Food banks see increase in demand with rising inflation
Jasmine Viel reports on how the spike in inflation, which drives up the cost of everyday goods and services, has also driven up demand at local food banks.
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Jasmine Viel reports on how the spike in inflation, which drives up the cost of everyday goods and services, has also driven up demand at local food banks.
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
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.
An animal rescue took in a sick pony after spotting it walking around streets in South Los Angeles.
Shohei Ohtani doesn't need to put up huge numbers in October for Los Angeles Dodgers manager Dave Roberts to be thrilled with his success following his latest injury absence.
The Los Angeles Sparks have fired coach Lynne Roberts a day after her team missed the playoffs for the second straight year under her leadership.
Aerial footage showed nine vehicles involved, with a black pickup truck flipped onto a median, on its side, and on top of another crushed vehicle.
Wouter, a K9 with the Redondo Beach Police Department, is recovering after a suspect bit off a part of his ear during a standoff.
An animal rescue took in a sick pony after spotting it walking around streets in South Los Angeles.
Shohei Ohtani doesn't need to put up huge numbers in October for Los Angeles Dodgers manager Dave Roberts to be thrilled with his success following his latest injury absence.
The Los Angeles Sparks have fired coach Lynne Roberts a day after her team missed the playoffs for the second straight year under her leadership.
Aerial footage showed nine vehicles involved, with a black pickup truck flipped onto a median, on its side, and on top of another crushed vehicle.
Wouter, a K9 with the Redondo Beach Police Department, is recovering after a suspect bit off a part of his ear during a standoff.
An animal rescue took in a sick pony after spotting it walking around streets in South Los Angeles.
Shohei Ohtani doesn't need to put up huge numbers in October for Los Angeles Dodgers manager Dave Roberts to be thrilled with his success following his latest injury absence.
The Los Angeles Sparks have fired coach Lynne Roberts a day after her team missed the playoffs for the second straight year under her leadership.
Aerial footage showed nine vehicles involved, with a black pickup truck flipped onto a median, on its side, and on top of another crushed vehicle.
Wouter, a K9 with the Redondo Beach Police Department, is recovering after a suspect bit off a part of his ear during a standoff.
This is the first time any sea turtle has been documented nesting along the U.S. West Coast. Experts say olive ridley sea turtles typically nest farther south, in the warmer waters of Baja California, but this year the ocean there is exceptionally warm.
With a hurricane forecast to bring powerful waves, Orange County is considering measures to protect sea turtle nests in Seal Beach.
The Irvine Police Department evacuated a shopping center after officers found a pipe bomb inside a car parked at a nearby gas station.
An Orange County family reunited with the Irvine police officers who saved their son's life after he was underwater and unconscious for nearly 10 minutes.
Wildlife experts say that a sea turtle has nested on a West Coast beach for the first time in recorded history after eggs were laid in both Seal Beach and Huntington Beach last week.
Riverside police arrested a former care facility employee for allegedly using a hidden camera to film other staff inside a bathroom.
A call came in to the San Bernardino County Fire Department around 9:58 a.m. about a single aircraft down.
The California Supreme Court ruled that Riverside County Sheriff Chad Bianco violated that state's election law by ordering his deputies to seize more than 650,000 ballots.
Months after a 13-year-old Rancho Cucamonga girl was left paralyzed from an injury sustained during a dance class, she's defying the odds and learning to walk again.
The San Bernardino Police Department said two victims and a gunman were hospitalized after a shooting Wednesday morning.
Taylor Swift announced her new single "Patient Zero" earlier this week, saying she has been "impatiently waiting" to announce that it will be out on Friday.
A Tennessee judge granted Dolly Parton's estate a temporary restraining order Wednesday against the late singer's nephew Bryan Seaver and his private security company.
A hurricane watch is in effect for Hawaii County due to the storm, which could dump up to 3 feet of rain on Hawaii's Big Island.
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
The ICE officer who shot a Venezuelan delivery driver was not wearing a body camera at the time of the shooting, sources familiar with the investigation told CBS News.
The day has been recognized by California since 1998, but it has not been a regular paid holiday for most state workers.
A California bill that would expand organized sports programs in state prisons is now on Gov. Gavin Newsom's desk after receiving unanimous support from lawmakers.
The California Supreme Court ruled that Riverside County Sheriff Chad Bianco violated that state's election law by ordering his deputies to seize more than 650,000 ballots.
Reporters whose White House access was revoked were allowed to enter the complex again, hours after a judge ordered the Trump administration to restore their press credentials.
Gov. Gavin Newsom has vetoed legislation that would have changed how California determines financial eligibility for some immigrants receiving state-funded food assistance.
Homeowners getting their insurance through the California FAIR Plan will soon be paying even more, but industry observers say it may be a good sign for the state's insurance market.
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.
Los Angeles County Department of Public Health officials on Monday reported that the county has recorded 100 West Nile virus cases this year, marking the highest number in nearly a decade.
The CDPH said an unvaccinated passenger who later was hospitalized with measles traveled around the country by train and bus, eventually moving through at least six California counties before heading to Denver, Colorado.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
California placed new restrictions on data centers, giving local communities more control over the electricity, land and water usage by the facilities.
About 43,000 people are expected to attend the annual AI and enterprise tech conference hosted by Salesforce which comes amid calls for a slowdown in AI developments.
Pest control company Terminix has agreed to pay $3.15 million to settle a lawsuit brought by 29 California counties alleging the company unlawfully disposed of pesticides and violated customer privacy laws.
As Californians prepare to celebrate Labor Day and the contributions of American workers, labor unions are raising alarms about what they see as a growing threat to the future of human work.
California regulators approved Waymo to expand its services in Los Angeles and the Bay Area, and to offer its autonomous ride-hailing service in Sacramento and San Diego in the future, the company said Friday.
The Los Angeles Sparks have fired coach Lynne Roberts a day after her team missed the playoffs for the second straight year under her leadership.
Manny Machado homered and drove in three runs as the San Diego Padres beat the Los Angeles Dodgers 5-1 to take sole possession of the top spot in the National League wild-card standings.
Donovan Walton hit a three-run homer and rookie Henry Bolte had his first four-hit game to help the Athletics beat the Los Angeles Angels 7-3 on Wednesday night.
Shohei Ohtani returns to the Dodgers' lineup after missing two weeks with right biceps discomfort.
Carlos Cortes and Zack Gelof each hit a two-run homer in the eighth inning as the Athletics rallied for a 7-6 victory over the Los Angeles Angels.
The MTV Video Music Awards are back in Los Angeles and CBS LA is celebrating ahead of the big event with a live red carpet special starting at 3 p.m. on Sunday.
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
Taylor Swift announced her new single "Patient Zero" earlier this week, saying she has been "impatiently waiting" to announce that it will be out on Friday.
A Tennessee judge granted Dolly Parton's estate a temporary restraining order Wednesday against the late singer's nephew Bryan Seaver and his private security company.
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was due to an accidental overdose of several drugs, including fentanyl.
Desmond Shaw flies to Griffith Park for tonight's Look At This!
In honor of 18-year-old Braun Levi, who was killed in a DUI crash while crossing a Manhattan Beach street last year, California Gov. Gavin Newsom signed "Braun's Law" today to crack down on DUI repeat offenders. Nicole Comstock reports.
Coastal communities across Southern California are preparing for potential erosion caused by remnants of Hurricane Polo, which is moving in the Pacific Ocean off Mexico's western coast. Brittney Ermon reports.
The Asian Business Association celebrated 50 years of honoring and supporting local businesses across Southern California.
Jose Diaz is living his dream as an assistant coach at his alma mater Wilson High School. On the football field, he's just one of the guys, and his disability, a mild case of cerebral palsy, doesn't slow him down.
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.
