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NJ | Weather

NJFORECAST

Is storm watch sea meteorologist Mike Rizzo, with the weather, weather conditions today are going to be beautiful for the first night of Hanukkah. You're going to love this weather, everyone. The conditions are going to be cool and crisp, typical for this time of year. And we have just a few clouds parting ways with our sky to make for a beautiful evening. As the sun sets tonight, temperatures will be near 37 degrees and we continue to cool off into the overnight. So enjoy have a Latke for me. It's going to be an amazing experience for the next couple of nights as well except for Sunday. Now, Sunday, here's what we know, don't it will rain Sunday for sure. It's likely going to be at night. But what we don't know is what time I think it's going to be after sunset on Sunday, but I'm just not 100% certain exactly what time yet. We do know downpours are coming through and there will be some damaging gusts associated with this thunderstorm squall that slides right across the state of New Jersey. So for today, we have a couple of flurries and sprinkles across the Delaware River, but that's essentially it for this morning. We will end up with dry weather for tomorrow morning at 31 degrees. We get back into the fifties tomorrow in Ocean County, around 50 to 51 everyone else around 48 to 49 degrees under a mostly sunny sky that gives us a beautiful day. So Friday is a thumbs up. It is a fantastic day and it stays really nice into Saturday as well. Saturday is even warmer in Ocean County, we've got around 53 to 59 degrees. Even Monmouth County at 55 Bergen Passaic County. Hudson County is coming in near 57 degrees and Morris County and Morristown around 55 and Flemington in 100 County at 51 it's just a beautiful day. But of course, we are going to keep an out for Sunday because Sunday's weather front is going to be a timing issue, right. We don't know exactly what time I think it's coming in the evening. So that does bring us downpours and strong gusts up to 30 to 50 MPH. The timing is important because you need to know when you need to deflate Rudolph or Santa, you know, the decorations outside. We don't want Santa Rudolph to truly fly away. Go to the next house if you know what I mean. But either way, you know, let's just prepare for Sunday night's stormy weather because next week it does look really nice. It's just a hurdle of Sunday that we need to get through.

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Weather

Brooklyn

BK | Weather

BKFORECAST

Now, the question I have about the mayor is that the weather down in DC, a warmer than the weather here because it's got to be at least a little bit better. It is a little bit warmer in DC. But you know, we are dealing with that really cold pocket of air that is taking us just for one more day. But we are going to turn our eyes for the weekend an early look for what are some potential impacts for this storm. So some thunderstorms in December, that's what is possible for Sunday evening into Monday, steady rain isolated flooding high winds of 40 MPH or even stronger that can knock down some decorations even cause some scattered power outages and then temperatures start to crash. So we're forecasting a high of 61 on Sunday by Monday night. It's going to be in the 30. So that's something that we need to monitor in terms of tomorrow. Another very cold start, temperatures will be near 29 feeling much colder than that high. Tomorrow will be in the low forties, feeling like the mid thirties throughout the day. A few flurries possible by the early afternoon drying out and clouds clearing out by Friday. Seeing more of that sunshine seasonable fill with highs in the upper forties. Saturday will actually be the pick of the week. We're going to see that beautiful sunshine highs in the mid fifties and then we're watching for some stormy weather on Sunday.

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Westchester

WC | Weather

HVFORECAST

Can send in your wishes until December 21st. I mean, Santa going high tech is very cool. He's got a lot of elves helping him get. Let's just shout out and Gen Zs who are like Santa, we're gonna, we're gonna Instagram account. Meanwhile, I've never been more like eager to get to the mailbox when I get home. I'm like, yes his card, the holiday cards can to brighten up your mood on a bad weather day. We had some bad weather days. I don't get them from the mailbox on that day. Well, someone's going to have to for you and then your mood will be brightened, right? As uh as uh we take a look at our storm watch featurecast for Sunday. So today and through Saturday overall, no major weather impacts, but we just want to make sure you are planning ahead for and ready for what is likely to come on Sunday, Sunday morning. It looks dry right now, but there will be an increasing chance for periods of rain showers to develop a Sunday afternoon. Now, this is not really what we're concerned about. The concern comes in Sunday evening and Sunday night as the intensity of the rain ramps up after eight or nine o'clock, Sunday night, it'll be warm. Temperatures will be in the upper fifties to near 60 at the same time the wind is picking up too, but expect a good soaking rain Sunday evening up and through about say four o'clock or so on Monday. Now, a of times, computer models can't handle the wind gusts, well, several days out from a storm like this. So I don't expect widespread 50 mile per hour gusts. But I do expect those winds to ramp up in the 30 to 40 mile per hour range of times. And that can lead to some scattered power outages. Sunday night into early on Monday. In addition to blowing around those holiday decorations that you might have up as far as today goes, go with the heavy cold all day. It's a very similar day to yesterday. A couple of flurries around the light pass snow shower, otherwise mostly cloudy and dry with highs in the upper thirties today. So mood canst stay overall today is fine. Just watch out for a little brief light snow shower throughout the day. Highs in the upper thirties overnight tonight, back down to around 30 or so for those late night temperatures into tomorrow morning. Nice and more seasonable tomorrow pick of the week. Saturday 54 a storm comes in Sunday evening into very early Monday morning. The rest of next week looks dry with highs in the forties.

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Long Island

LI | Weather

LIFORECAST

All right back in the weather center now with rich, we are feeling these low temperatures, cold temperatures out here this morning. Thanks to that wind, teens and twenties and rich. That's what you dress for. If you're going to be outside for a prolonged period of time, you do have the cold weather conditions around the island that wind is with us today, temperatures are below average right through the afternoon hours. And for the start of Hanukkah, we're going to be looking at towards sunset at 425 the clouds going to be with us. There is a slight chance of a rain or snow shower into our afternoon similar to what we had yesterday. A little bit of a nuisance moisture coming on through the big story today. The clouds and the cold weather conditions, temperatures are below average. With those wind chills, teens and twenties throughout our day. Notice the clouds flurry snow showers north and west. They're moving southward. And throughout the day, there will be a slight chance of a passing rain or snow shower, bundle up through throughout the day. Keep your feet warm yourself warm, the gloves, the hat, the scarf with a hyperlocal high only around 41 degrees. So the big story now is the cold air you can see through the afternoon hours into this evening towards sunset at 425 to 530. Temperatures are in the mid thirties, dry weather conditions, overnight temperatures drop into the lower thirties and then the winds change warmer weather for Friday afternoon with the sunshine, mid and upper forties and then a storm coming our way for Sunday into Monday. This will impact your travel plans trying to get to any sporting events, New Jersey, Long Island out the door to do some shopping rain developing Sunday afternoon, some of the rain Sunday night will be moderate to heavy at times into the morning hours of Monday that could impact your travel plans and also with the rain, some strong gusty winds, there's potential winds 40 to perhaps 50 MPH that will impact travel plans on Sunday into Monday morning. And also those Christmas decorations you may have to secure them or take some of them inside Sunday into Monday. Highs today are in the forties, chance of that rain and snow shower. It's cold today. Cold tonight. Lows are in the thirties. Saturdays beautiful 55 and then stormy weather late Sunday into Monday with rain and gusty winds.

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Hudson Valley

HV | Weather

Bronx

BX | Weather

Connecticut

CT | Weather

CTFORECAST

Ok. We started off with some really cold temperatures today, but you say things are gonna change, things are gonna change tomorrow will still be a nice chilly start, but we start to improve. Certainly for your Saturday, Saturday is gonna be a good day to get out and about take care of some things. Christmas decorating shopping, make sure that those decorations are tied tight. Sunday. We got a lot of rain and wind which are really gonna tear things down. I guess you could say as we get into your Sunday, I'm gonna show you what things look like in a little bit. But again for today, we're working with that colder air. 39 is the forecast said hi, we're really gonna feel like the thirties through out the day. Again, those feel like numbers for the later part of this morning are really gonna be in the twenties 26 for Newtown, 27 for orange and heading into this afternoon, we'll try to feel like the thirties will be at or around freezing. And again, once you catch those strong bursts of wind or those gusts, it's certainly gonna give you a winter like, feel So you do got a brace for that for your today tonight. It will be a chilly start for you tomorrow, we do start to rebound as we head into your Friday afternoon, we finally feel like the forties. And then the next story is Sunday's rain. We're watching for heavy rain that we know strong damaging winds gusts upwards to 40 maybe 50 MPH that we know. It's just the timing we're really trying to get, uh, in, I guess you can say congruence as we push forward into right now, looks to be the later half of your sunny so sunny morning looks to be ok if you got to run some errands. But listen, again, as mentioned, if you got those holiday decorations up around the house, you do want to maybe secure them a little bit tighter, maybe take them down because as we work with this heavy rain, which won't be the biggest issue. We could still see some coastal flooding. It's going to be those strong gusty winds upwards to 4050 maybe even 60 MPH for some spots. And again, as far as rainfall totals for right now, we're looking at maybe an inch to two when things are all said and done. But again, Sunday, the second half of your day into the early parts of your Monday will be the be that time period that we're watching for the system, um, to really bring in some messy weather as we wrap up the weekend and open up next and as we're getting into your Monday, yeah, we're looking at 58 degree high. That's gonna be for that very early part of your Monday. As we have that strong cold front, bringing in chillier air temperatures will be on the decline throughout the day. Becky.

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0807MoneyMartyFederalReservepayment_2023-08-07-09-33-24

Money with Marty: Instant payment system from Federal Reserve

0807MoneyMartyFederalReservepayment

Time now for your money with Marty and the Federal Reserve is building a new instant payment system. It's to help people and companies receive their money faster. It is called the Fed Now service. So Marty Cancer is here to talk to us about that. So this is designed really to make real time payments that are safe for people. Well, I think it's also to bail out the banks in a sense. Uh Normally the old days there was, was a clearing house when you present the check for payment at your bank, uh It goes to a clearing house and then the clearing house matches it with the bank that the check is drawn on. That's the way it's been going for years. The only difference was is how quickly you get to use your money. The money is really available almost instantaneously. But what's been happening right now is the banks are starting to extend the time that you can use your money from like overnight or a day to as much as seven days for certain checks to clear when they clear immediately. And the bank is using that as a float or extra cash that they can, they can invest overnight and make money because of the way the feds tightening up the cash that's available to banks. So, what they're doing right now is, is the, the fed is now saying to banks make it available and we'll cover it. They're taking that money out of the economy and they're making the person who deposits the check, get his money right away because remember if you're running a business and you get the check from a customer and that check is to be used to make payroll. But you, but you can't make that payroll for seven days because the bank won't let you have that money. You're really having to borrow money at a higher rate to pay payroll. So this is gonna help banks, it's gonna help, uh, uh, individuals gonna help businesses. It should be widespread and it's also gonna allow the bank, uh, the Federal Reserve to keep a better eye on banks and the cash available. So it doesn't have any cash crunches or bank failures. And it's also going to operate like 24 70, yeah. I mean, you should be, listen, if you, if your check is good, if the check that someone gives you for goods and services is good and the person's credit worth, you should be able to have available use of that money immediately. You shouldn't have to wait and the bank shouldn't be making money on, on your money because they're not letting you use it effectively and immediately. And the Fed is now hoping to get thousands of financial institutions large and small on board with that. Well, it should, I don't think there's, there's no reason why any bank or any credit union would not want to participate with the Fed because the Fed is really back stopping the, you know, the deposits and that will only help consumers. It will help the economy. It will make things happen quicker. So, for the people at home when they now deposit a check, they don't have to, they wouldn't have to wait for that and clear. Well, you gotta ask your bank if they're participating. See, that's the key. So if you're gonna go, if you're gonna shop around for new banks, I think that's a question, a fair question to ask the bank. Are you participating in the FED system? And how quickly can I use my money once I put it in? And that should be one of the, uh, aside from interest rates, the bank will give you on deposits and things like that. That's one of the questions you ought to ask a bank before you give them your money. Thank you so much, Marty for your time and your expertise.

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