Iran war fallout raises odds of a U.S. recession, economists say
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
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Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Most Republicans feel Trump has done more than expected, while others have views that are more mixed.
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
Economists had expected CPI to rise at an annual rate of 3% last month.
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.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America finds.
Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
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.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
The rush for gold continues as economic uncertainty deepens and anxious investors seek a safe haven for their money.
The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.
Firefighters were able to contain the Bear Creek Fire burning on U.S. Forest Service land in Colorado.
Schools reopen during the educator strike at Sheridan School District No. 2 as teachers claim the district is offering to pay substitute teachers more than regular staff during the strike.
Despite warm, dry temperatures, Keystone Resort made it to its planned closing date. However, there wasn't enough for the big pond skim party. That did not stop the indomitable spirit of Colorado skiers.
Two people were injured when a shooting took place in Denver on Sunday.
The Easter holiday wouldn't be complete without an egg hunt, and one church in Northern Colorado has a unique way to celebrate.
Firefighters were able to contain the Bear Creek Fire burning on U.S. Forest Service land in Colorado.
Schools reopen during the educator strike at Sheridan School District No. 2 as teachers claim the district is offering to pay substitute teachers more than regular staff during the strike.
Despite warm, dry temperatures, Keystone Resort made it to its planned closing date. However, there wasn't enough for the big pond skim party. That did not stop the indomitable spirit of Colorado skiers.
Two people were injured when a shooting took place in Denver on Sunday.
The Easter holiday wouldn't be complete without an egg hunt, and one church in Northern Colorado has a unique way to celebrate.
Fire crews continue to make progress on the Bear Creek Fire burning in Douglas County.
Loveland Fire Rescue crews rushed to a burning home early Monday morning, where fire had engulfed the building.
This edition of Making Ends Meet explores why "Buy now, pay later" options may not be the best choice for some people.
Watch Alex Lehnert's forecast
Colorado basketball legend Chauncey Billups expected to appear in court Monday on money laundering and wire fraud allegations.
Sidewalks were packed, and streets were buzzing Friday, as thousands of fans flooded downtown Rockies Opening Day.
Despite needing help with his motor skills and movement, it hasn't stopped Randy Milliken from loving his favorite team.
With only a few hours left until the big game -- the Colorado Rockies home opener at Coors Field in Denver -- CBS Colorado was keeping an eye on Ticketmaster for baseball fans who are looking to still purchase a ticket.
Fans heading to Coors Field in Denver this season can expect more than baseball.
Body camera video has been released of Tiger Woods' arrest, after a car crash in Florida. He has been charged with driving under the influence.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
Alan Hayward James, 51, pleaded guilty to conspiracy to commit wire fraud, bribery, and conspiracy to rig bids.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
The war shows no signs of slowing as Iran responds to airstrikes with attacks across the region.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
Supreme Court Justice Samuel Alito was treated for dehydration after falling ill at an event in Philadelphia on March 20, the court's public information office said.
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
About half a million people in Colorado are living with a brain injury and many of them don't know it.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
A record warm winter, combined with dry conditions across Colorado, has created the perfect conditions for allergy season to start early.
One consumer reported sustaining bruising and burn injuries.
Sidewalks were packed, and streets were buzzing Friday, as thousands of fans flooded downtown Rockies Opening Day.
The Colorado Auto Show is the place to dream big, and then look, touch, and sit behind the wheel of some of the coolest cars ever made.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
Anticipating a challenging summer wildfire season, forecasters with Colorado's Division of Fire Prevention and Control are preparing to rely heavily on a pair of state-owned aircraft-both to detect fires early and to assist in fighting them once they ignite.
CBS Colorado is investigating a trucking company involved in a crash at a gas station in the southern part of the Denver metro area last month.
A Denver jury has found activist Regan Benson, a frequent critic of police, guilty of "doxing" a Denver police commander during a livestream last September, in what appears to be the first conviction under Colorado's anti-doxing law.
Fire chiefs in two departments northwest of Denver, Westminster and Arvada, say gaps in emergency dispatch technology between neighboring departments can slow response times and, in some cases, limit how quickly help arrives.
A state investigation has found that a Denver assisted living facility took 13 minutes to locate a resident who collapsed and begin CPR -- failures regulators say placed all 125 residents in "immediate jeopardy."