Return to Transcripts main page

CNN News Central

Who's to Blame for Increase in Gas Prices; Apple Reports $111 Billion Plus Revenue in Best March Quarter Ever; Tory Burch Foundation Honors Anna Wintour Ahead of Met Gala. Aired 9:30-10a ET

Aired May 01, 2026 - 09:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

[09:30:00]

PETE MUNTEAN, CNN AVIATION CORRESPONDENT: Silent Bob?

UNIDENTIFIED MALE: Yes, because he never complains.

MUNTEAN (voice-over): Even as he is pelted with pepper spray balls, enough to stop a real shooter. Even an unarmed drone can still pack a punch and can subdue a shooter by ramming into them.

UNIDENTIFIED MALE: Nice.

RICK GOODRICH, BOERNE INDEPENDENT SCHOOL DISTRICT: Anything that causes that distraction, anything that takes their attention away from potential victims is a win.

MUNTEAN (voice-over): Rick Goodrich is the chief of safety and security for a school district near San Antonio.

GOODRICH: When a drone enters the room, it's the only thing you're thinking about.

MUNTEAN (voice-over): Campus Guardian Angel admits this system will not be cheap, costing schools about as much as a school police officer's salary and benefits. This technology is still in its early phases and has never been used in an actual school shooting. But the hope is this can be an emerging tool in a fight with no easy answers.

JUSTIN MARSTON, CAMPUS GUARDIAN ANGEL: If we see somebody murdering children, we want to stop them murdering children.

(END VIDEOTAPE)

MUNTEAN (on camera): This system is about to be put through its first major test. Florida's pilot program officially launches today at a high school in Deltona. Campus Guardian Angel tells me there will be a testing phase and then a training phase before the drones are live.

This idea dubs to some critics, though, who question whether this is all that much of an improvement. Some have pointed out that drones in schools may not do much beyond security cameras, and they also question whether it's the best way to spend tight school budgets. So there are two big questions with this initial rollout, Kate. Not only will this work, but whether drones in schools are really worth it.

KATE BOLDUAN, CNN ANCHOR: Great questions. Very interesting, though, Pete. Thanks so much for the closer look.

So gas prices, they jumped more than 30 cents in just a week. Where do they go from here? What is next?

And just days before the big Met Gala, I sit down with fashion icon Tory Burch for special honor for Anna Wintour. And Tory's new goal herself to add a billion dollars to the economy through the power of women.

[09:35:00]

(COMMERCIAL BREAK)

JOHN BERMAN, CNN ANCHOR: All right. Breaking overnight, we did see a huge jump in gas prices, up nine cents a gallon, to $4.39. It's up 33 cents in the past week.

There have been big, big jumps all week long. The political question is who gets blamed for this? CNN chief data analyst Harry Enten is here this morning.

So simple question, who does get the blame and how does that compare historically to past people getting the blame?

HARRY ENTEN, CNN CHIEF DATA ANALYST: You know, the buck stops at 1600 Pennsylvania Avenue. Donald John Trump, the president of the United States, and to a historic degree, look at this blame for the increase in gas prices. 77 percent say Donald Trump.

I look back at every president I could find on a similar question, which is when the gas prices rise, who gets the blame? Trump gets the blame more than Joe Biden did back in 2022, more than Barack Obama did in 2012 and more than George W. Bush did back in 2005, 71 percent.

Donald Trump takes the cake. He owns this mess, according to the American people. And it is quite the mess because his gas prices climb ever higher. And the increase in the percentage that blamed Donald Trump climb ever higher. His approval ratings go down into the basement.

BERMAN: So presidents always get blamed, but he's getting blamed more.

ENTEN: He is getting blamed more to a historic degree.

BERMAN: What about the partisan breakdown here?

ENTEN: Now, this is where it gets really stunning. OK, you know, we've seen numbers that are this bad for Trump, you know, disapproval rating on gas prices around this area, the percentage blaming him for the increase in gas prices around this area. But when you break it down by party, this is where it gets. Oh, my. You know, this is a Republican base that has been infatuated with Donald Trump for years. But even here, blame Trump for rising gas prices.

Fifty five percent, a majority of Republicans blame Donald Trump for gas prices. That is the highest ever blame for gas prices from one's own party. Then you see 82 percent of independents. That's the highest percentage who blame the president of the United States among independents. Not much of a surprise. Ninety five percent of Democrats, but majority, majority, majority.

Rarely do you get the trifecta of majority from across the political spectrum agreeing on something. But here we have it. The majority of Republicans, independents and Democrats all blame Trump for higher gas price.

BERMAN: This is the highest ever from inside one's own party.

ENTEN: That is correct. This is the highest ever from inside one's party. When you look at the four -- three other presidents that you have on your screen right here, that 55 percent that you see here blaming within -- blaming the president from one in one's own party, that is the highest ever.

BERMAN: OK, so the president says it's all worth it. It's worth it to fight this war in Iran. One of the American people say.

ENTEN: Yes, OK. You know, last night as well, Rick Scott, the senator from the great state of Florida, said the same thing. It was worth it for him, despite the fact that we had the higher gas prices.

But do the American people agree? They don't agree with the president of the United States and they don't agree with the senator from the state of Florida. Look at this. Is the Iran war worth higher gas prices? 64 percent of Americans say no. Just a third say yes. These are types of numbers we see consistently with this war over and over and over again.

We're not just getting little majorities. We are getting vast majorities agreeing on something. And here we have the vast majority say no, the Iran war is not worth higher gas prices.

As I said, it is a mess and is a mess in the minds of the American people, of the president's own making.

BERMAN: They already say it's not worth it. They already say they don't like it. What are the prediction markets saying about where these gas prices are headed?

ENTEN: Yes, OK. You think it's bad right now, the prediction market, the Kalshi prediction market thinks it's going to get even worse. Chance gas prices this year rise above $5 a gallon.

[09:40:00]

Look at this. 74 percent chance say yes, they will. You go back to April 17. It was just 30 percent then. So what we've seen is this number climb ever higher. The bottom line is this. The situation is getting worse.

You see it every day at the pump and the Kalshi prediction market -- the people putting their money where their mouth is -- say it will continue to get worse mostly.

BERMAN: The $4.40 now has got a ways to go to get to $5. So we'll see.

ENTEN: We'll see. Although it's climbing very quickly.

BERMAN: Harry Enten, thank you very much.

ENTEN: Johannes, happy weekend.

BERMAN: All right, a lot of news. We'll be right back.

(COMMERCIAL BREAK)

[09:45:00]

BOLDUAN: Apple beating expectations with its second quarter earnings, the tech giant reported more than $111 billion in revenue. It's best March quarter ever. The company is crediting what it's calling extraordinary demand for its iPhone 17.

This is as Apple is gearing up for a major leadership change that we've been tracking, with John Ternus set to take over for Tim Cook later this year. So much going on. What does this mean for Apple?

CNN's tech editor Lisa Eadicicco is here with much more on this. What does this mean for Apple?

LISA EADICICCO, CNN TECH EDITOR: So Apple rarely, if ever, talks about what's next. But I think there's a lot of reading between the lines about what this CEO appointment means for Apple's future. The company is going from Tim Cook, who is the operations and logistics expert to a hardware expert.

John Ternus is currently the senior vice president of hardware engineering. He's a tech and product guy. So I think there's a lot of questions about what that transition could mean for the company's future products, especially at a time when Apple is facing a lot of pressure to show how AI is shaping its future product roadmap and I --

BOLDUAN: What they're doing with it, yes.

EADICICCO: Yes, and I think that became evident on the company's earnings and in its earnings call yesterday. I think what the big takeaway was is that Ternus will be inheriting this massive business and he'll be facing pressure to not only continue growing the company's current products like the iPhone, which is its biggest moneymaker, but also coming up with new ones.

I think that's what Wall Street and consumers and analysts really want to see. And I think the big question is, you know, if Steve Jobs was the visionary and Tim Cook was kind of the person who scaled a lot of Apple's products to the masses, what is John Ternus's mark going to be?

BOLDUAN: What about this crazy revenue, these numbers that they just posted for the quarter? I mean, where there are so many companies that are hurting, Apple's doing OK.

EADICICCO: So Apple, though, a big reason why it's different from a lot of the other big tech companies is it really is a consumer company. People who buy iPhones are not going to stop buying iPhones. I think that's why they're a little bit more insulated compared to some of the other companies that we're seeing.

So I think, again, that's something that Ternus is really going to have to push forward in the future is continuing to differentiate these products. The iPhone is almost 20 years old. So he's going to have to really convince people that it's still exciting.

It's still worth upgrading because people want to upgrade, not just because they need a new phone. And that's something that I think a lot of people are going to be looking to later this year in September.

In the meantime, Apple's developer conference is happening in June, where it will likely talk about its AI strategy. Tim Cook said on the call that AI announcements will be coming. So we'll be watching out for that then.

BOLDUAN: All right. Standing by for that, for sure. It's good to see you, Lisa. Thank you.

EADICICCO: Thank you.

BOLDUAN: John.

BERMAN: All right, in Florida, a driver nearly hit a child crossing the street to get onto the school bus there. The car went through a stop sign, just narrowly missing the student. The town sheriff says, quote, "When you ignore a stopped school bus, you are gambling with a child's life." You've got to pay really close attention on the roads there.

All right, starting this month, you can visit maybe the most iconic home in the entire country. This is the Brady Bunch House. The house in Los Angeles has just been designated an historical cultural monument. And after a renovation, fans will get this immersive experience.

You can go in and, you know, live like the Bradys did. Now, interior scenes of the show were filmed on a studio lot, but the real life home has just now been decorated to match the show. I will say it feels like I grew up inside that house from all the reruns.

A man in Florida is on a very special mission this summer to make an Uber Eats delivery in all 50 states.

(BEGIN VIDEO CLIP) MIKE DEMARO, DELIVERING UBER EATS ACROSS AMERICA: I'm at 38 plus D.C. right now. I'm trying to get the remaining 12 done this year because it's America's 250th anniversary. So I'm calling this 50 for 250.

(END VIDEO CLIP)

BERMAN: Love it. Mark Demaro says he wanted to visit all 50 states and this was the perfect way to do it. He says he was diagnosed with autism late in life and wants to encourage other autistic people to drive and to go out and to meet new people.

So the Mets had the gold-winning figure skating team from Milan in to throw out the first pitch at the game and it was kind of pure chaos. They wanted to all do stunts as they threw out the pitches, but they mostly failed to execute all of them, much like the Mets.

I'm sorry, I'm sorry. It was too easy. I feel like it would have been malpractice not to say that.

But you can see how happy everyone was, unlike, say, the Mets.

The 152nd Kentucky Derby is tomorrow night at Churchill Downs in Louisville. Renegade is the favorite, but Drew, the dreaded one position. No horses won from the rails since 1986. The fashion, though, is already out in full force.

(BEGIN VIDEO CLIP)

[09:50:00]

UNIDENTIFIED FEMALE: I always buy the Fascinator first. I got told that the big theme this year was bright colors, and I was like, you know what? I want to look pretty much like a traffic cone, and you know what? Coming in, I pretty much did.

UNIDENTIFIED MALE: You were successful.

UNIDENTIFIED FEMALE: It is just on a headband. I probably should have pinned it, but honestly, once you start drinking, it's kind of a sobriety test whether or not your hat's going to stay on or not and it's doing good so far. Check in with me in about an hour.

(END VIDEO CLIP)

BOLDUAN: I love it.

BERMAN: I think she's doing great.

BOLDUAN: I think she's doing fantastic. She wins. Should we stay with fashions?

BERMAN: Let's do it.

BOLDUAN: OK, one of the biggest nights in fashion is right around the corner. The Met Gala is set for this coming Monday. The theme of this year is costume art, giving celebrities and so many boldface names from around the globe the chance to show off extravagant and wonderful designs and also raise money for the Metropolitan Museum of Arts Costume Institute. This week, designer Tory Burch and her foundation honored the woman behind the Met Gala, Anna Wintour.

(BEGIN VIDEO CLIP)

ANNA WINTOUR, FORMER VOGUE EDITOR IN CHIEF: It's no longer the Met. It's the Met week. I mean, it goes on all week with everything that bounces off it and is held by it. So I think it's really important to remember and not just maybe think this is just for a certain group. Underneath it all, it's helping so many people and bringing so many tourists into the city and obviously into the museum.

(END VIDEO CLIP)

BOLDUAN: And through her foundation, Tory Burch herself is setting a big new goal. She now wants to add a billion dollars to the economy by supporting women entrepreneurs through grants, mentorship, and more. And I sat down with Burch to talk about her foundation, her impact, and the future of her global brand.

(BEGIN VIDEOTAPE)

TORY BURCH, FASHION DESIGNER: I personally think women are the answer. I look at women, they have tenacity, they have grit, they're powerful collaborators, they're building businesses that last.

BOLDUAN: The pledge is to add another billion dollars to the economy by 2030 through supporting women entrepreneurs. How do you measure success and progress? How do you measure that you're getting to that goal?

BURCH: We've already come to about $340 million, so we're well on our way. But one thing that we noticed is the work we were doing was pretty phenomenal, and it was making a difference in these women-owned businesses. And so we were seeing entrepreneurs that -- we started with 10, then we moved it to 50, and now this summer will be 120 entrepreneurs. So by the time 2030 comes, it will be 1,200 entrepreneurs.

BOLDUAN: I mean, it's got a huge network of --

BURCH: It's very exciting. It's a community I never had.

BOLDUAN: How has your definition of like female economic power changed or evolved in this?

BURCH: So, confidence is a big part of it. I think, you know, I talk a lot about how everyone struggles with confidence, including me. So, I think when people hear that, and if I can do it, I tell them they can do it.

BOLDUAN: You're honoring Anna Wintour, an icon among icons, her resume speaks for itself. What is it, though, in your mind that makes her perfect for this honor. BURCH: I mean, Anna has championed entrepreneurs her entire career, and she is an entrepreneur in the way she approaches business. She's creating the change around the zeitgeist, but she's ahead of it. I've never seen anything like it. Her instinct is phenomenal and quite a force.

BOLDUAN: I still remember my first pair of Riva flats. I absolutely they were animal print and what an iconic piece that just -- I mean, it was such a staple in so many wardrobes for so, so, so, so long.

BURCH: We're doing Riva ballet flats again, and a whole younger generation is wearing them, like your daughter's ages. It's super exciting.

BOLDUAN: What is the core of the Tory Burch style? What is it that has endured for so many years?

BURCH: I mean, I do think I'm very intellectually curious, and I like change. I don't want to change who we are fundamentally, but I like working with the zeitgeist and seeing and seeing how women are changing with time. And I think at the end of the day, though, I still have some of the same pieces. And it's about things that don't go away and things that last. And for me, that's something about style.

It's not necessarily about trend, it's something that can -- there's not a decade assigned to it. You can't really tell it's from, but you know you want to keep wearing it. Well, I've always looked through a luxury lens. That said, I've always cared deeply about quality and fit. I want it to be something that people covet and will wear and wear again, and something that will last. I want women to have pieces that they can hand down to their children and to their daughters.

BOLDUAN: We were talking about every conversation in every industry is being impacted by AI. How do you think AI is going to impact fashion?

[09:55:00]

BURCH: Well, it's already impacted fashion. And I was laughing with my mother this morning. And I was saying, when I bring the topic of AI up in some of the creative meetings, it's like I took their firstborn. Like people are very wary of AI. That said, we all have to understand it and partake in it, or we're going to be left behind. There's so many efficiencies that are so unbelievably smart that we need to get on, and we already are in our industry.

BOLDUAN: What side do you think that AI can be most effective without, I don't know, dimming the creative process?

BURCH: Well, I don't think it replaces creativity. And I think at that point, there will be a backlash where people will crave creative product.

BOLDUAN: There's a generation of women that will watch you, have tracked your success, and they want to do something like that. They want to succeed like you have. Tory, what can you say in the most honest way to tell them what it takes to succeed? BURCH: I would say, as my parents said to me, buckle up, thicken your skin. It's going to be rough, but exciting. And that's kind of how I look at it. They told me negativity is noise. There was so much negativity when I started this company that it was a vanity project, or why would I ever do this?

For me, it was essential. I wanted to work, I had something I wanted to do. I didn't know if it would work, but I can tell you I didn't give up. And there are times when you think you might want to. And I think that's where you have to thicken your skin and buckle up.

(END VIDEOTAPE)

BOLDUAN (on camera): It's really fascinating. I've, you know, been kind of tracking her since she launched this brand, and it's been amazing to see it.

BERMAN: It was a great interview. It's going to be rough, but exciting. Good advice for everybody.

BOLDUAN: Thank you so much for joining us. This is CNN NEWS CENTRAL. "THE SITUATION ROOM," up next.