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join us coming up. john: first fox news alert to an economy in crisis. americans crushed on high prices from gas to food while their retirement accounts evaporate. growing concerns a dramatic move by the fed on interest rates could send the economy spiralling into recession. john roberts in washington. sandra. great to have you back. sandra: i am sandra smith in new york. this is america reports. we are watching all of this, brand-new numbers today from may painting a bleak picture of the american economy. consumer and producer prices still skyrocketing, and hitting record highs. all has major implications for your wallet as those producers that are facing higher costs plan to pass those higher numbers down to the consumer in the form of higher and higher prices. john: national price of gasoline up 63% from a year ago and the highest ever. sandra: it is almost hard to believe, every day a new record. the white house has announced a middle east trip to saudi ar ....
Will today make it seven . Please join me later for a full forecast with all the details. Morning to you. Im Stephen Dixon. Im Stephen Dixon. And im anne diamond, and this is breakfast on gb news. Now lets start with something which might get you going last night. What can be more patriotic than the last night of the proms land of hope and glory . The union flags flying in the Royal Albert Hall. Its a wonderful spectacle , its a wonderful spectacle, isnt it . It is. And everybody goes along and enjoys it. Patriotic music . Oh, yes. All of the best. You know, all of the best british composers. Some wonderful stars. And then at the end, you just go bonkers waving your flags. Your flags. But this is what happened last night at the last night of the proms. Can last night at the last night of the proms. Can you last night at ....
Nasdaq up by 16. You have earnings, Economic Data and more fed speak. You have best buy, smuckers and gap all set to report erngs today. Weekly jobless claims hitting the tape at 8 30 avm eastern time and the philly fed survey and leading indicators. After yesterdays market moving fomc minutes well hear from Stanley Fisher today. Here on squawk box well hear from Loretta Mester. Shes the cleveland fed president and she will be joining us at 8 30 eastern time. The bank of Japan Holding its Monetary Policy steady. This despite data that showed the economy there slipped into recession. Also the nikkei closing at a three month high today. Square pricing its ipo at 9 a share. Its not great news because its below the ....
Joyce evans. And im dawn timmeney. You may want to grab an extra blanket or crank that heat up a little bit. Lets get right over to meteorologist dave warren. Just grab an extra blanket tonight. Its not all that bad. It will be cold by the time you get up tomorrow morning. Freeze warnings in effect. That means temperatures will hit 32. The first time that that happens in the season signifies the end of growing season. May not get to freezing but you may see some frost around the area tomorrow morning. Fast forward now to tomorrow night. We have a freeze warning in effect. A wider area closer to the city, still not in Delaware County or Philadelphia County but even colder night tomorrow as that temperature could drop down to 32. Will be below 32. Could drop into the 20s its a hard freeze there when it drops down below 30. We could easily see that in some of the northern ....
Is poised ready to go. We will take you live in Cape Canaveral in four minutes. Lets do quick weather and traffic. And then to the big show. Real quick stepping outside this morning we are giving today a six. It is dry most of the day despite the fact that we are waiting on the rain. We will have rain later but we have chilly temperatures right now. Bus stop buddy waiting at the bus, eagles hat on today, time to switch gears, good m o. J. O, carry over to the home team on sunday. Closed umbrella in hand because we have rain later today. Winter weather advisory for poconos later this afternoon, tonight could see freezing rain there otherwise 36 degrees right after sunrise here in philadelphia cold dry morning. The clouds around today, 46 is the high with afternoon showers, and expect pretty steady rain tonight, especially north of the city. We will all see rain saturday. We will show thaw in the fox future cast and seven day foreca ....