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New report on inflation rates could bring more action from the Federal Reserve

Just last month, price increases hit a 40-year high and a new report shows it's gearing up to kick into high gear again. CBS 2's Joe Donlon breaks down the bottom line.

Oct 13, 2022 (02:19)

Grandstand: Bridgeport’s family-owned home for White Sox fans

Grandstand: Bridgeport’s family-owned home for White Sox fans

Chicago Hauntings: A shocking visitation on All Souls' Day at St. Rita of Cascia Church

Chicago Hauntings: A shocking visitation on All Souls' Day at St. Rita of Cascia Church

Full interview with Mike Noack, candidate for Illinois 2nd Congressional District

Full interview with Mike Noack, candidate for Illinois 2nd Congressional District

Full interview with Donna Miller, candidate for Illinois 2nd Congressional District

Full interview with Donna Miller, candidate for Illinois 2nd Congressional District

Another warm stretch in Chicago

Another warm stretch in Chicago

Emergency meeting called after string of business burglaries on South Side

Emergency meeting called after string of business burglaries on South Side

Trump signs executive order aimed at lowering diesel fuel prices

Trump signs executive order aimed at lowering diesel fuel prices

State Farm raising insurance rates for Illinois homeowners by 8%

State Farm raising insurance rates for Illinois homeowners by 8%

Chicago police search for man who punched woman on CTA platform

Chicago police search for man who punched woman on CTA platform

2 suspects charged in September shooting of 15-year-old boy in West Garfield Park

2 suspects charged in September shooting of 15-year-old boy in West Garfield Park

Tickets sold out as White Sox have chance to sweep ALDS

Tickets sold out as White Sox have chance to sweep ALDS

Checking out the Chicago Brand Museum

White Sox have chance to sweep Guardians Wednesday at Rate Field

White Sox have chance to sweep Guardians Wednesday at Rate Field

President Trump suggests Iran strike U.S. cities in speech amid economic criticism

President Trump suggests Iran strike U.S. cities in speech amid economic criticism

Cook County announces $8 million to clear debris from severe summer storms

Cook County announces $8 million to clear debris from severe summer storms

Family of Nolan Wells renews calls for federal investigation into his death

Family of Nolan Wells renews calls for federal investigation into his death

Students, professors protest for change after alleged rape at Cornell University

Students, professors protest for change after alleged rape at Cornell University

Chicago improves rankings in list of most rodent-infested cities

Chicago improves rankings in list of most rodent-infested cities

Burglars target 5 businesses on same block in Greater Grand Crossing

Burglars target 5 businesses on same block in Greater Grand Crossing

Warm stretch continues Tuesday in Chicago

Warm stretch continues Tuesday in Chicago

PAWS Chicago selling cheese grater hats for dogs ahead of Bears-Packers game

PAWS Chicago selling cheese grater hats for dogs ahead of Bears-Packers game

AI boom costing employment for college grads, study finds

AI boom costing employment for college grads, study finds

2 suburban officers accused of misusing Flock cameras

2 suburban officers accused of misusing Flock cameras

Scientist dies after being exposed to plague in Russia

Scientist dies after being exposed to plague in Russia

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