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overall inflation picked up steam over the beginning o 2020, to clocking in at 9% i june, the fastest pace of pric increases since the 19 80s food prices soared, a gallon o milk now averaging $4.22 chicken, $1.84 pound, and dozen great a egg $3.59 dozen. all more expensive than this time last year gas prices topped $5 a gallo in the summer before childre below $3.50 in the later par of the ear and then rand, th biggest express our most hel souls joining seven to 8%. inflation did show - in the later part of the air a the federal reserve exhilarate the base of its interest rat increases. one quarter point, thre quarters of a percentage point the fed continue to raise rates at that pace, a speed no seen in decades. the idea, to make borrowin costs more expensive to slow the economy, and inflation among the sharpest slowdowns i the housing market were home ....
$4.22. and a dozen eggs $3.59. all more expensive than this time last year. gas prices, topped $5 in the summer before ult itting before $3.50 in the later part of the year. then rent, the biggest spend for most households jumping 7 to 8%. inflation did show signs of backing off in the later parts of the year as the reserve accelerated the pace of the interest rate increases. three quarters a percentage point. the fed continued to raise rates at a pace not seen in decades. the idea to make borrowing costs expensive to slow the economy. the sharpest slowdowns in the housing market where home buyers are saying note to sky high mortgage rates. more than double what it was a year ago. the tech sec tort faced a fullback as amazon and maine ta laid off thousands of workers. i want to say up front that i ....
The new year. if you can believe it. and as we prepare to close out 2022, it s been a big year for the economy. we saw record gas prices, the fastest jump in decades, and massive tech layoffs. even farewell to the choco taco. our own brian cheung has a look back at the year s biggest business news. inflation picked up steam over the beginning of 2022, clocking in at 9% in june. the fastest pace of price increases since the 1980s. food prices soared. a gallon of milk now averaging $4.22. chicken, a $1.84 a pound. and a dozen grade a eggs $3.59 a dozen. all more expensive than this time last year. gas prices, topped $5 a gallon in the summer. before tilting below $3.50 in the later part of the year. and then rent, the biggest spend for most households jumping 7 to ....
Russian invasion of ukraine. in the u.s., california, has the most expensive gas, a whopping $6.37. it s been above $6 for more than a week. california is always more expensive because of higher state taxes and emission regulations that require a more expensive blend of gas in california. when it comes to the cheapest gas, georgia is the least expensive at $4.33. states in the midwest and near the gulf coast typically have the cheapest gas. they are closest to america s oil refineries, brianna. the list of states that have $5 gas, it seems to just be growing by the day. i know. it s almost just unbelievable, seeing these numbers at the marquee at the gas station for first time ever. where is gas above $5 a gallon? these 13 states and the district of columbia. which state had the highest price hike over the past year, california, wins again. prices were $4.22 last year. that s $2.15 a gallon cheaper ....
On. he has many fans who would like to see this happen, there s a lot of folks saying that it s troubling enough that private companies controlled the key communication platforms around the world. a be it s worse to have the world s richest person to make it private. while the world is waiting, musk is smiling as evidenced by his bid of $54.22 per share. most likely a wink to his joke about smoking pot at twitter board meetings. shannon: we caught the cheeky little ins are there. thank you so much and great to see you. you as well. of shannon: let s talk about the bigger picture of the impact of musk s twitter takeover. and what it can mean for the next revolution. high mecca, shannon, how are you doing? shannon: i m good, but a lot of the folks on the left aren t doing so good tonight let s read their reaction to ....