Text Box: MIDLAND, Va. — The Labor Department's most recent inflation data showed that U.S. food prices rose by 4.2 percent for the 12 months ending in July, but a deeper look at the numbers reveals that the price of milk, eggs and other essentials in the American diet are actually rising by double digits.
Already stung by a two-year rise in gasoline prices, American consumers now face sharply higher prices for foods they can't do without. This little-known fact may go a long way to explaining why, despite healthy job statistics, Americans remain glum about the economy.


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Food prices on the rise

Worldwide news

LOS ANGELES – An earthquake east of downtown Los Angeles rippled across Southern California before dawn Tuesday, jolting millions of people awake and putting first-responders on alert.

There are no reports of damage, injuries or power outages linked to the temblor.

"All is calm in the city of Los Angeles," Los Angeles Fire Department Capt. Steve Ruda said.

Nearly an hour after the quake, the California Highway Patrol got reports of a buckled 10-foot stretch of concrete in a center lane of southbound Interstate 5 south of downtown in the Downey area.

CHP Officer Daniel Asleson said later the quake probably didn't cause the buckling. Damage was reported a day earlier in the lane, which is heavily used by big-rigs.

Los Angeles rattled by a 4.4 magnitude quake