and those republican voters don t know any different. and meanwhile, stephanie, we are sitting in on 3.7% unemployment rate. we are sitting at, essentially full employment, 339,000 jobs created in may which was well above expectations. the average hourly wage only went up 0.3%, up to $33.44 an hour. there are all these disconnects, right, telling people going out and work when we are essentially at full employment. people are working. we have more open jobs than we have unemployed people in america. because of the mismatch, either they are in the wrong place or have the wrong training. you hit the magic number there. 339,000 new jobs. stephanie, when we used to get 150,000 jobs in a month we would think that was, whoa, blowing the roof off. 339,000 and yet look at the small wage growth, there. the poor people are not causing the problem, they re not causing the inflation, they re
it. the state senate rammed through his proposal to punish oil companies over price gouging claims, the bill will set a cap on company profits and impose a penalty when the cap is exceeded. newsom says it will bring down gas prices. critics are calling it a total job killer. larry kudlow, a long way of getting to the fact he s spending $7 million on a commission to track down price gougers when we have had numerous state, local, federal investigations to go find the gosh darn price gougers, never resulted in arrest, never resulted in a lawsuit. not one in any state. it makes good left wing politics. by the way, they are telling about how high gasoline prices in california have been coming down, i want to say that. 4.82, the national average is 3.44. that s because california has very scarce supplies and lots of taxes and regulations. a year ago californians had
shares of rival ubs climbed 15% over the same period. ubs is now buying credit suisse in an emergency effort to stabilize the global banking system. that remarkable takeover and intervention by central banks have not soothed jitters around the world. asian markets opened lower. europe down by bank stocks and in wall street, futures at this hour, fairly mixed here, searching for stability after a down week last week for the dow, while the s&p 500 and nasdaq closed up just by anxiety surrounding the bank stocks. on inflation watch, gas prices fell to $3.44 a gallon. watching oil prices from a down week. and critical for home investors, new data, a fed interest rate. and jobless claims this week and durable good it s, a lot to give us information about the state of the economy. i want to bring in lori
influence. we know there was a guy named jesse bentant, he got 18 months in prison for funneling russian money into republican campaigns. russians were all involved with the nra. it looks like ron desantis has decided to join their club your thoughts. you re exactly right. it s not long ago republicans celebrated ronald reagan standing up to the soviet union, and they constantly claimed by him being hard on the soviet union, allowed or forced the soviet union to collapse that they have gone off the deep end, i was thinking about your introduction about pi day and the reason this day was chosen, 3.44, but it s also einstein s birthday as i watch desantis and other republicans who want to replace donald trump and get past donald trump, i ll paraphrase einstein. einstein would have said, you can t solve the problem of donald trump by using the same thinking that created donald trump. right? and what they re doing is they
normally during the dog days of winter americans drive a little less so gas prices are lower, but this year prices are steadily ticking up. according to gas buddy, a website that tracks prices, the national average for a gallon of gas is $3.44, and that s a $0.17 jump since last month. forecasters believe prices could rise to $4 next month. marissa para joins me now from a gas station in washington, d.c. what is behind these rising prices? reporter: yeah, we ve been talking about the price of eggs for so long, i guess the fuel pumps were starting to feel jealous. when you look at the dollars and cents, what you re going to see is a jump of about $0.18. that may not sound like a lot. when you think about the fact that this is normally a time that fuel prices are supposed to be at their lowest and consistently so, we normally see