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.
As TSA agents continue to work without pay, the Greater Pittsburgh Community Food Bank and the airport are stepping in to help.
The alt-weekly ceased operations after 34 years in January, but will return to publication with both online and print editions.
The Pennsylvania Chamber of Business and Industry kicks off its Coolest Thing Made in Pa. bracket, and Pittsburgh has plenty of brands!
The weather in Pittsburgh will be warmer starting on Thursday and will only get warmer throughout the weekend!
The race is being run on Saturday morning during the weekend of the NFL Draft.
As TSA agents continue to work without pay, the Greater Pittsburgh Community Food Bank and the airport are stepping in to help.
The alt-weekly ceased operations after 34 years in January, but will return to publication with both online and print editions.
The Pennsylvania Chamber of Business and Industry kicks off its Coolest Thing Made in Pa. bracket, and Pittsburgh has plenty of brands!
The annual KDKA Fish Fry Guide is back for Lent! Check our listings for a 2026 fish fry near you in Pittsburgh.
The weather in Pittsburgh will be warmer starting on Thursday and will only get warmer throughout the weekend!
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
TSA officers faced their first full missed paycheck Friday.
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
"I think, overall, what's accomplished is remarkable," Sen. John Fetterman told CBS News chief White House correspondent Major Garrett in an interview Wednesday.
Studies show nearly 25% of Pennsylvanians can't pay their power bills at least once a year.
After a rat raised questions about health and safety at The Urban Tap, the owner says the South Side business is ready to gain back the public's trust.
Looking to get free shipping when you make an online purchase, but your order doesn't qualify? Here's how you can change that!
Pennsylvania farmers say economic factors like diesel fuel and fertilizer costs are pushing them to the edge.
The gas price spikes are real and apparent. Here's how Pittsburgh drivers can save money.
Pittsburgh Magazine's Sean Collier is back like he is every Thursday to give us his weekend guide!
Izzazi Salon has a brand-new location in South Hills, and Daisy Jade took a field trip to check out the hottest hair trends.
We’re talking with Extreme Coupon-er, Shayna, about spring saving tips and tricks!
Om Lab by the Om Lounge in the Strip District is taking fitness to new heights with some jump in their step! Team PTL's Daisy Jade checked them out!
PTL producer Maria's cat has a special talent, and it's the inspiration for a new video game! Heather Abraham and David Highfield talk about that and more to kick off today's episode of PTL!
An inspection sheds light on why dust is blanketing a neighborhood in Westmoreland County.
The O'Connor administration will begin taking a scalpel to Pittsburgh's finances as it tries to close a $30 million to $40 million budget hole.
Residents in the area of Rochester, Beaver County, say a persistent chemical smell has taken over the air.
More homeowners than ever in Allegheny County are filing appeals to try to lower their property taxes.
A cancer once rare in young people has become the number one cause of cancer-related deaths for Americans under age 50.
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.
Fish fries can be a quandary for people with heart and other medical issues.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
Cracking down on the price of prescription drugs is a hefty task.
The race is being run on Saturday morning during the weekend of the NFL Draft.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
The school district said it's able to replace the turf and track thanks to grant money it received last year from the Tull Foundation.
Sean Walker scored with 28.3 seconds left in overtime as the Carolina Hurricanes beat Pittsburgh 6-5 on Wednesday night, spoiling Sidney Crosby's return to the Penguins' lineup.
A new baseball season means new foods to try at PNC Park.
Pittsburgh's newest music venue released a lineup of its first concerts on Monday, giving a taste of what's to come at Citizens Live at the Wylie.
Forbes' latest ranking of the world's richest people has been released, and the list features billionaires with ties to Pittsburgh.
A fire chief says a fire at an Ohio hog farm complex has killed about 6,000 pigs and unleashed a large plume of smoke that could be seen for miles.
Lawmakers in Harrisburg are looking at bills to tackle dynamic pricing.
The budget airline Breeze is launching a new nonstop route from Pittsburgh to Myrtle Beach this summer.
Pittsburgh CLO and Pittsburgh Public Theater are forming a new organization.
Pittsburgh's newest music venue released a lineup of its first concerts on Monday, giving a taste of what's to come at Citizens Live at the Wylie.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
The countdown is on, as the NFL Draft comes to Pittsburgh and America turns 250 years old.
Stay on top of local weather with meteorologist Trey Fulbright’s forecast!
A partnership between the Pittsburgh International Airport and the Greater Pittsburgh Community Food Bank is helping TSA agents who are not getting paid amid the partial government shutdown. KDKA's Chilekasi Adele has the story.
Pittsburgh Magazine's Sean Collier is back like he is every Thursday to give us his weekend guide!
Izzazi Salon has a brand-new location in South Hills, and Daisy Jade took a field trip to check out the hottest hair trends.
We’re talking with Extreme Coupon-er, Shayna, about spring saving tips and tricks!
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.
