CPI report shows inflation eased in July to a 3.4% annual pace
The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
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The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
Here's what employees can expect for a raise in 2027 as companies move away from broad-based pay increases.
Economic activity weakened between April and June as energy costs surged, new government data shows.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
People are looking for ways to cut costs amid rising inflation - both consumers and retailers - and Bay Area small businesses are feeling the impact.
For the first time in three years, rising prices are now outpacing American wages and the biggest effects of inflation are usually felt in the smallest of businesses. John Ramos reports.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
Northbound Highway 101 was shut down in San Carlos Sunday evening as authorities investigated a freeway shooting.
The city of Calistoga canceled its November municipal election after all three open seats drew only a single candidate.
As wildfire risk and rising insurance costs put increasing pressure on California homeowners, some residents in high-risk areas are looking for new ways to protect their properties.
Two people who went canoeing and camping in the Tomales Bay area were found dead after they never returned from their planned trip, officials said.
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
Northbound Highway 101 was shut down in San Carlos Sunday evening as authorities investigated a freeway shooting.
The city of Calistoga canceled its November municipal election after all three open seats drew only a single candidate.
As wildfire risk and rising insurance costs put increasing pressure on California homeowners, some residents in high-risk areas are looking for new ways to protect their properties.
Two people who went canoeing and camping in the Tomales Bay area were found dead after they never returned from their planned trip, officials said.
Northbound Highway 101 was shut down in San Carlos Sunday evening as authorities investigated a freeway shooting.
Firefighters were called around 10:30 p.m. to a multi-residential building that had smoke coming from the fourth floor. Four residents were rescued from the fourth floor, and the fire was under control by 10:45 p.m.
Among those missing is a 48-year-old Milpitas father who works as an engineer for Santa Clara-based tech company Everpure, Inc., formerly known as Pure Storage.
Cecilia Chung always knew she was different, but she didn't always know how to express it.
Pokémon fans from across the country and around the world are pouring into San Francisco this weekend for the largest Pokémon World Championships in the event's history.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
Fans of some of Hollywood's most iconic movies lined up outside legendary filmmaker Phil Tippett's Berkeley studio Friday, hoping to take home a piece of movie history.
A man who was arrested and jailed in connection with a deadly stabbing spree in Oakland earlier this week has refused to appear in court for his arraignment, officials said.
Two people were found dead inside a home in Pleasanton in what police believe is a possible murder-suicide.
Police in Oakland made an arrest and recovered a weapon after officers said a woman was kidnapped in East Oakland on Tuesday.
A woman died after she was found inside a home with at least one stab wound, police said.
A lengthy stretch of Highway 1 on California's rugged Big Sur coastline is closed Friday, as firefighters continued to battle two growing wildfires.
Authorities on Thursday announced the arrest of a teenage suspect in connection with a mass shooting at a party in Morgan Hill last month that killed one person and injured six others.
Bay Area air quality regulators are ordering the landfill to take new steps to reduce the odor and better monitor emissions.
A red flag warning has been issued for the Santa Cruz Mountains and Central Coast beginning Friday morning amid concerns about potential lightning and strong winds.
As wildfire risk and rising insurance costs put increasing pressure on California homeowners, some residents in high-risk areas are looking for new ways to protect their properties.
Two people who went canoeing and camping in the Tomales Bay area were found dead after they never returned from their planned trip, officials said.
A woman driving a vehicle stolen in Santa Rosa led California Highway Patrol officers on a high-speed chase on Wednesday before she was taken into custody.
A San Francisco Bay Area man has been found not guilty of murder but was convicted of other charges in connection with the fentanyl overdose death of a teenager.
Authorities in Napa County have charged a man for allegedly setting the 2025 Pickett Fire near Calistoga, which burned thousands of acres of Wine Country and ruined grape harvests.
Tiffany Hayes scored 18 points, Kayla Thornton added 17 and the Golden State Valkyries beat the Portland Fire 86-69 on Sunday in their final game before the FIBA World Cup break.
Micah Ford scored his third touchdown on a 2-yard run with 1:41 to play and Stanford rallied after nearly blowing a 16-point lead in the fourth quarter to beat Hawaii 37-27 in the first game under new coach Tavita Pritchard.
Lars Nootbaar hit a pinch grand slam in the seventh inning and Merrill Kelly threw seven shutout innings to help the Arizona Diamondbacks beat the San Francisco Giants 7-1 on Saturday in the first game of a day-night doubleheader.
Lars Nootbaar homered to center on the first pitch of the game and had three of Arizona's 12 hits to help the Diamondbacks beat the San Francisco Giants 10-6 on Friday night.
Las Vegas rookie quarterback Fernando Mendoza saw what it was like Thursday night to face a strong NFL pass rush even against a San Francisco defense comprised of reserves.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
The crash happened around 12:40 a.m. on Interstate 505, just south of Putah Creek Road, when a Vallejo man began traveling the wrong way and crashed into a vehicle, according to the CHP.
A woman died after she was found inside a home with at least one stab wound, police said.
A woman driving a vehicle stolen in Santa Rosa led California Highway Patrol officers on a high-speed chase on Wednesday before she was taken into custody.
A San Francisco Bay Area man has been found not guilty of murder but was convicted of other charges in connection with the fentanyl overdose death of a teenager.
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
In a nearly 6,000-word essay, Gates argues that artificial intelligence poses a mounting threat to U.S. workers.
A plant in Southaven, Mississippi, that powers Elon Musk's SpaceXAI data centers in the area has sparked backlash from residents concerned about noise and air pollution.
Users chat with an AI chatbot about what they're looking for, and Ditto handles the rest.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Multiple unpermitted street food vendors in Fairfield were cited for violations last week after inspections found them selling food unsafe for public consumption, authorities said.
After weeks of uncertainty, students at Richmond's John F. Kennedy High School will start their classes on schedule after weeks after toxic chemicals were found underneath the campus.
Sunnyvale police raided smoke shops across the city and seized thousands of illegal products over the past two months, the city's Department of Public Safety said.
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
The city of Calistoga canceled its November municipal election after all three open seats drew only a single candidate.
Google announced that it had begun rolling out changes to how its maps display Lake Ontario's name, after President Trump signed an executive order changing it to "Lake America."
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
"Space is the hot thing," President Trump said at the NASA Johnson Space Center in Houston.
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.
Berlin police did not identify the suspect, who is still at large, by name but said that he was already known to police and is from Berlin.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Major League Baseball has warned players about writing on their uniforms after San Francisco starter Landen Roupp and two other pitchers added Bible verses to their Pride Night caps on Friday night.
Fans of some of Hollywood's most iconic movies lined up outside legendary filmmaker Phil Tippett's Berkeley studio Friday, hoping to take home a piece of movie history.
Pokémon fans from across the country and around the world are pouring into San Francisco this weekend for the largest Pokémon World Championships in the event's history.
Sixty years ago, San Francisco native Gus Tham was living the dream.
Stella Parton said her sister Dolly told her "that if there was no hope for her, she would still allow her medical team to try experimental drugs in the hope of helping others in the future."
The death of country music legend, actor, and philanthropist Dolly Parton at age 80 has Bay Area music stores scrambling to stock up for an expected rush to buy her music.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Two people who went canoeing and camping in the Tomales Bay area were found dead after they never returned from their planned trip, officials said.
Northbound Highway 101 was shut down in San Carlos Sunday evening as authorities investigated a freeway shooting.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
Here's a look at the weather forecast Sunday evening.
As wildfire risk and rising insurance costs put increasing pressure on California homeowners, some residents in high-risk areas are looking for new ways to protect their properties.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.