Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.

The Trump administration's wide-ranging tariffs, climate change and a shortage of agricultural workers in the U.S. are the leading causes of grocery inflation, Phil Lempert, a food industry analyst ...

The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News ...

Food prices started rising rapidly during COVID-19. Since then, food inflation has slowed, but prices are still going up. Jo ...

Jo Ling Kent is jumping to CBS News after spending the last several years with rival NBC News. Kent, who announced her departure from NBC on air last fall. will join CBS News as its senior business ...

Jo Ling Kent, who grew up in Minnetonka, has snagged a key role at CBS News. She'll serve as senior business and technology correspondent for the network starting later this summer. She previously ...

Congratulations to Jo Ling Kent and her husband, Scott Conroy! On Friday morning, the NBC News business and tech correspondent revealed that she has a special delivery on the way. “There are certain ...