Here's when the 8.7% Social Security hike will arrive in 2023
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
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Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
State regulators Tuesday approved utility costs that will translate to higher electric bills in January for homeowners and businesses - and the pain won't end there.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
Thanksgiving dinner will cost more than in previous years.
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
The 10 most popular candy brands have seen an average price increase of 13% since 2021, according to Datasembly.
Natalie Brand reports Republicans say inflation is out of control and blame the Democrats.
The issues have forced concession companies to get creative in an effort to address the rising costs.
"Unless significant conservation actions are taken, the United States is likely to cause the first anthropogenic extinction of a great whale species," scientists said.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
CBS4's Danya Bacchus reports on the recent holiday inflation that leaves those reconsidering.
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
Nation is edging closer to statutory debt ceiling of $31.4 trillion. "We are addicted to debt," one expert said.
Sharp drop in job openings will be welcomed by Fed Reserve as it pushes to raise unemployment to cool inflation.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
Walmart and Target plan to begin offering deals earlier this year to ease sting of soaring inflation on shoppers.
Borrowing costs rose to their highest level in 14 years, and more interest-rate hikes are likely, Fed signaled.
Government says inflation is cooling off, slightly.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
BSO says William Forhan was robbed and pursued the suspect, firing his gun numerous times. One of the bullets traveled into a home on NE 24th Ave., striking a woman in both legs and also hitting her pet cat.
Rickey Smiley was in Miami for a promotional event on Friday. Before that, HOT 105 hosted a meet-and-eat event with Smiley and his fans. The station's program director extended a special invitation to Denise Kinsler to attend.
The removed assistant sheriffs are Eric Garcia, Shawn Browne, and Brian Rafky.
According to court records, Daniel James Riggs, 33, worked as a tennis coach for Team Riggs at a tennis center in Fort Lauderdale, where he used social media accounts to send sexually explicit messages to two of his students.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
BSO says William Forhan was robbed and pursued the suspect, firing his gun numerous times. One of the bullets traveled into a home on NE 24th Ave., striking a woman in both legs and also hitting her pet cat.
Rickey Smiley was in Miami for a promotional event on Friday. Before that, HOT 105 hosted a meet-and-eat event with Smiley and his fans. The station's program director extended a special invitation to Denise Kinsler to attend.
Basketball fans can fill out their NCAA tournament predictions for a chance to win $1,000 in the CBS Miami Bracket Challenge before the full tournament begins on March 19.
The removed assistant sheriffs are Eric Garcia, Shawn Browne, and Brian Rafky.
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.
The subpoena issued by GOP Rep. James Comer of Kentucky requires Bondi to appear for a deposition on April 14.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
President Trump has invited farmers and biofuels producers to the White House for an event next week as the industry awaits the government's announcement on mandates for the fuel additives.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
Nixon is in the Democratic primary against Alex Vindman, the retired lieutenant colonel who was instrumental in causing Trump's first impeachment.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
For the first time, Donalds acknowledges that he didn't just possess marijuana, but that he was also dealing at the time.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
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.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
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.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
As Kumail Nanjiani took the stage to announce the winner for Best Live-Action Short at the 98th annual Academy Awards, the actor exclaimed: "And the Oscar goes to ... it's a tie."
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.