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.
U.S. wholesale inflation rose 0.2% last month on higher energy prices.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
The Social Security Administration will set its 2025 cost-of-living adjustment within days. Here's what the experts say.
Unpaid and underpaid labor prevails, an analysis of research by several NGO's found, including wage deductions, "significant" debt bondage and child labor.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
Olive Garden's same-restaurant sales dropped in its most recent quarter. Now, it's tweaking its menu.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Home insurance premiums have at times risen 40% faster than inflation. Extreme weather events are likely to make the expense worse.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
New Census data finds the typical household earned $80,610 last year, a 4% jump from 2022 and the first significant boost since 2019.
The deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
Harris is vowing to pass the first federal ban on price gouging, a pledge that comes after grocery prices have surged 25% since 2020.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
The great inflation spike of the past three years is nearly spent - and economists credit American consumers themselves for helping to slay it.
Authorities in Westminster, Colo. have reopened Huron Street after a crash Saturday afternoon that claimed the life of one man.
Not everyone was loathing the cold temperatures and potential of ice driving. On Georgetown Lake drift car drivers tore around a loosely laid out course to shouts of excitement from the shoreline.
Colorado's freezing weather is keeping plumbers busy repairing frozen pipes. Here's what you can do to protect yours from freezing or bursting.
As Colorado drops into a deep freeze, Denver Rescue Mission is among the shelters that will be increasing capacity to protect residents.
Steve over at True Value Hardware on Colfax Avenue says people have been coming all week stocking up on essentials to hunker down and stay warm when the temperature dips.
First Alert Weather Days have been issued from Saturday to Tuesday morning for snow and dangerously cold conditions across Colorado.
Authorities in Westminster, Colo. have reopened Huron Street after a crash Saturday afternoon that claimed the life of one man.
Not everyone was loathing the cold temperatures and potential of ice driving. On Georgetown Lake drift car drivers tore around a loosely laid out course to shouts of excitement from the shoreline.
Colorado's freezing weather is keeping plumbers busy repairing frozen pipes. Here's what you can do to protect yours from freezing or bursting.
As Colorado drops into a deep freeze, Denver Rescue Mission is among the shelters that will be increasing capacity to protect residents.
We know Coloradans want to help people affected by the California wildfires, and CBS is teaming up with the American Red Cross. You can donate by going to RedCross.org/CBS.
Dr. Path Shah, an emergency room physician at AdventHealth in Littleton, talks to CBS News Colorado about the most common reasons people end up in the emergency room in freezing temperatures and how to stay safe in this weekend's arctic blast.
Watch meterologist Callie Zanandrie's forecast.
In Georgetown drift racers on a frozen lake went looking for ice.
Renters in Denver should be aware of their rights when it comes to whether their unit is properly heated.
Allan Wylie, a freshman sports communication major at Rowan University in New Jersey, is a color commentator for the Delaware Blue Coats of the NBA G League.
The new 3-on-3 women's basketball league featuring 36 WNBA players will debut Friday night. Here's what to know and how to watch.
South Carolina's head women's basketball coach Dawn Staley signed a contract extension to stay with the team until 2030.
In a move to help close the pay gap between men and women in college sports, the NCAA will now pay Division I women's basketball teams who play in March Madness games starting this year.
Bob Uecker was the voice of his hometown Milwaukee Brewers who after a short playing career earned the moniker "Mr. Baseball" and honors from the Hall of Fame.
The locations expected to be targeted by deportation teams from ICE include those with large populations of immigrants, one source said.
According to the investigation, obtained by CBS News, "curiosity" drove a Navy corpsman to see if he could access President Biden's medical records on a government computer.
The U.S. Department of Justice filed a lawsuit on Friday alleging Walgreens knowingly filled millions of unlawful prescriptions for controlled substances.
Allan Wylie, a freshman sports communication major at Rowan University in New Jersey, is a color commentator for the Delaware Blue Coats of the NBA G League.
Experts say no other app offers the same financial opportunities as TikTok, while creators fear loss of income if it disappears.
The locations expected to be targeted by deportation teams from ICE include those with large populations of immigrants, one source said.
According to the investigation, obtained by CBS News, "curiosity" drove a Navy corpsman to see if he could access President Biden's medical records on a government computer.
Gov. Jared Polis announced an order that flags across Colorado be flown at full-staff during President-elect Donald Trump's inauguration. Flags are currently at half-staff across the state to honor former President Jimmy Carter.
A federal court had ordered the Biden administration to take action over fluoride's potential health risks at higher levels.
A federal appeals court on Friday declared the Deferred Action for Childhood Arrivals immigration policy unlawful.
A federal court had ordered the Biden administration to take action over fluoride's potential health risks at higher levels.
The hugely popular medications Ozempic and Wegovy, used for diabetes and weight loss, will be included in the next round of talks to negotiate lower Medicare drug prices.
Hospital costs drive insurance premiums, and in Colorado the cost of care has grown by a billion dollars each year.
Food manufacturers will have until 2027 to stop using the dye. Drugmakers have until 2028.
There have been 8 reports of made-in-China alarms sold by HSN nationwide and online not sounding in response to smoke.
It's been nearly a year since three businesses in Greenwood Village were burglarized in a crime spree, and two of them were set on fire.
The town of Morrison has received a reputation where you could very easily walk away with a speeding ticket or a parking ticket. But now restaurant owners in town are sounding the alarm about that reputation.
The U.S. Department of Justice filed a lawsuit on Friday alleging Walgreens knowingly filled millions of unlawful prescriptions for controlled substances.
Experts say no other app offers the same financial opportunities as TikTok, while creators fear loss of income if it disappears.
The Supreme Court on Friday upheld a new law that would lead to a ban of the social media platform TikTok.
Hospital costs drive insurance premiums, and in Colorado the cost of care has grown by a billion dollars each year.
Rank-and-file Denver firefighters walked into a union hall to vote on a resolution that would put a no-confidence vote on their chief and deputy chief to the department's roughly 1,100 members.
Denver's mayor plans to announce that the city is acquiring the former Park Hill Golf Course in a land swap deal, and plans to turn it into a public park and open space, according to multiple sources.
The grandparents of Denver stabbing suspect Elijah Caudill say their grandson was plagued with untreated mental health issues all his life and nursed a serious drug habit that included crystal meth, fentanyl and synthetic marijuana.
Records obtained by CBS Colorado show the Colorado Department of Corrections purchased hundreds of Motorola cameras for the adult parole division.