Walmart cuts prices on thousands of items, including beef and soda
President Trump praised Walmart and said the lower prices are the result of "my Administration's request to celebrate our great Country's 250th birthday."
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President Trump praised Walmart and said the lower prices are the result of "my Administration's request to celebrate our great Country's 250th birthday."
Gas prices have jumped 28% from last year, reaching the highest level since July 2022, as the Iran war continues to restrict global oil supplies.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
With higher prices for beef, customers are looking for alternatives.
Economists had expected CPI to rise at an annual rate of 3% last month.
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.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Adult customers admit to ordering from kids' menus to save money and eat smaller portions, a new survey shows.
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.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
The across-the-board 10 percent tariffs apply to a wide range of imported materials and goods.
Some consumers support the tariffs, believing they will benefit the U.S. economy in the long run.
Americans express concern about their ability to pay bills and save money.
New filing in Trump's Capital One case spotlights the challenge of proving political bias when banks can broadly close accounts at their discretion.
Michael Joseph Simpson, 51, is in custody after deputies accused him of attempting to kill a diver during a dispute over a lobster diving spot in Biscayne Bay during Florida's two-day recreational lobster mini season.
Ozzie Albies and Austin Riley hit home runs and the Atlanta Braves extended their winning streak to six games with a 4-2 victory over the Miami Marlins on Tuesday night.
BrokerChooser analyzed 2024 FBI fraud data and compared reported cryptocurrency losses with the cost of in-state college tuition.
Claudia Rodriguez, who previously held Temporary Protected Status (TPS), described the conditions inside the facility as unsanitary, alleging that the room and toilets were rarely cleaned.
New filing in Trump's Capital One case spotlights the challenge of proving political bias when banks can broadly close accounts at their discretion.
Michael Joseph Simpson, 51, is in custody after deputies accused him of attempting to kill a diver during a dispute over a lobster diving spot in Biscayne Bay during Florida's two-day recreational lobster mini season.
Ozzie Albies and Austin Riley hit home runs and the Atlanta Braves extended their winning streak to six games with a 4-2 victory over the Miami Marlins on Tuesday night.
BrokerChooser analyzed 2024 FBI fraud data and compared reported cryptocurrency losses with the cost of in-state college tuition.
Claudia Rodriguez, who previously held Temporary Protected Status (TPS), described the conditions inside the facility as unsanitary, alleging that the room and toilets were rarely cleaned.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
A senior State Department official said the visa would be reinstated immediately if Brazil grants diplomatic approval for President Trump's nominee for U.S. ambassador to Brazil, Daniel Perez.
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
U.S. Attorney for D.C. Jeanine Pirro was seen with a large box as she left the White House Monday after her meeting with President Trump.
The Justice Department argued that the Jan. 6, 2021, rioters had until Jan. 6, 2023, to sue the federal government under the Federal Tort Claims Act, missing the deadline to file a lawsuit by over two years.
Some of the key Florida races this year include the race for governor and U.S. senator.
Months after leaving TV news, Rodriguez is competing against former prosecutor Robin Peguero for the CD-27 nomination.
On Sunday, Collins spoke about the ruling on this week in South Florida and explained why he believes he is trailing the Republican frontrunner, Byron Donalds.
CBS Miami's Jim DeFede spoke to former Republican State Senator Jeff Brandes, president of the Florida Policy Project, who is behind one of those lawsuits.
As Florida attorney general, it was Moody and her office that approved the diversion of $10 million of taxpayer money to the Hope Florida Foundation
The sordid life of Fabian Basabe is one CBS Miami first began covering on this show three years ago.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.