Detailed text transcripts for TV channel - CNN - 20180501:09:51:00
A record $488 billion in the first three months of 2018. the previous high was in 2010 when the u.s. was struggling to pull itself out of a recession. hitting the road this summer? you'll probably pay more at the pump. oil prices are rising thanks to production cuts by major exporters and soon that will transport into higher gas prices. up nearly 14% from last summer. the highest in four years but still well below the $4 a gallon hit during 2008. nagging concerns over apple's most important product, the iphone. investors are worried that apple will report slowing iphone sales in its earnin...