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44 past the hour. this morning the labor department announced the weekly number of americans applying for unemployment rose to 244,000. that's an increase of 9,000 from just last week. that's on top of another rough inflation report today showing wholesale prices rose near record 11.3% from last june. this comes after the announcement that the price of consumer goods increased by more than 9% over the year. joining us now, msnbc's lindsey riser at the largest food bank in new jersey and victoria soto, dean of clinton public school at university of arkansas and msnbc analyst. lindsey, what are ...

Jessica schneider, thank you so much. poppy. this just in another key measure out, it is tough. pr prices surging. and measures the prices paid to producers of goods and services, up 11.3% from a year ago. this after the consumer index what you and all of us pay at the pump, that hitting a 40-month high. our business reporter rahel solomon is here with the report. >> yeah, the reason why the report is so important, et cetera especially in this environment, the theory what is in this report given what we'll see in consumer prices a few months down the line. when we look at some of the factors...

>> scott, it's incredible to have you in vinnitsya for us to walk us around and show us the breadth of the devastation. it's incredible, looking at that scene, that anybody survived. >> to wait under that hood of the atm and that was enough. it is miraculous that that man survived at all with just a cut, as scott reported. >> skcott mclean, thank you ver much for being there. back here in the u.s., yet another sign that prices are still soaring. the producer price index jumped from 11.3% in june -- this is compared to last year. that's higher than economists predicted. stocks are down after ...

>> john: at least in the interim gasoline prices are headed the right direction. >> sandra: enjoy it while it last. economic front, does not look good for the white house. new data shows wholesale prices accelerating beyond expectations in june. the prices measure inflation at the wholesale level before it reaches the consumer. 11.3% up from the previous year. rich is live in washington. what is driving the high wholesale prices that eventually make their way to all of us? >> rich: it's energy, sandra. nearly 90% of the annual increase in june is from inflation in oil, natural gas and other ty...

Anymore. i am not making ends meet. i'm spending my savings. i get paid tomorrow and already my whole paycheck is spoken for. >> reporter: it's a perfect storm, rising gas prices for her 60 mile round trip commute, the cost to feed her kids as she applies for food stamps and her rent up from $1,200 a month to $1,500 which forced her to get a roommate. >> i started out a year ago with a good amount in savings because i was going to buy a home, i had $9,000 saved up and it's something i have never been able to accomplish before and then i just couldn't afford to buy a house and that money i have...