INFLATION

The rising cost of materials forced them to postpone the building process, Alquist said

Whether it’s dinner for one or you’re feeding a family of six, the cost of groceries is hitting families hard, forcing them to make changes.

The inflation can be contributed to an avian-influenza outbreak that affected flocks, The Wall Street Journal reports.

Leaders said the idea started when the city manager spoke with employees in different departments who were having trouble getting to work.

On Thursday, Governor Youngkin signed an Executive Directive to address those shortages. But some of the ideas set forth in the Directive did not offer serious investments that would move the needle on the issue, according to the President of the Virginia Education Association.

President Biden’s announcement of student debt forgiveness on Wednesday left some Americans wondering, “Who is it really helping?”

Some drivers can let out a sigh of relief in Pulaski County.

Leaders recently discussed salary studies, which compare jobs to other localities, but Amherst County Administrator Dean Rodgers said many positions were not included in the survey, so leaders could not tell if those employees are below market average.

This fall, some Virginians may be getting some extra money in their pockets, thanks to this one-time tax rebate.

The legislation is heading towards President Joe Biden’s desk, so what could this mean for your wallet?

On Monday, the Town of Blacksburg announced the Affordable Housing Development Fund to combat the growing deficit of all housing types, especially those available to low to moderate-income households.

Drivers said compared to higher gas prices earlier this summer, they’re finally able to save some money or use it elsewhere.

Later this week, thousands of college students will be moving in and making new homes in dorms on Virginia Tech’s campus. But in a time of high economic uncertainty and high inflation, it leaves parents and students to pick up the extra cost.

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.

Getting ready for the first day of school could be expensive this year with inflation hitting supplies, clothes, food, and more.

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

University of Lynchburg economics professor, Gerald Prante, said this most recent interest rate hike is expected to slow the economy down.

The Federal ReserveThe federal government is taking steps to heal the economy, as prices for everyday necessities continue to rise. raised interest prices for the third time this year on Wednesday.

Unemployment rates dropped in the month of June, Governor Youngkin said on Friday.

Overall operation costs are over 30% more from last year with prices of gas and crops on the rise.

When it’s sizzling outside, you might be quick to turn up the A/C, but that could mean a hefty bill coming your way.

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

Prices are going up for clothing, housing, and utilities too, but it could be an opportunity to reevaluate what’s important when it comes to purchases.

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

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.

The promotion was part of the store’s Customer Appreciation Day for July 6. They also offered other discounts in the store.

Sheetz announced Monday that they were lowering prices on gas for the 4th of July holiday weekend.

Tarsha Joyner said her sales are down 30 percent compared to this time last year – and she may have to close her doors by the end of the Summer.

The holiday would have saved drivers 26 cents per gallon at the pump.

A big reason why people are walking out the door at Franklin County schools is their low salaries.

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

Higher food costs and gas prices are putting pressure on local food truck businesses.

Relief at the pump is the goal for one of Gov. Glenn Youngkin’s 38 amendments to Virginia’s two-year state budget. He’s still pushing for a three month gas tax holiday.

The Federal Reserve is expected to make a decision Wednesday.

The Salvation Army of Lynchburg is usually there to support residents in need -- but now the organization is the one pleading for your support.

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."

President Joe Biden met with Federal Reserve Chairman Jerome Powell to discuss the state of the global economy and inflation on Tuesday afternoon.

A nonprofit in Radford is feeling the pressure between the bare grocery shelves and overpriced food costs to feed people in need.

The Department of Housing and Urban Development says the average price of a two-bedroom in Roanoke is $999, that’s up 15%.

While many restaurants have been forced to close due to the COVID-19 pandemic, staffing shortages and inflation, one Lynchburg business is expanding.

Traveling soon? Have a long commute and just want to be in the loop on gas prices? We've got you covered.

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.

After a two-year hiatus due to the pandemic, the Stamp Out Hunger food drive returns this Saturday.

Dr. Alice Kassens, Economics Professor at Roanoke College, says many factors are to blame for inflation and there is no clear end in sight, especially if you’re expected pre-pandemic prices.

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

Rosie’s is trying to help ease the pain you may feel at the gas pump with a new giveaway.

Record-high inflation is one of many things Democratic U.S. Senator Mark Warner is speaking about in communities across the Commonwealth this week.

New numbers released Tuesday show we haven't seen inflation this bad since the early 80's.

Krispy Kreme is trying to sweeten up how painful it is to fill your tank up at the gas station lately.

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

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.

Commonwealth legislators will decide in early April if they will eliminate the gas tax temporarily to help Virginians save money.

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?

Dr. Percita Ellis, a pediatrician with Rockbridge Area Health Center in Lexington, says 9.6 percent of Virginia households are already considered food insecure.

We have all seen rising prices because of inflation.

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.

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.