Inflation topped 4% in May as CPI surged to highest level in 3 years
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
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The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
President Trump spoke about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
According to the Unidos Bipartisan Poll of Hispanic Voters: The Road to 2026, 53% of Latino voters cite the cost of living and inflation as their leading concern.
Investigators say criminals are able to intercept goods along the supply chain by impersonating real companies.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
President Trump said he ordered his administration to fire Bureau of Labor Statistics Commissioner Erika McEntarfer after the July jobs report.
New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.
Trump's ratings on economy are lower, but his deportation plan keeps majority support.
President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
The U.S. labor market has been slowing, but today's jobs report isn't yet reflecting the layoffs ordered by Elon Musk's DOGE.
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the company.
Some of the lowest-paid health care workers in California will get a pay bump Wednesday under a state law gradually increasing their wages to at least $25 an hour.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Shohei Ohtani hit a three-run homer to support Eric Lauer in his conventional return to the starting rotation as the Los Angeles Dodgers beat the Athletics 9-4.
It may be a construction site right now, but OC Vibe promises to be Southern California's newest hot spot for food and entertainment.
Cole Young hit two home runs to back eight strong innings from George Kirby as the Seattle Mariners came from behind to beat the Los Angeles Angels 6-2.
Manhattan Beach mother Jennifer Levi went to Sacramento to fight for harsher penalties for DUI drivers after her 18-year-old son, Braun Levi, was killed by an alleged drunk driver earlier this year.
One South Bay couple shares how they blend creativity with compassion through their business, Parting Wishes, helping families fulfill their loved ones' wishes.
It may be a construction site right now, but OC Vibe promises to be Southern California's newest hot spot for food and entertainment.
Manhattan Beach mother Jennifer Levi went to Sacramento to fight for harsher penalties for DUI drivers after her 18-year-old son, Braun Levi, was killed by an alleged drunk driver earlier this year.
Investigators said the man was driving more than 112 mph when he crashed into the LAPD sergeant's patrol SUV.
The California State Legislature is set to vote this week on SB 1090, which, if approved, would temporarily block certain housing density laws that allow split lots and multi-unit construction on single-family lots.
Police say the shooting stemmed from a fight involving multiple people outside of the apartments in the 19100 block of Bryant Street early Sunday morning.
Manhattan Beach mother Jennifer Levi went to Sacramento to fight for harsher penalties for DUI drivers after her 18-year-old son, Braun Levi, was killed by an alleged drunk driver earlier this year.
One South Bay couple shares how they blend creativity with compassion through their business, Parting Wishes, helping families fulfill their loved ones' wishes.
Investigators said the man was driving more than 112 mph when he crashed into the LAPD sergeant's patrol SUV.
The California State Legislature is set to vote this week on SB 1090, which, if approved, would temporarily block certain housing density laws that allow split lots and multi-unit construction on single-family lots.
Police say the shooting stemmed from a fight involving multiple people outside of the apartments in the 19100 block of Bryant Street early Sunday morning.
It may be a construction site right now, but OC Vibe promises to be Southern California's newest hot spot for food and entertainment.
An Orange County airport worker met a woman who raised more than $170,000 for him after she spotted him working through pain on the job.
Hazardous materials cleanup is finally scheduled to take place at GKN Aerospace in Garden Grove next week, a month after a compromised chemical tank at risk of exploding or leaking caused tens of thousands of Orange County residents to evacuate their homes.
A team of Rady Children's Hospital oncology nurses in Orange County is using their own set of personal experiences with cancer to help inspire their patients as they face the toughest battles of their lives.
The 71-year-old man accused of beating a duckling to death with a plastic recycling bin in Irvine has been charged with animal cruelty.
The shooting happened in an unincorporated community known as North Shore at around 12:10 a.m., according to Riverside County deputies.
Deputies said that the incident appears to have been an "apparent suicide pact."
The Friends of Big Bear Valley told CBS LA that Sandy, the female eaglet, appeared to land on another tree and is near her mother, Jackie.
An investigation is underway in San Bernardino County after human remains were discovered on a recently purchased Apple Valley property, according to deputies.
Crews said that the fire was 50% contained as of Sunday morning.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
A U.S. Marine from Minnesota has been declared dead after he was reported missing from a ship off the coast of Southern California, according to military officials.
Former NBA players Malik Beasley and Ed Davis have been indicted on illegal sports gambling charges, authorities announced Monday.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
The Supreme Court on Monday ruled that states can count mail ballots that are cast by Election Day but arrive later, rejecting a GOP challenge to a Mississippi law.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
The Supreme Court on Monday ruled that states can count mail ballots that are cast by Election Day but arrive later, rejecting a GOP challenge to a Mississippi law.
A unanimous federal jury found that a preponderance of evidence supported Carroll's claim that Mr. Trump sexually abused her.
Americans weighed in on what's best about the U.S., its greatest invention, most representative food and more in latest CBS News poll.
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Los Angeles County health officials on Saturday confirmed the fifth measles case of the year in an international traveler who arrived at Los Angeles International Airport earlier in the week.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
Shohei Ohtani hit a three-run homer to support Eric Lauer in his conventional return to the starting rotation as the Los Angeles Dodgers beat the Athletics 9-4.
Cole Young hit two home runs to back eight strong innings from George Kirby as the Seattle Mariners came from behind to beat the Los Angeles Angels 6-2.
Former NBA players Malik Beasley and Ed Davis have been indicted on illegal sports gambling charges, authorities announced Monday.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Freddie Freeman drew a tiebreaking, bases-loaded walk off suddenly wild Michael King in the fifth inning and Mookie Betts followed with a two-run single for the Los Angeles Dodgers, who beat the San Diego Padres 4-2 to take two of three.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Police say that the 79-year-old Agoura Hills woman was walking on the sidewalk when she was struck by the Tesla.
Karen "Doc" Halligan, a veterinarian and author, joins the studio to discuss ways people can keep their pets safe during Fourth of July fireworks.
It may be a construction site right now, but OC Vibe promises to be Southern California's newest hot spot for food and entertainment. Lesley Marin reports.
Hunter Sowards reports from Boyle Heights, where she speaks with Boyle Heights residents who are still forced to deal with the putrid stench of spoiled food and a rodent infestation after the Lineage warehouse fire.
Manhattan Beach mother Jennifer Levi went to Sacramento to fight for harsher penalties for DUI drivers after her 18-year-old son, Braun Levi, was killed by an alleged drunk driver earlier this year. Tom Wait reports.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
