Inflation runs hot for a third straight month, led by by gas and rent
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
Watch CBS News
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Discount grocery giant Aldi expects to build more stores in the Midwest, Northeast and select U.S. cities
Higher food prices partly caused the hotter-than-expected inflation report. Getting pinched at the grocery store is souring Americans on the economy.
Consumer prices in January rose 3.1% from a year earlier, higher than economists had forecast, as food and housing costs jumped.
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
The U.S. housing market slumped badly last year amid surging mortgage and a dearth of affordable properties, new data shows.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
The Federal Reserve's preferred measure of inflation fell last month in another sign that prices are easing.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Many feel worse off than their parents' generation as income isn't keeping up.
After more than two years of price hikes, consumers are finally getting breaks on some items. That could help push inflation closer to 2%.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
About 60% of American workers say their income has lagged inflation over the past 12 months, survey shows.
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
The lavish, and stunningly bird-laden, holiday gift-giving ritual from the song is more expensive than ever before.
Stressed consumers faced with pressure from inflation and credit card debt are relying on the lure of big deals to fuel their shopping.
The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
In a boon for consumers, falling commodity prices are likely to bring down the cost of sugar, coffee, corn and soybeans.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
Eliott Rodriguez spoke with members of the Kendall Federation of Homeowner Associations about the pressing issues they felt weren't being addressed.
Women appear to be leading that trend
Nolan Wells, 18, was found dead just off Horn Island in Mississippi after enjoying a day out with friends on July 4.
LeBron James last month announced he would not be returning to the Los Angeles Lakers.
The identity of the victim has not yet been released.
A fire investigator is working to determine the cause of the blaze.
Our rain chances and temperatures will trend even higher for the end of the workweek into the weekend.
Nolan Wells, 18, was found dead just off Horn Island in Mississippi after enjoying a day out with friends on July 4.
LeBron James last month announced he would not be returning to the Los Angeles Lakers.
The identity of the victim has not yet been released.
A fire investigator is working to determine the cause of the blaze.
Our rain chances and temperatures will trend even higher for the end of the workweek into the weekend.
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.
More than 43,000 immigrants were arrested last month as DHS continues to detain people in less-publicized enforcement surges.
The Office of Personnel Management said it will "pseudonymize" medical records it collects on more than 8 million people — federal workers and retirees, and their family members.
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
The sordid life of Fabian Basabe is one CBS Miami first began covering on this show three years ago.
Larkin spoke this week to CBS News Miami's Jim DeFede.
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.
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.
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.
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.
A lawyer says influencer brothers Andrew and Tristan Tate will fight extradition to the United Kingdom.
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.