How inflation will impact holiday shopping
People are ready to get back out and spend their money following the pandemic.
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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?
Figuring out the right time to retire is more challenging than ever.
A James Beard Award-nominated bar is coming back to Pittsburgh.
A woman who was banned from Pennsylvania casinos for life was escorted out by police after she hit the jackpot.
The Cleveland Browns are trading two-time AP NFL Defensive Player of the Year Myles Garrett to the Los Angeles Rams in a blockbuster deal, three people briefed on the move have told The Associated Press.
A Pittsburgh Public Safety spokesperson said that Chief Jones is on paid administrative leave, pending the outcome of an internal review.
The technology will allow boots to be removed after paying fines and fees without calling for an enforcement officer.
A James Beard Award-nominated bar is coming back to Pittsburgh.
A woman who was banned from Pennsylvania casinos for life was escorted out by police after she hit the jackpot.
The Cleveland Browns are trading two-time AP NFL Defensive Player of the Year Myles Garrett to the Los Angeles Rams in a blockbuster deal, three people briefed on the move have told The Associated Press.
A Pittsburgh Public Safety spokesperson said that Chief Jones is on paid administrative leave, pending the outcome of an internal review.
The technology will allow boots to be removed after paying fines and fees without calling for an enforcement officer.
A fractured majority of Republican justices sided with a sweeping challenge brought by local and county officials against Oak Run Solar.
The move by Republican Gov. Mike DeWine comes as tax breaks for energy-hungry AI data centers are increasingly playing a role in state budgets.
Allegheny County Sheriff Kevin Kraus is suing over a ballot referendum that he says would illegally impose term limits on his position.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
A James Beard Award-nominated bar is coming back to Pittsburgh.
What if what's sitting in your jewelry drawer is worth more than you think?
The price of electricity in Pennsylvania is going up next month.
The Allegheny County Health Department has issued a consumer alert for Prantl's Bakery in Shadyside, saying an inspection found pest droppings.
A Bethel Park homeowner says he's out thousands of dollars after hiring a contractor to replace his front porch.
Financial conversations are rarely about dollars and cents. They're about communication, trust and learning how not to panic when someone says "we need to talk." Joining us today is Lisa Florian, the president and CEO of Clearview Federal Credit Union, to help us navigate the emotional side of money.
Heather Abraham claims to possess an elite understanding of ranch dressing. Our friend and chef Doug Heilman is about to put her ranch expertise to the test. But before we get to the challenge, Doug is going to show us how to make ranch dressing from scratch.
The Tony Awards happen this Sunday, but you don't need a hotel reservation and three days in the Big Apple to experience Broadway at its best. Here to give us a look at the lineup coming to the Steel City starting this fall is the president and CEO of the Pittsburgh Cultural Trust, Kendra Whitlock Ingram."
PTL hosts Heather Abraham and David Highfield discuss Pittsburgh culture, trending news and social media, food, sports, and more.
There will be plenty of professional artists showcasing their talent at this weekend's ChalkFest, but now, Boaz Frankel is trying his hand at the medium with his rendition of Heather and David!
A lawsuit has been filed over the smell neighbors say is coming from the Sherwin-Williams plant in Rochester.
Naida Reed contacted KDKA Investigates after she said Pittsburgh Water failed to follow through on what crews allegedly promised.
What if what's sitting in your jewelry drawer is worth more than you think?
A Bethel Park homeowner says he's out thousands of dollars after hiring a contractor to replace his front porch.
It's been nearly eight years since Rachael DelTondo was shot and killed in the driveway of her parents' home in Aliquippa.
Pittsburgh, with its natural beauty and parks, can be a great place for people to put the phones down and enjoy life.
Doctors say it looks like it will be a bad season for tick-borne diseases.
Temperatures could reach into the 90s this week in Pittsburgh, and that impacts everything, including your sleep.
Frontline healthcare workers at Butler Memorial Hospital overwhelmingly approved their first union contract on Friday.
A western Pennsylvania dad went from wondering what a spot on his leg was to learning he has an extremely rare skin cancer.
The Pittsburgh Pirates beat the skidding Minnesota Twins 9-3 to complete a three-game sweep.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Rico Dowdle has reunited with Mike McCarthy, just as his mother Leslie predicted.
Jake Mangum finished with three hits, including his first home run of the season as the Pittsburgh Pirates held off the Minnesota Twins 10-9.
Bryan Reynolds hit a two-run homer with one out in the ninth inning to give the Pirates a 6-5 victory over the Twins on Friday night.
A James Beard Award-nominated bar is coming back to Pittsburgh.
A fractured majority of Republican justices sided with a sweeping challenge brought by local and county officials against Oak Run Solar.
The move by Republican Gov. Mike DeWine comes as tax breaks for energy-hungry AI data centers are increasingly playing a role in state budgets.
Ohio's tax break for data centers is costing the state far more than expected.
A popular Washington County farm won't be offering pick-your-own peaches this year.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Memorial Day marks the unofficial start to summer, and a new song may be the unofficial summer anthem.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
The Carnegie International exhibition at the Carnegie Museum of Art opened earlier this month.
Financial conversations are rarely about dollars and cents. They're about communication, trust and learning how not to panic when someone says "we need to talk." Joining us today is Lisa Florian, the president and CEO of Clearview Federal Credit Union, to help us navigate the emotional side of money.
Heather Abraham claims to possess an elite understanding of ranch dressing. Our friend and chef Doug Heilman is about to put her ranch expertise to the test. But before we get to the challenge, Doug is going to show us how to make ranch dressing from scratch.
The Tony Awards happen this Sunday, but you don't need a hotel reservation and three days in the Big Apple to experience Broadway at its best. Here to give us a look at the lineup coming to the Steel City starting this fall is the president and CEO of the Pittsburgh Cultural Trust, Kendra Whitlock Ingram."
PTL hosts Heather Abraham and David Highfield discuss Pittsburgh culture, trending news and social media, food, sports, and more.
A professional basketball player and Pittsburgh native has been taken into custody for owing more than $100,000 in child support, according to the Allegheny County Sheriff's Office.
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.
