CBS Evening News - 2011-05-21

Name: CBS Evening News - 2011-05-21
Uploaded: 2025-07-28
Duration: 1235 s
Channel: malgent
Description: Read a transcript preview of “CBS Evening News - 2011-05-21” from malgent, uploaded on 2025-07-28.

Channel: malgent

Uploaded: 2025-07-28

Duration: PT1235S

Read a transcript preview of “CBS Evening News - 2011-05-21” from malgent, uploaded on 2025-07-28.

Transcript preview

Language: English (original, YouTube automatic captions)

[0:00] Tonight,

[0:01] forced to spend more on gas and food,

[0:04] consumers are tightening their wallets

[0:06] and what may signal trouble for the

[0:07] economic recovery. I'm Russ Mitchell.

[0:10] Also tonight, stopping the bullies. How

[0:12] one school system is spreading the word

[0:14] to kids that bullying is not cool.

[0:17] Savoring success. A celebrated chef

[0:20] opens his second restaurant to raves

[0:22] after beating a cancer that threatened

[0:24] to take away his sense of taste. And

[0:27] what happened to Doomsday? The hour of

[0:29] reckoning has come and gone across most

[0:31] of the world with no sign of the

[0:34] apocalypse.

[0:39] >> This is the CBS Evening News with Russ

[0:43] Mitchell.

[0:44] >> And good evening. We begin tonight with

[0:46] news of two economies. Retailers are

[0:48] carefully watching their receipts this

[0:50] weekend amid signs that sluggish

[0:52] consumer spending may be hurting the

[0:53] recovery. The uncertain outlook has

[0:55] helped push stocks down nearly 300

[0:58] points in three weeks. But with gasoline

[1:00] still close to $4 per gallon and food

[1:03] prices also high, some merchants are

[1:05] doing very well. Seth Don has the good

[1:07] news, bad news story.

[1:14] For the 10th month in a row, consumers

[1:16] are opening their wallets. How's

[1:18] business?

[1:19] >> Business is actually great. At the

[1:20] Fairway grocery store in Manhattan,

[1:23] manager Rick Garcia says shoppers are

[1:25] back and spending more.

[1:27] >> This is actually the business to be in.

[1:29] >> The business to be in the grocery

[1:31] stores.

[1:31] >> The grocery store.

[1:32] >> Why?

[1:33] >> Because everybody has to eat.

[1:35] >> But with food prices up as much as 6 to

[1:38] 7% nationwide, shoppers like Jane

[1:40] Ashelar say they