and student loans? he didn t say that but the market is reading into it. he was looking a softer landing and what has changed since then. martha: he has to be wondering why they got dumpon his plate. he s in a difficult environment to fight inflation. now you have billions more in stimulus that are coming down the pipeline. close too a trillion a you lly. thank you, jackie. the dow down 908 points right now. about 20 minutes left in the trading day on a friday afternoon. so exactly one year ago in the final dark days of our chaotic exit from afghanistan, scores of civilians and these 13 u.s. service members whose pictures we have on our wall here on the left-hand side were killed in a horrific murderous suicide bombing that happened at kabul s airport.
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i m not saying that we will definitely avoid a recession, but i think there is a path that keeps the labor market strong and brings inflation down. and here is a quick check of the markets now as concerns about the economy simmer, markets looking open to mixed, dow down, s&p 500 is down and nasdaq up as you can see there in the green. but there is good news at the gas pump, aaa reports prices are continuing their steady decline, for now averaging about $4.36 a gallon, that s down from nearly $5 a month ago. okay. still to come, there are growing concerns over the deal to export ukraine s grain after a missile strike at the odesa port. cnn s ivan watson is live in ukraine with the details. reporter: that s right, christina. i will have an update on russia s ongoing blockade of ukrainian ports and the latest
that would help a lot now. get rid of all these anti-fossil fuel regulations. that would help now. we need to produce more oil and gas. we need to produce more gasoline for heaven sakes. why don t you help the refineries. bill: you have the wrong management team in place at the highest levels to do what you want. thanks for coming on today. you think they re the wrong team? i will have to ponder that. martha: dow down 56 points. thank you so much. i encourage everybody to listen to the untold story. this is not the larry kudlow we were hearing from, an economic genius, the personal side and downfall of redemption and of salvation and it is really an amazing personal story that larry has. if you don t know it, i suggest you listen to it. bill: he celebrates 35 years of marriage. you and your wife, happy anniversary. cool. check this out. president biden: the scourge of anti-semitism still marches
the dow down, the s&p slightly higher but still the worst week since 2020. we also learned that wages in the united states are climbing at their fastest rate since the mid 1980s, but inflation has climbed up so quickly that workers have been been handed a pay cut. america is in a stronger position than any other nation to overcome inflation. and he addressed rising fuel costs. in the united states, i m using ever lever available to me to bring down prices for the american people. and our nations are working together to stablize global emergency markets including the largest release from the global oil reserves in history. the white house is pushing back on the grim economic outlook with officials saying a recession is not inevitable.