Page 5 - 83 05 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Policy. listen to this. >> we'll probably have everything completed by next week. we'll be imposing tariffs on steel imports and tariffs and aluminum imports. you're going to see a lot of good things happen. >> those tariffs will took effect next week. that announcement surprised staff and sent stock market into tailspin. at one point dow jones industrial was down about 500 plus points. the dow was down 3.05%, though, for the week. martin. >> after president trump fired those opening shots in what could become a trade war, countries around the world are now threatening to fight back. here is c...

People there. this happening just about an hour ago. that is when lights started to flicker in downtown detroit. rick leventhal, we'll keep an eye on it for all of you and bring you the latest when we get it. well, in the meantime plunging oil prices could be a big boost for consumers during the busy holiday shopping season. oil prices could keep falling which could help some big american companies as well. joining us from the fox business network, lauren simonetti. hi, there, lauren. businesses love this kind of thing because it costs them a lot less to get their goods from point a to point...

Temperatures meaning americans are using less oil to heat their homes. all that pushes prices down further. prices also spiked after hurricane sandy and have fallen since, shepard. >> shepard: so right now they're headed down more, right? > >> reporter: that's right. there's a difference between lowest and highest of 80 cents a gallon. 3.85 in long island, in mems me, tennessee, it's less than 3.05. the average price of gas in the u.s. has fallen 10 cents in the past week, dipping 3.38 for a gallon of regular, expected to go lower. >> shepard: you can furnish your entire home at ikea if you wa...

A 30-year mortgage is down to 3.8%. that the lowest since long-term mortgages began back in the 1950s. the rate on a 50-year falling to 3.05%. there is a little good news for due. we are learning this hour that the postal service racked up losses in the billions this past quarter. agency set to lose even more money if congress does not approve evening saturday deliver is and cuts to health and labor costs. while 8th graders improved in signs, 7 out of 10 are still not considered proficient. >> i just concluded that for me personally, it is important for me to go ahead and affirm that i think s...

Certainly iran and the issue with israel is probably adding $10 to $15, as much as 30 cents to a gallon. i think the biggest reason are the factors that we in public policy are not really addressing and things we can do that would really help the situation long run. i mean the big thing in the market right now, alex, the discrepancy between prices at the coast verses prices in the interior of the country. denver, kansas city are about $3.05 in gasoline prices, even adjusting for taxes. 60 cent differentials per gallon. that's unprecedented. >> i will say there's a difference if you fill up in ...