Cost of butter, other baking ingredients is higher this holiday season
CBS News’ Nancy Chen visited a dairy farm near Albany, New York to learn more about the spike.
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CBS News’ Nancy Chen visited a dairy farm near Albany, New York to learn more about the spike.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
"It's the economy, stupid," – A four-word strategy that helped Bill Clinton defeat incumbent President George H.W. Bush in 1992. Three decades later, the economy again was a driving factor in a presidential election. CBS News Chicago examined exit poll results and the way rising prices helped President-elect Donald Trump win his second term in office.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Those grilling or feeding friends this holiday weekend are likely paying more this year than they did last Labor Day. Prices are up for several summer cookout staples. CBS News Chicago wanted to know how local eateries are coping with higher prices for food.
The cost of Labor Day staples like meat, beer, and beans, was up anywhere from 3% to 10%, according to the CBS News price tracker.
Those grilling or feeding friends this holiday weekend are likely paying more this year than they did last Labor Day. Prices are up for several summer cookout staples. CBS News Chicago wanted to know how local eateries are coping with higher prices for food.
The deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
Analysts say home buying and renting costs can lag behind other inflation improvements, but many see good news for homebuyers down the line.
Mars is buying food company Kellanova, giving it access to brands such as Cheez-It and Pop-Tarts.
Certified financial planner Jessica Debold of Goldstone Financial Group joins us with a sobering report on how inflation has affected back-to-school shopping, and what you can do to cut costs.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers.
This week, Mcdonald's is launching a new $5 meal deal and CBS Correspondent Kenny Choi reports, Americans crave fast food, but with higher prices, more and more simply, they aren't lovin' it.
A housing shortage in Texas and minimum wage increases elsewhere are fueling higher than average inflation in some cities.
Marnie was ticked off by the practices of a local ice cream vendor – with the price of ice cream apparently having risen to more than $11 in U.S. dollars for two treats.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
One Fed official on Thursday said if the economy continues to demonstrate strength, "Why would we cut rates?"
Consumer prices in January rose 3.1% from a year earlier, higher than economists had forecast, as food and housing costs jumped.
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.
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.
It may seem like a brave choice to launch a company making old-fashioned mechanical watches—when many wear new-fangled electronic alternatives. But the entrepreneurs' mission is bigger than just watchmaking.
At Yorktown Center in Lombard, just about everyone who spoke with CBS News Chicago on Monday said the act of going out and physically shopping puts them in the Christmas spirit.
Illinois held the lead for nearly 30 minutes of game time, but a late rally by Missouri took the game down to the wire.
Shots were fired from inside a Nissan Altima.
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
Several City Council members have called the school board's vote to fire Martinez without cause reckless and irresponsible.
Because Martinez was fired without cause, his contract allows him to stay on the job for another six months, and receive 20 weeks of severance pay.
Martinez was at Luther Burbank Elementary, 2035 N. Mobile Ave., as the Special Olympics recognized the school for excellence in inclusive sports programming.
Henyard had named three people to serve as police chief, village administrator, and village attorney without approval from the village board.
At Yorktown Center in Lombard, just about everyone who spoke with CBS News Chicago on Monday said the act of going out and physically shopping puts them in the Christmas spirit.
Scammers know many of us are waiting for packages this holiday season.
The National Retail Foundation projected roughly 157 million people across the country would shop last-minute and try to wrap up their shopping lists.
The strike was deliberately authorized in the midst of the busy holiday delivery season nationwide for a reason—with the Teamsters Union pushing the company for a contract.
The oysters were sold as Fanny Bay, Buckley Bay, and Royal Miyagi.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
The Wisconsin Department of Health Services announced Wednesday that it had detected presumptive positive human case of H5N1 in Barron County.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
An even larger investment of $500 million is going toward 10 new outpatient facilities throughout the South Side that will add 85,000 health care appointments each year.
Scientists used the NanoGripper to grab particles from the SARS-CoV2 virus that causes COVID-19.
It may seem like a brave choice to launch a company making old-fashioned mechanical watches—when many wear new-fangled electronic alternatives. But the entrepreneurs' mission is bigger than just watchmaking.
At Yorktown Center in Lombard, just about everyone who spoke with CBS News Chicago on Monday said the act of going out and physically shopping puts them in the Christmas spirit.
Sunday night marked the last night in business for Strat's, after 38 years.
The National Retail Foundation projected roughly 157 million people across the country would shop last-minute and try to wrap up their shopping lists.
Baristas at the store at 5964 N. Ridge Ave. in Edgewater have been on strike since Friday calling for higher wages and better staffing.
Taylor also played two nights at Ravinia this past June.
Mindy Kaling and Morris Chestnut announced the nominations for the 82nd annual Golden Globes, with 10 nominees revealed live on CBS News.
The lawsuit alleges the unidentified girl was raped at a Video Music Awards afterparty in 2000.
Social media sleuths noticed that the house next door to the iconic "Home Alone" house in Winnetka is now up for sale.
Here are the top songs, artists, and albums streamed on Spotify in Chicago this year, according to communications agency Burson Global.
It may seem like a brave choice to launch a company making old-fashioned mechanical watches—when many wear new-fangled electronic alternatives. But the entrepreneurs’ mission is bigger than just watchmaking. Joe Donlon reports on the new Cornell Watch Company.
Jason Samhan of Oak Lawn sent CBS News Chicago his doorbell camera video.
More than 240,000 people were set to fly through Midway International Airport alone on Monday. Marissa Perlman reports.
The Federal Trade commission says scammers can get a gift card number and PIN even before you buy the card.
The actress sued her "It Ends with Us" co-star Justin Baldoni, alleging he and his team designed a plan to destroy her reputation.
Shots were fired from inside a Nissan Altima.
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
No citations were issued in the crash. The police Major Accident Investigation Unit is investigating.
Several City Council members have called the school board's vote to fire Martinez without cause reckless and irresponsible.
It may seem like a brave choice to launch a company making old-fashioned mechanical watches—when many wear new-fangled electronic alternatives. But the entrepreneurs' mission is bigger than just watchmaking.
"San Antonio has really led the way in using aerial surveillance technology to prevent these activities," said Ald. Brian Hopkins (2nd), who chairs the City Council Public Safety Committee.
Customers said contractors from the company, Orange Elephant Roofing & Solar, seemed simply to disappear into thin air. But that is only the tip of the iceberg.
Survivors, advocates and experts have weighed in on Mayor Brandon Johnson's pledge to create a task force to study the safety of Black women in Chicago.
The Chicago-based company is accused of tricking diners about delivery fees, misleading drivers about pay, and listing restaurants on its platform without permission.
Now-retired Joliet police Sgt. Javier Esqueda was charged in connection with leaking squad car video of a man who died in Joliet police custody.
Illinois held the lead for nearly 30 minutes of game time, but a late rally by Missouri took the game down to the wire.
The Ramblers have lost two of their last three after and eight-game win streak to open the season.
Caleb Williams threw for 334 yards and two touchdowns following a string of shaky performances for the Bears.
Nikola Vucevic scored 19 points and 10 assists to lead the Bulls, whose season-high three-game winning streak ended.
Booser went 2-3 with a 3.38 ERA, one save and 43 strikeouts in 43 relief appearances with the Red Sox in his first season in the majors in 2024.
Luigi Mangione pleaded not guilty Monday to state charges in the murder of UnitedHealthcare CEO Brian Thompson.
In each incident, the burglars crashed a dark sedan into businesses and destroyed the front window or glass door.
With the holidays fast approaching, many Lincoln Parkers want others to be aware and stay safe as they get ready to travel.
It happened around 4 a.m. at Eddie's Market in the 11000 block of South Halsted Street.
Richard Allen was sentenced to 65 years for each death, totaling 130 years in prison.
