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IMPERIAL BEACH, Calif. (KGTV) — Nine local couples will say their "I dos" at a South Bay car wash Friday.The couples are set to marry on Valentine's Day in a group ceremony at Soapy Joe's in Imperial Beach. The car wash will host the free ceremony with a 50-foot aisle featuring overhead vacuums booming into ceremonial arches, as LED lights and flowers surround the couples. Couples will walk down the aisle to live music and the company's "Soapy" character will act as the ring bearer.RELATED: San Diego dog groomer to set people kissing dogs world recordThe couples include an artist and military veteran, a pair of high school sweethearts, and two people who has already overcome a lot together following medical setbacks, according to the business."We welcome all couples to participate in the 'Tunnel of Love' wedding, and hope to see the military community represented in the participants. By performing this group ceremony, we’re creating a fun way to bring our community together for what is one of life’s most special occasions," said Ron Deimling, Soapy Joe's vice president of customer experience.As an added bonus, the couples will get free car washes for the life of their car and 0 in wedding gifts for their registry. One lucky couple will also win a five-day, four-night honeymoon cruise to Mexico from the company.RELATED: SDG&E: Keep Valentine's Day Mylar balloons away from power linesFriday, the San Diego County Clerk expects to marry more than 100 couples. An average wedding in San Diego can also run more than ,000, according to Business Insider. The car wash hopes this takes that stress and financial pressure off these newlyweds as they begin their futures together."This is a fun alternative for couples to make it official without the costs associated with traditional weddings, or long waits at the county courthouse on Valentine’s Day," said Anne Mauler, vice president of marketing for Soapy Joe’s. 1945
Housing and rates are worrying some economists that a recession is looming."One of the biggest concerns is the housing market," said Lindsey Piegza, chief economist for Stifel, on CNNMoney's "Markets Now" live show Wednesday. "It's throwing up a very large red flag and suggests maybe this 4% growth we saw in the second quarter is not sustainable."Home sales?have declined in four of the past five months as housing prices have grown -- but paychecks have remained stagnant. Many people can't afford to buy homes, and those who can are taking on a lot of debt to get into them.Piegza says that echoes what happened right before the Great Recession in 2008."We're not there yet, but this is what led us to the housing crash," she said.How could this happen again? Piegza believes that a decade of rock-bottom interest rates helped people forget about the dangers of borrowing too much."I don't know if we learned our lesson from the Great Recession," she said. "We are going back to a lot of the easy lending that we used to see."Although Piegza said a recession isn't necessarily imminent -- especially after quarterly growth just came in at the fastest pace in almost four years -- there are signs of waning momentum in the economy.Interest rates, for example, are starting to become a bad omen.The Federal Reserve, which finished up its two-day meeting Wednesday, is expected to raise its target rate two more times this year. Higher rates have boosted short-term US Treasury bond rates. But the longer-term bond rates haven't risen along with the shorter-term rates, because investors are growing wary about the economy over the long haul.With two more interest rate hikes planned, the Fed could boost short-term rates higher than long-term ones, inverting the so-called yield curve. An inverted yield curve has preceded every recession in modern history."We could easily be there by the end of the year," Piegza said. "I think we'll see pressure on the longer end by the end of the year, but the Fed will still be raising rates on the short end."Fed Chairman Jerome Powell has said that he is not concerned about an inverted yield curve. Piegza strongly disagrees."It is a predictive measure of a recession," she said. 2266
House Speaker Paul Ryan is not seeking re-election and will retire from Congress after this year, the Wisconsin Republican announced Wednesday."You realize something when you take this job," Ryan told reporters on Capitol Hill on Wednesday morning. "It's a big job with a lot riding on you ... but you also know this is not a job that does not last forever. ... You realize you hold the office for just a small part of our history. So you better make the most of it."He reminded reporters that he took the job "reluctantly" in 2015, when he took over from John Boehner, but Ryan also said he has no "regrets.""I like to think I've done my part," he said.Ryan's departure is a blow to GOP members who saw the Wisconsin Republican as a stable and policy-oriented leader in a party shaken by the tumultuous Donald Trump presidency. He has been a fundraising juggernaut ahead of the midterms this fall, and helped translate GOP agenda items into legislation such as a series of tax cuts and rolling back banking legislation put in place under Democrats.In his prepared remarks, Ryan focused on the tax law that passed last year as a key legacy he left behind and spoke at length about his desire to go home to Wisconsin to be home with his family. He said that the 2018 midterms and the chance that he wouldn't be speaker didn't factor at all into his decision to announce his retirement."None whatsoever actually," Ryan said.Trump, who has at times fought with congressional Republican including Ryan, tweeted praise for the speaker after his announcement."Speaker Paul Ryan is a truly good man, and while he will not be seeking re-election, he will leave a legacy of achievement that nobody can question. We are with you Paul!" Trump wrote. 1746
IHOP is introducing its own twist to Happy Hour by launching IHOPPY Hour.On Monday, the pancake place launched the new happy hour menu, which occurs between 2-10 p.m. each day."We created IHOPPY Hour as a way to provide folks with affordable opportunities to pancake together under our blue roof even more often,” said Jay Johns, President at IHOP in the press release. “We recognize that these are challenging times, and our belief is that, regardless of what’s going on in the world, we all deserve a little happiness, or ‘hoppiness’ as we like call it. By offering these fan-favorite menu items at unbeatable prices seven days a week, we hope to make every day just a little hoppier.”Customers will be able to choose popular menu items, entrees, snacks, sides, and drinks, and nothing will cost more than . 819
I just found out the @USPS is sending this postcard to every household and PO Box in the nation. For states like Colorado where we send ballots to all voters, the information is not just confusing, it’s WRONG. (Thread) pic.twitter.com/RoTTeJRJVl— Jena Griswold (@JenaGriswold) September 12, 2020 303