Inflation surged in March as Iran war drove up energy costs
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
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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.
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.
The U.S. Labor Department reports that grocery prices were up 1.8% in December compared to the previous year.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Police say the suspect admitted to the shooting and was found with a gun after two men in their 20s were killed inside a Miami apartment.
Authorities are searching for Andrew Jansen of Palmetto Bay after he was hired through a pet-sitting website to care for an Air Force airman's dog, which was later found dead in Colorado.
From a round of golf with Scottie Scheffler to private dinners around Miami and a splashy event at Carbone, the new Cadillac Formula 1 team was everywhere.
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
The new map makes significant changes to 21 of Florida's 28 congressional districts.
Police say the suspect admitted to the shooting and was found with a gun after two men in their 20s were killed inside a Miami apartment.
Authorities are searching for Andrew Jansen of Palmetto Bay after he was hired through a pet-sitting website to care for an Air Force airman's dog, which was later found dead in Colorado.
From a round of golf with Scottie Scheffler to private dinners around Miami and a splashy event at Carbone, the new Cadillac Formula 1 team was everywhere.
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
The new map makes significant changes to 21 of Florida's 28 congressional districts.
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 federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
The incident occurred one week after shots were fired during the White House Correspondents' Dinner in Washington, D.C., and Mr. Trump was rushed off the dais.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
Before this map was created, there were 20 districts that favored Republicans and eight that favored Democrats.
State lawmakers approved the new map, which deeply affects both Wasserman Schultz and fellow Democratic congressman Jared Moskowitz.
Several commissioners have raised questions about how the center would be funded in future years.
In an interview on Facing South Florida, Wasserman Schultz said the Governor's efforts to redraw the maps will almost certainly violate the Fair Districts constitutional amendment voters in Florida passed in 2010.
The center – which was promised to voters back in 2004 – would take mentally ill individuals out of the jail and move them into a place where they can receive comprehensive treatment and support.
Luna said she expects Florida Democrat Sheila Cherfilus-McCormick to be the next member who either resigns or gets expelled.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
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.
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.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
Attending this year's Kentucky Derby meant more for thoroughbred expert Mark Toothaker, who suffered a seizure from laughing at a whiffed NFL field goal attempt that led to a lifesaving diagnosis.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.