university poll find 10% of americans think the country is on the right track and 42% say they are struggling financially. doug luzader has more, good morning. doug: the president will be talking about a huge bail out for pension plans today while traveling to ohio. we re seeing administration targeting all levels of gas and oil industry for high gas prices, going after small gas station owners. the putin price hike message, just last week, he claimed russia, russia, russia. how does the president go from blaming putin to small business owners now? when you look at crude oil and wholesale oil prices, as well, they have declined about 15%. retail gas prices have only declined 3% over the same time period. doug: secretary of transportation took it a step further saying oil companies are happy about high prices. when it comes to high gas prices, i m mad about it, the president is mad, oil company executives are thrilled, we ve seen them saying they will not increase pr
president. police were chasing o.j. simpson in a white bronco. this time it s the feds chasing something else. not o.j. on the run, but prices out of control. experts call it getting ahead of the inflation curve. investors like what they saw. will you? after all, your borrowing costs just went up and stand to go up more. the hope is that the tough medicine will work and this inflation fever he break. the only question, of course, is when. we ve got you covered regardless. connell mcshane at the nasdaq and why traders are buying. the guy they call the sarge on whether order is returning. ed lawrence with jerome powell and gerri willis says many are rejoicing. welcome. i m neil cavuto. this is a much more expensive your world. for today at least, rejoicing at the prospect that it won t last very long. at least the high prices. we go to connell mcshane with more. connell? investors more than anything like what they heard from the fed chair, jerome powell, after the decision
oil by sending a strongly worded letter to the heads of seven oil companies, oh, boy. threatening to use emergency powers if they don t boost supply after bashing them for turning a profit. it comes as gas prices are have officially top $5 per gallon with no relief in sight. and if you can t afford the sky-high gas prices the white house says just buy an expensive electric car. he filled up your ev by charging and he filled up your gas tank with gasoline and you have the same size tank you would save $60 per fill up by going electric rather than using gasoline. it s very compelling but to your point we want to bring down the price at the point of purchase. she knows money, she has stock in electric vehicles i believe. biden s marks are so low in inflation that even cnn is turning on him. how do you gauge biden s performance read? awful pit all compared to carter, look at the disapproval rate the joe biden has an inflationary now. it s over 70%. carter was not even there
he s standing by life live. also growing concern the u.s. about the potential spread of another deadly virus. the cdc is now discussing whether to offer vaccinations for people at high risk of what s called monkey pox. a rare case has just been confirmed in this country. and as the buffalo shooting suspect appears in court, there s a new report just outside tout that some 15 peopl signed into an online chat room where he invited people to watch the racist attack where it happened. we want to welcome our viewers here in the united states and around the world. i m westolf blitzer. you re in the situation room. we begin with president biden hitting vladimir putin with a one-two punch. the united states now poise d t send billions of additional dollars in new aid to ukraine as the president is promoting new efforts to expand nato right now. our chief white house correspondent kaitlan collins is joining us live from seoul, south korea. the president is heading to asia, whe
Bracing for fires work in court again. Bob costello, a former Michael Cohen Legal Advisor about to resume testimony. At the end of court yesterday he and the judge did not see eyetoeye. What will happen on day 20 . Im bill hemmer live in new york city. Dana im dana perino and this is americas newsroom. Yeah, to say the judge was irritated. Trey gowdy had thoughts about that which well share. Lets get you this. The prosecution is about to resume its Cross Examination of robert costello. A lawyer who advised Michael Cohen back in 2018 when he was under federal investigation. The two had a falling out allegedly over outstanding legal bills. Bill those bills were high, too. Costello is a former prosecutor turned defense lawyer. Cohen told him he acted alone paying off Stormy Daniels. This is what costello said publicly. First in congress, then on our program last thursday. I said michael, the way this works is if you have truthful information about donald trump, thats clearly what they are