CPI rose in June to 2.7% annual rate, highest since February
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
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The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Weakening consumer confidence and mounting uncertainty could hit spending, economists warn.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
The Postal Service contends, as it did last year before a similar increase, that the price hike is needed to achieve financial stability.
Wall Street skidded on Friday amid higher-than-expected inflation data and fears about the impact of President Trump's tariffs.
U.S. stocks continue to flail as investors grapple with impact of Trump administration trade war and signs of economic slowdown.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Anne Makovec talks to with Matt Schulz of Lending Tree about the impact of the Trump administration's tariffs.
Republicans are more likely than Democrats to say they'll watch President Trump's joint address to Congress.
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
Anne Makovec to Anthony Salvanto about the CBS News Poll showing concerns over issues the Trump administration is prioritizing.
Americans express concern about their ability to pay bills and save money.
The Federal Reserve's progress on taming inflation has stalled out. That could mean fewer rate cuts in 2025.
Ryan Yamamoto talks to Anthony Salvanto about the CBS New Poll showing President Trump getting a positive approval rating for his early actions.
The White House levied new import duties on its three closest trading partners.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
"Shrinkflation" — when companies charge the same for smaller sizes — is a sneaky way to raise prices. Read on to see what kind of products have shrunk the most.
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
California State University trustees voted to create a new class of undergraduate degrees that will only require 90 credits, meaning students could potentially graduate in only three years' time.
Residents living near the Charles M. Schulz Sonoma County Airport say the skies above their neighborhoods are getting louder as passenger traffic and jet service continue to grow.
For more than 40 years, a San Francisco Chinatown native has been serving the Asian American community, especially empowering Asian American women to become leaders.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
San Leandro Police Chief Angela Averiett has been placed on administrative leave after being charged in a 2025 hit-and-run collision, authorities said on Wednesday.
California State University trustees voted to create a new class of undergraduate degrees that will only require 90 credits, meaning students could potentially graduate in only three years' time.
Residents living near the Charles M. Schulz Sonoma County Airport say the skies above their neighborhoods are getting louder as passenger traffic and jet service continue to grow.
For more than 40 years, a San Francisco Chinatown native has been serving the Asian American community, especially empowering Asian American women to become leaders.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
San Leandro Police Chief Angela Averiett has been placed on administrative leave after being charged in a 2025 hit-and-run collision, authorities said on Wednesday.
For more than 40 years, a San Francisco Chinatown native has been serving the Asian American community, especially empowering Asian American women to become leaders.
A 76-year-old man was charged with vehicular manslaughter in connection with a crash in San Francisco's Chinatown in March that killed one pedestrian and injured another, prosecutors said.
More than two dozen residents were displaced after a fire broke out in an apartment building in San Francisco's Tenderloin neighborhood overnight.
San Francisco Mayor Daniel Lurie is facing growing backlash from labor unions as the city works to close a massive budget deficit, with critics warning proposed cuts could impact essential services and cost hundreds of jobs.
Three men from Tennessee have been indicted on federal charges, including attempted kidnapping, in connection with an alleged crime spree targeting cryptocurrency owners in California.
San Leandro Police Chief Angela Averiett has been placed on administrative leave after being charged in a 2025 hit-and-run collision, authorities said on Wednesday.
A family injured in a massive explosion in their Hayward home from a gas leak in December 2025 filed a lawsuit against Pacific Gas and Electric and Alameda County on Wednesday, their attorneys said.
Authorities in the East Bay have charged two men for allegedly organizing a sideshow in Oakland that broke out as internet sensation IShowSpeed was visiting the area.
Oakland's housing market is seeing some of the steepest price declines in the country, with home values falling sharply as sellers, buyers and real estate agents navigate a difficult market.
Two people were injured in Antioch when their boat plowed into the pier of a popular restaurant hosting Mother's Day diners.
Authorities in the South Bay have identified two people who died in a deadly shooting and suspicious fire that took place in a Santa Clara neighborhood last week.
A portion of a South Bay park is closed and an investigation is underway after a dog was sickened by suspected rat poison.
Three men from Tennessee have been indicted on federal charges, including attempted kidnapping, in connection with an alleged crime spree targeting cryptocurrency owners in California.
Meta is being sued by a California prosecutor alleging that the tech giants is knowingly facilitating and profiting billions of dollars from scam ads on its social media platforms.
San Francisco Bay Area health officials provided an update on a resident who was exposed to the hantavirus during a cruise in the Atlantic, adding that the risk to the public remains low.
Residents living near the Charles M. Schulz Sonoma County Airport say the skies above their neighborhoods are getting louder as passenger traffic and jet service continue to grow.
Health officials in Napa County are warning the public not to eat wild mushrooms after three people were poisoned.
At least one person has died in a multi-vehicle crash in Napa County on Tuesday afternoon involving two vehicles and a motorcycle, authorities said.
A suspect driver surrendered to police following a fatal hit-and-run crash that killed a wheelchair user in Santa Rosa on Monday, the department said Tuesday.
A person in a wheelchair was struck and killed by a hit-and-run driver in Santa Rosa on Monday afternoon, police said.
The San Francisco 49ers will host the Minnesota Vikings for a game in Mexico City this fall, National Football League officials confirmed Wednesday.
Harrison Bader and Eric Haase hit back-to-back homers for the San Francisco Giants in the fifth inning, leading them to a 6-2 win over the Los Angeles Dodgers.
Charle Young, an All-Pro tight end who helped the San Francisco 49ers win their first Super Bowl title, has died.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
Steve Kerr has signed his new two-year contract to remain as coach of the Golden State Warriors.
Authorities in the South Bay have identified two people who died in a deadly shooting and suspicious fire that took place in a Santa Clara neighborhood last week.
A 76-year-old man was charged with vehicular manslaughter in connection with a crash in San Francisco's Chinatown in March that killed one pedestrian and injured another, prosecutors said.
Authorities in the East Bay have charged two men for allegedly organizing a sideshow in Oakland that broke out as internet sensation IShowSpeed was visiting the area.
A suspect driver surrendered to police following a fatal hit-and-run crash that killed a wheelchair user in Santa Rosa on Monday, the department said Tuesday.
A portion of a South Bay park is closed and an investigation is underway after a dog was sickened by suspected rat poison.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Three men from Tennessee have been indicted on federal charges, including attempted kidnapping, in connection with an alleged crime spree targeting cryptocurrency owners in California.
A hacking group named ShinyHunters claimed responsibility for the Canvas breach and threatened to leak data involving 275 million individuals if schools did not pay a ransom.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
Meta is being sued by a California prosecutor alleging that the tech giants is knowingly facilitating and profiting billions of dollars from scam ads on its social media platforms.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
Health officials in Napa County are warning the public not to eat wild mushrooms after three people were poisoned.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
A Sacramento County resident is among four Californians being monitored for possible exposure to the Andes hantavirus linked to a deadly cruise ship outbreak, state health officials announced.
San Francisco Bay Area health officials provided an update on a resident who was exposed to the hantavirus during a cruise in the Atlantic, adding that the risk to the public remains low.
The Trump administration is also warning states to crack down on Medicaid fraud or risk losing funding for their anti-fraud units.
President Trump said before he left that he and President Xi Jinping "have a lot of things to discuss."
San Francisco Mayor Daniel Lurie is facing growing backlash from labor unions as the city works to close a massive budget deficit, with critics warning proposed cuts could impact essential services and cost hundreds of jobs.
FDA Commissioner Marty Makary resigned his position, stepping aside amid a swirl of reports that his tenure was coming to an end.
Trade, Taiwan and tensions with Iran are surefire topics for President Trump's meeting with Chinese leader Xi Jinping.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
Philz Coffee will once again sport the Pride flag at its cafés after a directive to have them and other flags removed created a backlash.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Authorities in the East Bay have charged two men for allegedly organizing a sideshow in Oakland that broke out as internet sensation IShowSpeed was visiting the area.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
At Last Rites, the weekly gathering goes beyond simply watching a television show. For fans, it's an immersive experience, one that brings them closer to the world of "Survivor," and to each other.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.
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.
Andrea Nakano reports on concerns from local businesses.
The California State University system is introducing a new class of undergraduate degrees that could take students only three years to graduate. John Ramos reports.
Police Chief Angela Averiett was placed on administrative leave Wednesday after being charged in a 2025 hit-and-run collision. Katie Nielsen reports.
Gubernatorial candidate and San Jose Mayor Matt Mahan has touted his progress in addressing housing and homelessness, claiming that he has "reduced homelessness by a third." Devin Fehely takes a closer look at Mahan's approach and his track record on homelessness.
For decades of volunteerism that includes empowering AAPI women through the Asian America Foundation, this week's CBS News Bay Area Icon Award goes to Rose Chung.
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.