children as young as 6 months. we know the white house says vaccinations could begin as early as next week once given the okay from the cdc and the fda. president biden already pledged to make 10 million vaccine doses available nationwide with the majority of states already preordering shipments since the beginning of the month. yeah. but many health experts are worried that parents of young kids may not take their kids to get those covid shots. the latest polling from the kaiser family foundation show that only 18% of parents of kids under 5 would want to vaccinate their child as soon as a vaccine becomes available. cnn medical analyst says that parents should remember the benefits of vaccinations still outweigh the risks of covid-19. more than 400 children in this age group of under 5 have died tragically during this pandemic. thousands have been hospitalized. it s really distressing for little kids to get sick, so that s what we re trying to do to prevent that kind of
premiums all up. the cost of food consumed at home rose nearly 12%, food away from home, 7.4%. the gasoline index has increased 48.7%. the average national price of a gallon of gas this week, is at $5, highest in california at $6.42. trying to stem inflation, the fed said it will raise interest rates by three quarters of a percentage point, the biggest hike since 1994. new projections show interest rates may hit 3.4% by the end of the year, but because inflation is rising far faster than any of those rates, any money in savings is still being eroded. there s also a spade of layoffs adding to investor fears. cnn reports two u.s. real estate companies that had flourished in the pandemic announced layoffs of 8 and 10%. coin base laid off 18% of its staff. spotify plans to reduce hiring by 25%. elon musk, who already said he wants to lay off 10% of the tesla staff, is now intimating that if he acquires twitter, job cuts could follow. meanwhile, meanwhile, you ve got the january 6
attention is exposing an unprecedented attack on our system of government. and now, new data tells us which might be more potent at the ballot box. first, there s the 8.6% inflation rate, highest in 40 years, stock market has already lost $11 trillion this year. laying siege to american s pocketbooks and life savings. second is the on going televised congressional hearings uncovering alarming details of the january 6th, 2021, assault on our democracy. the stock market has gone into bear territory bringing fear of recession. the selloff erased around 3 trillion from u.s. retirement 401(k) and ira accounts. this week alone the dow fell 4.8%, the s&p 5.8% and bitcoin fell around 30%. meanwhile, costs are up, 30-year fixed rate mortgage now more than 6%, that s double what it was last year. the average credit card rate auto loans, auto insurance