Inflation runs hot for a third straight month, led by by gas and rent
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
Economists say Americans should be more upbeat about the economy given strong job growth and lower inflation.
Kurtis Ming has had conversations with people in our community about the impact of inflation on their personal finances. It's forcing some to make some tough choices.
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
Upticks signal a longer wait for rate cuts as the Federal Reserve's war against inflation isn't won just yet.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Inflation across the U.S. continues to fall but remains sticky, with the cost of rent, medicare care and used cars edging up last month.
Many feel worse off than their parents' generation as income isn't keeping up.
Red Lobster added all-you-can-eat shrimp to its menu. Then it realized how much Americans can eat.
About 60% of American workers say their income has lagged inflation over the past 12 months, survey shows.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
President Joe Biden has made America's case to CEOs attending the Asia-Pacific summit in San Francisco that the United States is committed to high standards in trade that will benefit economies across the Pacific.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
Spending at US retailers continued to grow last month, a fresh sign that American shoppers aren't tapping out just yet.
The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates.
The price per box is increasing to $6, up from $5 last year, in select parts of the US.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Despite uptick in prices, Wall Street analysts still expect inflation to continue easing over the coming months.
Golden 1 Center was quiet Saturday night after two attempts to hold a Rod Wave concert. First, it was canceled due to chaos. Then it was canceled due to staffing issues.
The Los Angeles Lakers ride a 21-0 run to open the fourth quarter against the Sacramento Kings and hang on to win 131-127 at Crypto.com Arena Saturday night.
A portion of Highway 37 in Solano County will be closed down on Saturday afternoon as crews clean up gas leaking from an overturned big rig, the California Highway Patrol said.
Four juveniles were detained when police located a stolen vehicle crashed after it was seen doing donuts late Friday night at a sideshow in West Sacramento, police said.
The strikes risk pushing the archenemies closer to all-out war at a time of spiraling violence across the Middle East, where militant groups backed by Iran are already at war with Israel.
Golden 1 Center was quiet Saturday night after two attempts to hold a Rod Wave concert. First, it was canceled due to chaos. Then it was canceled due to staffing issues.
Four juveniles were detained when police located a stolen vehicle crashed after it was seen doing donuts late Friday night at a sideshow in West Sacramento, police said.
A portion of Highway 37 in Solano County will be closed down on Saturday afternoon as crews clean up gas leaking from an overturned big rig, the California Highway Patrol said.
The Los Angeles Lakers ride a 21-0 run to open the fourth quarter against the Sacramento Kings and hang on to win 131-127 at Crypto.com Arena Saturday night.
CBS13 talked with the victim's sister, who said she remembers her as fun, full of life and the first to lend a helping hand.
In recent years, there's been a spotlight on all the garbage and debris generated by homeless encampments, but now there's a new focus on a different type of dangerous trash being left behind.
The search is on for a missing demon dog after a young boy's Halloween decoration was snatched from his east Sacramento yard this week.
A massive, ten-story-tall billboard is now up just blocks away from the Golden 1 Center in downtown Sacramento.
A Sacramento man was sentenced to nearly 20 years in prison for trafficking fentanyl and methamphetamine, prosecutors said Thursday.
We looked into how the area could become a new place for local entertainment and people wanting to open up micro businesses.
Registered voters in California will be weighing in 10 statewide propositions and will select their next U.S. senator in the 2024 election.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.
Ski resorts around Lake Tahoe are starting to reveal their targeted opening days for the 2024-25 winter season.
Oct. 21 was the last day to register online or by mail to vote in California for the 2024 election. Here's what you need to know if you missed the deadline.
An inmate who escaped from a Northern California jail last month was located and arrested at his home on Thursday, deputies say.
The Los Angeles Lakers ride a 21-0 run to open the fourth quarter against the Sacramento Kings and hang on to win 131-127 at Crypto.com Arena Saturday night.
Here's how much it will cost you just to get into the stadium in what's expected to be the most expensive World Series ever.
Shohei Ohtani's 50th home run ball has sold at auction for nearly $4.4 million, a record high price not just for a baseball, but for any ball in any sport.
Fernando Valenzuela, known affectionately as "El Toro," has died at 63 years old. The starting pitcher led the Boys in Blue to one World Series title and still ranks amongst the franchise leaders in nearly every pitching category.
Bronny James entered the game with his father, LeBron James, with four minutes left in the first half and the Los Angeles Lakers leading the Minnesota Timberwolves.
In a statement, Israel Defense Forces said that "in response to months of continuous attacks," it conducted "precise strikes on military targets in Iran."
Placer County voters are looking at a sales tax to raise more than $1 billion for transportation and infrastructure improvements.
Two more members of the Los Angeles Times editorial board have resigned after the newspaper's owner blocked its plan to endorse Democratic Vice President Kamala Harris for president.
President Biden in Arizona issued a formal presidential apology for the atrocities committed during a 150-year era of forced federal Indian boarding schools.
Registered voters in California will be weighing in 10 statewide propositions and will select their next U.S. senator in the 2024 election.
A notice to Costco customers urges them not to consume some packages of salmon over concerns it could be contaminated with listeria.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
The EPA has finalized stricter rules meant to limit the exposure of children to lead paint.
McDonald's said it believes onions may be to blame for the deadly E. coli outbreak linked to its Quarter Pounder.
Some bottles of the antidepressant duloxetine, sold under the brand name Cymbalta, were recalled due to the presence of a toxic chemical.
A Fairfield couple had their home insurance policy canceled because of a photo taken from high above their residence. They called Kurtis when they thought the insurance carrier got it wrong.
Inflation and California's higher wages are driving up the cost of dining out, but the Call Kurtis team has found some relief for your wallet in the form of discount gift cards for restaurants.
A Sacramento mother is seeking answers—and justice—after discovering that her daughter's grave was moved without her knowledge.
A Lodi animal rescue and adoption agency said someone hijacked their Facebook page and is using it to rip people off. They reached out to the Call Kurtis team to look into it.
A Folsom viewer said a credit reporting agency is refusing to remove a debt that isn't hers. She reached out to the Call Kurtis team for help.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.
The CHP 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 confirmed.
CBS News California takes a closer look at the drug component of the high-profile Proposition 36 to fact-check claims about the ballot measure from supporters and opponents.
A Rocklin man lost his wife this year. When he found himself locked out of their email account, he decided to call Kurtis.
Fentanyl took her life. Frustrated with the legislature, Matt Capelouto took matters into his own hands and attempted to get Alexandra's Law on the ballot so that the public could vote on it themselves.
During the last few years, the issue for the real estate market in Sacramento was that few homes were for sale. But, that has changed. Inventory is now up. Unfortunately, demand for that residential inventory isn't.
When a Lodi woman went to use the protection plan she purchased, she was told the company was out of business.
The Call Kurtis team is always looking for ways to help you save money. That includes getting haircuts at heavily discounted prices that are worth getting a trim for.
A Rocklin man lost his wife this year. When he found himself locked out of their email account, he decided to call Kurtis.
There are many money-saving deals out there for senior citizens these days that you may not know about.
A new wildfire burning near the Nevada and Placer county line has forced officials to issue mandatory evacuations in both counties on Saturday.
As wildfires rage across California, new research reveals an alarming impact on one of the region's most vital industries: agriculture.
California voters will be asked to authorize the state to borrow $10 billion to pay for climate and environmental projects, including wildfire prevention.
Forward progress has been stopped for a fire burning in southeastern Butte County that forced officials to issue evacuation warnings on Thursday.
El Dorado and Placer County communities continue to recover two years after the Mosquito Fire burned more than 76,000 acres.
It was a day of conquering fears and overcoming odds at the Sacramento Deep Water Channel this weekend. People living with physical disabilities got an opportunity to feel the exhilaration of setting sail.
A nutrition program to get kids excited about healthy eating in Yuba City is seeing success and now the farm-to-school program will be growing not just food but in size and opportunity.
Kids and teens in Stockton are flocking to a program that's offering them the opportunity of a lifetime.
More than one hundred customers came out to celebrate the grand reopening of a restaurant that's been around for seven decades.
Pursuing higher education can be challenging for any college-bound student and for former foster youth, doing it alone can seem impossible.
Here's what the secretary of state says about early voting turnout.
Golden 1 Center was quiet Saturday night after two attempts to hold a Rod Wave concert. First, it was canceled due to chaos. Then it was canceled due to staffing issues.
Here's a look at the weather forecast Saturday evening.
Four juveniles were detained when police located a stolen vehicle crashed after it was seen doing donuts late Friday night at a sideshow in West Sacramento, police said.
Here are the top plays from week 10 of high school football.