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FOXNEWS Americas Newsroom July 7, 2024

past 11 days in a row. american families forced to spend an average of $5,000 a year on gas compared to $2800 a year ago. interior secretary deb holland refusing to concede it is too big a burden to bear. americans are still recovering from this terrible pandemic and there are a lot of other world events that are making things difficult for all of us. so it sounds like you are unwilling to say that gas prices are too high. we re doing all we can, senator. dana: grady trimble is following the story from chicago. good morning. good morning. gas prices are expected to keep rising this summer so when interior secretary deb holland wouldn t acknowledge in that hearing that gas prices right now are too high, it certainly raised eyebrows. we re doing all we can, senator, production on federal lands is up. it s a 45% increase from 2020. that s new drilling. that s up. but the production is also up. it s at an all-time high. president biden is allowing drilling on ....

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CNN Early Start With Christine Romans and Laura Jarrett July 7, 2024

reported, get this, a stunning 52% drop in first quarter profits, that was just a day after shares in the nation s largest retailer walmart had their worst day in 35 years. what is going on here? they have their fingers on the pulse of the american consumer and they say inflation was the problem, their customers are sticking to the basics when they come in, leaving with fewer items in their shopping carts. those purchasing decisions being driven by sticker shock of course. basics are getting much more expensive, gas up 44% the last year, car, food and shelter also way up. americans are also making more money. wages rising in this tight labor market, but that is also feeding into worries about inflation because of wages. and because of rising prices, people don t feel secure so they are cutting back and that is shaking market confidence. right now stock index futures are leaning lower. asia closed mixed overnight. looks like except for china all down here. let s bring in ....

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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto July 7, 2024

from now. we will bring you those comments from that podium there live. white house officials say today s meeting will allow the three nations to, quote, coordinate a path forward and compare notes on the move. this comes just hours before president biden leaves for his first trip to asia since taking office. over the next several days he will make stops in south korea and japan with hopes of reinforcing those alliances, of course, with china in mind there. plus, we are watching a continuing losing streak on wall street. the dow down again this morning, though, not quite as far as it was earlier. this on the heels of its worst days in nearly two years yesterday. let s begin with white house correspondent john harwood on the north lawn. this meeting, an important show of support for the allies making an enormous strategic change here. do they believe this is baked in? turkey continues to make bones about standing in the way. i don t think baked in, but there does seem ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

cnn newsroom. i m alison tamaroa. thanks for staying with us. we have breaking news on the january six committee. they are investigating a tour of the capital given by republican lawmakers on the eve of the insurrection. let s get right to cnn s ryan nobles on capitol hill. tell us breaking news, ryan. that s right, victor and allison. we are just getting this information in right now from the january 6th elect committee. what they have done is sent a letter to congressman barry lowe or milk of georgia. they are asking for information that he may have about two errors that were given on january 5th, the day before the january 6th capitol insurrection. this letter comes after more than a year ago, democratic members of the house refused republican lawmakers of giving tours to individuals that were in the capital on the days leading up to january 6th. they then may have been a part of the insurrection after the fact. in this letter that was written by the select com ....

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FOXNEWS Americas Newsroom July 7, 2024

all three major industries are down double digits for the years. the mounting losses will deal a blow to your retirement funds and your pension fund and we could go lower, dana. dana: a bitter pill to swallow as the cost of living is skyrocketing. the average price of gas now $4.58 a gallon up more than $1.50 from a year ago. bill: making matters worse the cost of rent hitting a record high in april. landlords asking for more than 1900 a month on average. dana: demand for mortgages is plummetings with average rates at a high. the new york post calling it joe s train wreck. bill: aishah hosni with a lot to cover from the white house on the north lawn. good morning. america is waking up and breaking all sorts of records in all the wrong ways. as of this morning the white house coming up with no new solutions outside of what it has already done and tried. take a look. let s start with gas prices here. shot up another 2 cents overnight to a new record high of ....

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