Rising car repair costs squeeze drivers and small shops
According to Kelley Blue Book, the average vehicle repair bill is now $838. Parts prices alone have jumped 25 percent because of recent tariffs.
Watch CBS News
According to Kelley Blue Book, the average vehicle repair bill is now $838. Parts prices alone have jumped 25 percent because of recent tariffs.
The shift comes after years of soaring costs that kept many would-be homeowners on the sidelines.
Bankrate surveyed just under 2,600 shoppers and found that 49% of holiday shoppers plan to start buying gifts before Halloween.
J.D. Power released a study in May that found 57 percent of auto insurance customers have shopped for a new policy this year.
A range of factors has driven gold prices to record highs this year — a surge some Wall Street analysts think is likely to continue.
Low-income older Americans on average die nearly a decade earlier than wealthier people, a new analysis finds.
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Roughly 42% of younger working adults — spanning Gen Z, millennials and Gen X — report having no money left over after covering their daily expenses.
Prices are reported by Americans as still rising, and many think AI will lead to fewer jobs.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
Inflation has eased since peaking in 2022, but remains above the Fed's 2% annual target
A new survey shows inflation could have been about a third lower this year without president trump's historically high tariffs.
The Republicans' "big, beautiful" spending and tax law will result in cuts to food stamp benefits for many Americans, experts say.
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
CBS News Miami's Lisa Petrillo looks at service charges at some South Florida restaurants and what you can do.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Schumaker was named National League Manager of the Year in 2023 when he was with the Miami Marlins.
The brother of a man who died during an hours-long standoff with Miami police has been arrested and charged in connection with the incident, authorities confirmed Friday.
South Florida faces another round of rain and flooding risk Friday before the season's first fall front brings cooler, drier weather this weekend.
Phuc Yea, a vibrant restaurant in Miami's MiMo District, celebrates nine years of blending Latin sazón with modern Vietnamese cuisine under the creative vision its chef.
Israeli Prime Minister Benjamin Netanyahu vows "Hamas will disarm," easy way or the hard way, as Israel's military says a Gaza ceasefire is in effect.
Schumaker was named National League Manager of the Year in 2023 when he was with the Miami Marlins.
Venezuelan opposition leader Maria Corina Machado was awarded the 2025 Nobel Peace Prize for fighting for democracy in her country.
Israeli Prime Minister Benjamin Netanyahu vows "Hamas will disarm," easy way or the hard way, as Israel's military says a Gaza ceasefire is in effect.
The brother of a man who died during an hours-long standoff with Miami police has been arrested and charged in connection with the incident, authorities confirmed Friday.
South Florida faces another round of rain and flooding risk Friday before the season's first fall front brings cooler, drier weather this weekend.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
Government workers say a prolonged shutdown would exact a severe toll, while affirming their commitment to public service.
A 2023 report criticized "poor living conditions" in some barracks and said they "undermine quality of life and readiness" of the military.
A federal grand jury has indicted New York Attorney General Letitia James, marking the second Trump foe to face federal prosecution in recent weeks.
A federal judge on Thursday granted a partial restraining order to block the Trump administration's deployment of National Guard troops in Illinois, after state and local leaders objected to the deployment.
Photos of Jeffrey Epstein's cell show a scene of disarray that never underwent a proper inspection, according to experts.
Jim DeFede goes one-on-one with Rep. Debbie Wasserman Schultz on the partial government shutdown.
Jim DeFede goes one-on-one with historian Marvin Dunn about the controversy surrounding the plan to build the Trump Presidential Library next to the Freedom Tower in Downtown Miami.
Jim DeFede goes one-on-one with Karla Hernandez-Mats, former president of the United Teachers of Dade, who is now the President of Educated We Stand.
Jim DeFede goes one-on-one with Richard Lamondin, a South Florida businessman who is hoping to be the Democratic candidate next year against Republican Congresswoman Maria Elvira Salazar.
Jim DeFede speaks to Rep. Maxwell Frost about what is happening from the suspension of ABC late-night talk show host Jimmy Kimmel to the government threatening to go after journalists.
The Coral Gables resident, who owned a real estate management company, rarely talked about the disease that would take his life.
CBS News Miami was proud to participate in the annual event, where anchor Lauren Pastrana was the emcee of the walk.
Pfizer is the first of many drug makers President Trump claimed has agreed to offer steep drug discounts to all Americans through TrumpRx, in line with the lowest prices paid by Europeans.
President Trump's announcement this week about an alleged link between Tylenol and autism has drawn pushback from medical experts.
The faulty engines can cause toxic fumes to leak into the aircraft cabin's air supply, posing health and safety risks to crew members and passengers.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
Kendrick Lamar and Drake have been beefing for years, with the two rappers releasing several diss tracks about one another.
Dolly Parton's spokesperson told CBS News that she was filming the video to address fans' concerns.
Disney is hiking single-day ticket prices at two of it most popular parks for certain holiday periods.
Thirty paintings by Bob Ross are set to be auctioned to support public television stations after federal funding cuts.
FCI Fort Dix, one of several dozen federal prisons with a residential drug treatment program, will best allow Sean "Diddy" Combs "to address drug abuse issues," his lawyer said.