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>> cheryl: or proseco or cavet. inflation hit wine and champagne industry, average wine price in 2021 was $13.34. it is champagne prices we have seen over $5 jump, if you will. supply chain, a lot of ships stuck off the coast of california were full of wine bottles, a lot of supply for the wine bottles come from ukraine. there is a lot of hits to the industry, they couldnt get bottles and older vintages are more expensive. i am that kind of lady, im going for value for new years. >> todd: what w...

As americans are seeing some relief at the pump, gas prices continue to drop. theyre now lower than they were one year ago. the national average is $3.33 cents per gallon compared to $3.34 this time last year. in tonights "money watch" cbs kris van cleave reports that despite falling gas prices, americans are still being squeezed by inflation. >> reporter: how low will they go? plummeting pump prices below $3 at this atlanta-area gas station thursday. how much are you saving with gas prices down...

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...

What are you seeing, christi? >> michael, stocks across the asia-pacific region are in the red. this, after russian president vladimir putin ordered troops to enter those breakaway pro-moscow regions in eastern ukraine. lets bring up the picture for you and its portrait across the region in red and if you can hook at the hatest data, we will bring it up on the screen. we have been monitoring the nikkei in japan, as well as other markets. you see, the nikkei is down 1.8% here in hong kong, down 3...

One indiana metal factory has lost more than 7% of its workforce in the last two weeks and the ceo who is joining us right now j.d. brown is the ceo of bci solution. j.b., the reason people are leaving is because they cant afford the gas. >> thats one of the reasons, steve, good morning and happy wednesday. you know, a year ago we were at $2.70 a gallon. a.a.a. standards for south bend, yeand indiana, thats increased to $4.26. just a month ago we were at 3.34. a 22% increase in prices in gas. in...

Visayan Electric restores power to 63.34% of its affected customers in Metro Cebu

Injured by a wound, it showed multiple people were impacted by this former officers fateful decision to pull her service weapon instead of her taser. josh campbell, cnn. now, the labor department says new weekly unemployment claims have dropped to 184,000. thats a fraction of what they were a year ago. if you look at that, and the lowest number in 52 years. the nation still has about 11 million job openings which employers are struggling to fill. in another piece of good economic news, well ta...

Prediction that 2022 will mark the end of the pandemic. cnn business reporter joining us now on that. hey, matt. >> reporter: good morning, guys. there have been some promising developments, including on inflation. especially with the biggest problem child of them all, energy. first, prices at the pump are ticking lower. the national average down to $3.34 a gallon. its not cheap but a seven-week low. even more encouraging, a bigger drop ahead. the energy departments research arm is pulling for g...

Biggest drivers for this historic period of inflation. what we have to pay attention to what happens to this closely. there have been positives. gas prices ticking down $3.34 a gallon nationally not cheap but lower, and these forecasts from the government, wall street, prices going down further. natural gas prices down as well and supply chain. the supply chain nightmare is not over and may not get back to normal anytime soon, but there are glimmers of hope. signs maybe the worse is over. port c...

Former trump officials and associates. the list includes former white house chief of staff mark meadows who just informed the committee he will no longer be cooperating. relief for the united states as energy costs dropped significantly. warmer temperatures and increasing production sent prices lower about 40% since october for home heating oil, natural gas. prices at the pump are also stabilizing. recent drops in crude oil are showing up in gas costs. the average is now at a seven-week low. $...