62 63 News Today

Of the white house counsel of economic advisors and joins us now. with this job number that came out today, you get the idea that things are looking really good, but take a look at this in terms of inflation and what the american consumer is feeling. groceries up 20%, gasoline up 45%. energy costs of 38%. consumer prices up 19%. credit card debt up 44%. real average hourly earnings down 2.63%. so when the president touts bidenomics and says everything is great, do you understand why people at ho...

Welcome back. one of the key questions surrounding the conflict in ukraine centers on the economy. will russia, one of the worlds biggest suppliers of oil, keep it flowing to the west? nbcs tom costello reports. >> if you pump gas or pay a heating bill, youre already on the economic frontlines of the showdown in ukraine. home heating oil up 56% in a year. gasoline now averaging $3.51 nationally, up from $2.63 a year ago. >> already expensive and now its like outrageous. >> i would spend maybe ab...

THE STANDARD By Andrew Kipkemboi | February 8th 2021 at 00:00:00 GMT +0300 “Mass failure!” screamed the national dailies last week. The results of tests taken by two classes - Grade 4 and Standard 8 - that reported back after the Covid-19 pandemic, make for depressing reading. Obviously, this will call for serious soul-searching and hand-wringing in the education sector. Ten years ago, reports that Standard 8 children could not do basic Standard 2 arithmetic or Standard 6 pupils could no...

What did joe biden need, 62%, hes going to get it with whats left in fulton county. the question is when you look at the top line margin, 23 votes ahead, 10, 11,000 votes, what does he get from whats left in dekalb. 5% left. what about gwinnett. 5% left. what does he get in you come down here into savannah. theres a lot left in savannah right now. a little bit closer margins. what does he get with whats outstanding there. i think the biden campaign would be thrilled if he could hit 80 across the...

Necessarily. about the budget deficits and so forth. chris, my view and i believe the view of the administration, we are going to point a steady path towards lower federal spending and federal borrowing as a share of the economy. share of gdp. it lowers the burden -- spewing the deficit increased an enormous amount in the first couple months of this fiscal year i think 70 percent. >> will run about four and half to five percent gdp. its a very modest number compared even with recent past and -- ...

Necessarily. about the budget deficits and so forth. chris, my view and i believe the view of the administration, we are going to point a steady path towards lower federal spending and federal borrowing as a share of the economy. share of gdp. it lowers the burden -- spewing the deficit increased an enormous amount in the first couple months of this fiscal year i think 70 percent. >> will run about four and half to five percent gdp. its a very modest number compared even with recent past and -- ...

Necessarily. about the budget deficits and so forth. chris, my view and i believe the view of the administration, we are going to point a steady path towards lower federal spending and federal borrowing as a share of the economy. share of gdp. it lowers the burden -- spewing the deficit increased an enormous amount in the first couple months of this fiscal year i think 70 percent. >> will run about four and half to five percent gdp. its a very modest number compared even with recent past and -- ...

Lightning lighting up the capitol. and this funnel cloud spotted on new yorks skyline. the storms forcing ground stops at multiple airports. more than 1,500 flights cancelled, and 4,000 delayed. this is fdr drive, one of the major thoroughfares in new york city. it was shut down for over an hour. those storms arent over just yet. boston still seeing flash flood alerts. david? >> gio, our thanks to you. lets get right to ginger zee. tracking it all for us. >> impressive rain fall. reagan intern...

2015 high were looking at here and prices are also being pushed up of news saudi arabia have raised official selling prices to the u.s. and europe. it thinks demand in those regions is strong enough to support higher prices but the national average is now $2.63. one month ago we were $2.39, so we are creeping up again, but the good news is were still not at the $3.67 of one year ago, right? just to put it in perspective. >> mandy, i just dont want to leave this segment with the thought that i, p...

Massachusetts we make $2.63 an hour. so they wanted to make sure that we were compensate. >> reporter: now theyve made back about one-third of what theyve lost. >> its fantastic that people would be so kind to do that. >> makes you believe in this boston strong thing. theyre good people. they outnumber these terrorists by a lost. >> reporter: the charles mark hotel located just two doors down from where the first bomb went off was also swarming with patrons that day. >> an unpaid bill is the las...