CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
The great inflation spike of the past three years is nearly spent - and economists credit American consumers themselves for helping to slay it.
A stock market rout and slower economic growth could soon lead to lower borrowing costs. Here's what experts think the Fed will do with interest rates.
The Federal Reserve is leaving its benchmark interest rate unchanged as investors look for signals that a cut is imminent.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
After two years of rate hikes, Americans are coping with higher costs for all kinds of loans. Here's what to expect from the Fed today.
After a hotter-than-expected inflation report on Tuesday, economists now believe the Fed could postpone its first rate cut. Here's what to know.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
A vintage banknote and an even older coin collectively sold for nearly $1 million at a multi-day bidding event in Dallas.
The central bank is leaving interest rates unchanged after 11 hikes since March 2022, which has boosted borrowing costs for millions of Americans.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Although policymakers kept rates steady last month, some Fed officials wanted to keep raising them.
After almost 10 years, a Wisconsin man who killed his wife on an Amtrak train to Denver back in 2016 has been convicted of her murder.
Wheat Ridge Police Department says its strategically-placed speed cameras are making an impact.
The U.S. Department of Health and Human Services is calling out child welfare agencies in 39 states, including in Colorado. It says the agencies are intercepting federal benefits meant for foster kids and using the money themselves.
Colorado Parks and Wildlife recently re-released a gray wolf in Grand County after it was recaptured in New Mexico.
A Denver man has been arrested for his role in a crash with a school activity bus that sent more than a dozen people to the hospital last weekend.
After almost 10 years, a Wisconsin man who killed his wife on an Amtrak train to Denver back in 2016 has been convicted of her murder.
Wheat Ridge Police Department says its strategically-placed speed cameras are making an impact.
The U.S. Department of Health and Human Services is calling out child welfare agencies in 39 states, including in Colorado. It says the agencies are intercepting federal benefits meant for foster kids and using the money themselves.
Colorado Parks and Wildlife recently re-released a gray wolf in Grand County after it was recaptured in New Mexico.
A Denver man has been arrested for his role in a crash with a school activity bus that sent more than a dozen people to the hospital last weekend.
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Wheat Ridge Police Department says its strategically-placed speed cameras are making an impact.
In this week’s Your Local Dish, CBS Colorado First at 4 Anchor Mekialaya White and restaurant promoter Larry Herz head up to Cimera in Denver's Source Hotel with Chef Diego Munoz.
The Broncos are aiming for home-field advantage in the playoffs, and a win against the Packers on Sunday would help them get there.
Colorado Parks and Wildlife are not releasing the location where the animal was placed back in Colorado.
Lindsey Vonn raced to a stunningly fast win in a World Cup downhill on Friday to earn her first victory after a five-year retirement.
President Trump hosted members of the 1980 U.S. Olympic men's hockey team — famous for defeating the Soviet Union in the "Miracle on Ice" — at a bill signing.
NASCAR has reached a settlement of the bruising antitrust lawsuit filed against it by two of its race teams, including one co-owned by NBA great Michael Jordan.
The newest Colorado sports team is getting ready for its inaugural season in the Mile High City, but the future of the team's stadium is in limbo.
Sabina Czuaz has already claimed a number of titles and has lofty goals for the future.
Adm. Alvin Holsey relinquished command Friday in a ceremony at U.S. Southern Command headquarters after announcing early retirement amid U.S. buildup off of Venezuela.
A ruling striking down emergency levies could force the federal government to return most of the tariff revenue it has collected this year, according to Penn Wharton.
"No president is legally allowed to tear down portions of the White House without any review whatsoever," said the National Trust for Historic Preservation in its lawsuit.
Democrats on the House Oversight Committee on Friday released 19 photos from a trove of images obtained from the estate of Jeffrey Epstein.
Lindsey Vonn raced to a stunningly fast win in a World Cup downhill on Friday to earn her first victory after a five-year retirement.
The U.S. Department of Health and Human Services is calling out child welfare agencies in 39 states, including in Colorado. It says the agencies are intercepting federal benefits meant for foster kids and using the money themselves.
Adm. Alvin Holsey relinquished command Friday in a ceremony at U.S. Southern Command headquarters after announcing early retirement amid U.S. buildup off of Venezuela.
A ruling striking down emergency levies could force the federal government to return most of the tariff revenue it has collected this year, according to Penn Wharton.
"No president is legally allowed to tear down portions of the White House without any review whatsoever," said the National Trust for Historic Preservation in its lawsuit.
Democrats on the House Oversight Committee on Friday released 19 photos from a trove of images obtained from the estate of Jeffrey Epstein.
Clinicians and epidemiologists warn the decision could unravel decades of progress and expose newborns to a deadly, preventable disease.
For those who have lost loved ones, the holidays can be an especially difficult time. But a Castle Rock community group is here to help.
UCHealth opened a brand new multimillion dollar inpatient mental health unit in Northern Colorado. Poudre Valley Hospital is now the home to the newest behavioral health inpatient unit in Colorado.
RTD is being sued in federal court over changes to Access on Demand, which provides services for Coloradans with disabilities. Plaintiffs' attorneys are hoping a judge puts a stop to the changes before the Jan. 1 implementation.
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
A ruling striking down emergency levies could force the federal government to return most of the tariff revenue it has collected this year, according to Penn Wharton.
Dozens of cows from Northern Colorado ranches have gone missing and are presumed to be stolen. The cattle have largely gone missing from ranches in Weld County, around the Greeley area.
In late 2024, Chrisanne Grimaldi was facing a common problem; she was drowning in medical debt totaling $80,000 and needed cash to pay down her debt.
The Trump administration says it's also creating a $5 million platinum card visa that will allow foreigners to live in the U.S. for 270 days a year.
President Trump says he's winning the war against inflation. But a look at prices around the U.S. shows why many Americans still feel financially squeezed.
In Denver 10 months ago, a man named Ben Varga had just gotten dropped off at Washington Park to meet friends for a picnic. Not far away, two men were on a bench arguing.
In late 2024, Chrisanne Grimaldi was facing a common problem; she was drowning in medical debt totaling $80,000 and needed cash to pay down her debt.
A man allegedly attacked and injured a defense lawyer at Arapahoe County's courthouse, CBS Colorado has learned.
An internal report obtained by CBS Colorado raises several concerns about how Colorado's helitak program is being run.
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.