disappointing first quarter earnings report last monday. and now, jpmorgan chase will acquire most of first republic. that happened overnight. the fdic is closing the bank and selling off $93 billion of its deposits and most of the assets to jpmorgan. looking at markets around the world, all european markets and most asian markets are closed for the may day bank holiday. on wall street, stock index futures are barely mixed. markets are coming off a winning week and winning month to kick off the start of may. in april the dow gained 2.5% its best since january. while the s&p finished up one quarter percent. first quarter reports, uber and apple set to report. inflation gas prices held steady overnight, $3.61 a gallon. this is a significant week. we ve got data on job openings, the fed has a policy meeting, expected to raise interest rates and friday that critical april jobs report.
said he is not concerned about the president s age. i think people should judge a president on their performance in the record. not on their age. the president has a great record i talked about some of the economic factors. he has also been where the most productive presidents in recent history when it comes to legislative record. now, let s take a look at the recent fox news poll showing president joe biden s job performance and a number of categories that are all underwater national security, 45% rate russia/ukraine 43%. immigration 36% pay china, guns in the economy, all polling at just 35% approval. now the price of gasoline is also crept up in recent months. today according to aaa the average price of a gallon of regular gasoline is now $3.61 nationwide. recall back in the fall gas was heading down towards $3 a gallon some accuse the white house and doing a victory lap for the
the current price, $4.98. last week that was $5.13. last month, $5.36. one year ail eighth it was $3.61. they expect prices to drop in the next few weeks. thank you very much. appreciate that. now to some big news out of capitol hill. this morning arizona senator krysten sinema announced she s changing her party afill kwags kwags from democrat to independent. with don t spend a lot of time thinking about is this a republican idea or this z this a democratic idea. is this a liberal or conservative. that s not how arizonans think. a senior white house official tells nbc news sinema will continue to caucus with the democrats. the party just secured a 51-49 senate majority in the midterms. this shakeup comes at a busy time for lawmakers racing to get things done before the end of
busiest travel days of the year. cnn s pete muntean is live in washington. ooh, could be some gridlock today out there. the good news, pete, if you re stuck in traffic, my friend, gas prices actually falling a bit. reporter: it s so true, erica. that is a bit of good news, though you have to consider the fact this is the highest gas has been for thanksgiving rush, ever. $3.61 is the national average cob to aaa, but we re hearing from drivers, they re not actually undaunted. this is i-95 near woodbridge, virginia. you know this spot if you ve been driving here. this is the linchpin where everything comes to a grinding halt. weather kind up in the worst time right now to travel for the
been for a thanksgiving rush. $3.61 is the national average according to aaa. up from $3.40 not all that long ago, about a year ago. so you know, down from the highs of $5 which we saw on june 14th. but it s going down, just not really keeping folks off the roads. they can t really be daunted, especially when you look at traffic like this on i-95. it is not holding people back. yeah. pete, wonderful report. i got everything i needed. what s with these house phones hanging up next to you? from family ties ? you have a cell phone anywhere? reporter: it s a little old school. this is what we call the rcv, the roaming coverage vehicle. and yeah, we got land lines in here. it s so we can talk to you guys actually, although it s kind of outdated now. i m able to hear the earpiece on my phone in 2022. like a 1982 batmobile you re in right now.