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questions if both were too slow to act. as mentioned, another tough day on wall street. the dow lost 237. the s&p 500 fell 23. the nasdaq dropped 30. today another new high for gasoline prices with the national average reaching $4.59 per gallon. the rising rates forcing some to cancel vacation plans this summer. we will address these issues and more with senate minority leader membership mcconnell in just a few moments. first, fox business correspondent grady trimble is in chicago where gas prices are soaring. good evening, grady. good evening, bret. on wall street, it wasn t as bad as yesterday but all three of the major indexes are down big this week. the nasdaq getting hit the hardest. dropping more than 3.5%. investors are worried rising costs and falling consumer demand are eating into company s bottom lines especially after disappointing earnings from two of the country s largest retailers. retailers are also concerned about the rising fuel costs which could in ....
Good evening. Welcome to cnn tonight. The breaking news, we are less than one hour away, everyone, from what looks like maybe thousands of auto workers walking off the job. The deadline is midnight. You see the Countdown Clock right now. Dont turn away, that will be very important because it could mean that production could actually grind to a halt at general motors, at ford, at the company that builds jeep, ram, dodge and chrysler brands. The uaw president shawn fain saying just a little while ago if there is no deal by midnight, that means that three plants are going to go on strike. Tonight we call on three units to stand up and go on strike at midnight if we do not reach a tentative agreement in the next two hours. Were calling on gm, local 2250 in region four to stand up and strike. Were calling on stalantis, Toledo Assembly complex, region 2 b to stand up and strike. ....
Hungary s Petrol Association: Hungary s government is set to discuss potential fuel price intervention following a surge in petrol prices. The economy minister s statements suggest a focus on aligning prices with the central European average to ease inflation pressures. ....
Germany’s central bank in its monthly report, stated that after a 0.3 per cent contraction in the final quarter of 2023, output is “likely to decline slightly” from January to March. This would mark the second consecutive decline in economic output, Economy News, Times Now ....