Joeling Kent News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Does not factor in the spike in oil and prices since the start of russia's war. the price of a gallon of regular today is 4.32. another new national record. joining me now from jackson, wyoming, is nbc news business tech correspondent joeling kent. a lot of this is because of covid, the supply chain disruption. for a long time nobody wanted gasoline. production went down, and suddenly everybody needed gasoline, and production didn't ramp up at the same rate. >> reporter: absolutely, and the 40-year highs of inflation we have been seeing over the past couple of months including just now in febr...

Many items they're buying, how much their cart is, is going to be significantly different than in the past. the other thing you should also note is that the discounts that you may see online and in person will likely be less than usual, because you have these big retailers suffering from the high cost of labor because of the labor shortage, and, of course, the ongoing expenses of getting your stuff into the ports, on to the shelves and ultimately to your doorstep. jose? >> joeling kent, thank you. >> the biden administration is aware of the inflation concerns across the country. a new npr poll...

Share including products like cereal and frozen foods. >> they're much more about things that are local, authentic, that have a story that connects to them and that often means putting aside those traditional brands they may have heard of for years and years. >> it sounds like brandless is kind of developing a brand of its own. >> oh, absolutely. we are unapologetically a brand. we're redefining what it means to be a brand. >> disrupting the future of how companies become a household name. joeling kent, nbc news, san francisco. >> if you want to distinguish yourself from your competition, you ...