Inflation showing signs of cooling off
News of inflation easing sent stock soaring, but the price of food is still consistently high, CBS2's Dick Brennan reports.
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News of inflation easing sent stock soaring, but the price of food is still consistently high, CBS2's Dick Brennan reports.
New data shows things are calming down just a bit. CBS2's John Dias explains why.
A slight decrease is expected, but it will still be a long way from the feds goal of 2%. CBS2's John Dias has the details.
We're going to be forced to pay more for almost everything we count on for the holiday, especially the turkey.
The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
Doctors say inflation is impacting nutrition as shoppers choose less expensive, often less healthy, options.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
A new report from Bankrate finds nearly 80% of people are changing their holiday travel plans because of rising prices, especially for flights.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
CBS News correspondent Meg Oliver takes a trip to the grocery store with consumer reports expert Brian Vines to learn small ways to save big in the grocery store.
The central bank said it is boosting rates by 0.75 percentage point. Expect to pay more for credit card debt and loans.
Disposable diapers can cost up to $80 per month per child, and with inflation, prices are even higher.
The 8.3 percent hike in the consumer price index is especially bad news for retirees living on fixed incomes.
Wall Street continues to find its footing Wednesday after stocks tumbled to their worst day in two years following the latest inflation report. CBS2's Elijah Westbrook spoke with consumers and experts to see how they're dealing with the squeeze on their finances.
Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
Inflation is doing a number on just about all supplies, but experts say there are steps that can save money, CBS2's Jennifer McLogan reports.
Airfares were down 7.8% in July compared to June, according to the latest numbers released by the Labor Department.
Consumer prices rose 8.5% over the past 12 months, marking a slowdown but still painfully high for millions of Americans.
The new report shows inflation slowed last month.
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Senators debated amendments to the economic bill, which contains many of President Biden's climate, energy, health and tax goals.
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
Sen. Kyrsten Sinema, a centrist who was seen as the pivotal vote, said in a statement that she had agreed to changes in the measure's tax and energy provisions.
The Labor Department said practically all jobs lost during the pandemic have been restored.
The economy shrank again in the second quarter, fueling debate about whether or not the country is in a recession. CBS News reports.
The New York Knicks routed the Chicago Bulls 136-96 on Friday night in a game they led by 47 points.
The surging Hawks routed the Nets 141-107 on Friday night for their fourth straight victory and 18th in 20 games.
The Flyers beat the Islanders 3-1 on Friday night to move within one point of the Islanders for third place in the Metropolitan Division.
Easter weekend kicks off with May-like weather in the New York area before rain returns for the holiday.
With just over one square mile of land, the City of Hoboken says the 2026 FIFA World Cup could be a once-in-a-generation opportunity for homeowners.
Easter weekend kicks off with May-like weather in the New York area before rain returns for the holiday.
New York City's attempt to reduce class sizes will likely be pushed back for two years, a state senator told CBS News New York.
Stony Brook University professor Timothy Glotch is one of 10 scientists selected to shape research plans for NASA's next Artemis missions.
The struggle for some dementia patients and caregivers just to get through the day can be daunting and stressful, but some programs in New York are helping alleviate stress.
Social media influencers are driving a dangerous trend of people trespassing to explore abandoned buildings, New York State Police say.
Easter weekend kicks off with May-like weather in the New York area before rain returns for the holiday.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Bridgeport firefighter Terrence Cramer was killed after his girlfriend's ex shot him in a fit of rage at a Connecticut home, according to an arrest warrant.
Jabari Bush is accused of fatally shooting active-duty Bridgeport Firefighter Terrence Cramer in Shelton, police said.
Warmer weather will return to New York City and the surrounding area soon.
Easter weekend kicks off with May-like weather in the New York area before rain returns for the holiday.
With just over one square mile of land, the City of Hoboken says the 2026 FIFA World Cup could be a once-in-a-generation opportunity for homeowners.
New Jersey Gov. Mikie Sherrill and her family are moving into Drumthwacket, the governor's official residence in Princeton.
A pastor in New Jersey was taken into custody by immigration agents while working at his day job, according to church members.
The discovery of a suspicious device forced the cancellation of the Keansburg, New Jersey, St. Patrick's Day Parade last weekend.
Stony Brook University professor Timothy Glotch is one of 10 scientists selected to shape research plans for NASA's next Artemis missions.
A Long Island man accused of shooting his sister in the head with a crossbow pleaded not guilty to attempted murder Thursday.
A Long Island high schooler and his mom are being credited with saving a sleeping neighbor from a house fire.
New York Republican gubernatorial nominee Bruce Blakeman said Tuesday he will sue the state after the Campaign Finance Board denied him matching funds.
The driver accused of striking and killing a Nassau County school crossing guard in February has been arraigned.
New Jersey Gov. Mikie Sherrill and her family are moving into Drumthwacket, the governor's official residence in Princeton.
The search for the second crew member, a weapons system officer, is continuing, two U.S. officials said.
One of the sources said Hegseth wants someone in the role who will implement President Trump and Hegseth's vision for the Army.
A pastor in New Jersey was taken into custody by immigration agents while working at his day job, according to church members.
President Trump has ousted Pam Bondi as attorney general, saying she will be taking a job in the private sector.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
The New York Knicks routed the Chicago Bulls 136-96 on Friday night in a game they led by 47 points.
The surging Hawks routed the Nets 141-107 on Friday night for their fourth straight victory and 18th in 20 games.
The Flyers beat the Islanders 3-1 on Friday night to move within one point of the Islanders for third place in the Metropolitan Division.
The Yankees beat the Marlins 8-2 in their home opener Friday for their second 6-1 start in three seasons.
San Francisco rookie catcher Daniel Susac went 3 for 3 with a walk in his first four big league at-bats and the Giants rolled over the New York Mets 7-2.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
Long before Manhattan's iconic street grid took shape, an English widow planned a Brooklyn community that helped shape the city today.
The Center for Brooklyn History showcase examines the Battle of Brooklyn through rare maps, paintings, and historical artifacts from the American Revolutionary War.
From World War II to modern mixology, women in Brooklyn fought for their place behind the bar. This Women's History Month, their legacy continues to influence the city's nightlife.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
CBS News New York's Lonnie Quinn has your First Alert Forecast for April 3 at 11 p.m.
A search-and-rescue operation is underway in the Middle East for an American aviator who is missing after Iran shot down a fighter jet Friday. CBS News New York's Allen Devlin reports.
The suspected gunman in the stray bullet shooting of a 7-month-old baby in Brooklyn was arraigned Friday as a second suspect was taken into custody in Pennsylvania. CBS News New York's Andrew Ramos reports.
A second person of interest was taken into custody Friday in connection to the fatal shooting of a 7-month-old baby in Brooklyn. CBS News New York's Andrew Ramos reports.
A police officer in upstate New York helped out a skunk with a cup on its head Friday morning.
