Rising grocery prices could lead to shrinkflation, food industry analyst says
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
Watch CBS News
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
The Supreme Court on Tuesday said it will decide whether President Trump can impose his most sweeping tariffs.
President Trump has claimed the authority to bypass Congress and impose sweeping tariffs, but a new ruling throws that in doubt.
An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
Trade experts say the Trump administration's barrage of new tariffs could raise prices for consumers and cause headaches for businesses.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
The Trump administration is poised to hit dozens of nations around the world with higher tariffs starting next week.
President Trump said he is giving more time to Mexico to strike a trade deal ahead of his Aug. 1 tariff deadline.
Economists says the new U.S.-EU trade pact averts a trade war and eases uncertainty, but locks high tariffs into place.
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
President Trump has threatened to impose a 30% tariff on imports from the European Union's 27 member countries if no trade deal is reached by Aug. 1.
The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.
Americans are starting back-to-school shopping earlier this year out of concern over tariffs, according to a new study.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Fresh tomatoes from Mexico — which supplies about 70% of the U.S. tomato market — will face a 17.09% duty.
The U.S. just ended a decades-old tomato trade agreement with Mexico, and while prices could soon spike at grocery stores and restaurants across the country, one Stanislaus County farmer says not so fast.
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
The S&P 500 and Nasdaq notched new all-time highs, buoyed by easing trade tensions and hopes for lower interest rates.
President Trump said he'll let Canada know what their tariff rate on exports to the U.S. will be soon.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
An effort is underway to ensure people aren't being rubbed the wrong way in the Northern California city of Citrus Heights.
The Israel Defense Ministry said in a statement that it launched the strike because it was expecting "a missile and drone attack" from Iran "in the immediate future."
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
"Today's sentence brings a measure of justice to something that can never be made right," Adrienne Spohr, a daughter of the couple, told members of the press following the hearing.
Another rate hike for parking meters across Sacramento is being considered to help balance the city's $66 million budget deficit.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
Another rate hike for parking meters across Sacramento is being considered to help balance the city's $66 million budget deficit. Here are the changes that could be coming to parking spaces across the city.
Adding to the Sacramento skyline is a $300 million project to replace one of the city's most prominent landmarks: the I Street bridge.
If you drive into Sacramento, chances are you're being caught on camera.
Improving access to food and lifting a community — that's been the mission of Universoul Cafe, a Black-owned Sacramento food recovery organization since 2019.
Mayor Kevin McCarty announced a popular midtown business is expanding to fill the old riverfront Rio City Cafe site, which suddenly closed in 2024 in a dispute with the city.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
There's a push at the California State Capitol to allow community colleges to offer bachelor's degree programs.
This week's avalanche north of California's Lake Tahoe has become the deadliest in the state's recorded history. Here are the warning signs experts say you should recognize to avoid avalanche danger.
The California Highway Patrol said the three men were fixing a tire chain on the side of Highway 50 when they were struck by a driver who had lost control of his vehicle. All three suffered major injuries and were taken to the hospital.
The CEO of the California High-Speed Rail Authority was arrested earlier this month in Folsom on suspicion of domestic battery, officials said Monday.
Precious Achiuwa had a career-high 29 points and added 12 rebounds, Maxime Raynaud scored 22 points and the Sacramento Kings beat the Dallas Mavericks 130-121 on Thursday night.
Reed Sheppard made a career-high seven 3-pointers and scored 28 points, Alperen Sengun had 26 points, 13 rebounds and 11 assists, and the Houston Rockets beat the Sacramento Kings 128-97 on Wednesday night.
Russell Westbrook scored 25 points, and Precious Achiuwa had 22 points and 12 rebounds as the Sacramento Kings snapped a 16-game losing streak — the longest in franchise history — with a 123-114 victory over the Memphis Grizzlies.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
Victor Wembanyama had 28 points and 15 rebounds, and the San Antonio Spurs beat the Sacramento Kings 139-122 for their eighth straight win and a sweep of their two games in Austin.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Health officials in the East Bay said a man has died from consuming toxic wild mushrooms, amid an ongoing spike in mushroom-related poisonings throughout California.
Health officials in Napa County confirmed Wednesday that a child has been diagnosed with measles in the county's first case in nearly 15 years.
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.
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.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
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.
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.
An effort is underway to ensure people aren't being rubbed the wrong way in the Northern California city of Citrus Heights.
Christian Brothers defeats Antelope 69-61.
Conor McGill reports.
Forest Lake Christian wins 51-41 over Sacramento Adventist.
West Campus wins 47-38 over Central Catholic.