Samsung’s revealing its new Galaxy S4 phone today in New York. The smartphone is getting a lot of buzz because it’s the first phone set to challenge Apple’s ‘cool.’

The producer price index — prices received by U.S. companies — rose 0.7 percent last month, its largest uptick in five months. Diane Swonk, chief economist with Mesirow Financial explains what’s behind the rise and whether the U.S. should be worried about inflation.

Japan and China have failed to block new restrictions on shark fishing at an international conference in Thailand.