Economic data out today says wholesale prices dropped more than expected last month because of cheaper fuel. But it also suggests that inflation might be on the rise. So where's the economy headed? Jeff Tyler reports.

Soaring oil prices sent the U.S. trade deficit to a record of almost $70 billion in August. But the government says record imports of oil sank a healthy gain in U.S. exports. Scott Tong reports.

Another day, another record. But this time we're not talking about the Dow. The U.S. imported $70 billion more than we exported in August. Scott Tong looks at what's behind our sky-high trade deficit.

Yesterday there were mixed signals from OPEC about possible oil production cutbacks. So which way are prices headed? Brian Watt reports.

Lumber prices have been cut down to their lowest weekly level in nearly five years — a drop that's followed the slowdown in the U.S. housing market. Nancy Marshall Genzer reports.

Despite signs earlier this week that the housing market could be stabilizing, a new report out today finds the opposite. Janet Babin reports.

The Census Bureau's latest stats on housing costs are out today and in almost every state, people are spending a bigger chunk of their incomes on their homes. Hillary Wicai reports.

With the fourth quarter of 2006 underway, Lisa Napoli takes a look at where the economy is headed for the rest of the year.

The government released some worrisome economic data. August's core inflation, which excludes food and energy prices, posted the biggest year-over-year increase in more than a decade. And consumer spending was down. Janet Babin reports.

The government is considering new ways to calculate the Gross Domestic Product in order to include intangible assets such as research and development. Hillary Wicai explains.