Hill City, Kansas, has been seeing temperatures reach as high as 115 degrees for several days. Ace Billups, a farmer there, talks about the heat's impact on his business.
Tens of thousands of people have evacuated from the Colorado Springs area because of a raging wildfire that's threatening homes. Those fires make for some dramatic images, but the real drama for many of us will come from the effect dry weather is having on farms.
Farmers are suffering from unseasonably warm and dry weather this season, contributing to higher grain prices for farmers and soon higher food prices for consumers
As part of our ongoing middle class photo project, we followed up with a listener who told us being middle class means setting a goal and getting there. Tell us what you think it means to be middle class.
Host Tess Vigeland talks with CBS/MoneyWatch's Jill Schlesinger and Sr. Producer Paddy Hirsch about why investors have been slow to return to the markets after a succession of financial calamities.
The cost of soybeans is now hitting levels not seen just before the 2008 food crisis, and when this happens farmers switch to soybeans and away from rice — that crucial staple of diets in so many parts of the world.
