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.
A Jamaican dancehall artist who performs in the U.S. on a temporary visa is facing a federal gun charge after investigators say deputies found multiple firearms and dozens of rounds of ammunition following a high-speed chase in South Georgia.
Heihachiro Nakashima was arrested on Tuesday and charged with engaging in Lewd or Lascivious activity with a student.
The action by DeSantis sets up two executions to take place at Florida State Prison on July 28, with James Aren Duckett scheduled to die at noon and Dominick Anthony Occhicone, 80, at 6 p.m., both by lethal injection.
The suspect was arrested and charged with Shooting a Deadly Missile from a Moving Vehicle
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
A Jamaican dancehall artist who performs in the U.S. on a temporary visa is facing a federal gun charge after investigators say deputies found multiple firearms and dozens of rounds of ammunition following a high-speed chase in South Georgia.
Heihachiro Nakashima was arrested on Tuesday and charged with engaging in Lewd or Lascivious activity with a student.
The action by DeSantis sets up two executions to take place at Florida State Prison on July 28, with James Aren Duckett scheduled to die at noon and Dominick Anthony Occhicone, 80, at 6 p.m., both by lethal injection.
The suspect was arrested and charged with Shooting a Deadly Missile from a Moving Vehicle
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
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.
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
Acting Attorney General Todd Blanche testified Wednesday before the Senate Judiciary Committee for his confirmation hearing to lead the Justice Department in a permanent capacity.
Every ICE arrest team will have at least one law enforcement officer equipped with a body-worn camera going forward, DHS said Tuesday, after two fatal shootings by agents who didn't have cameras.
The measure also allows states to opt out if they take action before the federal law is enacted.
President Trump said the Lincoln Memorial Reflecting Pool was drained for repairs, after weeks of railing against alleged vandals.
Dotie Joseph said after talking with neighbors and looking at the field, she thinks she has plenty of experience to assume the governorship.
Perhaps the most controversial cut DeSantis made was the $15 million that would have gone to fund security efforts at Catholic schools in Miami-Dade County.
The likely Republican candidate for governor, Congressman Byron Donalds, said he would vote for it, but as he told CBS Miami's Jim DeFede, if it does fail, they will tackle the issue again next year.
Florida Attorney General James Uthmeier has avoided talking about both topics with opponents calling him "the most corrupt attorney general Florida has had."
On Thursday, Governor Ron DeSantis announced the closing of Alligator Alcatraz, the highly controversial immigration detention center that was the subject of numerous lawsuits as well as allegations of abuse.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
A recall has been issued for frozen blueberries sold at Publix stores in Georgia, Florida and other Southern states after 12 people became sick, the FDA says.
A new Florida law requires drug prescribers to complete sickle cell training, aiming to improve care and address stigma faced by patients.
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.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
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.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
A total of 22,141 fans wore the caps in London's Hyde Park on Friday ahead of his set at the British Summer Time festival.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.