Although the cost of feed is soaring, the cost of chicken has barely budged this year. Ashley Milne-Tyte reports that chicken producers would love to raise their prices like everyone else, but are held back by retailers.
Europe's largest bank, HSBC, has made another big write-down because of subprime mortgages in the U.S. This news comes even though the bank has had a profitable first quarter. From London, Stephen Beard reports.
Battered Citigroup has raised money from investors, laid off employees and sold off chunks of the business. It wasn't enough. Today the company announced it would sell off $400 billion in assets. Amy Scott has more.
Next week, the government releases its consumer price index for April, so we'll get to see just how high the cost of living has jumped, right? But economists aren't predicting a big jump in the cpi. Nancy Marshall Genzer asks why.
Tax-rebate checks go out Friday as part of the $150 billion economic stimulus effort. And retailers are eager for a cut of your cash. We went looking for some of the more unusual ways people are planning to spend their rebates. Kai Ryssdal reports.