Page 4 - 52 59 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Percent. its first five day win streak since september. nasdaq closed up higher as well. u.s. oil prices climbed to $52.59 a barrel. that hasn't happened since january 2010. so a real rebound here. and retailers are macy's shares pluchl eithmmeted. weak holiday sales and lower guidance going forward. macy's is adding more discount back stage location, rolling out buy on line in store pickup capabilities, but that fell short as more went to t.j. maxx and online to amazon. a seismic change in how we shop. the sharp decline in macy's dragged down other retailers. jcpenney and nordstrom fell sharp...

From known. elizabeth: well, as you know, hurricane harvey shut down at least ten major refineries in the gulf coast, causing fears of fuel supply shortage across the country. leland: big gas lines. elizabeth: gas prices jumped for one of the busiest travel weekends of the year. will carr is tracking it from los angeles. hi, will. >> hey there, liz. if you're travelling this holiday weekend you'll certainly notice that surging gas prices with a direct link to hurricane harvey. according to triple-a, the average price for a gallon of gas today is $2.59. that's a 23 cent increase from this point...

Regular gallon of gas, the average cost is $2.59. that's a 23% increase from last week. that's resulting from refineries on the louisiana coast been shut down. the colonial pipeline which carries 40% of the south has been forced to close sections underwater. they now need to inspect to before they reopen. drivers are racing to the pumps and station started running out of gas because many people swap the station in a short amount of time. >> i think it's sad because were dealing with what's going on in houston and with the flooding, so we don't need to have something that people are worried abo...

Refineries are not functioning. the average national is $2.59, a 23 cent increase in a week. in addition, shortages, long lines and disbelief. >> just noticed it, they are up 50 cents from a couple days ago. >> it's ridiculous. i was in sticker shock. >> experts say they could surge more in some areas with the short supplies. mandatory evacuations under way as a wildfire is burning out of control in burbank, california. dozens of homes are threatened as that fire is making et cetera way down the mountains towards a heavily populated area. in norther california, a scorcher in san francisco as...

Will check back with you later in the show, of course. if you're hitting the road for the long weekend, we sure hope you filled up yesterday, gas prices jumping 2.8% overnight going to 2.59 a gallon. lines forming where prices are up 12% from a week ago, hurricane harvey knocked almost 17% of u.s. refining capacity offline causing fuel shortages among other concerns, colonial pipeline runs from houston to new jersey and also partially shutdown earlier this week. very complicated situation, something that may not be resolved right away. it could take some time. >> takes a while to get refinerie...