New report shows Pennsylvania ranks worst in U.S. with inflation on grocery store prices
Prices that were analyzed are up 8.2% in Pennsylvania in the last 12 months.
Watch CBS News
Prices that were analyzed are up 8.2% in Pennsylvania in the last 12 months.
Inflation across the U.S. continues to fall but remains sticky, with the cost of rent, medicare care and used cars edging up last month.
Red Lobster added all-you-can-eat shrimp to its menu. Then it realized how much Americans can eat.
A Pennsylvania law that delivers automatic pay raises for state officials will pay dividends next year.
In a boon for consumers, falling commodity prices are likely to bring down the cost of sugar, coffee, corn and soybeans.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
With a majority of adults planning to travel this holiday season, what are some ways you can save money and get where you need to go?
A new survey is suggesting kids could get less candy this year because of inflation.
A new survey is suggesting kids could get less candy this year because of inflation.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
Cooling price growth in food, rent and energy mean that workers' pay is finally beating inflation.
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
Pennsylvania's Democratic-controlled House of Representatives approved a measure that would raise the minimum wage to $15 by 2026 in a close vote Tuesday, a long-held party campaign plank that has run up against Republican legislative majorities for years.
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Stubbornly high prices are continuing to ease, but remain far above Fed's target.
America's employers added a solid 236,000 jobs in March, reflecting a resilient labor market and suggesting that the Federal Reserve may see the need to keep raising interest rates in the coming months.
The average cost of a dozen Grade A eggs fell to $4.21 last month from a high of $4.82 in January.
The Federal Reserve may face a quandary as it copes with still-high inflation combined with instability in the banking sector.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Despite sky-high inflation, Americans are spending big on things like vacations and cars.
Personal spending rose 1.8% in January, which is typically a sign of a strong economy.
Growth was slower and inflation higher at the end of 2022 than the government initially estimated.
