Here's why food prices, from steak to fast-food meals, are still rising
Higher food prices partly caused the hotter-than-expected inflation report. Getting pinched at the grocery store is souring Americans on the economy.
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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.
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
Americans are still spending as inflation has finally shown signs of cooling. Still, there are some troubling economic signs. Mark Strassmann breaks it all down.
Though still high, the price of gas is down significantly from what it was a year ago. The national average for a gallon of regular Saturday was $3.58, according to AAA. This time last year, it was more than $5. Michael George has more.
Authorities in the East Bay said they have uncovered nearly 1,000 suspected victims of identity theft during an investigation into stolen mail.
The Timber Fire burning in Big Sur continued to grow overnight, officials said, as evacuations and park closures are in effect for parts of the rugged portion of California's Central Coast.
The Perseid meteor shower is the best viewing all year, according to NASA.
A Northern California city will hold another emergency council meeting Tuesday, days after a malware attack disrupted public safety systems and other city operations.
More than 3,000 people were reported missing after the country was struck by its strongest earthquake on record.
Authorities in the East Bay said they have uncovered nearly 1,000 suspected victims of identity theft during an investigation into stolen mail.
The Timber Fire burning in Big Sur continued to grow overnight, officials said, as evacuations and park closures are in effect for parts of the rugged portion of California's Central Coast.
A Northern California city will hold another emergency council meeting Tuesday, days after a malware attack disrupted public safety systems and other city operations.
San Francisco Giants third baseman Matt Chapman will undergo season-ending surgery Tuesday for an abdominal strain.
The Public Defender's Office said the San Francisco DA's Office refused to drop the case against Matthew Ludwig even after the mistake came to light. The charges were eventually dropped — after Ludwig died in September of 2025.
The Public Defender's Office said the San Francisco DA's Office refused to drop the case against Matthew Ludwig even after the mistake came to light. The charges were eventually dropped — after Ludwig died in September of 2025.
As a community activist across the Bay Area, she keeps herself busy. She was also recently awarded San Francisco's Emerging Leadership Award during Filipino History Month.
More than four months after a man was fatally shot in San Francisco's South of Market, police said they made arrests in the East Bay and North Bay in connection with the case.
While Outside Lands in San Francisco was expected to attract a quarter million people to San Francisco, another event in the Bay Area also offered music, food and dancing, but with an island flair.
Jason Chen, 65, was last seen Saturday around 2:15 p.m. near 3rd Street and McKinnon Avenue in San Francisco.
Authorities in the East Bay said they have uncovered nearly 1,000 suspected victims of identity theft during an investigation into stolen mail.
More than four months after Oakland coffee shop owner Amy Hillyard was reported missing, volunteers searched for her at a park in the Oakland Hills over the weekend.
A suspect accused of killing a Martinez man had been recently released on his own recognizance in connection with several burglary cases, police said.
An Oakland woman remains in intensive care with severe head injuries and internal bleeding after a car allegedly stolen by two young boys crashed into her as she walked a dog Thursday morning, family members said.
A worker at a Concord nursing home was arrested and charged with sexually abusing an elderly resident, Attorney General Rob Bonta announced on Friday.
The Timber Fire burning in Big Sur continued to grow overnight, officials said, as evacuations and park closures are in effect for parts of the rugged portion of California's Central Coast.
Evacuations are in effect for part of California's Big Sur on Monday after a fire that broke out over the weekend continued to grow in size.
A South Bay man has been arrested following a string of armed robberies that targeted San Jose businesses over the last several weeks, police said.
A lawsuit challenging San Jose's use of automated license plate reader cameras is still alive, after a Santa Clara County judge asked both sides to submit additional briefing before he rules on the case.
Police in San Jose on Thursday announced the arrests of two people in connection with a shooting that killed one person and wounded two others last month.
An animal rescue group in the Bay Area said it has rescued a young coyote that was recently found in an illegal trap.
The mother of a 3-year-old boy who spent much of his life in hospitals had one simple wish for his birthday: for him to watch a basketball game. A community of strangers in San Anselmo made sure he got it.
Neighbors said the FAA's temporary adjustment during the recent Bohemian Grove gathering dramatically reduced the number of aircraft flying over their homes. But after the event ended, the FAA returned to its normal departure procedures.
A shelter-in-place order for a Novato neighborhood was lifted Tuesday afternoon after a person was fatally shot earlier in the day.
Authorities in the North Bay arrested a man suspected in a shooting outside a Santa Rosa bar that wounded one person, police said.
San Francisco Giants third baseman Matt Chapman will undergo season-ending surgery Tuesday for an abdominal strain.
Hao-Yu Lee drove in the go-ahead run in the 10th inning with a pinch-hit single and the Detroit Tigers beat the San Francisco Giants 3-1 in the rubber game of their series.
Don Nelson was one of two coaches in NBA history to have at least 250 wins with three different franchises — Milwaukee, Dallas and Golden State.
The former San Francisco 49ers star running back spoke in a prerecorded video message while he sat on stage wearing his gold jacket at Tom Benson Stadium on Saturday.
Rafael Devers hit a two-run homer in the first, Jung Hoo Lee singled in a pair of runs the next inning before Willy Adames homered in the fifth, and the San Francisco Giants beat the Detroit Tigers 5-2.
Authorities in the East Bay said they have uncovered nearly 1,000 suspected victims of identity theft during an investigation into stolen mail.
The Public Defender's Office said the San Francisco DA's Office refused to drop the case against Matthew Ludwig even after the mistake came to light. The charges were eventually dropped — after Ludwig died in September of 2025.
More than four months after a man was fatally shot in San Francisco's South of Market, police said they made arrests in the East Bay and North Bay in connection with the case.
An animal rescue group in the Bay Area said it has rescued a young coyote that was recently found in an illegal trap.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
Officials in the City of Pittsburg announced Wednesday that it lost nearly $1 million in a phishing incident earlier this year, adding that most of the money has been recovered.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
AI models are engaging in unauthorized actions — in the most recent case, creating fake identities and attempting to persuade real people to approve malicious code.
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
The Richmond community is looking for answers after testing found a chemical called PCE underneath the Kennedy High School campus, which is currently under construction for modernization.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
Soaring health insurance premiums are forcing some small business owners to make difficult decisions about employee coverage, staffing and their future.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source, as the U.S. grappled with a threat from Iran.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
President Trump signed an executive order on childhood vaccine schedules Monday.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
First Assistant U.S. Attorney Bill Essayli hired former top aide Shawn Lewis to be a federal law enforcement liaison, though Lewis has three prior convictions for driving under the influence and a pending battery charge.
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.
While Outside Lands in San Francisco was expected to attract a quarter million people to San Francisco, another event in the Bay Area also offered music, food and dancing, but with an island flair.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
The Lionel Richie and Earth, Wind & Fire concert scheduled for Thursday night at San Francisco's Chase Center was postponed because of a medical emergency involving a member of Earth, Wind & Fire.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
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.
After morning clouds and fog, expect highs in the 60s along the coast, 70s around the bay, and 80s inland. Additional cooling is expected for the rest of the week. Jessica Burch has the forecast.
Kevin Ko reports.
John Ramos reports.
Sooji Nam reports.
A flower vendor on San Francisco's Market Street is back to work after being randomly attacked last week outside of the kiosk where she works, and spoke about how the attack is causing her to lose faith in society. Anne Makovec reports.
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.