Scott Horsley

High gasoline prices don't seem to have dampened our national fondness for road trips.

AAA says a record 45 million people are expected to travel this weekend, including more than 39 million by car.

Filling the tank will cost more.

The average price of regular gasoline is $4.55 a gallon.

That's up about $1.36 from this time last year.

The spike in gas prices caused by the U.S.

war with Iran is pushing inflation higher.

That'll be a challenge for incoming Federal Reserve Chairman Kevin Warsh.

He's being sworn in at the White House today by President Trump.

U.S.

stocks opened higher this morning.

Asian stocks were also up overnight, with Japan's Nikkei average climbing to a record high.

Scott Horsley, NPR News, Washington.

Target reported a jump in sales during the most recent quarter and raised its outlook for the rest of the year.

The discount retailer says it saw increased demand in all categories, including groceries, beauty products, and general merchandise.

Bond yields have pulled back a bit after hitting multi-year highs on Tuesday.

Crude oil prices have also softened, but retail gasoline prices continue to climb.

AAA says the average price of regular gas rose a little more than two cents a gallon overnight.

Scott Horsley, NPR News, Washington.

Target reported a jump in sales during the most recent quarter and raised its outlook for the rest of the year.