Inflation slowed in October, gauge closely tracked by Fed shows
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Watch CBS News
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
Consumer advocates are cautioning holiday shoppers about hidden risks with these popular loans.
Number of Americans applying for unemployment benefits rose to a 3-month high amid rise in layoffs.
Train conductors vote against wage deal with rail companies brokered by the Biden administration.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
Thanksgiving dinner will cost more than in previous years.
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
A shift in the balance of congressional power could affect your finances. Here's what you should know.
Coupon codes and cash-back offers can help take the sting out of soaring prices, expert says.
Exxon and Chevron reported surging quarterly earnings, with gas prices still up sharply from a year ago.
Natalie Brand reports Republicans say inflation is out of control and blame the Democrats.
The issues have forced concession companies to get creative in an effort to address the rising costs.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
Economists are predicting a harsh recession next year, but will you be able to handle it?
President Biden announced the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
Nation is edging closer to statutory debt ceiling of $31.4 trillion. "We are addicted to debt," one expert said.
Sharp drop in job openings will be welcomed by Fed Reserve as it pushes to raise unemployment to cool inflation.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
Vladimir Tovar, an engineer from Miami, faces charges of disorderly conduct and resisting arrest.
Erin is the first hurricane of the 2025 Atlantic season.
Trevor Story bounced one through the drawn-in infield with the bases loaded in the ninth inning and the Red Sox beat the Miami Marlins 2-1 on Friday night.
Witnesses told police the shooting began when the suspect, 41-year-old Boyise Denmark, became upset that his son was sparring against someone he believed was bigger and older.
A Jackson Memorial Hospital System spokesperson said the date was moved up because of staffing levels.
Vladimir Tovar, an engineer from Miami, faces charges of disorderly conduct and resisting arrest.
Erin is the first hurricane of the 2025 Atlantic season.
Trevor Story bounced one through the drawn-in infield with the bases loaded in the ninth inning and the Red Sox beat the Miami Marlins 2-1 on Friday night.
The CBS Miami Nat Moore Trophy recognizes the top high school football player in Miami-Dade, Broward and Monroe counties.
Witnesses told police the shooting began when the suspect, 41-year-old Boyise Denmark, became upset that his son was sparring against someone he believed was bigger and older.
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.
President Trump and Russian President Vladimir Putin held a high-stakes summit in Alaska, but the talks did not yield a ceasefire in Ukraine.
President Trump and Russia's President Vladimir Putin held a rare meeting Friday at Joint Base Elmendorf-Richardson in Anchorage, Alaska.
President Trump visits Alaska Friday for a meeting with Russia's President Vladimir Putin — a discussion the White House has called a "listening exercise."
A majority of Americans say they feel expectations for tipping have grown in recent years.
Environmentalists and the Miccosukee Tribe are urging U.S. District Judge Kathleen Williams to issue a preliminary injunction halting operations and construction at the site.
Lucia Baez-Geller is a former Miami-Dade school board member who lost in her bid two years ago to oust Maria Elvira Salazar.
Jim talks with Robin Peguero, a Democratic nominee for the District 27 congressional seat.
Jim talks to a former Republican congressman who is running as a Democrat to be the next governor of Florida.
Jim talks to a former Democratic state senator who is running to be the next Florida attorney general.
Jim goes one-on-one with the mayor of South Miami to talk about his lawsuit challenging Florida's immigration law, citing the possibility of incurring financial liabilities for partnering with ICE.
Instagram rolled out a new Map feature that lets users see their friends' locations in real time. Here's why privacy experts are concerned.
The Boar's Head deli meat plant at the heart of a deadly food-poisoning outbreak is set to reopen in the coming months, but recent reports point to ongoing sanitation problems.
A Florida woman was arrested for allegedly impersonating a registered nurse and treating over 4,000 patients without a license.
There's a treatment helping chronic pain patients by disrupting pain signals in the body from getting to the brain.
Head Colorado Buffaloes football Coach Deion "Coach Prime" Sanders revealed his bladder cancer diagnosis for the first time on Monday morning.
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.
Playboy will move its global headquarters from Los Angeles to Miami Beach and open a new club with a restaurant and members-only section.
President Trump announced this year's "truly exceptional class" of Kennedy Center Honorees and said he will host the annual ceremony himself.
UFC CEO Dana White confirmed plans for a July 4, 2026 fight at the White House to mark America's 250th birthday.
Taylor Swift announced her 12th studio album, "The Life of a Showgirl," after a countdown tease on her website. The release date is now set for Oct. 3.
Paramount will become the new home to all UFC events in the U.S., while UFC's CEO says the White House may host a July 4 event broadcast on CBS.