INFLATION

U.S. gas prices have dipped under $4 a gallon for the first time in more than five months.

July’s jobs report was a stunner, in more ways than one.

CBS News projects that Kansas voters will uphold the right to an abortion, rejecting a measure that would have tightened curbs or banned abortions, statewide. House Speaker Nancy Pelosi, in Taiwan, says went there in peace for the region. China is fuming about the visit. And the Senate has passed the bill to expand health care benefits for veterans who were exposed to burn pits during their military service.

With no break in sight for rising prices, even wealthier Americans are feeling financially strained.

Consumers and businesses are feeling the pinch of high prices, including Second Harvest Food Bank of Central Florida.

The European Central Bank has raised rates as it tries to tackle soaring eurozone inflation.

Inflation has risen to 9.1% over the past year, according to Bureau of Labor Statistics.

A community has come together to support a veteran-owned café after it announced plans to close its doors due to inflation costs.

Inflation has risen to 9.1% over the past year, according to Bureau of Labor Statistics.

The industry feeling the greatest impact of inflation in Central Florida is the housing market, according to an expert on the subject.

Inflation & the housing crisis: Families forced into desperation Many of you are being forced to make some drastic decisions. 9 investigates how the rise of inflation has left people desperate to find a roof at night. 9 Investigates how the rise of inflation has left people desperate to find a roof at night at 5 p.m. Thursday on Channel 9 Eyewitness News. Read: US inflation surges again in June, raising risks for economy14 states approve stimulus checks as inflation continues to rise As an answer to soaring inflation and high gas prices 14 states are offering stimulus payments. (NCD)Inflation housing crisis Families forced into desperation (WFTV)©2022 Cox Media Group

Inflation’s relentless surge didn’t merely persist in June.

Some 65% of U.S. adults earning $100,000 or more said they are "very concerned" about rising costs due to inflation, a CNBC/Morning Consult poll found.

Starting on Sunday, the United States Postal Service is raising the price of postage.

Sending mail through U.S. Postal Service will cost a little more, starting this weekend.

Even though some products are still being sold at the same price, the sizes are shrinking.

The potential sale of the Kohl’s department store chain has fallen apart in a shaky retail environment of rising inflation and consumer anxiety.

President Joe Biden is calling on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures.

President Joe Biden says he’s considering pressing for a holiday on the federal gasoline tax.

According to The Wedding Report, 2.5 million weddings are expected this year, marking the most since 1984. And with inflation at an all-time high, the timing could not be worse.

Thousands of Central Florida families who relied on free meals at school throughout the pandemic will have to apply for the benefit starting this next school year, but there are options for the summer.

Treasury minister Simon Clarke warns bosses to be "very careful" in setting wage increases.

Inflation continues to batter consumers, but there are still ways to lessen the bite.

Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it.

Jeff Shell, the CEO of NBCUniversal, discussed the economic condition of the company’s theme parks at the 24th Annual Credit Suisse Communications Conference Tuesday.

The Federal Reserve intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of another recession.

Sen. Linda Stewart, D-Orlando, called for an immediate moratorium on the Florida gas tax Friday, calling for Gov. Ron DeSantis to take action and provide “immediate fuel price relief” for Florida residents.

As gas prices continue to soar, people are trading in their vehicles for a more cost-efficient form of transportation — bikes.

Inflation is "here to stay," says Suze Orman, and given that, here's the "No. 1 investment that every single one of you should have no matter what right now."

Despite record-high gas prices, millions of people are still expected to hit the road this Memorial Day weekend.

Florida consumers who are struggling with the high price of everything from gasoline to food should consider a new budget mantra: “Is it a need or a want?”

Three businesses in Lake County are being forced to shut their doors because of nationwide problems — workforce shortages and inflation.

Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million.

The Biden administration is considering tapping a rarely used diesel reserve to help ease the pain at the gas pump as inflation continues to drive up prices.

Take a look at why Florida is now considered the least affordable place to live in the entire country.

America has been bogged down with the worst inflation in decades. Economist Sean Snaith blamed bad policy in response to the COVID-19 pandemic.

Annual inflation grew by 8.3% in April, but some retirees may be shielded from certain swelling costs, according to a J.P. Morgan report.

To figure out how much inflation is impacting your wallet depends on what you're spending and where. Here's how to calculate your personal inflation rate.

U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.

High inflation and a tight labor market means workers have more leverage to make the case for a raise.

Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making it hard for millions of American households to keep up with surging prices.

U.S. Rep. Darren Soto, D-Kissimmee, joined anchor Justin Warmoth on "The Weekly" to discuss the potential ruling, inflation, and whether he believes the Biden Administration is doing enough to curb the high cost of living.

According to the latest Consumer Price Index report from the U.S. Bureau of Labor Statistics, food-at-home prices have risen 10% in the last 12 months.

McDonald’s said higher U.S. menu prices and easing COVID restrictions in Europe helped offset troubled markets like China and Russia in the first quarter.

A Pine Hills-based church is working to get results and help families amid rising gas prices and the impacts of inflation.

Inflation is currently the No. 1 concern of financial advisors, according to a new survey conducted by ETF Trends.

President Joe Biden has journeyed to corn-rich Iowa to announce he's suspending federal rules that restrict ethanol in gasoline, aiming to strike at least a small blow against surging inflation.

Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.

As gas prices continue to rise, drivers are seeking cheaper alternatives of transportation.

Inflation is the topic of the month in our solutions journalism show, “Solutionaries.”

It seems like you hear about it more and more these days: The extreme lengths people are going to in order to buy a new house; how much it costs to fill up the gas tank; and what we’re spending at the grocery store.

The nationwide average price for a gallon of unleaded gas has reached record highs in 2022, according to GasBuddy.com.

Just last week, we asked you, our readers and viewers: When it comes to inflation, or even just when you hear the word, what do you think of first? Or better yet, what’s affecting your life the most?

Let’s face it, inflation is probably affecting just about every one at this point. Whether it’s gas prices, cost of groceries or paying rent, many are struggling to stay afloat.

Inflation is a word that fills many with dread. A recent Harris Poll found that 55% of Americans are worried about inflation and what it will do to their cost of living.

If you’re in the Jacksonville, Florida area, you’ve likely seen the logjam of container ships sitting idly offshore. The vessels are packed with items destined for store shelves -- and they’re things business owners and consumers desperately need delivered.

If you’ve been to the gas pumps lately, or even listened to any news outlet, you’re likely well aware that gas prices are at a painful high.

With record-breaking inflation, everything is more expensive right now. Rent prices are no exception.

Slightly more Americans applied for unemployment benefits last week, but layoffs have settled to the low, pre-pandemic levels before 2020′s coronavirus recession.

Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.

With the gas prices shattering a record high on Tuesday, concerns are rising about the impact it will have on Central Florida tourism.

The brewer blames rising inflation, adding that people may drink less beer as a result.

The economy has become more resilient to the virus with each new variant. But it’s become clear that the rebound will revolve around pandemic caseloads.

Inflation surged to its highest level in nearly four decades in 2021. The Consumer Price Index increased by 0.5% in December, for a total annual increase of 7%. CBS News senior White House correspondent Weijia Jiang and CBS News congressional correspondent Scott MacFarlane join CBSN to discuss the Biden administration's plans to combat inflation and what it means for Americans moving forward.

For the wealthy and affluent, inflation brings the threat of higher interest rates, which increases the cost of borrowing and can put pressure on asset values.

Chair Jerome Powell is right to retire the term “transitory.” Now the bank should change its approach to fulfilling its mandate.

Take advice from the experts about how to beat inflation or even benefit from it.

With the surge in pandemic spending fading, retailers must navigate unprecedented territory.

Experts say the current rise in prices will be short-lived.