CPI rose at an annual rate of 2.4% in January, cooler than expected
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
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Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Economists had expected CPI to rise at an annual rate of 3% last month.
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.
If you've spent any time outdoors on Thursday in the Denver area, it might be hard to fathom that a snowstorm is on the way very soon.
The Colorado Avalanche Information Center is warning backcountry travelers to watch for weak spots in the snowpack as new snow moves into the mountains late Thursday.
A semi truck went off eastbound I-70 at mile marker 237 in Colorado on Thursday.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
Officers with the Pagosa Springs Police Department in Colorado arrested a triple homicide suspect wanted out of Utah after tracking him in one of his victims' vehicles.
If you've spent any time outdoors on Thursday in the Denver area, it might be hard to fathom that a snowstorm is on the way very soon.
The Colorado Avalanche Information Center is warning backcountry travelers to watch for weak spots in the snowpack as new snow moves into the mountains late Thursday.
A semi truck went off eastbound I-70 at mile marker 237 in Colorado on Thursday.
Officers with the Pagosa Springs Police Department in Colorado arrested a triple homicide suspect wanted out of Utah after tracking him in one of his victims' vehicles.
A student has been arrested and accused of bringing a gun to Arapahoe Ridge High School in Boulder.
It's been nearly 40 days since there's been anything but a trace of snow recorded in Denver, but it's forecasted that that streak will come to an end on Friday.
SWAT operation underway in Commerce City neighborhood near 67th and Olive.
Prescribed burn puts up smoke from Rocky Mountain Arsenal north of the Denver metro area.
Watch meteorologist Callie Zanandrie's forecast.
Early Thursday morning, fire crews in Westminster rushed to a burning apartment building.
The Colorado Avalanche have acquired defenseman Nick Blankenburg in a trade with the Nashville Predators, the hockey team announced.
NBA Hall of Famer Chauncey Billups and former player Damon Jones are among 31 people charged in the federal case. They have pleaded not guilty.
Holtz coached Notre Dame from 1986 to 1996, winning 100 games with the school, including a 12-0 national title-winning season in 1988.
Olympic City's newest celebrities are back home in Colorado with new hardware. Just weeks after competing at the Games, Ellie Kam and Danny O'Shea are already back on the ice and others at the rink are eager to see them.
The University of Colorado community is mourning the death of quarterback Dominiq Ponder, who was killed in a car crash. Monday was supposed to mark the start of spring football practice.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
The House passed a measure to fund the Department of Homeland Security on Thursday, but Senate Democrats blocked similar legislation.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The House passed a measure to fund the Department of Homeland Security on Thursday, but Senate Democrats blocked similar legislation.
Joe Trussel and Vanessa Diaz went before Colorado state lawmakers and recalled their darkest day -- the day their daughter Megan disappeared from her dorm at the University of Colorado Boulder.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Colorado Gov. Jared Polis said that he intends to review the clemency case for Tina Peters, the former Mesa County clerk who was convicted of multiple charges related to election interference in the 2020 presidential election.
State and local health officials declared a measles outbreak in Adams County on Wednesday after a third person connected to Broomfield High School contracted the illness.
After two unvaccinated students at Broomfield High School were reported to have measles, the Boulder Valley School District says out of 1,669 students, 26 are on their exclusion list and not allowed to attend class.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
The Colorado Department of Public Health and Environment and Adams County Health Department confirmed a new case of measles on Monday and are warning Broomfield and Westminster residents about possible exposure.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Oregon food manufacturer Ajinomoto expands an earlier recall of frozen and ready-to-eat products over glass contamination.
Google is accused in a wrongful death lawsuit filed by the family of a man who committed suicide in October, allegedly at the direction of the tech giant's AI chatbot, Gemini.
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
A CBS Colorado investigation has learned the City of Denver has spent $110,000 on a 14-month investigation of Denver Police Division Chief Magen Dodge, but is refusing to release the completed investigation, which was finalized three months ago.
A Colorado family is calling for change and sharing their struggle after a clinical trial their son relied on suddenly ended.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
A popular youth hockey coach in southern Colorado has been arrested for investigation of felony child abuse after colliding on the ice with one of his players in a case that one of the coach's supporters called a "terrifying precedent for youth sports across the country."
A Denver judge this week ordered an area pastor, Tilo Lopez, to pay a family $311,000 in restitution after Lopez was criminally prosecuted in connection with a construction project he said he would do for the family.