112 86 News Today

Dr. gary lester, how many people actually finance them. he says half of them. couple of years ago could have financed three percent, thousand looking at 6 percent. people and we are going to talk to some in a couple of minutes. people are cutting back on certain things. that is why they are here for the free breakfast and beer. [laughter] i digress. >> brian: the 30-year fixed loan, september 2021 it was 2.86, now 6.02. we dont know how the banks are going to react. it is pain we have to endure ...

A week ago, 4.15. a month ago, 4.32. a year ago, 2.86. so, just, you know, way up from a year ago. jen psaki also said that the white house expects inflation to come down this year. the white house is citing outside economists for that, but theyve also blamed inflation on russias war on ukraine and the president himself said this week that 70% of the march cpi increase was from energy spikes, but weve had bidens own chairman of the joint chiefs telling members of congress that this war could go ...

$2.86 a year ago. almost up 82% in the oil used to heat your house is up to over 100%. as biden blames putins the invasion of ukraine for surges in gas and prizes, former obama white house economic council chair has this to say. >> i like the idea of running the economy house, but did we throw every log on the fire at once. starting to burn the house down and thats not a good way to go about it. >> shannon: meanwhile, amazon says its taking steps to try to offset costs after announcing this week...

At the gas pump. >> okay. jeff, are they going to be changing their messaging at all? they keep calling this putins -- hold that thought. let me bring in matt egan and catherine rampelt. let me show everybody the national average of gas prices a year ago. it was $2.86 per gallon. today, $4.10. going in the right direction, i suppose. what will this do today? >> this probably is not really going to move the needle on gas prices. the national average is based on regular gasoline and i15 is not con...

Influencers who was briefed by the white house this week. >> why is gas so expensive and why is the united states inflation rate at four time decades high? i had the opportunity to ask the white house why gas down the street is $7 and heres what they said. russia is one of the top three producers of oil and it is actually their number one revenue source. now, with putin starting this horrific fight between ukraine and russia, nobody wants to work with him to do international trade. >> this is th...

Plan to add a fuel surcharge. they did not say when its going to go in effect or how much theyre manning on. its not just the ride shares. were feeling it, too. were paying the most for gas than ever before. the national average is $4.32 today per gallon. its up quite a bit from not only last week where it was $4.06 but a year ago when we paid $2.86 per gallon. because were spending over $4 a gallon, aaa found that six out of every ten drivers are changing their driving habits because of the cos...

Disapproved of bidens handling of rising costs and 83% expect energy prices will increase further. heres the pain that americans are feeling at the pump. $4.31 a gallon today. one week ago, $4.17. one year ago, $2.86. this is the administration is offering new solutions among the ranger talked about. but steve scalise says that the answer is simple. >> he could open up the spec its for american energy and undermine putins leverage on gas. we could lower gas prices tomorrow and take money out of ...

Likely to be a red hot issue heading into november with the republicans insisting the president has not done enough with the prices out of control. >> john: not sure they can sell the #putin price hike. >> yeah, it was 2.86 a year ago. prices started surging a long time ago. >> sandra: democrats also blaming oil companies for sky high gas prices. bring in jackie deangeles. the two lawmakers making the accusations, big claims, invited them on the program, they are welcome to come in and defend th...

Safety bets, treasury bills. the yield climbed to 2.86%. over the last little while its flattening. thats a concern of slow erinn nation and economic growth. a story out the past hour, underarmor down. why? the company has let go of two long term marketing associates. theyre spending frivolously on gifts for athletes as well as nights out. quickly on this the defense secker saw a rebound because of a report stating the president wants a 750 billion-dollar defense budget for 2020, yet to be appro...

Now. it is pulling back some. but the big picture, it is a battle. for u.s. consumers, year over year, they say $2.86 a gallon for regular and that is about $0.60 higher from last year and that is a big, big move year over year for oil. you know that president trump will continue to fight this one. it has been ongoing. this is not going to stop here. the concern also, it is not just about what they are doing there, disruptions for some of these countries as well but just that demand has been on ...