economy. tonight, the bipartisan bill is awaiting president biden s signature. the legislation will raise wages, but the agreement stopped short of giving employees seven days of paid sick leave. the mood comes amid some good economic news. today, the commerce department reporting a key inflation rate slowed more than expected, and gas prices keep on falling. a tank of gas is at its lowest since february, with americans paying on average $3.47 a gallon. and gusbuddy is predicting prices could dip below $3 by christmas. what a gift that would be. cbs scott macfarlane is here with all the latest details. good evening, scott. reporter: good evening, norah. this is an economic crisis avoided in the 11th hour. congress averted the strike late today, but not everyone is pleased congress intervened at all, or with the end result. one week and one day before the deadline, congress warded off a gut punch to the u.s. economy. president biden s clear call too us to ensure we don t derail
a story in five words, slighting prices for polite customers print trials, a café in uk is rewarding customers fo being polite when ordering thei drink and learn the price of items rated sometimes it will save as much as $3.47. does this make sense to you? no, i give 25 percent tips t my brace too. we have great relationship. i give big tips. can get you to big because you re coming back great. love this, this is great. you should get a reward for goo behavior. being polite to people. we should raise the for bad behavior brickey that would be amazing if they did that. kat, you would never have a
let things play out and be very alert for the possibility of violence and that s what would actually trigger a much more serious response from law enforcement. reporter: and it s not joust auto-makers feeling the impact, the white house tonight se acknowledging significant disruptions are felt by a number of businesses and industries, norah. o donnell: kris van cleave, thank you. let s turn now to the u.s. economy. have you notice everything is costing more and your paycheck isn t going as far as it used to? new numbers released today show that s exactly what s happening because to have the highest inflation in four decades. we get more from cbs s nancy cordes. inflation is up. it s up. reporter: president biden didn t sugar coat it today after consumer prices rose even faster than predicted, the surge driven in part by a 40% hike year over year in gas prices. the national average for a gallon of gals hit $3.47, not
bill: so you know that the rise in gas prices showing no sign of slowing down. the average price for a gallon of gasoline hit $3.47 in january, up 17 cents from one month ago. we shall watch it. dana: if you think money laundering only involves hard cash think again. the feds seizing 3.6 billion dollars in stolen bitcoin. we have fox business s kelly o grady to explain it to me and our viewers. this is the biggest cryptoseizure ever for the justice department. the married new york couple were arrested for a they are charged with conspiring to launder billions of dollars worth of the stolen bitcoin. at the time of the hack the
no kidding. zelenskyy expressed thanks for the u.s. ban on russian oil and gas and encouraged other world leaders to follow suit. with gas prices jumping 8 cents overnight unclear if any other countries will join especially after the president noted that european countries in particular are even less energy independent than the u.s. is and might not be in a position to follow suit. overnight gas prices jumped to 4.25 a gallon just a week ago the average was 3.66. a month ago it was 3.47 and a year ago it was 2.80 for a gallon of regular and the president indicated it is going to get worse he believes there is nothing he can do about it. the president s critics are