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FOXNEWS Your World With Neil Cavuto July 7, 2024

make it all. lydia? hi, charles. a month of cooling prices, certainly encouraging news for consumers that welcome the relief. they ve probably noticed gas prices coming down at the pump. there are still concerns that inflation could turn around and tick back up as there s other elements like housing, rent prices are still very high and should by said one month of cooling prices does not a trend make. consumering still notice how they re paying through the nose for a lot of items. gas prices still high even though they are coming down. up about 44% higher over last year. prices for food at the grocery store, more than 13% higher than last year. health insurance premiums up 20%. airline fares up, too. more than 27% still. you know, charles, it s school season. parents are stressed right now. they re out shopping getting their back to school supplies and noticing the sticker shock. take a look at this basket of back to school items like notebooks and binders and pencils. ....

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FOXNEWS Americas Newsroom With Bill Hemmer Dana Perino July 7, 2024

dropping is the price of gasoline. national average hitting $4.40. some states approaching $6 a gallon. dana: that s having a big impact on american families. average household will spend an extra $5,000 this year on gas and groceries alone. bill: stock market dow coming off four straight days of losses amid concerns the federal rate hikes will trigger a recession later this year. dana: yet the president insisting this is not his fault. he is instead pointing the finger at republicans and what he calls their ultramaga tax plan. the architect of that plan calling the attacks a disingenuous attempt to distract. there is nothing that the president said that is in there. what i said is let s get people back to work so they have skin in the game. he was supposed to give his ideas on inflation yesterday. what was the ideas? everybody s else s fault but his. bill: larry kudlow is on deck. first to the white house, edward lawrence has the numbers and reaction there. ....

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Detailed text transcripts for TV channel - CNN - 20110307:23:25:00

That s not the same for other businesses. food prices are up. airline fares up. it s costing all of us a lot more to fill up at the pump. speculationing that unrest in libya may spread is pushing up the price of oil. right now, the market is concluding that the turmoil in the middle east is far from over. it s going to spread. the question is not if it will spread, the question is you know, how big is going to be and what the impact will be. the obama administration is under pressure from some congressional lawmakers to tap into the country s strategic petroleum reserve. an emergency stockpile of 727 million barrels of oil. it tag into the reserve is one option under review. we re in discussions about the various options that are available in the global system to deal with a major disruption ....

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