Inflation's impact on holiday shopping
CBS News' Carter Evans shares new details on the upcoming holiday shopping season and how consumers are spending their money amid record inflation.
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CBS News' Carter Evans shares new details on the upcoming holiday shopping season and how consumers are spending their money amid record inflation.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
But a stock market slump and rising borrowing costs could dim Americans' economic outlook, Wall Street analysts said.
Americans could pay as much as 17% more to heat their homes this winter, with electricity costs also expected to jump.
After the pandemic caused people to need food assistance, inflation is now the driving force.
New data indicates pet owners might be splurging less on their furry companions.
New data indicates pet owners might be splurging less on their furry companions due to inflation.
Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
President Biden is signing the Inflation Reduction Act, making it officially a law, on Tuesday.
The package, passed with no Republican votes, could be read largely as an effort to help West Virginia look to the future.
Consumer prices rose 8.5% over the past 12 months, marking a slowdown but still painfully high for millions of Americans.
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
Inflation was up again in June, with the latest numbers showing the highest annual rate since 1981.
Inflation was up again in June with the latest numbers showing the highest annual rate since 1981.
Inflation was up again in June with the latest numbers showing the highest annual rate since 1981.
The U.S. Postal Service cites inflation and rising operating costs as the reason for the price hike.
Inflation continues to disrupt the market.
Dining out may be a bit more expensive moving forward.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Inflation is not an easy issue to solve, and the candidates usually have several ideas.
It will be the largest rate hike in more than two decades, so why is the Federal Reserve making this move?
Figuring out the right time to retire is more challenging than ever.
Figuring out the right time to retire is more challenging than ever.
Pennsylvania residents can enter to win free tickets to see practice rounds for the PGA Championship at Aronimink Golf Club.
The hotel opened in 1926, with retail space, a coffee shop, a dining room, and a ballroom.
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
For the 56th year, the March of Dimes' March for Babies returned to Pittsburgh, this time at Highmark Stadium.
Pope Leo has been critical of the war in Iran and other priorities of the Trump administration, but says his comments are "not meant as attacks on anyone."
Pennsylvania residents can enter to win free tickets to see practice rounds for the PGA Championship at Aronimink Golf Club.
The hotel opened in 1926, with retail space, a coffee shop, a dining room, and a ballroom.
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
For the 56th year, the March of Dimes' March for Babies returned to Pittsburgh, this time at Highmark Stadium.
Pope Leo has been critical of the war in Iran and other priorities of the Trump administration, but says his comments are "not meant as attacks on anyone."
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
Pope Leo has been critical of the war in Iran and other priorities of the Trump administration, but says his comments are "not meant as attacks on anyone."
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
Transportation Secretary Sean Duffy pointed out that gamers "have many of the hard skills it takes to be a successful controller."
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
Six new cities are being added to the Michelin Guide in 2027, and among those cities is right here in Pittsburgh.
Sheetz is expanding further into the Midwest, with plans to open 100 stores in Indiana over the next decade.
The Pirates' home schedule starts on Friday, so how can fans save money on tickets, food, and other deals at PNC Park?
Fat Head's Saloon on Pittsburgh's South Side is closing next month after more than 30 years in business.
Studies show nearly 25% of Pennsylvanians can't pay their power bills at least once a year.
We're learning some simple exercises that can make going up and down the stairs a whole lot easier.
Here's how you can break the scroll habit and take back your time.
More than 20 of Pittsburgh's best are stepping up to the plate for one unforgettable night of flavor, and for a really good cause. We're taking one of the very first bites.
Daisy Jade visits The Silly Goose gift shop in Pittsburgh.
What did Heather and David do last weekend? Plus, they discuss other happenings in Pittsburgh culture, trending news and social media, food, sports, and more.
Allegheny County Common Pleas Judge Edward Borkowski refused to drop an attempted homicide charge against Jasper Hilliard.
Just weeks before the NFL draft, the Downtown Neighbors Alliance has cut ties with its executive director and may be folding up its tent.
Data obtained by KDKA Investigates shows the dramatic increase in arrests by U.S. Immigration and Customs Enforcement in the Pittsburgh area.
A new homeless encampment has popped up on Pittsburgh's North Side.
A Sewickley Hills man said he's left without a usable driveway because PennDOT cannot get it right.
UPMC and AHN say they've been collaborating about getting ready for an event of this magnitude.
When doctors found out Ainsley Flynn had viral myocarditis, they leaped into action to save her. Now, Flynn is giving back.
UPMC Hillman Cancer Center is exploring everything radiation treatment can treat, and the success has been life-changing for people.
A Pittsburgh-area man is not just giving people living with ALS a voice, he's giving them their own voice.
A cancer once rare in young people has become the number one cause of cancer-related deaths for Americans under age 50.
Pennsylvania residents can enter to win free tickets to see practice rounds for the PGA Championship at Aronimink Golf Club.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Rory McIlroy of Northern Ireland won the 2026 Masters Tournament at Georgia's Augusta National, claiming his second straight green jacket.
Chicago had been 0 for 7 with runners in scoring position before Busch's single after going 1 of 23 in the previous two losses to Pittsburgh.
Logan Thompson stopped 24 shots, and the Capitals kept their slim playoff hopes alive with a 3-0 win over the Penguins.
West Virginia resident Rebecca Michalski struggles with soaring electricity bills that exceed her income.
Dave Chappelle has helped secure the future of a small-town radio station by funding the renovation of a historic building in Yellow Springs.
Hundreds gathered Wednesday morning at the Live! Casino in Hempfield Township to open Mangia, a new market and eatery featuring authentic Italian cuisine from local favorite DeLallo.
Sheetz is expanding further into the Midwest, with plans to open 100 stores in Indiana over the next decade.
The event kicks off on April 22 with the reopening of the renovated Market Square.
The Pitt star Noah Wyle is the newest name on the Hollywood Walk of Fame, and the Pittsburgh-based show is a big reason why.
Dave Chappelle has helped secure the future of a small-town radio station by funding the renovation of a historic building in Yellow Springs.
Artists like Lady A, Nelly, The Avett Brothers and Third Eye Blind will headline a free concert series throughout Pennsylvania.
The Steelers will offer fans multiple ways to engage with the team during the NFL draft.
The event kicks off on April 22 with the reopening of the renovated Market Square.
We're learning some simple exercises that can make going up and down the stairs a whole lot easier.
Here's how you can break the scroll habit and take back your time.
More than 20 of Pittsburgh's best are stepping up to the plate for one unforgettable night of flavor, and for a really good cause. We're taking one of the very first bites.
Daisy Jade visits The Silly Goose gift shop in Pittsburgh.
What did Heather and David do last weekend? Plus, they discuss other happenings in Pittsburgh culture, trending news and social media, food, sports, and more.
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.
