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Sep 27, 2022
09/22
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madison allworth is with us.cult to get people to come back to work on the subway in this city. >> reporter: very difficult. business owners are asking for a change. not only can you not get customers in the door, it is hard to get employees to come in after business like this what is had by crime. i will bring in the owner of nino's. we are standing not far from where you were when a couple months ago, intruders came in with a gun, you saw that gun? telling what it was like in that moment. >> anytime we think about this. to face the gun, never been before this time. >> reporter: what were you thinking in that moment, you worried about your restaurant but went into survival mode. >> one more chance, to see my loved ones. >> reporter: you and one of your workers, this hostess not only left the restaurant, but left new york city altogether, she does not work at any restaurant in new york city and your son struggles to work here and doesn't want to work here. when you see crime like that would impact does it have on
madison allworth is with us.cult to get people to come back to work on the subway in this city. >> reporter: very difficult. business owners are asking for a change. not only can you not get customers in the door, it is hard to get employees to come in after business like this what is had by crime. i will bring in the owner of nino's. we are standing not far from where you were when a couple months ago, intruders came in with a gun, you saw that gun? telling what it was like in that...
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Sep 20, 2022
09/22
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madison allworth has that story next. ♪ this isn't dry food or wet food. farmer's dog makes it simple to feed your dog real food. it's real meat and veggies. freshly-made. developed with vets. delivered right to your door. that's why dog lovers are choosing the farmer's dog. a smarter, healthier pet food. delivered. visit tryfarmersdog.com and get 50% off your first box of food. if you shop with the walmart app? you know everything you need is right at your fingertips. ♪ so you can spend a little less, to get a little more. to make life a little better. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire stuart: the market is down 370 points, down exactly one hundred on the nasdaq. let me see twitter please, up a little bit, $0.03 higher, 40 one dollars and $0.69, to depose elon musk next week in delaware. lahren is with me looking at other movers and we started with general motors down
madison allworth has that story next. ♪ this isn't dry food or wet food. farmer's dog makes it simple to feed your dog real food. it's real meat and veggies. freshly-made. developed with vets. delivered right to your door. that's why dog lovers are choosing the farmer's dog. a smarter, healthier pet food. delivered. visit tryfarmersdog.com and get 50% off your first box of food. if you shop with the walmart app? you know everything you need is right at your fingertips. ♪ so you can spend a...
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Sep 13, 2022
09/22
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madison allworth, they are very concerned about what is happening on the inflation front.er. >> it is not getting better. the feeling for operating the business, for the customers who can't spend as much, it is a sneaker and leisure shop, they have seen units per transaction go down. when they come in they are buying less items because of soaring inflation adding up to a difficult picture for businesses. 77% say that inflation increased over the last two months so even though you expect to lower inflation report, business owners were not surprised to see that inflation did increase because we have been feeling it. we talked about the increase from inflation 0. one%. for apparel it was one. 2%. what are the things still driving up your costs? >> we are seeing it in terms of inflation to the consumer and impacting us directly, higher fuel costs, fuel surcharges and increase in wages because employees and staff are getting squeezed, so we are seeing it in terms of cost of manufacturing goods where our products are becoming more expensive because it is expensive and it is pass
madison allworth, they are very concerned about what is happening on the inflation front.er. >> it is not getting better. the feeling for operating the business, for the customers who can't spend as much, it is a sneaker and leisure shop, they have seen units per transaction go down. when they come in they are buying less items because of soaring inflation adding up to a difficult picture for businesses. 77% say that inflation increased over the last two months so even though you expect...
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than 12.6 million people are set to fly over the labor day weekend, i'm not one of them but madison allworthinternational airport. what should travelers expect? >> reporter: they should expect not a lot of delays, that's what the airlines are hoping, this summer has been marked by delays and cancellations, labor day weekend the unofficial end of summer, hopefully the unofficial end of that period of time. because of all this we have seen airlines make some adjustments, now some are stepping up to the plate and offering compensation to those travelers who have experienced problems so some of the airlines there's are stepping up, american airlines community, southwest, also us transportation officials they will provide meals for customers, delayed by at least three hours and hotel rooms for stranded passengers if there are delays or cancellations prompted by issues under the airline's control and travelers should still expect some delays this weekend. >> one in 5 flights been delayed on departure. in previous years it was a little less, one in 7 flight so that is 16% increase in the delay rate
than 12.6 million people are set to fly over the labor day weekend, i'm not one of them but madison allworthinternational airport. what should travelers expect? >> reporter: they should expect not a lot of delays, that's what the airlines are hoping, this summer has been marked by delays and cancellations, labor day weekend the unofficial end of summer, hopefully the unofficial end of that period of time. because of all this we have seen airlines make some adjustments, now some are...
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Sep 23, 2022
09/22
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FBC
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madison allworth, is this increase going to be on all shipping rates?ill see an increase in the rate so they will be increasing in january. the rate will jump by 6. 9%. to put that in context, fedex lifted shipping rates by 5.9%, that was the first time in twee 8 years the increase had been above 4. 9%. 9%. you look at another sector, freight shipping expecting to increase to 7.9%. the company wants to make up losses. other ways they are trying to cut spending is by suspending sunday deliveries, closing some offices and grounding planes. the company says they expect to generate 2.2 $22.7 billion in 2023 by doing this and they are itching to turn things around as i mentioned. q1 earnings showed profits fell by 20% from a year earlier and operating income, faster delivery service, 69%. when you look at that it shows americans are opting for longer shipping times rather than paying for speed because they have less dollars to work with. at the same time you see shoppers taking advantage of membership shall stores like costco by buying them in bulk. costco b
madison allworth, is this increase going to be on all shipping rates?ill see an increase in the rate so they will be increasing in january. the rate will jump by 6. 9%. to put that in context, fedex lifted shipping rates by 5.9%, that was the first time in twee 8 years the increase had been above 4. 9%. 9%. you look at another sector, freight shipping expecting to increase to 7.9%. the company wants to make up losses. other ways they are trying to cut spending is by suspending sunday...
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Sep 16, 2022
09/22
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to madison allworth. >> reporter: 100 days to christmas, exciting stuff, good news we can think about the holiday upcoming. when you talk about holidays, the shelves were empty. we talk about shipping, at the port of newark behind me, typically this is when we get the holiday inventory off of these ships but to avoid the problems we saw last year retailers started standing there stuff much earlier. >> in the early summer for the holiday, right now, 20 ships waiting to birth in newark port. i would say it is a better system. the only issues where the labor concerns, railroads, would have been catastrophic again. >> reporter: we avoided that problem so good news. freight strength depends on china which is always at risk of a lockdown whether the 0 covid policy but now things are moving slowly, supply chains looking healthier than we have seen in the last few months, the problem in this holiday season, seems like it is demand with demand falling, got to bring in fedex as we were talking about, missed on earnings, they say demand for shipping is drying up, the shipping giant freezing hiri
to madison allworth. >> reporter: 100 days to christmas, exciting stuff, good news we can think about the holiday upcoming. when you talk about holidays, the shelves were empty. we talk about shipping, at the port of newark behind me, typically this is when we get the holiday inventory off of these ships but to avoid the problems we saw last year retailers started standing there stuff much earlier. >> in the early summer for the holiday, right now, 20 ships waiting to birth in...
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Sep 15, 2022
09/22
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FBC
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madison allworth is with us, you found one renter whose rent double from 2500, to $5000 a month and thismi but it is true. a single mom has her son, $2500, $5000 still figuring out what to do. her new lease in november, she came to her landlord and said can we need in the middle and they said no because they don't have to because demand is so high. i didn't get her on camera because of a situation and how tenuous it is, she doesn't want to leave because her son would be uprooted who just started school but because her situation is not uncommon these days i found someone else going through a smaller situation, we were able to talk to a different miami resident, giuliana has been trying to move out of her parents home for the last year but with rents doubling in some cases she has just given up. >> you just have to continue working hard and cross your fingers for that promotion but until then i'm trying to be patient and take it easy. >> reporter: giuliana is lucky if you don't mind living with your parents or adult children at home because she's living rent-free so she's trying to save fo
madison allworth is with us, you found one renter whose rent double from 2500, to $5000 a month and thismi but it is true. a single mom has her son, $2500, $5000 still figuring out what to do. her new lease in november, she came to her landlord and said can we need in the middle and they said no because they don't have to because demand is so high. i didn't get her on camera because of a situation and how tenuous it is, she doesn't want to leave because her son would be uprooted who just...
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Sep 20, 2022
09/22
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let's go to madison allworth, the real estate market and the number of americans who are backing out of purchase commitments, we are backing out of those and she follows all of this in staten island, new york. >> we are seeing cancellation rates skyrocket. new homes, buyers coming with a lower mortgage rate the takes longer to build and that is when the buyer tries to back out. if he can no longer afford it, skyrocketing, august cancellations at 19%, that is up from 7% last year, people backing out because mortgage rates are not set when the home construction starts. once a rate rises, a house that was once within budget may no longer be within the budget. add that to higher labor costs and higher material costs and you have a messy recipe. >> it is going to create back log and these builders, builders have mortgages, construction loans. it will create a cycle of a media downturn into next year. we are very concerned about housing supply, and 2 million units behind, falling behind half a million housing units, a big concern. >> reporter: mother -- the number of housing starts, new co
let's go to madison allworth, the real estate market and the number of americans who are backing out of purchase commitments, we are backing out of those and she follows all of this in staten island, new york. >> we are seeing cancellation rates skyrocket. new homes, buyers coming with a lower mortgage rate the takes longer to build and that is when the buyer tries to back out. if he can no longer afford it, skyrocketing, august cancellations at 19%, that is up from 7% last year, people...
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Sep 7, 2022
09/22
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we bring in madison allworth, fox business correspondent. a carnival ride drops 50 feet. people are hurt. the carnival people said it was a technical issue. do you think? >> ha-ha-ha. i hope it was a technical issue. i don't know if that makes it better or worse. >> jesse: someone's ex-girlfriend was on the ride running it. >> i love the stomach drop ride. that's one of my favorite feelings. this ises the worst thing that could possibly happen. i wonder if people thought they were dropping, and didn't stop dropping. >> jesse: they loved it, until they crashed. you like that feeling in your stomach, where you drop really fast? >> i do, like the frogger ride. >> jesse: what's the frogger ride? >> down the jersey shore, and it drops you. you get the stomach drop feeling, but you always stop before the platform. >> jesse: "primetime" is going to take a trip to a carnival, and film it, and do all the rides. we're just not going to that carnival. a chimpanzee escaped from a zoo in ukraine. the trainers tried to convince the monkey to come back inside, but nothing worked. he gav
we bring in madison allworth, fox business correspondent. a carnival ride drops 50 feet. people are hurt. the carnival people said it was a technical issue. do you think? >> ha-ha-ha. i hope it was a technical issue. i don't know if that makes it better or worse. >> jesse: someone's ex-girlfriend was on the ride running it. >> i love the stomach drop ride. that's one of my favorite feelings. this ises the worst thing that could possibly happen. i wonder if people thought they...
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madison allworth, how much our families having to pay this year?an they spent last year, $168 more than they spent pre-pandemic according to the national retail federation. they are having to dish out a ton of money to get their kids ready. they are expected to match last year african spending of $37 billion and even with inflation they will match it, maybe not surpass it, people are looking for deals. families are focusing on buying in their budget going off brand when they can. >> a lot of it was the getting the right bookbag, getting the binders, folders, pens, papers, calculators, highlighters so i probably spent a few hundred dollars easily. >> my kids want to go to staples. it is convenient. that tends to be higher. when i am worried what they are doing i will shop around. i will look for walmart is a better option. >> reporter: shopping off brand, when you look at how these name brands have gone up in price, scotch tape over 70%, all of this leading to tough choices, 38% cutting back in other areas to afford getting supplies for school, 18%
madison allworth, how much our families having to pay this year?an they spent last year, $168 more than they spent pre-pandemic according to the national retail federation. they are having to dish out a ton of money to get their kids ready. they are expected to match last year african spending of $37 billion and even with inflation they will match it, maybe not surpass it, people are looking for deals. families are focusing on buying in their budget going off brand when they can. >> a lot...
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madison allworth. >> reporter: i remember when i went back to school it was after labor day.try finish up their school shopping, hit by huge price tags. you look at the cost on average a family is spending $168 more this year on back-to-school supplies compared to 2019 pre-pandemic. families are expecting to pay $864. we spoke to two moms of three kids shocked by the bills they had this year. >> the calculators get you and you have to by 3 scientific accolade is. >> we went to staples and i paid $150, not sure what, was a lot of paper and folders and binders and that was it and it was $150 before i could think about it. >> jennifer did a lot of shopping at discount stores with offbrand prices, when you look at these brand names i've done some arts and crafts, sharpys up 55% in cost from last year, and up 70% and costs. when you look at these prices you understand why families make adjustments to make back to school, 18% say they are working additional hours for back-to-school shopping and 17% are doing by now and pay later and 12% going into debt in order to make sure kids ha
madison allworth. >> reporter: i remember when i went back to school it was after labor day.try finish up their school shopping, hit by huge price tags. you look at the cost on average a family is spending $168 more this year on back-to-school supplies compared to 2019 pre-pandemic. families are expecting to pay $864. we spoke to two moms of three kids shocked by the bills they had this year. >> the calculators get you and you have to by 3 scientific accolade is. >> we went to...