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Prices still higher in New York City area amid falling inflation
Consumer prices are down nationally, but experts said higher prices in our area are not surprising.
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Consumer prices are down nationally, but experts said higher prices in our area are not surprising.
Inflation is finally slowing down, CBS2's Alice Gainer reports.
With inflation appearing to slow down nationwide, it means more money will be in your pockets -- even if the Tri-State Area's local report is showing a different outcome. CBS2's John Dias has the details.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Some analysts predict December inflation will be down from the 7.1% in November. CBS2's John Dias reports.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Sharp drop in average gas prices signals that this year's breakneck pace of inflation is cooling.
News of inflation easing sent stock soaring, but the price of food is still consistently high, CBS2's Dick Brennan reports.
New data shows things are calming down just a bit. CBS2's John Dias explains why.
A slight decrease is expected, but it will still be a long way from the feds goal of 2%. CBS2's John Dias has the details.
We're going to be forced to pay more for almost everything we count on for the holiday, especially the turkey.
The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
Doctors say inflation is impacting nutrition as shoppers choose less expensive, often less healthy, options.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
A new report from Bankrate finds nearly 80% of people are changing their holiday travel plans because of rising prices, especially for flights.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
CBS News correspondent Meg Oliver takes a trip to the grocery store with consumer reports expert Brian Vines to learn small ways to save big in the grocery store.
The central bank said it is boosting rates by 0.75 percentage point. Expect to pay more for credit card debt and loans.
Disposable diapers can cost up to $80 per month per child, and with inflation, prices are even higher.
The 8.3 percent hike in the consumer price index is especially bad news for retirees living on fixed incomes.
Wall Street continues to find its footing Wednesday after stocks tumbled to their worst day in two years following the latest inflation report. CBS2's Elijah Westbrook spoke with consumers and experts to see how they're dealing with the squeeze on their finances.
Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
Inflation is doing a number on just about all supplies, but experts say there are steps that can save money, CBS2's Jennifer McLogan reports.
Airfares were down 7.8% in July compared to June, according to the latest numbers released by the Labor Department.
The new report shows inflation slowed last month.
New York City police say officers shot a man who was wielding a machete late Wednesday night in the Mott Haven section of the Bronx.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Josef Martínez scored two second-half goals to help CF Montreal rally for a 2-2 tie with the New York Red Bulls.
Mounsef Bakrar and Talles Magno each scored a second-half goal to help New York City FC rally and play Atlanta United to a 2-2 tie.
The death of Eric Garner in 2014 thrust his mother, Gwen Carr, into a life of activism. Her son's last words – "I can't breathe" – became a flashpoint for issues surrounding social injustice, seen then and still today in protests and demonstrations.
New York City police say officers shot a man who was wielding a machete late Wednesday night in the Mott Haven section of the Bronx.
The death of Eric Garner in 2014 thrust his mother, Gwen Carr, into a life of activism. Her son's last words – "I can't breathe" – became a flashpoint for issues surrounding social injustice, seen then and still today in protests and demonstrations.
An 89-year-old stand-up comedian is one of the latest victims of random assault in New York City. Another woman randomly punched her in the face as she was walking home from a swim class on July 10.
New York's next offshore wind farm, Sunrise Wind, will be seven times bigger than its first one.
Mayor Eric Adams is moving ahead with the installation of a controversial weapons detection system in the subways. The first stations could get them in a matter of days.
New York and New Jersey coped with another day of excessive heat and humidity Wednesday, as well as severe weather.
Severe weather moved through parts of the Tri-State Area amid another heat wave Tuesday, causing widespread damage.
Physical effects of heat waves, like heat stroke, are widely known. But scientists are now sounding the alarm on psychological consequences of extremely high temperatures.
The First Alert Weather Team has issued a Red Alert through Wednesday due to excessive heat and humidity in New York City, New Jersey and the entire Tri-State Area.
Extreme heat returned Sunday and it's only going to get hotter over the next few days.
Sen. Bob Menendez is refuting reports that he's planning to resign after he was convicted on federal bribery charges.
Pressure is mounting on convicted felon Bob Menendez to resign from the U.S. Senate, but not everyone thinks he will.
New York and New Jersey coped with another day of excessive heat and humidity Wednesday, as well as severe weather.
NJ Transit says the excessive heat is causing equipment issues, and riders should expect delays and cancellations for days.
A meteor soared over the Statue of Liberty in NYC and New Jersey, prompting reports of a loud boom and shaking buildings.
New York's next offshore wind farm, Sunrise Wind, will be seven times bigger than its first one.
Officials in Hempstead are warning beach goers about recent shark sightings and rough seas.
Nassau County Executive Bruce Blakeman signed a a controversial transgender athlete ban Monday which passed last month by the Nassau County legislature along party lines.
Physical effects of heat waves, like heat stroke, are widely known. But scientists are now sounding the alarm on psychological consequences of extremely high temperatures.
The First Alert Weather Team has issued a Red Alert through Wednesday due to excessive heat and humidity in New York City, New Jersey and the entire Tri-State Area.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Ohio Sen. JD Vance delivered a speech on the third night of the Republican National Convention and accepted the party's nomination for vice president.
Sen. Bob Menendez is refuting reports that he's planning to resign after he was convicted on federal bribery charges.
New York's next offshore wind farm, Sunrise Wind, will be seven times bigger than its first one.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
Physical effects of heat waves, like heat stroke, are widely known. But scientists are now sounding the alarm on psychological consequences of extremely high temperatures.
At least two cases of measles have been found in people staying at a New York City-run shelter for migrants in Brooklyn.
Nationwide, the CDC says the COVID virus level in wastewater is now "high" for the first time since last winter.
A first responder on Long Island is said to be the first in the country, outside a clinical trial, to undergo a life-saving surgery for peripheral artery disease.
Tahjana Lewis suffered burns to her chest, arms and legs, according to a recent lawsuit the Connecticut woman filed.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
Shannen Doherty had been battling cancer since 2015.
Judge Mary Marlowe Sommer dismissed the case with prejudice based on the misconduct of police and prosecutors.
Shelley Duvall worked frequently with director Robert Altman, and appeared in her final film in 2023 after decades away from Hollywood.
Josef Martínez scored two second-half goals to help CF Montreal rally for a 2-2 tie with the New York Red Bulls.
Mounsef Bakrar and Talles Magno each scored a second-half goal to help New York City FC rally and play Atlanta United to a 2-2 tie.
Argentina won its second straight Copa America championship, overcoming Lionel Messi's second-half leg injury to beat Colombia 1-0 on Lautaro Martínez's 112th-minute goal.
Fans appeared to breach the security gates at Hard Rock Stadium hours before the Copa America final between Argentina and Colombia.
Michael Toglia hit three of the Rockies' six homrs in an 8-5 win over the Mets on Sunday.
It's a tradition that dates back to 1887. Worshippers in Brooklyn paraded through the streets, a beloved Italian tradition.
Yehuda Beinin said his daughter was held in two different homes in Gaza for 54 days.
The New York City Department of Environmental Protection is installing seven miles of porous pavement in Brooklyn.
CBS New York first reported in April that drivers were illegally parking cars in a grassy area alongside a bike lane under the Queensboro Bridge. Since then, community members say they've seen little improvement.
Mayor Eric Adams' rezoning proposal, dubbed "City of Yes," sparked debate at a lengthy public hearing Wednesday.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
NJ Transit says the excessive heat is causing equipment issues that could lead to days of service disruptions. CBS New York's Christina Fan has the latest and hears from commuters.
The NYPD says a man wielding a machete was shot and wounded by police late Wednesday night in the Bronx.
CBS New York's Tony Sadiku and John Elliott have the latest weather forecast.
CBS New York's Lonnie Quinn has your First Alert Forecast for July 17 at 11 p.m.
CBS New York's partners at Chalkbeat say the New York City Public School system is considering a plan to ban cell phones in schools starting in February.