Morning Business Report: Average gasoline price hits record high for ninth day in a row

The average price for a gallon of regular unleaded gasoline in the U.S. hit a record of $4.59 on Thursday. Gas prices have hit record highs for 9 days in a row.

Rent hits another record high, the national median being $1,827 in April.

U.S. home sales are seemingly cooling down, but the prices still climb.