Dow soars 1,000 points on better-than-expected inflation report
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
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.
The 10 most popular candy brands have seen an average price increase of 13% since 2021, according to Datasembly.
"Unless significant conservation actions are taken, the United States is likely to cause the first anthropogenic extinction of a great whale species," scientists said.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
CBS4's Danya Bacchus reports on the recent holiday inflation that leaves those reconsidering.
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.
Walmart and Target plan to begin offering deals earlier this year to ease sting of soaring inflation on shoppers.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
Borrowing costs rose to their highest level in 14 years, and more interest-rate hikes are likely, Fed signaled.
Government says inflation is cooling off, slightly.
CBS4's Ashley Dyer reports on how inflation is at an all-time high, rents are soaring and everyday living is anything but easy.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
Flexible, part-time gigs offer ways to make extra cash, from tutoring to renting out your house or car.
President Biden is signing the Inflation Reduction Act, making it officially a law, on Tuesday.
Americans are dipping into savings and switching to lower-cost brands as food prices climb higher.
Over the last 12 months, grocery prices soared 13.1%, the largest annual increase since March 1979.
"Typically, over the summer months we see a huge spike in the population," said Flora Beal.
Residents in the path of Hurricane Helene in northwest Florida evacuated or were hunkered down Thursday.
Storm surge on Florida's Gulf Coast could reach 15 to 20 feet near where the storm makes landfall, according to the National Hurricane Center.
As Hurricane Helene made landfall on Thursday night, as a tropical storm warning remains in effect for all of South Florida.
Storm surge is a bigger killer than wind when a major hurricane hits shore.
As the storm intensifies, airports across the state are taking the necessary precautions to ensure travelers fly safely and get to their destinations promptly.
Hurricane Helene made landfall Thursday night in the Big Bend area on Florida's Gulf Coast as a dangerous Category 4 storm.
Residents in the path of Hurricane Helene in northwest Florida evacuated or were hunkered down Thursday.
Storm surge on Florida's Gulf Coast could reach 15 to 20 feet near where the storm makes landfall, according to the National Hurricane Center.
The CBS Miami Nat Moore Trophy recognizes the top high school football player in Miami-Dade, Broward and Monroe counties.
As Hurricane Helene made landfall on Thursday night, as a tropical storm warning remains in effect for all of South Florida.
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.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Suspect Ryan Routh was charged last week with two federal firearms charges after allegedly targeting former President Donald Trump.
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.
Hall of Fame NFL quarterback Brett Favre said during testimony before Congress Tuesday he has been diagnosed with Parkinson's disease. Currently, there is no known cure, but a variety of medications can provide relief.
34 laws passed during the 2024 legislative session will take effect, with the homeless changes drawing the most attention.
Some Florida school districts are rolling back a more comprehensive approach to sex education in favor of abstinence-focused lessons.
In a follow-up to last week's special edition of Facing, Jim talks to Sen. Sheldon Whitehouse, D - R.I., who is the chairman of the Senate Budget Committee.
In about a month and a half Florida voters will decide Amendment 4, which would eliminate the state's six-week abortion ban and would return Florida to what it was like before the U.S. Supreme Court struck Roe v. Wade.
Research shows that an overwhelming majority of likely Florida voters believe global warming is real.
CBS News Miami's Jim DeFede discusses the latest update with Miami-Dade County Judge Steve Leifman and county Commissioner Raquel Regalado.
Martin Karp is running against Joe Geller for a Miami-Dade School Board seat.
The government has already disbursed more than 900 million free at-home COVID-19 tests, and will be reopening its free test kit portal.
Regulators say the nation's largest pharmacy benefit managers are partly to blame for the soaring cost of insulin in the U.S.
Many of the pertussis infections have been reported in older children and adults.
Meat processor's marketing of industrial beef products as "climate-smart" misleads consumers, environmental group alleges.
Teva will stop selling the painkillers on September 30.
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.
Ringing in your ears? These are the best hearing aids for dealing with tinnitus in 2024.
Don't want to wait for Amazon's October Prime Day sale? These top Amazon air purifiers deals are available now.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
The adventure begins for 16 ordinary Americans as they embark on their trek to the top of the treacherous New Zealand Alps in 'The Summit.'
In her new film, the actress plays an aging TV star who finds a sinister potion that can give her a younger, more perfect version of herself, but at a horrifying price. Moore, now 61, talks about having suffered due to the entertainment industry's toxic expectations of beauty.
Since their debut nearly 35 years ago, Pearl Jam has been one of the world's most popular and influential rock groups. Lead singer Eddie Vedder and bassist Jeff Ament talk about success, friendship, creativity, and giving back to their loyal fans.
Alec Baldwin, lead actor and co-producer on "Rust," was pointing a gun at cinematographer Halyna Hutchins during a rehearsal when it went off, killing her and wounding director Joel Souza.
MrBeast's production company, along with Amazon Studios, is facing a lawsuit involving contestants from the reality show "Beast Games."