05 02 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> the roads are going to be packed as summer kicks off this weekend. aaa expects more than 37 million people will be hitting the roads, hopefully not all of them in new jersey where i'm going to be. that's up by 6% from a year ago. but i am here with some good news, and that is despite the rising number of people on the roads, the cost of road trips is actually going down. drivers across the country are being greeted by cheaper gas prices than last memorial day weekend. a lot cheaper. on average, a gallon of regular gasoline sells for about a dollar less than a year ago, according to aaa. the...

Hit by these missiles. we will leave it there. abdujalil _ hit by these missiles. we will leave it there. abdujalil abdurasulov, - it there. abdujalil abdurasulov, thanks forjoining us, abdujalil. mortgage costs are rising, after higher than expected inflation figures this week. the big question now is how much interest rates might go. there are expectations the bank of england will lift them higher than previously thought, in an effort to slow the rate of inflation. our business correspondent, marc ashdown, is here. nationwide is britain's biggest building society and a major mortgage lender....

Roads are going to be busy as summer kicks off. aaa says a 6% increase in road travel this memorial day weekend, but i am here with some good news because despite the rising demand the cost of road trips is actually going down. drivers are being greeted by cheaper gas prices this year, much cheaper, the national average is $3.57 a gallon, down by more than a gallon from the $4.60 years ago, miles away from the record high last june of $5.02 a gallon. gasbuddy says drivers in all 50 states are seeing lower gas prices, some of them a lot lower. in california the average is down by $1.31, new yor...

It's stoked concern that the bank of england will have to continue to raise interest rates for longer to try to reduce inflation. our business correspondent, marc ashdown, is here. nationwide is among lots of mortgage lenders who are putting their rates up. for new borrowers and those looking to re—mortgage, the average deal on the market for a two—year fixed—rate mortgage is now 5.35%. for a longerfive—year deal it's 5.02%. that's bad news for anyone looking for a mortgage deal, like self—employed blacksmith ian in dorset. it looks as though our repayments are going to be an additio...

It is wild. it's hard to imagine right now, but back in 2020 gas prices got to as low as $1.85 a gallon. that was because people weren't driving due to covid. president biden took office, under $2.50 a gallon and russia invades ukraine. gas prices shot up. they peaked at a record 5.02 a gallon. the fear was russia's supply was going to get knocked offline. thankfully that has not really happened. oil continues to flow from russia. so we've seen gas prices come down, also because of recession concerns and because u.s. supply has increased in part because of record releases of emergency oil so n...