Poll: Americans feel inflation's impact on living standards, opportunities
Many feel worse off than their parents' generation as income isn't keeping up.
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Many feel worse off than their parents' generation as income isn't keeping up.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
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.
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.
Child poverty in the United States more than doubled and median household income declined last year when coronavirus pandemic-era government benefits expired and inflation kept rising.
Stocks are holding on to gains after Federal Reserve Chair Jerome Powell said more rate hikes could be on the way.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Strong consumer demand for SUVs and trucks has left few options for price-conscious vehicle buyers.
Officials want more data to be confident that inflation is abating, according to the minutes of their July 25-26 meeting.
For the first time in the U.S., credit card debt has surpassed $1 trillion.
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Health insurance premiums on Covered California will increase an average of 9.6% next year.
Sales of previously occupied U.S. homes fell in June to the slowest pace since January, as a near-historic low number of homes for sale and rising mortgage rates kept many would-be homebuyers on the sidelines.
Cooling price growth in food, rent and energy mean that workers' pay is finally beating inflation.
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
Although policymakers kept rates steady last month, some Fed officials wanted to keep raising them.
There is a new push by a coalition of regional stakeholders to revitalize shipbuilding in Solano County and the surrounding area, asking the federal government to designate the California Delta as a "maritime prosperity zone."
Sacramento County has more than 2,200 miles of roads, and one of the busiest just got a multi-million-dollar makeover.
The International Sportsmen's Expo is back at Cal Expo this weekend, giving outdoor enthusiasts a chance to explore everything from fishing and hunting gear to boats, RVs, and adventure travel — all without leaving Sacramento.
Newly released video from the Sacramento County Sheriff's Office shows the moments leading up to an officer-involved shooting that killed a former sheriff's deputy suspected of fatally stabbing his 11-year-old son.
Domantas Sabonis scored 13 points in his return from a knee injury, Russell Westbrook had 26 and the Sacramento Kings beat the Washington Wizards 128-115 on Friday night for their fourth straight victory.
A special election will be held in August to fill California's 1st Congressional District, left vacant following the death of Rep. Doug LaMalfa.
Del Monte Foods is shutting down its Modesto fruit cannery, bringing an end to operations at a facility that has long been part of the agricultural economy in California's Central Valley.
There is a new push by a coalition of regional stakeholders to revitalize shipbuilding in Solano County and the surrounding area, asking the federal government to designate the California Delta as a "maritime prosperity zone."
There are plans to build a new restaurant in North Natomas, but some city officials are trying to deny the project's approval permit.
Sacramento County has more than 2,200 miles of roads, and one of the busiest just got a multi-million-dollar makeover.
The International Sportsmen's Expo is back at Cal Expo this weekend, giving outdoor enthusiasts a chance to explore everything from fishing and hunting gear to boats, RVs, and adventure travel — all without leaving Sacramento.
Raising Cane's is raising controversy in Sacramento. There are plans to build a new restaurant in North Natomas, but some city officials are trying to deny the project's approval permit.
Work is continuing in Downtown Sacramento on building a new soccer stadium for the Republic FC, which is scheduled to open in 2027. But some people are protesting one of the ways that the new stadium is being funded.
It's been a grim start to the new year, with four more people dying over the weekend in car crashes on Sacramento streets. Traffic safety advocates say they happened on roads known for dangerous speeds and intersections.
There's another roadblock in seeking justice for a woman who was hit and nearly killed while riding her bike in Sacramento.
A special election will be held in August to fill California's 1st Congressional District, left vacant following the death of Rep. Doug LaMalfa.
President Trump and California Gov. Gavin Newsom are both pitching plans to restrict corporations from buying single-family homes.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
Current drought maps are showing California is drought-free for the first time in 25 years.
A man convicted in a retail theft spree across 11 Northern California counties between 2023 and 2025 was sentenced to prison on Wednesday, authorities said.
Domantas Sabonis scored 13 points in his return from a knee injury, Russell Westbrook had 26 and the Sacramento Kings beat the Washington Wizards 128-115 on Friday night for their fourth straight victory.
The Athletics have hired former Colorado Rockies general manager Bill Schmidt as the club's special assistant to the scouting department.
Postal officials have unveiled a forever stamp honoring Muhammad Ali. It marked the ultimate reversal of the government's view of the late boxing legend.
Seahawks QB Sam Darnold injured his left oblique during Thursday's practice and was listed as questionable for Saturday's NFC divisional playoff game against the 49ers, but he said he's confident he'll play.
San Francisco's star linebacker Fred Warner is out for the 49ers' playoff game against Seattle.
The Trump administration is delaying its plans to withhold pay from student loan borrowers who default on their payments, backing off a measure that threatened to deliver a financial blow to millions of Americans.
A special election will be held in August to fill California's 1st Congressional District, left vacant following the death of Rep. Doug LaMalfa.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
The number of ICE detainees exceeded 70,000 for the first time in the deportation agency's 23-year history, according to internal DHS data obtained by CBS News.
The Pentagon says it's changing the independent military newspaper Stars and Stripes so it no longer includes "woke distractions."
The Harmony Health Street Medicine team spends their days visiting encampments and connecting with vulnerable people, meeting them where they are and offering care outside of a clinic and without barriers.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
Officials said there were 35 cases of wild mushroom poisoning across California between Nov. 18 and Jan. 4. In an average year, fewer than five cases of wild mushroom poisoning occur statewide, according to Sonoma County health officials.
This week, the U.S. Centers for Disease Control and Prevention (CDC) issued new vaccination guidelines and now, some western states are telling people they're too dangerous to follow.
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.
San Joaquin County's retail theft reporting app has only been around for six months and is already bringing a sense of calmness to local business owners.
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.
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.
Clean-up has started in Chinese Camp after the TCU September Lightning Complex Fire ripped through the Gold Rush town earlier this month.
The fires burning in Calaveras and Tuolumne County caused air quality officials to issue a smoke advisory, warning people that the air quality may be unhealthy for sensitive groups.
The TCU Lightning Complex fires have burned nearly 14,000 acres in Central California, but in a Saturday update, Cal Fire said containment was at 42%.
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.
Ashley Sharp reports.
Sacramento County has more than 2,200 miles of roads, and one of the busiest just got a multi-million-dollar makeover.
The International Sportsmen's Expo is back at Cal Expo this weekend, giving outdoor enthusiasts a chance to explore everything from fishing and hunting gear to boats, RVs, and adventure travel — all without leaving Sacramento.
Nina Burns reports.
Traffic was blocked on I-5 near State Route 120.