rates will likely stay where they are or could go even hire in short term. just a year ago 30 year fixed rate was 5.55%. we like our fast food news. and subway has a new owner basically. they saw raw capital is buying the chain for around $9.6 billion according to the wall street journal. and it already owns arby s, buffalo wild wings and sonic among others. they bring in about half a million dollars per location each year. and still ahead, the apparent death of former putin ally yevgeny prigozhin is raising a number of questions. not just who might be behind it, but also how it happened. they both remain a mystery. cnn investigates the plane crash next. s. you know you are retired right? am i? ya!
disbelief as not once, not twice but three times england tickled the timbers, not that pakistan saw the funny side of it. victory could still be theirs after half centuries for a mammal hack and soldier keel. imam s patients meant the last laugh today at least was england s. you can see more on all of today s stories on the bbc news channel. including all the latest on delete my continuing investigation into the explosion that destroyed a building injersey. the next news on bbc one is at 5.55pm. bye for now.
tax increase every month. what you are bringing is home is less than what the goods you purchase cost. the more you live paycheck to paycheck gas prices were going up. i pulled up to the gas pump and somebody right in front of me had pulled up and only bought one gallon of gas when the gas in tennessee was approaching $5.55. somebody trying to get their kid to school this is a brutal universe that joe biden created. i will say you look at that 60 minutes interview, the first one in 7 months, democrats lose every time biden opens his mouth. they had the tuesday event to celebrate the inflation reduction act as the stock market dropped. biden is the worst sales men for a disastrous policy.
a year later, a commitment to see the inflation fight through. we are taking forceful and rapid steps to moderate demand so that it comes into better alignment with supply and to keep inflation expectations anchored. this week only a few days left in august along with a data-palooza for the recession game. that critical jobs report for august set to be released later this week. the jobs market has remained incredibly firm in the face of recession fears and rising interest rates. the fed meets in september and is certain to raise interest rates again in its fight against high prices. the cure for inflation, of course, has its own side effect, it makes consumer borrowing more expensive for cars, homes, student loans, credit cards. the 30-year fixed rate mortgage starts at 5.55%, double what it was last year. in new york, i m christine romans.
appeared to praise high gas prices as an incredible transition. the president s confusing comments over taiwan completely overshadowed the other news he made in his press conference. he was asked if he was headed toward a recession and talking about these gas prices as if the rough patch we re working through is not to ultimately bring the prices down but to go all electric. president biden: here is the situation. when it comes to the gas prices, we re going through an incredible transition that is taking place and god willing when it s over we and the world will be stronger and less reliant on fossil fuels when this is over. today a gallon of regular hit $4.59, a record high. last month 4.12. last year 3.03. diesel is worse, 5.55 a gallon. last year it was 3.17. because truckers and farmers