Inflation is creeping higher, putting pressure on American consumers
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
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The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
Prices rose at an annual pace of 2.6% in July, the same rate as the previous month and in line with economist forecasts.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
The S&P 500 and Nasdaq notched new all-time highs, buoyed by easing trade tensions and hopes for lower interest rates.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
The Postal Service contends, as it did last year before a similar increase, that the price hike is needed to achieve financial stability.
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.
More restrictive trade and immigration policies under the Trump administration could mean higher prices for Americans, Morgan Stanley analysts say.
Americans express concern about their ability to pay bills and save money.
The Federal Reserve's progress on taming inflation has stalled out. That could mean fewer rate cuts in 2025.
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.
The White House levied new import duties on its three closest trading partners.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
California residents are paying more for electricity than practically any other state, according to a new report.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
Gov. Gavin Newsom said the $6.2 million Baby2Baby contract "went through a competitive bidding process." State records reveal it didn't. CBS California Investigates found dozens of similar no-bid deals in the state budget worth over $1 billion.
A new mural celebrating the history and landscape of Hood was unveiled Friday in the Sacramento River Delta community.
Elk Grove police suspect DUI was a factor in a crash on Elk Grove Boulevard late Thursday night that killed a woman in another vehicle.
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
A Patterson man died and three other people were injured in a two-vehicle crash near Modesto on Thursday evening, the California Highway Patrol said.
A 78-year-old woman has died after a crash along Elk Grove Boulevard Thursday night.
Gov. Gavin Newsom said the $6.2 million Baby2Baby contract "went through a competitive bidding process." State records reveal it didn't. CBS California Investigates found dozens of similar no-bid deals in the state budget worth over $1 billion.
The jury has now been instructed to continue deliberating on the lesser charge of second-degree murder.
A new mural celebrating the history and landscape of Hood was unveiled Friday in the Sacramento River Delta community.
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
Christopher Nolan's "The Odyssey" is playing in 70mm IMAX film at Sacramento's Esquire IMAX Theatre, one of only a small number of U.S. locations equipped to show the Matt Damon-led epic in the premium format.
Sources told CBS News Sacramento that the judge dismissed the first-degree murder counts after jurors were unable to reach a unanimous verdict. The jury has now been instructed to continue deliberating on the lesser charge of second-degree murder.
A successful Sacramento screen-printing company is giving back to its community. Their motivation: It turns out, the local business owners have never forgotten where they came from, and they're making a difference in the lives of young students.
A Sacramento couple placed a "Slow Down" sign in their Boulevard Park neighborhood to help curb speeding, but it keeps disappearing.
More than 1,000 people were evacuated from buildings in downtown Sacramento on Tuesday after a private contractor struck a high-pressure underground natural gas main, prompting a state investigation into how the excavation incident occurred.
A body found in San Francisco Bay on Thursday afternoon was identified as one of the three passengers missing after the sinking of their boat near Alcatraz Island on Tuesday.
A man who lost relatives in the San Francisco Bay boating tragedy says his brother who captained the vessel was an experienced seaman and not at fault.
A coalition of crime victims' families, prosecutors and victim advocates filed a lawsuit challenging new California Board of Parole Hearings regulations they say could allow some of the state's most violent offenders to seek release.
The U.S. Coast Guard announced Wednesday that the search for three boaters missing after their vessel sank in San Francisco Bay will be suspended at sunset.
A woman was killed in a boating collision on a lake in Plumas County over the weekend, the Sheriff's Office said.
West Sacramento's possible final chapter with the A's is coming into focus with the release of the team's 2027 schedule.
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Defending World Cup champion Argentina rallied to edge England 2-1 to advance to Sunday's final at MetLife Stadium, where they will face Spain.
Tiffany Hayes added 13 points, Janelle Salaun scored 12 and Kayla Thornton added 11 for Golden State (18-7), which has also won five straight road games.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
President Trump delivered a speech on election security Thursday night at the White House. Here are the facts behind some of his claims.
California Attorney General Rob Bonta filed lawsuits Thursday against five California cities, including Turlock, alleging they have failed to comply with the state's Housing Element Law by not adopting housing plans that meet state requirements.
The State Department is cracking down on universities accepting funding from foreign entities on U S. government watch lists.
A Monterey County company is now at the center of a nationwide cyclosporiasis outbreak. The Washington Post is reporting that lettuce from Taylor Farms, a company headquartered in Salinas, may have supplied contaminated lettuce to Taco Bell.
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.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
While there are a few Californians sick with cyclosporiasis, there aren't any known local outbreaks right now, and none linked to the national outbreak, state health officials say.
From bed bugs to asbestos to now Legionnaires' disease — since returning to the office, California state workers have faced many issues. One is now impacting the Department of Industrial Relations building in Lodi.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
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.
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.
Nothing but rubble remains of the McCombs home that was destroyed by the Kearny Fire. All their kids' toys, a wedding dress, memories and everything that meant something to them are completely gone.
All evacuation orders were lifted for a grass fire in rural Nevada County, west of Penn Valley, on Tuesday.
The Van Fire was reported Wednesday northeast of White Rock Road in Cathey's Valley, and north of Eastman Lake. The cause of the fire remains under investigation.
Three firefighters were injured while attacking a rapidly spreading vegetation fire sparked by a vehicle fire on Monday afternoon near Groveland, officials said.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
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.
Find out what kind of weather we're expecting this weekend.
It will be the final mid-summer edition of the fair.
There are 5,000 movie theaters across the United States, but only a handful are capable of showing director Christopher Nolan's new film "The Odyssey," starring Matt Damon, in its original 70mm IMAX format. One of those silver screens is in Sacramento.
The crash happened in the area of Elk Grove Boulevard and Stonelake Club Drive.
Ashley Williams reports.