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.
Unleaded gasoline and diesel fuels were mixed in error at a Meijer Express fuel station in Macomb County, Michigan, the supermarket chain said Saturday.
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.
A measles outbreak continues to expand in Southeast Michigan, with a fourth suspected case now reported in Washtenaw County.
Sentencing is scheduled for May 12 in a case involving the distribution of child sexually abusive material.
The Detroit-Windsor Tunnel will be closed Sunday morning so that the tunnel authority and area first responders can host a cross-border emergency drill.
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.
The Detroit-Windsor Tunnel will be closed Sunday morning so that the tunnel authority and area first responders can host a cross-border emergency drill.
Unleaded gasoline and diesel fuels were mixed in error at a Meijer Express fuel station in Macomb County, Michigan, the supermarket chain said Saturday.
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.
A measles outbreak continues to expand in Southeast Michigan, with a fourth suspected case now reported in Washtenaw County.
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.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
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.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
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.
Democrats are expected to eventually block the broader legislation.
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.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
The western United States experienced a severe snow drought this year, threatening the region's water supply and potentially setting the stage for its wildfire season.
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
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.
DraftKings pushed back on the accusation, saying in a statement that it is not engaging in trademark infringement.
Michigan State takes on Louisville at KeyBank Center in Buffalo at 2:45 p.m. Saturday.
Michigan takes on St. Louis at KeyBank Center in Buffalo at 12:10 p.m. Saturday.
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 surprise find of a box of Girl Scout cookies in the CBS Detroit newsroom inspires some memories and smiles as the 6 p.m. newscast winds down on March 21, 2026.
The Detroit Prowl, an all-female professional football team, hosted more than 200 Girl Scouts of Southeastern Michigan members for hands-on lessons in football skills.
Hawaii is seeing its worst flooding in more than 20 years, with hundreds rescued amid the stormwaters. CBS News has this report.
The Chaldean American Chamber of Commerce partnered with the U.S. Chamber of Commerce Foundation and Michigan Chamber of Commerce to host a non-partisan competition to test the civics knowledge of middle school students, “Spelling Bee” style.
Gospel Tabernacle Church hosted a community resource outreach fair to provide information about community services in Metro Detroit.