
Expert breaks down grocery price increases
Food prices started rising rapidly during COVID-19. Since then, food inflation has slowed, but prices are still going up. Jo Ling Kent reports.
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Food prices started rising rapidly during COVID-19. Since then, food inflation has slowed, but prices are still going up. Jo Ling Kent reports.
The latest Consumer Price Index shows overall prices rose by nearly 3% on an annual basis last month. There were more warning signs about the labor market. Kelly O'Grady explains.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Adult customers admit to ordering from kids' menus to save money and eat smaller portions, a new survey shows.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
New government data shows the cost of consumer goods increased slightly last month, but the true effect of the higher tariffs haven't hit consumers yet. Jo Ling Kent explains.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
The latest Consumer Price Index (CPI) report shows that U.S. inflation rose by 0.1% in May, which is less than expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down. Also, CBS News' Natalie Brand has the latest updates from the White House as President Trump boasts about an agreement with China being close to the finish line.
The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics.
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
Weakening consumer confidence and mounting uncertainty could hit spending, economists warn.
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
The Consumer Price Index for April showed a 2.3% rise on an annual basis, which was lower than economists had predicted. CBS News MoneyWatch correspondent Kelly O'Grady reports.
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to examine what that means for price relief for Americans.
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Egg prices are expected to continue going up as farmers across the country deal with outbreaks of bird flu. The USDA is working to reimburse farmers who have to kill and replace their chickens. Kati Weis reports.
Americans express concern about their ability to pay bills and save money.
President Trump addressed the United Nations General Assembly on Tuesday, the 80th anniversary of the world body.
Ryan Routh was found guilty of all five charges, which included attempted assassination of a major presidential candidate and assaulting a federal officer.
Nexstar on Tuesday said it will monitor the late-night show as it returns to ABC tonight.
Early analysis shows the network was used for communication between foreign governments and individuals known to U.S. law enforcement.
Bill Gates warns 2025 could be the first year in decades with rising child deaths, urging the U.S. to maintain global health funding as innovations.
Combs faces an Oct. 3 sentencing after his conviction by a Manhattan jury on two charges that outlaw interstate commerce related to prostitution.
Government scientists say infection rates from drug-resistant "nightmare bacteria" have been increasing dramatically.
Human plate umpires will still call balls and strikes, but teams can challenge two calls per game and get additional appeals in extra innings.
Americans will pay 7.6% more to heat their homes this winter, study finds.