Surging Gas Prices Shake Americans, and How Ted Turner Unleashed 24-Hour News

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The Headlines 8 min 6 speakers 2 chapters transcribed 4 months ago
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What is the main topic discussed in this episode?

A.O. Scott 0:00
This is A.O. Scott. I'm a critic at The New York Times. What I do and what the other critics here do is part of the same project that all of the journalists at The New York Times work on every day to give you clarity and perspective and, above all, a deeper understanding of the world. When you subscribe to The New York Times, it's not just here are the headlines, but here's the way everything fits together. If you'd like to subscribe, please go to nytimes.com slash subscribe.
Tracy Mumford 0:32
From The New York Times, it's The Headlines. I'm Tracy Mumford. Today's Thursday, May 7th. Here's what we're covering.
David Walker 0:44
Paint me a picture of how you manage fuel costs since the war and the spike in prices.
Unknown 0:50
I mean, I was paying well below $3. And then, let me see, within a week, A week, it jumped up a damn near a dollar.
Tracy Mumford 1:01
Across the U.S., gas prices keep ticking up, but the weight of that burden is not hitting everyone equally. I mean, yeah, it's rough.
Unknown 1:10
I mean, gas was the one thing that wasn't that expensive.
Tracy Mumford 1:14
According to an analysis released by the New York Fed, lower-income Americans are feeling the worst of it. It's like, why am I even coming out of the house? My colleague Talman Joseph Smith talked with a woman in her mid-40s who drives for Uber and Lyft in Charleston, South Carolina. She said the jump in gas prices has eroded her take-home pay. In general, the analysis found, lower-income households are spending a lot more on gas than usual, even as they're cutting back on how much they're buying. They may be driving less, carpooling, taking public transit if they can. Higher-income households, however, are buying the same amount of gas as before, even with the surge in prices. It's a sign their behavior has largely been unaffected.
Tracy Mumford 1:59
The data shows the spike in fuel costs is essentially inflaming the economic divide in the U.S. and perpetuating the K-shaped state of the economy, where those on top keep thriving, while those at the bottom slide in comparison. Meanwhile.
Unknown 2:15
We're in a, I call it a skirmish, because that's what it is, it's a skirmish.
Tracy Mumford 2:21
Over the last day, updates on the state of the war and a potential peace deal have been contradictory and rapidly changing. Yesterday in the Oval Office, President Trump said, quote, I think we won.
Unknown 2:32
They want to make a deal. We've had very good talks over the last 44 hours. And it's very possible that we'll make a deal.
Tracy Mumford 2:40
But the president also issued a new threat on social media, writing that if Iran doesn't agree, quote, the bombing starts and it will be sadly at a much higher level and intensity than it was before. For its part, Iran has given conflicting responses, too. Yesterday, one Iranian official dismissed a reported proposal to end the war as a list of American wishes. But later, another official, Iran's foreign ministry spokesman, said his government was reviewing an American proposal and would let mediators from Pakistan know its position.
Tracy Mumford 3:19
In the West Bank, experts say that extremist Israeli settlers are using the U.S.-Israeli war with Iran as a chance to intensify attacks on Palestinians. Essentially, with the world distracted, they've been ramping up a campaign of violence against residents there. In one West Bank village, a Palestinian man described seeing his son fatally shot in a settler attack before he himself was stabbed and beaten unconscious. In another village, masked men sexually assaulted a shepherd and brutalized his extended family, including children. All told, 13 Palestinians were killed in attacks in the first two months of the war, almost as many as all of last year, according to the United Nations. Many more were injured, and more than 600 have been driven from their homes.

How are rising gas prices affecting lower-income Americans?

Tracy Mumford 4:07
The campaign of violence and intimidation is emptying out entire villages and leaving many Palestinians afraid of what will happen each night when it gets dark. One Palestinian woman told The Times she feels like no one is protecting them and, quote, The Israeli military is supposed to maintain order in the West Bank, but several commanders told The Times they struggle to get their troops to take action.

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