Economy

Wholesale prices rose at the slowest pace in 10 months in May, as food costs fell and gas prices rose. Juli Niemann, from Smith Moore and Co., explains.

Budget deficits should raise interest rates. But investors fear slow growth and unemployment more, so borrowing — and savings — rates stay low.

Diane Swonk, chief economist of Mesirow Financial, explains how our perception of the economic recovery has seemingly changed overnight.

After unsettling news from Wall Street, and continued concerns of defaults in Europe, many economists fear we could be headed into a second global recession.

With discouraging economic reports in jobs and manufacturing and a significant drop on Wall Street yesterday, some worry the economy is headed into a second recession.

Market strategist David Kelly with JPMorgan Funds says the possibility of a second recession is remote — but that the economics spigot is delivering a drip, drip, drip of bad news.

Private-sector hiring and manufacturing shift into a lower gear. A day after home prices record a double-dip, are we headed back toward recession?

The city's $22 million cruise ship and ferry terminal was mostly funded through federal dollars. It could help revitalize the area's economy, but not many ships are calling in.

Chris Low, chief economist at FTN Financial, discusses this week's economic indicators, and how the slowing economy will affect the recovery.

Jill Schlesinger, editor-at-large at CBS/MoneyWatch, takes a look at today's numbers from the Commerce Department, and explains how slow consumer spending growth and GDP affects the recovery.