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Price hike, an expensive jolt fueled by the great american drought that consumers will soon start to see at the checkout. you have a family of three, two children. approximately in a week you are spending what? >> $150. >> reporter: if the usda economists are right means she will spend $160 a week next year adding up to $500 more out of her yearly budget. a hike so broad it is difficult to shop around. affecting the foods americans eat most. last year's milk price, $3.57 a gallon. by early 2013, projected at $3.84. ground beef, 2011 price, $2.77 a pound. by next year, more than $3. eggs last y...

If the circumstances warrant it, we'll tap into the nation's strategic oil reserve. sfwl everybody should know that should the situation demand it, we're prepared to tap the significant stockpile of oil that we have in the strategic petroleum reserve. we're also using the resources at our disposal at the federal level for manipulation of the markets. megyn: the average price for a gallon of gasoline is up to $3.54. compared it $2.77 one year ago. david rear, george washington university. not to be cynical, but the president's critics have been pointing out for weeks as the gasoline prices have...

The u.s. is still by far the world's largest economy but some predict china will overtake the u.s. by year 2027. and gasoline prices are up almost 4 cents a gallon. the national average price for regular is now 2$2.77 a gallon. the dow is down 7 points and d s&p as well as the nasdaq is up slightly. right now commercial shrimpers are back in the waters. for the start of the shrimping season. it is the first time since the oil disaster. the fear is that no one will want to buy what is being pulled out of the gulf. federal and state officials ins cyst that the shrimp reaching the market is safe ...

Experts predict gas prices have already peeked and could fall below last summer's high of $2.77. foreclosures, rates are down 2%. there are fewer delinquent homeowners, experts say the number of people losing their homes still is rising. the bank sees a record 92,000 homes in april. can you imagine 92,000 homes being seized. that's 92,000 sheriffs putting the padlock on the front door. >> you put a little black cloud over my gasoline prices story and a black cloud over the foreclosure crisis story is that a lot of states have declared a moratorium on foreclosures. a popular toy, the push a...

Lower. so where did the money go? it went into u.s. debt. ten-year treasury bonds to be more specific. down to 2.77 on the yield. that means the price of bonds go up as the people want to buy them and the yield goes down. the u.s. dollar gaining a lot of strength today. if you want to go to europe, get your ticket now and get over there. it's getting cheaper by the second. what happened in italy today? the markets in italy, in milan down 2.7%. take a look at the italian ten-year bond. it's risen to 3.17%. the highest in quite some time. when we had the debt crisis, the ten-year yield on italia...