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.
Another wildfire sparked on Colorado's Western Slope on Sunday, prompting officials in Gunnison County to issue a pre-evacuation notice for nearby residents.
Arvada police used drones to find a dog that seriously injured someone Sunday morning before it ran away.
Denver Broncos Linebacker Nik Bonitto is teaming up with the Safeway Foundation's Nourishing Neighbors program, the Bonitto Family Foundation and Food Bank of the Rockies to help fight childhood hunger.
One CBS Colorado viewer put it best when they said the state is "spinning around in the devil's air fryer." It certainly feels that way across Colorado, where multiple cities, including Denver, broke heat records on Saturday.
Colorado State Patrol is investigating a high-speed crash that killed three young adults and injured two others on Saturday evening.
Another wildfire sparked on Colorado's Western Slope on Sunday, prompting officials in Gunnison County to issue a pre-evacuation notice for nearby residents.
Arvada police used drones to find a dog that seriously injured someone Sunday morning before it ran away.
Denver Broncos Linebacker Nik Bonitto is teaming up with the Safeway Foundation's Nourishing Neighbors program, the Bonitto Family Foundation and Food Bank of the Rockies to help fight childhood hunger.
One CBS Colorado viewer put it best when they said the state is "spinning around in the devil's air fryer." It certainly feels that way across Colorado, where multiple cities, including Denver, broke heat records on Saturday.
Colorado State Patrol is investigating a high-speed crash that killed three young adults and injured two others on Saturday evening.
A local church is asking its congregation for patience after thieves stole the building's air conditioning units. Church leaders say it will take weeks for them to be replaced, and police are still searching for the suspects.
Colorado State Patrol is investigating a high-speed crash that killed three young adults and injured two others on Saturday evening.
In a recent meeting of Colorado's Drought Task Force, officials said the four largest wildfires in the state have cost taxpayers $266 million.
Watch meteorologist Callie Zanandrie's forecast.
Habitat for Humanity is celebrating the 50th anniversary of Habitat International. On Saturday, the organization teamed up with Lowe's for an event in Lakewood.
Denver Broncos Linebacker Nik Bonitto is teaming up with the Safeway Foundation's Nourishing Neighbors program, the Bonitto Family Foundation and Food Bank of the Rockies to help fight childhood hunger.
There were 89 people arrested in the New York area over the course of the World Cup, the NYPD said.
Colorado general manager Josh Byrnes helped orchestrate a trade with his former team Monday as the Rockies sent right-hander Seth Halvorsen to the Los Angeles Dodgers for two minor league players.
When Brady Russell helped douse his coach Mike McDonald with Gatorade after winning the Super Bowl, he wasn't only celebrating a championship but a long, hard journey to football's mountain top.
As Spain's World Cup champs took to the stage with their trophy, President Trump joined them in their moment of glory.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
The plans include arresting migrants in Ohio and quickly putting them on deportation flights to crisis-stricken Haiti, the internal documents indicate.
Americans say they aren't convinced the cyclospora outbreak is under control as confirmed cases near 2,000.
Ukrainian President Volodymyr Zelenskyy's accusations of Russia helping Iran target U.S. troops are not the first.
Nathan Matthews, 43, of Lincoln, Nebraska, died from injuries sustained while battling the blaze, the Department of the Interior said.
The plans include arresting migrants in Ohio and quickly putting them on deportation flights to crisis-stricken Haiti, the internal documents indicate.
Ukrainian President Volodymyr Zelenskyy's accusations of Russia helping Iran target U.S. troops are not the first.
The Colorado Secretary of State's Office says the Republican gubernatorial nominee Victor Marx's campaign received nearly 200 illegal campaign contributions during the primary election.
President Trump announced new tariffs of up to 12.5% to replace expiring Section 122 levies. Here are the rates for each country.
The extreme Colorado weather conditions this year are forcing some farmers and ranchers to make difficult decisions.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
Americans say they aren't convinced the cyclospora outbreak is under control as confirmed cases near 2,000.
OpenAI announced a dedicated space in ChatGPT for sharing medical records, Health in ChatGPT. Health and AI experts lay out the pros and cons.
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
Utah's weekly measles case count has fallen. The national tally hasn't, and a newborn who's too young to be vaccinated is caught in between.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
A short circuit in the engine compartment can potentially cause a fire. Here's the fix.
President Trump announced new tariffs of up to 12.5% to replace expiring Section 122 levies. Here are the rates for each country.
The central bank is widely expected to stand pat on Wednesday, but persistent inflation concerns are reshaping expectations for the rest of 2026.
Two years after it closed, Evergreen's storied El Rancho restaurant appears ever more likely to face a wrecking ball.
Nearly three out of every four written comments submitted to the Colorado Department of Transportation during the early public review of its proposed Bus Rapid Transit project on Colorado Boulevard oppose the idea.
Insurance can be a hassle for anyone. For one Coloradan, that hassle has been magnified all because of her name.
A man who stopped to help victims of a devastating motorcycle crash instead found himself handcuffed, jailed and accused of driving under the influence -- despite repeatedly asking officers to administer a breath test that he believed would prove his innocence.
For Billy Hailey, his release was a day he had been waiting for and working toward for 20 years. Now, he is unexpectedly back in custody after the state says it miscalculated the date.
A second family in Colorado says a little-known insurance rule has left them fighting two companies to get medical bills paid.