the chips act. $53 billion major investment in chips and science in america. the private industry, because they did that on the federal level it is a ten times private investment. places like columbus, ohio making chips again which we outsourced for decades. harris: i will move back to cassie. i want to just get her response to all of that. the price of eggs is still very high, bread, so on and so forth and we have a chips act and that will take not potato chips. we will benefit from that technology. will it happen by november 5th? right. just as an american who wants to build things in america and have more made in the usa products, you hope so. the reality is we had a good thing going when president trump was in office. i am young enough to remember gas being under $2 a gallon. now again in pennsylvania you are up at $3.63.
loss since late march. gdp in the yoeurozone grew justt 1%. and in the u.s. 1.1% growth. right now index futures are learn lower. yesterday dow and s&p had their best day since january. stocks propelled by news that met ta posted better shares. and 30 year fixed averaging 6.43% and gas prices fell a penny overnight to 3.63 a gallon. feds preserved inflation gauge to pc indicator due out at 8:30 this morning. that will likely be the big driver. big week for tech. first quarter earnings coming in basically higher than expected for amazon, meta and microsoft. here to break down is dan ives
soon as there is god s will, the weather, and the decision by commanders will do it. norah? norah: charlie d agata in ukraine, thank you. an update now on a texas high school cheerleader who was shot and critically wounded last week. well, she is now out of a hospital. payton washington is now home and she is continuing her recovery. police say she was sought by a man in a supermarket parking lot after another cheerleader opened the door to a car she mistakenly thought was hers. then that man opened fire. well, that cheerleader was grazed by a bullet. the 25-year-old accused shooter is now facing a felony charge. back here at home, summer is just around the corner, but as the temperatures rise, so do gas prices. that is already the case in one of the nation s largest metro areas, phoenix, in fact, it s more expensive to fill up in parts of arizona than in southern california, or even some hawaiian islands. while the national average for regular gas is $3.63 a gallon, in arizona, it i
going up. at the moment, the national average is 3.55. now that is up 7 cents in a week. not much. when you look at ohio, the average for regular in ohio is 3.63. it s gone up 22 cents in two days. that is a spike. and our friend over at gas buddy say this is going to spread throughout the midwest and probably into florida. steve: the estimate. stuart: you are really looking at something serious here, a spike in gas prices? whoa. steve: estimating go back up to at least 4 bucks a gallon. stuart: i don t know where it s going to go but absolutely spikes at this point. fill up now sports fans. ainsley: how long will this last through the surgeon. this is the summer driving season the demand for gasoline is going to go up. it always does in the summer. if the supply is going down, yeah, you have got prices going up. brian: what about heating and air conditioning in your home. stuart: that, too. brian: tripled from a year and a half ago for most people.
airports jammed with people from chicago to los angeles. traffic was tough and going through the airport was very tough. so a lot of traffic and a lot of people. reporter: and in st. paul, minnesota, long lines at the checkpoint. typically, i come at this time when i fly out and there s not this amount of people. usually you breeze right through. reporter: american, united and delta expecting to serve a combined 18 million customers this holiday. roads seeing some of the busiest traffic, with nearly 49 million expected to drive. and while gas prices are falling, aaa says the $3.63 national average for a gallon is still the most expensive thanksgiving week average on record. i mean, what else can we do? we have to travel. you have to get to point a to point b. reporter: americans willing to fight the crowds, and their budgets, if it means getting away for thanksgiving. it tells us that despite the inflation, despite the high gas prices, people are still wanting to reconn