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Breaking down December’s inflation report

CBS News Business analyst Jill Schlesinger breaks down the latest numbers, and how consumers are feeling about prices.

Jan 12, 2023 (02:55)

Measles cases continue to rise, Fridley High School educators on leave and other headlines

Measles cases continue to rise, Fridley High School educators on leave and other headlines

Travelers at MSP are still feeling the effects of Friday's ground stop

Travelers at MSP are still feeling the effects of Friday's ground stop

High pressure keeping Minnesota's weather quiet for several days | Nov. 14, 2026

High pressure keeping Minnesota's weather quiet for several days | Nov. 14, 2026

High School Sports Rally: Fall state tournaments underway in Minnesota

High School Sports Rally: Fall state tournaments underway in Minnesota

Minnesota weather to feature weekend temps in the 40s | Nov. 13, 2026

Minnesota weather to feature weekend temps in the 40s | Nov. 13, 2026

Nationwide ground stop lifted; Duffy links comms outage to data overload

Nationwide ground stop lifted; Duffy links comms outage to data overload

Demand grows at Minnesota's largest food bank

Demand grows at Minnesota's largest food bank

The decades-long journey of a painting now on display in Minneapolis

The decades-long journey of a painting now on display in Minneapolis

Minneapolis environmentalist, planner unhappy with approved data center regulations

Minneapolis environmentalist, planner unhappy with approved data center regulations

BCA finance and fraud agents investigate at Fridley Public Schools

BCA finance and fraud agents investigate at Fridley Public Schools

Kill Room Crew music collective helping the next generation of singers

Kill Room Crew music collective helping the next generation of singers

FAA's nationwide ground stop halts flights at MSP Airport

FAA's nationwide ground stop halts flights at MSP Airport

Celebrate Hewing Hotel’s 10th anniversary with 20% off a stay of two or more nights

Celebrate Hewing Hotel’s 10th anniversary with 20% off a stay of two or more nights

Meet Delia, a calm senior dog from Ruff Start Rescue who is hard of hearing

Meet Delia, a calm senior dog from Ruff Start Rescue who is hard of hearing

“I don’t think we’re getting out of here tonight”: Passengers describe ground stop at MSP

“I don’t think we’re getting out of here tonight”: Passengers describe ground stop at MSP

Cris Carter surprises WCCO’s studio to talk Kirk Cousins, promote the Salvation Army kettle kickof

Cris Carter surprises WCCO’s studio to talk Kirk Cousins, promote the Salvation Army kettle kickof

WCCO digital headlines: Afternoon of Nov. 13, 2026

WCCO digital headlines: Afternoon of Nov. 13, 2026

Minnesota weather: Friday the 13th will be coldest night of the season so far, in low 20s

Minnesota weather: Friday the 13th will be coldest night of the season so far, in low 20s

Sunny, milder weekend weather in Minnesota | Nov. 13, 2026

Sunny, milder weekend weather in Minnesota | Nov. 13, 2026

Food shelf gets 2.5-ton honey donation ahead of holiday baking season

Food shelf gets 2.5-ton honey donation ahead of holiday baking season

Chicken Salad Chick opens its second Minnesota restaurant in Maple Grove

Chicken Salad Chick opens its second Minnesota restaurant in Maple Grove

Animal Humane Society will triple gifts up to $50K during Animal Shelter Week, Give to the Max Day

Animal Humane Society will triple gifts up to $50K during Animal Shelter Week, Give to the Max Day

Cossetta’s owner Dave Cossetta died in Rome days after restaurant’s panettone won 2 world awards

Cossetta’s owner Dave Cossetta died in Rome days after restaurant’s panettone won 2 world awards

Minnesota weather: A warm-up in the 50s next week, with some models showing the low 60s

Minnesota weather: A warm-up in the 50s next week, with some models showing the low 60s

ICE opens western Minnesota detention center, and more headlines

ICE opens western Minnesota detention center, and more headlines

4 Your Weekend: Duck migration, roller derby, ice skating and more

4 Your Weekend: Duck migration, roller derby, ice skating and more

Chilly weather to end workweek in Minnesota, but warm-up ahead | Nov. 13, 2026

Chilly weather to end workweek in Minnesota, but warm-up ahead | Nov. 13, 2026

Two brothers making their mark on Minnesota State football’s defense

Two brothers making their mark on Minnesota State football’s defense

Fans come from around the world to take part in Vikings-Packers rivalry

Fans come from around the world to take part in Vikings-Packers rivalry

Dry stretch continues for Minnesota as temps cool | Nov. 12, 2026

Dry stretch continues for Minnesota as temps cool | Nov. 12, 2026

Minneapolis approves some regulations for data centers

Minneapolis approves some regulations for data centers

Richfield debates future of Flock cameras

Richfield debates future of Flock cameras

Trump administration withholds $113M in Medicaid payments to Minnesota

Trump administration withholds $113M in Medicaid payments to Minnesota

St. Paul pharmacy helping residents displaced by fire

St. Paul pharmacy helping residents displaced by fire

DFL lawmakers renew push to pass Minnesota’s Equal Rights Amendment

DFL lawmakers renew push to pass Minnesota’s Equal Rights Amendment

Minneapolis City Council rejects Bill Peterson for permanent police chief role

Minneapolis City Council rejects Bill Peterson for permanent police chief role

Cossetta’s owner Dave Cossetta dies unexpectedly in Rome

Cossetta’s owner Dave Cossetta dies unexpectedly in Rome

ICE facility opens at former prison in Appleton, Minnesota, DHS says

ICE facility opens at former prison in Appleton, Minnesota, DHS says

Widespread Microsoft outage leaves users unable to send or receive Outlook emails

Widespread Microsoft outage leaves users unable to send or receive Outlook emails

Minneapolis City Council votes 8-5 against Bill Peterson for police chief

Minneapolis City Council votes 8-5 against Bill Peterson for police chief

Minnesota weather stays cold and sunny into the weekend, then warms up next week | Nov. 12, 2026

Minnesota weather stays cold and sunny into the weekend, then warms up next week | Nov. 12, 2026

Stressed about the Thanksgiving menu? Minnesota chef Alicia Hinze has you covered

Stressed about the Thanksgiving menu? Minnesota chef Alicia Hinze has you covered

Minnesota AG Keith Ellison says he plans to keep battling the Trump administration

Minnesota AG Keith Ellison says he plans to keep battling the Trump administration

Give to the Max Day is one week away as nonprofits hope for another wave of generosity

Give to the Max Day is one week away as nonprofits hope for another wave of generosity

Cooler, quiet weather on the way for Minnesota | Nov. 12, 2026

Cooler, quiet weather on the way for Minnesota | Nov. 12, 2026

Trump says he’s asked Vance to focus on “corruption” in Democrat-run states, including Minneso

Trump says he’s asked Vance to focus on “corruption” in Democrat-run states, including Minneso

DFL lawmaker Dan Wolgamott arrested in suspected DWI crash in St. Cloud

DFL lawmaker Dan Wolgamott arrested in suspected DWI crash in St. Cloud

New campaign launches to push Minnesota’s Equal Rights Amendment

New campaign launches to push Minnesota’s Equal Rights Amendment

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