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Thankfully been found alive. the coast guard says the group was rescued 46 miles southeast of cape fear. they left on sunday for a diving trip on a recreational boat around noon. later that day the coast guard was alerted they had not resurfaced. details on the rescue not yet clear, but photos released by the coast guard do show tearful -- look at that there. family reunions. also gas prices are edging toward $4 a gallon. the national average for a gallon of regular gasoline, $3.85 now. the highest level in nearly ten months. coming just as millions of americans are planning road trips for l...

Rubles to a dollar. lost your mutual fund? putin is a -- and a thief. i wanted to begin with the u.s. economy, the one-year anniversary. gas prices are soaring once again. the average price of a gallon, regular hit 3.85, up 28 cents from just one month ago. how worried are you about this , secretary? >> of course this is an area of uncertainty but we're certainly well off the highs. and more broadly inflation has

Prices will continue to rise another 7 to 10 cents a gallon, to a national average of around $3.85 a gallon. but in addition, diesel prices are increasing and that means the cost to deliver goods and services to the consumer is going to increase as well. and of course, that stokes more inflation. >> so there you have it. and the other concerning thing is right now we are in the peak of hurricane season. so if a hurricane or trouble storm makes it into the gulf of mexico, it can disrupt production. because those refineries will have to shut down, which could increase, again, the gas prices. rig...

The medium term. and so they remain under pressure to increase the cost of borrowing when they make their interest rate decision on thursday. it is not just it is notjust europe. inflation remains a problem in the uk and the us. australia's central bank unexpectedly increased its main interest rate to 3.85% earlier today. all of this to try to tackle soaring prices. when it comes to the eurozone samy chaar, who is chief economist at the swiss private bank lombard odier, has been telling me the european central bank has little choice but when it comes to the eurozone samy chaar, who is chief ec...

Candidate yourself? because that seems to be what happened here with the republican party? and even donald trump -- the rage machine, it eclipses the problem at hand, which is the fact that people feel left behind and lost and broken. -- >> this is why i love. you absolutely hit the nail on the head. you get this stuff. and you meet them where they are. you cannot say, oh, how old do you feel about inflation? and you say, well, the fundamentals of the economy are good. that is not the right answer. the right answer is, i know you are -- $3.85 or wherever whatever it is where you are living, it...