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It's overshadowing a winning economy. how do you manage that? >> well, we start by looking at this month's data, and getting a little bit under the hood. what we saw was the 0.5% increase month over month was actually a deceleration, a welcome deceleration from october and november. and that was driven by a reduction in energy prices, principally gas prices, which is good news, wells a reduction in the rate of increase flood costs, particularly food at the grocery store. so that reflects some progress. at the same time, you're absolutely right. the price increases are too high and they are aff...

New research suggests an increase in US flood costs by 2050 due to climate change alone, disproportionately affecting Black communities, while remaining concentrated on the Atlantic and Gulf coasts.

the prime minister's home. demonstrators are demanding that he step down. fifa's president says he never meant to imply that racism isn't a problem in football. earlier seth blater said players who think they've been abused during a game should shake hands with their opponent and move on. blater released a statement saying he is committed to fighting racism. president obama and australian prime minister gallard discussed troops. he announced a deployment of 2,200 marines to australia. i'm zain verjee. world business today starts now. good morning. from cnn london, i'm nina del ...