CPI report shows inflation continued to climb in September
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.
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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.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
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.
Aurora police have arrested a man they say tried to meet a child for sex during an undercover operation.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
A powerful winter storm will deliver heavy, wind-driven snow to Colorado's high country this weekend.
A federal judge granted a Justice Department request to unseal grand jury transcripts from a federal investigation in Florida into convicted sex offender Jeffrey Epstein.
A Boulder County man is back home after a federal judge ruled he was "illegally detained" by Immigration and Customs Enforcement.
A powerful winter storm will deliver heavy, wind-driven snow to Colorado's high country this weekend.
Aurora police have arrested a man they say tried to meet a child for sex during an undercover operation.
A Boulder County man is back home after a federal judge ruled he was "illegally detained" by Immigration and Customs Enforcement.
After St. Louis Catholic School in Louisville announced it would be closing its doors at the end of this school year, some Colorado parents are appealing their concerns to the Vatican to try and keep it open.
As the Denver Nuggets, Denver Broncos and Colorado Avalanche fans celebrate winning seasons so far, local sports stores are ready with all the gear.
Colorado lawmaker Faith Winter to be remembered in service at Colorado State Capitol on Friday afternoon.
Emergency repairs are underway on the E Line near I-25 and Yale after a tanker truck crashed into the bridge. RTD says they hope repairs are done by New Year's Day.
Father Christmas is coming to Four Mile Historic Park on Dec. 13 with a night brunch on Dec. 20.
Watch meteorologist Callie Zanandrie's forecast.
Sterling police arrested a trespassing suspect on a shoplifting warrant from Walmart and allegedly found concealed knives and illegal drugs.
Longtime baseball executive Josh Byrnes has been named the new GM of the Colorado Rockies, marking a return to the ball team.
Denver Broncos defensive end Zach Allen partnered with the Boys & Girls Clubs of Metro Denver to take some of the children on a holiday shopping spree.
The Denver Broncos are a relatively young team with a starting quarterback who's only in his second year, and yet they're playing like a team of polished veterans.
A man from Colorado who now lives overseas is taking a little extra pride in his work now that his honey is being used in an official partnered beverage of the Denver Broncos.
Veteran football coach Jim Mora has arrived in Fort Collins and was introduced by Colorado State University as their next Rams head coach.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
A federal judge granted a Justice Department request to unseal grand jury transcripts from a federal investigation in Florida into convicted sex offender Jeffrey Epstein.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
At least 87 people have been killed since the vessel strikes began in early September.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
A federal judge granted a Justice Department request to unseal grand jury transcripts from a federal investigation in Florida into convicted sex offender Jeffrey Epstein.
At least 87 people have been killed since the vessel strikes began in early September.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
The Trump administration said it would reduce the period of time that work permits are valid for refugees, asylees and other immigrants granted legal protections in the U.S.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
Patients with affected devices should stop using them. They are eligible for free replacements, Abbott said.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Job cuts so far this year are at their highest levels since 2020, new report says.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The Trump administration proposed rules that would weaken fuel economy standards for vehicles set under President Biden in 2024.
A veteran Denver commercial real estate broker warned elected Denver officials in December of 2023 to scrap their plans to buy the Denver Post building for $88.5 million.
Colorado is now among the states under a microscope from the U.S. Department of Transportation, after several high-profile crashes involving drivers who couldn't understand road signs written in English.
Before the Broncos won in Week 11, the game at Empower Field at Mile High was preceded by a tense showdown between an air traffic controller and the pilot of a single-engine aircraft.
On Sept. 4, the body of Kathleen Mayo was found inside her first floor unit. Police say she was murdered.
A family in Elbert County has filed a federal lawsuit against the small town of Elizabeth over its curfew law.