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KPIX CBS Evening News With Norah ODonnell June 4, 2024 23:39:00

Regular gas is projected to average $3.68 a gallon on thanksgiving, about 30 cents higher than last year. diesel fuel used in most trucks is averaging about $5.29 a gallon. in tonight s moneywatch, cbs s airpd adrian explains what s fueling the stubbornly high prices. reporter: if you want to know about diesel prices, hitch a ride with j.d. paintin and his chihuahua axle. ( laughter ) my last trip was over $5,000 worth of diesel. p reporter: you re kidding. no. reporter: from chicago to california? and back. reporter: it used to cost up to 3500. it s skyrocketing. we might be out of business. reporter: mike kucharski pays for the diesel for his 180 trucks at jkc trucking. how are americans ultimately also footing the bill for this expensive diesel? everything they get delivered to their home, all their food, is shipped by truck so they re ....

Diesel Fuel , 25 29 , 13 68 , Diesel Prices , J D , Chihuahua Axle , Airpd Adrian , Chicago O Hare , Out Of Business , Jkc Trucking , Mike Kucharski ,

KPIX CBS Evening News With Norah ODonnell June 4, 2024 23:39:00

Decision, whether to have former president trump to campaign for walker here. walker is a trump creation, but campaigns backed by trump have had a series of losses here. norah. o donnell: mark strassmann, thank you. turning to the economy and your pocketbooks, the u.s. inflation rate is up 7.7% compared to one year ago. but it appears to be slowing year over year. that s this smallest increase since january and wall street certainly liked the news with the biggest rally in two years. the dow was up more than 1200 points, almost 4%, while nasdaq jumped more than 7%. the s&p surged more than 5%, but stocks are not the only thing soaring, soar are interest rates. in tonight s moneywatch, cbs s lilia luciano reports the average interest rate for a credit card has climbed to a record high. so much accumulated in such a quick amount of time. kevin and nora gardner-sinclair racked up nearly $20,000 in credit card ....

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