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Not always successfully so. again, rana, it is incredibly complicated. we re coming out of the covid pandemic. there are global factors on this t . a lot of data says, oh, that s great, and others say, oh, that s terrible. the price of gas, something the american commuter deals with every day. a year ago, $3.16. $4.91 a month ago. now down to $4.36. it is good for the consumer and the americanpolitics. but milk up 16%. coffee up 16%. shelter up nearly 6%. it is what are we going to learn this week? what are the american people going to learn this week from all the new data points we re going to get about tomorrow, next week, and next month? yeah. well, i hope they would learn two things. one, these are not trends that are the fault really of this white house. these are trends that have been building for some time. ....
Arthel? arthel: eric, record high gas prices have contributed to inflation hitting a 40-year high, but some good news on the horizon as gas prices are on the decline. national average price for a gallon of regular today is $4.53. a month ago it was $5, but one year ago it was $3.16. so have we hit the inflation peak now that gas prices are falling? we re going to bring in gene marks, the cpa president of the marks group and a small business expert. so listen, gene, we ll get to gas prices in a second. sure. arthel: first of all, you know, the people who want to work, they can find a job. americans are spending 10% more than last year. people are out dining. gas prices are creeping down as we said. so why the high inflation rate and talk of a recession? what s not adding up? well, i mean there are a lot of factors that are contributing to the high inflation rate, ....
India s COVID-19 vaccination coverage crossed 183.16 crore with the administration of over 26 lakh doses during the past 24 hours, informed Union Health Ministry on Saturday. ....
Historic levels. according to gas buddy the average price is $3.16 a gallon. nearly a $4 higher than it was a year ago and the highest price in more than six years. and apple tops another financial list. fortune ranks the tech giant as the most profitable company on global 500 list for the 2020 fiscal year. it brought in a profit of more than 57 billion beating out saudi saudi company held the spot for two years. steve? steve: thanks, jillian. large democrat cities are lagging behind in job recovery. chicago, new york city, and l.a. all hitting hard on that list. and with rising inflation across the country, the co-founder of home depot says this can lead to trouble. i m worried about the little guy right now. the little guy is the guy who is going to get it in the neck. this inflation is not, in my opinion, is not transitory. this inflation is basic and it ....
And this is all happening as the united states is withdrawing from afghanistan or troops out, laura, by the 31st of august. yeah. a lot of questions on this one, for sure. thank you so much. i appreciate it, anna. a deal finally on oil production. agreeing to increase oil production over the weekend as demand and prices surge across the country. the group will raise overall oil production by 400,000 barrels per day on a monthly basis, starting in august. oil producers will reassess market developments in december. oil prices surged two weeks ago after the group cancelled the meeting to discuss increasing production. brent crude price is currently under $72 a barrel. last week the international energy agency warned oil producers that failure to agree on supply increases could raise fuel prices, stoke inflation, and threaten the pandemic recovery. the national average for a gallon of gas is $3.16. ....