23 42 News Today

This is teslas fifth price adjustment this year. elon musk says cuts on other models boosted demand. asian markets closed mixed and on wall street, stock futures are undecided leaning a little higher here. markets finished mixed to kick off a very busy economic week for investors. stocks gave up early gains to end the day basically unchanged. bloomberg is reporting meta will layoff thousands of workers this week on top of the 11,000 who were given pink slips last november. gas prices rose a ...

3: $3.42 a gallon. and president bidens nominee to lead the irs facing tough questions on capitol hill about how he plans to use $80 billion in newly allocated funds. >> if im fortunate enough to be confirmeds the audit and compliance will be focused to ensure that americas highest earners comply with applicable tax laws. >> lets bring in our senior policy analyst garrett watson. nice to see you. so you heard bidens nominee say that the irs is not going after small business and working class a...

Average hit $3.42 for regular unleaded up 11 cents from one month ago. in nearly the same price it was when president biden began to release from the strategic petroleum reserve to lower gas prices. in tents "special report" spotlight, energy matters, my colleague bret baier looks at how sales from the stockpile impact prices at the pump and why it could send costs even higher. >> bret: thanks, mike. in our last installment in our energy series we told you about our strategic oil reserves hittin...

The nasdaq fell 4.2%. thats the worst weekly climb this year. the first significant read on inflation in 2023, the consumer price index that comes tomorrow. also this week, readings on sales, housing starts and jobless challenges and gasoline $3.42 a gallon. which super bowl ads were worth spending $7 million this year? >> wait, i can erase my exes? i dont even remember this guy. >> what about that dunk in the third quarter? >> what dunk? >> lets bring in alisa lacey. that ad did disappoint. w...

Weakest year since 2014. high prices and mortgage rates kept buyers out of the market but economists expect sales will ramp up again as mortgage rates fall. looking at markets around the world, european markets have opened higher, theyre up. asian markets are closed for the lunar new year holiday. on wall street, stock index futures are barely mixed here. the dow and the s&p look to try to bounce back after the first weekly declines of the new year. tech heavy nasdaq finished higher notching t...

Prices $3.42 in february of 2022, but it was only $3.49 -- im sorry, 2.44 back in 2021. so were seeing these changes and you have to remember these energy prices are affecting the good prices. i mean, thats part of the why the food prices are up, and the gas prices are up because of him, because of his terrible energy prices that, by the way, are also -- by making us not the number one energy producers in the world which we were under the trump administration, hes also empowering russia which is...

The president, theres economic numbers but psychology out there. no offense to the president but not a lot of couples sitting around the breakfast table saying, did you check the bls? did they revise up the job numbers last month? but americans do know this. the price of gas. the current price of gas $3.42 a gallon. it dropped. the president tapped the strategic petroleum reserves. it did go down for a little bit. now its back up again. the president was candid saying theres still a lot of frust...

Two cents away from the $3.42 high of last fall. no easy answers, christine. were going to see pressure here, political pressure on the white house and inflationary pressure. >> thank you. >> thanks. the football world is still trying to come to grips with the retirement news of tom brady. andy scholes has this mornings bleacher report. andy, i feel like he stepped on his own rollout with how he did this. >> a little bit. a lot of people, still a little salty that tom brady didnt mention them ...

January from the previous year. nearly double the pre-pandemic average. but many of those gains have been eroded by rising inflation. the hottest in nearly four decades. pushing up prices for food and energy. today, gas prices reached a seven-year high. the national average now 3.42 a gallon. wednesday, oil hit a seven-year high topping $90 a barrel with unrest between russia and ukraine pleasuring prices. >> is there any point where the president would consider opening up domestic production in...

$3.28 and came right back up. the spr was never really going to be a game changer. it was always more of a band-aid. they announced 50 million barrels that would be released but thats just 12 hours of world demand, 12 hours. we got more bad news on the supply front just yesterday. opec plus, the producer group led by saudi arabia and russia, they pretty much telegraphed theyre not coming to the rescue. theyre going to stick to their plan to increase production just modestly, not doing something ...