CPI report shows the inflation rate rose at a 2.7% pace in November
Economists had expected CPI to rise at an annual rate of 3% last month.
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Economists had expected CPI to rise at an annual rate of 3% last month.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics.
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Americans express concern about their ability to pay bills and save money.
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
For the first time in the U.S., credit card debt has surpassed $1 trillion.
In some areas inflation has fallen below 2%, while in other regions prices are still spiraling upward. Why?
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
The next system approaches with an atmospheric river sending some leftover moisture into Colorado.
Jeanette Vizguerra, the immigration activist who's been living in Colorado since 1997, spoke to supporters on Dec. 23 after her release from the GEO Group immigration detention center in Aurora.
Christmas in Colorado usually means snow boots and winter coats. In 2025, it looked more like spring.
Willie Joe Gonzales was sentenced to life in prison in Colorado after he was convicted of murdering a two-year-old girl. But now, 22 years later, a new scientific understanding of the case has led to his exoneration and release.
The Denver Broncos have a good chance to become AFC West division champions for the first time since 2015, and it could happen as soon as Saturday evening.
The next system approaches with an atmospheric river sending some leftover moisture into Colorado.
Christmas in Colorado usually means snow boots and winter coats. In 2025, it looked more like spring.
Willie Joe Gonzales was sentenced to life in prison in Colorado after he was convicted of murdering a two-year-old girl. But now, 22 years later, a new scientific understanding of the case has led to his exoneration and release.
Beginning in 2026, the Aurora Service Center for Adams County Human Services will no longer be in operation.
The Food Bank of the Rockies' transition to a new facility in Aurora has paved the way for a unique opportunity for Denver Public Schools, which had previously recognized the need for a central warehouse to store food for school meals.
Joe Ruch is tracking a blast of winter this weekend.
Denver residents have a great way to clean up for the holidays and get ready for spring through the city's Treecycle Program.
A boy named Gregory Buels was shot and killed on Dec. 21. Officers found him lying in a driveway.
A new report compiled by the University of Colorado's Colorado River Research Group warns that threats to the river's water supply are now so severe that they pose a significant risk to the water supply in seven Western states and tribal areas, potentially impacting the economy and governance.
The union says on social media it has been doing everything it can to avoid a strike. The owner of the ski resort says the ski patrol rejected their last, best, final offer.
The Denver Broncos have a good chance to become AFC West division champions for the first time since 2015, and it could happen as soon as Saturday evening.
With record heat in Denver on Dec. 25, runners, bikers, families, and pets all filled Wash Park to take advantage of the rare forecast.
The Denver Broncos defeated the Kansas City Chiefs 20-13 at Arrowhead Stadium in Kansas City Thursday night.
An 11-year-old Denver Broncos fan is heading for a Christmas he will never forget.
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
The band announced Perry Bamonte's death on their official website on Friday.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
A Colorado family is connecting their community and raising awareness about clubfoot, a birth defect where a baby's foot is turned inward and down, after their son was born with the condition.
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
From financial strain to feelings of loneliness and grief, mental health struggles often spike this time of year.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Northern Colorado company Living Ink Technologies is helping major brands around the world produce more eco-friendly packaging and products.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Telluride, one of the best-known ski resorts in the Western U.S., plans to close in the coming days due to a labor dispute between its owner and the ski patrol union.
Six women who say they were drugged and raped by former cardiologist Stephen Matthews plan to file a civil lawsuit against Matthews and the Hinge dating app, which they say allowed Matthews to remain on the app even after women had told Hinge that Matthews was a rapist.
In Denver 10 months ago, a man named Ben Varga had just gotten dropped off at Washington Park to meet friends for a picnic. Not far away, two men were on a bench arguing.
In late 2024, Chrisanne Grimaldi was facing a common problem; she was drowning in medical debt totaling $80,000 and needed cash to pay down her debt.
A man allegedly attacked and injured a defense lawyer at Arapahoe County's courthouse, CBS Colorado has learned.
An internal report obtained by CBS Colorado raises several concerns about how Colorado's helitak program is being run.