Economists see brighter outlook for 2024. Here's why.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
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Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
Higher food prices partly caused the hotter-than-expected inflation report. Getting pinched at the grocery store is souring Americans on the economy.
The Federal Bank of New York says inflation expectations are dropping.
The average Texan spends $286.19 per week on groceries, the report says. That's around $1,200 a month – or almost $15,000 a year.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
"I think this year has been tough."
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Many feel worse off than their parents' generation as income isn't keeping up.
One in five say they're going to open a new credit card to budget for gifts.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
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.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
Chipotle attributes plans to bump up menu prices again to "state of the economy," a company spokesperson told Insider.
For many, growing bills are outpacing salaries and wages.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
Here's your Eye on Money.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Some people are cutting certain things from their grocery list, simply because they can't afford it anymore.
In some areas inflation has fallen below 2%, while in other regions prices are still spiraling upward. Why?
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
When it comes to finding a place to live in North Texas, renting has become just as competitive and expensive as a home, if not more so.
Prices rose at the slowest rate in two years amid the Federal Reserve's ongoing series of interest rate hikes.
Family members and local leaders shared emotional reflections on her personality, passions, and the impact she had on those around her.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
A new regional partnership aims to reduce dangerous driving and gather data that could shape future roadway safety efforts across North Texas.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
Family members and local leaders shared emotional reflections on her personality, passions, and the impact she had on those around her.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
A new regional partnership aims to reduce dangerous driving and gather data that could shape future roadway safety efforts across North Texas.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
The reversal comes just weeks after an I-Team investigation showed contention over the disciplinary process.
A phone call from jail raised further suspicions that Carney targeted other girls.
More than 40 years after helping catch an ice cream truck driver who exposed himself to her, an Oklahoma woman testified against him in a Texas trial, helping secure a life sentence.
In 1991, a Plano girl was kidnapped and sexually assaulted. The same thing happened 8 years later in Dallas. Investigators found the same DNA on both victims.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Democratic Texas state Rep. Ramon Romero Jr. of Fort Worth speaks with Jack Dink about immigration policy, including Republican efforts to end birthright citizenship for so-called "birth tourists," or people who come to the U.S. in order to give birth. They also discussed data centers and the midterm elections.
Texas Lt. Gov. Dan Patrick spoke with Jack Fink at a Republican event in Sherman about the upcoming midterm elections and his proposals for property tax relief, among other topics.
Republican Rep. Brandon Gill of Flower Mound speaks with Jack Fink about his proposal to revoke birthright citizenship for children whose parents enter the U.S. illegally for the purpose of giving birth.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The illness may take up to 14 days to incubate.
Dangerous heat is sending more people to the ER. Here's where North Texas outdoor workers can get free hydration kits.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
The future of AI technology manufacturing has landed in North Texas.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Cuban alleges Patrick Dumont has engaged in "adversarial business practices."
During every U.S. World Cup match, 18-year-old Aaron Dotson was selling patriotic gear in downtown Dallas.
FIFA is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.
Romo was arrested in Wisconsin last week, accused of operating a vehicle while intoxicated.
The pressure is rising on FIFA President Gianni Infantino to ditch a $20 billion privatization plan, but soccer's governing body is doubling down and criticizing the media.
Allisha Gray scored five of her 25 points in the closing seconds and the Atlanta Dream overcame a 15-point deficit to beat the Dallas Wings 82-81 on Wednesday night in the first game for both teams since the All-Star break.
Yandy Diaz and Ryan Vilade homered in the first inning and five pitchers combined for a four-hitter as the Tampa Bay Rays beat the Texas Rangers 3-0.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
