Walmart cuts prices on thousands of items, including beef and soda
President Trump praised Walmart and said the lower prices are the result of "my Administration's request to celebrate our great Country's 250th birthday."
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President Trump praised Walmart and said the lower prices are the result of "my Administration's request to celebrate our great Country's 250th birthday."
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
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.
The nonprofit that operates the auditorium in the Boulder is embarking on a $17 million renovation project.
The Larimer County Sheriff's Office is investigating a deadly overnight shooting involving officers in Loveland.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Immigration officers could weigh use of Medicaid, food aid and housing help in green card decisions after Trump administration rescinds Biden-era public charge rule.
The nonprofit that operates the auditorium in the Boulder is embarking on a $17 million renovation project.
The Larimer County Sheriff's Office is investigating a deadly overnight shooting involving officers in Loveland.
Hudson town leaders say they do not have the legal authority to stop a planned federal immigration detention center from opening.
Denver's 16th Street FreeRide service could be in jeopardy, as RTD tries to figure out ways to fix its $200 million budget deficit.
An indictment alleges Brown used his hands or an electrical cord to strangle the woman just before Valentine's Day 45 years ago.
A brush fire in the far southeastern part of the Denver metro area that briefly threatened several homes on Thursday evening is now under control.
The heatwave in Colorado is even causing problems with pavement.
A crash on Interstate 70 Thursday morning led to a lengthy morning closure of the westbound lanes.
A 79-year-old Colorado man has been arrested in the 1981 strangulation death of a woman in Texas, court documents and jail records show.
The Larimer County Sheriff's Office is investigating a deadly overnight shooting involving officers in Loveland.
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Hilton Grand Vacations said it has fired an employee who sent a racial slur to Las Vegas Aces guard Chelsea Gray.
The World Cup semifinal between England and Argentina was a grudge match, reopening decades-old wounds for both countries.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
The Front Range Passenger Rail District is rallying support from the cities where the future rail line will operate.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Immigration officers could weigh use of Medicaid, food aid and housing help in green card decisions after Trump administration rescinds Biden-era public charge rule.
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
In 14,000 cases, Black families were flagged to law enforcement over unverified allegations that often begin with unreliable hospital drug tests.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
Immigration officers could weigh use of Medicaid, food aid and housing help in green card decisions after Trump administration rescinds Biden-era public charge rule.
A U.S.-Iranian woman who was trapped in Iran on allegations of espionage and collaborating with a hostile state that her attorney called "bogus" has departed the country, CBS News learned Wednesday.
Part of President Trump's speech Thursday night is expected to touch on previously unreported alleged Chinese meddling in U.S. elections, according to sources familiar with the matter.
Military planners have examined options for possible action against Cuba, including an Army-led air assault involving the 101st Airborne Division.
Medical assistants are some of the first faces you see when visiting the doctor, but a new survey finds it's getting harder to hire for those positions.
A blood test may predict if apparently healthy older adults are likely to develop Alzheimer's symptoms in the next five or 10 years, researchers say.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
A Finnish study followed patients for 10 years after they had a popular knee surgery. For many, the pain continued or even worsened.
The nonprofit that operates the auditorium in the Boulder is embarking on a $17 million renovation project.
Medical assistants are some of the first faces you see when visiting the doctor, but a new survey finds it's getting harder to hire for those positions.
It's the latest effort by President Trump to make his mark on Washington, D.C.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
Memorials are being held in the hometowns of three wildland firefighters who died while battling a fire on the Colorado-Utah border. Meanwhile, the circumstances surrounding their deaths are still under investigation.
Concerns are emerging about a company formerly known as COE Bikes, which continues advertising free e-bikes and is now drawing scrutiny from state agencies.
The City of Denver is giving itself stronger enforcement tools to hold owners of neglected and derelict properties accountable, including significantly larger fines for those who fail to comply with city orders.
A Colorado administrative law judge has upheld the demotion of a former Colorado Department of Corrections manager who admitted participating in years of inappropriate text message exchanges with other prison leaders.
A man who stayed at a downtown Denver hotel last summer says he woke up to bats flying around his room — and that one of them bit him. He has now filed a lawsuit against the hotel.