we are seeing people who are putting more and more on their credit card as the stimulus dollars dry up and of course now inflation pushes prices to levels we have not seen in 40 years. credit card debt now at $841 billion, that s a 20% month to month increase and overall revolving debt at 1.1 trillion, a new all-time high. the previous high, 1 trillion, pre-pandemic. now, as you mentioned gas prices higher, today s overnight average, the 18th day of new all time highs at 5.01, and let me tell you, this is really causing people some angst. this is coming as wall street is forecasting higher oil prices, $150 a barrel oil prices, 20% increase over current levels. let s dig into those prices that we got this morning. today s regular unleaded 5.01, premium 5.69, and diesel, the
basically keeping their head above water. so this is an emergency situation for the nation. so i m looking at that graph that was just up about lack of access, computer access, victoria, from the great university of texas as a professor, i know this is profoundly of interest to you. i know you have a question for mark about just access overall to education as it pertains to black communities. i do, thanks, mika. and, mark, i really appreciated how you highlighted the fact that what we are seeing in our communities of color is layered on top of the great recession, which set our communities back so far and took us so long to recover. and in looking at the latest jobs numbers, right, we saw the u.s. as a whole is 5.69%. but when you look at black folk we re looking at 9%
460 rocket strikes from gaza. seven killed in gaza. one killed here in israel. christine, again, the skies are quiet here for now. all right. thank you very much for that. let s get a check on cnn business this wednesday morning. global markets are lower as oil prices fall. in asia the kaine s up a bit. you see the nikkei s up a bit. you see the shanghai and hsi are down. the dax and ftse shy of 1%, the cac down 1%. wall street futures are down following tuesday s close. the dow closed down 101 after another turbulent day. the s&p 500 dipped a bit. the nasdaq virtually unchanged. apple lost another 1% on ipad demand concerns. and u.s. oil prices fell 7% to the lowest price in a year of $55.69 a barrel. crude s worst day since september, 2015. citi is making room for an amazon takeover of its iconic