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FOXNEWS America Reports June 4, 2024 18:09:00

Cookout. these were the only items we could find. cheese slices, potato chips and strawberries. all told, the barbecue this 4th of july will be 17% more than a year ago. and i will send it back to you, gillian, because it is about to rain here. i guess we have a literal and figurative damper on our barbecue this year. gillian: i was going to say your reporting almost makes me happy i m stuck here in the washington bureau working all day and not hosting anyone at my house this year. we ll check back in with you later. rich: we need phil on the grill. dagan, you heard the reports about the economic situation. is there a scenario where the businesses control the supply ....

4th Of July , Potato Chips , Cheese Slices , Mud Slinging Going On In Washington ,

CNN Erin Burnett OutFront June 4, 2024 23:36:00

Eats away at earnings, it eats away at people s savings, it is having a very specific and serious impact. it is, and i think the big debate right now is the rate of savings matter, the 4.4%, and as you said, or is it the stock of savings, and there s still a buildup in their savings that came as a result of all the stimulus. unfortunately, i think it s the flow, the rate of change that has come down that matters. but importantly, i also don t think this is 2008, yes the savings have dropped at that point, that is when we were in the midst of the mousing housing bubble, because of poor lending practices have the effect of taking down the entire global financial system with it. i think there are dislocations in the economy right now, and we are seeing a slow in growth, but this is not a literal or figurative house of cards like ....

Mousing Housing Bubble , Lending Practices , Wage Growth , House Of Cards ,