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.
The 54-year-old Howell entered the Check Eye Group in North Belle Vernon naked and allegedly began to destroy the office with knives.
Five people have been charged with drug-related offenses after a years-long investigation into multiple vape shops.
While it will be nothing like the storm last week, a couple more inches of snow are heading to the Pittsburgh area.
PennDOT District 11 Executive Lori Musto said that crews don't have the capacity to simply go and dig out the snow to physically remove it from the highways.
Filming for the final season of "Mayor of Kingstown" is expected to take place between March and June.
The 54-year-old Howell entered the Check Eye Group in North Belle Vernon naked and allegedly began to destroy the office with knives.
Five people have been charged with drug-related offenses after a years-long investigation into multiple vape shops.
While it will be nothing like the storm last week, a couple more inches of snow are heading to the Pittsburgh area.
PennDOT District 11 Executive Lori Musto said that crews don't have the capacity to simply go and dig out the snow to physically remove it from the highways.
Filming for the final season of "Mayor of Kingstown" is expected to take place between March and June.
Pennsylvania Gov. Shapiro delivered his fourth budget address at the State Capitol in Harrisburg, three months after last year's budget was passed by state lawmakers.
A federal judge on Monday blocked the Trump administration from revoking Temporary Protected Status for Haitians, granting a last-minute reprieve to 350,000 immigrants who were set to lose protections on Tuesday.
Five-year-old Liam Conejo Ramos and his father were released from ICE custody on Sunday, a day after a federal court ordered their release.
The U.S. House Judiciary Committee's inquiry said the panel has questions about why the Department of Justice released only half of the estimated pages of the Jeffrey Epstein files.
The federal agents who were involved in Saturday's deadly shooting of Alex Pretti in Minneapolis have been placed on administrative leave, a federal law enforcement official confirmed to CBS News.
A woman and her husband are fighting for a $400 refund after they bought furniture from a Value City Furniture store.
It's the end of an era for a grocery store in Carrick.
A Pennsylvania couple says Kia wrongly denied a warranty claim after their car's engine failed at 80,000 miles.
Scams targeting utility customers are on the rise in Pennsylvania, the attorney general says.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
Garden expert Doug Oster shows us how to turn your windowsill into a greenhouse!
Daisy visits Market District and Chef Crystal Baldwin to learn how to cook up some sticky and spicy “chamoy” chicken wings.
Fashion influencer Chloe Xandria and her mom, Brenda Johnson, are showing how to dress for any age.
Antiques appraiser Dr. Lori is examining more of your family treasures and heirlooms.
Makeup artist Antonette Medved is walking us through the steps to create the lip look that will have people talking.
Residents of Millvale are trying to get back to normal after last weekend's major snowstorm.
Tracing the past of Shane Hennen and how his troubled life in Pittsburgh pointed to his future downfall.
People in Avella, Washington County, say they have no phone coverage.
Residents and leaders in Charleroi are concerned about the integrity of roads after a trench collapse last year and ongoing construction.
Patrick Vereb is accused of taking money from pet owners who believed their animals would receive dignified cremations.
Southwestern Pennsylvania's cold and snowy winter is taking its toll on more than just our roadways and walkways.
The Liberty-Clairton area is under a code orange air quality action day, according to the Pa. Dept. of Environmental Protection.
The cold weather and lingering snow affect more than just the roads and our cars, it affects our brains.
After the historic snowfall, dangerously low temperatures crept into the Pittsburgh region, bringing a hidden danger that can turn painful in seconds.
The yearly tradition marks the start of months of training for Pittsburgh Marathon participants.
Bo Horvat scored his second goal of the game 52 seconds into overtime and the Islanders beat the Penguins 5-4 on Tuesday night.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
A Detroit Lions fan who was involved in an altercation with Pittsburgh Steelers wide receiver DK Metcalf has filed a lawsuit, claiming that he was not only physically harmed but was also falsely accused of making racial remarks.
The NFL has released the first official renderings for the 2026 NFL Draft in Pittsburgh.
Spell had previously committed to Penn State and is the No. 1 running back recruit in the country.
More than 140 employees at Nemacolin were informed they were being let go.
It's been about six years since the pandemic, and a lot of people working from home, but now companies are slowly calling them back to the office.
Pittsburgh Mayor Corey O'Connor on Tuesday announced a new initiative aimed at revitalizing neighborhood business districts across the city.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
It has been five years since the home improvement retailer Menards bought a large parcel of land off Route 30 in Westmoreland County.
Filming for the final season of "Mayor of Kingstown" is expected to take place between March and June.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
"Stick Season" singer Noah Kahan is coming to Pittsburgh this summer.
Music's biggest night returned Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
Catherine O'Hara was best known for her comic performances in projects including "Home Alone," "Beetlejuice," and "Schitt's Creek."
A 54-year-old man in Westmoreland County was taken into custody after he attempted to destroy an eye doctor's office with knives while naked.
The show is expected to begin filming in Pittsburgh sometime in March.
Get the latest weather updates with meteorologist Ron Smiley’s forecast!
Trying to keep snow out of driving lanes can seem like an endless battle after a massive winter storm system dumped heavy snow on the Pittsburgh region.
It's been more than four years since Thomas Stanko was charged with homicide related to the disappearance of his ex-girlfriend Cassandra Gross in 2018.
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.
