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Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Example. car sales roared in may. chrysler alone up 30% as consumers caught up on purchases they delayed during the recession. >> we are seeing some pockets of the country where demand is definitely picking up in the housing mark. we saw gains in consumer spending in april. there is enough income growth for consumers to continue spending, and then businesses are very profitable. they are continuing to invest. >> now some economy efforts are looking to the federal reserve for some additional juice for the economy. they say today's jobs report gives the fed more reason to launch additional stimu...

Latest updates on this topic from reliable sources.

Gallon of gas stands at $3.61. that is more than 40 cents higher than it was this time last year. joining us phil flynn, market analyst and fox business contributor joining us on the floor of the cme. what is going on? what is the number one reason? why are we seeing prices so high? >> i think it is the threat from iran more than anything else. we're seeing an incredible war premium put into the price of crude oil and that has driven prices dramatically higher. if that were the only thing maybe we could look beyond it. there are more tensions around the world. look at yemen and other countries...