This is hurting companies that are heavy users of energy, such as airlines. The availability and price of fuel will have a big impact on the bottom line of the airline industry.

Energy costs have risen faster than anybody had expected.

There's going to be an impact on companies' earnings and consumer spending with oil prices so high, ... will be high enough to be felt once companies start reporting third-quarter earnings.

I don't think Gary Black saw himself as a perennial No. 2. I think he took the job hoping to be No. 1 at some point.

It's a response to the Federal Reserve's action last week -- the first interest rates increase in a while. And the Fed chairman said he would be preemptive rather than reactionary in his war against inflation. So I think we can expect more.

It's a response to the Federal Reserve's action last week -- the first interest rates increase in a while, ... And the Fed chairman said he would be preemptive rather than reactionary in his war against inflation. So I think we can expect more.