CPI surged in April as inflation soars to highest level in almost 3 years
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
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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.
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
Kevin Gausman pitched into the seventh inning, Yohendrick Pinango and George Springer had two-run doubles and the Toronto Blue Jays beat the Pittsburgh Pirates 6-2 on Friday night for their third straight victory.
A man will face charges after police said he used brass knuckles to slash another man across the chest near Pittsburgh's Market Square.
What if what's sitting in your jewelry drawer is worth more than you think?
A unique collection of baseball art is rolling into Westmoreland County.
The Carnegie International exhibition at the Carnegie Museum of Art opened earlier this month.
Kevin Gausman pitched into the seventh inning, Yohendrick Pinango and George Springer had two-run doubles and the Toronto Blue Jays beat the Pittsburgh Pirates 6-2 on Friday night for their third straight victory.
A man will face charges after police said he used brass knuckles to slash another man across the chest near Pittsburgh's Market Square.
What if what's sitting in your jewelry drawer is worth more than you think?
A unique collection of baseball art is rolling into Westmoreland County.
The Carnegie International exhibition at the Carnegie Museum of Art opened earlier this month.
Following several calls for him to relinquish his position as council president, Catena is planning to step down from leadership.
There's a new push to revitalize Pittsburgh's South Side.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996 — an escalation in the U.S. pressure campaign against the Cuban government.
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
Tony Guy defeated Jesse James Vodvarka in the Republican primary for Pennsylvania's 17th Congressional District, CBS News projects.
What if what's sitting in your jewelry drawer is worth more than you think?
The price of electricity in Pennsylvania is going up next month.
The Allegheny County Health Department has issued a consumer alert for Prantl's Bakery in Shadyside, saying an inspection found pest droppings.
A Bethel Park homeowner says he's out thousands of dollars after hiring a contractor to replace his front porch.
A popular Washington County farm won't be offering pick-your-own peaches this year.
We're joined by our friend Daniel Hill from House Call Personal Training, and he's got tips on how we can strengthen our hands, which can strengthen our overall health!
It's our Daily Dose of Daisy, and on this Friday, she's learning all about Pittsburgh's Attack Theatre's 30 Ball, which is celebrating its 30th anniversary!
If you grew up watching horror movies, there's a good chance that a character Courtney Gains played haunted you. He joined us to talk about his newest film The Barn III which premieres here in Pittsburgh!
For the 10th year, the Greater Pittsburgh Food Truck Festival is set to get underway, and Team PTL's Daisy Jade is checking out all it has to offer!
The unofficial start to summer is this weekend, and David and Ron have some of the best activities around Pittsburgh for you to check out! They also discuss who on Team PTL could win Survivor?
What if what's sitting in your jewelry drawer is worth more than you think?
A Bethel Park homeowner says he's out thousands of dollars after hiring a contractor to replace his front porch.
It's been nearly eight years since Rachael DelTondo was shot and killed in the driveway of her parents' home in Aliquippa.
An artist in Pittsburgh said the Steel City clothing company used his artwork without his permission.
Alcosan's multi-billion-dollar construction project to clean up the rivers in southwestern Pennsylvania is already over budget.
Pittsburgh, with its natural beauty and parks, can be a great place for people to put the phones down and enjoy life.
Doctors say it looks like it will be a bad season for tick-borne diseases.
Temperatures could reach into the 90s this week in Pittsburgh, and that impacts everything, including your sleep.
Frontline healthcare workers at Butler Memorial Hospital overwhelmingly approved their first union contract on Friday.
A western Pennsylvania dad went from wondering what a spot on his leg was to learning he has an extremely rare skin cancer.
Kevin Gausman pitched into the seventh inning, Yohendrick Pinango and George Springer had two-run doubles and the Toronto Blue Jays beat the Pittsburgh Pirates 6-2 on Friday night for their third straight victory.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Brandon Lowe homered, Marcell Ozuna drove in two runs and the Pittsburgh Pirates beat the St. Louis Cardinals 6-2.
Kyle Busch's family earlier Thursday announced he had been hospitalized with a "severe illness."
Steelers players will report to camp in Latrobe on Tuesday, July 28.
A popular Washington County farm won't be offering pick-your-own peaches this year.
If you're about to throw out all of those old documents while spring cleaning, there are some you should hold onto.
The hole left behind by Spirit will hit businesses and rental companies within Arnold Palmer Regional Airport.
The bar served its final pints Sunday night after 43 years in Oakland, near the heart of Pitt's campus.
Arnold Palmer Regional Airport officials are confident they'll be able to replace Spirit Airlines after the airline shut down early Saturday morning.
The Carnegie International exhibition at the Carnegie Museum of Art opened earlier this month.
It's been 15 years since the Disney Store called Ross Park Mall home, but it's coming back starting this weekend.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
May 20 is Jimmy Stewart Day across the commonwealth — a day honoring the late actor and Indiana, Pennsylvania, native.
The tour, celebrating the 30th anniversary of their biggest album, will stop in Pittsburgh on October 6.
CBS News Radio, which provides news programming to an estimated 700 stations spanning the United States, is signing off off the air Friday night after nearly a century of broadcasting.
Stay on top of the weather in the Pittsburgh area with First Alert Meteorologist Ray Petelin's forecast.
KDKA's Ricky Sayer is taking a closer look at new data about the NFL draft. Visit Pittsburgh says these preliminary figures show just how big of a historic success the draft was, but not everyone agrees with that assessment.
A lot of graduates aren't getting a foot in the door. What's going on, and why does it feel like entry-level isn't so entry-level anymore?
Soldiers and Sailors Memorial Hall and Museum is all about honoring our heroes and creating meaningful moments for the community.
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.
