Rents are cooling off, bolstering Fed's case for cutting rates
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
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After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Chipotle CEO Brian Niccol said the company is addressing portion sizes after finding 10% of its locations were skimping.
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Auto insurance has gone up 19.5% since June of last year, according to the latest Consumer Price Index data. The reason? Getting T-boned by inflation.
Key report on consumer prices comes ahead of interest-rate decision by the Federal Reserve in the afternoon.
Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
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.
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.
Junior Caminero hit his second game-ending homer in four games, an opposite-field liner leading off the ninth inning that gave the Tampa Bay Rays a 2-1 victory over the Athletics.
The Twin Rivers Unified School District is taking a stand against plans for a crematorium less than 1,000 feet from Babcock Elementary School in Sacramento, citing concerns about air quality and potential health risks for students and families.
A driver was arrested Tuesday night after crashing a Ford Mustang into a masonry building in Orangevale and trying to run away, officials said.
The crash happened near the spot of a deadly Metro bus crash in Chatsworth.
A major crash shut down eastbound Highway 50 in part of West Sacramento for hours on Tuesday evening, officials said.
NBC LA identified the two victims on board the helicopter as aerial news reporter Eliana Moreno and pilot George Marciniw.
Junior Caminero hit his second game-ending homer in four games, an opposite-field liner leading off the ninth inning that gave the Tampa Bay Rays a 2-1 victory over the Athletics.
The Chicanas Car Club is a group of women who say their cars are only part of the story. For them, lowriding is also about culture, family, empowerment and sisterhood.
For children facing cancer and other serious medical conditions, a hospital stay can be especially difficult. But at hospitals across Northern California, one familiar superhero is helping bring some joy to kids who need it most.
The Twin Rivers Unified School District is taking a stand against plans for a crematorium less than 1,000 feet from Babcock Elementary School in Sacramento, citing concerns about air quality and potential health risks for students and families.
The Twin Rivers Unified School District is taking a stand against plans for a crematorium less than 1,000 feet from Babcock Elementary School in Sacramento, citing concerns about air quality and potential health risks for students and families.
Sacramento police are searching for an e-bike rider who led officers on a chase Tuesday afternoon before getting onto Highway 99 and escaping.
Sol Blume, an R&B music festival in Sacramento that's been postponed several times, is still causing headaches for some ticket holders awaiting refunds.
Concert-goers arrived in Downtown Sacramento on Saturday expecting a day of reggae, hip-hop and food vendors. Instead, they found an empty park.
Friends and family gathered for the funeral of Shalini Thakur, 38, in Sacramento on Monday, nearly a week after she was shot and killed by her alleged stalker.
California dairy farmers are bracing for another economic hit as the escalating U.S.-Canada trade war brings new tariffs on American dairy products.
Thousands of Pacific Gas and Electric customers across Northern California had their power restored after the utility cut off power because of the risk of wildfires on Saturday.
The former Lake County public works director died in a crash along Highway 20 in Colusa County on Friday, authorities said.
A California law aimed at phasing out the sale of certain single-use propane cylinders will not take effect as planned after the Trump administration determined the state law is preempted by federal regulations.
A Homeland Security social media post targeting a specific group of commercial truck drivers is drawing criticism from California Gov. Gavin Newsom and a Central Valley trucking leader, who says legitimate safety concerns are being used to target an entire community.
Junior Caminero hit his second game-ending homer in four games, an opposite-field liner leading off the ninth inning that gave the Tampa Bay Rays a 2-1 victory over the Athletics.
Lawrence Butler hit a two-run drive off Andrés Muñoz in the ninth inning for his second home run of the game as the Athletics overcame a four-run deficit and beat Seattle 8-7, leaving the Mariners five games back in the AL West with 12 to play.
Manny Machado hit a two-run homer and the San Diego Padres ran their winning streak to seven games with a 6-4 victory over the San Francisco Giants on Sunday night.
San Francisco's Rafael Devers' season is over and he may have surgery for a core muscle injury.
Despite the final score, this one wasn't easy; the Americans faced their biggest deficit in the tournament in a long time.
Sen. Bernie Sanders is one of the most vocal opponents in Congress on rapid AI development, but bipartisan concerns are growing.
California Gov. Gavin Newsom told CNN's Jake Tapper that he would not seek the White House in 2028 if former Vice President Kamala Harris decides to run for president.
A U.S. enforcement push, dubbed "Heartland fraud surge," probed losses involving the Paycheck Protection Program and Economic Injury Disaster Loan program.
A trespasser was reported at former Vice President Kamala Harris' Malibu, California, home.
A California law aimed at phasing out the sale of certain single-use propane cylinders will not take effect as planned after the Trump administration determined the state law is preempted by federal regulations.
For children facing cancer and other serious medical conditions, a hospital stay can be especially difficult. But at hospitals across Northern California, one familiar superhero is helping bring some joy to kids who need it most.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Yolo County has reported its first death from West Nile virus this year as health officials say mosquito activity increases across the county and throughout California.
Stanislaus County has reported its first human case of West Nile virus for 2026 as the number of cases in California surges compared to recent years.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
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.
The Lucas Fire burning in the Potter Valley area of Mendocino County, right at the Lake County border, has prompted an evacuation order.
Two firefighters were injured while battling a wildfire in California's Mariposa County that prompted evacuation orders and road closures.
An evacuation order for the Ross Fire in Calaveras County was downgraded as crews stopped the forward progress.
The evacuation order and warning were lifted for the Clover Fire in the Alta Sierra area in Nevada County on Friday afternoon.
Evacuation orders have been lifted for a wildfire that ignited east of Mountain Ranch in Calaveras County on Thursday, officials said.
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.
Carmela Karcher reports.
Madisen Keavy reports.
A major crash has shut down eastbound Highway 50 in part of West Sacramento on Tuesday evening, officials said.
A nonprofit mobile veterinary clinic offering $20 spay and neuter surgeries is coming to Stanislaus County, where organizers say demand for affordable services has already far exceeded available appointments.
Brady Halbleib reports.