Meat Distributor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the -- you know what it feels like when you buy things. consumer prices are up substantially. fastest pace we've seen since 1981 back in reagan years. >> you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages aren't rising at the pace of inflation. you look at a pay cut of 3.6%. >> if you crunch the numbers inflation is costing the average american household $500 a month. setting on fire ...

See. >> reporter: and there is some good news at the grocery store. when you look at these inflation numbers from month to month, they show that food prices are already beginning to stabilize, and as more people begin to go out and eat at restaurants again, economists predict some food prices could even come down. norah. >> o'donnell: well, that is some good news. carter evans, thank you. and we want to turn now to the issue of cyber attacks and the stunning news that the giant meat producer j.b.s. paid $11 million in ransom to get its plants back online. a cybersecurity company says there wer...

Man. thanks. to susan crabtree politics and real clear politics. there's the hacking of a meat distributor to colonial pipeline that given the frequency and the severity of these attacks and knowing that they came from russia and likely not without some knowledge of vladimir putin, that vladimir putin shouldn't be rewarded with a one-on-one meeting. it will come to pass and the president's backer says i want to see him eye to eye. i want to talk to him about this stuff. how do you think it goes? >> well, i think you have the ambassador to russia, a meeting -- before this meeting with putin and...

They uncovered to track those funds to an online digital wallet operated by the cybergang. and then obtained the wallet's private key-enabling agents to seize the funds. >> we turned the tables on darkside. >> reporter: lisa monaco is the deputy attorney general. >> the department of justice has found and recaptured the majority of the ransom colonial paid. >> reporter: experts say they are fighting an uphill battle against cybercriminals which f.b.i. director christopher ray compared on friday to the 9/11 terror attacks. the bureau is now investigating 100 types of ransomware including one la...

You. f.b.i. director christopher wray is comparing the threat from r attato 9/11 ansayssi one group of hackers is getting more brazen by the day. here's cbs' jeff pegues. >> reporter: tonight, the hackers linked to the ransomware attack on j.b.s. sending a bold message to u.s. law enforcement in russian, revil saying it chose the meat distributor for the revenue, and because the parent company is located in brazil, where the attack was directed, adding, >> the gloves are off. >> reporter: adam myers tracks cyber-attacks and the groups behind them. it also looks like that they like the attentio...