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FBN’s Adam Shapiro with an afternoon market update, plus news that gas prices are on the way up for Labor Day Weekend.
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Adam Shapiro of fox business -- consumer sentiment climbed to a three month high the university of Michigan's final August meeting coming in better than expected 74 point three.
But on the flip side the survey's gauge of consumer expectations fell to its lowest level since December.
Marathon petroleum is tapping into the Energy Department's emergency oil reserve in the wake of hurricane -- -- the company is borrowing one million barrels of crude oil after -- caused one of its refineries operated at reduced rates.
And with today being the Friday before Labor Day millions are expected to hit the road but there is some bad news for drivers gasoline prices hit record.
Price levels nationwide.
According to triple a.'s daily fuel gauge the national average for a gallon of regular gas now three dollars and eighteen cents.
That's the latest on the Fox Business Network giving you the power to prosper.
