Analysts warn oil prices could keep climbing as Iran war intensifies
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
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Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
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.
The new sculpture, Ethereal Bliss, is 23 feet high and 16 feet deep, weighs a little less than 10,000 pounds, is made entirely of steel, and is a combination of welding and 300 laser point cuts.
The bandstand at Denver's City Park was destroyed in an overnight fire, according to Denver fire officials and a nonprofit that uses the bandstand.
"A Shaving Grace Hairport," a barbershop kiosk located on Concourse B, is a first-of-its-kind concept designed specifically for an airport setting, offering grooming services in a fast, convenient format.
A measure would allow local governments to set the hours of operation for bars located in areas designated as Entertainment Districts.
In Broomfield, The Grove at Cottonwood is set to open to residents this summer as an affordable housing complex for those with intellectual or developmental disabilities. But as construction reaches the final months, RTD has denied Broomfield Housing Alliance's request for extended Access-a-Ride services to the complex.
The new sculpture, Ethereal Bliss, is 23 feet high and 16 feet deep, weighs a little less than 10,000 pounds, is made entirely of steel, and is a combination of welding and 300 laser point cuts.
The bandstand at Denver's City Park was destroyed in an overnight fire, according to Denver fire officials and a nonprofit that uses the bandstand.
"A Shaving Grace Hairport," a barbershop kiosk located on Concourse B, is a first-of-its-kind concept designed specifically for an airport setting, offering grooming services in a fast, convenient format.
A measure would allow local governments to set the hours of operation for bars located in areas designated as Entertainment Districts.
In Broomfield, The Grove at Cottonwood is set to open to residents this summer as an affordable housing complex for those with intellectual or developmental disabilities. But as construction reaches the final months, RTD has denied Broomfield Housing Alliance's request for extended Access-a-Ride services to the complex.
Watch Lauren Whitney's forecast
The bandstand at Denver's City Park was destroyed in an overnight fire, according to Denver fire officials and a nonprofit that uses the bandstand.
The new sculpture, Ethereal Bliss, is 23 feet high and 16 feet deep, weighs a little less than 10,000 pounds, is made entirely of steel, and is a combination of welding and 300 laser point cuts.
Dr. Brooke Pengel, a Pediatric Orthopedic Specialist with HCA HealthONE Rocky Mountain Children's talks aboiut how common the injury is and why it is on the rise in one particular group of women.
New Catholic Archbishop James Golka is set to deliver his first mass in Denver at the Cathedral Basilica of the Immaculate Conception.
For Denver Summit FC's Janine Sonis, returning home is a dream come true.
The Colorado Rockies will offer an eating and drinking challenge for fans at Coors Field this season.
The 31-year-old American matched Austrian downhill great Annemarie Moser-Pröll, who won her six titles in the 1970s.
The Denver Pioneers men's ice hockey team is preparing for a familiar quest.
Denver Summit FC captured its first point as a franchise with a 1-1 draw against the Orlando Pride last weekend. It's a milestone worth celebrating, but likely the first of many during its inaugural season.
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
FEMA will make $1 billion available for the BRIC program, which helps local governments harden against natural hazards like fires, floods, earthquakes and hurricanes.
A measure would allow local governments to set the hours of operation for bars located in areas designated as Entertainment Districts.
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
There's a new dedicated space for teens and young adults to find a sense of normalcy while receiving medical treatment, and it's inspired by a former patient.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
A compound found in python blood could lead to a new kind of weight loss drug, one that suppresses appetite without some of the side effects linked to popular medications like Ozempic.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
Skiers have filed a class action lawsuit against the two largest winter sports and resort companies, saying their price structures violate state and federal antitrust laws, like those used to prevent monopolies in other industries.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
A state investigation has found that a Denver assisted living facility took 13 minutes to locate a resident who collapsed and begin CPR -- failures regulators say placed all 125 residents in "immediate jeopardy."
Colorado's youth detention facilities are at the center of a civil rights lawsuit alleging that children are being kept beyond their court-ordered release dates. Advocates and families say the impact is irreversible.
One day after DIA's general counsel filed a federal lawsuit against the city and three of Mayor Mike Johnston's appointees -- alleging unethical and potentially illegal behavior, and claiming they were plotting to oust airport CEO Phil Washington -- one of the appointees, City Attorney Miko Brown, responded by saying of the claims in the lawsuit, "I know they're upsetting."
A woman whose aging mother was charged thousands of dollars to change a lock reached out to CBS Colorado in hopes that the station would help them get the money back.
A senior lawyer at Denver International Airport filed a federal lawsuit against the city and three top officials, claiming he was pushed out of his job after warning about possible alleged violations of law and more.