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Assessments of the federal reserve and outside economic analysts who give an assessment of how long it will last. the expectations and their assessment continues to be it will moderate by the end of the year. >> sandra: this is tough, this is tough. people do want to know when its going to end, its tough out there. >> of course, of course. >> sandra: gas prices, national average, 4.33, up a penny from yesterday. obviously climbs big time from a week ago and a year ago, david, 2.83, it was up a b...

On the show today. now to another fox news alert. the price of gas. we are seeing it right now, skyrocketing across the country. >> pete: joe biden is shifting all blame to vladimir putin. he is offering little support for u.s. energy production. >> will: todd piro is live in upstate, new york with the latest on the energy crisis. todd? >> todd: good morning to you, will, pete, and rach chevment as we all know as the u.s. and other western allies work to cut off russias economy americans feeling...

Playing the game. crazy inverted yield curve. we should be easily reaping big rewards and gains but the fed is holding us back. we will win. wow! thats a lot. the dow is off 745 points. 2.83%. im going to put a crack team on interpreting that tweet and ill tell you about it on the other side. congressman steve king of iowa questions if humanity would even exist without, quote, rape or incest. yep, he said that, too. more on that after the break. plus, we continue to learn about the impact of t...

Were back with a look at the markets as the trading day comes to an end. lets see whats going on in the dow. unless something changes in the next couple of minutes, this is going to be the largest percentage drop of the entire year. the dow is down 775, not large point drop because thats not actually the way it works. the dow is much lower now than the last time we saw a big point drop. so were getting a percentage drop of 2.91%. we had a percentage drop on january 3 of 2.83%. i know its temptin...

Highest gas prices for a labor day holiday in the past four years with the national average of 2.83. it is expected to go down to 2.70 per gallon with lack of demand after the summer, and the switch to cheaper winter blend gasoline. businesses are looking forward to high consumer confidence and low gas prices as we head into are you ready? the holiday spending season. because i didnt invent this number, were only 16 weeks away from christmas, molly. had to say it. >> molly: so many things to kee...

Labor day. so why are gas prices higher this year compared to years past? >> a bit of a catch 22. weve seen it before when the economy is good and unemployment is down, more people travel, right? and thats when demand for gasoline goes up. this weekend began with the highest gas prices for a labor day holiday in the past four years. with the national average of $2.83. that number is expected to go down to about $2.70 a gallon this fall. labor day sees a drop in gas prices attributed to the lack ...

Millions of cars are expected to be on the road today, theyre already out there, of course. the summer has already seen an uptick in overall travel. many experts point to the booming economy and low on appointment rates, , and increae in vacationers. aaa says that 35 million americans will be traveling over 50 miles this weekend, which is a 5% increase from last year. 16 and a half million of those will be airline travel, which is up 3.5% from last year. labor day is the fifth most travel holida...

Are traveling over 50 miles, a 5% increase. 16.5 million will be airline travel, up 3.5% from last year. >> summary is synonymous with vacations. when the economy is performing better and people have more change in their pockets, they are inclined to spend it on travel. >> labor day is the fifth most traveled holiday each year. historically the fall sees a drop in national gasoline prices. this is attributed to the lack of demand after the summer, stable crude oil prices, and a switch to the che...

People travel and demand goes up for gasoline. this weekend actually began with the highest gas prices for a labor day holiday in the past four years with a national average of $2.83. that number is expected to go down to about $2.78 a gallon in fall. historically labor day season drops in gas prices. >> im worried about the higher gas prices. when we hit $3.25 as national gas price average, that changes things. $3 or below, people do continue to travel by car. >> in youre listening to us in the...

Farmers getting rid of soy beans. so, do you look at 4.1% and think that is sustainable or should we talk about 2.83%? >> i think youre right to get a little bit anxious about focusing on only one number. and i got to also add that jared has over the years taken a lot of guff from conservatives about the first forecast he did about what the economy would be if we passed the stimulus and a think a lot of that criticism was unfair because they had to close, as i did, before they got a whole bunch ...