What's behind inflation in March?
The latest inflation numbers are out, and they show prices jumped last month, due to the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more.
Inflation
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Farmers feel financial pain from Iran war
American homes and businesses are feeling the ripple effects of the war in Iran. Gas prices are averaging $3.97 a gallon nationwide, up about one dollar in a month, and the largest four-year increase in 30 years. Lana Zak reports from Iowa.
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Analysts warn oil prices could keep climbing as Iran war intensifies
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What's behind Fed's interest rate decision
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Economic uncertainty fuels Fed's rate decision
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, citing economic uncertainty, including potential impacts from the war in Iran. CBS News coordinating producer Richard Escobedo has the details.
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Goldman warns of Iran war's economic repercussions
Since the start of the Iran war, gas prices have increased by 27%, and diesel prices have increased by 34%. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins to examine the potential impact of the war on the overall economy.
How rising diesel prices may affect inflation
For American drivers, the cost of the war with Iran is already showing up at the pump. But there's a bigger warning light flashing for the economy: diesel. Kelly O'Grady explains.
Inflation held steady in February before Iran war drove up gas prices
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
CPI climbs 0.3% in February, as expected
The new Consumer Price Index released Wednesday shows inflation ticked up in February, but was in line with what experts expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
February inflation numbers hold steady
February's CPI report shows inflation held steady. Erin Delmore, a geoeconomics correspondent, joins to break it down.
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