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Chelsea Hylton is a web producer for CBS Los Angeles. An Inglewood native, Hylton has her master's degree from USC. She covers local breaking news across the Southern California region. Before joining ...

Underlying US inflation rose as expected in August, keeping the Federal Reserve on track to cut interest rates next week. The core consumer price index, excluding the often volatile food and energy ...

Consumer prices accelerated modestly in August, according to the latest Consumer Price Index data released Thursday by the Bureau of Labor Statistics. The data comes shortly before the Federal Reserve ...

NEW YORK (AP) — Wall Street’s record-setting run kept rolling on Thursday, and stocks climbed after a mixed set of U.S. data kept the path clear for the Federal Reserve to cut interest rates in order ...

Wisconsin's Department of Public Instruction is updating the scoring system for its K-12 school report cards. Critics, including some school boards and a law firm, argue frequent changes make ...

A day before the release of the latest consumer price index report, Keith Buchanan, senior portfolio manager and partner at GLOBALT Investments, said U.S. inflation data must continue moderate in ...

The U.S. government said it overstated job growth by 911,000 in the year through March 2025, raising fresh doubts over the strength of the labor market and offering statistical proof that job growth ...

Inflation fears haven't been put to bed. Investors probably won't sweat this week's inflation data as they fully pencil in a Federal Reserve rate cut following clear signs the labor market is slowing ...

The US job market drastically weakened in August, confirming signs of a slowdown – and making an interest rate cut this month look like a done deal. Employers added a paltry 22,000 jobs last month — ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.