The core inflation rate doesn't include gas and food prices. But if you add those products to the report for last month, consumer prices shot up 0.6% -- the biggest increase since November. That's why some economists say it's time to stop ignoring them. Nancy Marshall Genzer reports.
Corn futures surpass the $7 a bushel mark this week, and some are predicting prices are headed much higher. Sarah Gardner reports what other high food prices we might be able to expect with the rising cost of corn.
Fed Chairman Ben Bernanke and others are concerned about inflation and a weak dollar. So why isn't economics correspondent Chris Farrell breaking a swear? He explains to Scott Jagow why there's reason not to worry.