diane macedo has the story. >> the days of paying less than $3 a gallon of gasoline are likely gone.hat was the key take away. it was aimed at petroleum prices risen despite massive increases in reduction. the days of the national pump o a e below $3 is probably a number of factors including hurricane overseas and increase demand in countries like china and india. national average is 3.66 cents from over a week ago. it pointed a finger at bio fuel mandates showing it was any advanced ethanol still needs to be imported. because renewable fuel standard is out of control and broken. >> diane macedo from fox business. >> julia roberts niece is in real trouble with the law. this has nothing to do with drugs and alcohol. >> a woman's surprise run in with police. >> right now saying owe 2,000 dollars. >> her boyfriend asked police to let her go. >> coming up on "fox & friends"." >> we are in the midst of a heat wave. consumer reports is here. we have something for you. also dr. carson is here his take on the zimmerman verdict. brian shows up with soccer skills plus hand gliding dogs. all on

fox business network diane macedo is here to explain.good morning patti ann. the cost of own ago car is on the rise. every year it becomes worth less and less. it is costing you more and more to drive it. according to aaa 2013 your driving cost survey the annual cost of owning a car now chanra from 7,000 dollars to more than 11,000 to the average american due to combination of factors. where in the range you fall will depend on what kind of car you are driving. the average cost of all sedans the most typical american car is 60.8 cents a mile based on 15,000 miles of driving 7-11,000 annually. small cars cost the least while 4-wheel drive sport utility vehicles cost the most at 11,599 annually due to their fuel consumption. minivans which often have about the same amount of passenger and cargo space as most suv's average 9,795 dollars while large sedans cost almost as much as the suv's at 11,208,000 a year. aaa says the amount of value your car loses also increased to an average of 3,571 dollars. as for the one bright spot in the report i

diane macedo will have more on that in the business brief which is straight ahead.nvestment in u.s. corporations. the mayor of smithfield is our guest. all of hat straight ahead on markets now. ♪ ♪ >> hello everyone. i am diane macedo with your fox business brief. home prices posting their biggest gain since may. prices rose 12.2% from a year ago. delaware and alabama were the only two states where sales fell . that is according to the latest. shares of american greetings are jumping. they upped their buyout offer for the third time. nineteen dollars a share. that is the latest from the fox business network. giving you the power to prosper. ♪ the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades w

let's go to diane macedo with the fox business network who is breaking down why there is a rise in costse the bearer of bad news but some traditional 4th of july barbecue favorites like burgers, steak and chick *pb -- chicken and fruit will cost more. food is more expensive now than it was a year ago. beef prices are about 1.7 higher than may of 2012. ground beef prices are at record highs. in case you thought switching to chicken might help, the report says poultry prices are up 5.6%. the usda said the reason for the spike is last year's summer drought which seems to be affecting prices this year more than last year. there are a few ways to get your grill on without breaking the bank. one, when you see a good sale, stock up on meat and freeze it for later use. family size packs offer a discount. take on more of the prep work by buying a whole chicken and cutting it yourself rather than buying the boneless, skinless chicken breast. lastly, you can switch to pork. the usda says that is the one meat priced well below where it was last year. pork for everyone. >> thanks, diane. still ahead,

fox business network diane macedo has the story for us. >> good morning patti anne.ar feld won't be able to keep the promise to halt all irs bonuses this year. he says quote in the unprecedented budget situation i do not believe the irs should pay performance bonuses to employees managers or executives. this is not a measure of the quality of performance done by you and your colleagues but an unfortunate by product of the defendant budget situation we find ourselves in. the national treasury employee union which represents irs says tax payer bonuses already promised to unionized irs workers must be paid because their intended for work done in 2012 before werfel canceled them. the irs is under fire for scrutinizing nonprofits asking for nonprofit status. it was announced last month at that time the irs was playing to pay out $70 million in employee bonuses. >> all right thank you very much. >> it is 43 after the hour. the white house is hitting one school really hard for failing to comply with new lunch standards. the price students and parents are now paying for not

fox business network diane macedo is here to explain. >> it might be hard to believe but a new inspectors the state department spend $630,000 to get more likes on facebook. according to the report, the more than two-year advertising campaign -- quote -- "succeeded in increasing the fans of the english facebook pages from about 100,000 to more than two million for each page." but employees complained the bureau was buying fans who massive clicked on -- who may have clicked on an ad but have no real interest in state department issues. but a half dozen movie parody videos were released that were removed from the agency's website last year after the revelation that the agency spent hundreds of thousands of dollars on a lavish las vegas conference. the videos obtained through a freedom of information act request feature skits where the g.s.a. employees parody the godfather. a report last month showed the i.r.s. spends millions of dollars a year to pay 200 employees who fully work full time on labor union business. senator tom coburn is asking the i.r.s. to stop paying those employees for wor

diane macedo with the fox business network joins us live with this story. diane?porter: hi, jenna. fans tuning into that toronto blue jays game not only got to see the game on sports net, but they also saw some ads. they looked like billboards that were actually painted onto the turf itself. of course, they weren't actually, they were superimposed to appear that way. now, all the ads appeared in either foul territory or in areas like the batter's eye which is a part of the wall which is solid so batters can see ball. but even though they weren't in the actual area of fair play, critics are saying this has gone too far. this is all kind of reminisce sent of a 2004 controversy when major league baseball had announced they would be putting ciderman ii -- spider-man ii ads on the bases themselves. they had to scrap that because of an up roar from the fans. so now the question is if major league baseball will again step in and say this has gone too far or if we're going to start seeing a growing trend here of ads not only on the baseball field, but on the basketball co