Rising grocery prices could lead to shrinkflation, food industry analyst says
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.
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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.
From skeletons to pumpkins and costumes, tariffs could drive up costs this Halloween.
Michigan Congresswoman Haley Stevens has introduced the "No Tariffs on Groceries Act," a bill that that intends to lower the cost of groceries by removing the ability of the president to unilaterally put tariffs on food and other agricultural products.
The Trump administration's tariffs are slowly rippling through the economy and starting to push up prices for some products, government data shows.
The Supreme Court on Tuesday said it will decide whether President Trump can impose his most sweeping tariffs.
The U.S. government could have to refund domestic businesses billions in tariffs, should the Supreme Court uphold a recent federal appeals court ruling.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
President Trump has claimed the authority to bypass Congress and impose sweeping tariffs, but a new ruling throws that in doubt.
An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
A surge in tariff payments, partly resulting from a deferred payment schedule, resulted in the U.S. collecting a total $22 billion in tariffs on Aug. 22. That surpasses July's record by 4 million.
Here's why American appliance maker Whirlpool thinks Trump's tariffs will help its business.
Canada is expected to remove its tariffs on some American goods, specifically for goods that comply with the United States-Mexico-Canada Agreement. CBS News has this report.
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
Home Depot says some of its retail prices are going up because of tariffs. Almost 50% of Home Depot's inventory is imported from suppliers outside of the U,S.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
The company is now transformed into a modular home manufacturing company that builds entire apartments inside its building.
President Donald Trump has enacted a new wave of import tariffs on dozens of America's trading partners. Before today, virtually every country's goods were subject to a minimum 10% tariff. Now, the rates vary depending on the country of origin.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
MIchigan Governor Gretchen Whitmer was in Washington, D.C., Tuesday to meet with President Trump. She said she spoke to the president about the toll that import tariffs are taking on the auto industry and the potential effects that other policies are having on the state.
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.
The Trump administration said new tariff rates on most U.S. trading partners will go into effect on Aug. 7. Experts believe the fees will also be felt at home. John Lawrence explains.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
A Chicago bus driver is out of a job after he was caught on camera with his hands off the wheel and his eyes glued to his cell phone.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
A Detroit man has been charged in connection with the assault of three women he dated within a year, according to the Wayne County Prosecutor's Office.
Fire Chief Joseph Murray says they had been in contact with the driver and are not aware of any injuries.
Attorney Bobby Raitt says he sent a letter to U of M and a fraternity close to where police found Mattson, telling them to preserve all evidence related to this case.
Fire Chief Joseph Murray says they were in contact with the driver and are not aware of any injuries.
An arctic cold front slips through the area as the clipper system that brought light snow Friday will drop temperatures dangerously low overnight.
A Chicago bus driver is out of a job after he was caught on camera with his hands off the wheel and his eyes glued to his cell phone.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Music's biggest night returned Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Figure skaters Madison Chock and Evan Bates rock-and-rolled their way to a world-best 91.06 points in the rhythm dance Friday at the Milan Cortina Olympics.
A new push to pass a GOP elections bill known as the SAVE America Act is underway in Congress, but Democrats warn the proposal could disenfranchise millions of eligible voters.
Will Riley scored 20 points, Sharife Cooper added 18 and the Washington Wizards upset the Eastern Conference-leading Detroit Pistons 126-117 on Thursday night.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
Legionella testing at Oakland County government facilities has detected the bacteria in the water systems of two additional buildings.
When the temperatures plummet, and the snow starts piling up, most of us have the same instinct: retreat indoors, crank up the heat, and get cozy.
Planned Parenthood of Michigan has started to offer vasectomy services in Grand Rapids, with plans to expand the procedure across the state.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
Figure skaters Madison Chock and Evan Bates rock-and-rolled their way to a world-best 91.06 points in the rhythm dance Friday at the Milan Cortina Olympics.
Will Riley scored 20 points, Sharife Cooper added 18 and the Washington Wizards upset the Eastern Conference-leading Detroit Pistons 126-117 on Thursday night.
Los Angeles Rams quarterback Matthew Stafford was named the NFL MVP, just edging out four other candidates that included New England Patriots quarterback Drake Maye and Buffalo Bills quarterback Josh Allen, last year's MVP.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The Monroe County Sheriff's Office is warning residents of a scammer claiming to be law enforcement and telling people they have outstanding warrants.
There has been outrage across the political spectrum after a video posted on President Trump's Truth Social account depicted former President Barack Obama and First Lady Michelle Obama as apes.
Wind chills drop through Saturday morning before warmer air arrives next week.
A driver has been rescued after a parking garage partially collapsed in Dearborn Friday night, according to authorities.
An attorney is investigating the death of 19-year-old University of Michigan sophomore Lucas Mattson, nearly two weeks after his body was found southeast of central campus following a 20-hour-long search.