Economy

The Energy Department says gas inventories are low and, despite high prices, demand just keeps rising. And food prices are going up as well. Pat Loeb reports.

About a century after they were first formed on socialist ideals, at least half of Israel's kibbutzim are leaving collective econonomics behind. Shia Levitt reports.

A new federal report says the sticker shock at many American supermarkets is directly related to the rising cost of energy and a bigger appetite across the globe. Janet Babin reports.

The U.S. just isn't attracting foreign investment the way it used to, so Treasury Secretary Henry Paulson wants to see some changes in our playbook. And if he can push his agenda through, American companies may enjoy the new rules as well, Jill Barshay reports.

It looks more and more like inflation is going to come under control. But with gas prices flirting with record highs, consumers can't catch a break. It seems most of our spending money is going into the tank. Steve Henn has more details.

Retail sales numbers out today were some of the worst ever recorded. Major retailers reported a 2.3 percent decline over last year. Ashley Milne-Tyte reports on gas prices and the rest of the usual suspects.

In a new book about how America pays for war, Goldman Sachs Vice Chairman Robert Hormats claims Congress and the White House are sidestepping their obligations to pay back their debts. He talked with Kai Ryssdal.

Researchers have stumbled across an interesting correlation between immigration and the economy: The number of migrants apprehended at the Mexican border appears to be a very good predictor of economic growth in the U.S. Dan Grech reports.

It's now seven meetings in a row the Federal Reserve has declined to move interest rates one way or the other. Kai Ryssdal got Greg McBride from Bankrate.com on the phone to get his take on what the Fed might be thinking.

Given the state of the housing market, it wasn't entirely surprising when luxury homebuilder Toll Bros. warned it won't meet its earnings target for the year. Amy Scott reports even the wealthy are feeling some pain.