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.
The Super Bowl of truck driving safety is taking place this week in Pittsburgh.
Here is a tasty recipe for cavatelli pasta with tomatoes, olives and capers.
Here's a recipe for refreshing lemon lavender iced tea.
Here's Rania's recipe for tasty lavender shortbread cookies.
The FDA has long fallen short of legally required inspection targets, and foreign inspections fell further last year amid agency layoffs.
A local family is warning other dog owners about a potentially deadly fungal infection that took the life of their beloved German shepherd.
Two adults are facing charges after a 3-year-old died from cocaine toxicity in Mercer County, Pennsylvania State Police announced on Monday.
The Pennsylvania Department of Environmental Protection and the Sherwin-Williams Manufacturing Company entered into a consent order and agreement.
KDKA-TV Back-to-school 2026
The Super Bowl of truck driving safety is taking place this week in Pittsburgh.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
Part of the state budget calls for $20 million to go to main street development in communities.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
While the importance of the family support system is timeless, a new study found it creates financial stressors for all involved.
The store will be located at the North Hills Village shopping center along McKnight Road.
The number of people who are food insecure is rising, and experts have said that it is only going to get worse.
Just when it looked like relief was heading our way at the gas pump, prices could spike once again in Pittsburgh.
A Westmoreland County family said having a secret room is not as cool as it sounds, after finding a large void under their garage built by Ryan Homes
Rania's showing off some dishes that will be featured at the Garden in the Park event!
Watch as Heather and David try to guess the value of Pittsburgh antiques!
Plato's Closet of Bridgeville shows us how to get affordable fashion on a budget this school year!
Daisy is getting a preview of Bloomfield's Little Italy Days celebration happening this week!
Rania Harris talks about the Garden in the Parks event, where she'll serve as a master gardener!
The Pennsylvania Department of Environmental Protection and the Sherwin-Williams Manufacturing Company entered into a consent order and agreement.
A community in Butler County said repeated boil water advisories have them uneasy about their water quality.
An investigation into alleged theft at the North Versailles tax collector's office is underway.
Nearly five months into a major road construction project in Beaver County, several small business owners say they are struggling to keep customers coming through the door.
Opposition to a data center at the back end of an industrial park is growing among residents of Hanover Township, Washington County.
The Pennsylvania measles outbreak isn't slowing down, and one local doctor said Pittsburgh is not immune.
The countdown to the first day of school is on, and now is the time to start making some adjustments.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Doctors are finding they are faced with questions about health advice from social media, but they caution that you can't always trust what you find.
August 1 is PA Donor Day, a day to bring awareness to organ donation and the countless lives it can save.
Visit Pittsburgh said that the NFL draft brought a record 805,000 people to the city for the three-day event.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
The New York Mets routed the Pittsburgh Pirates 11-1 on Sunday afternoon.
Mark Kulbis is also facing misdemeanor counts of involuntary manslaughter and reckless endangerment in the death of Calvin "CJ" Dickey Jr.
Usually held on Friday to echo the high school football tradition, the Steelers moved the practice to Saturday this year in Latrobe.
Part of the state budget calls for $20 million to go to main street development in communities.
Amtrak is adding a second trip from Pittsburgh to New York later this year, officials said during a public board meeting.
Attention is brewing around a proposed variance for Bethel Bakery to expand its parking.
The organizers of a plan aimed at making Pittsburgh's South Side safer are standing by their efforts.
Data center projects are on municipal drawing boards across the Pittsburgh region, and public opposition is growing.
The popular vocal quintet Pentatonix is returning to Pittsburgh this holiday season.
Joe Manganiello says even when he spent 25 years living in Los Angeles, he always considered Pittsburgh home.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Dave Matthews stopped by a Pittsburgh restaurant before his show at Star Lake on Friday night.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Stay on top of local weather in the Pittsburgh area with First Alert Meteorologist Mary Ours' forecast!
The Super Bowl of truck driving safety is taking place this week in Pittsburgh. KDKA-TV’s Megan Shinn shares a closer look.
Rania's showing off some dishes that will be featured at the Garden in the Park event!
Watch as Heather and David try to guess the value of Pittsburgh antiques!
Plato's Closet of Bridgeville shows us how to get affordable fashion on a budget this school year!
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.
