RT Donald J. Trump (@realDonaldTrump)Rising gas prices are causing a steep rise in consumer prices and will slow any future economic growth. It is a tax on all Americans. ...

CNBC'S SQUAK BOX AND A NEW YORK TIMES COLUMNIST ANDREW ROSS SORK. ANDREW, A BIG DEAL, THE THE JOBS REPORT THAT JUST CAME THROUGH WITHIN THE LAST HOUR. AS I NOTED A FEW MINUTES AGO, IT IS DOWN AND, YOU KNOW, MUCH MORE THAN DOWN, IT WAS EXPECTED TO IT'S DOWN 92 ,000 JOBS AND BRINGING A TOTAL FOR THE LAST 10 MONTHS OR SO DOWN IN TERMS OF WHETHER AMERICA HAS LOST JOBS OVERALL.LOOK, THIS WAS, THERE IS NO GETTING RIGHT OUT OF This was a bad report. The markets are reflecting this was a bad report. The markets are ...

Experts say it’s too soon to know exactly how much gas prices will rise this week but the average price for a gallon of gas in the U.S. topped $3.25 as of Thursday, according to AAA, already up more than 28 cents from a week ago. https://t.co/46JEmKkkCa📸: Mostafa Bassim/Anadolu via Getty Images ...

Governor John Kasich of Ohio, he's also an MS now political analyst and Jim Messina, former deputy chief of staff to President Obama. He's the author of the Messina Memo on Substack. It's good to see you both.Jim, you first. I want to get your reaction to the former president throwing his weight, his full endorsement here behind this redistricting effort in Virginia. And DO YOU HAVE ANY SURPRISE THERE AND COULD IT MAKE A DIFFERENCE. IT COULD ABSOLUTELY MAKE A DIFFERENCE.THIS VOTE, EARLY VOTING STARTS NEXT W ...

Gas prices $310 a gallon. That's the national average. That's up a lot from last week.And it's really been a dramatic and quick move. One analyst telling us this morning you could see $3.20% a gallon by the end of the week. Crude oil up uh you know almost 14% since this crisis began.That's where this all begins. The idea that there's some sort of a a global shock to energy production and energy transit through that straight of Hormuz. So when I look at marine traffic, I can see it's a big parking lot on bot ...

We have been enjoying some [music] nice low gasoline prices. How quickly are these higher oil prices going to [music] mean higher prices at the pump. Yeah, >> it's going to be very quickly.And like a lot of Americans are probably very aware of oil futures. There are also spot markets, right. Oil prices don't wait to react.That oil delivery that's on the waters reassessed whatever happens globally. It's a very tight economy, a very global economy. And so those spot prices are going up alongside futures.So ke ...

Here's another question. Oil prices. What happens to those expected to rise today now as the fighting continues and Iran escalating its attacks in the region too.You heard Kier Simmons earlier in this discussion talk about the straight of Hormuz. Huge. This is a huge global shipping route for oil.It is a big deal. It is, as you can see, geographically right in the thick of where everything is happening. I want to bring in NBC News business and economy reporter Ally Canal.Um, so talk us through it. Let's sta ...

Trump Claims Gas Is Below $1.99 In Places—Here's Where Gas Prices Are Actually Lowest Amid Affordability CrisisThe national average for a gallon of regular gasoline has dropped close to $3 over the last month, the lowest since 2020, but still significantly higher than President Donald Trump’s claims of $1.99 in “certain states”, as the president faces persistent concerns, and rising blame, among Americans over an affordability crisis. https://t.co/CFiYOl1fAA ...

Industrial Policy & Government Intervention - The speaker expresses reservations about government equity stakes in companies, preferring loan-based support similar to the Overseas Private Investment Corporation's approach [3][4] - The speaker contrasts current industrial policy with past practices, noting the oil industry's self-reliance during crises without government bailouts [4] - The speaker criticizes the concept of "too big to fail" banks, arguing it creates unfair competition for regional banks [5] Market & Economic Indicators - Gasoline sales are flat year-over-year, but prices are down 10-12%, suggesting reduced consumer driving [6][7] - Diesel sales are up 35% year-over-year, indicating strong commercial activity, potentially driven by onshoring [7] - The speaker suggests monitoring diesel sales in the third quarter to gauge the sustainability of the current economic activity [9] Retail & Consumer Behavior - The economy is K-shaped, with luxury shopping centers experiencing double-digit sales increases while middle-market retailers like Red Lobster struggle with flat sales and heavy discounting [10][11] - McDonald's price increases are encroaching on casual dining restaurants [11] - Consumers are trading down from higher-priced alcoholic beverages like margaritas to cheaper options like beer [14] - Consumers, especially younger demographics, are increasingly buying smaller quantities of alcohol for immediate consumption rather than larger quantities for later use [15][17]