Trump's plan to tackle inflation could cause price spikes, experts say
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.
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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.
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.
It's a loss one friend says came after Susan Solari made the heartbreaking decision to stay behind with the dogs she loved.
Most high school students don't set foot on a college campus until after graduation. At one Sacramento City Unified School District campus, it's a graduation requirement.
California Attorney General Rob Bonta has joined a coalition of 19 attorneys general in supporting a federal lawsuit challenging Idaho's law that bars transgender students from using school restrooms and other sex-separated facilities that align with their gender identity.
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.
The Federal Aviation Administration has ordered inspections of hundreds of Boeing 737 Max jets after cracks were found in parts of some older model Boeing planes.
It's a loss one friend says came after Susan Solari made the heartbreaking decision to stay behind with the dogs she loved.
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.
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.
California Attorney General Rob Bonta has joined a coalition of 19 attorneys general in supporting a federal lawsuit challenging Idaho's law that bars transgender students from using school restrooms and other sex-separated facilities that align with their gender identity.
The Federal Aviation Administration has ordered inspections of hundreds of Boeing 737 Max jets after cracks were found in parts of some older model Boeing planes.
Most high school students don't set foot on a college campus until after graduation. At one Sacramento City Unified School District campus, it's a graduation requirement.
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.
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.
California Attorney General Rob Bonta has joined a coalition of 19 attorneys general in supporting a federal lawsuit challenging Idaho's law that bars transgender students from using school restrooms and other sex-separated facilities that align with their gender identity.
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.
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.
It's a loss one friend says came after Susan Solari made the heartbreaking decision to stay behind with the dogs she loved.
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.
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.
Madisen Keavy reports.
Most high school students don't set foot on a college campus until after graduation. At one Sacramento City Unified School District campus, it's a graduation requirement.
Darrielle Fair reports.
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!