MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
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These charts track prices consumers pay for groceries and other goods now compared to five years ago.
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.
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
Economists had expected CPI to rise at an annual rate of 3% last month.
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.
Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
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.
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
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.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
Prices rose at an annual pace of 2.6% in July, the same rate as the previous month and in line with economist forecasts.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than economists expected.
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.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
Two pilots were killed and dozens of people injured at New York's La Guardia Airport late Sunday night when an arriving Air Canada Express plane and firetruck collided, authorities said.
It's a sign that Metro Detroiters are ready to say goodbye to winter and welcome spring, and the Marche du Nain Rouge is a feast for the eyes.
A California man is accused of taking part in a large-scale gift card fraud scheme that targeted several Southeast Michigan Meijer stores.
Olivia Olson had all 27 of her points in the second half and Syla Swords bounced back from a slow start to score 26 and help second-seeded Michigan rout short-handed N.C. State.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
Unleaded gasoline and diesel fuels were mixed in error at a Meijer Express fuel station in Macomb County, Michigan, the supermarket chain said Saturday.
As the partial government shutdown continues, some Transportation Security Administration workers across the U.S. have called out over missed paychecks.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
Two pilots were killed and dozens of people injured at New York's La Guardia Airport late Sunday night when an arriving Air Canada Express plane and firetruck collided, authorities said.
It's a sign that Metro Detroiters are ready to say goodbye to winter and welcome spring, and the Marche du Nain Rouge is a feast for the eyes.
Cities in Michigan lose big tax revenue from pollution-control tax breaks, and many do not track what they give up.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
A $4.3 billion investment is going toward a battery cell manufacturing plant in Lansing, Michigan, to provide Tesla with prismatic battery cells.
The United Auto Workers says that Detroit Diesel is adding a third shift, recalling laid-off workers and hiring dozens more people.
It's a sign that Metro Detroiters are ready to say goodbye to winter and welcome spring, and the Marche du Nain Rouge is a feast for the eyes.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Short film director Sam Davis gave a shout out to his Michigan hometown when accepting an Oscar award on Sunday.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
Two pilots were killed and dozens of people injured at New York's La Guardia Airport late Sunday night when an arriving Air Canada Express plane and firetruck collided, authorities said.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
TSA representatives say employees are trying to figure out how to feed their families and keep the lights on at home.
Police found that five Barbie packages containing fentanyl were sold. They have all been recovered.
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
A measles outbreak continues to expand in Southeast Michigan, with a fourth suspected case now reported in Washtenaw County.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Legislation is pending in Lansing that is intended to prohibit the sale or distribution of a substance called kratom.
A new report says Michigan should invest in primary care doctors to ease a severe shortage of physicians that has led to long wait times, higher costs and missed care.
The vote from 10,000 nurses at nine hospitals and campuses received 90% approval for authorization
Olivia Olson had all 27 of her points in the second half and Syla Swords bounced back from a slow start to score 26 and help second-seeded Michigan rout short-handed N.C. State.
Western Michigan has hired Kahil Fennell away from Texas-Rio Grande Valley to be its men's basketball coach.
Kim Barnes Arico has turned Michigan's women's basketball into a consistently winning program for the first time in school history.
Michigan State has advanced to the Sweet 16 for the 17th time under coach Tom Izzo, beating Louisville 77-69 on in the second round of the NCAA Tournament.
Yaxel Lendeborg punctuated his 25-point outing with a massive dunk in transition, and the Midwest Region's top-seeded Michigan advanced to the Sweet 16 with a 95-72 win over Saint Louis in the second round of the NCAA Tournament.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
A colder, but drier, start to the work week
Prime Minister Benjamin Netanyahu is calling on the international community to join Israel and the U.S. in the war against Iran. Cristian Benavides reports.
Detroit's popular Marche du Nain Rouge returned to the Cass Corridor earlier on Sunday.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue.
TSA representatives tell CBS News Detroit employees are trying to figure out how to feed their families and keep the lights on at home.