january, the number of people filing unemployment claims hit 229,000, which economists were not expecting. let s bring in our correspondent. let s start with housing, is the market finally cooling down? it does appear so, jake. if you are looking for a house right now, you are finding it increasingly more difficult, which is probably why applications to purchase a home, mortgage applications, dropped 6.5% compared to the week prior. this plus applications to refinance at 22 year lows. two things are happening. you have the price of a home going up, still about 20% higher than it was a year ago. and you have the cost to buy a home, the borrowing cost also going up. take a look at mortgage rates. the average for a fixed 30-year sitting at 5.23%. but this tells it all. a year ago, it was at 3%. so you re getting hit on both sides. not only is the price of a home going up, but the price to buy a home is going up. it s becoming increasingly more
we have had policies that pay people not to work. we have had a war on american energy that s led to more inflation. the federal reserve is only going to be left with one option to control inflation, that s their primary role is to control inflation. they have to raise interest rates. today the average for a gallon of regular is 4.62 a gallon. it is much worse in some states including california 6.15 over there. hawaii is 5.44. nevada 5.30 a gallon. washington state 5.23. alaska 5.20. the list goes on. of the president is slated to have some reporters in the room this morning just for a brief moment at the top of his meeting with the new zealand prime minister. no telling if he will take any questions today though. back to you guys. steve: probably not. ainsley: i doubt it. steve: jacqui, the president says with the federal reserve it s hands off for me i m not going to tell them what to do. is that so he can say hey, it s their fault, you know, first it was putin, and now it s
a robo call to you, posing as your bank. i ve obtained a demonstration of one of these calls from inside otp agency. it shows just how convincing they can be. john seymore, this is an automated call from halifax bank. they pretend to be calling to prevent fraud. they say if you want to stop the transaction, you need to give them your one time passcode. an authorised payment of £85.23 was made using your debit card ending in 1312. in order to cancel this transaction, please enter the code that you received by text message followed by the hash key after the beep. if you follow these instructions, the criminals will have everything they need to take your money. i was not the only one investigating them. i discovered an american cyber intelligence firm,
at this point, the criminal uses otp agency to trigger a robo call to you, posing as your bank. i ve obtained a demonstration of one of these calls from inside otp agency. it shows just how convincing they can be. john seymore, this is an automated call from halifax bank. they pretend to be calling to prevent fraud. they say if you want to stop the transaction, you need to give them your one time passcode. an authorised payment of £85.23 was made using your debit card ending in 1312. in order to cancel this transaction, please enter the code that you received by text message followed by the hash key after the beep. if you follow these instructions, the criminals will have everything they need to take your money. i was not the only one investigating them.
The global industrial lubricants market is expected to reach a market size of USD 75.23 Billion growing at a CAGR of 3.2% during the forecast period, according