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More difficult and potentially recessionary times. >> one thing we've seen is gas prices beginning to go down. at $4.21 today. still a lot higher than a year ago. same time we're seeing record profits from a lot of oil and gas companies on a quarterly basis. how do you see those dynamics playing out in terms of the people's perceptions of the pain they are feeling every day when they try to pay for things? >> it's horrible because you're going to see inflation continue to rise for the foreseeable future. it might slow down a bit but prices are going to continue to rise, for the foreseeable fut...

Plenty of other local races too. the cost of living a big part of the debate. californian gas prices currently the highest in the country. inflation, and the war in ukraine is driving prices above 6 bucks a gallon. this time last year, the average cost of a gallon of fuel in california was $4.21. so, if you drive an 18 gallon suv, you are paying a0 dollars more to fill the tank than you were last june! anthony is still with us — but let's also bring in mark baldassare from the public policy institute of california. its a non partisan think tank. the fifth biggest economy in the world we shou...

♪ such a lovely place ♪ >> jesse: great song but ends with anonymous line. >> you can check out any time you want but you can never leave. >> jesse: you can never leave. well, i hate to rain on done henley's parade but people are bailing on california in record numbers. and why the sudden rush from the golden state? gas prices have a lot to do with it. look. i know gas prices are high everywhere, but they are not even close to what people are paying in liberal california. the state is closing in on $6 a gallon compared to 4.21 nationwide. and residents know exactly who to blame. >> califor...

Savers could benefit. rock bottom rates on savings accounts and cds may slowly move higher. i think the banks first will charge more for what they are lending and later they will give you more money for deposits. if you buy a home, don't panic. the rates are tied to the ten-year treasury bill. moving higher in anticipation of the move and yields dropped because the gradual increase ahead. 4.21% for the 30-year fixed rate loan. rates will remain below 5% for the rest of the year. big deal for house hundrters because they could be priced out in some markets. the increase will cost $57 extra per ...

Ice cream, yogurt, sherbert, frozen snacks distributed in 29 states, comes after two samples of chocolate chip cookie dough ice cream tested positive for listeria. it is potentially deadly bacteria. much more information at abcnews.com. all of it being recalled. we turn to iowa where up to 5 million chickens will have to be destroyed after the bird flu was found at a farm, the first chicken farm in the state to be affected by the virus which was confirmed at a turkey farm in the state last week. industry experts say it's unlikely to affect egg prices, however. >> so a government panel now reco...