Inflation runs hot for a third straight month, led by by gas and rent
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
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.
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.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis 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.
Two suspects in a deadly shooting at a Tracy park have been arrested more than a year after the shooting, police said.
One man was rushed to the hospital and another was arrested after a stabbing in Tuolumne County late Monday morning, deputies said.
A school bus driver transporting students Tuesday evening was sent to the hospital after a crash in Galt Tuesday evening, officials said.
A landmark study just kicked off with the goal of answering why Black women have a much higher mortality rate when it comes to cancer. It just launched last week and they need volunteers in California to help.
Alcohol is believed to be a factor in a crash that killed a man near Rancho Murieta Tuesday evening, the California Highway Patrol said.
A school bus driver transporting students Tuesday evening was sent to the hospital after a crash in Galt Tuesday evening, officials said.
An investigation is underway after a man died in a three-vehicle crash on Highway 16 just east of Rancho Murieta Tuesday afternoon, the California Highway Patrol said.
Two suspects in a deadly shooting at a Tracy park have been arrested more than a year after the shooting, police said.
One man was rushed to the hospital and another was arrested after a stabbing in Tuolumne County late Monday morning, deputies said.
The second-largest city in Sacramento County will soon be welcoming a zoo and an expansion to the Sky River Casino.
The state has included new bonus features in the space meant to lure state workers to the new site. Those features include a gym, restaurants, and a childcare center.
The alleged acts occurred from 2018 to 2019. The children ranged between the ages of 6 and 8.
The deadline for protests at Sacramento State to clear out is looming and is set to expire Wednesday night, according to the university's last update.
From rock concerts to food festivals, tourists attending Sacramento events are providing a big boost to the local economy.
The paper published the anonymous student quote in a back page column. The quote was printed among nine "favorite" responses to a question from newspaper staff about strange things heard in school hallways.
A landmark study just kicked off with the goal of answering why Black women have a much higher mortality rate when it comes to cancer. It just launched last week and they need volunteers in California to help.
California Gov. Gavin Newsom spoke in the Bay Area on Tuesday about how the state is trying to transform mental health support.
The remains of a U.S. Army soldier from Northern California who died as a prisoner of war in the Philippines during World War II have been accounted for, the Defense POW/MIA Accounting Agency (DPAA) announced Tuesday.
Roger Corman, the "King of the Bs" who helped turn out such low-budget classics as "Little Shop of Horrors" and "Attack of the Crab Monsters" has died. He was 98.
Two people from Northern California died after they went missing while climbing California's Mount Whitney earlier this week.
Fans who want to attend A's game at Sutter Health Park in West Sacramento can now place a deposit to secure priority purchase access or sign up to be notified when tickets go on sale.
The San Francisco Bay Area's new WNBA team is called the Golden State Valkyries, a brand identity the team announced on Tuesday.
Will Smith hit a two-run double in the 10th inning to lead the Los Angeles Dodgers a 6-4 win over the San Francisco Giants for their fourth straight victory this season over their rivals.
Alex Bregman homered twice and had a season-high four RBIs to lead the Houston Astros to a 9-2 win over the Oakland Athletics on Monday night.
The Nevada Supreme Court on Monday struck down a proposed ballot initiative that would allow voters to decide whether to repeal up to $380 million in public funding for a new MLB stadium in Las Vegas.
California Gov. Gavin Newsom spoke in the Bay Area on Tuesday about how the state is trying to transform mental health support.
Eight TikTok users said that the new law signed by President Biden violates their First Amendment rights.
Assaults against law enforcement officers with firearms are on the rise, according to a new FBI report.
The state has included new bonus features in the space meant to lure state workers to the new site. Those features include a gym, restaurants, and a childcare center.
The Nevada Supreme Court on Monday struck down a proposed ballot initiative that would allow voters to decide whether to repeal up to $380 million in public funding for a new MLB stadium in Las Vegas.
A landmark study just kicked off with the goal of answering why Black women have a much higher mortality rate when it comes to cancer. It just launched last week and they need volunteers in California to help.
A Bay Area-based study finds that 80% of Asian American women with lung cancer never smoked and researchers are trying to figure out why.
Some of the strains in the "FLiRT" group are closely related to the JN.1 COVID variant from last winter.
Officials with the California Department of Public Health issued a warning Wednesday to consumers seeking Botox injections and to healthcare providers, saying counterfeit Botox has been found in multiple states.
A Stockton small business owner is realizing her dream of helping others achieve their own health and wellness dreams.
From rock concerts to food festivals, tourists attending Sacramento events are providing a big boost to the local economy.
A Stockton small business owner is realizing her dream of helping others achieve their own health and wellness dreams.
Neighbors in Roseville will soon see their energy bills go up after the city council approved a proposal allowing Roseville Electric to raise its prices.
Some California restaurants are bracing for big changes to how they charge customers as a new law takes effect this summer that bans hidden fees from people's bills.
The first numbers are in to show the impact of California's increase in fast-food worker salaries on consumer prices.
CBS News California has identified a spike in the number of "sexually violent predators" who are being granted conditional release by the Department of State Hospitals amid an ongoing struggle to find housing for the men. The reporting prompted several proposed changes to state law, but, one by one, the bills are dying inside California's capitol.
They fought for fentanyl legislation, but it was killed before lawmakers even got to vote. Four grieving moms wanted to know why. They're uncovering the truth using a new AI tool designed to help everyday Californians hold lawmakers accountable. They discovered powerful lawmakers killed the popular fentanyl bill by *not* voting.
The California State Capitol Capitol doesn't generally work the way people think it does. We're following bills prompted by our reporting, to show you how things really work inside California's Capitol.
California law says genetic testing companies have to get your permission before they store, use or sell your DNA, but the state itself doesn't have to get your permission and has been storing DNA samples from every baby born there since the '80s. Lawmakers want to change that, but face an uphill battle.
A bill introduced in the wake of our "Handcuffs in Hallways" investigation aims to reduce "unnecessary" calls for police at schools. But one California lawmaker could kill it without a vote.
Eric Stevens planned to buy his 90-year-old mom a wheelchair with his tax refund. Instead, he got a lousy piece of paper from the Franchise Tax Board saying they intercepted $1,483 — his entire tax refund.
The victims are smart, they're savvy, and they're still getting tricked.
The state regulates crematoriums for people, but we've learned there is zero oversight for pet crematoriums.
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.
Theresa Ingraham paid for her homeowners insurance each month through her mortgage payment but learned that after her house fire, her AAA bill went unpaid.
It's a good time to do some spring cleaning around the yard to make sure your home is prepared for the upcoming fire season, and in California, everyone should prepare.
Beavers. They've had a bad reputation. Many call them pests, but they're far from it. They play such an important role in our ecosystem that their work can even curtail wildfires.
A former Grizzly Flats resident received a shocking notice this week that her insurance is being invoiced for debris removal related to the Caldor Fire, which decimated the El Dorado County town in 2021.
Firearm-related charges were dismissed this week against one of the two men arrested in connection to the Caldor Fire that tore through El Dorado County in 2021, prosecutors said Thursday.
The Senate Committee on Insurance passed a bill Wednesday that lawmakers said will address the cost and availability of fire insurance in California.
A bank employee in Lodi has some big bragging rights. He's never missed a day of work in his 47 years on the job and now he's getting ready to retire.
Meet Frannie the dog, Instagram's newest fitness influencer.
A Yuba City mom started a baseball team for kids with physical and intellectual disabilities after finding her 11-year-old son with Down Syndrome didn't have anywhere to play.
A Sacramento nonprofit is teaming up with a local credit union to give back so seniors can safely do basic tasks like bathing or exercising. Those lending a helping hand are also a group of seniors.
The high school players have trained hard all season to make Friday night's finals, and they didn't let their physical and mental challenges get in the way of playing a good game.
A school bus driver transporting students Tuesday evening was sent to the hospital after a crash in Galt Tuesday evening, officials said.
Alcohol is believed to be a factor in a crash that killed a man near Rancho Murieta Tuesday evening, the California Highway Patrol said.
Other cities have been calling the San Joaquin County sheriff after a massive sideshow bust earlier this year has led to a decrease in sideshow activity.
Fans who want to attend A's game at Sutter Health Park in West Sacramento can now place a deposit to secure priority purchase access or sign up to be notified when tickets go on sale.
It's not always comfortable talking about mental health with your kids but experts say those conversations are critical for a child's healthy development and well-being.