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the gains since biden took office. >> bill: the biggest rate hike in three decades. "new york post," its looking grizzly. >> dana: adding to the concerns is the producer price index for may out just moments ago showing wholesale prices up 11% year-over-year. all of that gets passed right onto you, the consumer. >> bill: it does. the price of gas holding steady, record $5 a gallon all threatening to overwhelm a white house in crisis. we begin with griff jenkins on the north lawn. >> goo...

join us coming up. >> john: first fox news alert to an economy in crisis. americans crushed on high prices from gas to food while their retirement accounts evaporate. growing concerns a dramatic move by the fed on interest rates could send the economy spiralling into recession. john roberts in washington. sandra. great to have you back. >> sandra: i am sandra smith in new york. this is "america reports." we are watching all of this, brand-new numbers today from may painting a bleak pic...

The shrinking. it means paying the same price but getting less. your dollar does not go as far but you may not have noticed. think of it as a stealth price hike. for example, in 2021, $4 bought a 14.5 ounce box of honey bunches of oats, and now just 12-ounces. and detergent, to 67.5. founder of consumer world says the practice is not new. >> downsizing is going on for decades. i noticed it when i was a kid in my mounds candy bar was no longer two ounces. the>> and shrinkflation might be deceptiv...

Its the unlimited plan you need on the network you deserve. how much does an 18 ounce box of cheerios box. >> an 18 ounce box of cheerios. >> yes. >> that is billionaire starbucks founder howard schultz, igniting debates this week on economic populism or how to beat trump and for all of the buzz there hasnt been a ton of reporting on what he stood for in all of his works since launching starbucks. but skrutd inning his record is crucial to determining if hes a benign billionaire or spoiler bil...

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