5 ways inflation could impact your paycheck next year
The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
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The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
People are ready to get back out and spend their money following the pandemic.
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?
The Pittsburgh police are asking for your help. But the request isn't about solving a crime or finding a missing person. Instead, it's all about officers helping those in need.
Jared Triolo and Jake Mangum hit run-scoring singles against Fernando Cruz in the 10th inning, lifting the Pirates to a 5-3 win over the Yankees in the opener of a day-night doubleheader.
Two suspects are in custody after police said they went on a crime spree in Allegheny and Westmoreland counties on July 9.
A Pennsylvania police officer is facing charges after investigators said he took off his body-worn camera while on duty, went to a woman's house and used his handcuffs for "inappropriate and unlawful contact" with her.
Three tornadoes spawned from Tuesday evening's severe storms, hitting communities in Lawrence and Butler counties.
Pennsylvania Secretary of Transportation Mike Carroll touted the project as a "stunning achievement."
Three tornadoes spawned from Tuesday evening's severe storms, hitting communities in Lawrence and Butler counties.
A McKeesport family says their 3-year-old pet emu was hunted and killed by their neighbors' pitbulls.
The victim was told they had to deposit $2,000 into an ATM due to an alleged missed jury duty date.
The Pittsburgh police are asking for your help. But the request isn't about solving a crime or finding a missing person. Instead, it's all about officers helping those in need.
Pittsburgh Fire Chief Darryl Jones, who has been on paid administrative leave, will retire after a review of his bureau.
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
The measure also allows states to opt out if they take action before the federal law is enacted.
Sen. Mitch McConnell released a statement on his health on Sunday along with a photo of himself and his wife, Elaine Chao, after questions swirled about his condition.
President Trump paid tribute to the late senator Lindsey Graham, a Republican from South Carolina, who had just returned from a trip to Ukraine.
A Westmoreland County family said having a secret room is not as cool as it sounds, after finding a large void under their garage built by Ryan Homes
Last year, Americans received nearly 30 billion scam robocalls and text messages.
The Pennsylvania Turnpike Commission approved a 3.5% toll increase that goes into effect on January 3, 2027.
After about three dozen Allegheny County home deeds were fraudulently put into an LLC's name, experts are sharing tips for protecting yourself.
Giant Eagle has remained the dominant grocer in southwestern Pennsylvania for more than 40 years, and one of those reasons was the exit of Kroger.
Boaz gives us a tour of his garden and shows us the strangest things he is growing.
Heather Abraham took a look at the brand new Steel City Classics collection and gave a preview of what fans can pick up at training camp.
Some of the cast joins PTL to talk about the show, presented by the Pittsburgh CLO.
Daisy Jade is live outside the studio with Six Gun Sally, one of Pennsylvania's premier southern rock bands. The group is about to start on the next leg of their summer tour with Lynyrd Skynyrd.
Boaz Frankel joins David Highfield for WHATCHA THINK WEDNESDAY .. and the question is all about four-letter words?!
Developers want to fill the former Vincentian Marion Manor facility in Banksville with new townhomes.
A Westmoreland County family said having a secret room is not as cool as it sounds, after finding a large void under their garage built by Ryan Homes
Allegheny County is facing a major financial crisis.
It costs a lot of money to keep houses of worship safe.
Over the past several years, neighbors in one Pittsburgh-area community say they've found dozens of dead birds at the base of a single telephone pole.
Western Pennsylvania remains one of the most heavily impacted regions across the country for tick-borne illnesses.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Pennsylvania is under a statewide Code Purple air quality alert on Friday because of smoke from the wildfires in Canada and Minnesota. But what does that mean?
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Wildfire smoke is causing hazardous air quality in the Pittsburgh area, prompting a warning from health officials.
Jared Triolo and Jake Mangum hit run-scoring singles against Fernando Cruz in the 10th inning, lifting the Pirates to a 5-3 win over the Yankees in the opener of a day-night doubleheader.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
The elevator dates back to the 1930s and takes players from the 17th green to the 18th tee.
Mark Kulbis is also facing misdemeanor counts of involuntary manslaughter and reckless endangerment in the death of Calvin "CJ" Dickey Jr.
Saint Vincent College says it's ready for Steelers training camp.
The former glass plant in Charleroi has been listed for sale.
The Colorado-based Voyager Technologies has officially acquired Astrobotic, the aerospace company located on Pittsburgh's North Side.
Giant Eagle has remained the dominant grocer in southwestern Pennsylvania for more than 40 years, and one of those reasons was the exit of Kroger.
A major healthcare merger is now official.
The Kroger Company announced the acquisition of Giant Eagle on Wednesday morning.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The new movie "Young Washington" opened over the Fourth of July weekend, earning more than $20 million at the box office and becoming the nation's top live-action film.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
It's shaping up to be a busy holiday weekend across western Pennsylvania, which includes the Westmoreland Arts and Heritage Festival.
Two suspects are in custody after police said they went on a crime spree in an attempt to rob multiple gas stations in Allegheny and Westmoreland counties on July 9.
Mikey Hood introduces us to this week's Waiting Child, Atlas. Atlas loves animals, especially cats….get ready for a purr-fect field trip!
Boaz gives us a tour of his garden and shows us the strangest things he is growing.
Heather Abraham took a look at the brand new Steel City Classics collection and gave a preview of what fans can pick up at training camp.
Some of the cast joins PTL to talk about the show, presented by the Pittsburgh CLO.
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.
