Why Social Security's next cost-of-living hike could hurt seniors
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
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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.
The Placer County Fair is officially underway celebrating its 85th year. But as the rides go up, are prices to get in going up as well?
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
Hotter, drier weather is already wreaking havoc on European crops, and is predicted to boost food prices in the U.S.
The Saudi cut of 1 million barrels per day comes as the other OPEC+ producers agreed to extend earlier production cuts through next year.
Planning on squirting some ketchup on your hot dog at a barbecue this weekend? You may be seeing red.
Americans are keeping their cars longer than ever.
President Biden is hoping to stack the Central Bank with its top governors as it continues working to stem inflation.
Coffee chain says the charge is necessary because the cold juice drinks are more expensive to make when not diluted.
Prices rose at the slowest rate in two years amid the Federal Reserve's ongoing series of interest rate hikes.
Grocery costs are rising at a slower pace, with some food items actually dipping.
A teenage bike group at the center of viral videos showing them weaving through traffic and hitting cars in Stanislaus County says the behavior is intentional and often driven by social media attention.
The wreckage of a boat that capsized near Alcatraz Island earlier this week, leaving two people still missing, has been located on the floor of San Francisco Bay, officials announced.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Gov. Gavin Newsom said the $6.2 million Baby2Baby contract "went through a competitive bidding process." State records reveal it didn't. CBS California Investigates found dozens of similar no-bid deals in the state budget worth over $1 billion.
A new mural celebrating the history and landscape of Hood was unveiled Friday in the Sacramento River Delta community.
San Francisco police say its marine unit found the submerged 49-foot Volare using boat-mounted sonar in the area where it sank Tuesday afternoon.
Gov. Gavin Newsom said the $6.2 million Baby2Baby contract "went through a competitive bidding process." State records reveal it didn't. CBS California Investigates found dozens of similar no-bid deals in the state budget worth over $1 billion.
A teenage bike group at the center of viral videos showing them weaving through traffic and hitting cars in Stanislaus County says the behavior is intentional and often driven by social media attention.
A 78-year-old woman has died after a crash along Elk Grove Boulevard Thursday night.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Christopher Nolan's "The Odyssey" is playing in 70mm IMAX film at Sacramento's Esquire IMAX Theatre, one of only a small number of U.S. locations equipped to show the Matt Damon-led epic in the premium format.
Sources told CBS News Sacramento that the judge dismissed the first-degree murder counts after jurors were unable to reach a unanimous verdict. The jury has now been instructed to continue deliberating on the lesser charge of second-degree murder.
A successful Sacramento screen-printing company is giving back to its community. Their motivation: It turns out, the local business owners have never forgotten where they came from, and they're making a difference in the lives of young students.
A Sacramento couple placed a "Slow Down" sign in their Boulevard Park neighborhood to help curb speeding, but it keeps disappearing.
More than 1,000 people were evacuated from buildings in downtown Sacramento on Tuesday after a private contractor struck a high-pressure underground natural gas main, prompting a state investigation into how the excavation incident occurred.
A body found in San Francisco Bay on Thursday afternoon was identified as one of the three passengers missing after the sinking of their boat near Alcatraz Island on Tuesday.
A man who lost relatives in the San Francisco Bay boating tragedy says his brother who captained the vessel was an experienced seaman and not at fault.
A coalition of crime victims' families, prosecutors and victim advocates filed a lawsuit challenging new California Board of Parole Hearings regulations they say could allow some of the state's most violent offenders to seek release.
The U.S. Coast Guard announced Wednesday that the search for three boaters missing after their vessel sank in San Francisco Bay will be suspended at sunset.
A woman was killed in a boating collision on a lake in Plumas County over the weekend, the Sheriff's Office said.
West Sacramento's possible final chapter with the A's is coming into focus with the release of the team's 2027 schedule.
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Defending World Cup champion Argentina rallied to edge England 2-1 to advance to Sunday's final at MetLife Stadium, where they will face Spain.
Tiffany Hayes added 13 points, Janelle Salaun scored 12 and Kayla Thornton added 11 for Golden State (18-7), which has also won five straight road games.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
President Trump delivered a speech on election security Thursday night at the White House. Here are the facts behind some of his claims.
California Attorney General Rob Bonta filed lawsuits Thursday against five California cities, including Turlock, alleging they have failed to comply with the state's Housing Element Law by not adopting housing plans that meet state requirements.
The State Department is cracking down on universities accepting funding from foreign entities on U S. government watch lists.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A Monterey County company is now at the center of a nationwide cyclosporiasis outbreak. The Washington Post is reporting that lettuce from Taylor Farms, a company headquartered in Salinas, may have supplied contaminated lettuce to Taco Bell.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
While there are a few Californians sick with cyclosporiasis, there aren't any known local outbreaks right now, and none linked to the national outbreak, state health officials say.
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.
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.
All evacuation orders were lifted for a grass fire in rural Nevada County, west of Penn Valley, on Tuesday.
The Van Fire was reported Wednesday northeast of White Rock Road in Cathey's Valley, and north of Eastman Lake. The cause of the fire remains under investigation.
Three firefighters were injured while attacking a rapidly spreading vegetation fire sparked by a vehicle fire on Monday afternoon near Groveland, officials said.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
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.
Nina Burns reports.
Find out what kind of weather we're expecting this weekend.
It will be the final mid-summer edition of the fair.
There are 5,000 movie theaters across the United States, but only a handful are capable of showing director Christopher Nolan's new film "The Odyssey," starring Matt Damon, in its original 70mm IMAX format. One of those silver screens is in Sacramento.
The crash happened in the area of Elk Grove Boulevard and Stonelake Club Drive.