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Inflation Rate Slowed Sharply In 2012; Prices Were Flat In December

Consumer prices rose just 1.7 percent in 2012, the Bureau of Labor Statistics reports. That's about half the pace of 2011 — when prices went up 3 percent.

In December, BLS says, prices were unchanged.

One major reason inflation slowed last year: Gas prices went up just 1.7 percent, after gains of 13.8 percent in 2010 and 9.9 percent in 2011. Also, food costs rose 1.8 percent. BLS says that was "a deceleration" from the 4.7 percent increase in 2011.

As Reuters writes, the news that inflation remains in check "should help give the Federal Reserve room to prop up the economy by staying on its ultra-easy monetary policy path." In other words, there's no reason to think the Fed will need to start pushing up short-term interest rates anytime soon.

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In 'Fire At Sea,' Glimpse The Migrant Crisis From The Heart Of Mediterranean

Filmmaker Gianfranco Rosi talks about his documentary Fire at Sea. The film tells the story of the ongoing migrant crisis as experienced by residents of Lampedusa, an island off the coast of Sicily.

A History Of Election Cake And Why Bakers Want To #MakeAmericaCakeAgain

Bakers Susannah Gebhart and Maia Surdam are reviving election cake: a boozy, dense fruitcake that was a way for women to participate in the democratic process before they had the right to vote.

So, Which Is It: Bigly Or Big-League? Linguists Take On A Common Trumpism

If you've followed the 2016 presidential election, you've probably heard Donald Trump say it: "bigly." Or is that "big-league"? We asked linguists settle the score — and offer a little context, too.

The Next Generation Of Local, Low-Power FM Stations Expands In Urban Areas

The next wave of low power FM stations is coming on the air. Initially restricted to rural areas because of interference concerns, nearly 2,000 new stations have been approved — many in urban areas.

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