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Although inflation has fallen for seven straight months, prices for one item that is a major part of every American s budget continues to rise: the food we eat at home.Grocery inflation picked up in January, even as overall U.S. prices fell slightly from the previous month, according to federal labor data. Prices for food at home mdash; what people buy at retailers to prepare their own meals mdash; jumped 11.3% in January from a year earlier, the Labor Department said on Tuesday. Hunger cliff looms as 32 states set to slash food-stamp benefitsMany households continue to feel the pinch, even as the overall inflation rate is slowly receding, thanks to lower costs for items such as used cars and airline fees. Seniors and low-income households ar stanley cup e among the most hurt by stubbornly high prices stanley cup in the grocery aisle. Although Social Security recipients received an 8.7% cost-of-living increase for 2023, the biggest jump since 1981, the bump still lags food costs, while the poor generally spend a greater share of their overall earnings on food. Leading pain point More seniors are pointing to food costs as an ongoing concern, according to the Senior Citizens League, an advocacy group for older Americans. According to our latest survey, 63% rated food costs as the category of spending that increased the fastest in their household, said Mary Johnson, Social Secu stanley cups rity and Medicare policy analyst at the Senior Citizens League. This is up from 58% Bxpm Don t use your 401(k) as a piggy bank
The investigation into the mass shooting in Las Vegas Sunday evening, in which at least 59 people were killed a adidas campus nd more than 500 were injured, will try to determine a motive for what is the deadliest mass shooting in U.S. history.Authorities say 64-year-old Stephen Craig Paddock fired from the 32nd floor of the Mandalay Bay Hotel and Casino at a crowd attending a music festival below. When police entered his ho af1 tel room, they discovered Paddock had killed himself.A motive has not yet been determined. On CBS This Morning Monday, CBS News senior national security analyst Fran Townsend and CBS News law enforcement analyst Paul Viollis discussed where the investigation will now turn. Just because he doesn t have a criminal record doesn t mean he doesn t have a criminal past, said co-anchor Gayle King. He did have some interaction with law enforcement Las Vegas undersheriff says at least 10 rifles in gunman adidas originals s hotel room 15:56 Exactly, said Viollis. What we ll find as the day progresses, and tomorrow, is what police actually communicated with him when they responded to him at his home and how many different times. Again, just because there s no record doesn t mean there s no history with respect to interaction with the shooter in this particular case. Cle
Although inflation has fallen for seven straight months, prices for one item that is a major part of every American s budget continues to rise: the food we eat at home.Grocery inflation picked up in January, even as overall U.S. prices fell slightly from the previous month, according to federal labor data. Prices for food at home mdash; what people buy at retailers to prepare their own meals mdash; jumped 11.3% in January from a year earlier, the Labor Department said on Tuesday. Hunger cliff looms as 32 states set to slash food-stamp benefitsMany households continue to feel the pinch, even as the overall inflation rate is slowly receding, thanks to lower costs for items such as used cars and airline fees. Seniors and low-income households ar stanley cup e among the most hurt by stubbornly high prices stanley cup in the grocery aisle. Although Social Security recipients received an 8.7% cost-of-living increase for 2023, the biggest jump since 1981, the bump still lags food costs, while the poor generally spend a greater share of their overall earnings on food. Leading pain point More seniors are pointing to food costs as an ongoing concern, according to the Senior Citizens League, an advocacy group for older Americans. According to our latest survey, 63% rated food costs as the category of spending that increased the fastest in their household, said Mary Johnson, Social Secu stanley cups rity and Medicare policy analyst at the Senior Citizens League. This is up from 58% Bxpm Don t use your 401(k) as a piggy bank
The investigation into the mass shooting in Las Vegas Sunday evening, in which at least 59 people were killed a adidas campus nd more than 500 were injured, will try to determine a motive for what is the deadliest mass shooting in U.S. history.Authorities say 64-year-old Stephen Craig Paddock fired from the 32nd floor of the Mandalay Bay Hotel and Casino at a crowd attending a music festival below. When police entered his ho af1 tel room, they discovered Paddock had killed himself.A motive has not yet been determined. On CBS This Morning Monday, CBS News senior national security analyst Fran Townsend and CBS News law enforcement analyst Paul Viollis discussed where the investigation will now turn. Just because he doesn t have a criminal record doesn t mean he doesn t have a criminal past, said co-anchor Gayle King. He did have some interaction with law enforcement Las Vegas undersheriff says at least 10 rifles in gunman adidas originals s hotel room 15:56 Exactly, said Viollis. What we ll find as the day progresses, and tomorrow, is what police actually communicated with him when they responded to him at his home and how many different times. Again, just because there s no record doesn t mean there s no history with respect to interaction with the shooter in this particular case. Cle