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continuing concerns over inflation. how do those two square? we'll have much more on that in just a moment. plus happening right now, an investigation underway in arizona after the democratic candidate for governor katie hobbs said someone broke into her campaign headquarters. kyung lah is following this for us in phoenix. and more on the break-in. and police say there were some items taken. what more are we learning about this break-in and also what was taken from the office? >> reporter: well the campaign is still trying to sort exactly what was taken. they have to inventory everyt...

raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let's get to the new report and what it means and what is it doesn't. matt egan is here. and what does this good news say about what is next? >> well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends...

I think it plays out over and over again any opportunity that he has, and he isn't even connected to, charlottesville, like personally collected to, he doesn't do the right thing, he doesn't rise up. he says both sides. like we saw yesterday with the central park five, we have to understand these young boys who are now men, their lives were destroyed and the system did it to them. during that time i grew up in new york and i remember this very briefly because i was young myself, he took out an ad -- >> four. >> four ads had saying they should be essentially hung without them getting their due ...

Adding bartenders and fast food workers that tend to pay less, but hiring is picking up in warehouses, factories, office parks, hospitals, labs. the jobless rate is 5.8%. still the lowest, lowest in six years. wages grew slightly in november, but this has been a missing part of the recovery for several years now. even as demand grows for skilled and unskilled labor, wages have not risen. that makes workers feel the recovery less. the white house argues these numbers are edge couraging but that a higher minimal mum wage is still needed cushion those lowest paid workers. on balance this week tau...

Obama will do that now? i know you don't think he's been edge couraging. but now there seems to be political pressure on him and he seems to be talking the talk more at least in terms of granting permits. so is he being politically pressured in taking a position that's more palatable to people like you? >> you are starting to hear more of it, but i don't think he is. that speech two days ago told us he's not. he mentioned himself wednesday, there are 7 permits that he's approved since the bp spill 11 months ago. 7. on one of them is for new drilling. the other six were previously approved dril...