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Inflation fell in January, but more slowly than forecast
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
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Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
Americans watching Sunday's big game will spend less for meat and some other items for their Super Bowl parties this year.
Valentine's spending is expected to go up year-over-year as consumers expand their gift-giving to friends — and even pets.
The price of eggs is higher than they have ever been before. The higher cost is causing more people to buy their eggs from local sources.
With egg costs more than doubling in the past year, calls are coming for an investigation into possible price gouging.
"Disappointing U.S. data releases and hawkish Fed rhetoric are also adding to the risk-off mood," said one analyst.
Dow falls more than 600 points, while sharp drop wipes out S&P 500's gains from last week.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
California's latest budget accounts for a major deficit.
The job market remains strong — a good sign for workers but a blow to the Fed's efforts to cool inflation.
Almost 4 in 10 of consumers who went into debt expect it will take at least five months to pay off their bills.
Personal consumption expenditures increased at the lowest rate in over a year, showing the long run-up in prices is likely ending.
The minimum salary people want has risen to 8-year high, reflecting a hot job market and high cost of living, a survey says.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Extreme weather like droughts and flooding, in addition to produce and animal diseases, have squeezed supply and led to wild price swings across food items this year.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Punishing inflation is forcing many people to economize this holiday season, while some are skipping gifts altogether.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Janet Yellen is set to unveil the first U.S. currency bearing her signature, marking the first time that U.S. bank notes will bear the name of a female treasury secretary.
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
AAA projects more than 7.3 million Californians will be on the move.
Many families are finding it harder to travel or put on a Thanksgiving feast this year. From gas to groceries, inflation is having a big impact on the holidays this year.
Amazon Prime Day 2024 is still on. Here's what happens during the annual sale.
Work crews are cleaning up after an early morning fire apartment fire forced more than a dozen people to evacuate.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
Naomi Pomeroy, an award-winning chef who helped put Portland on the map as a culinary destination, was 49 years old.
Mayor Anne Hidalgo declared the Seine river "exquisite" after taking a long-promised dip to show its water is safe for the Paris Olympics.
Prosecutors announced Tuesday that they are not yet ready to file new charges against Henry Stanley, 37, arrested five days ago on suspicion of killing his wife Megan Duncanson, 29.
The Stockton community is remembering Misty Holt-Singh who was killed 10 years ago Tuesday in a crime that left a lasting impact on the city.
Amazon Prime Day 2024 is still on. Here's what happens during the annual sale.
A suspect was arrested as authorities investigated a bomb threat at a Sacramento library, officials said Tuesday.
Work crews are cleaning up after an early morning fire apartment fire forced more than a dozen people to evacuate.
We got a look at some newborns on display at the Sacramento Zoo and how a baby boom there could help protect some species from extinction.
A man and child died in a fire at an apartment complex in south Sacramento, officials said Monday.
On this first day of the Republican National Convention, Donald Trump supporters are in solidarity like never before.
Thousands of music fans braved the heat to help celebrate the opening of a new outdoor Sacramento concert venue. Here's a look at the site and what's being done to keep people cool.
California has set a goal of having five million electric vehicles on the road in the next six years, and training is now underway to ensure there are enough people with the high-tech skills to maintain them.
A new team of young volunteers is being trained to help reduce the threat of wildfires and respond when they grow out of control.
A new artificial turf surface at the Oakland Athletics' temporary home in Sacramento will have a hydration element because of summer heat at the open-air ballpark.
Banking services from Patelco Credit Union halted following a ransomware attack have been mostly restored although questions about customers' personal information remained.
Convicted murderer Scott Peterson is back in court on Tuesday in a new effort to prove his innocence.
California Gov. Gavin Newsom has signed a law barring school districts from passing policies requiring schools to notify parents if their child asks to change their gender identification.
Mayor Anne Hidalgo declared the Seine river "exquisite" after taking a long-promised dip to show its water is safe for the Paris Olympics.
Lindsey Harding, the coach of the year last season with the Sacramento Kings' G League affiliate, is joining JJ Redick's coaching staff with the Los Angeles Lakers, ESPN first reported Tuesday.
A new artificial turf surface at the Oakland Athletics' temporary home in Sacramento will have a hydration element because of summer heat at the open-air ballpark.
A person familiar with the negotiations tells The Associated Press that star wide receiver Brandon Aiyuk has requested a trade from the San Francisco 49ers because the two sides haven't made progress on a new deal.
Joe "Jellybean" Bryant, a former Philadelphia 76ers and La Salle University basketball great and the father of the late, NBA legend Kobe Bryant, has died. He was 69.
One California lawmaker called out Musk for his announcement that he will move his companies to Texas, while another lawmaker agreed with the billionaire's concerns.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
CBS News is fact checking statements made by GOP speakers on the second night of the 2024 RNC, where Donald Trump will become the GOP presidential nominee.
There had been a brief hiatus in the growing calls by House Democrats for a new nominee after Saturday's attempt on Donald Trump's life, but that seems to have ended.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
14 students from a Tokyo high school were rushed to a hospital after eating chips marketed as "so spicy that they might cause you pain."
A UC Davis researcher spoke about what causes heart failure, what fixes it, and how that could be different for men and women.
Nationwide, the CDC says the COVID virus level in wastewater is now "high" for the first time since last winter.
At least 58 illnesses have been reported across 27 states from now-recalled Diamond Shruumz brand products.
The Sears department store in Stockton, a longtime staple of the community, will be closing next month.
Neighbors in Sacramento's Land Park say that in the battle over retail theft statewide, law enforcement officials and retail giant Target have worked to clean up a store location on Riverside Boulevard that had become overwhelmed by crime.
A new California law is designed to protect consumers against excessive or undisclosed costs on purchases. However, Gov. Newsom signed a last-minute exemption for the restaurant industry.
The SUV was supposed to be shipped from Idaho to Yuba City within three days. The dealer kept changing the delivery date, blaming a shipping issue. With his baby's due date approaching, Deandre Hobbs grew impatient.
Popular restaurant chain Rubio's Coastal Grill announced it was shuttering dozens of locations across the state, and now employees say they are having trouble cashing their final paychecks.
It was an emotional day in court for many who lived through the shootout and Abril's later escape.
Instead of facing trial for attempted murder, the Pasadena doctor accused of trying to kill his wife and kids by driving their Tesla off a cliff was released on Monday.
Emails obtained by CBS News California Investigates reveal the Governor's Chief of Staff did not want to negotiate with the initiative coalition unless they agreed to postpone their ballot measure until 2026.
Amid concerns that some felony defendants could be misusing California's Mental Health Diversion Court to have their violent crimes dismissed, a CBS News California investigation found that there is no reliable data to indicate how successful the state program is.
In response to a CBS News California Investigation, California lawmakers are demanding answers from Caltrans and considering legislation to fix Caltrans' damage claim process.
Sizzling hot temperatures are cooking much of the Sacramento Valley and Northern California this week, so it is only natural to reach for the thermostat to flip on your air conditioner for some cooling and comfortable relief.
Laura Allen says after months of trying to get her father's military service records from the Veterans Administration, she still didn't have them.
At least one DoorDash customer says he will only use the delivery app when he is hungry - and not for electronics.
As more and more Americans struggle to save money these days, we found a 45-day challenge to save $1,000.
The SUV was supposed to be shipped from Idaho to Yuba City within three days. The dealer kept changing the delivery date, blaming a shipping issue. With his baby's due date approaching, Deandre Hobbs grew impatient.
Jessie Fischer's Airbnb rental off Highway 140 was one of those homes flattened by the fire on the Fourth of July.
The Pay Fire in El Dorado County that broke out Saturday afternoon got dangerously close to multiple neighborhoods, but firefighters were able to stop it from destroying any homes.
Firefighters are battling a 168-acre fire that was reportedly started by an escaped campfire found by hikers in the Tahoe National Forest on Sunday evening, officials said.
As crews make progress on the Pay Fire in El Dorado County, local downtown businesses said they feel lucky the situation wasn't much worse.
All evacuation warnings were lifted Monday for a fire that sparked over the weekend near Placerville.
Pursuing higher education can be challenging for any college-bound student and for former foster youth, doing it alone can seem impossible.
A celebration at Sacramento Charter High on Thursday as college-bound seniors announced their campus of choice and 95% were accepted into four-year schools.
A bank employee in Lodi has some big bragging rights. He's never missed a day of work in his 47 years on the job and now he's getting ready to retire.
Meet Frannie the dog, Instagram's newest fitness influencer.
A Yuba City mom started a baseball team for kids with physical and intellectual disabilities after finding her 11-year-old son with Down Syndrome didn't have anywhere to play.
Metro Fire officials say it's been a busy week for apartment fires in the Sacramento area.
A new team of young volunteers is being trained to help reduce the threat of wildfires and respond when they grow out of control.
The Stockton community is remembering Misty Holt-Singh who was killed 10 years ago Tuesday in a crime that left a lasting impact on the city.
Yolo County prosecutors announced Tuesday they are not yet ready to file new charges against Henry Stanley, 37, arrested on suspicion of killing his wife Megan Duncanson, 29.
We previously mentioned a Sears store in Stockton that's closing once had a bomb shelter underneath. Well, it wasn't the only building in our area that had one. In this segment of The Answer, we dig up a story Tony Lopez did several years ago on why our area was a target during the Cold War and where other bomb shelters can still be found today.