Inflation fell in January, but more slowly than forecast
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
Watch CBS News
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
Valentine's spending is expected to go up year-over-year as consumers expand their gift-giving to friends — and even pets.
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
The average rate for a 30-year fixed mortgage is now 6.31%.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Punishing inflation is forcing many people to economize this holiday season, while some are skipping gifts altogether.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Thanksgiving weekend used to kick off the holiday shopping season with big sales on Black Friday.
The cold is here and it's sticking around so we have ways to keep your home warm while saving you money.
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
The CPI measures everything from the price of gas to the price of food.
Later this morning, the Consumer Price Index is expected to tell us that inflation is slowing, but not at a rate where Americans are seeing relief. KDKA's Chris DeRose has more.
It appears workers are getting paid more, but inflation may have them feeling like they're getting paid less.
A new government report shows Americans are spending beyond their means.
The Bureau of Labor Statistics released its quarterly index, showing wages have increased but they're not keeping up with inflation.
The Bureau of Economic Analysis released its latest index. The index measures prices paid by consumers for goods and services. It showed consumer spending increased over a half percent from August to September while savings fell and incomes only grew 0.4%.
The 10 most popular candy brands have seen an average price increase of 13% since 2021, according to Datasembly.
You may not notice it, but when you get Halloween candy this year, you'll be getting less.
When you got your candy for Halloween this year, did you notice the bag was a bit lighter? Probably not and KDKA's John Shumway tells you why.
As inflation and "shrinkflation" continue, chances are you're paying more and getting less. KDKA's John Shumway finds out why,
