some of the uncertainties come from phil lowe himself who said to parliament that both 50 and 25 ares meeting. our bloomberg economics is going towards a 25 sites and some of the inflationary pressures of food, energy, housing construction was being transitory. i know that's a bit of a dirty word these days, but we still use it. also, the 225 basis points we have seen so far is still feeding through the economy and could have those significant impacts on house prices and mortgage stretch and we have already seen some evidence of that coming through. likely 50 today, but going forward with a increases for the rest of the year could be 25. shery: could that be the case for our bms then meets tomorrow? paul: it has been a little more hawkish this tightening cycle. out of 22 economists see the rbn lifting rates by 50 basis points as well on wednesday, but the part that had another 50 place -- another 50 basis points expected in november, as some expect to see the cash rate at 4.5 percent of the time 2023 rolls around. at the pressures that new zealand is facing is very familiar. the kiwi

meanwhile tomorrow still mighty warm 60 seventies and low nineties there , phil will be the outside numberdown from one. oh, one. today and then that cooler air mats from the north would drift down. in a suddenly direction and we will cool off on sunday more seasonal tonight . great sleeping weather. santa rosa 51 degrees otherwise pretty much settling into the fifties across the board, antioxidant it out like a sore thumb. it's 62 degrees tomorrow, your daytime highs. nearly seasonal 69 san francisco with the clearance of the skies, high seventies and throughout mountain view, and redwood city, 90 and livermore down five degrees from today. 80 ballet hope venetia martinez rodeo, american kanye, here's your extended forecast. finally, we begin to see that cool down. on sunday seasonal monday, turning downright breezy on wednesday. enjoy your friday night. all right, rhoda. thank you. the italian heritage parade and festival returns to san francisco on sunday. the parade will take place beginning at 12:30 p.m. at the foot of jefferson and powell streets and fisherman's wharf. the parade is

it's like a low found, and ukraine is in moscow, retaliate russian devotee. a phil will stop delivery for what some countries looking to implement a price on all supplies. well hungry for minutes and seeks to maintain energy relations with russia. this quite the question, sanctions and the saudi arabia received a request from the biden administration to late oil production cuts by a month and starting with crucial with.

phil keating thank you, very, very much. "washington examiner" tiana lowe with us. what we've seen in georgia, in pennsylvania, are they moving the needle? in presidential races they deem to get the nation riveted at attention. in a state do they? >> they are clearly moving the somewhat, especially when there is a candidate quality question, right? we saw this with herschel walker who turned in a pretty clean, focused debate performance after having a pretty messy campaign. a lot of focus on the allegation he made ex-mistress of his get an abortion. he looked focus. he looked ready. something clearly democrats have to wait to see if john fetterman can pull off, right? there is a lot of drama over his stroke, whether or not he has aphasia whether or not there is brain damage going on there. about the debates, not just the candidates are sort of fighting for their lives here, even someone like brian kemp. he had a commanding lead over stacey abrams who blew a debate even though the moderators made it clear with siding her. he expanded lead from five points, 10 points.

reports decades low scores in math and reading. congresswoman kat cammack, philr atlanta tourist spots are turning to crime scenes. multiple stash houses were busted steps from a children's museum and park. >> good morning, bill. atlanta police say they found millions of dollars worth of drugs and weapons in at least two stash houses set up in luxury apartment buildings surrounded by tourist areas in downtown atlanta. look at this. this month police say officers raided a condo. inside they allegedly found cocaine, heroin, marijuana and firearms valued at nearly $2 million on the street. that followed this raid of a separate stash house in another luxury building weeks prior saying they seized drugs. they are sitting footsteps away from tourist and family attractions like the georgia aquarium and coca-cola. one next door to the children's museum of atlanta. more disturbing is where police say some of these drugs are coming from. >> clearly this amount of drugs and narcotic seized, we would have to think it deals with cartel. that's cartel weight. to a man on this

now heart less low lives who don't care about their struggles are twisting the knife. philfort myers, florida. >> sad but true. the latest looter arrested down in collier county, convicted felon who was recently fired from his waterfront restaurant, exactly the place where deputies believe three times in two days he returned after dark and looted. stealing 23 bottles of champagne, among other items. looting has been a major concern up and down florida's gulf coast counties, which is why curfew remains in effect after dark. in collier, lee and charlotte counties. the lee county deputies arrested five people accused of looting an outlet mall, high end outlet mall and they were all together lined up and handcuffed on the floor after they were caught. lee county sheriff dive times continue their daily work searching sunken boats and cars for any victims yet to be found, none have, but lee county has the highest hurricane death total of all, with more than 50 killed, most of them from drowning. nearby sanibel island, however, still isolated without a bridge, the only way on or o

was introduced by san francisco's assembly member phil ting ting's office argues that jaywalking is arbitrarily enforced while disproportionately citing lowf color. the bill says an officer can only ticket on the grounds that quote a reasonably careful person would realize there is an immediate of a collision and a new state law is going into effect that limits the use of rap lyrics as evidence in california criminal court cases governor newsome signed this bill making the change the legislation seeks to ensure that the use of an accused person's creative expression will not be used to introduce stereotypes or activate bias against the defendant in court. the controversial practice was criticized earlier this year when rap lyrics were used as part of the alleged evidence in a grand jury indictment in georgia that led to the arrest of hip hop artist young thug and a criminal organization that recently hacked the los angeles public school system released some illegally obtained data over the weekend the la times reports that screenshots of the hack data reveals some social security numbers the district refused to pay a ransom sent by the se

meanwhile low seventies and napa it's 83 degrees in santa rosa, check out there. phil 93 degrees, high pressure has been the key component. it's been encompassing our weather forecast for the past several days. tomorrow's the last day of our warming tread, and then the temperatures over the weekend will begin to go downward as well. this cooler air mass begins to trickle down into our area. yeah, but meanwhile, this pinpoint in your neighborhood forecast for your friday mid sixties beaches mid seventies around the central bay to the low nineties, one more day and to our inland areas, 93 again in fairfield. 90 and throughout the tri valley 84 degrees in san jose, typically your advertised 81 degrees, but the big question everybody has been asking. what about those low clouds? what about the bogged the best day for visibility of viewing the blue angels will be tomorrow. sunday will be pretty much shocked him. we'll have the full forecast and julie and mike that's still coming up. all right. we'll see you in a bit. thanks, roberta. the blue angels took to the skies today

we're looking at historic lows on lease sales for oil, $370 billion climate plan, trying to push people away from oil. philto crude oil production. we're now going to lift sanctions on this thug who runs venezuela instead of you insteag u.s. energy producers to increase production. >> i agree with you, it's ridiculous. when you consider the fact that it seems like president biden is actually following president be ma didmaduro's predecessor's eny policy which was basically running the energy industry into the ground. this is unbelievable. it shows you how disexacted this -- disconnected this administration a is with reality. the reality is that venezuela's a dirty oil producer, a dangerous company. they want to the engage iran again, another dangerous company. the safest source of energy, the cleanest source of energy is at home. i don't understand what they're trying to you achieve. i know short-term our refiners like the heavy venezuelan oil and they would love to get it back because we're losing russian oil. you have to look at the big picture. the big picture is the best energy is at home. maria: the u

phil mattingly joining us from the white house. thank you very much. u.s. unemployment claims have dropped to a three-week low. still feeling the pinch of rising inflation right now. let's discuss this and more with the former treasury secretary, larry summers. larry, thanks so much for joining us. how do you think the federal reserve looks at today's numbers on jobless claims as it tries to get a handle on rampant inflation here in the united states? is the risk the fed potentially could overcorrect? >> look, the fed's got a hard job. all of us have had the experience of taking a shower in some old hotel where there's a long lag between when you turn the faucet and when the temperature of the water changes. and when you're in that situation you turn the faucet and you turn the faucet and nothing happens and then all of a sudden you scalded yourself. and so it's a hard control, any system when your steering wheel is operating with a lag. so certainly anything's possible with the fed. i think the best chance that the fed has of maximizing employment through time is being firm and resolute and realistic about in

the body is not making decisions and so every time we go back we have to prepare extensive low i will let phil respond. why good evening. legal affairs manager the last 3 hearings per of a larger effort that began in 2019. in september of 2020 nonrenewal notices sent out to 316 medallions impeculiaring 257 medallion holders because the earlier classes of medallions pre-k's a sing holder aloud multipulse 316 mediagonal yons. half fixed issues and renewed. 121 of those did in the respond and this nun renewal was final. and lastly 49 appeals were filed. 16 of those were heard before the neutral hearing officer at the mts the balance did in the a pore they were remote they were to the address of record of all of the holders. and finally 8 went before the board of appeals the first heard in october of 2021. it is october of 21 this has been 3 years of efforts. and it is on going. you are playing catch up. right? catch up with what? you are doing some clean up of the medallion system. and so far you got a slug of appeals going through. i guess i was wondering more on a typical year how many of these

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low, is starting to tick higher. so let's get right to the floor show. joining me now are traders sarge guilfoyle and phil flynn. phil, on a day when there are so many headlines serving as cross-currents because we've been down, we were up, and now we're down again, we would often ask at least in our clay aman countdown team room, what would warren buffett be doing? what he was doing this morning may have completely changed this afternoon and then changed again. >> yeah, exactly. i think -- tell you what, he'd say go to dairy queen, get a peanut buster parfait. [laughter] of course, this is warren's kind of market, right? when everybody else is fearful -- liz exactly. >> -- be greedilyty -- greedy, right? you mentioned those comments by fed meister. obviously, i don't think those comments are helpful. i wish they'd allow the market to figure these things out as opposed to the fed trying to signal these moves that we're getting too hot or too cold. obviously, they're still very concern about inflation, and with good reason, right? we're not seeing any signs that it's going down. but the market knows that, right?

presentation today that it is quite long i will go through in of this quick low we want context for the permit program. i want to thank phil concerna the legal affairs manager for the sfmta. and represents a team effort. so there is a lot of staff behind us working on had effort. so -- thank my team. >> and -- i will say, we share the concerns about safety concerns for pedestrians those that are the met vulnerable and that's why we have a permit program that has improved when we had scooter getton. thousands of complates of improper riding. numbers were off the charts. since the permit program you will see when i get into the presentation, come mrinlts a number of toll trips has been reduced dramatically. not to say that there are not a lot of concerns we have to say we have seen a lot of success with our enforcement and have more to go. today i will prosecute void a brief background of the scooter share program and initiatives and next steps. i'm happy to answer questions as we go or toward the after the presentation. i appreciate you are take at this time time to have us here today. >> for our desired out come. these are

low-income individuals are minorities who typically can't afford to pay those tickets. the freedom to walk act as it's called, was introduced by san francisco, san francisco assemblyman philg the governor signed it into law on friday. don't forget some financial relief is coming this week for many californians, thousands of people should receive the first round of inflation relief payments on friday to qualify. you must have filed your 2020 taxes by last october. many californians will get a direct deposit the next round of payments begins on october. 28 debit cards will be mailed to taxpayers who are not set up for direct deposit. the amount of money you get is based on income and the number of dependents you have. >> coming up next on kron, 4 news at 8, another weekend of violence of the east bay. what we're learning tonight about a house party shooting that left 2 high school students dead and 2 others injured. plus, we are a little more than a month away from the midterm elections. we are breaking down one measure that voters can expect to see on the ballot november. the 8th and monday night football is in the best way niners when our sports director jason dumas >> co

phil, ukraine's defense intelligence agency says that russian missile supplies have, quote, fallen below the critical level. the u.s. can't confirm the exact number of weapons, but acknowledges that putin is running low on precision-guided missiles. how can ukraine best use this information to its advantage? >> boy, there's a lot of ways you can gather this intelligence. you look at a strategic level, do we have information coming out of moscow about resupply? are we getting access to reports from prisoners, from russian batteries in ukraine about resupply? you're looking at this from imagery from stuff like the u.s. government version of google earth, what is the resupply rate going into ukraine. what are tactical batteries from the russians saying about resupply? but in terms of helping the ukrainians, not only is there a military piece there, do we see stuff going in there that we can help counter, there is a really big ticket question here that this helps answer -- that is going into 2023, than question about, for example, republican willingness to find the ukraine war, does this indicate anything about the russian capability and will to continue the war? will is the hardest thing to assess in in

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. >> phil, the inflation that we saw, the hot numbers yesterday, that we were just talking about, that supply chain, energy, is it the -- the lowthe trump and biden administration did fiscally is it what the fed did in terms of money supply and the balance sheet? is it all the above? >> certainly, look, it's definitely all of the above. it's both demand and the very strong demand push we've had over the last two years, and the supply chain issues you mentioned. i want to go back to what joe said a little bit earlier in the program about the labor supply there's about 2 or 2 1/2 million workers. people before the pandemic would have been in the labor force and they're still out of the labor force. some of them aren't coming back, we know, that the older workers. but there's at least a million still coming back as health concerns, childcare concerns get resolved. >> how do you rationalize that >> joe, guys, guys, just real quick, i want to report that reuters is reporting that the bbc is saying the uk finance minister has been sacked i just wanted to throw that out there. there's a headline that the bbc is reporting >> sacked, fi