January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
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The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
With higher prices for beef, customers are looking for alternatives.
Economists had expected CPI to rise at an annual rate of 3% last month.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
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.
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 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.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
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.
The across-the-board 10 percent tariffs apply to a wide range of imported materials and goods.
Some consumers support the tariffs, believing they will benefit the U.S. economy in the long run.
Americans express concern about their ability to pay bills and save money.
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.
The U.S. Labor Department reports that grocery prices were up 1.8% in December compared to the previous year.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
The new prices are expected to be implemented on October 1 and some are not happy about it.
All nine avalanche victims have been recovered from California's Sierra Nevada, Nevada County Sheriff Shannan Moon said Saturday at a news conference.
Caleb Flynn, 37, appeared in season 12 of "American Idol." He was arrested by Tipp City police last week and charged with murder, assault and tampering with evidence.
Through research, mobile screenings and firefighter-led advocacy, this initiative is working to detect cancer earlier and reduce risks for those on the front lines.
A Sylvester nurse practitioner who cared for Jim Mandich reflects on how his vision continues to unite people.
Multiple cycling routes tied to the Dolphins Cancer Challenge will affect traffic near Hard Rock Stadium and along parts of the South Florida coastline.
All nine avalanche victims have been recovered from California's Sierra Nevada, Nevada County Sheriff Shannan Moon said Saturday at a news conference.
Caleb Flynn, 37, appeared in season 12 of "American Idol." He was arrested by Tipp City police last week and charged with murder, assault and tampering with evidence.
Through research, mobile screenings and firefighter-led advocacy, this initiative is working to detect cancer earlier and reduce risks for those on the front lines.
A Sylvester nurse practitioner who cared for Jim Mandich reflects on how his vision continues to unite people.
Multiple cycling routes tied to the Dolphins Cancer Challenge will affect traffic near Hard Rock Stadium and along parts of the South Florida coastline.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
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.
On Friday, President Trump signed a proclamation that would impose 10% tariffs on most foreign imports to the United States.
House Speaker Mike Johnson's office has denied a request to have the late Rev. Jesse Jackson lie in honor in the U.S. Capitol Rotunda due to past precedent.
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
President Trump is pressuring Iran to either curtail its nuclear program or face military strikes, after Iran amassed a large stockpile of highly enriched uranium. Here's what to know.
Alyssa Alhadeff and Alex Schachter were murdered eight years ago at Marjory Stoneman Douglas High School. Now, their parents are championing legislation to ensure that the tragedy never happens again.
As the partial government shutdown gets underway, Moskowitz argued that ICE should be reformed.
Alexander Vindman spoke to CBS Miami's Jim DeFede on Sunday's Facing South Florida now that he is running for U.S. Senate in Florida.
The bill by State Rep. David Borrero would order a study on moving Miami-Dade's Urban Development Boundary (UDB) line and eliminating longstanding safeguards designed to protect the Everglades, requiring any project outside the UDB to receive a two-thirds vote of the County Commission.
Haitian American advocates, like Miami Dade County Commissioner Marlene Bastien, say the move is both cruel and creates a sense of fear in the community.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
In a new study that could have significant implications for future Alzheimer's treatment, researchers at the University of Miami have successfully figured out how to combat one of the early signs of the neurodegenerative disease.
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
Jimmy Carter made eradicating the Guinea worm a top mission of The Carter Center. Now it could soon become the second disease eradicated in history.
The House's Health Care Facilities & Systems Subcommittee approved the bill which also changes multiple laws and restrictions involving nursing homes, dental hygienists, and registered nurses.
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.
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A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
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.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
Hilary Duff opens up about taking the stage for the first time in 10 years, addresses fan rumors about her single "Mature," and shares deeply personal lyrics about her sister, Haylie, in a "CBS Mornings" interview.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Bad Bunny is set to star in his first leading role in the film "Porto Rico" alongside Javier Bardem, Viggo Mortensen and Edward Norton.