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FOXNEWS Americas Newsroom July 7, 2024

time. carley say, pack a snack and read it. it is worth doing. the market is reacting to the largest federal rate hike in decades. three major indexes taking a beating. the dow closing below 30,000. bill: it signals a bear market taking hold. they shed all their gains since the president took office. dana: adding insult to injury mortgage rates are soaring to their highest level in 13 years. inflation is at a 40-year high forcing nearly 60% of americans to dip into their savings or go into debt. bill: all this putting the white house in crisis mode. good morning. the president has grown increasingly frustrated with his polling and with his media coverage. he sat down with the associated press for the first time, by the way, since taking office with that publication to push back on all this blame saying the economy that he inherited and the pandemic that left psychological scars on the american people have gotten people down. fox news poll this week showed that h ....

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FOXNEWS Americas Newsroom June 4, 2024 13:03:00

Crude oil and that s not what is happening. why not drill more in the u.s., though? we don t needs to do that. with the oil that s out there we need them to refine that oil so that prices the capacity could go up and prices would go down. inherently go down. there are reports this morning that the white house is looking at the possibility of giving rebate cards to the american people that they could use to buy gas and then reimburse them. an idea according to this report they had considered at one point but moved away from. according to one report, it might be back on the table. bill. bill: jacqui, thanks. she is leading us today. you mention this transcript. it is 13 pages if you print it out. you encourage people to read it. i would as well. you see the not so linear thinking that is happening. dana: when you read a transcript like that it s not ....

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FOXNEWS Americas Newsroom June 4, 2024 13:23:00

Overall. not just tesla. i m not surprised prices will go up. now you have the labor shortage and chip shortage. we re not just talking about inflation at the grocery store. it hits producers as well. the producer price index is the wholesale numbers on fox business and it is the raw materials that companies have to shell out to get what they need. their prices for their materials is up 15 to 20%. any time that a company has raw materials that tesla, for instance, go higher you will have to raise the cost. electric vehicles are not cheap. i m so sick of hearing that. we re in a gas crisis and democrats are saying i drive a tesla by the gas station. good for you. most people can t afford $65,000 for a model y. bill: bill: speaking of price. ....

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FOXNEWS Americas Newsroom June 4, 2024 13:31:00

Yesterday. we re below dow 30,000 which we haven t seen now in some time. about a year and a half i would argue, maybe a little more than that. the cries the calls for recession are louder, not just here but in other countries. the issue of inflation is significant. not just here but in many parts of the world. we can debate as to whether or not we get the worst of it or others are. nonetheless your pocketbook doesn t look as good today as it did two weeks ago and no telling when we climb out of this. dana: 3/4s of the ceos say we re either in a recession or it s coming. bill: the economy is on the minds of a lot of americans gas prices and inflation. the headlines out of washington are foixed on the january 6, 2021. the committee held another public hearing yesterday and chad pergram has more from capitol hill. what happened? good morning, bill. former federal judge told the ....

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