Inflation is outpacing wages again. Many workers were already behind.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
Watch CBS News
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
Surging AI investment is pushing up the cost of smartphones and other gadgets, according to analysts. Here's why.
The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
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.
The suspect driver wanted in a deadly hit-and-run that killed a bicyclist last month was in custody on Wednesday morning.
The Centennial City Council banned some micro-mobility vehicles from some public spaces after unanimously approving the ordinance during Tuesday's meeting.
Welcome to Tall Tales Ranch, which, when complete, will be a community with living space with room for 32 people, a coffee shop and an event barn.
A small bear added a little more excitement for students on move-in day at Colorado State University in Fort Collins Tuesday.
An effort to censure a Castle Rock town councilman for alleged ethics violations failed Tuesday night.
The suspect driver wanted in a deadly hit-and-run that killed a bicyclist last month was in custody on Wednesday morning.
The Centennial City Council banned some micro-mobility vehicles from some public spaces after unanimously approving the ordinance during Tuesday's meeting.
Welcome to Tall Tales Ranch, which, when complete, will be a community with living space with room for 32 people, a coffee shop and an event barn.
A small bear added a little more excitement for students on move-in day at Colorado State University in Fort Collins Tuesday.
An effort to censure a Castle Rock town councilman for alleged ethics violations failed Tuesday night.
Colorado Congresswoman Lauren Boebert hosted a Purple Heart ceremony to honor Specialist Joel O'Connor.
A motorcycle crash survivor thanked her trauma team, who helped her recover from serious injuries at HCA HealthOne in Aurora.
Watch Alex Lehnert's forecast
Douglas County releases body cam video of a deputy chasing a theft suspect.
Firefighters in Crested Butte say that a bear went into a home and unintentionally started a fire.
The Broncos won't be allowing fans into training camp Monday because the bleachers are unsafe after weekend storms.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Wednesday's meeting was the third community meeting for the La Alma Lincoln Park community since the Denver Broncos' leadership announced their plans to build the new Broncos stadium in the former railyard.
Westbrook played for Oklahoma City, Houston, Washington, both Los Angeles teams, Denver and Sacramento during his 18-year-career.
The Denver Broncos CEO said he hopes to open the new stadium at Burnham Yard in time for the 2031 NFL season- just five years from now.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The USDA's own inspector general has repeatedly raised concerns about federal oversight of dog breeders.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
Colorado's hemp-derived THC industry could see major changes later this year, though a federal crackdown scheduled for November may be temporarily postponed.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
The disclosure requirement would be added to the Form 990, the annual return that nonprofit groups file with the IRS.
Rep. Joe Neguse is hoping to pay it forward after his wife was diagnosed with breast cancer.
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Colorado doctors will still be recommending the long-standing American Academy of Pediatrics immunization schedule.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
With an El Niño in the forecast, the possibility of more powder is a possibility. At least Breckenridge is banking on it.
Colorado's hemp-derived THC industry could see major changes later this year, though a federal crackdown scheduled for November may be temporarily postponed.
Waymo is eyeing a Denver public launch of its robotaxis at "some point later this year."
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
Colorado's hemp-derived THC industry could see major changes later this year, though a federal crackdown scheduled for November may be temporarily postponed.
Attorneys for the State of Colorado say a newly uncovered White House email provides crucial evidence in their lawsuit alleging the Trump administration retaliated against the state over election policies and the prosecution of former Mesa County Clerk Tina Peters.
Colorado's wildfire fight is increasingly beginning from the air -- sometimes before a fire is even visible to the naked eye.
Some Coloradans who signed over their state tax credit for a free e-bike finally got their delivery.
U.S. Homeland Security Secretary Markwayne Mullin visited Colorado's Supermax prison, the U.S. Olympic & Paralympic Training Center and Immigration and Customs Enforcement offices in southern Colorado before holding a private meeting with U.S. Rep. Gabe Evans and Hispanic faith leaders.