May 27, 2025 • 41 mins
Amy King hosts your Tuesday Wake Up Call. ABC News correspondent Jordana Miller joins the show from Jerusalem to discuss the new aid system in Gaza per U.S. backed group. iHeart national reporter Rory O'Neill speaks on where the ‘perks’ have gone. ABC News White House correspondent Karen Travers talks about Trump delaying tariffs on EU. Bloomberg’s Courtney Donohoe updates us on the latest in business and Wall Street. The show closes with the host of ‘How to Money’ Joel Larsgaard talking about Trump’s proposed no taxes on tips and renting instead of buying.
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Episode Transcript
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Speaker 1 (00:00):
You're listening to KFI AM six forty wake Up Call
with Me Amy King on demand on the iHeartRadio.
Speaker 2 (00:07):
App kf I and kost In HT two Los Angeles,
Orange County.
Speaker 3 (00:20):
That include Good Call You host, Amy Kay.
Speaker 4 (00:33):
It's five o'clock, straight up, good morning. This is your
wake up call for Tuesday, May twenty seven.
Speaker 5 (00:39):
I'm Amy King.
Speaker 4 (00:40):
If you had a long holiday weekend, hope you enjoyed
your time off.
Speaker 5 (00:45):
We got to work. Will's back.
Speaker 4 (00:46):
Hey, you skipped out on us yesterday along the handle.
That's okay, that's okay. That's what holidays are for. Handmaid's Tale.
Don't tell me if you've watched it, because the last episode,
the season and the series finale dropped last night.
Speaker 6 (01:04):
Oh.
Speaker 3 (01:04):
I hope it's good. I hope it doesn't disappoint.
Speaker 5 (01:06):
I hope it's good too.
Speaker 4 (01:08):
I'm not gonna say anything because if you haven't watched it,
there's a lot of like you're like, oh my god,
they did what, Oh my god, they did what?
Speaker 5 (01:14):
Which I love that about the show.
Speaker 4 (01:16):
But I still think the first season of Handmaid's Tale
was probably the best.
Speaker 3 (01:20):
So it was just so creepy.
Speaker 4 (01:21):
It's yeah scary, yeah, yeah, and at some point you're like, June,
how many times can you avoid being killed?
Speaker 5 (01:28):
And why do you keep going back? Well, she's going back.
Speaker 4 (01:30):
Because of her daughter. I know her daughter, Hannah's still there.
But yeah, So if you've seen Handmaid's Tale, don't tell me.
My friend Debbie said, I'm staying up and watching it
and then I'm gonna text you and I'm like, why
would you do that to me? Okay, So Will walked
into the studio and he goes, ooh, and I'm like what.
He goes, oh, somebody left a mask. I think it
was Mark Ronner. Oh, but I was.
Speaker 5 (01:52):
I was at the story yesterday because you know, what
do you do on Memorial there? You go to the store.
Speaker 4 (01:57):
I was at the story yesterday and I was like,
what is going on? There were so many people in
the little strip mall where I was wearing masks and
they were wearing them outside.
Speaker 5 (02:07):
I was like, did you not get the memo?
Speaker 3 (02:09):
Yeah, the outside part I don't get.
Speaker 4 (02:11):
Yeah, but there were several people and I was like,
what is happening with this? Maybe are they Maybe it's
because the cold's going around that I have still that
they're trying to protect themselves don't. I don't know if
you know, you can DM me at Amy K. King'
I don't get it, don't understand it. Also, I don't
know how you spent your Memorial Day. But since we worked,
(02:33):
there was no barbecuing and that kind of stuff. Yesterday
I was in a patriotic move mood and so I
watched Top Gun and Top Gun Maverick.
Speaker 3 (02:43):
Oh fun.
Speaker 5 (02:44):
I love those movies.
Speaker 4 (02:45):
Yeah, it was fun to watch it, and it was
amazing to watch them. You know, forty years later, it's
the first one forty years ago or thirty years ago,
I can't remember.
Speaker 3 (02:54):
I know numbers.
Speaker 4 (02:55):
They're still great. They're still great. Anyway, here's what's ahead
on wake up call. Welcome back to your short work week.
A woman is in critical condition after she was shot
by police following a chase and a standoff that ended
in Woodland Hills. The woman has had surgery after she
was taken into custody late yesterday morning. Three more of
the escaped inmates in New Orleans have been recaptured, one
(03:15):
in Louisiana, the two others in Texas. That leaves two
remaining inmates on the loose. Two students from La County
and one from Orange County will begin competing in the
script's National Spelling Bee today in National Harbor, Maryland. We'll
be cheering on Kamya Bellagie from Notre Dame Academy in
Rancho Park, Oliver Halcott from the Merman's School in Brentwood,
(03:39):
and Sydney Tran from l Rancho Charter School in Anaheim.
Go kids. Some much needed aid is getting into Gaza
things to a US backed relief organization, but Hamas is
warning Palestinians not to take it. ABC Strodana Miller joins
us to explain that. Coming up in just a couple
of minutes. The tariff roller coaster continues. ABC's Karen Travers
(04:00):
has the latest on the proclamation from President Trump that
has stock futures soaring this morning. That's at five thirty five.
Where have all the great perks gone? Remember all the
credit card companies used to have them? Everybody used to
have them. Kfi's Rory O'Neil on why companies are eighty
six ing them and why?
Speaker 5 (04:19):
Oh I said, on why and why that's a double way.
We'll figure it out.
Speaker 4 (04:22):
No tax on tips part of President Trump's Big Beautiful bill,
which is headed over to the Senate. Does Joel Larsgard
think that's a good idea and why millionaires are renting
instead of buying these days.
Speaker 5 (04:33):
That's coming up at the top of the hour.
Speaker 4 (04:34):
Let's get started with some of the stories coming out
of the KFI twenty four hour newsroom. A woman shot
by police after a chase and a standoff in Woodland
Hills is in critical condition. LAPD Detective Megan Aguilar says
officers first contacted the woman in Van Eys yesterday morning
when shots were reported.
Speaker 7 (04:51):
They were able to get a little bit of information
from her, but during that engagement she produced a handgun,
pointed it at herself, and got back in the van.
Speaker 4 (04:59):
She then led lease into a neighborhood in Woodland Hills
where there was another standoff. At one point she got
onto the roof of the van and was holding a
gun to her head. She was shot by police when
she jumped off and ran over to a porch of
a home. A man's been arrested in connection with the
shootings of a fourteen year old boy and two adults
in the Shoreline Village area of Long Beach will Last say.
(05:20):
The boy was shot in the leg Sunday night, a
man and a woman were both shot in the upper body.
Officers say there'd been an argument between a large group
of people near a boat. The guy arrested is the
owner of the boat. Looks like we're going to have
a hot summer in California.
Speaker 8 (05:35):
Noah predicts that much of California will experience higher than
normal temperatures this summer. For June through August, there's a
fifty to sixty percent chance of warmer weather in northern
and eastern California, and a forty to fifty percent chance
along the southern coast. Summer solstice starts on June twentieth,
marking the first day of summer. Dinakodiak KFI News.
Speaker 4 (05:55):
Let's check in now with ABC's Giordana Millerana. So much
needed aid is getting into Gaza, but not everyone's happy
about that.
Speaker 5 (06:04):
So what is going on?
Speaker 9 (06:07):
Well, we're seeing now for more than a week, aid
trucks finally roll into the Gaza strip. Not enough, it
has to be said over and over again. I mean
the average now for the last week since aid was
allowed back in and the Israeli Prime Minister lifted that ban,
we've seen about one hundred trucks go in per day.
(06:29):
That's really a drop in the bucket, right. Gaza's need
somewhere around five to six hundred trucks of aid. That's
what we saw during the ceasefire. So this is way
under what they need. And we're still hearing the Israeli
Prime Minister talk about the new Israeli American system that's
(06:50):
supposed to ramp up and begin in the next several
days to deliver aid directly to the people of Gaza
through several different distribution centers that will be set up
secured by the Israeli Army American private companies there to
distribute the aid directly to gossens. It's an effort really
(07:10):
to undercut Hamas's control of aid then, and by that
we can its grip on the Gaza strip. But having
said all that, this system, which was really supposed to
open yesterday according to the Gaza Humanitarian Foundation, it is
not up and running yet. The site there appears to
(07:33):
be opened, but there's no trucks going in. We're not
seeing gozens come to get aid. In fact, we are
seeing Hamas tell goosens not to go there. They're trying
to spread propaganda saying that the distribution centers are a
plot by Israel to spy on gossens, et cetera, et cetera.
(07:53):
And they're telling people not to go to these distribution centers.
But so far, even the first one that was supposed
to as I said, open yesterday in southern Gaza, it's
still not up and running.
Speaker 4 (08:05):
Okay, And there Jordana's saying don't go to these senders.
Are they threatening the Palestinians or are they just saying, oh,
it's you know, oh that it's not really aid, so
just stay away.
Speaker 9 (08:21):
No, there was an implied threat in one of the
statements from the Hamas Ministry of Interior saying that they
will be you know, people who go will be quote
unquote dealt with. So there appears to be threats that
Hamas is Uh is leveling against people who go to
(08:42):
these distribution centers, which, of course, you know, we have
to remember. You know, we call out the intense air
raids and the air bombing campaigns by the Israelis that
kill far too many civilians. We know it's a problem,
it's been going on throughout the war. We also need
(09:02):
to call out Hamas in times like this when they
claim and we know people are hungry and starving across
the Gaza strip, and they're willfully and intentionally trying to
you know, prevent people from going to get aid to
get food. And that's a problem.
Speaker 4 (09:20):
Yeah, it's an impossible situation for the Palestinian people.
Speaker 5 (09:23):
It's just it's so tragic.
Speaker 6 (09:25):
It is.
Speaker 5 (09:26):
Yeah, go ahead, No.
Speaker 9 (09:29):
It is terrible. I mean they always seem to pay,
you know, the heaviest price the Palestinians.
Speaker 4 (09:35):
Yeah, abcster Donna Miller, thanks so much for the information.
We'll keep an eye on it and hope more aid
gets in. Tucks in, all right, take care, I know,
let's get back to some of the stories coming out
of the KFI twenty four hour newsroom. Investigators have arrested
more of the jail inmates who escaped in New.
Speaker 10 (09:50):
Orleans, finding two in Texas yesterday and one in Baton Rouge.
Eight of the ten inmates who escaped May sixteenth, they're
now back in custody. Many have faced murder charges and
were labeled high risk offenders.
Speaker 4 (10:03):
ABC's Andrew Dimbert says the men crawled through a hole
behind a toilet earlier this month, reportedly using electric hair
trimers to cut through the cell wall. At least nine
people have been arrested for helping them. A US German
citizen has been charged with trying to bomb an embassy
building in Israel. He was arrested in New York on Sunday.
ABC Stephani Ramos says Joseph Neumayer had been in Tel
(10:27):
Aviv before that.
Speaker 6 (10:28):
Authority say Newmeyer arrived in Israel in April.
Speaker 5 (10:31):
He was deported to the.
Speaker 2 (10:32):
US and arrested by the FBI at JFK Airport this weekend.
Speaker 4 (10:36):
He's charged with attempting to destroy the US embassy by
means of fire or explosive. He's facing up to twenty
years in prison if convicted. Nearly thirty people have been
hurt by a mini van that plowed into crowds of
soccer fans celebrating in Liverpool, England. Witnesses say the driver
spread through the crowd lining the parade route, but Assistant
Chief Constable Jenny Simms with my Merseyside Police says they're
(11:01):
not treating it as terrorism.
Speaker 1 (11:02):
You believe this to be an isolated incident and we
are not currently looking for anyone else in relation to it.
Speaker 4 (11:10):
Things escalator when the crowd started smashing the minivan's windows.
The driver hit the gas again, hitting more parade goers.
He is now in police custody. A boat captain in
Florida has been sentenced for shooting and poisoning dolphins. Zachary
Barfield ran a charter fishing boat out of Panama City.
Prosecutors say shot at least five dolphins with a shotgun
(11:31):
and fed poisoned bait to many more between twenty twenty
two and twenty twenty three because he was angry the
dolphins were stealing fish from his clients. At least one
dolphin was killed, others became sick. Barfield was sentenced last
week to a month in jail in a fifty one
thousand dollars fine. Not nearly enough. Can I just say that,
(11:52):
not nearly enough? Oh my gosh, that's so infuriating. President
Trump and House Speaker Johnson are urging the Senate to
make minimal changes to the the One Big Beautiful Bill Act,
which was recently passed in the House. The goal is
to get the bill signed into law by the fourth
of July. Some Republican senators are pushing back. They say
the bill increases the deficit and lacks serious spending cuts.
Speaker 5 (12:14):
A hearing is.
Speaker 4 (12:15):
Set for Thursday over a federal judge's order that temporarily
blocked the Trump administration's ban on international students enrolling in
Harvard ABC Selina Wang says the government is threatening to
take three billion dollars in grants away from Harvard Harvard
and give them to trade schools instead.
Speaker 6 (12:30):
The White House claims Harvard has become a hotbed of
anti American, anti Semitic, pro terrorist agitators, allegations.
Speaker 5 (12:38):
Harvard denies.
Speaker 4 (12:39):
Nearly seven thousand international students attend Harvard. The first locally
born giant pandas in Hong Kong finally have names. They
are Jia and Day Day. I'm not even sure if
I'm pronouncing this right. The cubs had been affectionately known
as Elder Sister and Little Brother. They were born in August,
and the names were announced today in a ceremony theme
(13:00):
park where they live. Their parents and two other giant
pandas that arrived from mainland China last year are also there.
The names were winning suggestions from residents in a naming contest.
Jiazia and Day Day Day Day, They're what I can remember. Yeah,
today the Dodgers. Speaking of day days, Today the Dodgers
take on the Guardians in Cleveland.
Speaker 5 (13:20):
First pitch goes out at three.
Speaker 4 (13:22):
You can listen to all the Dodger games all season
long on AM five to seventy LA Sports and stream
all the Dodgers games in HD on the iHeartRadio app
keyword AM five to seventy LA Sports. Brought to you
by Navian High Efficiency water heaters, boilers and the new
NPF hydro furnace. Learn more at Navianinc dot com. A
(13:42):
seventy year old man has been killed in a crash
with an LAPD SUV and Sun Valley. The crash happened
shortly before two yesterday afternoon on Sataqoi Street.
Speaker 5 (13:52):
The man died at the scene. Two officers were hurt.
Their injuries are not said to be life threatening. The
Palm Springs fertility clinic that got targeted in a car
bombing is set to reopen at a temporary location today.
It's going to be across the street. The clinic on
North Indian Canyon Drive was severely damaged in the bombing
May seventeenth. The bomber was killed.
Speaker 4 (14:12):
Dodgers' first baseman, Freddie Freeman, and his wife Chelsea, have
made a one million dollar donation to Children's Hospital of
Orange County why Well.
Speaker 5 (14:20):
Last year, the.
Speaker 4 (14:21):
Hospital treated Freeman's son Maximus, after he developed a severe
case of gian Barret syndrome. He has since recovered. Let's
say good morning now to kfi's Rory O'Neill.
Speaker 5 (14:34):
Okay, Rory, we all love the perks.
Speaker 4 (14:36):
We like the cash back on our Costco cards, miles
with our credit cards, access to airport lounges, and free
Uber rides with American Express Gold card.
Speaker 5 (14:45):
But the goodies seemed to be going away. What in
the heck is going on?
Speaker 2 (14:48):
Yeah, this essentially is happening because a lot of the
companies that provide the goodie, whether it's that airport lounge
or that hotel or that rental car company, some of
them are looking at what might be a dodgy summer
for domestic travel, and the concern is they might start
to roll back on some of those sweet, sweet premiums.
And you know, some of the experts who look at
(15:10):
the credit card space say, you know, if you are
hoarding these points or you've got to if you've built
up pretty strong balances of points or miles, this may
be the time to cash in. The concern is, if
you have sixty thousand miles, it's a fifty thousand miles
for a free airline ticket. Well maybe they're going to
up it to one hundred thousand miles and you just
missed the boat or the airplan, I guess in that case.
(15:33):
So they're suggesting that you don't hoard points and make
sure that you're using a card that gives you rewards
that you actually want to use. You know, sometimes our
travel patterns change, we fall in love with another kind
of a hotel chain or airline or whatever it may be.
So make sure that if you are using a card
with perks, that you actually have a perk you want.
(15:54):
And the last thing, which is paramount over everything, make
sure you pay the card in full every month.
Speaker 3 (16:01):
Otherwise this deal does not help you out.
Speaker 5 (16:04):
Because you're paying more to get the perks.
Speaker 2 (16:07):
Right, These twenty three percent interest rates pretty much on
average these days for credit cards really just helped the banks.
And you're much better off putting that money on the
credit card balance or paying it off entirely and paying
for the perk separately, of.
Speaker 4 (16:22):
Course, and that's information our very own Joel Larsgard can
get behind. We're going to be talking to him more
about some other fun credit things a little bit later
this hour. So you mentioned the mileage plans and not
to hoard them, and I know that I do kind
of hoard my Alaska Airlines miles. But I've noticed then
that they they'll come out and they'll go.
Speaker 5 (16:42):
Hey, we've made these great new changes right to.
Speaker 4 (16:46):
The mileage plans, and you got to be careful because
those great new changes generally aren't. I know that Southwest
made changes a couple of years ago to theirs. They
used to have, like you fly eight times and then
you get a free ride.
Speaker 2 (16:58):
That's gone well, right, and then look at what's Alaska
and what's the future of that airline and mergers and
who just got bought and who's on top, and so
now what's happening to all this That also adds to
some of the confusion. And look, Southwest is changing again.
Today is the last day you can buy a ticket
on Southwest and still get two free bags to fly.
Speaker 3 (17:20):
That policy started, That policy.
Speaker 2 (17:22):
Ends tomorrow, and then they're going to introduce this basic fare,
which not to be not to denigrate Spirit Airlines, but
essentially they're selling a spirit kind of ticket. It comes
with nothing and you board the plane last. That's how
cheap this fair is going to be from Southwest. And
if that's what you're interested in, good luck to you.
(17:45):
But the Southwest is even going to start assigned seating,
but that's not until fall. The big one to remember
is that the free bag policy. You can buy the
tickets through today and then that's it.
Speaker 4 (17:55):
Okay, I gotta say I like Southwest, but my friend
Debbie and I were just talking about this year. She goes,
I don't think I'm gonna find anymore because they're going
to the super cheap like the not having the assigned
seats has always been, you know, it is what it is,
kind of going to the bargain basement.
Speaker 5 (18:11):
Airlines is just like stop you guys.
Speaker 3 (18:14):
Well it's a race to the bottom, right You're like, yeah,
do I have this card? And why do I have that?
Speaker 2 (18:18):
And maybe you want to start flying, you know, maybe
you want another airline with more of the perks and
you start flying with them. At the same time, some
Southwest credit card users or elite people will be able
to have the free bag, so again, sort of manage
these things more carefully, because look, these credit card companies.
Speaker 3 (18:35):
Are not loyal to you, so why are we loyal
to them? Right?
Speaker 2 (18:38):
So if it means hopping around and finding the best
deal for you, go do it, because they're not going
to do.
Speaker 3 (18:44):
It for you. They don't really reward your loyalty at
the end.
Speaker 4 (18:49):
Hey, Rory, is there anywhere that you know of that
people can find kind of the perks that are still
being offered?
Speaker 5 (18:55):
Or do you just have to search them out?
Speaker 9 (18:56):
Yeah?
Speaker 2 (18:57):
I always like to refer to the Points Guy website.
They dot com. They always seem to follow what's next,
and they're really good on those maximizing points and doing
the crazy stuff.
Speaker 3 (19:07):
But look, I'm more for it.
Speaker 2 (19:09):
Can I just get an upgrade as I fly from
Detroit to Kansas City? I don't need the I get
to fly in the sky apartment of Cutter Airlines?
Speaker 3 (19:18):
No, No, I just want the little perks. I don't
need the big ones.
Speaker 2 (19:21):
And I'm six ft six so anything I can get
to gets me a lot more leg room. That's the
that's the benefit. All snatch up.
Speaker 4 (19:27):
Okay, forget that, I just forgot everything you said because
you said sky apartment on Cutter Airlines.
Speaker 5 (19:32):
I want that.
Speaker 2 (19:33):
Well, that's it's got a shower and it's got yeah,
I mean it's for thirty dollars.
Speaker 3 (19:39):
I think I add a zero, but yeah, really yeah,
it's something crazy like that.
Speaker 5 (19:42):
Okay.
Speaker 3 (19:43):
Well, on that note, welcome back to Radio Amy.
Speaker 4 (19:47):
Absolutely, Kavs roy O'Neil. Thanks so much for the info
check out points guy dot com. That's a great, great tip, Okay,
and inmate had a brief taste of freedom after escaping
from this facility in Silmar for convicts who work on
fire cruise. Thirty three year old Angel Gaola walked away
from the Holton Conservation Camp on Sunday night. Law enforcement
(20:09):
picked him up yesterday morning. He's serving a six year
sentence for second degree robbery and had been working at
the Holton camp since January. The Department of Corrections says
since nineteen seventy seven in California, ninety nine percent of
all inmates who escape have been recaptured. A Pasadena firefighter
who helped fight the Eton fire has been hurt in
a motorcycle crash.
Speaker 11 (20:29):
The Pasadena Fire Department confirms firefighter paramedic Armin Hagopian was
involved in a serious motorcycle crash last Tuesday, he suffered
a severe spinal cord injury and is recovering in the ICU.
Doctors say he has paralyzed from the waist down, with
no indication his condition will improve. Hagopian has been with
the Pasadena Fire Department for more than six years. Daniel
(20:50):
Martindale KFI News.
Speaker 4 (20:52):
A man teaching a teen relative to drive in Laguna
Beach has been killed in a crash Lise. The car
was on the up We're a parking lot of Gelson's
Market yesterday when the driver, who has a permit, went
through a fence barrier and down an embankment. The car
plummeted about forty feet onto the road below and landed
upside down.
Speaker 5 (21:11):
The team drivers survived and was taken to the hospital.
Speaker 4 (21:14):
Millions of Americans have taken a hit to their credit
score because of delinquent student loans.
Speaker 12 (21:19):
The Federal Reserve Bank of New York analysis shows credit
scores dropped more than one hundred points for over two
million delinquent student loan borrowers. Scores fell one hundred and
fifty points or more for more than a million in
the first three months of twenty twenty five. It's similar
to the sharp drop that follows a personal bankruptcy filing.
Researchers said about two million of those previously had favorable
credit scores and would have qualified for car loans, mortgages,
(21:41):
or credit cards before the delinquencies were reported.
Speaker 3 (21:44):
Mark Ronner KFI News.
Speaker 4 (21:46):
Your smartphone might really make you smart, Go Figure ABC.
Sherry Preston says that's the result of a new study
published in the journal Nature.
Speaker 5 (21:56):
Human Behavior.
Speaker 13 (21:57):
Scientists study more than four hundred thousand adults with an
average age of sixty nine and found those who engaged
with digital technology on smartphones, tablets, or computers had a
fifty eight percent reduced risk of cognitive impairment.
Speaker 4 (22:10):
She says possible reasons why are that the challenge of
adapting to new technology stimulates your brain and that technology
can help you connect with others. Police now say more
than a thousand people were in some way involved in
Saturday night's chaotic events on the streets of downtown LA.
The group sprayed a police car with graffiti, also sprayed
(22:32):
businesses and a metro train. They also blocked metro tracks
for a time. Mayor Bass says the people were recruited
for the party at a vacant warehouse. Online shouts of
joy turned into shrieks of terror as a minivan plowed
into a crowd of Liverpool soccer fans who were out
celebrating the city's Premier League championship. Forty five people were hurt,
(22:54):
including at least four children. Four of the victims, including
a child, were trapped under the van, and firefighters had
to lift the van off to free them. A fifty
three year old man's been arrested. Police say they believe
he acted alone and this is not being investigated as
an act of terror. Noah has predicted a hotter than
normal summer for California from June through August. Forecasters say
(23:14):
there's a fifty to sixty percent chance of warmer than
normal weather for northern and eastern California, and a forty
to fifty percent chance it'll be hotter than normal in
southern California. The first day of summer is June twentieth.
At six oh five, it's handle on the news.
Speaker 5 (23:30):
Bill is back.
Speaker 4 (23:32):
I bet you he's going to have a thing or
two to say, and he's probably really depress because Cosco
was closed yesterday. Let's say good morning now to ABC's
Karen Travers. So, Karen, I don't know if you remember
these old the old ads. They were EF Hutton ads,
and they said, when EF Hutton talks, people listen. So
now it's kind of like when President Trump talks, the
(23:53):
stock markets listen.
Speaker 6 (23:56):
Yeah, yeah, I mean, and we'll see what the reaction
is today. There was some relief that there wasn't going
to be at the end of this week a fifty
percent tariff on the EU, but the threat is still
out there. The President has said that this is a
pause until July ninth, so negotiations can take place. But
you know, we've heard this booker from the President before,
(24:18):
where there's a significant tariff that threatens and then you know,
in some amount of time he backs off of it
to talk about negotiations. And this one was a forty
eight hour threat. So it was kind of like, oh,
we're getting threats, blink, and you missed it because it
was a holiday weekend. But we'll see that what the
Wall Street reaction is today, and we'll also see where
the negotiations go.
Speaker 4 (24:39):
Now.
Speaker 6 (24:40):
Between here and July ninth, the president's trade representative was
meeting with his European counterpart on the phone, yesterday. The
Commerce Secretary also had a conversation. The President spoke with
the EU Commission leader Ursul Evanderland on Sunday, and that's
what prompted the delay until July ninth. So the President
was also out last week if there was anything the
E could do to avoid these tariffs, and he said,
(25:03):
I don't know. We're going to see what happens. So
you know, stay tuned for what this will look like
now in terms of negotiations and how hard ball the
president plays in the coming weeks.
Speaker 4 (25:14):
Yeah, and Karen, when he did that forty eight hour
panic button, that was because I believe and correct me
if I'm wrong. Didn't he say we're going to put
the tariffs on because negotiations aren't going anywhere.
Speaker 6 (25:29):
Yeah, exactly, you know, and it was to spark a
progress in the negotiations and our shore Vanderlaine had said
that Europe is ready now to advance talk swiftly and decisively.
The President said, we'll rapidly get together and see if
we can work things out. So, you know, you light
a fire by threatening such a sweeping tariff like that,
and maybe the conversations can move forward. But you know,
(25:52):
remember too, we're also in this ninety day pause at
this point. On the other big round of terrifts, the
President had announced early April, then a week later had
put on pause so they can negotiate trade deals. Besides
the UK, there hasn't been an announcement at this point
of another trade deal. There was talk about progress with
one with India, maybe South Korea, Japan or Vietnam, but
(26:15):
we haven't heard that yet and we'll about halfway through
that ninety day period.
Speaker 5 (26:19):
I swear I need a flow chart to keep track
of all of this stuff. ABC's Karen Travis, you have
many documents that you do.
Speaker 4 (26:26):
ABC's Karen Travers. Thanks so much for the update. Appreciate it.
Speaker 5 (26:30):
Have a great day, all right, you too. Yeah, my
head is just spinning on the what's on, what's off?
Speaker 4 (26:35):
How much? How what's pausing? Wait, that's paused, But we're
still going to do this one.
Speaker 2 (26:41):
Yeah.
Speaker 4 (26:41):
I would imagine people with much bigger brains are keeping
track of this. Speaking of people with bigger brains, let's
check in with Bloomberg's Courtney Donahoe.
Speaker 5 (26:49):
Get in your business now, Courtney.
Speaker 4 (26:52):
We were just talking about the tariffs and how the
President saying, hey, we're putting a pause on those until July.
Is is promising to start the stock market out in
a positive light this morning, Yes, no doubt about it.
Speaker 7 (27:06):
Anytime that there's any sort of we're going to delay things,
we're going to move it forward or it's not going
to happen, and we end up seeing the markets higher.
Good morning, by the way, Happy Tuesday. So traders are
back in the office today and we're seeing things popping higher.
Looking at the Dow right now, it's up five hundred
and four points. But it was a much different story
(27:27):
on Friday because the major benchmarks saw major losses because
Wall Street was rattled by threats to impose aggressive tariffs
on Apple and also.
Speaker 5 (27:37):
The European Union.
Speaker 7 (27:37):
But it seems the European Union is now back at
the table accelerating these trade talks too.
Speaker 5 (27:43):
The Dow fell two hundred and fifty six points the
other day.
Speaker 4 (27:46):
I'm okady and so Trump backed off his trade tariffs
against the EU. But has he said anything more about
the Apple tariffs.
Speaker 7 (27:54):
No, and Apple's been undergoing some significant issues of late.
It actually was reported that he used to be Tim
Cook used to be one of President Trump's favorites but
President Trump asked a bunch of CEOs and said, hey.
Speaker 5 (28:12):
Do you want to come with me on my trip
to the Middle East? And he said no. So it
ends up being a little bit of a hit lately.
Speaker 7 (28:21):
And I mean, we have this demand, they want, this
demand for Apple to make iPhones in the US, but
it's going to be quite difficult for them. I mean,
some estimates have it that it's going to cost about
thirty five hundred dollars of an iPhone, is right, because
labor are.
Speaker 4 (28:39):
Like a minimum of thirty dollars no hour probably to
make it in the US where across the you know
wherever it's being made now mainly in China, right yet,
but it's a dollar.
Speaker 5 (28:49):
Too, yeah.
Speaker 12 (28:50):
Yeah.
Speaker 7 (28:50):
And also they say they don't have the engineering know
how here in the United States compared to their So
there's that's a big difference. So the demand and this
real big challenge to the company and the supply chain
has been concentrated in China for years and to be
able to move a supply chain in any sort of
way for any sort of company is going to be
(29:12):
quite difficult because they have the suppliers, they have the manufacturing,
they have the engineering, know how they are not as
much here.
Speaker 4 (29:20):
Tariffs are hitting another retailer. We were talking about tariffs earlier,
but this time it's Claire's.
Speaker 7 (29:27):
Yes, the tween accessory store that my daughter absolutely loves.
So they're consulting with some financial advisors on way to
shore up their finances. The mall staple is confronting higher
import costs. Obviously the deteriorating outlook for consumer spending. People
are a little more worried holding onto their wallets. But
the company heavily depends on China to source its merchandise,
(29:49):
and it's merchandise not so expensive so tweens can afford it.
But Claire's has more than twenty seven hundred locations across
seventeen countries, and I haven't stepped foot in one in
about twelve years, well except for my st Okay and
really Quick. McDonald's is calling it a rap on its
new beverage.
Speaker 13 (30:08):
Yeah.
Speaker 7 (30:09):
Well it's a beverage brand and it's called Cosmics, and
it opened up in a bunch of locations, not many,
but they wanted this experimental spinoff two years ago to
compete with the soda chain Swig. Many people have seen this.
They're not as popular on the East Coast, but you
see it on Real Housewives.
Speaker 5 (30:27):
I've never seen Salt Lake City.
Speaker 7 (30:29):
Yeah, it's this dirty soda trend where people take soda
and then they add milk.
Speaker 5 (30:35):
To it or different syrups. It's a little it seems
a little much. I don't know. I couldn't do it.
Speaker 7 (30:40):
But this chain had specialty lemonades and teas, blended beverages,
iced coffees.
Speaker 5 (30:46):
Was the store so thetaurant front.
Speaker 7 (30:49):
Yes, it was a store about and they only had
a couple of them, not many of them, because they
wanted to see if this pilot would take off. But
now they say they're going to take lessons from cosmics
this brand and then applied to their own restaurant. So
try to bring these specialized coffees into McDonald's. Okay, So
wasn't so successful. I don't think we're missing much on
that one. At thirty so doesnomic think?
Speaker 5 (31:11):
All right?
Speaker 4 (31:12):
Getting in your business with Bloomberg's Courtney don Hojo as
we do every day, and we'll talk to you again
tomorrow at five point forty. Definitely see you later, all right,
Thanks Cortney. Let's get back to some of the stories
coming out of the KFI twenty four hour newsroom. The
city of La has fallen well short of state mandated
housing goals, and new report shows there were seventeen thousand
housing units built in twenty twenty four. That's just thirty
(31:34):
percent of what state regulators are requiring. State law requires
LA to build four hundred and fifty six thousand new
housing units each year between twenty twenty one and twenty
twenty nine. Roughly one hundred eighty five thousand of those
must be affordable housing units. A person's been hurt in
a car to car shooting and Compton. The driver was
on the seven ten freeway yesterday afternoon when he was
(31:56):
reportedly hitting the leg. LA Kenny Sheriff's deputy say the
man got off off the freeway and pulled into a
gas station at a laundro Boulevard and Atlantic Avenue to
ask for help.
Speaker 5 (32:05):
He was taken to the hospital. No word on why
shots might have been fired.
Speaker 4 (32:10):
The Assemblies passed a bill making it illegal for state
lawmakers to sign non disclosure agreements when handling taxpayer money
or creating laws.
Speaker 8 (32:18):
The bill prevents lawmakers from keeping information secret, with penalties
potentially including misdemeanors or felonies enforced by local district attorneys.
Speaker 5 (32:26):
The bill will now be considered by the state Senate.
Speaker 4 (32:28):
Dinacodiac kf I news A dozen illegal immigrants have been
picked up in Long Beach after getting a ride up
from Mexico on a pleasure boat. The group was arrested
early yesterday morning. Customs and Border Patrol officials say they
spotted the group traveling up the coast from Mexico to
Long Beach, all twelve our Mexican citizens. A series of
small earthquakes has rumbled off the coast of northern California.
(32:51):
The US Geological Services A four point one magnitude quake
hit at one seventeen a m. Yesterday, with the largest
of the quakes a four point five or a few
seconds later. At least four more quakes rattled the area
through the early morning. W NBA superstar Caitlin Clark is
going to be out of action for at least two weeks.
The Indiana Fever says she has a left quad strain.
(33:13):
This will be the first time Clark has been out
of action since starting her w NBA career. She played
every game in her rookie season last year. Let's say
good morning now to the host of How to Money
on KFI every Sunday. It's Joel Larsgard.
Speaker 14 (33:28):
Morning, Joel, Morning Amy.
Speaker 4 (33:31):
We have been talking about the Big Beautiful Bill that
includes no taxes on tips, and so we wanted to
dig into that a little bit and find out one
if you think that's a good idea, and then talk
about tipping in general, because it's really well, it ticks
me off.
Speaker 14 (33:47):
Yeah, the Big Beautiful Bill, there's still like, you know,
how's it going to shake out, And there's a lot
of stuff in it to kind of parse through, and
it's going to impact all of our personal finances based
on you know, how things actually shake out in the end.
And the note tax on tips is one of the
most interesting things to me. And it was a proposal
(34:08):
that seemed like it was kind of a by the
seat of the pants, you know, spur of the moment
sort of thought from President Trump on the when he
was campaigning. And then you remember, if if you remember correctly,
the Kamala Harris campaign said yeah, they're like, yeah, we
think it is a great idea too. So it's like
a political as a political tool, it makes sense, right,
(34:29):
you're catering to a certain voter class. As a actual
policy being implemented, I think there's a whole bunch of
opportunity to really like swing and miss, and so I
don't love the idea of saying, hey, this is a
particular way you earn your income, and because of that,
we're going to we're not going to make you pay
(34:50):
taxes on this particular kind of income. Same think about
somebody who's like a landscaper or something like that, and
maybe they earn a similar amount of money per hour
or but their income is going to be taxed at
regular ordinary income tax rates, unlike somebody who's let's say,
working in the service industry. And so I think it
will incentivize people to consider different jobs. And I think
(35:13):
it will also incentivize different businesses to maybe pay their
employees less and try to rely on tips more and
talk about, hey, this is actually going to help your
tax bill in the end. It's also interesting because a
lot of the people in some of these industries who
rely on tips in a lot of ways, well, they're
not paying much in taxes on those tips anyway.
Speaker 5 (35:33):
So I get because because they're cash, so they're not
claiming them.
Speaker 14 (35:36):
All well that and also because they don't make enough
money maybe over the standard deduction to say that there's
a meaningful tax levied against the income that they're making
from tips. And of course cash tips are supposed to
be reported to the IRS, but we all know that
doesn't happen all the time.
Speaker 4 (35:53):
And then with the servers, they're traditionally not paid very well,
like have really low base salaries, right, you rely on
the tips, whereas a gardener may have a higher hourly
rate but not get the tips.
Speaker 3 (36:09):
Right.
Speaker 14 (36:09):
And but the thing is, at the end of the day,
their income could be roughly the same and one person
pays less tax because of just the classification of their income.
The other thing I think this is going to do,
and we've seen you alluded to this at the very beginning.
People are already kind of frustrated with tipping culture in
the United States. And I'm not I'm not like a
Europhile or anything like that. I don't want I don't
(36:29):
want to necessarily turn into Europe. But that's one of
my favorite things about about Europe is that the servers
and workers in restaurants and they get paid just a
regular wage that they agree to work for and then
tips are off the table. And I like that just
as a as a consumer, as a customer, and I
think more this is actually going to incentivize tipping culture
(36:52):
to go off the rails even more, and so I
think there's just a hole. It reminds me of even
just with the tariffs, And I'm saying, well, with tariffs,
this is going to incentivize, like on the hardware and
on the goods, we're going to pay a tariff on
that stuff. Well what if instead companies can get you
to pay a subscription and charge you less for the
actual device ahead of time, and so we're already in
(37:13):
this amped up subscription economy. Well, tariffs are going to
increase that the same thing is true, I think of
no taxes on tips. If this goes through in the
final big beautiful Bill as it's being called, then it's
only going to incentivize tipping culture to tilt heavier in
that direction, and we as consumers are going to be
even more frustrated. Well, when are we supposed to tip?
Speaker 3 (37:33):
How do we know?
Speaker 14 (37:34):
And is the company like pulling a fast one on me?
Increasing like you know, higher suggested tip amounts and I'm
actually paying less for the good because I'm tipping more.
It's going to just make things even more difficult, I
think for consumers to parse, and.
Speaker 4 (37:47):
I will tell you in Europe it is frustrating because
Americans are used to tipping and they're like, yeah, you
don't have to, but there is sort of this should
we and there when we were googling it because we
were just over in Paris in London and they were like, well,
if you want tip, you know, like a pound or
two in London is good.
Speaker 5 (38:02):
We're like, on how much of a bill you know,
like you really don't know.
Speaker 4 (38:07):
It's very It's turned into a very ambiguous thing, even
though tipping isn't necessarily expected, whereas here it's absolutely expected.
Speaker 5 (38:15):
And I think that the tipping rate is getting a
little out of control.
Speaker 14 (38:18):
Well I was I was ordering a pizza the other
night and I ordered it and I was gonna go
pick it up, no delivery or anything, and there was
a suggested twenty or twenty five percent tip, and I'm like,
this is this was not what it used to be.
Like Like when I'm more than okay to tip my
server twenty twenty five percent, when I'm going on to
eat and they're waiting with you to get service right,
but then when you order it the counter and then
(38:39):
you come pick up your stuff, or you order something
and you go pick it up yourself. The fact that
there are these really high suggested tips, this is just
this just blurs the lines even more. And I think
you as a consumer, as an individual, need to have
an idea of what you're willing to tip and what
you're willing to tip. For If I go out and
get a coffee and they handcraft it for me, I'm
willing to tip a buck or a beer saying like that.
But you just have to kind of know ahead of time, Hey,
(39:00):
how much am I going to tip on this pizza
where I'm paying a lot for the pizza and then
I'm not necessarily tipping somewhere they're not serving me.
Speaker 3 (39:08):
So do I tip?
Speaker 14 (39:09):
How much?
Speaker 3 (39:09):
Do I tip?
Speaker 14 (39:10):
And I think you have to have an idea ahead
of time what you're willing to tip so you don't
feel guilted into tipping more than you expected in the moment.
Speaker 5 (39:16):
And that's the thing that really ticks me off about it.
Speaker 4 (39:18):
I don't know how you feel about it, but that
they show you the screen, and they know that it's
a tipping screen. And if you go to custom and
do a zero and even some of them go and
here's the place to leave a tip. I'm like, how
dare you say that to me? I mean, it's just infuriating.
It's the world doesn't do anything for me at all,
except like, well, like a Dodger statum, and I love
(39:41):
Dodger statium. But when they open a beer can for
me and then they say, here, do you want to
do an eighteen percent tip?
Speaker 14 (39:46):
I'm like, no, right on the on the fourteen dollars beer,
now eighteen dollar beer?
Speaker 3 (39:51):
Oh hateen?
Speaker 5 (39:51):
Yeah, sorry, I underestimated, don't get me started. Joel Lard's Guard.
We ran out of time.
Speaker 4 (39:56):
We didn't get to talk about renting instead of buying
for millionaires. Maybe we can that un till next week.
Speaker 3 (40:01):
That sounds good, all.
Speaker 4 (40:02):
Right, Joel Larsguard. You can hear him every Sunday noon
to two right here on KFI. The show is called
how to Money, and you can follow him for great
financial advice at how to Money. Joel, Thanks Joel, Thanks,
Amy ran out of time. You know what, remember how
Neil Savager got all bent out of shape? Yesterday when
(40:22):
we were talking about bringing meat up to room temperature.
Speaker 5 (40:26):
Oh well that's okay. Well you were here we.
Speaker 4 (40:29):
Were talking about that, and and Neil got all hot
under the collar. And that's how I am on tipping.
I'm so over tipping. And I don't mind tipping for
good service.
Speaker 9 (40:39):
I like it.
Speaker 4 (40:40):
Actually, I'm like, you know, hey, thank you for that
great service. But the expectation is what kind of chaps
me and those screens And there's screens more than anything else.
Ye don't get me started. Okay, Thank goodness, the show
is over right.
Speaker 5 (40:54):
Okay.
Speaker 4 (40:55):
This is KFI and kost HD two Los Angeles, Orange
County Live. I'm the KFI twenty four hour Newsroom. I'm
Amy King. This has been your wake up call, and
if you missed any wake up call, you can listen
anytime on the iHeart Radio app.
Speaker 1 (41:08):
You've been listening to wake Up Call with me, Amy King.
You can always hear wake Up Call five to six
am Monday through Friday on KFI AM six forty and
anytime on demand on the iHeartRadio app.
You're listening to KFI AM six forty wake Up Call
with Me Amy King on demand on the iHeartRadio.
Speaker 2 (00:07):
App kf I and kost In HT two Los Angeles,
Orange County.
Speaker 3 (00:20):
That include Good Call You host, Amy Kay.
Speaker 4 (00:33):
It's five o'clock, straight up, good morning. This is your
wake up call for Tuesday, May twenty seven.
Speaker 5 (00:39):
I'm Amy King.
Speaker 4 (00:40):
If you had a long holiday weekend, hope you enjoyed
your time off.
Speaker 5 (00:45):
We got to work. Will's back.
Speaker 4 (00:46):
Hey, you skipped out on us yesterday along the handle.
That's okay, that's okay. That's what holidays are for. Handmaid's Tale.
Don't tell me if you've watched it, because the last episode,
the season and the series finale dropped last night.
Speaker 6 (01:04):
Oh.
Speaker 3 (01:04):
I hope it's good. I hope it doesn't disappoint.
Speaker 5 (01:06):
I hope it's good too.
Speaker 4 (01:08):
I'm not gonna say anything because if you haven't watched it,
there's a lot of like you're like, oh my god,
they did what, Oh my god, they did what?
Speaker 5 (01:14):
Which I love that about the show.
Speaker 4 (01:16):
But I still think the first season of Handmaid's Tale
was probably the best.
Speaker 3 (01:20):
So it was just so creepy.
Speaker 4 (01:21):
It's yeah scary, yeah, yeah, and at some point you're like, June,
how many times can you avoid being killed?
Speaker 5 (01:28):
And why do you keep going back? Well, she's going back.
Speaker 4 (01:30):
Because of her daughter. I know her daughter, Hannah's still there.
But yeah, So if you've seen Handmaid's Tale, don't tell me.
My friend Debbie said, I'm staying up and watching it
and then I'm gonna text you and I'm like, why
would you do that to me? Okay, So Will walked
into the studio and he goes, ooh, and I'm like what.
He goes, oh, somebody left a mask. I think it
was Mark Ronner. Oh, but I was.
Speaker 5 (01:52):
I was at the story yesterday because you know, what
do you do on Memorial there? You go to the store.
Speaker 4 (01:57):
I was at the story yesterday and I was like,
what is going on? There were so many people in
the little strip mall where I was wearing masks and
they were wearing them outside.
Speaker 5 (02:07):
I was like, did you not get the memo?
Speaker 3 (02:09):
Yeah, the outside part I don't get.
Speaker 4 (02:11):
Yeah, but there were several people and I was like,
what is happening with this? Maybe are they Maybe it's
because the cold's going around that I have still that
they're trying to protect themselves don't. I don't know if
you know, you can DM me at Amy K. King'
I don't get it, don't understand it. Also, I don't
know how you spent your Memorial Day. But since we worked,
(02:33):
there was no barbecuing and that kind of stuff. Yesterday
I was in a patriotic move mood and so I
watched Top Gun and Top Gun Maverick.
Speaker 3 (02:43):
Oh fun.
Speaker 5 (02:44):
I love those movies.
Speaker 4 (02:45):
Yeah, it was fun to watch it, and it was
amazing to watch them. You know, forty years later, it's
the first one forty years ago or thirty years ago,
I can't remember.
Speaker 3 (02:54):
I know numbers.
Speaker 4 (02:55):
They're still great. They're still great. Anyway, here's what's ahead
on wake up call. Welcome back to your short work week.
A woman is in critical condition after she was shot
by police following a chase and a standoff that ended
in Woodland Hills. The woman has had surgery after she
was taken into custody late yesterday morning. Three more of
the escaped inmates in New Orleans have been recaptured, one
(03:15):
in Louisiana, the two others in Texas. That leaves two
remaining inmates on the loose. Two students from La County
and one from Orange County will begin competing in the
script's National Spelling Bee today in National Harbor, Maryland. We'll
be cheering on Kamya Bellagie from Notre Dame Academy in
Rancho Park, Oliver Halcott from the Merman's School in Brentwood,
(03:39):
and Sydney Tran from l Rancho Charter School in Anaheim.
Go kids. Some much needed aid is getting into Gaza
things to a US backed relief organization, but Hamas is
warning Palestinians not to take it. ABC Strodana Miller joins
us to explain that. Coming up in just a couple
of minutes. The tariff roller coaster continues. ABC's Karen Travers
(04:00):
has the latest on the proclamation from President Trump that
has stock futures soaring this morning. That's at five thirty five.
Where have all the great perks gone? Remember all the
credit card companies used to have them? Everybody used to
have them. Kfi's Rory O'Neil on why companies are eighty
six ing them and why?
Speaker 5 (04:19):
Oh I said, on why and why that's a double way.
We'll figure it out.
Speaker 4 (04:22):
No tax on tips part of President Trump's Big Beautiful bill,
which is headed over to the Senate. Does Joel Larsgard
think that's a good idea and why millionaires are renting
instead of buying these days.
Speaker 5 (04:33):
That's coming up at the top of the hour.
Speaker 4 (04:34):
Let's get started with some of the stories coming out
of the KFI twenty four hour newsroom. A woman shot
by police after a chase and a standoff in Woodland
Hills is in critical condition. LAPD Detective Megan Aguilar says
officers first contacted the woman in Van Eys yesterday morning
when shots were reported.
Speaker 7 (04:51):
They were able to get a little bit of information
from her, but during that engagement she produced a handgun,
pointed it at herself, and got back in the van.
Speaker 4 (04:59):
She then led lease into a neighborhood in Woodland Hills
where there was another standoff. At one point she got
onto the roof of the van and was holding a
gun to her head. She was shot by police when
she jumped off and ran over to a porch of
a home. A man's been arrested in connection with the
shootings of a fourteen year old boy and two adults
in the Shoreline Village area of Long Beach will Last say.
(05:20):
The boy was shot in the leg Sunday night, a
man and a woman were both shot in the upper body.
Officers say there'd been an argument between a large group
of people near a boat. The guy arrested is the
owner of the boat. Looks like we're going to have
a hot summer in California.
Speaker 8 (05:35):
Noah predicts that much of California will experience higher than
normal temperatures this summer. For June through August, there's a
fifty to sixty percent chance of warmer weather in northern
and eastern California, and a forty to fifty percent chance
along the southern coast. Summer solstice starts on June twentieth,
marking the first day of summer. Dinakodiak KFI News.
Speaker 4 (05:55):
Let's check in now with ABC's Giordana Millerana. So much
needed aid is getting into Gaza, but not everyone's happy
about that.
Speaker 5 (06:04):
So what is going on?
Speaker 9 (06:07):
Well, we're seeing now for more than a week, aid
trucks finally roll into the Gaza strip. Not enough, it
has to be said over and over again. I mean
the average now for the last week since aid was
allowed back in and the Israeli Prime Minister lifted that ban,
we've seen about one hundred trucks go in per day.
(06:29):
That's really a drop in the bucket, right. Gaza's need
somewhere around five to six hundred trucks of aid. That's
what we saw during the ceasefire. So this is way
under what they need. And we're still hearing the Israeli
Prime Minister talk about the new Israeli American system that's
(06:50):
supposed to ramp up and begin in the next several
days to deliver aid directly to the people of Gaza
through several different distribution centers that will be set up
secured by the Israeli Army American private companies there to
distribute the aid directly to gossens. It's an effort really
(07:10):
to undercut Hamas's control of aid then, and by that
we can its grip on the Gaza strip. But having
said all that, this system, which was really supposed to
open yesterday according to the Gaza Humanitarian Foundation, it is
not up and running yet. The site there appears to
(07:33):
be opened, but there's no trucks going in. We're not
seeing gozens come to get aid. In fact, we are
seeing Hamas tell goosens not to go there. They're trying
to spread propaganda saying that the distribution centers are a
plot by Israel to spy on gossens, et cetera, et cetera.
(07:53):
And they're telling people not to go to these distribution centers.
But so far, even the first one that was supposed
to as I said, open yesterday in southern Gaza, it's
still not up and running.
Speaker 4 (08:05):
Okay, And there Jordana's saying don't go to these senders.
Are they threatening the Palestinians or are they just saying, oh,
it's you know, oh that it's not really aid, so
just stay away.
Speaker 9 (08:21):
No, there was an implied threat in one of the
statements from the Hamas Ministry of Interior saying that they
will be you know, people who go will be quote
unquote dealt with. So there appears to be threats that
Hamas is Uh is leveling against people who go to
(08:42):
these distribution centers, which, of course, you know, we have
to remember. You know, we call out the intense air
raids and the air bombing campaigns by the Israelis that
kill far too many civilians. We know it's a problem,
it's been going on throughout the war. We also need
(09:02):
to call out Hamas in times like this when they
claim and we know people are hungry and starving across
the Gaza strip, and they're willfully and intentionally trying to
you know, prevent people from going to get aid to
get food. And that's a problem.
Speaker 4 (09:20):
Yeah, it's an impossible situation for the Palestinian people.
Speaker 5 (09:23):
It's just it's so tragic.
Speaker 6 (09:25):
It is.
Speaker 5 (09:26):
Yeah, go ahead, No.
Speaker 9 (09:29):
It is terrible. I mean they always seem to pay,
you know, the heaviest price the Palestinians.
Speaker 4 (09:35):
Yeah, abcster Donna Miller, thanks so much for the information.
We'll keep an eye on it and hope more aid
gets in. Tucks in, all right, take care, I know,
let's get back to some of the stories coming out
of the KFI twenty four hour newsroom. Investigators have arrested
more of the jail inmates who escaped in New.
Speaker 10 (09:50):
Orleans, finding two in Texas yesterday and one in Baton Rouge.
Eight of the ten inmates who escaped May sixteenth, they're
now back in custody. Many have faced murder charges and
were labeled high risk offenders.
Speaker 4 (10:03):
ABC's Andrew Dimbert says the men crawled through a hole
behind a toilet earlier this month, reportedly using electric hair
trimers to cut through the cell wall. At least nine
people have been arrested for helping them. A US German
citizen has been charged with trying to bomb an embassy
building in Israel. He was arrested in New York on Sunday.
ABC Stephani Ramos says Joseph Neumayer had been in Tel
(10:27):
Aviv before that.
Speaker 6 (10:28):
Authority say Newmeyer arrived in Israel in April.
Speaker 5 (10:31):
He was deported to the.
Speaker 2 (10:32):
US and arrested by the FBI at JFK Airport this weekend.
Speaker 4 (10:36):
He's charged with attempting to destroy the US embassy by
means of fire or explosive. He's facing up to twenty
years in prison if convicted. Nearly thirty people have been
hurt by a mini van that plowed into crowds of
soccer fans celebrating in Liverpool, England. Witnesses say the driver
spread through the crowd lining the parade route, but Assistant
Chief Constable Jenny Simms with my Merseyside Police says they're
(11:01):
not treating it as terrorism.
Speaker 1 (11:02):
You believe this to be an isolated incident and we
are not currently looking for anyone else in relation to it.
Speaker 4 (11:10):
Things escalator when the crowd started smashing the minivan's windows.
The driver hit the gas again, hitting more parade goers.
He is now in police custody. A boat captain in
Florida has been sentenced for shooting and poisoning dolphins. Zachary
Barfield ran a charter fishing boat out of Panama City.
Prosecutors say shot at least five dolphins with a shotgun
(11:31):
and fed poisoned bait to many more between twenty twenty
two and twenty twenty three because he was angry the
dolphins were stealing fish from his clients. At least one
dolphin was killed, others became sick. Barfield was sentenced last
week to a month in jail in a fifty one
thousand dollars fine. Not nearly enough. Can I just say that,
(11:52):
not nearly enough? Oh my gosh, that's so infuriating. President
Trump and House Speaker Johnson are urging the Senate to
make minimal changes to the the One Big Beautiful Bill Act,
which was recently passed in the House. The goal is
to get the bill signed into law by the fourth
of July. Some Republican senators are pushing back. They say
the bill increases the deficit and lacks serious spending cuts.
Speaker 5 (12:14):
A hearing is.
Speaker 4 (12:15):
Set for Thursday over a federal judge's order that temporarily
blocked the Trump administration's ban on international students enrolling in
Harvard ABC Selina Wang says the government is threatening to
take three billion dollars in grants away from Harvard Harvard
and give them to trade schools instead.
Speaker 6 (12:30):
The White House claims Harvard has become a hotbed of
anti American, anti Semitic, pro terrorist agitators, allegations.
Speaker 5 (12:38):
Harvard denies.
Speaker 4 (12:39):
Nearly seven thousand international students attend Harvard. The first locally
born giant pandas in Hong Kong finally have names. They
are Jia and Day Day. I'm not even sure if
I'm pronouncing this right. The cubs had been affectionately known
as Elder Sister and Little Brother. They were born in August,
and the names were announced today in a ceremony theme
(13:00):
park where they live. Their parents and two other giant
pandas that arrived from mainland China last year are also there.
The names were winning suggestions from residents in a naming contest.
Jiazia and Day Day Day Day, They're what I can remember. Yeah,
today the Dodgers. Speaking of day days, Today the Dodgers
take on the Guardians in Cleveland.
Speaker 5 (13:20):
First pitch goes out at three.
Speaker 4 (13:22):
You can listen to all the Dodger games all season
long on AM five to seventy LA Sports and stream
all the Dodgers games in HD on the iHeartRadio app
keyword AM five to seventy LA Sports. Brought to you
by Navian High Efficiency water heaters, boilers and the new
NPF hydro furnace. Learn more at Navianinc dot com. A
(13:42):
seventy year old man has been killed in a crash
with an LAPD SUV and Sun Valley. The crash happened
shortly before two yesterday afternoon on Sataqoi Street.
Speaker 5 (13:52):
The man died at the scene. Two officers were hurt.
Their injuries are not said to be life threatening. The
Palm Springs fertility clinic that got targeted in a car
bombing is set to reopen at a temporary location today.
It's going to be across the street. The clinic on
North Indian Canyon Drive was severely damaged in the bombing
May seventeenth. The bomber was killed.
Speaker 4 (14:12):
Dodgers' first baseman, Freddie Freeman, and his wife Chelsea, have
made a one million dollar donation to Children's Hospital of
Orange County why Well.
Speaker 5 (14:20):
Last year, the.
Speaker 4 (14:21):
Hospital treated Freeman's son Maximus, after he developed a severe
case of gian Barret syndrome. He has since recovered. Let's
say good morning now to kfi's Rory O'Neill.
Speaker 5 (14:34):
Okay, Rory, we all love the perks.
Speaker 4 (14:36):
We like the cash back on our Costco cards, miles
with our credit cards, access to airport lounges, and free
Uber rides with American Express Gold card.
Speaker 5 (14:45):
But the goodies seemed to be going away. What in
the heck is going on?
Speaker 2 (14:48):
Yeah, this essentially is happening because a lot of the
companies that provide the goodie, whether it's that airport lounge
or that hotel or that rental car company, some of
them are looking at what might be a dodgy summer
for domestic travel, and the concern is they might start
to roll back on some of those sweet, sweet premiums.
And you know, some of the experts who look at
(15:10):
the credit card space say, you know, if you are
hoarding these points or you've got to if you've built
up pretty strong balances of points or miles, this may
be the time to cash in. The concern is, if
you have sixty thousand miles, it's a fifty thousand miles
for a free airline ticket. Well maybe they're going to
up it to one hundred thousand miles and you just
missed the boat or the airplan, I guess in that case.
(15:33):
So they're suggesting that you don't hoard points and make
sure that you're using a card that gives you rewards
that you actually want to use. You know, sometimes our
travel patterns change, we fall in love with another kind
of a hotel chain or airline or whatever it may be.
So make sure that if you are using a card
with perks, that you actually have a perk you want.
(15:54):
And the last thing, which is paramount over everything, make
sure you pay the card in full every month.
Speaker 3 (16:01):
Otherwise this deal does not help you out.
Speaker 5 (16:04):
Because you're paying more to get the perks.
Speaker 2 (16:07):
Right, These twenty three percent interest rates pretty much on
average these days for credit cards really just helped the banks.
And you're much better off putting that money on the
credit card balance or paying it off entirely and paying
for the perk separately, of.
Speaker 4 (16:22):
Course, and that's information our very own Joel Larsgard can
get behind. We're going to be talking to him more
about some other fun credit things a little bit later
this hour. So you mentioned the mileage plans and not
to hoard them, and I know that I do kind
of hoard my Alaska Airlines miles. But I've noticed then
that they they'll come out and they'll go.
Speaker 5 (16:42):
Hey, we've made these great new changes right to.
Speaker 4 (16:46):
The mileage plans, and you got to be careful because
those great new changes generally aren't. I know that Southwest
made changes a couple of years ago to theirs. They
used to have, like you fly eight times and then
you get a free ride.
Speaker 2 (16:58):
That's gone well, right, and then look at what's Alaska
and what's the future of that airline and mergers and
who just got bought and who's on top, and so
now what's happening to all this That also adds to
some of the confusion. And look, Southwest is changing again.
Today is the last day you can buy a ticket
on Southwest and still get two free bags to fly.
Speaker 3 (17:20):
That policy started, That policy.
Speaker 2 (17:22):
Ends tomorrow, and then they're going to introduce this basic fare,
which not to be not to denigrate Spirit Airlines, but
essentially they're selling a spirit kind of ticket. It comes
with nothing and you board the plane last. That's how
cheap this fair is going to be from Southwest. And
if that's what you're interested in, good luck to you.
(17:45):
But the Southwest is even going to start assigned seating,
but that's not until fall. The big one to remember
is that the free bag policy. You can buy the
tickets through today and then that's it.
Speaker 4 (17:55):
Okay, I gotta say I like Southwest, but my friend
Debbie and I were just talking about this year. She goes,
I don't think I'm gonna find anymore because they're going
to the super cheap like the not having the assigned
seats has always been, you know, it is what it is,
kind of going to the bargain basement.
Speaker 5 (18:11):
Airlines is just like stop you guys.
Speaker 3 (18:14):
Well it's a race to the bottom, right You're like, yeah,
do I have this card? And why do I have that?
Speaker 2 (18:18):
And maybe you want to start flying, you know, maybe
you want another airline with more of the perks and
you start flying with them. At the same time, some
Southwest credit card users or elite people will be able
to have the free bag, so again, sort of manage
these things more carefully, because look, these credit card companies.
Speaker 3 (18:35):
Are not loyal to you, so why are we loyal
to them? Right?
Speaker 2 (18:38):
So if it means hopping around and finding the best
deal for you, go do it, because they're not going
to do.
Speaker 3 (18:44):
It for you. They don't really reward your loyalty at
the end.
Speaker 4 (18:49):
Hey, Rory, is there anywhere that you know of that
people can find kind of the perks that are still
being offered?
Speaker 5 (18:55):
Or do you just have to search them out?
Speaker 9 (18:56):
Yeah?
Speaker 2 (18:57):
I always like to refer to the Points Guy website.
They dot com. They always seem to follow what's next,
and they're really good on those maximizing points and doing
the crazy stuff.
Speaker 3 (19:07):
But look, I'm more for it.
Speaker 2 (19:09):
Can I just get an upgrade as I fly from
Detroit to Kansas City? I don't need the I get
to fly in the sky apartment of Cutter Airlines?
Speaker 3 (19:18):
No, No, I just want the little perks. I don't
need the big ones.
Speaker 2 (19:21):
And I'm six ft six so anything I can get
to gets me a lot more leg room. That's the
that's the benefit. All snatch up.
Speaker 4 (19:27):
Okay, forget that, I just forgot everything you said because
you said sky apartment on Cutter Airlines.
Speaker 5 (19:32):
I want that.
Speaker 2 (19:33):
Well, that's it's got a shower and it's got yeah,
I mean it's for thirty dollars.
Speaker 3 (19:39):
I think I add a zero, but yeah, really yeah,
it's something crazy like that.
Speaker 5 (19:42):
Okay.
Speaker 3 (19:43):
Well, on that note, welcome back to Radio Amy.
Speaker 4 (19:47):
Absolutely, Kavs roy O'Neil. Thanks so much for the info
check out points guy dot com. That's a great, great tip, Okay,
and inmate had a brief taste of freedom after escaping
from this facility in Silmar for convicts who work on
fire cruise. Thirty three year old Angel Gaola walked away
from the Holton Conservation Camp on Sunday night. Law enforcement
(20:09):
picked him up yesterday morning. He's serving a six year
sentence for second degree robbery and had been working at
the Holton camp since January. The Department of Corrections says
since nineteen seventy seven in California, ninety nine percent of
all inmates who escape have been recaptured. A Pasadena firefighter
who helped fight the Eton fire has been hurt in
a motorcycle crash.
Speaker 11 (20:29):
The Pasadena Fire Department confirms firefighter paramedic Armin Hagopian was
involved in a serious motorcycle crash last Tuesday, he suffered
a severe spinal cord injury and is recovering in the ICU.
Doctors say he has paralyzed from the waist down, with
no indication his condition will improve. Hagopian has been with
the Pasadena Fire Department for more than six years. Daniel
(20:50):
Martindale KFI News.
Speaker 4 (20:52):
A man teaching a teen relative to drive in Laguna
Beach has been killed in a crash Lise. The car
was on the up We're a parking lot of Gelson's
Market yesterday when the driver, who has a permit, went
through a fence barrier and down an embankment. The car
plummeted about forty feet onto the road below and landed
upside down.
Speaker 5 (21:11):
The team drivers survived and was taken to the hospital.
Speaker 4 (21:14):
Millions of Americans have taken a hit to their credit
score because of delinquent student loans.
Speaker 12 (21:19):
The Federal Reserve Bank of New York analysis shows credit
scores dropped more than one hundred points for over two
million delinquent student loan borrowers. Scores fell one hundred and
fifty points or more for more than a million in
the first three months of twenty twenty five. It's similar
to the sharp drop that follows a personal bankruptcy filing.
Researchers said about two million of those previously had favorable
credit scores and would have qualified for car loans, mortgages,
(21:41):
or credit cards before the delinquencies were reported.
Speaker 3 (21:44):
Mark Ronner KFI News.
Speaker 4 (21:46):
Your smartphone might really make you smart, Go Figure ABC.
Sherry Preston says that's the result of a new study
published in the journal Nature.
Speaker 5 (21:56):
Human Behavior.
Speaker 13 (21:57):
Scientists study more than four hundred thousand adults with an
average age of sixty nine and found those who engaged
with digital technology on smartphones, tablets, or computers had a
fifty eight percent reduced risk of cognitive impairment.
Speaker 4 (22:10):
She says possible reasons why are that the challenge of
adapting to new technology stimulates your brain and that technology
can help you connect with others. Police now say more
than a thousand people were in some way involved in
Saturday night's chaotic events on the streets of downtown LA.
The group sprayed a police car with graffiti, also sprayed
(22:32):
businesses and a metro train. They also blocked metro tracks
for a time. Mayor Bass says the people were recruited
for the party at a vacant warehouse. Online shouts of
joy turned into shrieks of terror as a minivan plowed
into a crowd of Liverpool soccer fans who were out
celebrating the city's Premier League championship. Forty five people were hurt,
(22:54):
including at least four children. Four of the victims, including
a child, were trapped under the van, and firefighters had
to lift the van off to free them. A fifty
three year old man's been arrested. Police say they believe
he acted alone and this is not being investigated as
an act of terror. Noah has predicted a hotter than
normal summer for California from June through August. Forecasters say
(23:14):
there's a fifty to sixty percent chance of warmer than
normal weather for northern and eastern California, and a forty
to fifty percent chance it'll be hotter than normal in
southern California. The first day of summer is June twentieth.
At six oh five, it's handle on the news.
Speaker 5 (23:30):
Bill is back.
Speaker 4 (23:32):
I bet you he's going to have a thing or
two to say, and he's probably really depress because Cosco
was closed yesterday. Let's say good morning now to ABC's
Karen Travers. So, Karen, I don't know if you remember
these old the old ads. They were EF Hutton ads,
and they said, when EF Hutton talks, people listen. So
now it's kind of like when President Trump talks, the
(23:53):
stock markets listen.
Speaker 6 (23:56):
Yeah, yeah, I mean, and we'll see what the reaction
is today. There was some relief that there wasn't going
to be at the end of this week a fifty
percent tariff on the EU, but the threat is still
out there. The President has said that this is a
pause until July ninth, so negotiations can take place. But
you know, we've heard this booker from the President before,
(24:18):
where there's a significant tariff that threatens and then you know,
in some amount of time he backs off of it
to talk about negotiations. And this one was a forty
eight hour threat. So it was kind of like, oh,
we're getting threats, blink, and you missed it because it
was a holiday weekend. But we'll see that what the
Wall Street reaction is today, and we'll also see where
the negotiations go.
Speaker 4 (24:39):
Now.
Speaker 6 (24:40):
Between here and July ninth, the president's trade representative was
meeting with his European counterpart on the phone, yesterday. The
Commerce Secretary also had a conversation. The President spoke with
the EU Commission leader Ursul Evanderland on Sunday, and that's
what prompted the delay until July ninth. So the President
was also out last week if there was anything the
E could do to avoid these tariffs, and he said,
(25:03):
I don't know. We're going to see what happens. So
you know, stay tuned for what this will look like
now in terms of negotiations and how hard ball the
president plays in the coming weeks.
Speaker 4 (25:14):
Yeah, and Karen, when he did that forty eight hour
panic button, that was because I believe and correct me
if I'm wrong. Didn't he say we're going to put
the tariffs on because negotiations aren't going anywhere.
Speaker 6 (25:29):
Yeah, exactly, you know, and it was to spark a
progress in the negotiations and our shore Vanderlaine had said
that Europe is ready now to advance talk swiftly and decisively.
The President said, we'll rapidly get together and see if
we can work things out. So, you know, you light
a fire by threatening such a sweeping tariff like that,
and maybe the conversations can move forward. But you know,
(25:52):
remember too, we're also in this ninety day pause at
this point. On the other big round of terrifts, the
President had announced early April, then a week later had
put on pause so they can negotiate trade deals. Besides
the UK, there hasn't been an announcement at this point
of another trade deal. There was talk about progress with
one with India, maybe South Korea, Japan or Vietnam, but
(26:15):
we haven't heard that yet and we'll about halfway through
that ninety day period.
Speaker 5 (26:19):
I swear I need a flow chart to keep track
of all of this stuff. ABC's Karen Travis, you have
many documents that you do.
Speaker 4 (26:26):
ABC's Karen Travers. Thanks so much for the update. Appreciate it.
Speaker 5 (26:30):
Have a great day, all right, you too. Yeah, my
head is just spinning on the what's on, what's off?
Speaker 4 (26:35):
How much? How what's pausing? Wait, that's paused, But we're
still going to do this one.
Speaker 2 (26:41):
Yeah.
Speaker 4 (26:41):
I would imagine people with much bigger brains are keeping
track of this. Speaking of people with bigger brains, let's
check in with Bloomberg's Courtney Donahoe.
Speaker 5 (26:49):
Get in your business now, Courtney.
Speaker 4 (26:52):
We were just talking about the tariffs and how the
President saying, hey, we're putting a pause on those until July.
Is is promising to start the stock market out in
a positive light this morning, Yes, no doubt about it.
Speaker 7 (27:06):
Anytime that there's any sort of we're going to delay things,
we're going to move it forward or it's not going
to happen, and we end up seeing the markets higher.
Good morning, by the way, Happy Tuesday. So traders are
back in the office today and we're seeing things popping higher.
Looking at the Dow right now, it's up five hundred
and four points. But it was a much different story
(27:27):
on Friday because the major benchmarks saw major losses because
Wall Street was rattled by threats to impose aggressive tariffs
on Apple and also.
Speaker 5 (27:37):
The European Union.
Speaker 7 (27:37):
But it seems the European Union is now back at
the table accelerating these trade talks too.
Speaker 5 (27:43):
The Dow fell two hundred and fifty six points the
other day.
Speaker 4 (27:46):
I'm okady and so Trump backed off his trade tariffs
against the EU. But has he said anything more about
the Apple tariffs.
Speaker 7 (27:54):
No, and Apple's been undergoing some significant issues of late.
It actually was reported that he used to be Tim
Cook used to be one of President Trump's favorites but
President Trump asked a bunch of CEOs and said, hey.
Speaker 5 (28:12):
Do you want to come with me on my trip
to the Middle East? And he said no. So it
ends up being a little bit of a hit lately.
Speaker 7 (28:21):
And I mean, we have this demand, they want, this
demand for Apple to make iPhones in the US, but
it's going to be quite difficult for them. I mean,
some estimates have it that it's going to cost about
thirty five hundred dollars of an iPhone, is right, because
labor are.
Speaker 4 (28:39):
Like a minimum of thirty dollars no hour probably to
make it in the US where across the you know
wherever it's being made now mainly in China, right yet,
but it's a dollar.
Speaker 5 (28:49):
Too, yeah.
Speaker 12 (28:50):
Yeah.
Speaker 7 (28:50):
And also they say they don't have the engineering know
how here in the United States compared to their So
there's that's a big difference. So the demand and this
real big challenge to the company and the supply chain
has been concentrated in China for years and to be
able to move a supply chain in any sort of
way for any sort of company is going to be
(29:12):
quite difficult because they have the suppliers, they have the manufacturing,
they have the engineering, know how they are not as
much here.
Speaker 4 (29:20):
Tariffs are hitting another retailer. We were talking about tariffs earlier,
but this time it's Claire's.
Speaker 7 (29:27):
Yes, the tween accessory store that my daughter absolutely loves.
So they're consulting with some financial advisors on way to
shore up their finances. The mall staple is confronting higher
import costs. Obviously the deteriorating outlook for consumer spending. People
are a little more worried holding onto their wallets. But
the company heavily depends on China to source its merchandise,
(29:49):
and it's merchandise not so expensive so tweens can afford it.
But Claire's has more than twenty seven hundred locations across
seventeen countries, and I haven't stepped foot in one in
about twelve years, well except for my st Okay and
really Quick. McDonald's is calling it a rap on its
new beverage.
Speaker 13 (30:08):
Yeah.
Speaker 7 (30:09):
Well it's a beverage brand and it's called Cosmics, and
it opened up in a bunch of locations, not many,
but they wanted this experimental spinoff two years ago to
compete with the soda chain Swig. Many people have seen this.
They're not as popular on the East Coast, but you
see it on Real Housewives.
Speaker 5 (30:27):
I've never seen Salt Lake City.
Speaker 7 (30:29):
Yeah, it's this dirty soda trend where people take soda
and then they add milk.
Speaker 5 (30:35):
To it or different syrups. It's a little it seems
a little much. I don't know. I couldn't do it.
Speaker 7 (30:40):
But this chain had specialty lemonades and teas, blended beverages,
iced coffees.
Speaker 5 (30:46):
Was the store so thetaurant front.
Speaker 7 (30:49):
Yes, it was a store about and they only had
a couple of them, not many of them, because they
wanted to see if this pilot would take off. But
now they say they're going to take lessons from cosmics
this brand and then applied to their own restaurant. So
try to bring these specialized coffees into McDonald's. Okay, So
wasn't so successful. I don't think we're missing much on
that one. At thirty so doesnomic think?
Speaker 5 (31:11):
All right?
Speaker 4 (31:12):
Getting in your business with Bloomberg's Courtney don Hojo as
we do every day, and we'll talk to you again
tomorrow at five point forty. Definitely see you later, all right,
Thanks Cortney. Let's get back to some of the stories
coming out of the KFI twenty four hour newsroom. The
city of La has fallen well short of state mandated
housing goals, and new report shows there were seventeen thousand
housing units built in twenty twenty four. That's just thirty
(31:34):
percent of what state regulators are requiring. State law requires
LA to build four hundred and fifty six thousand new
housing units each year between twenty twenty one and twenty
twenty nine. Roughly one hundred eighty five thousand of those
must be affordable housing units. A person's been hurt in
a car to car shooting and Compton. The driver was
on the seven ten freeway yesterday afternoon when he was
(31:56):
reportedly hitting the leg. LA Kenny Sheriff's deputy say the
man got off off the freeway and pulled into a
gas station at a laundro Boulevard and Atlantic Avenue to
ask for help.
Speaker 5 (32:05):
He was taken to the hospital. No word on why
shots might have been fired.
Speaker 4 (32:10):
The Assemblies passed a bill making it illegal for state
lawmakers to sign non disclosure agreements when handling taxpayer money
or creating laws.
Speaker 8 (32:18):
The bill prevents lawmakers from keeping information secret, with penalties
potentially including misdemeanors or felonies enforced by local district attorneys.
Speaker 5 (32:26):
The bill will now be considered by the state Senate.
Speaker 4 (32:28):
Dinacodiac kf I news A dozen illegal immigrants have been
picked up in Long Beach after getting a ride up
from Mexico on a pleasure boat. The group was arrested
early yesterday morning. Customs and Border Patrol officials say they
spotted the group traveling up the coast from Mexico to
Long Beach, all twelve our Mexican citizens. A series of
small earthquakes has rumbled off the coast of northern California.
(32:51):
The US Geological Services A four point one magnitude quake
hit at one seventeen a m. Yesterday, with the largest
of the quakes a four point five or a few
seconds later. At least four more quakes rattled the area
through the early morning. W NBA superstar Caitlin Clark is
going to be out of action for at least two weeks.
The Indiana Fever says she has a left quad strain.
(33:13):
This will be the first time Clark has been out
of action since starting her w NBA career. She played
every game in her rookie season last year. Let's say
good morning now to the host of How to Money
on KFI every Sunday. It's Joel Larsgard.
Speaker 14 (33:28):
Morning, Joel, Morning Amy.
Speaker 4 (33:31):
We have been talking about the Big Beautiful Bill that
includes no taxes on tips, and so we wanted to
dig into that a little bit and find out one
if you think that's a good idea, and then talk
about tipping in general, because it's really well, it ticks
me off.
Speaker 14 (33:47):
Yeah, the Big Beautiful Bill, there's still like, you know,
how's it going to shake out, And there's a lot
of stuff in it to kind of parse through, and
it's going to impact all of our personal finances based
on you know, how things actually shake out in the end.
And the note tax on tips is one of the
most interesting things to me. And it was a proposal
(34:08):
that seemed like it was kind of a by the
seat of the pants, you know, spur of the moment
sort of thought from President Trump on the when he
was campaigning. And then you remember, if if you remember correctly,
the Kamala Harris campaign said yeah, they're like, yeah, we
think it is a great idea too. So it's like
a political as a political tool, it makes sense, right,
(34:29):
you're catering to a certain voter class. As a actual
policy being implemented, I think there's a whole bunch of
opportunity to really like swing and miss, and so I
don't love the idea of saying, hey, this is a
particular way you earn your income, and because of that,
we're going to we're not going to make you pay
(34:50):
taxes on this particular kind of income. Same think about
somebody who's like a landscaper or something like that, and
maybe they earn a similar amount of money per hour
or but their income is going to be taxed at
regular ordinary income tax rates, unlike somebody who's let's say,
working in the service industry. And so I think it
will incentivize people to consider different jobs. And I think
(35:13):
it will also incentivize different businesses to maybe pay their
employees less and try to rely on tips more and
talk about, hey, this is actually going to help your
tax bill in the end. It's also interesting because a
lot of the people in some of these industries who
rely on tips in a lot of ways, well, they're
not paying much in taxes on those tips anyway.
Speaker 5 (35:33):
So I get because because they're cash, so they're not
claiming them.
Speaker 14 (35:36):
All well that and also because they don't make enough
money maybe over the standard deduction to say that there's
a meaningful tax levied against the income that they're making
from tips. And of course cash tips are supposed to
be reported to the IRS, but we all know that
doesn't happen all the time.
Speaker 4 (35:53):
And then with the servers, they're traditionally not paid very well,
like have really low base salaries, right, you rely on
the tips, whereas a gardener may have a higher hourly
rate but not get the tips.
Speaker 3 (36:09):
Right.
Speaker 14 (36:09):
And but the thing is, at the end of the day,
their income could be roughly the same and one person
pays less tax because of just the classification of their income.
The other thing I think this is going to do,
and we've seen you alluded to this at the very beginning.
People are already kind of frustrated with tipping culture in
the United States. And I'm not I'm not like a
Europhile or anything like that. I don't want I don't
(36:29):
want to necessarily turn into Europe. But that's one of
my favorite things about about Europe is that the servers
and workers in restaurants and they get paid just a
regular wage that they agree to work for and then
tips are off the table. And I like that just
as a as a consumer, as a customer, and I
think more this is actually going to incentivize tipping culture
(36:52):
to go off the rails even more, and so I
think there's just a hole. It reminds me of even
just with the tariffs, And I'm saying, well, with tariffs,
this is going to incentivize, like on the hardware and
on the goods, we're going to pay a tariff on
that stuff. Well what if instead companies can get you
to pay a subscription and charge you less for the
actual device ahead of time, and so we're already in
(37:13):
this amped up subscription economy. Well, tariffs are going to
increase that the same thing is true, I think of
no taxes on tips. If this goes through in the
final big beautiful Bill as it's being called, then it's
only going to incentivize tipping culture to tilt heavier in
that direction, and we as consumers are going to be
even more frustrated. Well, when are we supposed to tip?
Speaker 3 (37:33):
How do we know?
Speaker 14 (37:34):
And is the company like pulling a fast one on me?
Increasing like you know, higher suggested tip amounts and I'm
actually paying less for the good because I'm tipping more.
It's going to just make things even more difficult, I
think for consumers to parse, and.
Speaker 4 (37:47):
I will tell you in Europe it is frustrating because
Americans are used to tipping and they're like, yeah, you
don't have to, but there is sort of this should
we and there when we were googling it because we
were just over in Paris in London and they were like, well,
if you want tip, you know, like a pound or
two in London is good.
Speaker 5 (38:02):
We're like, on how much of a bill you know,
like you really don't know.
Speaker 4 (38:07):
It's very It's turned into a very ambiguous thing, even
though tipping isn't necessarily expected, whereas here it's absolutely expected.
Speaker 5 (38:15):
And I think that the tipping rate is getting a
little out of control.
Speaker 14 (38:18):
Well I was I was ordering a pizza the other
night and I ordered it and I was gonna go
pick it up, no delivery or anything, and there was
a suggested twenty or twenty five percent tip, and I'm like,
this is this was not what it used to be.
Like Like when I'm more than okay to tip my
server twenty twenty five percent, when I'm going on to
eat and they're waiting with you to get service right,
but then when you order it the counter and then
(38:39):
you come pick up your stuff, or you order something
and you go pick it up yourself. The fact that
there are these really high suggested tips, this is just
this just blurs the lines even more. And I think
you as a consumer, as an individual, need to have
an idea of what you're willing to tip and what
you're willing to tip. For If I go out and
get a coffee and they handcraft it for me, I'm
willing to tip a buck or a beer saying like that.
But you just have to kind of know ahead of time, Hey,
(39:00):
how much am I going to tip on this pizza
where I'm paying a lot for the pizza and then
I'm not necessarily tipping somewhere they're not serving me.
Speaker 3 (39:08):
So do I tip?
Speaker 14 (39:09):
How much?
Speaker 3 (39:09):
Do I tip?
Speaker 14 (39:10):
And I think you have to have an idea ahead
of time what you're willing to tip so you don't
feel guilted into tipping more than you expected in the moment.
Speaker 5 (39:16):
And that's the thing that really ticks me off about it.
Speaker 4 (39:18):
I don't know how you feel about it, but that
they show you the screen, and they know that it's
a tipping screen. And if you go to custom and
do a zero and even some of them go and
here's the place to leave a tip. I'm like, how
dare you say that to me? I mean, it's just infuriating.
It's the world doesn't do anything for me at all,
except like, well, like a Dodger statum, and I love
(39:41):
Dodger statium. But when they open a beer can for
me and then they say, here, do you want to
do an eighteen percent tip?
Speaker 14 (39:46):
I'm like, no, right on the on the fourteen dollars beer,
now eighteen dollar beer?
Speaker 3 (39:51):
Oh hateen?
Speaker 5 (39:51):
Yeah, sorry, I underestimated, don't get me started. Joel Lard's Guard.
We ran out of time.
Speaker 4 (39:56):
We didn't get to talk about renting instead of buying
for millionaires. Maybe we can that un till next week.
Speaker 3 (40:01):
That sounds good, all.
Speaker 4 (40:02):
Right, Joel Larsguard. You can hear him every Sunday noon
to two right here on KFI. The show is called
how to Money, and you can follow him for great
financial advice at how to Money. Joel, Thanks Joel, Thanks,
Amy ran out of time. You know what, remember how
Neil Savager got all bent out of shape? Yesterday when
(40:22):
we were talking about bringing meat up to room temperature.
Speaker 5 (40:26):
Oh well that's okay. Well you were here we.
Speaker 4 (40:29):
Were talking about that, and and Neil got all hot
under the collar. And that's how I am on tipping.
I'm so over tipping. And I don't mind tipping for
good service.
Speaker 9 (40:39):
I like it.
Speaker 4 (40:40):
Actually, I'm like, you know, hey, thank you for that
great service. But the expectation is what kind of chaps
me and those screens And there's screens more than anything else.
Ye don't get me started. Okay, Thank goodness, the show
is over right.
Speaker 5 (40:54):
Okay.
Speaker 4 (40:55):
This is KFI and kost HD two Los Angeles, Orange
County Live. I'm the KFI twenty four hour Newsroom. I'm
Amy King. This has been your wake up call, and
if you missed any wake up call, you can listen
anytime on the iHeart Radio app.
Speaker 1 (41:08):
You've been listening to wake Up Call with me, Amy King.
You can always hear wake Up Call five to six
am Monday through Friday on KFI AM six forty and
anytime on demand on the iHeartRadio app.
Wake Up Call with Amy King News
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