The upper middle class is now the largest income group in the U.S.
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
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America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
A slowdown in immigration and lower birth rates could crimp the U.S. economy by shrinking the nation's workforce, researchers say
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.
Verizon must "evolve as a company" by slashing costs and restructuring, the wireless telecom's chief executive told employees.
The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this year.
Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?
Low-income older Americans on average die nearly a decade earlier than wealthier people, a new analysis finds.
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Roughly 42% of younger working adults — spanning Gen Z, millennials and Gen X — report having no money left over after covering their daily expenses.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
Most Americans say prices are going up and expect them to keep going up.
Human remains discovered near Knights Ferry last week are now being investigated as a homicide, the Stanislaus County Sheriff's Office said.
Sacramento City Unified School District is running out of time and cash to keep the district funded past July, according to the latest report from an independent state agency that helps guide local districts in financial crisis.
Sacramento city leaders are looking for ways to balance a $66 million budget deficit, and that could impact everything from where you park to your furry friends.
The video portrays Los Angeles Mayor Karen Bass as a villainous Joker-like figure and Gov. Gavin Newsom as French royalty eating cake, while Pratt appears as a hero swooping in to save Los Angeles and California from chaos.
Gov. Gavin Newsom defended his administration's water policies and pushed for major infrastructure projects, including the controversial Delta Conveyance Project, arguing California is now "more prepared for our water future than ever before."
Sacramento city leaders are looking for ways to balance a $66 million budget deficit, and that could impact everything from where you park to your furry friends.
Sacramento City Unified School District is running out of time and cash to keep the district funded past July, according to the latest report from an independent state agency that helps guide local districts in financial crisis.
Human remains discovered near Knights Ferry last week are now being investigated as a homicide, the Stanislaus County Sheriff's Office said.
Sacramento State students logging into Canvas were redirected to a page displaying a message from a hacking group. The message claimed that the group had obtained sensitive data and threatened to leak it unless a ransom was paid.
The video portrays Los Angeles Mayor Karen Bass as a villainous Joker-like figure and Gov. Gavin Newsom as French royalty eating cake, while Pratt appears as a hero swooping in to save Los Angeles and California from chaos.
Sacramento City Unified School District is running out of time and cash to keep the district funded past July, according to the latest report from an independent state agency that helps guide local districts in financial crisis.
Sacramento city leaders are looking for ways to balance a $66 million budget deficit, and that could impact everything from where you park to your furry friends.
Sacramento State students logging into Canvas were redirected to a page displaying a message from a hacking group. The message claimed that the group had obtained sensitive data and threatened to leak it unless a ransom was paid.
There are new proposed cuts that include eliminating the mounted patrol unit, terminating contracts with Regional Transit and the Natomas Unified School District for resource officers, and ending the ShotSpotter program in some parts of the city.
After postponing its originally planned 2025 stop in the capital city, X Games is moving forward with its return to Sacramento this summer — now with a major music lineup attached.
Gov. Gavin Newsom defended his administration's water policies and pushed for major infrastructure projects, including the controversial Delta Conveyance Project, arguing California is now "more prepared for our water future than ever before."
A spring storm has hit farmers in what many consider the cherry capital of the world.
An early morning earthquake in Nevada on Friday was felt as far west as the Sacramento Valley.
The sunny skies and warmer weather in Northern California are increasing the chance of seeing snakes, and this year, there's been a big spike in the number of fatal rattlesnake bites in the state.
The new Department of Motor Vehicles regulations allow law enforcement agencies to issue notices of traffic violations to autonomous vehicle companies when their cars commit moving violations.
The Philadelphia Phillies were crushed by the Athletics Thursday night to avoiding a three-game sweep.
Netflix will air the Week 1 matchup between the San Francisco 49ers and Los Angeles Rams in Melbourne, Australia, a person familiar with the move told The Associated Press on Thursday.
Pinch-hitter Ty France delivered a two-run triple in the seventh inning to put San Diego ahead to stay as the Padres picked up a 5-1 win over the San Francisco Giants on Wednesday.
Edmundo Sosa hit a go-ahead two-run single in the eighth inning, Adolis García homered and the Philadelphia Phillies rallied to beat the Athletics 6-3.
Colby Thomas, Zack Gelof and Tyler Soderstrom homered to back a strong start by Aaron Civale and the Athletics beat the Cleveland Guardian 7-1 on Sunday to avoid a series sweep.
The video portrays Los Angeles Mayor Karen Bass as a villainous Joker-like figure and Gov. Gavin Newsom as French royalty eating cake, while Pratt appears as a hero swooping in to save Los Angeles and California from chaos.
The Justice Department argues the patchwork of state laws around guns makes it difficult to take them across state lines for lawful purposes like target shooting, hunting and self-defense.
Three of the nation's major scholarly groups challenged the Trump administration's cuts to humanities grants.
The acting attorney general is touting the administration's stepped-up denaturalization efforts.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Mexican street corn-inspired trail mix made by Illinois food company was sold at Target and other retailers, as well as online.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Public health officials say they've confirmed two cases of measles in Sacramento County.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
Jake Gadon reports.
Human remains discovered near Knights Ferry last week are now being investigated as a homicide, the Stanislaus County Sheriff's Office said.
Madisen Keavy reports.
Sacramento city leaders are looking for ways to balance a $66 million budget deficit, and that could impact everything from where you park to your furry friends.
The video portrays Los Angeles Mayor Karen Bass as a villainous Joker-like figure and Gov. Gavin Newsom as French royalty eating cake, while Pratt appears as a hero swooping in to save Los Angeles and California from chaos.