again. we get the results from starbucks this week. and nordstrom as well on friday. oil companies are reaping record level profits. even as many americans struggle to pay for gas and other basic necessities. how is that happening? that is right. so as the price of oil has skyrocketed, so have the company s profits. just to give you some numbers here on friday, exxonmobil announced it had booked more than $18 billion in profits for the quarter. chevron made around $11.6 billion. if you combine all of the profits with the company shell, the three of them combined, they made $51 billion. just three companies. that is up more than 100% from where they were a year ago. and of course, this is getting some political backlash with president biden, only a month ago, saying that exxonmobil had made more money than golf this year. that is true. and here s an update on our
the administration for governor murphy will get $30 million. where does this end, jack? in phil murphy s world it doesn t end. this is a guy who increased the budget in five years from $36 billion to $51 billion. unprecedented increase and pretty typical of what you see with progressives defined by excess. excess taxation, spending, regulation, control over people s families. so this is the pollz. it bothered me greatly that we provide rebate checks to people who lead it next and the gas tax burden to lower income people. it s not a good policy. bill: interesting to watch your state. i don t know what happens in november in new jersey but you made it very interesting last november in a heck of a run that surprised a lot of people. thank you, jack. nice to see you and come back
ago. huge crowds are forced into the president gotabaya rajapaksa and he fled the country and resigned and out the country needs money to buy food and medicine and fuel and are asking the imf to provide them an emergency loan which means mr wickremesinghe should stop talking to the imf and continued negotiations to get this emergency loan and secondly, they have an external debt of $51 billion so the need to sit with international creditors to restructure their loans and get the economy back on track to the hardships of the people can be reduced. now it s time for a look at the weather. good morning. victoria is absolutely right, it is going to be cool about by right, it is going to be cool about by ten to 15 degrees today, but we have a bit of cloud in the west drifting east, producing showers this morning and we will see
they are working really hard overnight to get the maximum support. but now ranil wickremesinghe has the major challenge of rebuilding the economy and bring in this country together. there are two new divisions here in this island nation. it is not a normal election. this is not a normal situation sri lanka is going through it is an unprecedented economic crisis. they re basically bankrupt, no money and that is what led to protests to start three months ago. and then huge crowds forced into the house of the president mahinda rajapaksa and he fled the country and resigned. the country needs money to buy fuel, food and medicine. and they are already asking the imf to provide them with an emergency loan which means ranil wickremesinghe should start to talk with the imf continue the negotiations at them to get this emergency loan. second, they have an external debt of $51 billion, said need to sit with the international creditors to re structure the loan and also get the money back on tra
into the house of the president gotabaya rajapaksa and he fled the country and resigned. the country needs money to buy fuel, food and medicine. and they are already asking the imf to provide them with an emergency loan which means mr wickremesinghe should start to talk with the imf, continue the negotiations with them to get this emergency loan. second, they have an external debt of $51 billion, they need to sit with the international creditors to re structure the loan and also get the money back on track so the hardships of the common people can be reduced. inflation the rate at which prices are rising rose to 9.4% in the uk injune. it s a fresh 40 year record. it s been driven by petrol, energy and food costs. the figure comes a day after public sector workers were offered below inflation pay awards. and there are fears that inflation could reach 11% this year. the chief secretary to the treasury, simon clarke, said it was a critical