Inflation hitting July 4th food shopping
Many items are even more expensive this year, while some staples are actually cheaper, CBS New York's Danya Bacchus reports.
Many items are even more expensive this year, while some staples are actually cheaper, CBS New York's Danya Bacchus reports.
Inflation has been slowing down in recent months, did that trend continue in May? We ask CBS News Business Analyst Jill Schlesinger to find out.
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
A recent study found one in four Americans cut back on or completely stopped putting money away for retirement because of inflation concerns. Chris Fucci, managing director of Three Generations Financial, says that could seriously derail your financial future.
Coffee chain says the charge is necessary because the cold juice drinks are more expensive to make when not diluted.
The U.S. goverment just released the latest report on inflation, and CBS News Business Analyst Jill Schlesinger is here to break it all down.
Prices rose at the slowest rate in two years amid the Federal Reserve's ongoing series of interest rate hikes.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Majority of respondents remain pessimistic about the economy as a whole, according to Primerica survey.
CBS Business Analyst Jill Schlesinger breaks down the latest inflation numbers.
Stubbornly high prices are continuing to ease, but remain far above Fed's target.
The Fed wants the labor market to cool off so inflation comes down, so what does this suggest about the overall trend for jobs? CBS News Business Analyst Jill Schlesinger breaks things down.
More than a third of consumers are struggling to stay afloat, but the problems are worse in some states.
CBS News business analyst Jill Schlesinger has the latest on inflation and what consumers need to know.
The Federal Reserve may face a quandary as it copes with still-high inflation combined with instability in the banking sector.
Extra SNAP benefits are estimated to have kept 4.2 million people out of poverty.
CBS News Business Analyst Jill Schlesinger is here to talk about the government's latest report on overall economic growth.
Lower-income Americans and seniors are among those hit hardest by stubbornly high grocery prices.
As consumers continue to feel the squeeze, the government just released the latest inflation report. CBS News Business Analyst Jill Schlesinger joins us to break it all down.
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
If Congress doesn't act, financial experts warn interest rates could go up on loans and mortgages, and the stock market could be in for another bumpy ride.
Consumer prices are down nationally, but experts said higher prices in our area are not surprising.
Inflation is finally slowing down, CBS2's Alice Gainer reports.
With inflation appearing to slow down nationwide, it means more money will be in your pockets -- even if the Tri-State Area's local report is showing a different outcome. CBS2's John Dias has the details.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Guy Rivera faces arraignment in the deadly shooting of NYPD Det. Jonathan Diller back in March in Far Rockaway, Queens.
Donald Trump's criminal trial resumes Tuesday, the day after jurors were given a deep look at accounting inside the former president's company.
An Israeli tank unit has rolled in to take "operational control" of the Gaza side of the crucial Rafah border crossing amid talks for a truce.
The 2024 Met Gala saw hundreds of celebrities looking their best on fashion's biggest night.
The Knicks grabbed Game 1 of the Eastern Conference semifinals with a 121-117 victory over the Pacers.
Guy Rivera faces arraignment in the deadly shooting of NYPD Det. Jonathan Diller back in March in Far Rockaway, Queens.
The 2024 Met Gala saw hundreds of celebrities looking their best on fashion's biggest night.
Riverdale resident Leo Shliselberg says despite the hardships he's experienced in life, the best medicine is laughter.
A Brooklyn firefighter is hailed a hero after officials say he rescued a man out of a burning car in front of his family.
The rabbi of one of three New York City synagogues that received a fake bomb threat this weekend is speaking out, saying "we will not be deterred."
Traffic was flowing on I-95 in Norwalk Monday after being shut down in both directions due to a fiery tractor-trailer crash last week.
I-95 fully reopened in both directions Sunday in Norwalk, Connecticut, days after a tanker truck caught fire and badly damaged a bridge.
Northbound lanes of I-95 have reopened in Norwalk, Connecticut after crews demolished a bridge that was damaged in a tanker truck fire.
As we progress into Sunday, light showers will become a steady rain, which may be moderate to heavy at times.
The I-95 overpass in Norwalk, Connecticut that was damaged in a fiery tanker truck crash is being demolished, but the highway remains partially closed.
A New Jersey state trooper died Sunday while training at the NJSP headquarters in Ewing, Mercer County, Gov. Phil Murphy said.
Princeton University students began a hunger strike on Friday in solidarity with the millions of Palestinians in Gaza as Israel's war against Hamas continues.
Rutgers University is responding to requests made by pro-Palestinian protesters after demonstrators dismantled their on-campus encampment Thursday.
As we progress into Sunday, light showers will become a steady rain, which may be moderate to heavy at times.
A special general election will be held in New Jersey in September to fill the House of Representatives seat left vacant by late Rep. Donald Payne Jr.
The land in East Farmingdale, near Republic Airport, has been vacant since the 1990s.
As we progress into Sunday, light showers will become a steady rain, which may be moderate to heavy at times.
The controversial New York City congestion pricing tolls set to start June 30 are facing another lawsuit, this time from Long Island.
Isis Navarro Reyes, of New York, allegedly posted TikTok videos marketing weight loss drugs that appeared to be Ozempic, Mesofrance and Axcion.
The suspect in a Long Island car crash that killed one man and three children in August 2023 has agreed to a plea deal.
Donald Trump's criminal trial resumes Tuesday, the day after jurors were given a deep look at accounting inside the former president's company.
Prosecutors are continuing to call witnesses in former President Donald Trump's criminal trial in New York, where jurors heard from a former Trump Organization executive.
Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.
A U.S. soldier has been detained in Russia, officials confirmed.
Israeli Prime Minister Benjamin Netanyahu's office says the proposal is "far from meeting Israel's core demands."
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
A New Jersey teenager says making music helps bring him to a better place as he fights cancer.
Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that's rocked the company.
Vicky Dennis went to the hospital with strange symptoms when she had COVID. Doctors found she had two undiagnosed, life-threatening diseases and needed a liver transplant to survive.
Joel Embiid has been experiencing Bell's palsy symptoms, he said after Philadelphia's 125-114 win over the New York Knicks.
The 2024 Met Gala saw hundreds of celebrities looking their best on fashion's biggest night.
The stars came out for the the 2024 Met Gala in New York City. See some of the most eye-catching outfits of the night.
'Bob Hearts Abishola', the acclaimed comedy, is signing off after its fifth season on CBS.
It's widely known the Met Gala itself includes a dinner and a performance. But aside from bathroom selfies and elevator clips, the gala itself isn't recorded.
It's almost time for the 2024 Met Gala, and we a have look at when the red carpet starts and how long it will last before it ends.
The Knicks grabbed Game 1 of the Eastern Conference semifinals with a 121-117 victory over the Pacers.
Sean Manaea, Brandon Nimmo and Edwin Diaz powered the Mets to a 4-3 win over the Cardinals on Monday.
Tom Brady took his share of barbs from comedians, former teammates and his longtime coach during a made-for-streaming comedy live event on Netflix -- but one joke seemed to anger him.
Mika Zibenejad scored twice in the Rangers' 4-3 win over the Hurricanes in Game 1 of the NHL Playoffs second-round series at Madison Square Garden.
Rafael Navarro scored early, Cole Bassett had an assist and a late goal and Zack Steffen notched his first clean sheet with Colorado as the Rapids beat NYCFC for the first time at rainy Citi Field.
Riverdale resident Leo Shliselberg says despite the hardships he's experienced in life, the best medicine is laughter.
A Brooklyn firefighter is hailed a hero after officials say he rescued a man out of a burning car in front of his family.
Millions of stamps designed by Brooklyn artist, Kim Parker, are decorating postage envelopes nationwide.
"Swans of Harlem" tells the story of five ballerinas in the early days of Dance Theatre of Harlem.
In light of budget cuts to New York City's public library systems, a Park Slope man decided to launch a fundraiser to support the Brooklyn Public Library.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
Chopper 2 is over the scene where police say four officers were hurt while responding to a 911 call Tuesday morning in Manhattan.
CBS New York's First Alert Weather team has the latest forecast.
This will be the suspected gunman's first court appearance in the case. He is charged with murder in the traffic stop shooting that killed Diller back in March in Queens. CBS New York's Elijah Westbrook reports.
Pro-Palestinian protesters departed Hunter College on Monday and descended on the Met Gala in New York City. Police say 27 people were arrested. CBS New York's Christina Fan has the details.
Watch celebrity interviews and see the boldest outfits on the red carpet at the 2024 Met Gala.