Rising costs come for Wisconsin's iconic fish fry
Wisconsin is famous for its Friday fish fry, and regulars are fiercely loyal to their preferred local restaurants. But inflation-driven food cost increases are impacting this beloved tradition.
Watch CBS News
Wisconsin is famous for its Friday fish fry, and regulars are fiercely loyal to their preferred local restaurants. But inflation-driven food cost increases are impacting this beloved tradition.
Wisconsin is famous for its Friday fish fry, and regulars are fiercely loyal to their preferred local restaurants. But inflation-driven food cost increases are impacting this beloved tradition.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
Here's what employees can expect for a raise in 2027 as companies move away from broad-based pay increases.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
President Trump is threatening a third straight day of U.S. strikes in Iran.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
The Personal Consumption Expenditures Price Index rose 0.4% in April to reach 3.8%, the highest rate in almost three years.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series of closures.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The Bureau of Labor Statistics released new numbers about the overall economy, showing modest inflation of .3% last month and 2.7% in the year. Streaming video services were a major outlier and saw an inflation of nearly 20% in the same period.
The suspect was last seen fleeing the scene riding a black Segway-brand electric scooter heading west on Vallette Street from York Street on Thursday.
Cubs blew out the Seattle Mariners 19-2 on Sunday to avoid a three-game sweep.
Thousands in Gary, Indiana, remain without power nearly two weeks after severe storms left damage and flooding.
Grayson, 32, was found guilty last October of second-degree murder for the shooting of Sonya Massey and was serving a 20-year sentence.
It was Peters' third walk-off hit of the season.
An expert blames Illinois lawmakers and "internecine political problems" for the failure to seal a deal for a new stadium within the state for the Chicago Bears.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
Federal prosecutors on Thursday told a judge they aren't yet ready to say whether they'll retry the lead defendants in the "ComEd Four" case who were convicted in 2023 of bribing former Illinois House Speaker Michael Madigan.
The Democratic National Committee is on the hunt for the best host city for the 2028 Democratic convention.
Contracted linemen from out of state sat idle in a Griffith church parking lot for hours without work orders from NIPSCO, as residents in Northwest Indiana approach two weeks without power.
A law firm has filed a class action lawsuit against NIPSCO, alleging the utility's failure to manage trees and vegetation has left thousands of Northwest Indiana residents without power for up to two weeks.
Dozens of cases of E. coli and salmonella in multiple states are linked to an alfalfa grower in Minnesota, health officials say.
A new Illinois law signed by Gov. Pritzker offers up to $1,000 to eligible homeowners hit by storm damage, but the money won't be available until next year — and the program only covers certain areas of Chicago.
Illinois is one of 46 states that have reached a $15.5 million settlement with a Pennsylvania-based mortgage servicer for improperly imposing new insurance policies on homeowners who already had insurance.
Dozens of cases of E. coli and salmonella in multiple states are linked to an alfalfa grower in Minnesota, health officials say.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Researchers from the University of Chicago have uncovered some information on how space travel affects — or actually doesn't affect — the heart.
As people age, it becomes crucial to do whatever possible to protect from issues like memory loss. But leading neurologist Dr. David Perlmutter said the process actually starts well before advanced age.
The Illinois Department of Public Health is not adopting new federal child vaccine guidelines and will continue following recommendations by the American Academy of Pediatrics.
An expert blames Illinois lawmakers and "internecine political problems" for the failure to seal a deal for a new stadium within the state for the Chicago Bears.
Real estate investment and development firm Concord Capital has acquired nine apartment buildings on Elaine Place, a single-block residential street in Chicago's East Lakeview community.
The Chicago Plan Commission voted Thursday to approve a plan to redevelop Ford City Mall into an industrial complex, despite objections from some neighbors.
A new Barnes & Noble bookstore opened in the heart of downtown Chicago on Wednesday, while separately, a building that used to house an old Barnes & Noble store in the Gold Coast was being demolished.
The Original Rainbow Cone celebrated its 100th anniversary on Sunday with a special event at its Beverly location.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Buddy Guy was honored with the Chicago Music Legend Award at the Obama Presidential Center's Chicago Culture Ball this weekend.
Bal Khabra is the author of the four-part series "Off the Ice," a college hockey romance collection that is wrapping up at just the right time.
Crews need about a week and a half to tear down the festival site before the city can begin its own inspection — and past cleanup costs have topped $1 million.
Dozens of local South Asian cultural organizations filled the streets with floats and music.
Community violence intervention leader Acclivus partnered with seven local barbershops and beauty salons to make it happen.
President Trump and First Lady Melania Trump attended the race, taking a lap of honor in "the beast," the presidential vehicle.
Preliminary investigation indicated that a 62-year-old man allegedly shot and killed a woman, whose age was not released, inside the shop.
On Sept. 1, 1992, a truck driver found a body that turned out to be that of the 21-year-old Zywicki on the side of Interstate 44 near Mount Vernon, Missouri. Zywicki had been brutally stabbed to death and had also been sexually assaulted.
Grayson, 32, was found guilty last October of second-degree murder for the shooting of Sonya Massey and was serving a 20-year sentence.
Illinois State Police and the FBI announced this weekend that they may have a new lead, though not a suspect, in the 1992 murder of college student Tammy Zywicki.
The suspect was last seen fleeing the scene riding a black Segway-brand electric scooter heading west on Vallette Street from York Street on Thursday.
Indiana Gov. Mike Braun announced Sunday that he has deployed the Indiana National Guard to clear the way for NIPSCO crews, with power outages dragging on in Northwest Indiana.
Two people are dead and one is injured after a shooting inside a store at a strip mall in Hebron on Saturday night.
She was counting down the days to the first day of 5th grade until her school district told her she didn't have a spot there. Now, a federal judge has ordered the district to put the 10-year-old girl with autism back in her neighborhood school.
Who you gonna call if someone locks you out of your own charity? That's the question members of a Ghostbusters-themed nonprofit say they're asking.
Residents of Ogleby Towers on Wednesday morning spoke out about the system that constantly changes their rent, which they say makes it hard to budget.
CEO of the Illinois Quantum and Microelectronics Park, Harley Johnson, gave CBS News Chicago an exclusive look inside the new park in South Chicago.
The Illinois Department of Financial and Professional Regulation last inspected South Chicago Chapel funeral home in October, 10 months before 56 decomposing bodies were found there.
Cubs blew out the Seattle Mariners 19-2 on Sunday to avoid a three-game sweep.
It was Peters' third walk-off hit of the season.
An expert blames Illinois lawmakers and "internecine political problems" for the failure to seal a deal for a new stadium within the state for the Chicago Bears.
Parts of DuSable Lake Shore Drive and Lower Wacker Drive in Chicago were closed Sunday morning because of the Supertri Chicago — the race formerly known as the Chicago Triathlon.
The New York Mets beat the AL Central-leading Chicago White Sox on Saturday night.
At least four people were killed, and 13 more were injured, in weekend shootings across Chicago as of Sunday, according to police.
Chicago police this weekend issued a warning about a string of armed robberies in the city's Bronzeville community.
Illinois State Police and the FBI announced this weekend that they may have a new lead, though not a suspect, in the 1992 murder of college student Tammy Zywicki.
Chicago police were investigating early Sunday after a man was slashed to death the night before in Washington Park.
A man was shot and killed Saturday night while sitting in a sport-utility vehicle in Chicago's Englewood neighborhood.