No, the U.S. is not about to run out of diesel fuel
The U.S. has a 25 day supply of diesel fuel, but refineries are continuing to add to that.
Supply Chain
Drought disrupts Mississippi River shipping
Water levels are hitting record lows along the Mississippi River, meaning big trouble for the economy. The drought is expected to last through January, threatening the critical supply chain for food, coal, petroleum and more. Ben Tracy has more.
Mississippi River water levels drop
The U.S. Army Corps of Engineers is constructing a 1,500-foot-wide underwater levee in the Mississippi River to prevent saltwater from threatening drinking water. Officials say record low water levels and flow rates are allowing saltwater from the Gulf of Mexico to push upriver. Cameron McWhirter, a reporter for The Wall Street Journal who has covered the issue, joined CBS News to discuss what's behind it and how it impacts the U.S. economy.
Potential railroad strike threatens U.S. economy
Contract negotiations between railroad workers' unions and railways remain stalled. The Biden administration is now actively trying to avert a potential strike that could have a major impact on the economy, supply chains and travel. Wall Street Journal reporter Esther Fung joined CBS News' John Dickerson to discuss the latest.
11/10: Red and Blue
President Biden's agenda polls higher than he does; New Zealand Prime Minister Ardern's toddler crashes livestream
11/22: Red and Blue
President and first lady celebrate early Thanksgiving; Americans can see highest gas prices in years
Ford CEO on the future of electric cars
Ford president and CEO Jim Farley joins CBS News to discuss the future of electric vehicles and the importance of his company investing in them. He also speaks about how the tentative agreement with railway workers should prevent a costly strike that would have impacted the nation's supply chain.
Inflation threatening American farmers
The tentative agreement between railway companies and its workers is welcome news to farmers who depend on trains to transport their goods. But it's not the only issue in America threatening farmers. Mark McHargue, president of the Nebraska Farm Bureau, joined CBS News to discuss the impact inflation has had on farms across the country.
Rail workers may begin strike on Friday
Gas prices are finally falling, but other expenses like food and rent are still up year over year. Meanwhile, tens of thousands of rail workers could go on strike starting Friday as they battle railroads for fair medical-leave policies which would hurt the supply chain and could drive up prices even more. Ed O'Keefe reports from the White House.
Formula shortage still hitting families
There are encouraging signs that the nation's baby formula shortage may finally be winding down. But many parents are still struggling to feed their children. Meg Oliver reports.
Supply chain disruptions loom, experts say
Just as retailers are starting to gear up for the holiday season, there are warnings of a possible nationwide shipping log jam. A shortage of rail workers is causing cargo to pile up once again in America's ports. Carter Evans reports from the port of Los Angeles, a key link in the U.S. supply chain.
Drivers find relief at gas pump as prices drop
Americans are finally seeing relief at the pump. The average price of gas has fallen for more than 50 straight days, and the national average is on the verge of falling below $4 per gallon. Errol Barnett takes a look.
MoneyWatch: Concerns about global food supply
Ukraine is the world's leading producer and exporter of corn, and according to the USDA, Russia and Ukraine combine for more than a quarter of the world's wheat exports. With planting season around the corner, there's a growing concern about additional disruptions to the global food supply. Patrick Thomas, a reporter for the Wall Street Journal covering agriculture business, joined CBS News to discuss.
MoneyWatch: Markets and inflation
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
MoneyWatch: Small businesses on the brink
In MoneyWatch, a new survey conducted by Goldman Sachs 10,000 Small Businesses Voices initiative reveals that 79% of small business owners are concerned about the ongoing pandemic while 13% say they have been forced to temporarily close or scale back operations during the pandemic. Joe Wall, national director for Goldman Sachs 10,000 Small Businesses Voices, joins CBS News to discuss.
Effectiveness of sanctions against Russia
The U.S. Justice Department is making sanctions evasion and export-control a priority in the wake of Russia's invasion of Ukraine. Justine Walker, head of Global Sanctions and Risk at ACAMS, joins CBS News anchors Michelle Miller and Mola Lenghi to discuss the impact on businesses trying to comply with U.S. laws.
MoneyWatch: China's growing billionaires club
The Dow Jones closed down by nearly 1.5% Wednesday as oil prices climbed during the day, while China's stock markets are slowly recovering after tanking earlier this month. Axios business reporter Hope King joins CBS News to discuss today's market drivers and how China is still producing the world's most billionaires despite its nationwide COVID lockdowns and economic struggles.
Baby formula shortage intensifies in the U.S.
Parents across the country are scrambling to find baby formula, as one recent report shows 43% of the top-selling products are out of stock. Peter Pitts, president and co-founder of the Center for Medicine in the Public Interest and former associate commissioner of the Food and Drug Administration, joins CBS News' Anne-Marie Green and Vladimir Duthiers to discuss the latest on the shortage.
Baby formula shortage impacting families
CBS News' Elise Preston reports on the baby formula shortages affecting families nationwide, and then Brian Dittmeier, senior director of public policy at the National Women, Infants and Children Association, joins "Red and Blue" to discuss the impact.
Los Angeles port sounds alarm over cargo backlog
Ships packed with holiday gifts are starting to flood America's ports, including in Los Angeles. But 35,000 containers are clogging the docks, waiting for trains to transport cargo across the country. Carter Evans takes a look.
Hershey warns of Halloween candy shortage
Hershey, one of the world's largest chocolate makers, is warning of a shortage of Reese's Peanut Butter Cups, Kit Kat and other sweets this Halloween. Hershey said it won't be able to fully meet consumer demand.
Retailers overstocked as supply chain backlog eases
Many of the cargo ships stuck at sea during the supply chain crisis have now offloaded merchandise, which is crowding store shelves. That could be good news for shoppers. Carter Evans explains.
Overstocked stores give big discounts as supply chain backlog eases
Even bigger sales could be on the way after Labor Day.
Fire fears, supply chain woes cancel fireworks
Fourth of July fireworks in several U.S. cities were canceled amid wildfire concerns, staffing shortages and supply chain issues. Carter Evans takes a look.
Alcohol industry affected by inflation
Amidst supply chain disruptions, the cost of alcohol has remained steady but there are new warnings of inflation in the industry. Scott MacFarlane reports.
Jane Doe's account of what happened at Cornell fraternity house
More details emerge about FlyDubai co-pilot who tried to crash plane
Judge blocks Trump's firing of top federal prosecutor in Seattle
Christa Pike's attorneys: Botched execution was "torturous" and "predictable"
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