The Fed's latest report concludes we're facing increasing inflationary pressures amid slowing economic growth. Bob Moon talks to economics editor Chris Farrell, who still isn't convinced we have a lot to worry about.
The Federal minimum wage has gone up 70 cents today to $6.55 an hour, which is still behind the wage level of two dozen states. Renita Jablonski explores what questions arise from the wage increase in a slow economy.
A Massachusetts lawmaker is pushing to make gas cheaper if you pay with cash, with a potential savings of seven cents per gallon. Jeff Tyler reports how the discount could help independent gas stations.
The Department of Veterans Affairs has seen demand for its services soar, but many veterans don't know what's available to them. So this week, the Department rolls out its first ad campaign in 30 years. Jessica Lussenhop reports.
Southwest may be the only big U.S. carrier to have made any money in the first half of the year. And Dan Grech reports in stark contrast to its rivals, fuel costs are actually a big reason for its success.
Food regulators from the European Union are raising concerns this morning about the safety of cloned animal products. Bob Moon talks to Stephen Beard in London about why European consumers are so fussy about cloned food.