And we begin tonight with a plunging price of oil. Good news for consumers. Here in the u. S. , but the price of oil is hammering economies like russia that dependent on an oil communicate. Financial markets, dow down about 100 points today. Gas prices are the lowest in about five years. Aaa says average is 2. 69 a gallon down 32 cents since last month. Jonathan betz is here with more. Jonathajohn as you just ment, its now 2. 66 a gallon down a dollar since april. Europe imports most of its oil. Its also seen a big drop, 74 cents in just a month. After weeks of rising prices russias gas has already dropped but no more than a quarter in the past few weeks. China economy has been helped, gas down nearly 70 cents there. Gas prices are dropping so fast its caught many by surprise. American drivers are rejoicing this holiday. Im liking the gas prices. It helps on my wallet and helps me save some money. Reporter while many others are growing. Oil prices are dropping like rarely seen before.
Shame. And gay talese. Revisits the bridge that made him a literary giant. We begin in washington, where a 1. 1 trillion spending bill hangs in the balance with the u. S. Senate. The house narrowly approved the legislation last night, despite support from president obama it is getting a lot of push back from democrats who put a lot of the blame on banks. Here we are five years after dodd frank with congress on the verge of ramming through a provision that would do nothing for the middle class, do nothing for community banks, do nothing but raise the risk that taxpayers will have to bail out of the biggest banks once again. And it is with the banks we take a closer look at the spending bill. As Patricia Sabga reports, it is all in the bills. Its an item in the bill that is so importantly to the big banks, j. P. Morgan chief jamie dimon personally telephoned. A provision repealing a key dodd frank financial reform that would prevent banks from leaving taxpayers on the hook when certain r
Students competed in the 2024 CTE STEAM Competition as they put what they learned in the classroom into practice under the pressure competing against their fellow classmates.