change in policy? we begin america reports with the white house walking back president biden s comments about china and taiwan, and all comes as president biden faces a series of crisis here at home while claiming a recession is not inevitable. i m sandra smith in new york. great to be back with you, john. john: great to be back. let me be the first to officially well come you. the president wrapping up a trip, up and down stock market, fears that gas prices will hit $6 a gallon nationwide and potential food shortage, to leave americans scrambling to feed their fires. sandra: the president admitting it will take time to lower gas prices and ease inflation but the u.s. economy is performing better than the rest of the world. we have fox team coverage now, byron york is standing by. john: jacqui heinrich is travelling with the president live in tokyo. what about the comments regarding taiwan and china? jacqui: john, the fact the president made those comments standing
U.S. employers continued hiring in August, and there are signs more people are looking for work with household expenses mounting during the inflation crisis.
though the travel website arrivalist says there are few people taking day trips, small trips, they are travelling farther, taking long trips because airfares are so high, that they are opting to drive instead. of course, they are doing it right now with the average gallon of regular about 4.59, 4.60. forecast, by august it could get as high as 6.20 for the national average, that s crazy. it s actually lower than what diesel is right now, and there is some concerns about not enough diesel fuel out there. the biden administration today considering the possible release of product from something that a lot of people didn t even know existed, northeast home heating oil reserve, sort of an spr for home heating oil and home heating oil is the same product as diesel, but aaa tells fox business don t expect much from
/PRNewswire/ Despite rising gas prices and inflation, U.S. road trips have risen above pre-pandemic levels according to Arrivalist, the leading location.
/PRNewswire/ Despite rising gas prices and inflation, U.S. road trips have risen above pre-pandemic levels according to Arrivalist, the leading location.