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Chinas factory activity expanded at the fastest pace in more than a decade. stock index futures bouncing a little bit. yesterday stocks extended their february losses for the month the dow fell more than 4%. the s&p down almost 3%, nasdaq down more than 1%. consumer confidence fell for the second month in a row dragged by inflation and recession worries. new this morning general motors is cutting several hundred salaried jobs part of gms plan to slash $2 billion in costs the next couple of years...

Looking at markets, asian markets finished mixed, european are lower but turned slightly mixed. inflation figures from france and spain a little hotter than expected in february. on wall street, stock index futures also leaning up. age major averages are on track for losses in february amid a confusing mix of economic news. yesterdays headline, pending home sales soared 8.1% in january, biggest rise since 2020. on earnings watch, target reports fourth quarter earnings ahead of tuesdays open. gas...

If anyone tries to cut social security, were going to stop it. if anyone tries to cut medicare, were going to stop it. >> reporter: and then, the president broadened this beyond just retirement programs to say, you know, republicans including the speaker of the house, kevin mccarthy have called for the repealing the inflation reduction act. that will lead to higher drug costs. as he took aim at desantis, he could have expanded medicaid, but chose not to do so. the president thinks retirement pro...

Key inflation data. the producer price index, year over year readings are expected to cool. still high but cooling. that is the story in inflation. also in just a few hours, december retail sales. thats the number that measures spending in stores, online and in restaurants. sales fell .6 of a percent in october. it was the biggest monthly decline. sales slowed and holiday related purchases in home products and autos. lets bring in nathaniel myerson. its so interesting. we are seeing this week a ...

Military and how will america do in a head-to-head battle with china, republican congressman mike garcia, congratulations to use her on a victory, very well done. and want to go with the political spin because i love it and pick up where kevin left off, she said the following about gas prices and how good things are, gas prices are now at their lowest since early march with the national average at about $3.36, $0.11 cheaper than last week and a dollar 35 cheaper per gallon since june saving amer...

National gas price average is $3.77, in alabama, $3.36, $3.34 in louisiana. jason, if people like jamaica are struggling to afford gas and groceries, how can they spend any money with you? >> it is going to be very hard. we are starting to see areas are slowing down, families are having to make a choice. last year this time i was paying $20 for eggs and now it is $50 per case for eggs, we are seeing costs that have risen for citizens. >> todd: voters trust the gop to handle top issues like infla...

>> i got it. >> think about it, its just rubber. no book is next. would you like to -- its a spiral notebook. >> the key is you know what, its wide ruled. i hate wide world. i think it affects the price, wide ruled. >> im going with $6. >> really? im going with a dollar 88. >> its wide world. >> $3.36. >> was in the lead? this is our last -- dana and i are tied. we have -- what are those called? calculator. i remember these, they were

Doing everything in his power to address the putin price hike. >> so jackie, do you agree? >> no, but shes doing a good job of parroting from the jen psaki play book because thats the thing psaki used to say. i will break this down for everybody at home who is confused in any way about whats happening with the gas prices. $2.38 bidens inauguration week. january 31, 2022, roughly a year later $3.36. that was a 41% increase before prices started moving because of putin. so yes, putin did monopoliz...

From a week ago, regular is 3.36 a gallon and depending where you live you can expect to pay a great deal more as you mentioned according to local media reports gas station in isolated highway in california was charging 7.59 a gallon for regular and almost 8 and a half dollars for premium. triple a says california leads the nation with the highest prices for gas averaging 4.54 followed by hawaii at 4.27, also on the top 5 list nevada, washington and oregon. speaking earlier this week at a town h...