Watch CBS News
While many people have a bleak outlook of the current economy, investment professional Chris Markowski predicts the price of some every day products at stores like Target will come down around Independence Day.
Rina Nakano speaks to an investment professional who says the price of consumer goods may decline around Independence Day due to supply chain issues being resolved and some retailers having a glut of products.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Tina Patel reports as gas prices continue to inch nearer the $7 threshold in prices. Tuesday's average of $6.46 is the 19th record set in the last 20 days.
Michele Gile reports from Santa Ana where a local restaurant owner talks about how the cost of running his business has nearly doubled, though he's doing his best to keep from passing those prices on to his customers.
Consumer prices accelerated in May as Americans face the steepest inflation in four decades.
Manufacturers are again downsizing packaging in an effort to ease the hit from inflation. Are they going too far?
CBS News Business Analyst Jill Schlesinger joined the studio to discuss the recent job report from the Department of Labor, and what the nation can expect when it comes to inflation.
AA reports that the national average cost of gasoline as of Tuesday is $4.37.
Lawrence Harris, Professor at the USC Marshall School of Business and former Chief Economist with the SEC, joined the studio to discuss the ever-rising rate of inflation and how to combat the steep cost of living.
Watchdog group Accountable.US notes that the nation's top 10 retailers have recently generated $99 billion in profit.
As prices continue to rise in the midst of one of the largest periods of inflation America has ever seen, Dr. Christopher Thornburg, an economist and cofounder of Beacon Economics, joined the studio to offer advice on how people can prepare for "recession shock."
A warning from Bank of America has brought more questions than answers as experts warn of an oncoming recession. Dr. Richard Thornburg, an economist and founding partner of Beacon Economics, joined the studio to discuss the potential "recession shock" and what it means.
Price of gasoline, food and shelter rose in March, driving inflation to its highest level in more than 40 years.
It's the Biden administration's latest attempt to bring gas prices down for Americans.
A civil jury in California found 88-year-old Bill Cosby liable for drugging and sexually assaulting Donna Motsinger in 1972, and awarded her $19.25 million.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
The overnight closures will allow crews to prepare the work zone ahead of the bridge's full closure scheduled for Nov. 1, 2026.
Karla Murillo recently found out she'll spend the next three to seven years next door at UCLA's prestigious Stein Eye Institute.
The reclusive billionaire bought a majority stake in OnlyFans in 2018, growing the site into a major adult content platform.
A civil jury in California found 88-year-old Bill Cosby liable for drugging and sexually assaulting Donna Motsinger in 1972, and awarded her $19.25 million.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
The overnight closures will allow crews to prepare the work zone ahead of the bridge's full closure scheduled for Nov. 1, 2026.
Karla Murillo recently found out she'll spend the next three to seven years next door at UCLA's prestigious Stein Eye Institute.
The reclusive billionaire bought a majority stake in OnlyFans in 2018, growing the site into a major adult content platform.
The overnight closures will allow crews to prepare the work zone ahead of the bridge's full closure scheduled for Nov. 1, 2026.
Karla Murillo recently found out she'll spend the next three to seven years next door at UCLA's prestigious Stein Eye Institute.
One person was hospitalized and five others were injured in a stabbing in downtown Los Angeles on Sunday afternoon, according to firefighters.
A 34-year-old man and a 71-year-old woman were hospitalized after a two-story apartment building caught fire in El Sereno at around 4 a.m. on Sunday.
A woman and a dog were killed in the Beverly Grove neighborhood in a shooting that stemmed from a domestic incident early Sunday morning, according to Los Angeles police.
Bluey, Bingo and the Heeler family made their grand debut at Disneyland Park on Sunday, with the "Bluey's Best Day Ever" fan experience that transports visitors into the heart of the acclaimed animated series.
One person was killed when a Westminster home was engulfed in flames on Tuesday night, according to the Orange County Fire Authority.
After Bill Kerwin's health saw a rapid decline while battling Stage 4 pancreatic cancer, 16 of his family's closest friends came together to make sure that he could see his daughter, Abbi, graduate from Huntington Beach High School with an early ceremony on Monday evening.
Federal officials appealed a judge's decision to dismiss a deportation case against Narciso Barranco, the father of three U.S. Marines in Orange County.
A Seal Beach woman in her 70s was hospitalized after she was hit by a young man on an electric motorcycle.
More than 20 years after an investigation into a Moreno Valley homicide began, Riverside County deputies have finally made an arrest.
Authorities have arrested a man wanted in connection with a crash in Moreno Valley that killed a 25-year-old woman in January.
Two more people have been arrested in connection with a possible murder-for-hire that left a 30-year-old man dead at a Murrieta apartment complex in January, according to police.
Corona Police shot and killed a man accused of stabbing a woman to death inside an apartment Thurday morning.
LA County deputies also seized $1 million in cash during the two-month operation.
A civil jury in California found 88-year-old Bill Cosby liable for drugging and sexually assaulting Donna Motsinger in 1972, and awarded her $19.25 million.
The reclusive billionaire bought a majority stake in OnlyFans in 2018, growing the site into a major adult content platform.
The Trump administration began deploying U.S. Immigration and Customs Enforcement agents to some of the busiest airports in the country Monday morning.
The Supreme Court is considering a challenge to a Mississippi law that allows ballots that are postmarked by but received up to five days after Election Day to be counted.
Two pilots were killed and dozens of people were injured at New York's LaGuardia Airport late Sunday night when an arriving Air Canada Express plane and a fire-and-rescue vehicle collided, authorities said.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
The Trump administration began deploying U.S. Immigration and Customs Enforcement agents to some of the busiest airports in the country Monday morning.
The Supreme Court is considering a challenge to a Mississippi law that allows ballots that are postmarked by but received up to five days after Election Day to be counted.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
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.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
LA County public health officials issued a bacteria warning at several beaches as a potentially record-breaking heat wave arrives in Southern California.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
A nonprofit that booked a Social Agent said it's a lot cheaper than hiring someone to do their social media full-time. A typical job runs about $200, with same-day delivery, and if clients already have footage, they can upload it and get a finished piece.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
Nick Schmaltz scored his second goal of the game on a break at 1:46 of overtime to give the Utah Mammoth a 4-3 victory over the Los Angeles Kings on Sunday night.
Alex Karaban scored a career-high 27 points and had Bill Murray and the rest of the UConn crowd roaring with each splashed 3 as he helped send the second-seeded Huskies back to the Sweet 16 with a 73-57 win over UCLA in the NCAA Tournament on Sunday night.
Troy Terry scored 1:29 into overtime for his second goal of the game after Mikael Granlund tied it late in regulation and the Anaheim Ducks rallied to defeat the Buffalo Sabres 6-5.
Los Angeles Lakers star Luka Doncic is clear to play Monday night at Detroit after the NBA rescinded his 16th technical foul of the season.
Portland's Kristoffer Velde scored in the 13th minute and Timbers defender Kamal Miller picked up a red card seven minutes later, but James Pantemis surrendered only a João Klauss goal to help them hold on for a 1-1 draw with the Los Angeles Galaxy on Sunday.
Bluey, Bingo and the Heeler family made their grand debut at Disneyland Park on Sunday, with the "Bluey's Best Day Ever" fan experience that transports visitors into the heart of the acclaimed animated series.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
This week's Let's Go Places takes you to a beachfront treasure along the sand in Malibu. CBS LA's Alex Biston takes us inside the Adamson House.
Justin Khosrowabadi, from the LA Animal Services, encourages people to adopt or foster puppies from their local shelter. He says they should also be mindful of the responsibilities that come with caring for a puppy.
Lifestyle expert and Go-To Girlfriend Sadie Murray shares female-founded brands to support during Women’s History Month.
United Airlines announced it would be cutting flights over the next six months as it prepares for jet fuel prices to soar due to the war in Iran. Katy Nastro, a travel expert at Going.com, says people should consider booking their summer flights now before prices continue to rise.
CBS LA morning anchor Jamie Yuccas sits down with self-help author and blogger Mark Manson. They talk about how his career has evolved and his new interest in AI.
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.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
