The government reported retail sales rose six-tenths of a percent while the Consumer Price Index rose a tenth of a percent. Jill Schlesinger from CBS MoneyWatch talks with Steve Chiotakis about who the big winners are in this environment of low inflation.
Clues this morning on the Federal Reserve intentions to help the economy. Federal Reserve Chairman Ben Bernanke told a conference in Boston
that more action from the Fed is needed. Janet Babin reports.
The Internet search giant is looking into creating price index, similar to the Consumer Price Index, that can track inflation based on what people are buying online every day. How accurate can it get? Tony Arnold reports.
President Obama will participate in a youth town hall meeting on the MTV and BET networks. The president will take questions from an audience of about 250 young people and from young viewers. That's a demographic hit hard by the sour economy, and some are doubtful anyone can help. Nancy Marshall Genzer reports.
Are regular economic indicators still the best way to measure our economy? In our latest Economy 4.0 report, David Brancaccio investigates into why alternative indicators might be moving into the mainstream.
The Federal Reserve will meet to discuss monetary policy. David Weiss, chief economist at S&P, talks with Steve Chiotakis about what the Fed will be looking at as they make policy decisions and what its options are.
A report out by the Organization for Economic Cooperation and Development has cut the growth forecast for the U.S. economy. OECD Secretary General Angel Gurria talks with Steve Chiotakis about the state of the U.S. economy and suggestions to improve it.
President Obama held a conference in the White House to discuss the economy, what to do to get people buying again, and how to get people back to work. Reporter Scott Tong talks the details with Steve Chiotakis.
President Obama is going to hold his eighth White House news conference — where the economy is sure to be a big topic. Jill Schlesinger, editor-at-large at CBS MoneyWatch, talks with Steve Chiotakis about whether his plan is going to actually create jobs.
Austan Goolsbee is expected to be named today top economic adviser to President Obama. Reporter Scott Tong talks with Bill Radke about Goolsbee will bring to the job.
