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Transcripts For FOXNEWS Americas Newsroom 20240707

primaries today including california. bill: topping voters concerns is the price of gasoline. another day and all-time high. $4.91. we hit 28 new highs. the number more than doubling since biden took office. dana: 6 in 10 people are pessimistic on achieving the american dream. we begin at the white house with peter doocy. imagine, peter, the white house is you would think they re feeling some pressure. are you seeing any evidence of that? if they are feeling pressure, that s not exactly what they are saying at the microphone because as many americans including those polled are wondering what more can be done to lower gas prices, officials here are saying we ve already done it. like tapping the strategic reserves. a million barrels a month for six months. that is a big, big deal to be able to do. the home grown biofield, e-15 will help families in the midwest. we understand there is more work to be done but we re continuing to take steps and encouraged because of wh

Transcripts for BBCNEWS Asia Business Report 20240604 00:38:00

because they are afraid of congestion, they are afraid of higher prices, they are concerned perhaps an increased likelihood of security incidents, so the actual net gain in terrorism is more up in the air. there have been many cities who have hosted the olympic games in the last 20 years who have actually lost net visitors. so there is a possibility that there would be increased tourism but there you are talking about may be bringing in through hotel fees, restaurant fees, may be talking about bringing in 700 million, $800 million, and if you are spending on the other hand $7 billion in order to host the games, and even that figure is a figure about the operations of the games, it doesn t include all of the infrastructure, it doesn t necessarily include all of the security costs, it doesn t necessarily include all of the costs associated with the athlete village, and so the actual calculus at the end of the day is not that favourable, and more and more cities have learned that, and tha

Transcripts for BBCNEWS Asia Business Report 20240604 01:38:00

in tourism is more up in the air. there have been many cities who have hosted the olympic games in the last 20 years who have actually lost net visitors. so there is a possibility that there would be increased tourism but there you re talking about maybe bringing in through hotel fees, restaurant fees, maybe talking about bringing in $700 million, $800 million, and if you are spending on the other hand $7 billion in order to host the games, and even that figure is a figure about the operations of the games, it doesn t include all of the infrastructure, it doesn t necessarily include all of the security costs, it doesn t necessarily include all of the costs associated with the athlete village, and so the actual calculus at the end of the day is not that favourable, and more and more cities have learned that, and that s why the commonwealth games are having trouble finding hosts, and why the ioc is finding trouble finding hosts for the olympic games.

Transcripts for BBCNEWS Asia Business Report 20240604 23:38:00

actual net game in tourism is more often, yeah, many cities that have hope hosted the olympic games that have lost net visitors. so there is a possibility that there would be increased tourism, but then you re talking about maybe bringing in through who tell fees and restaurant fees, $700 million. if you re spending $7 billion in order to host the games, and even that figure is a figure about the operations of the games, not including the infrastructure and all the security costs or it the cost associated with the athlete village. the actual calculus at the end of the day is not that favourable. more and more cities have learned that, and that s what the commonwealth games are having trouble finding hosts. india is paying a high economic cost for natural disasters,

Transcripts for FOXNEWS Americas Newsroom 20240604 14:44:00

chain in 15 states doesn t mince word. it reads a temporary $2 fee will be added to offset macroeconomic pressures. restaurant fees are going toward offsetting increased food delivery costs from increased gas prices, increased merchant fees from credit card companies, and restaurants are also having to pay employees more in this competitive job market. wholesale prices for foods for restaurants are up 17 1/2% since last year according to the npd group because of record inflation. i think most of our businesses are really hoping this is temporary and they don t want to see those increased menu prices. while menu prices are going up less than the wholesale food costs and trying to figure out how to manage this, they are increasing service charges at some point in time. but best practices are always to disclose those charges. you will probably find them on the bottom of a menu.

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