Inflation topped 4% in May as CPI surged to highest level in 3 years
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
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The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.
Next week, the electric vehicle tax credit will end, and if you're looking to buy a new car, you might need to act quickly.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
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.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
For millions of people around the U.S., financial stability amounts to a "rare luxury," Bankrate survey finds.
Roughly a quarter of consumers use "buy now, pay later" loans for ordinary expenses like groceries. That's worrisome, a personal finance expert says.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Americans express concern about their ability to pay bills and save money.
The White House levied new import duties on its three closest trading partners.
Days after a car crash and fire in the Squirrel Hill Tunnel, KDKA got an exclusive look inside.
A 75-year-old man died after apparently falling 50 feet while rock climbing at Monongahela National Forest in West Virginia.
As part of his partnership with the Gary Sinise Foundation, Paul Skenes visited the Berkeley Hills Fire Company in Ross Township.
Police departments all around the country say surveillance technologies like cameras, drones, and license plate readers have proved invaluable in tracking and arresting violent criminals.
National, state and local hunger-relief networks are teaming up to try to cut hunger in half by 2035.
A small vessel was recovered from the river Monday morning.
Police said a woman "went through hell" as her son beat her to death for over an hour at their home in West Newton.
Video shows youth football coaches from Carlynton and Keystone Oaks fighting on the field during a game over the weekend.
Days after a car crash and fire in the Squirrel Hill Tunnel, KDKA got an exclusive look inside.
A 75-year-old man died after apparently falling 50 feet while rock climbing at Monongahela National Forest in West Virginia.
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
A federal judge on Tuesday temporarily blocked enforcement of an Ohio requirement that voters show proof of citizenship when registering to vote at a motor vehicle bureau
Data centers have become the hottest issue in political races across the country, including Pennsylvania's race for governor.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
A new report tries to calculate how much Pennsylvanians need to earn to live what's considered a comfortable lifestyle.
The store is expected to open sometime next year.
Buffalo Township police are warning about scammers after investigating several cases where residents have fallen victim.
On Tuesday, Pennsylvania took a major step in the fight against the negative impacts of social media, particularly on children.
While the importance of the family support system is timeless, a new study found it creates financial stressors for all involved.
Daisy takes a trip to the Pittsburgh Zoo to visit the new lion cub!
Chef Doug Heilman shows Heather and David how to make a rustic tart filled with fruit or veggies!
You can bring your own container to The Refillery and replenish everyday items without buying more plastic.
A historic merger between two theater companies in Pittsburgh took place, and they have a new name. Tickets for their season are on sale now.
David and Heather recap their fun-filled weekends!
Police departments all around the country say surveillance technologies like cameras, drones, and license plate readers have proved invaluable in tracking and arresting violent criminals.
Video shows youth football coaches from Carlynton and Keystone Oaks fighting on the field during a game over the weekend.
Police public safety services are being questioned in Forward Township.
An attempt to regulate Pennsylvania's pet cremation industry just hit a wall.
A family in Wall Borough, Allegheny County, said repeated flooding has forced them to abandon their home's first floor.
Pennsylvania health officials say two people who had measles died in the state, but Health Secretary Robert F. Kennedy Jr. is questioning that.
UPMC is taking another step to help Pittsburgh's first responders better protect our community.
For the first time since 1991, Pennsylvania has recorded its first two deaths connected to measles.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
Injuries are a part of many sports, and UPMC is trying to help high school athletes get back to the games they love.
Lionel Messi played in six World Cups and led Argentina to win the tournament in 2022 in Qatar.
Aaron Rodgers, Mason Rudolph, Will Howard, and Drew Allar have all made the team's initial 53-man roster.
Esmerlyn Valdez and Jared Triolo homered, Brandon Lowe added an RBI single and the Pittsburgh Pirates beat the St. Louis Cardinals 5-4 on Sunday.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
The Pittsburgh Steelers have traded offensive lineman Broderick Jones to the Dallas Cowboys, according to reports.
A federally funded Ohio manufacturing program faces potential shutdown after a new audit by the U.S. Department of Commerce's Office of Inspector General.
Gas station giant Buc-ee's has sparked a backlash in Ohio over one of its frequent trademark infringement lawsuits.
The international fashion retailer Zara will open a location in Ross Park Mall in 2028, as the mall continues to thrive.
Some Bloomfield business owners paint a nuanced picture of how the annual Little Italy Days festival impacts them, saying that while they don't dislike the festival, they do make less money than they normally would.
The store is expected to open sometime next year.
A show coming to The Palace Theatre in Greensburg looks to pay tribute to Dolly Parton.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Pittsburghers are remembering Dolly Parton as "one of a kind" following her death on Tuesday.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Bret Michaels is taking a break from touring to recover from recent surgeries.
Stay on top of the weather in the Pittsburgh area with First Alert Meteorologist Ray Petelin's forecast!
Days after a car crash and fire in the Squirrel Hill Tunnel, KDKA got an exclusive look inside and talked to PennDOT about what it takes to respond to this kind of incident in hopes of reassuring people next time they're driving through one of the area's tunnels. KDKA's Lauren Linder reports.
As part of his partnership with the Gary Sinise Foundation, Paul Skenes visited the Berkeley Hills Fire Company in Ross Township.
Police departments all around the country say surveillance technologies like cameras, drones, and license plate readers have proven invaluable in tracking and arresting violent criminals.
Pittsburgh Public Schools will temporarily shift to synchronous remote learning at 35 school buildings this week due to projected high temperatures. KDKA-TV's Shelley Bortz reports.
Mike Tomlin stepped down as head coach of the Pittsburgh Steelers after 19 seasons with the team.
Pitt's regular season has ended with an 8-4 record.
Pitt's five-game winning streak came to an end with a 37-15 loss to Notre Dame.
Mason Heintschel set a new Pitt freshman single-game passing record in the Pitt win at Acrisure Stadium.
The 44th annual KDKA-TV Turkey Fund will help our neighbors in need have a nice meal for Thanksgiving.
