Will Your Grocery Bills Go Up Due to Flooding in the Midwest?; The Future of Flying: What You Need to Know; Foreclosure Frenzies; The.(Broadcast transcript)

Original Source: YOUR MONEY

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ALI VELSHI, CNN HOST: Welcome to YOUR MONEY. We look at how the news of the week affects your bottom line. I'm Ali Velshi.

Devastating floods hit the Midwest with up to 20 percent of Iowa's corn crops destroyed. We are going the find out if that means that your grocery bills will jump even higher this summer.

Also, with airlines ready to charge for everything from bags to soda, we are going to take a look at the future of flying. What do you need to know before booking your next trip?

And foreclosures, up more than 150 percent in the last we are, 73,000 families losing their homes to bank repossessions in May alone. Greg Hunter joins us with an eye-opening look at the little guy fighting back in the foreclosure frenzy.

But first the race for the White House includes the usual campaign rhetoric about the need to wean America off its dependence on foreign oil. However, with gas prices at record highs, there is a new sense of urgency entering the debate about energy between John McCain and Barack Obama.