Price of gold hit record high this week. Here's why.
The rush for gold continues as economic uncertainty deepens and anxious investors seek a safe haven for their money.
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The rush for gold continues as economic uncertainty deepens and anxious investors seek a safe haven for their money.
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.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
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.
Elly De La Cruz hit his fourth career leadoff home run — one of four homers by Cincinnati — and the Reds beat the Athletics 6-5 to complete a three-game sweep.
A bicyclist died after being struck by a pickup truck on an Interstate 80 off-ramp in Fairfield late Thursday morning.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
Teamsters California announced that it is suing the state Department of Motor Vehicles over new regulations allowing companies to seek permits to test and deploy driverless heavy-duty trucks.
A 24-year-old man was found dead along Placerville's historic Main Street on Thursday morning, authorities said
A body was recovered from a burned home in the Gann Fire burn scar in Northern California's Calaveras County, the coroner's office confirmed Thursday.
A teenage girl who jumped into Lake Natoma from Rainbow Bridge in Folsom was taken to a hospital Wednesday after landing on her back and getting stranded on a rock, officials said.
Elly De La Cruz hit his fourth career leadoff home run — one of four homers by Cincinnati — and the Reds beat the Athletics 6-5 to complete a three-game sweep.
A 24-year-old man was found dead along Placerville's historic Main Street on Thursday morning, authorities said
A bicyclist died after being struck by a pickup truck on an Interstate 80 off-ramp in Fairfield late Thursday morning.
Two people were injured in a suspected road-rage shooting Wednesday evening in North Sacramento, officials said.
Parents who have lost their kids to gun violence met in Downtown Sacramento for a special National Night Out gathering to raise awareness and gather signatures of support for a proposed new law that would increase security at nightclubs.
Movie crews are rolling into town to shoot "Mona," a coming-of-age film set in the 1990s by Sacramento native Danielle Truitt, who returned home to tell a story inspired by her own childhood.
The Sacramento Police Department said it is investigating a shooting that happened late Saturday night at a large house party in the city's Fab 40s neighborhood.
As a heat dome pushed temperatures higher across much of the West, residents around Sacramento found creative and refreshing ways to stay cool.
Teamsters California announced that it is suing the state Department of Motor Vehicles over new regulations allowing companies to seek permits to test and deploy driverless heavy-duty trucks.
A body was recovered from a burned home in the Gann Fire burn scar in Northern California's Calaveras County, the coroner's office confirmed Thursday.
A California lawmaker is making a final push to pass legislation that would restrict companies from using consumers' personal data and AI to set individualized prices, with supporters hoping to send the bill to the governor before the legislative session ends.
A CHP officer was airlifted to a hospital after a tractor-trailer struck a patrol pickup Wednesday morning in rural Merced County, officials said.
A Glenn County resident has died from West Nile virus, marking the county's first death linked to the mosquito-borne illness and California's second of 2026, public health officials said.
Elly De La Cruz hit his fourth career leadoff home run — one of four homers by Cincinnati — and the Reds beat the Athletics 6-5 to complete a three-game sweep.
Longtime San Francisco Giants broadcaster Mike Krukow announced on Thursday that he would retire at the end of the season.
Matt McLain homered, Rhett Lowder won for the first time since April and the Cincinnati Reds beat the Athletics 3-2 on Wednesday night.
Elly De La Cruz and Sal Stewart drew walks leading off the eighth inning against Hogan Harris and both scored on wild pitches to help the Cincinnati Reds beat the Athletics 5-4.
Veronica Burton contributed 12 points, eight rebounds and seven assists for Golden State in the second straight matchup of the teams at sold-out Chase Center after the Valkyries beat the Tempo 96-79 on Sunday night.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
A California lawmaker is making a final push to pass legislation that would restrict companies from using consumers' personal data and AI to set individualized prices, with supporters hoping to send the bill to the governor before the legislative session ends.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
CBS News Sacramento spoke with the head of UC Davis Children's Hospital about the rising cases and why measles specifically is the most infectious disease.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
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.
For Mary Anne and Glenn Meeks, the fire's rapid growth left little time to prepare. The couple spent the night at an evacuation center in Valley Springs after flames moved to within a few miles of their home.
The Northern California wildfire has burned 7,052 acres with no containment, keeping evacuations in place near New Hogan Lake.
All evacuation orders have been lifted for a fast-moving wildfire that sparked near the Nevada and Yuba county line Wednesday afternoon.
Firefighters stopped the forward progress of a vegetation fire that forced evacuations Sunday afternoon in the Pilot Hill area of El Dorado County.
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.
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.
A teenage girl who jumped into Lake Natoma from Rainbow Bridge in Folsom was taken to a hospital Wednesday after landing on her back and getting stranded on a rock, officials said.
Here is a look at your next seven days of weather!
Conor McGill reports.
Find out what kind of weather we're expecting this weekend.
An outpost of the Philippines' most popular fast-food chain is opening in Roseville.