La Vaca Birria owner in SF's Mission defends burrito raising price to $22
Shawn Chitnis reports on La Vaca Birria owner Ricardo Lopez explaining why costs forced him to raise the price of his popular burrito to $22.
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Shawn Chitnis reports on La Vaca Birria owner Ricardo Lopez explaining why costs forced him to raise the price of his popular burrito to $22.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Higher food prices partly caused the hotter-than-expected inflation report. Getting pinched at the grocery store is souring Americans on the economy.
Consumer prices in January rose 3.1% from a year earlier, higher than economists had forecast, as food and housing costs jumped.
The U.S. economy ended 2023 with stronger than expected growth, the Commerce Department reported Thursday. However, it's been a tale of two economies for many Americans. Nikki Battiste explains.
The U.S. housing market slumped badly last year amid surging mortgage and a dearth of affordable properties, new data shows.
CBS Business Analyst Jill Schlesinger speaks with Nicole Zaloumis about where the U.S. stands on inflation carrying into the new year and if people can expect to see a drop in prices. For more analysis, go to www.jillonmoney.com. (01-11-2024)
Homeowners across the Bay Area have seen their power bills climbing, but the latest request for an increase will reach a historic milestone -- more than $300 for the average monthly PG&E bill.
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.
It has been a blockbuster year for investors, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all up with double-digit gains. However, the Federal Reserve battled the worst inflation in decades with several rate hikes, and 2023 marked the worst banking crisis since 2008, with three major institutions collapsing. Astrid Martinez reports.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.
U.S. consumer inflation moderated in November, illustrating a further cooling of most costs and bolstering the Federal Reserve's strategy of maintaining higher interest rates for now. Jill Schleshinger reports.
Many feel worse off than their parents' generation as income isn't keeping up.
After more than two years of price hikes, consumers are finally getting breaks on some items. That could help push inflation closer to 2%.
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
Despite falling inflation and near-record employment, polls and surveys show that most Americans hold a glum view of the economy.
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.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years, a sign that the Federal Reserve's interest rate hikes have continued to slow price increases. Interview with CBS News business analyst Jill Schlesinger.
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
The chair of the Federal Trade Commission has defended her aggressive legal strategy toward the country's biggest technology companies as she appeared before the House Judiciary Committee.
