Average American Consumer News Today

what a crazy day in the markets and for the economy. just when we thought the inflation news couldnt get worse, it did. a sign of what is coming. wholesale inflation that makes you think wait a minute. the retail inflation that is bad could get worse. susan li with more. >> the dow down sharply this morning after the near record high inflation numbers for producers. wholesale prices coming at 11% higher than last year. you couple that with the steepest consumer price increase and 41 ye...

That we seize it. My presidency is entering the Fourth Quarter. Interesting stuff happens in the Fourth Quarter. And im looking forward to it. Going into the Fourth Quarter, you usually get a timeout. Im now looking forward to a quiet timeout. Christmas with my family. I want to wish everybody a measure wrimerry christmas, a happy hanukkah, a happy new year. I hope that all of you get time to spend with your families as well because one thing that we share is that were away too much from them. A...

---the exxon went even lower to $1.69. one expert says competitive fuel prices are good news particularly for american drivers. >> the basic effect of lower prices of oil is more money in consumers pockets, were a nation that still is a net importer of oil and that means that cheaper oil means more money for american consumers. >> this comes as congressional republicans are planning to start 2015 by pushing the long delayed and studied keystone xl pipeline. >> the first item up in the new senate...

There is very little impact. nominal impact on u.s. gas prices, what the average american consumer cares about by having this pipeline come through. the implication is its going to lower gas prices in the united states. its not. theres a global oil market. its very good for canadian oil companies, and its good for its want going to be a big benefit to u.s. consumers. the creation of the pipeline itself will create a few thousand jobs. those are temporary jobs until it actually happens. there are...

Theres very -- ill say nominal impact on u.s. gas prices what the average american consumer cares about by having this pipeline come through. and sometimes the way this gets sold is, were going to get this oil and its going to come here and thats the implication thats going to lower gas prices here in the united states. its not. theres a global oil market. its very good for canadian oil companies. and its good for the canadian oil industry but its not going to be a huge benefit to u.s. consumers...

The washington journal says meat and dairy got more expensive thanks to tight cattle supplies. after years of drought in states such as texas and california and according to government data the price ropes for fruits -- the prices are up for fruits and vegetables and beverages. maybe we are looking at it the wrong way consider us the average american consumer, couch bound, overweight and economically required fat is the best thing that could happen to us. drink some water and call it a blueprint...

The washington journal says meat and dairy got more expensive thanks to tight cattle supplies. after years of drought in states such as texas and california and according to government data the price ropes for fruits -- the prices are up for fruits and vegetables and beverages. maybe we are looking at it the wrong way consider us the average american consumer, couch bound, overweight and economically required fat is the best thing that could happen to us. drink some water and call it a blueprint...