CNN US

Rapidly rising prices have caused economic hardship for millions of Americans. But drastic action to rein in prices could lead to even more pain, including job losses.

Last year was a tough one for American consumers. Prices for just about everything, from eggs to used cars to electricity, crept higher, and by the end of the year were up 7% from a year earlier.

Economists and investors have been closely watching climbing producer prices and wages for clues on where inflation is heading. They're rising, which could add to inflationary pressure in the coming months.

Apple will soon allow iPhone users to unlock, sign in and pay with their faces even if they're wearing a mask. But how well does it really work? CNN Business' Samantha Kelly puts it to the test.