July reports show signs efforts to reign in inflation are working
However, people are still paying 13% more for groceries.
Inflation
Here's what is getting more expensive at the grocery store
Over the last 12 months, grocery prices soared 13.1%, the largest annual increase since March 1979.
Woman creates Instagram account to help local parents find cheap entertainment for kids
This mom is on a mission to help parents keep their kids entertained. WBZ-TV's Mike Sullivan reports.
Study: Massachusetts inflation rate outpacing rest of country
A new study says the rate of inflation in Massachusetts is outpacing the country in several key categories including gas, used vehicles and electricity.
What the Fed's latest interest-rate hike means for your money
"Extraordinary" rate hike comes on the heels of another sharp increase in June. That means debt is about to get more expensive.
Walmart cutting prices on clothing and other items
Inflation has prompted Walmart to cut prices on some products.
Keller @ Large: Why is inflation skyrocketing and what will happen next?
WBZ-TV's Jon Keller explains what's happening.
Inflation hits 40-year high
Gasoline was one of the leading causes of inflation.
Inflation hits 40-year high
WBZ-TV's Brandon Truitt reports.
US inflation reaches new 40-year high
New government data shows consumer prices are up 9.1% from a year earlier.
'Economic relief rebates' proposed by Massachusetts lawmakers
WBZ-TV's Katrina Kincade reports.
Boston College economist explains why the Fed increased interest rates
WBZ-TV's Anna Meiler speaks with Boston College economist Brian Bethune.
What do higher interest rates mean to the average American?
Face the Nation with Margaret Brennan will air on WBZ-TV Sunday, June 19, at 10 a.m.
Fed hikes key interest rate 0.75 percentage points as it battles inflation
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Consumer price growth slowed in April
The yearly rate of U.S. inflation fell to 8.3% in April, compared to a historic 8.5% in March, marking the first decline since August. WBZ-TV's Zinnia Maldonado reports.
Boston University President Cites Inflation Concerns Ahead Of Largest Tuition Increase In 14 Years
Boston University's president says inflation is his "greatest immediate concern" ahead of the school's largest tuition increase in over a decade.
Amazon To Start Charging Sellers 5% Fuel, Inflation Surcharge
Amazon said Wednesday that for the first time in company history it will charge sellers a 5% fuel and inflation surcharge.
'Definitely Cutting Back A Lot': Inflation Has Consumer Prices Up 8.5% In March
Consumers are dealing with higher prices, first at the gas pump and now at the supermarket.
Economists Say Fed Interest Rate Hike Is Right Move For Inflation
The goal is to curb spending and start to slow the economy, which has seen the highest inflation in 40 years.
'Unprecedented Times': Inflation Reaches New 40-Year High
Thursday's inflation report showed record breaking numbers that hardly surprised consumers who have been feeling the brunt of increasing costs for months.
Surging Gas, Food Costs Drive Sharpest Consumer Inflation Spike Since 1982
According to a Moody's report, inflation is already costing the average American family more than $200 extra a month.
Keller @ Large: How Long Will Inflation, Supply Chain Issues Linger?
The rising cost over everyday items is on the mind of many Americans. So how long will these inflation concerns last?
Inflation Reaches Highest Rate In Nearly 40 Years
A government report released Friday shows that consumer prices jumped 6.8% over the last year, the highest rate reported since 1982.
Food Prices At The Grocery Store See Largest Increase Since 2008 As Inflation Surges
Food prices in restaurants also saw the biggest rise in the past year since 1982.
US Consumer Prices Surging More Than They Have In 30 Years
There's no end in sight for higher prices.
Latest News From CBS Boston
Search resumes on Martha's Vineyard for missing Jaws bridge jumper
The missing man's brother also jumped off the bridge and was found dead Monday.
Massachusetts the best state to live in, according to new report
Massachusetts ranked first overall with high scores for the economy, education and health, quality of life and safety.
Orange Line shutdown to have regional impact for drivers, bikers, walkers
Gov. Baker says the Orange Line shutdown starting Friday will affect not just subway riders but everyone in the Boston area.
Capri Sun recall: Thousands of juice pouches may contain cleaning solution
The company said it's recalling about 5,760 cases of Capri Sun Wild Cherry flavored juice blend.
SoulCycle plans to close 25% of studios
The closures could include spots in the Boston area.
North Shore food pantry sees big jump in families needing help
Before the pandemic, Citizens Inn in Peabody served about 450 homes monthly. That's now up to 1,100 a month.
Stabbings at Shannon Beach sparked by car door hitting truck, police say
Multiple people were stabbed, and five were arrested.
Airplane part falls from sky, nearly hits man in Maine
It's believed the piece came from a large passenger jet.
Guiding Eyes for the Blind treated to WBZ's Ice Cream Social surprise
A group that spends months training guide dogs was treated to of Erikson's Ice Cream in Maynard.
Latest News From CBS Boston
More Latest News From CBS Boston
Search resumes on Martha's Vineyard for missing Jaws bridge jumper
The missing man's brother also jumped off the bridge and was found dead Monday.
Massachusetts the best state to live in, according to new report
Massachusetts ranked first overall with high scores for the economy, education and health, quality of life and safety.
Orange Line shutdown to have regional impact for drivers, bikers, walkers
Gov. Baker says the Orange Line shutdown starting Friday will affect not just subway riders but everyone in the Boston area.
Capri Sun recall: Thousands of juice pouches may contain cleaning solution
The company said it's recalling about 5,760 cases of Capri Sun Wild Cherry flavored juice blend.
SoulCycle plans to close 25% of studios
The closures could include spots in the Boston area.
Health
More Health
Viral TikTok spreading misinformation about tampon ingredients
A TikTok video is spreading misinformation about an ingredient used in some tampons and it is causing real alarm among some viewers.
Is making your own baby food safer?
A new report finds homemade baby food contains just as many heavy metals as store-bought preparations.
CDC ends recommendations for social distancing, quarantine for COVID-19
The US Centers for Disease Control and Prevention says the nation should move away from restrictive measures such as quarantines and social distancing and focus on reducing severe disease from COVID-19.
Human brain not "designed" to stay awake past midnight, study says
Researchers analyzed numerous studies to find out what happens to the human brain if it stays awake past midnight.
What are "growing pains" for kids? Researchers are still unsure
Researchers are having a hard time determining exactly what they are.
I-Team
More I-Team
I-Team: Plan to clean air around Millis cement plant gives neighbors hope
Under new pressure from state environmental officials, a concrete plant in Millis has a plan to clear the air.
I-Team: Expert says MBTA "very close" to federal takeover
A rail safety expert told WBZ-TV a federal takeover of the MBTA could be right around the corner.
I-Team: Transportation expert blames management for Orange Line shutdown
The I-Team talked to experts who say the T should have been doing maintenance all along.
I-Team: Driver in I-495 standoff linked to stolen police uniforms
Investigators believe some of his uniform and equipment was stolen from a police supply store.
I-Team: Former head of Massachusetts Veterans' Services back on state payroll
Francisco Urena, who resigned in the wake of deaths at the Holyoke Soldiers' Home, is back on the state payroll.
Keller @ Large
More Keller @ Large
Keller @ Large: Ads blaming Dems for inflation are only half-truths
With midterms approaching, inflation is politically toxic.
Keller: In race to replace Maura Healey, it may come down to ads
Three Democratic candidates are all trying to lay claim to the Healey brand.
Keller @ Large: The Trump of 2016 returns to Washington
Trump returned to the 2016 candidate with red-meat rhetoric on issues like crime, immigration and the 2nd Amendment.
Keller: The struggles of gay politicians in Washington, D.C.
Dover native James Kirchick recently published the book "Secret City: The History of Gay Washington," which looks at the struggles of gay people active in politics and the government.
Keller: How Supreme Court decisions could impact Massachusetts
The United States Supreme Court released decisions in recent weeks that have made national headlines. So what impact do rulings on topics such as guns and abortion have in Massachusetts?
Business News
More Business News
SoulCycle plans to close 25% of studios
The closures could include spots in the Boston area.
Amazon to buy Roomba-inventor iRobot for $1.7 billion
The Bedford company was founded in 1990.
Wayfair struggling to keep shoppers gained at start of pandemic
Inflation has tapped out many shoppers who are slowing their spending on furniture.
These stores are lowering prices to attract inflation-weary shoppers
A glimmer of relief is emerging at the checkout aisle: the return of discounts.
Trader Joe's workers approve union drive in Hadley
It's the first Trader Joe's in the country with an employees union.
New England Living
More New England Living
Health food for pets at Loyal Biscuit of Maine
Loyal Biscuit is known throughout Maine as the go-to health food store for pets.
Visiting the Owls Head Transportation Museum
Owls Head Transportation Museum is one of Midcoast Maine's top tourist spots.
Sailing the coast with Maine Windjammer
Cruising on this fleet of sailboats promises spectacular scenery, great food, and pure adventure.
Luxury boutique hotels in Midcoast Maine
The Bay View Collection offers a fully integrated Midcoast Maine vacation.
Custom knives crafted in Cambridge
MKS custom knives are used by professional chefs and cooking enthusiasts all over the world.
Sports
More Sports
Joejuan Williams out for season with shoulder injury
Joejuan Williams' time in New England is likely coming to an end.
NBA schedule: Celtics tip off season vs. 76ers; face Warriors early
The 2022-23 NBA season will reportedly tip off in Boston.
Pats see joint practices with Panthers as their first "big test"
It's finally time for the Patriots to hit someone other than their teammates on the practice field.
Enrique Hernandez could rejoin Red Sox this week
More reinforcements are expected to arrive for the Red Sox this week.
Arlington's Noel Buck impressive in his Revolution debut
Saturday night was a dream come true for 17-year-old Noel Buck, with the Arlington native making his New England Revolution debut in front of family and friends at Gillette Stadium.
Offbeat
More Offbeat
Bear activity closes another New Hampshire campground
Another campground in New Hampshire's White Mountains is being shut down because of bears.
PHOTOS: Zoo jaguar keeps cool with frozen meat treat
Workers at the Stone Zoo had to get creative to cool off Seymour the jaguar.
Model rocket accident sparks fire at Topsfield athletic field
A family using model rockets accidentally sparked a two-acre fire in Topsfield.
Video shows hammerhead shark feeding right off Nantucket beach
It was a surprising sight for beachgoers on Nantucket.
WATCH: Dust devil tears up tent on Bourne softball field
A dust devil sent players on a Bourne softball field running for cover on Sunday. Here's how they form.