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

biden aides and allies have been talking up key parts of the plan including prescription drugs, taxes and energy. lowering prescription drug costs is one piece. we can bring down costs burdening households like description drugs. pharmaceutical prices which will help health care and lowering the rate. long overdue tax reform. the parks repeal, not the full repeal, but the partial repeal of the trump tax cuts which would take some demand out of the economy. lowering utility costs by providing tax incensetives. the way in which we can assure reasonable energy expenses for households is to move to renewables to address climate change. freeing up fossil fuels in various ways in the short run, and making, with government support, the ultimate pivot to renewables. joining us now from washington, d.c., cnn white house correspondent john harwood. john, happy monday. good to see you here. it looks like a new coat of paint perhaps on some key elements of build b ....

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CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:47:00

Four-wheel drive. reporter: his role s new jeep. it was a necessity, he says, and a quick decision. i have another car with a lot of mileage. i needed a bigger one. reporter: the jeep was about $50,000, leaving his monthly payment is about $800. higher than the most recent kelly blue book monthly payment average at $712. this is a new record for that monthly payment. this is a new record. and then the car, the new car prices are actually near records. reporter: in the last year, new car prices have gone up 12.6%. used cars up 16.1%. food up 10.6% and gas 48.7%. but gas prices not necessarily deterring potential byers at this southern california car dealership. demand is high. supply is still low. and we re still in a shortage ....

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CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:48:00

Era. reporter: this paired with the high interest rates making it difficult for byers. we don t see prices decreasing much, and even if they do, just keep in mind the interest rates are rising. so the cost of borrowing money is going up, so that just means you re still going to be paying as much or nearly as much as you were even if those prices go down. reporter: car, home and student loans all higher. interest rates on a 30-year fixed mortgage from jumped from 2.93 to 5.78% in the last year. this is how it looks. reporter: he wishes his interests would have been lower, but says it was his need and want that motivated his new car purchase. camilla bernal, cnn, los angeles. you know, the car purchase issue is really something because people, it used to be you could get the car you wanted. now you can t really find sometimes the car that you want. a lot of people who leased in this category, leased a car like ....

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CNN Early Start With Christine Romans and Laura Jarrett February 7, 2022 10:51:00

Potential byers, amazon and nike. okay, peloton, let s go. a source tells cnn amazon is exploring an offer and speaking with advisers about how to proceed while the financial times reports nike is also evaluating a bid but has not held talks with peloton. this just days after activist investor black wells capital urged the board to put it up for sale. peloton has been struggling to maintain its pandemic-fueled growth. it made instructors household names. as you just announced. one of them you know well. clearly a fan favorite. all right. let s get to the olympics now. american s superstar mikaela shiffrin s goal ending before it began. coy wire is in china for us. hey, coy. reporter: good morning to you. one of the greatest alpine skiers of all time, mikaela shiffrin came into these games with hopes of medaling in five ....

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FOXNEWS Fox News at Night With Shannon Bream June 4, 2024 04:05:00

That seems to be at odds with what we were told to keep them anonymous because of ethics concerns. what are you learning? this is so interesting because we re talking shannon about a very small private affair in los angeles and a larger exhibition in new york city. but as you pointed out, that s going to give biden a chance to interact with potential byers of his painting which the galleries say they expect to sell for as much as a half million dollars each. but as you point out, especially, i think this is important, that means he ll be able to presumably at least socialize with potential buyers and that is at odds with the agreement struck with the gallery owner this idea making sure there s no quid pro quo because ultimately if he knows who the buyer is or if the buyer can somehow, wink, wink, make a purchase of a half million dollars, they may expect favorable treatment from the president or from the administration by way of hunter biden. that s the real perception problem at wor ....

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