23 41 News Today

Expanding 0.1% for the quarter. futures leading a little higher after yesterdays rally. t all finishing up 1%. and investors are expecting a moderation in up canner prices. a sign inflation is easing. forecasts coming in at 6.2 inflation, lowest since october of 2021. and meantime ford has announced that it will slash 3100 jobs in europe to lower costs and boost profit. an gas prices fell a penny overnight now at $3.41 a gallon. today well get the consume her price index report, critical for t...

The tactic this year is they lower a lot of the markets will lower the price of the turkey t get you in the door you buy the turkey but that you get the res of it at a high-priced ricky its like selling beer for a dollar and then getting them with the food. >> this is what theyre telling us the average cost has been over the past three years. use either 2020, $4.96, this wa to feed ten people. i dont use in feed ten people for that. last year, $53.41. in 2022, if you have $63 freigh its cost me ...

In the past few weeks. could we see $4 a gallen in 2022? matt egan joins me now. this is a new forecast just out from gas buddy, shared exclusively with you and cnn. but it doesnt expect higher fuel prices next year to last. is that right? >> thats right, poppy. even a brief brush with $4 a gallon would be a really big deal because the high price of gasoline has been one of the biggest stories of 2021, something that impacted virtually every american family, and it has been one of the biggest fo...

Keeping up and then theres been refinery shutdowns and that limited the production of gasoline. if you put all that together, thats why gas buddy is calling for an average of 3 h$3.41 in 2, up from $3 this year. the good news is gas buddy is not calling for $4 gas all year. they think prices will come down during the second half of next year. and that a year from now, we could be talking about $3 gasoline. others, they have an even more positive outlook, though. the energy departments research a...

A doorbell camera capturing the harrowing moment, the woman screams for help as her mercedes coupe is taken away by a man armed with a knife. her child had been in the car, the woman and child were not seriously hurt, the suspect remains on the run. historic plunge in the stock price of facebooks parent company, meta was down 26.4%, that raised more than $230 billion in market value. spotify slumped 15.5% after the streaming service gave investors a week forecast for a closely watched measure of...

Gas prices are rapidly approaching the highest level in years. >> aaa says the national average for regular unleaded hit $3.41 a gallon. whats happening? >> reporter: the story is still the same, supply, just cannot keep up with demand. as you mentioned the national average up to $3.41 a gallon, up 6 cents in a week, up nearly $1 from a year ago. its just a penny shy of the seven-year high that was set last fall. so whats going on? remember last fall president biden just before thanksgiving came...

Are talk about $4. >> thats right. were closing out the year and gas prices are inching up. that will be a segue for 2022. the yearly national average this year was $3.02 a gallon. next year its going to be higher, nearly 40 cents. we forecast the average at $3.41 with the potential that the national average could reach $4 a gallon. for those in california, they could see $5, even into the mid $5 range. >> jackie: what kind of timeline are we looking at here? we had this conversation yesterday a...

Cnn got an exclusive look at gasbuddys prediction for a sharp rise in gas next year. their predictions saying the national average per gallon would rise to $3.41. how concerned are you about rising fuel prices? >> well, the thing about gas prices is they could rise but they could also fall. a different forecaster, the energy energy administration says gas prices are going to fall slightly over the next year. that leaves your viewers -- some people say its going to rise and some people say its go...

Prices to rise next year. they see a 2022 average of $3.41 a gallon, up from around $3 this year. they think gas prices are going to peak in may at $3.79 a gallon, essentially right as everyone is heading out for the summer, memorial day weekend, we could be seeing gas prices flirting with $4 a gallon before they fall sharply later in the year. now, this would unwind some of the recent progress weve seen on the gas front. the national average is currently $3.28 a gallon. thats not cheap. its up ...

Will not see a penny in taxes raised, you will see your standard of living go up and your cost down. >> that angry pirate is your president. i am emily compagno. here today my cohost, kayleigh mcenany, host of kennedy on fox business kennedy. fox news correspondent, julie turner, and in the sunny seed, julie banderas. the supply crisis leaving store shelves empty. its not just about what is available, it is the price too. the cost of turkey per pound is up 6.2% from last year. bone-in ribeye ste...