Inflation rate rose by 2.7% in July, CPI report shows
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
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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.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
For millions of people around the U.S., financial stability amounts to a "rare luxury," Bankrate survey finds.
In a recent CBS News poll, two out of three Americans told us they're stressed about their own finances. Three out of four said their incomes are not keeping up with inflation.
Last fall, more than 80% of voters said the economy and inflation drove them to the polls. That includes the rising price of gas and groceries.
Susan-Elizabeth Littlefield has been tracking gas and grocery prices at several locations across the Twin Cities.
High temperatures and rising electricity costs could boost home energy bills by 6% this summer, a new report says.
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.
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
The Postal Service contends, as it did last year before a similar increase, that the price hike is needed to achieve financial stability.
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.
CBS News Business Analyst Jill Schlesinger discusses the results and the recent swings in the stock market.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
We've been talking a lot about how hard shoppers are getting hit by grocery prices, but grocery stores feel squeezed too. The good news is the increases seem to be leveling up. Groceries went up 11% in 2022, 5% in 2023 and 1% in 2024. Susan-Elizabeth Littlefield shows us how a local neighborhood grocer is getting creative in this week's Price Check.
The Federal Reserve Bank of Minneapolis shared the results of its latest survey on Tuesday involving six states, including Minnesota and parts of Wisconsin.
Nick Foulks with Great Waters Financial has tips for how people can cope with the higher cost of living.
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.
On a hot summer day, about 250 people decided that a sprint through the mud was the best way to spend time.
Royce Lewis hit a two-run homer and sparked the go-ahead rally with a seventh-inning double as the Minnesota Twins beat the Los Angeles Angels 5-3.
Kayla McBride scored 14 of her 25 points in the fourth quarter, Olivia Miles added 23 points after missing two games and the Minnesota Lynx edged the New York Liberty 90-85.
The Minneapolis Fire Department is investigating after a fire at Jakeeno's Pizza and Pasta that happened early Saturday morning.
Wright County, Minnesota, sheriff's deputies are investigating after a vehicle hit a man, injuring him and killing his dog Friday morning.
On a hot summer day, about 250 people decided that a sprint through the mud was the best way to spend time.
The Minneapolis Fire Department is investigating after a fire at Jakeeno's Pizza and Pasta that happened early Saturday morning.
For six weeks in the summer, Nellie Stone Johnson Elementary School in North Minneapolis is home to one of 12 Freedom Schools across the Twin Cities.
A St. Paul, Minnesota, neighborhood that has struggled to keep businesses might be turning a corner.
A pattern of vandalism targeting young trees along the riverfront in St. Paul, Minnesota, has cost the city upward of $100,000 in damages.
Wright County, Minnesota, sheriff's deputies are investigating after a vehicle hit a man, injuring him and killing his dog Friday morning.
People in the Boundary Waters Canoe Area Wilderness won't be able to have a campfire beginning Saturday due to "continued dry conditions" in northern Minnesota, according to the U.S. Forest Service.
A 62-year-old woman is dead after driving underneath a semitruck on a highway in Evergreen Township, Minnesota, on Thursday night, according to the Minnesota State Patrol.
The Federal Aviation Administration and National Transportation Safety Board are investigating after a small plane crashed in Winona County, Minnesota, Thursday evening.
Twenty-four months after Nikki Anderson disappeared without a trace in Dakota County, Minnesota, her sister says her family is left with no answers and plenty of questions.
A Wisconsin family lost their ten-month-old daughter after she swallowed a water bead. They blame Target and the water bead manufacturer for her death.
Francesca Hong has not backed away from calls to defund and abolish the police, raise taxes on the wealthy, and create a state-owned bank — positions now facing voters in a state Trump has carried twice.
A former Wisconsin judge will soon learn her sentence for felony obstruction for helping an immigrant evade federal officers.
The Wisconsin Supreme Court ruled 5-2 that guardianship records sought by the Wisconsin Voter Alliance to identify ineligible voters are not public records under state law.
Transportation Secretary Sean Duffy has transferred $1 million from his former congressional account to a super PAC supporting Michael Alfonso, his 26-year-old son-in-law, who is running for Duffy's old Wisconsin seat in an Aug. 11 primary.
The city of St. Paul, Minnesota, is taking a stand and closing encampments amid growing concerns.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
Tucked away in the Midway neighborhood in St. Paul is a community treasure many have come to love and respect.
What started as a small fundraiser following one of Joe's surgeries at Gillette Children's has grown into a community tradition that has raised nearly $100,000 for the hospital.
A trip to the video store was once a weekly ritual, and now one Minnesota movie lover is trying to bring that experience back.
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
Graham Platner had until 5 p.m. on Monday to formally suspend his campaign or he would remain on the ballot in November.
In the plan under discussion, the Secret Service and the White House would be able to open and close sections of the fencing, sources said.
Eight months ago, Hegseth told top military leaders there would be "no more beardos" and "fat troops."
President Trump said Friday he won't sign the law, but a U.S. official said he isn't expected to veto it either.
A Wisconsin family lost their ten-month-old daughter after she swallowed a water bead. They blame Target and the water bead manufacturer for her death.
For many Minnesotans, the road to the Fourth of July starts with a short drive across the St. Croix River to Wisconsin to stock up on fireworks. The kinds of pyrotechnics that can be legally ignited in Minnesota might be surprising.
Insurance experts say hail damage claims that once averaged $10,000–$15,000 now routinely reach $40,000–$60,000, even as many policies have shifted away from full replacement coverage.
Hundreds of workers, employed by Delaware North Company to serve food and drinks, say they are fighting for livable wages and healthcare benefits.
Target is tapping designer and TV personality Isaac Mizrahi for a newly created role as creative director at large as the discounter aims to reclaim its reputation for stylish clothing on a budget.
Two Burnsville, Minnesota, parents are facing charges after medical officials found their child had "extensive bruising" following a welfare check at their home, according to court documents filed on Friday.
A Twin Cities fire chief is accused of sexually assaulting and grooming a teen girl enrolled in the Fire Explorers job-shadowing program, charges filed in Anoka County reveal.
A 17-year-old boy faces a weapon charge in connection with the fatal shooting of another teen at a Twin Cities park on Sunday.
An employee at a St. Paul, Minnesota, daycare who was fired after allegedly hitting a 4-year-old in the face multiple times now faces a gross misdemeanor charge.
Two people were hospitalized after a domestic stabbing in Brooklyn Park, Minnesota, early Friday, according to police, and one of them will be jailed after release.
More than 75,000 Minnesotans have been approved for the state's paid family and medical leave program, which launched at the beginning of the year.
Skip the latest fad diet. The best way to manage your weight might already be sitting on your plate.
Dozens of Twin Cities hospice workers are walking the picket line Monday in a one-day strike after nearly a year of negotiations for an inaugural union contract.
As Mayor Jacob Frey pledges a crackdown at open-air drug markets in Minneapolis, WCCO found brutal honesty about the situation from people who say they actively participate in the illicit trade.
Noah Walden says he didn't notice anything unusual while eating. About three days later, he began experiencing stomach pain that continued to worsen over the next several days.
A St. Paul, Minnesota, neighborhood that has struggled to keep businesses might be turning a corner.
It's another action-packed weekend here in Minnesota, featuring hot dogs, book fairs, community celebrations and more.
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.
AI-generated actor Tilly Norwood is set to star in her first feature film, with her creator saying that "art will be imitating life."
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Royce Lewis hit a two-run homer and sparked the go-ahead rally with a seventh-inning double as the Minnesota Twins beat the Los Angeles Angels 5-3.
Kayla McBride scored 14 of her 25 points in the fourth quarter, Olivia Miles added 23 points after missing two games and the Minnesota Lynx edged the New York Liberty 90-85.
The Minnesota Twins announced Friday that catcher Ryan Jeffers has been reinstated from the 10-day injured list after missing nearly two months with a left hamate bone fracture.
Vaughn Grissom went 2 for 3 with a home run and two RBIs, and the Los Angeles Angels beat the Minnesota Twins 4-3 to snap a five-game skid at Target Field in Minneapolis.
Gavin Williams pitched seven dominant innings, Gabriel Arias, Chase DeLauter and Patrick Bailey hit home runs and the Cleveland Guardians beat the Minnesota Twins 5-2 to avoid a three-game sweep.
Minnesota Republicans head into an August primary shaped by a president who has lost the state three times but still commands outsized loyalty from its conservative base.
Minnesota Republicans head into an August primary shaped by a president who has lost the state three times but still commands outsized loyalty from its conservative base.
Mike Lindell, who leads the Minnesota Republican gubernatorial primary at 27%, is proposing conditional non-resident visas for undocumented immigrants with no criminal record — a position that differs from the Trump administration's approach.
Mike Lindell says he called President Trump before entering the Minnesota governor's race and asked for an endorsement, but Trump has not given one — though he said in December that Lindell deserves to be governor.
One of the most-watched primary match-ups pits Minnesota Lt. Gov. Peggy Flanagan against U.S. Congresswoman Angie Craig in the race for the DFL nomination for U.S. Senate.
There's a scenic, nearly century-old spot in St. Cloud, Minnesota, where right now you'll find thousands of flowers in bloom.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
It's a lake cruise in the middle of town, and there's more than pelicans on the Pelican Breeze tour in Albert Lea, Minnesota.
Currie, Minnesota, is truly small-town America. The population hovers at just over 200. But on the northern outskirts, you'll happen upon a place with plenty of bells and whistles: End-O-Line Railroad Park and Museum
School's out, summer's here, and if you're heading to the lake on Highway 10, you may just stumble upon hidden treasure.
Catching a flight with just a carry-on can make travel feel easy. No need to check a bag and all your belongings stay with you. But quite often, that suddenly changes before boarding.
Skip the latest fad diet. The best way to manage your weight might already be sitting on your plate.
There's no doubt your air conditioning unit is working overtime this week as oppressive heat blankets Minnesota.
In every corner of the metro, and across Minnesota, you'll find construction crews ripping up roads and rebuilding bridges. WCCO looks into whether the piles of rubble they create can get a second life.
Water beckons Minnesotans this time of year, especially our lakes. But something in it can turn us away, even if other animals and organisms need it.
The Minnesota State Fair has unveiled its new foods for 2026.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
Dangerous heat arrives on Sunday and sticks around through Tuesday. Meteorologist Lisa Meadows shares how hot it'll get and what you should know to stay safe.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
Hot and humid conditions are here to stay across Minnesota for the next several days. Meteorologist Adam Del Rosso has the latest on the heat wave.
Heat indexes will be above 90 degrees on Saturday and Sunday afternoon in the Twin Cities, according to NEXT Weather meteorologist Lisa Meadows.
High temperatures across the majority of Minnesota will be in the 80s or 90s on Saturday, according to NEXT Weather meteorologist Lisa Meadows.
Dangerous heat arrives on Sunday and sticks around through Tuesday. Meteorologist Lisa Meadows shares how hot it'll get and what you should know to stay safe.
250 runners take to the Minnewashta Mud Run.
An opportunity to take a trip around the world in a single day. The International Festival of Burnsville is taking place in July 18, 2026.
Lumberjack Days heads into Stillwater July 17-29, 2026. Here's what you can expect if you attend.
Freedom Schools across the Twin Cities foster environments that support young people.