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immediately. dana: imagine if president biden came up and gave a speech perhaps we would hear what his plan for victory is. thank you both. we appreciate it. dana reads sports. dana: u.s. sprinter richardson wins gold in the 100 meter sprint world championships. the 23-year-old finished the race less than 2/10 of a second from joiner s world record. she was suspended from competing in the 2020 olympics for traces of marijuana before the games began. bill: i tell you what, dana. mohammad ali lit the flame. it was an awesome american moment. dana: congratulations. bill: honeymoon is over.
while gas prices are down from a year ago they ve rising in recent weeks. how are americans dealing with it. welcome everyone. i m charles for neil cavuto. we have team coverage from new york city on shoppers feeling the pinch. how this is going to play on the campaign trail. it s consumer price index report shows prices increased 3.2 percent over last year, just slightly below expectations. 2/10 percent month over month suggesting inflation is not resurging some calling this report encouraging news but the numbers show how consumer wallets con to be stretched. you can see here charles that cost for shelter up 7.7 percent over last year. new vehicles up in price 3.5
break it all down for us. it s the first time in 13 months that we have seen inflation tick up by 2/10 of a percent, and that s notable because of the effort the federal reserve has put into fighting inflation, and the biggest contributor to that increase was housing costs. it went up by 4/10 of a percent from the previous month. it s higher by 7.7% over the last year. gas prices are also ticking up. car insurance is notably higher. it s up 2% from june, and 17.8% over last year, which really, if you think about it, makes sense because car repair is also more expensive. new car prices dropped a tenth of a percent from june. used car prices down 1.3% over the month, and listen to this, and great if you re planning your travel, airline tickets are down a full 8.1% from june to july. the markets did gain some steam on this report because it showed slightly less inflation than expected. and investors are closely
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