October 14, 2025 • 36 mins
Amy King hosts your Tuesday Wake Up Call. ABC News correspondent Jordana Miller live from Jerusalem Karen Travers opens the show talking about what’s next for Gaza as the war comes to an end. Amy talks with ABC News White House correspondent Karen Travers opens the show talking about what’s next for Gaza as the war comes to an end. Bloomberg’s Denise Pellegrini updates us on the latest in business and Wall Street. The show closes with the host of ‘How to Money’ Joel Larsgaard talking about emergency funds, homeowners refinancing, and renting vs selling.
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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 KFI and KOST HD two Los Angeles and Orange County.
Speaker 3 (00:21):
I got a good wake up call your host, Amy Kay.
Speaker 4 (00:31):
Good morning. It's five o'clock, straight up.
Speaker 1 (00:35):
This is your wake up call for Tuesday, October fourteenth.
I'm Amy King. Getting off to a suggy start for
the day. Here's my word of advice for you. As
you're getting up and about and making your coffee and
getting breakfast ready, try to get about ten minutes ahead
because you're gonna have to probably leave a little bit early.
It took me a little extra long because I didn't
(00:56):
speed quite as much as I normally do on away,
and there was there was some standing water. The rain's
coming down pretty good in the metro area. I know
in the ie it's just windy right now, but the
rain was coming down at a pretty steady pace. And
lots of spinouts because people were not going fast enough.
Speaker 4 (01:14):
And now Cono you said you had like four crashes
on the way in. Yeah, four on the one thirty four.
There's a big rig turned over. There was are one
car that just hit the wall like just now, like
just hit the wall.
Speaker 1 (01:26):
And when I was coming in right on the northbound
five at the one thirty four five split, it was
still on the five, but it was right there. As
you cut off onto the one thirty four there was
a there's a big rig that's sitting sideways and Will
just came in and said, that's a big one. So
that might be around for a little bit, so just
take your time.
Speaker 4 (01:45):
Again.
Speaker 1 (01:46):
It hasn't been heavy rain, but there is some standing
water and that hydro planning man that freaks me out.
And you don't want to get stuck in that because
when you start hydroplanning, you have no control over your car.
And it sounds like that's probably what's happening to people
this morning. So just a friendly word of advice, Please
be extra careful.
Speaker 4 (02:04):
Got a lot going on. Here's what's ahead on Wick
up Call.
Speaker 1 (02:08):
Evacuation warnings are in effect for people who live in
the burn scars of the Palisades and eaten fires as
a storm moves through the Southland. There are about one
hundred evacuation orders in a few areas. LAPD is going
around and advising people who are in the evacuation order.
Area forecasters say rain's going to continue off and on
(02:28):
through today could be heavy at times, increasing the risk
of flooding and mudslides. Up to one and a half
inches of rain is expected, could see two to four inches.
Speaker 4 (02:36):
In the mountains.
Speaker 1 (02:38):
The La County Board of Supervisors will consider declaring a
local state of emergency in response to ongoing federal immigration
enforcement raids. County officials claim the ice raids are preventing
people from going to work and forcing some businesses to close.
Speaker 4 (02:51):
Governor Newsom assigned a.
Speaker 1 (02:52):
Bill into law creating a Slavery Reparations Agency. The agency
will be tasked with coming up with a way to
give restitution were descendants of slaves in a state that
never had slavery. What those reparations will be has yet
to be decided, whether it's an official state apology, cash payments,
or something else. ABC's Jordana Miller's going to join us
(03:13):
from Jerusalem to talk about what's next is Israel and
Hamas head down the long road to peace and whether
that peace is possible. Also, ABC's Karen Travers is going
to join us at five point twenty to take a
look at the political side of things. As President Trump
joined about twenty world leaders in signing the ceasefire between
Hamas and Israel. In spite of interest rates, a lot
(03:33):
of people are refinancing. The host of How to Money
on KFI, Joel lars Guard's going to join us before
the top of the hour to talk about whether that's
a good idea and also some things to think about
before you do it. Let's get started with some of
the stories coming out of the KFI twenty four hour newsroom.
Parts of southern California are in for a soaking. The
reins expected to get more intense in some areas later
(03:54):
this morning, including in La County. That could mean mud
and debris flows and flooding. Carol Smith, with an National
Weather Service tells KFI people should avoid driving if they
don't have to be out, and especially like.
Speaker 5 (04:04):
Those canyon roads, if you don't need to drive through
the canyons, you know.
Speaker 4 (04:08):
You might wait till Wednesday because the weather's going to
clear out pretty quickly.
Speaker 1 (04:13):
The peak of the storm is expected to continue through
this afternoon. Thousands of unionized Kaiser Permanente workers are hitting
the picket lines to start a five day strike as
contract talks remain installed. The job action includes nurses, pharmacists,
and other medical staff in California and Hawaii. The union
is pushing for a twenty five percent raise over four years.
(04:33):
Kaiser has offered twenty one and a half percent, saying
anything more could raise healthcare costs. JPL and Pasadena is
cutting more jobs.
Speaker 6 (04:42):
Jet Propulsion Laboratory says more than five hundred workers will
be let go as it continues what its leaders call
an ongoing restructuring effort. Elimination of five hundred and fifty
positions follows last year's layoffs, which saw more than eight
hundred people lose their jobs. The federally funded center works
closely with NASA. It says the layoffs are not connected
to the government shutdown. Congresswoman Judy Chu says she's disappointed
(05:03):
by the Lab's announcement. She says it will cost the
country scientific knowledge and expertise. Michael Monks KFI News, we
have liftoff Go.
Speaker 4 (05:12):
Super Go Starship, thanks for all the historic flights.
Speaker 1 (05:15):
Bad one SpaceX is celebrating a successful test flight of
its Starship spacecraft. The ship and super heavy booster launched
from starbas In, South Texas just after six last night,
the eleventh flight of the Mega Rocket ended with the
ship splashing down and causing a giant qualifier in the
Indian Ocean as planned.
Speaker 6 (05:37):
As we said, we're not planning on recovering the ship today.
Speaker 3 (05:39):
Hey, welcome back to our starship.
Speaker 1 (05:42):
The test lasted just over an hour and included the
deployment of eight Monck Starlink satellites. I love this spacey stuff,
and I love that they're launching from a city called
starbas We're waiting on Jordana Miller in Jerusalem, checking to
see where she is. Of course, lots going on, so
we'll we'll give her a moment. And while we do that,
(06:03):
let's talk about the Dodgers jumped out to a one
nothing lead in their best of seven National League Championship
series against the Brewers.
Speaker 4 (06:12):
It was a great game.
Speaker 1 (06:13):
I don't know if you watch the game, but it
was spectacular in part because of a stellar performance by
pitcher Blake Snell.
Speaker 3 (06:21):
Full count, Blake Snell steps back. Here's his payoff. Hey
struck him out, froze over with a curveball in snell
Zilla terrorizing Milwaukee with eight shutout innings.
Speaker 4 (06:39):
That was a great A.
Speaker 3 (06:40):
New postseason career high ten punch outs for Blake Snell.
I still one nothing Dodgers as we finished the eighth.
Speaker 1 (06:49):
Okay, so snell Zilla. That was a fun game, and
we got another game tonight. We'll tell you about that
in just a moment. Okay, let's check in. Now we've
connected with Jordana Miller in Jerusalem. Jordana, good morning. The
hostages have been released, the fighting has stopped. Israeli troops
(07:09):
have pulled back to their greed upon yellow line, that
ceasefire deal signed in Egypt. But there's still a long
way to go to achieve peace.
Speaker 7 (07:19):
There is, and I have to say I think, you know,
I know that I and a lot of people in
this country are kind of in a state of disbelief, like.
Speaker 8 (07:29):
Really the war's over.
Speaker 7 (07:31):
There's you know, there's not you know, bombing going on,
and everyone's not anxious about the hostages. The ones that
made it this far, the twenty living ones they did.
They were released yesterday by Hamasamas followed through. They're in
the hospitals or with their families. We saw those really
joyful reunions. You know, it almost feels too good to
(07:55):
be true, right, Yeah, I think it's going to take
everyone time to kind of us to this and and
heal by the way, I mean healing for Israelis, healing
for Palestinians in Gaza who really never chose this war,
lived through utter hell, right. I mean, we have to
(08:16):
pray not not just for the success of President Trump's
plan in the in the bigger picture, in phase two,
which we're going to talk about in one minute, but
it's a plan that you know, God willing, will offer
a better future for Palestinians also, you know, living without Hamas.
And I think that's the real hard work that lies
(08:38):
ahead the palist you know, the president and the partnership
that he has here, regional leaders, the Kataris, the Egyptians,
the Imradis, the Israelis. Everyone really has to work together
to ensure that Hamas doesn't just step back into the vacuum.
Because there is a vacuum right now. We have to
(08:58):
be honest that that Hamas doesn't just step back into
that vacuum and you know, basically set its sights on
reasserting its control over civil life and you know, be
the military. Uh uh, you know thugs that are running
the streets. I mean, the challenge for President Trump is
(09:21):
ensuring that Hamas disarms, that the Interim Council, the Governing Council,
takes civil life out of the hands of Hamas UH
and that the International Security Force replaces Hamas as a
force on the streets, both as a military force as
(09:42):
a police force, right, And I think that's going to
be the critical next stage of this. But I think
people in Israel I think there you know, there are
some who doubt whether Hamas is really going to be
defanged and kicked out of the Godza strip, But there
are a lot of people who believe if Trump was
(10:04):
able to do this, then he can he can do
that as well.
Speaker 4 (10:07):
Okay, and Jared Donna, I have a question for you.
Speaker 1 (10:09):
You mentioned the Palestinians, and we know that they have
suffered greatly over this, that there's you know, the hundreds
of thousands heading back north and finding nothing there. But
as I've also heard a couple of reports that Hamas
is down but not out, and that there have even
been some executions of Palestinians by Hamas who are seen
(10:32):
to have been working like or have been shown in
favor of this ceasepire.
Speaker 7 (10:40):
Yeah, there's no doubt that. I mean we know because
there's video of it that's circulating, and the Israelis are
still sitting on forty percent of Gosen territory. They see
with their own eyes what Hamas is doing. Hamas, you know,
have no doubt about it. They are executing. They are
killing people who they believe, quote unquote collaborated with the
(11:03):
Israelis right and oppose their continued control of the Gaza strip.
They are trying to put not so much fighters back
on the street, which would be uh, you know, an
embarrassment to regional leaders and the president and really open
up the possibility for another military operation. But they are
(11:26):
putting their police, their armed police force on the streets
of Gaza, and that police force has to be replaced also,
right because they are they do belong to Hamas. They
you know, whether they like it or not. Palestinians are
at the mercy of Hamas and they until there's a
(11:48):
new governing body there and Hamas is kicked out and
they have to turn over their weapons, Palestinians are still
unfortunately vulnerable to their autocratic and rule. Right. The question is,
you know, will this interim period where Hamas is you know,
trying to reassert its power. Will it be cut short
(12:10):
by what's coming next? And I think that's where President
Trump said, you know, we don't nothing, We don't have
to follow some kind of order, right, you know, we're
going to work on things out of order and make
sure that things on the ground change. That's the most
important thing, right, what happens on the ground. And I
think these are going to be a critical critical several months.
(12:33):
And it is the possibility for a Hamah a Gaza
Strip without Hamas is on the table right now, and
that has not been the facts, right since Hamas took
over the Gaza Strip in a bloody coup, you know,
more than twenty just about twenty years ago. So they
have to be kicked out, they have to be dismantled,
(12:56):
their weapons have to be taken out. Right, you can't
kill the idea of Hamas, but you can get them
out of the gods. You can try to get them
out of the Gauza Strip, all right, and show people
there's another way, all right.
Speaker 1 (13:08):
Jordannah Miller, I'm sure that we're going to be unpacking
this as this clolds and as we move forward into
phase two. So thank you so much for the information
this morning. And we will talk to you soon.
Speaker 7 (13:19):
Thank you talk soon.
Speaker 1 (13:20):
All right, long way ago and interesting to hear say like,
we can't believe it because I know that we've talked
to Jordana several times when she's been sitting in a
bomb shelter because they've been lobbing missiles into Jerusalem and
that kind of stuff. So a good new reality for now.
We'll see if it holds. An evacuation order is in
effect for more than one hundred homes in the Pacific Palisades,
Sunset and Hurst Burnscar Is because of the risk of
(13:44):
debris flows LAPDS contacting residents in an evacuation center has
been set up. An evacuation warning is also an effect
through six am tomorrow for the Greater Burn Scar area,
residents being told to get ready to go if an
order is issued. The mother of a two year old
boy who died from a fentanyl overdose in Palmdale nearly
two years ago has been charged with murder. Anee Flores
(14:07):
was arrested late last week. She's being held on two
million dollars bail. Prosecutors say her little boy died of
fentanyl intoxification on November or in November of twenty twenty three.
If you're looking for some extra money for the holidays,
Amazon's hiring. The online giant says it is hiring two
hundred and fifty thousand full time, part time, and seasonal workers.
It's looking for drivers and workers for its fulfillment centers.
(14:31):
Hey average is twenty three bucks an hour plus benefits.
Let's say good morning now to ABC's Karen Travers. Karen,
we just talked to Jordana Miller in Jerusalem about how
they're kind of soaking in this whole thing and saying,
is this real and the fighting is actually stopped? But
we want to kind of take a look at President
Trump's world win trip to the Middle East and the
(14:53):
politics of.
Speaker 4 (14:53):
All of this.
Speaker 8 (14:55):
Yeah, it was a major milestone for the president yesterday,
and you know, he enjoys a victory. Lab wasn't surprising
that he was very eager to make that trip over there.
He wanted to meet with some of the families that
he has spoken to over the last two years and
be there with them as they had this incredible day
of joy after so much stress and sorrow. The President
spoke to the Israeli parliament and talked about how this
(15:17):
is a monumental moment for the Middle East, not just
Israel and Gaza. But he sees this as a potential
transformational point where you had these countries that were all
working together to get to this stage, and that he
thinks this could be a springboard for something else, something lasting.
Now that question, of course, remains to be answered, and
(15:37):
we have to see what happens in the coming months
and years with what will be very complicated negotiations for
the next stage, and what happens in Gaza, the governance there,
how do you set up a political system, can you
do disarm Hamas and does that last? And does the
ceasefire actually last there? And then the rebuilding which is
going to be very complicated and of course very costly,
(16:01):
and who pays for that?
Speaker 4 (16:02):
Okay?
Speaker 1 (16:02):
And then Karen, I know that the president said the
war in Gaza is over. But yesterday what was actually
signed was that the twenty point plan was signed, or
just the seaspire was symbolic.
Speaker 8 (16:14):
It was kybolic agreement that you know, this was a
moment that noting the hostages being released, noting the ceasefire
and an agreement to work toward peace.
Speaker 1 (16:25):
Okay, And this was obviously a victory lap for the President.
He's already been criticized for not talking more about what
comes next.
Speaker 4 (16:34):
What comes next?
Speaker 8 (16:37):
Yeah, well, I mean it's all those things I just
mentioned about what happens in Gaza, and the President said
yesterday the Face two negotiations are underway, but he didn't
give details of what that looks like at this point.
His Special Envoy Seve Witcoff said he has dug in
and will continue this work at the direction of the President.
But when does that continue, How is that timeline going
(16:57):
to play out? That's not clear. The President said yesterday
that this stage was the hardest and that the rebuilding
will be easier. I don't think you'll find a lot
of experts who would say that, because of the complicated
questions that are still to come.
Speaker 1 (17:10):
Okay, and we will be sorting through those complicated questions
as the weeks and months come along. And happy that
you are here to help us sort it out. Thanks, Karen,
drivers at the White House.
Speaker 8 (17:20):
Have a great day.
Speaker 1 (17:20):
All right, here's some more stories coming out of the
KFI twenty four hour newsroom. Opening statements or scheduled the
in Orange County in a wrongful death case against the
La Angels by The widow and parents have pitcher Tyler Skaggs,
who died of a drug overdose in twenty nineteen. The
twenty seven year old got the drugs from the team
communications director Eric Kay, who's been convicted of federal drug
(17:43):
charges and sentenced to twenty two years in prison. The
lawsuit alleges negligence in the way the team supervised k
and kept him on the payroll. LA Mayor Bass has
a new rival in next year's election.
Speaker 6 (17:55):
He's been a deputy mayor with superintendent of La City
Schools and publisher of the La Times. Now also Buttner
says he wants the top elected job at city Hall.
He announces campaign for mayor and wish He says he
would continue the city's battle against the Trump administration over immigration.
Speaker 3 (18:09):
Targeting people solely based on the color of their skin
is unacceptable and un American.
Speaker 6 (18:13):
Buttner says he voted for Mayor Bass in twenty twenty two,
but now says the city is a drift. The investment
banker and philanthropists started to run for mayor in twenty twelve,
but Withdrew Michael Monks KFI News.
Speaker 1 (18:25):
Governor Newsom has veto to bill that would have given
priority to descendants of slavery for college admissions. Newsom calls
the measure unnecessary, saying schools already have authority over those
kinds of things. Supporters of the bill say it was
aimed at repairing what they call historical harm. Critics say
the bill would have ended up in court as it
would have violated California's ban on race based admissions in
(18:47):
recent Supreme Court rulings. Alec Baldwin says he and his
brother Stephen are fine after he crashed into a tree.
The sixty seven year old actor posted on Instagram that
the crash happened yesterday morning in East Hampton, New York.
He says a garbage truck cut him off and he
feels bad he crushed his wife's range rover. Baldwin was
in the Hamptons for the International Film Festival. Smartphones have
(19:10):
cut the connection between women and the moon.
Speaker 9 (19:13):
Researchers say a link between the faces of the moon
and women's periods is going away. A century's worth of
data shows women's periods syncing up with full and new moons,
but that sink has weakened since around twenty ten, when
led lights and smartphones became a normal part of life.
Signed to say the blue light confuses the body's internal
clock because it's more like daylight than the warm yellow
light of incandescent bulbs. The study says the gravitational cycles
(19:36):
of the moon also play into the menstruation connections, so
when the moon's Sun and Earth are closest to each
other in January, the interference of smartphones is weaker and
the lunar Lady connections sinks back up. Michael Krozer kf.
Speaker 1 (19:47):
I News the Lunar Lady connection Michael Krozer, like I
said last week, I love his stories.
Speaker 4 (19:54):
That's great. Why is life so complicated?
Speaker 10 (19:56):
Oh my gosh.
Speaker 1 (19:57):
Uncertainty over the economy and tariffs is causing retailers to
rethink hiring for the holidays.
Speaker 11 (20:03):
These temp workers typically pack orders at distribution centers, surf
shoppers at stores, and build holiday displays during the most
important selling season of the year. A job placement firm
forecast at hiring for the last three months of the
year will likely fall to its lowest level since the
recession in two thousand and nine, or fewer than five
hundred thousand positions. That's fewer than last year's five hundred
(20:24):
forty three thousand temp jobs. The average seasonal gain since
two thousand and five has been six hundred fifty three thousand,
three hundred and sixty three workers. Deborah mark Kiffi News.
Speaker 1 (20:34):
Yeah at Amazon's hiring two hundred and fifty thousand workers.
More than one hundred and fifty unvaccinated kids in South
Carolina have been quarantined after being disposed exposed to two measles.
The kids are from two schools in Spartanburg. They'll miss
class for twenty one days the period of potential transmission.
South Carolina is the latest state to have a measles
(20:55):
outbreak this year, and cases across the US have reached
the highest level in thirty years. Manager Mike Shilt, who
led the San Diego Padres to back to back ninety
see A win seasons for the first time in franchise history,
hanging up his cleats. Shilt just took over in twenty
twenty four, led the Padres to back to back playoff
appearances for the first time in nineteen years. Not so shabby,
(21:17):
but now he's out. The next Padres manager will be
the team's fifth in the last eight season. Something's going
on with the Padres. Dodgers jumped out to a one
nothing lead in their best of seven National League Championship
Series against the Brewer, thanks in part to the star
of the show, Freddy Freeman.
Speaker 3 (21:36):
Full count Patrick's payoff. Freeman hits went high in the air,
right field, drifting back. Churio on the warning track. He's
at the wall. It is gone. Freddie Freeman with a
sky scraping home run here in Game one, Oh Paul,
that just kept.
Speaker 4 (21:55):
Tonight the world cheries.
Speaker 1 (21:56):
The world champion Dodgers take on the Milwaukee Brewers for
Game two of the National League Championship Series. The first
pitch goes out at five oh eight, and you can
listen to all the Dodger games on AM five to
seventy Sports Live from the Galpin Motors Broadcast booth, and
stream all the games in HD on the iHeartRadio app
keyword AM five to seventy LA Sports Go Blue. Thousands
(22:18):
of Kaiser Permanente workers are planning to walk off the
job today. Their union says the strike comes as contract
talks remain stalled. The two sides appear to be pretty
far apart on wages. The strike effects thirty one thousand
Kaiser workers in California and Hawaii. Kaiser says its medical
facilities will remain open during the five day strike. SpaceX
(22:38):
has successfully launched its Mega Rocket Starship. The eleventh flight
of the largest rocket ever ended Monday, with the spacecraft
splashing down in the Indian Ocean as planned. The test
flight lasted just over an hour and included the deployment
of eight simulated Starlink satellites. There was also a successful
relight of one of the engines. While in Spain, It's
(23:01):
the Great Pumpkin Charlie Brown. Brandon Dawson from Santa Rosa
has won this year's half Moon Bay Great Pumpkin Way
off his giant orange orb weighed in at twenty three
hundred and forty six pounds. Dawson also won it last year.
His gord is still shy of the world record. A
pumpkin in England has that distinction, weighing more than twenty
eight hundred pounds at six oh five tandle On the news,
(23:24):
even President Biden and Hillary Clinton are giving kudos to
President Trump for the Mid East peace deal.
Speaker 4 (23:30):
Bil's going to tell you more about that.
Speaker 1 (23:31):
Here's what we're following in the KFI twenty four hour newsroom.
Speaker 4 (23:35):
The heavy rain is moving in.
Speaker 1 (23:37):
Ariel Cohen with the National Weather Service says the rain
and wind will be significant for most of today.
Speaker 10 (23:43):
All areas in Los Angeles will be at some level
of risk for experiencing wind damage.
Speaker 1 (23:50):
The recent burn scars could see several inches of rain.
Mandatory evacuation orders are in place for about one hundred
properties in the Palisades, Hurst and Sunset fire areas. Evacuation
warnings are in effect in the Eton Fireburn Area Authority
say anyone who is near an area that tends to
flood should be ready to get out immediately. House Speaker
Mike Johnson has warned the government shut down could be
(24:12):
one of the longest in history. Neither side is showing
any signs of giving up or giving in. Johnson says,
if the Democrats keep up their obstruction, in his words.
Speaker 4 (24:22):
That's where we're going to be headed.
Speaker 1 (24:24):
The Senate's expected to vote on bills for the eighth
time today that would end the shutdown, which is into
day fourteen. LA County supervisors are set to consider declaring
a local state of emergency in response to the ongoing
ice raids. Board members claim the immigration enforcement actions are
preventing people from going to work and forcing some businesses
to close. The board could also impose eviction not evacuation.
(24:48):
I know, I got evacuations on the brain. Could also
impose an eviction moratorium down the road or other protections
for people impacted by the raids.
Speaker 4 (25:00):
Ellen, accused of shooting at a sheriff's.
Speaker 1 (25:01):
Deputy during a traffic stop in Harupa Valley in May
and then hiding out in Mexico, has pleaded not guilty
to attempted murder of a peace officer and other crimes.
It was returned to California last week after being caught
by Mexican state police. He was arraigned in Riverside yesterday.
Turns out most Americans don't wait until Halloween to dig
into the candy.
Speaker 10 (25:21):
A study on behalf of CVS Pharmacy shows the average
American gobbles up their Halloween candy stash twice before seeing
their first trick or treater. In fact, one in four
of the two thousand surveyed admitted they've had to restock
three times or more. Of whopping fifty five percent said
they have to rush out to buy candy at the
last minute. Mark Ronner KFI News.
Speaker 4 (25:40):
Okay, I gotta admit I have I have my reesi'st
pumpkins right here.
Speaker 1 (25:45):
I brought them in well because I had to test
them because they're Reese's peanut buttercups are like one of
my favorites along with butterfingers. And I'm really kind of
disappointed because they're smaller and they don't look like pumpkins.
Bring thee to Yacono. You can taste test it and
see what you think. But I think they're a little wonky.
This year, time to get in your business now with
(26:06):
Bloomberg's Denise Pellegrini.
Speaker 5 (26:08):
Good morning, Denise, Good morning. Gave me and this report
is sponsored by Fidelity. I got to tell you, if
you're thinking about making some home improvements, you better listen
up because it's gonna cost you more. As of today,
Amy the US collecting tariffs on imported timber, lumber, kitchen cabinets,
bathroom vanities, and even upholstered furniture twenty five percent levies
(26:32):
on imported cabinets, ten percent on lumber. This could be
a bargain, though, because the tariffs on upholstered wooden products.
They're going to go up again to thirty percent January first,
and the tariffs on kitchen cabinets and vanities are going
up to fifty percent. All this, of course could drive
the price on new homes higher as well.
Speaker 1 (26:51):
Okay, and speaking of prices car buyers, kind of tough
for car buyers right now.
Speaker 3 (26:57):
Yeah.
Speaker 5 (26:57):
Kelly Bluebook says the average price of a new car
in the US topped fifty thousand dollars for the first
time last month. Analysts with KBB parent Cocks Automotive says
this means the twenty thousand dollars vehicles pretty much extinct.
And Edmunds says the new car buyers are now stretching
loan lengths to seven years or more. I was thinking
about that. At seven years our car had something like
(27:20):
two hundred and thirty thousand miles on it. If we
had a seven year loan, we'd still be paying that
off with a new drive card. It's pretty much extinct.
We did got a big family, so a lot of
you know, are shuttling the kids around. Okay, shuttling the kids,
all right, Curious about this one.
Speaker 1 (27:37):
Denise the Dodgers Brewers games are being watched really closely nationwide.
Speaker 4 (27:42):
How come?
Speaker 5 (27:43):
Yeah, not just because the Dodgers are so great, which
thank you already know. Yeah, And not just because the
Brewers are the underdog, right and there's some drama there
which is kind of cute. The big question is that
the entire business model is at stake. The big question
for players, management, and investors. Can the low budget team
of cast offs and unknowns i e. The Brewers actually
(28:05):
beat the amazing Dodgers, the most expensive team ever assembled,
with as the Wall Street Journal calls it, the three
headed monster of shoe Otani Muki Beck's and Freddie Freeman
Journal points out, a team with bottom ten payroll hasn't
won the World Series in more than twenty years. Amy,
if the Brewers somehow actually managed to win the best
of seven series, and Amy, I'm not saying the coot,
(28:25):
just saying theoretically here, but if the Brewers somehow did
actually manage to win the series, the union will likely
view it as proof the MLB's free market model works.
Speaker 4 (28:35):
But a Dodgers victory.
Speaker 5 (28:37):
Will give ammunition to unhappy owners right who claim the
deck is stacked against lower budget teams like the Brewers.
Some owners want those salary caps that the union has
been resisting. As you know MLB's Collective marketing agreement. It
expires next year, with a standoff being the way as
we could be headed toward a lockout at the end
of next year. NFL, NHL, NBA, they all have salary caps.
(28:59):
Baseball's last big holed out. So watch tonight's game. We'll
see what happens.
Speaker 1 (29:03):
Okay, it reminds me of Moneyball. Remember that great movie
with a Rabitit about the A's Yes. Okay, Denise Pellegrini
getting in your business with Bloomberg as we do every
morning at five forty.
Speaker 4 (29:14):
Thanks Denise, Thank you my pleasure. All right, About.
Speaker 1 (29:17):
Five hundred and fifty workers at NASA's Jet Propulsion Laboratory
and Pasadena are going to be getting pink slips. The
Space Agency's directors is the layofs are necessary as the
lab continues to reorganize operations in the face of limited funding.
The job cuts are not related to the current federal
government shutdown. LA City councils expected to give final approval
to a hike in trash collection fees in the city.
(29:39):
It would be the first increase in seventeen years, trash
fees would go up from a single family home for
from about thirty six to fifty six dollars a month
and would go into effect next month. The new rates
will put the city more in line with Bourbank, Culver City,
Long Beach in Santa Monica. The Dodgers have taken a
one game lead in the best of seven National Championship
(30:00):
Series in Milwaukee. Game two is tonight. First pitch goes
out at five oh eight. LA won it last night
two to one over the Brewers. Game three then happens
at Dodgers Stadium on Thursday, and you can hear all
the Dodgers games on our sister station, KLAC AM five
point seventy. Let's say good morning now to the host
of How to Money on KFI. It's our very own
(30:22):
Joel Larsgard. Hey, Joel, really quick. Last week we were
talking about emergency funds and how important it is to
set it up, and I started thinking about it because
if the shutdown, people who work in the government, whether
they're working or they're furloughed, they're not getting their paychecks
right now, which sort of increases the importance of that
emergency fund for something unexpected like this.
Speaker 12 (30:44):
Yeah, I mean, it certainly does, and it's just a
good it's a good reminder to all of us to
recheck our emergency funds because this sort of thing can
can happen. And this was being you know, telegraphed the
showdown between the Democrats and Republicans. How long is the
is the government going to remain shut down? How long
are people going to be furloughed not receiving paychecks? And
(31:07):
will some of those threats come to pass of not
receiving that back pay that's legally owed to the workers
who have been furloughed. And we're talking like, you know,
close to a million a million people not getting a
paycheck when they expected it. So yeah, this is the
exact reason that emergency funds exist. And you know I
talk about that basic key fund, Well, I want people
to save beyond that too, typically having like three to
(31:30):
six months worth of expenses in a savings account and
a lot of people think, ah, that's that's silly. Who
needs that much cash on hand? Well, yeah, if you
lose your job like that is not just peace of mind,
but it's a financial backstop for you. So the Yeah,
I think this is the perfect example of how important
an emergency fund is. And then also, I know we've
(31:51):
talked about this before, Amy, but a bare bones budget,
which is something I'm really fond of because I want
people to and I would ideally like people to do
this before, create a bear bones budget before stuff hits
the fan. But the bar bones budget is essentially saying, Hey,
what are my absolute essential needs and what are the
things that I'm spending on that I really enjoy but
(32:13):
I need to cut back on for the time being
because I've either lost a job, had some sort of
significant medical setback that costs me a lot of money,
and man, I've got to find a way to pay
for this in short order. The bear bones budget is
something you don't want to keep around long term, but
it is it is something that you can employ in
short term necessity status. We've got an article up on
(32:33):
howdomney dot com about how to create a barbones budget,
but I think it's a great exercise for everyone to
partake in. So the emergency fund combined with the barbones
budget can really help you out in the pinch.
Speaker 1 (32:43):
I love that idea because I know that, like when
you lose a job, unexpectedly.
Speaker 4 (32:47):
It's it's kind of a shock to your system.
Speaker 1 (32:49):
And if you already have something like you have the
plan in place and you're like, this is for my
rainy day, then when that rainy day comes, you go, Okay, okay,
I'm gonna be okay, I can cut this temporarily.
Speaker 4 (33:01):
I can cut this because you know what you can
and can't.
Speaker 12 (33:04):
You're coming into it from a position of confidence and forethought, right,
and just that adds so much to your ability to
remain emotionally stable during a tumultuous time. And I've just
heard from so many Out of Money listeners over the
year who have emailed and they've said, hey, listen, like
this really rough thing happened to me, but I was
prepared and I can't tell you how impactful that was
(33:27):
for my ability to get through the tough thing. And yeah,
there's something about preparing before. And it's like, I'm not
a doomsday prepper, but I think of those people who do,
like think they're really thoughtful about, well, what happens if
the zombie apocalypse comes and they've got like a root
seller in their backyard or whatever. And that's not my style,
but at least from a personal finance standpoint, you want
(33:48):
to have at least a little bit of inkling in
that direction.
Speaker 1 (33:51):
Okay, And of course, look at us, we're already running
short on time and we haven't even talked about things
we want to talk about today. The homeowners are leading
in our lent leaning and do refinancing, which it kind
of surprises me because interest rates are kind of still
up there.
Speaker 12 (34:06):
They are they are compared to where they were four
years ago, right, but they're down from where they were
just about a year ago, and not insignificantly. So we're
talking about, you know, rates, we're peaking above seven percent now,
rates are closer to the low sixes. And so we
are seeing more people interested in refinancing right now and
(34:27):
more people submitting applications, and yeah, does this make sense? Well, yeah,
it depends what your rate is, and it depends how
long you're planning on staying in the home. There's a
lot that you want to kind of decipher and think
through before you say, oh, yeah, rates are down, I
should refinance because refinancing is expensive and if it weren't,
if if refinances were free, I'd be like jump on it.
(34:48):
Even if you could save a quarter point but like
they're not. They typically cost thousands of dollars in closing costs.
So you want to figure out what your break even
point is, how long is it going to take me
to save money? And also you have to kind of
think about where rates are likely headed and if you,
I think over time rates will continue to go down
a little bit. But like it's really hard to read
(35:10):
those tea leaves, and so whether or not you refinance
depends on a slew of things. And also adjustable rate mortgages.
We've talked about this. They're becoming more popular, and understandably
so because the rates are a lot lower. Like I
found a local credit union that has something that's called
a fifteen to fifteen ARM, and you get the lower
rate for the first fifteen years, and when the average
American stays in their house for less time than that,
(35:32):
maybe you'll never even see a rate reset and you'll
just pay the lower rate for that whole entire duration.
So arms are worth looking at, but again it's something
that you need to take in to context of your
own risk profile and your own long term plans.
Speaker 1 (35:47):
Okay, great advice as always from Joel Larsgard, who's the
host of how to Money Sundays right here on KFI
from noon to two.
Speaker 4 (35:55):
You can also follow.
Speaker 1 (35:57):
Joel at how to Money Joel And then hopefully we
can put in our back pocket for next week. Some
talk about what people are doing instead of selling their homes.
Speaker 12 (36:06):
Yeah, let's do it.
Speaker 4 (36:07):
Okay, thank you, Joel, appreciate it.
Speaker 12 (36:09):
Thanks Amy.
Speaker 1 (36:10):
This is KFI and KOST HD two Los Angeles, Orange County,
live from 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 iHeartRadio app. 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
(36:30):
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 KFI and KOST HD two Los Angeles and Orange County.
Speaker 3 (00:21):
I got a good wake up call your host, Amy Kay.
Speaker 4 (00:31):
Good morning. It's five o'clock, straight up.
Speaker 1 (00:35):
This is your wake up call for Tuesday, October fourteenth.
I'm Amy King. Getting off to a suggy start for
the day. Here's my word of advice for you. As
you're getting up and about and making your coffee and
getting breakfast ready, try to get about ten minutes ahead
because you're gonna have to probably leave a little bit early.
It took me a little extra long because I didn't
(00:56):
speed quite as much as I normally do on away,
and there was there was some standing water. The rain's
coming down pretty good in the metro area. I know
in the ie it's just windy right now, but the
rain was coming down at a pretty steady pace. And
lots of spinouts because people were not going fast enough.
Speaker 4 (01:14):
And now Cono you said you had like four crashes
on the way in. Yeah, four on the one thirty four.
There's a big rig turned over. There was are one
car that just hit the wall like just now, like
just hit the wall.
Speaker 1 (01:26):
And when I was coming in right on the northbound
five at the one thirty four five split, it was
still on the five, but it was right there. As
you cut off onto the one thirty four there was
a there's a big rig that's sitting sideways and Will
just came in and said, that's a big one. So
that might be around for a little bit, so just
take your time.
Speaker 4 (01:45):
Again.
Speaker 1 (01:46):
It hasn't been heavy rain, but there is some standing
water and that hydro planning man that freaks me out.
And you don't want to get stuck in that because
when you start hydroplanning, you have no control over your car.
And it sounds like that's probably what's happening to people
this morning. So just a friendly word of advice, Please
be extra careful.
Speaker 4 (02:04):
Got a lot going on. Here's what's ahead on Wick
up Call.
Speaker 1 (02:08):
Evacuation warnings are in effect for people who live in
the burn scars of the Palisades and eaten fires as
a storm moves through the Southland. There are about one
hundred evacuation orders in a few areas. LAPD is going
around and advising people who are in the evacuation order.
Area forecasters say rain's going to continue off and on
(02:28):
through today could be heavy at times, increasing the risk
of flooding and mudslides. Up to one and a half
inches of rain is expected, could see two to four inches.
Speaker 4 (02:36):
In the mountains.
Speaker 1 (02:38):
The La County Board of Supervisors will consider declaring a
local state of emergency in response to ongoing federal immigration
enforcement raids. County officials claim the ice raids are preventing
people from going to work and forcing some businesses to close.
Speaker 4 (02:51):
Governor Newsom assigned a.
Speaker 1 (02:52):
Bill into law creating a Slavery Reparations Agency. The agency
will be tasked with coming up with a way to
give restitution were descendants of slaves in a state that
never had slavery. What those reparations will be has yet
to be decided, whether it's an official state apology, cash payments,
or something else. ABC's Jordana Miller's going to join us
(03:13):
from Jerusalem to talk about what's next is Israel and
Hamas head down the long road to peace and whether
that peace is possible. Also, ABC's Karen Travers is going
to join us at five point twenty to take a
look at the political side of things. As President Trump
joined about twenty world leaders in signing the ceasefire between
Hamas and Israel. In spite of interest rates, a lot
(03:33):
of people are refinancing. The host of How to Money
on KFI, Joel lars Guard's going to join us before
the top of the hour to talk about whether that's
a good idea and also some things to think about
before you do it. Let's get started with some of
the stories coming out of the KFI twenty four hour newsroom.
Parts of southern California are in for a soaking. The
reins expected to get more intense in some areas later
(03:54):
this morning, including in La County. That could mean mud
and debris flows and flooding. Carol Smith, with an National
Weather Service tells KFI people should avoid driving if they
don't have to be out, and especially like.
Speaker 5 (04:04):
Those canyon roads, if you don't need to drive through
the canyons, you know.
Speaker 4 (04:08):
You might wait till Wednesday because the weather's going to
clear out pretty quickly.
Speaker 1 (04:13):
The peak of the storm is expected to continue through
this afternoon. Thousands of unionized Kaiser Permanente workers are hitting
the picket lines to start a five day strike as
contract talks remain installed. The job action includes nurses, pharmacists,
and other medical staff in California and Hawaii. The union
is pushing for a twenty five percent raise over four years.
(04:33):
Kaiser has offered twenty one and a half percent, saying
anything more could raise healthcare costs. JPL and Pasadena is
cutting more jobs.
Speaker 6 (04:42):
Jet Propulsion Laboratory says more than five hundred workers will
be let go as it continues what its leaders call
an ongoing restructuring effort. Elimination of five hundred and fifty
positions follows last year's layoffs, which saw more than eight
hundred people lose their jobs. The federally funded center works
closely with NASA. It says the layoffs are not connected
to the government shutdown. Congresswoman Judy Chu says she's disappointed
(05:03):
by the Lab's announcement. She says it will cost the
country scientific knowledge and expertise. Michael Monks KFI News, we
have liftoff Go.
Speaker 4 (05:12):
Super Go Starship, thanks for all the historic flights.
Speaker 1 (05:15):
Bad one SpaceX is celebrating a successful test flight of
its Starship spacecraft. The ship and super heavy booster launched
from starbas In, South Texas just after six last night,
the eleventh flight of the Mega Rocket ended with the
ship splashing down and causing a giant qualifier in the
Indian Ocean as planned.
Speaker 6 (05:37):
As we said, we're not planning on recovering the ship today.
Speaker 3 (05:39):
Hey, welcome back to our starship.
Speaker 1 (05:42):
The test lasted just over an hour and included the
deployment of eight Monck Starlink satellites. I love this spacey stuff,
and I love that they're launching from a city called
starbas We're waiting on Jordana Miller in Jerusalem, checking to
see where she is. Of course, lots going on, so
we'll we'll give her a moment. And while we do that,
(06:03):
let's talk about the Dodgers jumped out to a one
nothing lead in their best of seven National League Championship
series against the Brewers.
Speaker 4 (06:12):
It was a great game.
Speaker 1 (06:13):
I don't know if you watch the game, but it
was spectacular in part because of a stellar performance by
pitcher Blake Snell.
Speaker 3 (06:21):
Full count, Blake Snell steps back. Here's his payoff. Hey
struck him out, froze over with a curveball in snell
Zilla terrorizing Milwaukee with eight shutout innings.
Speaker 4 (06:39):
That was a great A.
Speaker 3 (06:40):
New postseason career high ten punch outs for Blake Snell.
I still one nothing Dodgers as we finished the eighth.
Speaker 1 (06:49):
Okay, so snell Zilla. That was a fun game, and
we got another game tonight. We'll tell you about that
in just a moment. Okay, let's check in. Now we've
connected with Jordana Miller in Jerusalem. Jordana, good morning. The
hostages have been released, the fighting has stopped. Israeli troops
(07:09):
have pulled back to their greed upon yellow line, that
ceasefire deal signed in Egypt. But there's still a long
way to go to achieve peace.
Speaker 7 (07:19):
There is, and I have to say I think, you know,
I know that I and a lot of people in
this country are kind of in a state of disbelief, like.
Speaker 8 (07:29):
Really the war's over.
Speaker 7 (07:31):
There's you know, there's not you know, bombing going on,
and everyone's not anxious about the hostages. The ones that
made it this far, the twenty living ones they did.
They were released yesterday by Hamasamas followed through. They're in
the hospitals or with their families. We saw those really
joyful reunions. You know, it almost feels too good to
(07:55):
be true, right, Yeah, I think it's going to take
everyone time to kind of us to this and and
heal by the way, I mean healing for Israelis, healing
for Palestinians in Gaza who really never chose this war,
lived through utter hell, right. I mean, we have to
(08:16):
pray not not just for the success of President Trump's
plan in the in the bigger picture, in phase two,
which we're going to talk about in one minute, but
it's a plan that you know, God willing, will offer
a better future for Palestinians also, you know, living without Hamas.
And I think that's the real hard work that lies
(08:38):
ahead the palist you know, the president and the partnership
that he has here, regional leaders, the Kataris, the Egyptians,
the Imradis, the Israelis. Everyone really has to work together
to ensure that Hamas doesn't just step back into the vacuum.
Because there is a vacuum right now. We have to
(08:58):
be honest that that Hamas doesn't just step back into
that vacuum and you know, basically set its sights on
reasserting its control over civil life and you know, be
the military. Uh uh, you know thugs that are running
the streets. I mean, the challenge for President Trump is
(09:21):
ensuring that Hamas disarms, that the Interim Council, the Governing Council,
takes civil life out of the hands of Hamas UH
and that the International Security Force replaces Hamas as a
force on the streets, both as a military force as
(09:42):
a police force, right, And I think that's going to
be the critical next stage of this. But I think
people in Israel I think there you know, there are
some who doubt whether Hamas is really going to be
defanged and kicked out of the Godza strip, But there
are a lot of people who believe if Trump was
(10:04):
able to do this, then he can he can do
that as well.
Speaker 4 (10:07):
Okay, and Jared Donna, I have a question for you.
Speaker 1 (10:09):
You mentioned the Palestinians, and we know that they have
suffered greatly over this, that there's you know, the hundreds
of thousands heading back north and finding nothing there. But
as I've also heard a couple of reports that Hamas
is down but not out, and that there have even
been some executions of Palestinians by Hamas who are seen
(10:32):
to have been working like or have been shown in
favor of this ceasepire.
Speaker 7 (10:40):
Yeah, there's no doubt that. I mean we know because
there's video of it that's circulating, and the Israelis are
still sitting on forty percent of Gosen territory. They see
with their own eyes what Hamas is doing. Hamas, you know,
have no doubt about it. They are executing. They are
killing people who they believe, quote unquote collaborated with the
(11:03):
Israelis right and oppose their continued control of the Gaza strip.
They are trying to put not so much fighters back
on the street, which would be uh, you know, an
embarrassment to regional leaders and the president and really open
up the possibility for another military operation. But they are
(11:26):
putting their police, their armed police force on the streets
of Gaza, and that police force has to be replaced also,
right because they are they do belong to Hamas. They
you know, whether they like it or not. Palestinians are
at the mercy of Hamas and they until there's a
(11:48):
new governing body there and Hamas is kicked out and
they have to turn over their weapons, Palestinians are still
unfortunately vulnerable to their autocratic and rule. Right. The question is,
you know, will this interim period where Hamas is you know,
trying to reassert its power. Will it be cut short
(12:10):
by what's coming next? And I think that's where President
Trump said, you know, we don't nothing, We don't have
to follow some kind of order, right, you know, we're
going to work on things out of order and make
sure that things on the ground change. That's the most
important thing, right, what happens on the ground. And I
think these are going to be a critical critical several months.
(12:33):
And it is the possibility for a Hamah a Gaza
Strip without Hamas is on the table right now, and
that has not been the facts, right since Hamas took
over the Gaza Strip in a bloody coup, you know,
more than twenty just about twenty years ago. So they
have to be kicked out, they have to be dismantled,
(12:56):
their weapons have to be taken out. Right, you can't
kill the idea of Hamas, but you can get them
out of the gods. You can try to get them
out of the Gauza Strip, all right, and show people
there's another way, all right.
Speaker 1 (13:08):
Jordannah Miller, I'm sure that we're going to be unpacking
this as this clolds and as we move forward into
phase two. So thank you so much for the information
this morning. And we will talk to you soon.
Speaker 7 (13:19):
Thank you talk soon.
Speaker 1 (13:20):
All right, long way ago and interesting to hear say like,
we can't believe it because I know that we've talked
to Jordana several times when she's been sitting in a
bomb shelter because they've been lobbing missiles into Jerusalem and
that kind of stuff. So a good new reality for now.
We'll see if it holds. An evacuation order is in
effect for more than one hundred homes in the Pacific Palisades,
Sunset and Hurst Burnscar Is because of the risk of
(13:44):
debris flows LAPDS contacting residents in an evacuation center has
been set up. An evacuation warning is also an effect
through six am tomorrow for the Greater Burn Scar area,
residents being told to get ready to go if an
order is issued. The mother of a two year old
boy who died from a fentanyl overdose in Palmdale nearly
two years ago has been charged with murder. Anee Flores
(14:07):
was arrested late last week. She's being held on two
million dollars bail. Prosecutors say her little boy died of
fentanyl intoxification on November or in November of twenty twenty three.
If you're looking for some extra money for the holidays,
Amazon's hiring. The online giant says it is hiring two
hundred and fifty thousand full time, part time, and seasonal workers.
It's looking for drivers and workers for its fulfillment centers.
(14:31):
Hey average is twenty three bucks an hour plus benefits.
Let's say good morning now to ABC's Karen Travers. Karen,
we just talked to Jordana Miller in Jerusalem about how
they're kind of soaking in this whole thing and saying,
is this real and the fighting is actually stopped? But
we want to kind of take a look at President
Trump's world win trip to the Middle East and the
(14:53):
politics of.
Speaker 4 (14:53):
All of this.
Speaker 8 (14:55):
Yeah, it was a major milestone for the president yesterday,
and you know, he enjoys a victory. Lab wasn't surprising
that he was very eager to make that trip over there.
He wanted to meet with some of the families that
he has spoken to over the last two years and
be there with them as they had this incredible day
of joy after so much stress and sorrow. The President
spoke to the Israeli parliament and talked about how this
(15:17):
is a monumental moment for the Middle East, not just
Israel and Gaza. But he sees this as a potential
transformational point where you had these countries that were all
working together to get to this stage, and that he
thinks this could be a springboard for something else, something lasting.
Now that question, of course, remains to be answered, and
(15:37):
we have to see what happens in the coming months
and years with what will be very complicated negotiations for
the next stage, and what happens in Gaza, the governance there,
how do you set up a political system, can you
do disarm Hamas and does that last? And does the
ceasefire actually last there? And then the rebuilding which is
going to be very complicated and of course very costly,
(16:01):
and who pays for that?
Speaker 4 (16:02):
Okay?
Speaker 1 (16:02):
And then Karen, I know that the president said the
war in Gaza is over. But yesterday what was actually
signed was that the twenty point plan was signed, or
just the seaspire was symbolic.
Speaker 8 (16:14):
It was kybolic agreement that you know, this was a
moment that noting the hostages being released, noting the ceasefire
and an agreement to work toward peace.
Speaker 1 (16:25):
Okay, And this was obviously a victory lap for the President.
He's already been criticized for not talking more about what
comes next.
Speaker 4 (16:34):
What comes next?
Speaker 8 (16:37):
Yeah, well, I mean it's all those things I just
mentioned about what happens in Gaza, and the President said
yesterday the Face two negotiations are underway, but he didn't
give details of what that looks like at this point.
His Special Envoy Seve Witcoff said he has dug in
and will continue this work at the direction of the President.
But when does that continue, How is that timeline going
(16:57):
to play out? That's not clear. The President said yesterday
that this stage was the hardest and that the rebuilding
will be easier. I don't think you'll find a lot
of experts who would say that, because of the complicated
questions that are still to come.
Speaker 1 (17:10):
Okay, and we will be sorting through those complicated questions
as the weeks and months come along. And happy that
you are here to help us sort it out. Thanks, Karen,
drivers at the White House.
Speaker 8 (17:20):
Have a great day.
Speaker 1 (17:20):
All right, here's some more stories coming out of the
KFI twenty four hour newsroom. Opening statements or scheduled the
in Orange County in a wrongful death case against the
La Angels by The widow and parents have pitcher Tyler Skaggs,
who died of a drug overdose in twenty nineteen. The
twenty seven year old got the drugs from the team
communications director Eric Kay, who's been convicted of federal drug
(17:43):
charges and sentenced to twenty two years in prison. The
lawsuit alleges negligence in the way the team supervised k
and kept him on the payroll. LA Mayor Bass has
a new rival in next year's election.
Speaker 6 (17:55):
He's been a deputy mayor with superintendent of La City
Schools and publisher of the La Times. Now also Buttner
says he wants the top elected job at city Hall.
He announces campaign for mayor and wish He says he
would continue the city's battle against the Trump administration over immigration.
Speaker 3 (18:09):
Targeting people solely based on the color of their skin
is unacceptable and un American.
Speaker 6 (18:13):
Buttner says he voted for Mayor Bass in twenty twenty two,
but now says the city is a drift. The investment
banker and philanthropists started to run for mayor in twenty twelve,
but Withdrew Michael Monks KFI News.
Speaker 1 (18:25):
Governor Newsom has veto to bill that would have given
priority to descendants of slavery for college admissions. Newsom calls
the measure unnecessary, saying schools already have authority over those
kinds of things. Supporters of the bill say it was
aimed at repairing what they call historical harm. Critics say
the bill would have ended up in court as it
would have violated California's ban on race based admissions in
(18:47):
recent Supreme Court rulings. Alec Baldwin says he and his
brother Stephen are fine after he crashed into a tree.
The sixty seven year old actor posted on Instagram that
the crash happened yesterday morning in East Hampton, New York.
He says a garbage truck cut him off and he
feels bad he crushed his wife's range rover. Baldwin was
in the Hamptons for the International Film Festival. Smartphones have
(19:10):
cut the connection between women and the moon.
Speaker 9 (19:13):
Researchers say a link between the faces of the moon
and women's periods is going away. A century's worth of
data shows women's periods syncing up with full and new moons,
but that sink has weakened since around twenty ten, when
led lights and smartphones became a normal part of life.
Signed to say the blue light confuses the body's internal
clock because it's more like daylight than the warm yellow
light of incandescent bulbs. The study says the gravitational cycles
(19:36):
of the moon also play into the menstruation connections, so
when the moon's Sun and Earth are closest to each
other in January, the interference of smartphones is weaker and
the lunar Lady connections sinks back up. Michael Krozer kf.
Speaker 1 (19:47):
I News the Lunar Lady connection Michael Krozer, like I
said last week, I love his stories.
Speaker 4 (19:54):
That's great. Why is life so complicated?
Speaker 10 (19:56):
Oh my gosh.
Speaker 1 (19:57):
Uncertainty over the economy and tariffs is causing retailers to
rethink hiring for the holidays.
Speaker 11 (20:03):
These temp workers typically pack orders at distribution centers, surf
shoppers at stores, and build holiday displays during the most
important selling season of the year. A job placement firm
forecast at hiring for the last three months of the
year will likely fall to its lowest level since the
recession in two thousand and nine, or fewer than five
hundred thousand positions. That's fewer than last year's five hundred
(20:24):
forty three thousand temp jobs. The average seasonal gain since
two thousand and five has been six hundred fifty three thousand,
three hundred and sixty three workers. Deborah mark Kiffi News.
Speaker 1 (20:34):
Yeah at Amazon's hiring two hundred and fifty thousand workers.
More than one hundred and fifty unvaccinated kids in South
Carolina have been quarantined after being disposed exposed to two measles.
The kids are from two schools in Spartanburg. They'll miss
class for twenty one days the period of potential transmission.
South Carolina is the latest state to have a measles
(20:55):
outbreak this year, and cases across the US have reached
the highest level in thirty years. Manager Mike Shilt, who
led the San Diego Padres to back to back ninety
see A win seasons for the first time in franchise history,
hanging up his cleats. Shilt just took over in twenty
twenty four, led the Padres to back to back playoff
appearances for the first time in nineteen years. Not so shabby,
(21:17):
but now he's out. The next Padres manager will be
the team's fifth in the last eight season. Something's going
on with the Padres. Dodgers jumped out to a one
nothing lead in their best of seven National League Championship
Series against the Brewer, thanks in part to the star
of the show, Freddy Freeman.
Speaker 3 (21:36):
Full count Patrick's payoff. Freeman hits went high in the air,
right field, drifting back. Churio on the warning track. He's
at the wall. It is gone. Freddie Freeman with a
sky scraping home run here in Game one, Oh Paul,
that just kept.
Speaker 4 (21:55):
Tonight the world cheries.
Speaker 1 (21:56):
The world champion Dodgers take on the Milwaukee Brewers for
Game two of the National League Championship Series. The first
pitch goes out at five oh eight, and you can
listen to all the Dodger games on AM five to
seventy Sports Live from the Galpin Motors Broadcast booth, and
stream all the games in HD on the iHeartRadio app
keyword AM five to seventy LA Sports Go Blue. Thousands
(22:18):
of Kaiser Permanente workers are planning to walk off the
job today. Their union says the strike comes as contract
talks remain stalled. The two sides appear to be pretty
far apart on wages. The strike effects thirty one thousand
Kaiser workers in California and Hawaii. Kaiser says its medical
facilities will remain open during the five day strike. SpaceX
(22:38):
has successfully launched its Mega Rocket Starship. The eleventh flight
of the largest rocket ever ended Monday, with the spacecraft
splashing down in the Indian Ocean as planned. The test
flight lasted just over an hour and included the deployment
of eight simulated Starlink satellites. There was also a successful
relight of one of the engines. While in Spain, It's
(23:01):
the Great Pumpkin Charlie Brown. Brandon Dawson from Santa Rosa
has won this year's half Moon Bay Great Pumpkin Way
off his giant orange orb weighed in at twenty three
hundred and forty six pounds. Dawson also won it last year.
His gord is still shy of the world record. A
pumpkin in England has that distinction, weighing more than twenty
eight hundred pounds at six oh five tandle On the news,
(23:24):
even President Biden and Hillary Clinton are giving kudos to
President Trump for the Mid East peace deal.
Speaker 4 (23:30):
Bil's going to tell you more about that.
Speaker 1 (23:31):
Here's what we're following in the KFI twenty four hour newsroom.
Speaker 4 (23:35):
The heavy rain is moving in.
Speaker 1 (23:37):
Ariel Cohen with the National Weather Service says the rain
and wind will be significant for most of today.
Speaker 10 (23:43):
All areas in Los Angeles will be at some level
of risk for experiencing wind damage.
Speaker 1 (23:50):
The recent burn scars could see several inches of rain.
Mandatory evacuation orders are in place for about one hundred
properties in the Palisades, Hurst and Sunset fire areas. Evacuation
warnings are in effect in the Eton Fireburn Area Authority
say anyone who is near an area that tends to
flood should be ready to get out immediately. House Speaker
Mike Johnson has warned the government shut down could be
(24:12):
one of the longest in history. Neither side is showing
any signs of giving up or giving in. Johnson says,
if the Democrats keep up their obstruction, in his words.
Speaker 4 (24:22):
That's where we're going to be headed.
Speaker 1 (24:24):
The Senate's expected to vote on bills for the eighth
time today that would end the shutdown, which is into
day fourteen. LA County supervisors are set to consider declaring
a local state of emergency in response to the ongoing
ice raids. Board members claim the immigration enforcement actions are
preventing people from going to work and forcing some businesses
to close. The board could also impose eviction not evacuation.
(24:48):
I know, I got evacuations on the brain. Could also
impose an eviction moratorium down the road or other protections
for people impacted by the raids.
Speaker 4 (25:00):
Ellen, accused of shooting at a sheriff's.
Speaker 1 (25:01):
Deputy during a traffic stop in Harupa Valley in May
and then hiding out in Mexico, has pleaded not guilty
to attempted murder of a peace officer and other crimes.
It was returned to California last week after being caught
by Mexican state police. He was arraigned in Riverside yesterday.
Turns out most Americans don't wait until Halloween to dig
into the candy.
Speaker 10 (25:21):
A study on behalf of CVS Pharmacy shows the average
American gobbles up their Halloween candy stash twice before seeing
their first trick or treater. In fact, one in four
of the two thousand surveyed admitted they've had to restock
three times or more. Of whopping fifty five percent said
they have to rush out to buy candy at the
last minute. Mark Ronner KFI News.
Speaker 4 (25:40):
Okay, I gotta admit I have I have my reesi'st
pumpkins right here.
Speaker 1 (25:45):
I brought them in well because I had to test
them because they're Reese's peanut buttercups are like one of
my favorites along with butterfingers. And I'm really kind of
disappointed because they're smaller and they don't look like pumpkins.
Bring thee to Yacono. You can taste test it and
see what you think. But I think they're a little wonky.
This year, time to get in your business now with
(26:06):
Bloomberg's Denise Pellegrini.
Speaker 5 (26:08):
Good morning, Denise, Good morning. Gave me and this report
is sponsored by Fidelity. I got to tell you, if
you're thinking about making some home improvements, you better listen
up because it's gonna cost you more. As of today,
Amy the US collecting tariffs on imported timber, lumber, kitchen cabinets,
bathroom vanities, and even upholstered furniture twenty five percent levies
(26:32):
on imported cabinets, ten percent on lumber. This could be
a bargain, though, because the tariffs on upholstered wooden products.
They're going to go up again to thirty percent January first,
and the tariffs on kitchen cabinets and vanities are going
up to fifty percent. All this, of course could drive
the price on new homes higher as well.
Speaker 1 (26:51):
Okay, and speaking of prices car buyers, kind of tough
for car buyers right now.
Speaker 3 (26:57):
Yeah.
Speaker 5 (26:57):
Kelly Bluebook says the average price of a new car
in the US topped fifty thousand dollars for the first
time last month. Analysts with KBB parent Cocks Automotive says
this means the twenty thousand dollars vehicles pretty much extinct.
And Edmunds says the new car buyers are now stretching
loan lengths to seven years or more. I was thinking
about that. At seven years our car had something like
(27:20):
two hundred and thirty thousand miles on it. If we
had a seven year loan, we'd still be paying that
off with a new drive card. It's pretty much extinct.
We did got a big family, so a lot of
you know, are shuttling the kids around. Okay, shuttling the kids,
all right, Curious about this one.
Speaker 1 (27:37):
Denise the Dodgers Brewers games are being watched really closely nationwide.
Speaker 4 (27:42):
How come?
Speaker 5 (27:43):
Yeah, not just because the Dodgers are so great, which
thank you already know. Yeah, And not just because the
Brewers are the underdog, right and there's some drama there
which is kind of cute. The big question is that
the entire business model is at stake. The big question
for players, management, and investors. Can the low budget team
of cast offs and unknowns i e. The Brewers actually
(28:05):
beat the amazing Dodgers, the most expensive team ever assembled,
with as the Wall Street Journal calls it, the three
headed monster of shoe Otani Muki Beck's and Freddie Freeman
Journal points out, a team with bottom ten payroll hasn't
won the World Series in more than twenty years. Amy,
if the Brewers somehow actually managed to win the best
of seven series, and Amy, I'm not saying the coot,
(28:25):
just saying theoretically here, but if the Brewers somehow did
actually manage to win the series, the union will likely
view it as proof the MLB's free market model works.
Speaker 4 (28:35):
But a Dodgers victory.
Speaker 5 (28:37):
Will give ammunition to unhappy owners right who claim the
deck is stacked against lower budget teams like the Brewers.
Some owners want those salary caps that the union has
been resisting. As you know MLB's Collective marketing agreement. It
expires next year, with a standoff being the way as
we could be headed toward a lockout at the end
of next year. NFL, NHL, NBA, they all have salary caps.
(28:59):
Baseball's last big holed out. So watch tonight's game. We'll
see what happens.
Speaker 1 (29:03):
Okay, it reminds me of Moneyball. Remember that great movie
with a Rabitit about the A's Yes. Okay, Denise Pellegrini
getting in your business with Bloomberg as we do every
morning at five forty.
Speaker 4 (29:14):
Thanks Denise, Thank you my pleasure. All right, About.
Speaker 1 (29:17):
Five hundred and fifty workers at NASA's Jet Propulsion Laboratory
and Pasadena are going to be getting pink slips. The
Space Agency's directors is the layofs are necessary as the
lab continues to reorganize operations in the face of limited funding.
The job cuts are not related to the current federal
government shutdown. LA City councils expected to give final approval
to a hike in trash collection fees in the city.
(29:39):
It would be the first increase in seventeen years, trash
fees would go up from a single family home for
from about thirty six to fifty six dollars a month
and would go into effect next month. The new rates
will put the city more in line with Bourbank, Culver City,
Long Beach in Santa Monica. The Dodgers have taken a
one game lead in the best of seven National Championship
(30:00):
Series in Milwaukee. Game two is tonight. First pitch goes
out at five oh eight. LA won it last night
two to one over the Brewers. Game three then happens
at Dodgers Stadium on Thursday, and you can hear all
the Dodgers games on our sister station, KLAC AM five
point seventy. Let's say good morning now to the host
of How to Money on KFI. It's our very own
(30:22):
Joel Larsgard. Hey, Joel, really quick. Last week we were
talking about emergency funds and how important it is to
set it up, and I started thinking about it because
if the shutdown, people who work in the government, whether
they're working or they're furloughed, they're not getting their paychecks
right now, which sort of increases the importance of that
emergency fund for something unexpected like this.
Speaker 12 (30:44):
Yeah, I mean, it certainly does, and it's just a
good it's a good reminder to all of us to
recheck our emergency funds because this sort of thing can
can happen. And this was being you know, telegraphed the
showdown between the Democrats and Republicans. How long is the
is the government going to remain shut down? How long
are people going to be furloughed not receiving paychecks? And
(31:07):
will some of those threats come to pass of not
receiving that back pay that's legally owed to the workers
who have been furloughed. And we're talking like, you know,
close to a million a million people not getting a
paycheck when they expected it. So yeah, this is the
exact reason that emergency funds exist. And you know I
talk about that basic key fund, Well, I want people
to save beyond that too, typically having like three to
(31:30):
six months worth of expenses in a savings account and
a lot of people think, ah, that's that's silly. Who
needs that much cash on hand? Well, yeah, if you
lose your job like that is not just peace of mind,
but it's a financial backstop for you. So the Yeah,
I think this is the perfect example of how important
an emergency fund is. And then also, I know we've
(31:51):
talked about this before, Amy, but a bare bones budget,
which is something I'm really fond of because I want
people to and I would ideally like people to do
this before, create a bear bones budget before stuff hits
the fan. But the bar bones budget is essentially saying, Hey,
what are my absolute essential needs and what are the
things that I'm spending on that I really enjoy but
(32:13):
I need to cut back on for the time being
because I've either lost a job, had some sort of
significant medical setback that costs me a lot of money,
and man, I've got to find a way to pay
for this in short order. The bear bones budget is
something you don't want to keep around long term, but
it is it is something that you can employ in
short term necessity status. We've got an article up on
(32:33):
howdomney dot com about how to create a barbones budget,
but I think it's a great exercise for everyone to
partake in. So the emergency fund combined with the barbones
budget can really help you out in the pinch.
Speaker 1 (32:43):
I love that idea because I know that, like when
you lose a job, unexpectedly.
Speaker 4 (32:47):
It's it's kind of a shock to your system.
Speaker 1 (32:49):
And if you already have something like you have the
plan in place and you're like, this is for my
rainy day, then when that rainy day comes, you go, Okay, okay,
I'm gonna be okay, I can cut this temporarily.
Speaker 4 (33:01):
I can cut this because you know what you can
and can't.
Speaker 12 (33:04):
You're coming into it from a position of confidence and forethought, right,
and just that adds so much to your ability to
remain emotionally stable during a tumultuous time. And I've just
heard from so many Out of Money listeners over the
year who have emailed and they've said, hey, listen, like
this really rough thing happened to me, but I was
prepared and I can't tell you how impactful that was
(33:27):
for my ability to get through the tough thing. And yeah,
there's something about preparing before. And it's like, I'm not
a doomsday prepper, but I think of those people who do,
like think they're really thoughtful about, well, what happens if
the zombie apocalypse comes and they've got like a root
seller in their backyard or whatever. And that's not my style,
but at least from a personal finance standpoint, you want
(33:48):
to have at least a little bit of inkling in
that direction.
Speaker 1 (33:51):
Okay, And of course, look at us, we're already running
short on time and we haven't even talked about things
we want to talk about today. The homeowners are leading
in our lent leaning and do refinancing, which it kind
of surprises me because interest rates are kind of still
up there.
Speaker 12 (34:06):
They are they are compared to where they were four
years ago, right, but they're down from where they were
just about a year ago, and not insignificantly. So we're
talking about, you know, rates, we're peaking above seven percent now,
rates are closer to the low sixes. And so we
are seeing more people interested in refinancing right now and
(34:27):
more people submitting applications, and yeah, does this make sense? Well, yeah,
it depends what your rate is, and it depends how
long you're planning on staying in the home. There's a
lot that you want to kind of decipher and think
through before you say, oh, yeah, rates are down, I
should refinance because refinancing is expensive and if it weren't,
if if refinances were free, I'd be like jump on it.
(34:48):
Even if you could save a quarter point but like
they're not. They typically cost thousands of dollars in closing costs.
So you want to figure out what your break even
point is, how long is it going to take me
to save money? And also you have to kind of
think about where rates are likely headed and if you,
I think over time rates will continue to go down
a little bit. But like it's really hard to read
(35:10):
those tea leaves, and so whether or not you refinance
depends on a slew of things. And also adjustable rate mortgages.
We've talked about this. They're becoming more popular, and understandably
so because the rates are a lot lower. Like I
found a local credit union that has something that's called
a fifteen to fifteen ARM, and you get the lower
rate for the first fifteen years, and when the average
American stays in their house for less time than that,
(35:32):
maybe you'll never even see a rate reset and you'll
just pay the lower rate for that whole entire duration.
So arms are worth looking at, but again it's something
that you need to take in to context of your
own risk profile and your own long term plans.
Speaker 1 (35:47):
Okay, great advice as always from Joel Larsgard, who's the
host of how to Money Sundays right here on KFI
from noon to two.
Speaker 4 (35:55):
You can also follow.
Speaker 1 (35:57):
Joel at how to Money Joel And then hopefully we
can put in our back pocket for next week. Some
talk about what people are doing instead of selling their homes.
Speaker 12 (36:06):
Yeah, let's do it.
Speaker 4 (36:07):
Okay, thank you, Joel, appreciate it.
Speaker 12 (36:09):
Thanks Amy.
Speaker 1 (36:10):
This is KFI and KOST HD two Los Angeles, Orange County,
live from 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 iHeartRadio app. 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
(36:30):
AM six forty and anytime on demand on the iHeartRadio app.
Wake Up Call with Amy King News
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