Report Underscores News Today

Im charles payne in for neil cavuto. susan li has more on whats driving the inflation surge. susan? >> charles, thats right, get used to the higher prices. theyll be here for a while. youre paying the highest price jump in 40 years in december. consumer prices as you mentioned rising 7% last month. that is the highest year over year increase since the summer of 1982. prices rising almost twice as much as wages were last month. so theres still sticker shock at the stores. food prices were up 6%. ...

Dynamism. potentially with better wages and benefits and a lot more opportunity to do that in this economy. the other thing were seeing is 30% increase in applications to start new small businesses. were seeing extraordinary small business creation. some of those people are quitting their jobs to take on a new innovation, a new idea. so the number of quits needs to be seen in the overall number of people getting employed. as this report underscores, the overall number of people employed in this ...