow lisa su on "

>> well, nice to be with you, deidre we're really watching the short rates. we've seen in the recent bear market that the stock directions are really paired off the direction of the short rates and voirs that is a calling on the fed. you know, if they are going to be going to 4%, we'll have to see higher short rates but we don't think that they may have to get there. we're just watching the inflation data to give us a died as to which direction we'll go >> so how much of the trend going softer do you have to see? powell says that there will be more pain ahead. >> yeah, and we're watching the components of inflation very carefully. certainly gasoline prices are an important component and it is going in the right direction you know, bit by bit i think that we'll chip away at that big number and get down to a more manageable number very soon. we don't know just how much the fed will actually need to see in order to start taking the pedal off the gas. >> what is the risk that they don't take the pedal off the gas and they overextend and put the economy into a dee

deidre this year.f state making history as the first black candidate to be nominated for statewide office. she is now running a campaign against trump endorsed incumbents governor kim reynolds. deirdre dizzier joins me now. -- former president trump took iowa in 2016 in 2020 -- has received former president trump's endorsement and has when a campaign embracing his policies. what do you make of the political shifts. that have taken place in your state in recent years -- >> i want to thank you for having me. we've been spending a lot of time talking about incumbents. and i feel in these moments it is incumbent upon me to defend democracy -- as you mentioned, i'm running against an individual who has been backed by the former president and not only is she backed by them but the policies -- it's not about the individual. we have more than 90% of our students in the state of iowa who worn ruled in public schools. and our current governor is defunding education right now with only a 1.9 increase over the las

d deidre has the day off nasdaq bounced back in july.down kathie woods thinks so calling it new leadership and breaking down some of her calls within tech. then now heard from a lot of tech heavyweights. some warning of further deterioration in ad spend. others, need to reduce hiring. some a

t "tech check" is up i'm deidre bosa and today unity rejects applovin both stocks dropping on the newsk" has the exclusive we'll have john riccitello first, connie is with us all hour welcome. so glad you could join us on