Category: Finance
USDA says it is trying to rehire bird flu experts the agency accidentally fired
The U.S. Department of Agriculture said it is trying to rehire bird flu experts that the agency accidentally fired as part of its efforts to […]
Senate confirms Howard Lutnick as commerce secretary
The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Trump’s hardline trade policies. At the […]
USPS Postmaster General Louis DeJoy signals exit after nearly 5 years
USPS resumes inbound mail from China, Hong Kong. Why it matters to many Americans USPS resumes inbound mail from China, Hong Kong. Why it matters […]
Elon Musk’s DOGE presence at the IRS raises concerns about taxpayer data security, refund delays
The presence of Elon Musk’s cost-cutting task force, the Department of Government Efficiency, at the IRS is sparking fresh concerns from Democratic lawmakers about the […]
Trump Media says it lost more than $400 million last year while revenue dropped 12%
Trump Media and Technology Group, the parent company of President Trump’s social networking site Truth Social, said it lost $400.9 million last year, while its […]
YouTube TV, Paramount reach deal to keep channels on streaming platform after contract dispute
YouTube TV has reached a deal with Paramount to keep channels like CBS, Comedy Central, Nickelodeon and MTV days after failed negotiations for a new […]
Federal layoffs start with huge number of probationary workers and warnings of bigger cuts on way
Federal layoffs start with probationary workers and warnings of bigger cuts Federal layoffs start with probationary workers and warnings of bigger cuts 03:24 Washington — […]
Amazon workers in North Carolina vote against union effort
Workers at an Amazon warehouse in North Carolina rejected a proposal to unionize, becoming the latest group of the company’s employees to side against union […]
Sen. Richard Blumenthal demanding answers about possible $400 million State Department purchase of Tesla Cybertrucks
Sen. Richard Blumenthal, the ranking member on the Senate Permanent Subcommittee on Investigations, sent a letter to Secretary of State Marco Rubio Thursday night demanding […]
Federal workers express shock, anger over mass layoffs: “You are not fit for continued employment”
Probational federal employees who lost their jobs on Thursday as part of the Trump administration’s mass firing of government workers expressed shock and anger at the terminations, […]
What are reciprocal tariffs and how will they impact your wallet?
What are reciprocal tariffs and how will they impact your wallet? – CBS News Watch CBS News CBS News MoneyWatch correspondent Kelly O’Grady joins “CBS […]
Trump threatens to deploy reciprocal tariffs in bid to “ensure fairness” with trading partners
President Trump on Thursday signed a memorandum directing his administration to weigh reciprocal tariffs, threatening to impose levies on U.S. imports from nations that put […]
More than 1 million Igloo coolers recalled after reports of injuries including fingertip amputations
More than 1 million Igloo rolling coolers sold nationwide by retailers including Amazon, Costco and Target are being recalled after a dozen reports of fingertip […]
Egg prices shot up 15% in January as retailers limit customer purchases
Egg prices continue to soar — if shoppers can even find them in grocery stores. In January alone, the cost of eggs around the U.S. jumped […]
Inflation rate picked up in January, CPI report shows. Here’s what it means for your money.
Bird flu and inflation could continue to drive up the cost of eggs, experts say Bird flu and inflation could continue to drive up the […]
Missouri prosecutors sue Starbucks over DEI practices, claiming they raise prices and slow service
Starbucks faces a new lawsuit filed by Missouri’s attorney general alleging the restaurant chain relies on “race-and-sex-based hiring practices” that violate federal and state laws. […]
Trump orders 25% tariffs on steel and aluminum. Here’s what experts say could become pricier.
President Trump is again turning to tariffs to advance his trade agenda, signing new orders to place 25% import duties on all steel and aluminum […]
Ye is selling T-shirts bearing a swastika after placing local TV ad during the Super Bowl
Ye, the artist formerly known as Kanye West, is selling T-shirts on his website bearing a swastika, the symbol of the Nazi Party adopted by […]
The best and worst Super Bowl commercials of 2025, according to experts
The Philadelphia Eagles secured the championship in Sunday’s Super Bowl 59, but there were also several winners — and plenty of losers — in the […]
Trump wants to close the carried interest tax loophole, a longtime target of Democrats
President Trump is proposing to eliminate a tax loophole that’s also a long-time target of some Democratic lawmakers. Mr. Trump is working on “no tax […]
How much do 2025 Super Bowl commercials cost? Here’s the price tag on ads this year.
On the eve of Super Bowl 59, the Philadelphia Eagles and Kansas City Chiefs aren’t the only ones dreaming of touchdowns. Brands and advertisers with millions riding on the […]
How much are Super Bowl 2025 tickets? See average, cheapest and most expensive prices for Sunday’s game
The 2025 Super Bowl kicks off Sunday, Feb. 9, in New Orleans when the Kansas City Chiefs will face the Philadelphia Eagles in an event […]
Trump administration directs states to stop spending on EV charging infrastructure
The Trump administration, in a letter Thursday, directed states to stop spending money for EV charging infrastructure — funds that had been allocated under former […]
Automakers say Trump tariffs on Canada and Mexico will cause U.S. car prices to rise
President Trump’s tariffs on U.S. imports from Canada and Mexico could lead to higher domestic vehicle prices and dent profit margins for automakers, according to […]
Millions of federal workers face deadline today over whether to resign. Here’s what to know.
More than 2 million federal employees face a looming deadline: By midnight Eastern time on Thursday, they must decide whether to accept a “deferred resignation” […]
Fast fashion from Shein, Temu could get more expensive and take longer to ship. Here’s why.
Ultra-cheap clothing from China could get more expensive under President Trump’s new tariffs, and help Amazon edge out competition from overseas. An additional 10% tariff […]
For Super Bowl, NFL scrapping “End Racism” end zone stencil in favor of “Choose Love”
New Orleans — The NFL is stenciling “Choose Love” in the back of one of the end zones at the Superdome for the Super Bowl […]
Proud Boys lose their trademark ownership to a Black church they vandalized, court rules
Proud Boys leader Enrique Tarrio released from prison after Trump pardon Proud Boys leader Enrique Tarrio released from prison after Trump pardon 02:10 The ownership […]
Elon Musk’s access to Treasury’s payment system is raising alarms. Here’s what to know.
With Elon Musk’s Department of Government Efficiency (DOGE) gaining control of the Treasury Department’s payment system, consumer advocates and Democratic lawmakers are raising alarms about […]
Senate confirms fossil fuel CEO Chris Wright as energy secretary
The Senate on Monday confirmed fossil fuel executive Chris Wright to serve as energy secretary, a key post to promote President Trump’s efforts to achieve […]
Costco, Teamsters reach tentative contract agreement and avoid a strike
Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman Matthew McQuaid […]
Blue Ridge Beef recalls natural dog food across 8 states over salmonella risk
Blue Ridge Beef recalled their natural mix for dog food across eight states, the FDA said Friday in an alert. The company is recalling 5,700 lbs. […]
What are tariffs? Here’s everything you need to know about the import duties.
President Trump, an avowed fan of tariffs, imposed a wave of new import duties Saturday on America’s three closest trading partners — Mexico, Canada and China. Although […]
Trump hits Canada, Mexico and China with steep new tariffs, stoking fears of a trade war
President Trump on Saturday signed an executive order that imposes 25% tariffs on imports from Canada and Mexico, while adding an additional 10% levy on […]
Book excerpt: “Source Code: My Beginnings” by Bill Gates
Knopf We may receive an affiliate commission from anything you buy from this article. In Bill Gates’ new autobiography, “Source Code: My Beginnings” (published February […]
Trump tariffs on Canada and Mexico could drive up the cost of these products
Americans could soon be paying more for everything from automobiles to avocados if the Trump administration proceeds with its plan to slap stiff new tariffs on the […]
“The Sopranos” made it famous. Now, The Star-Ledger is stopping print editions.
Two longstanding New York City area newspapers, including one immortalized in “The Sopranos,” are vanishing from newsstands, leaving Jersey City without printed news as media […]
Activists call for boycott of Target following rollback of DEI initiatives
Activists, community leaders call for boycott of Target over DEI rollback Activists, community leaders call for boycott of Target over DEI rollback 01:39 MINNEAPOLIS — Activists […]
Egg prices are likely to shoot up even more in 2025. Here’s what to know.
At Market Basket locations in some parts of Massachusetts, customers are being asked to limit their egg purchases to two cartons per family. Another shopper on […]
Tesla earnings miss Wall Street expectations despite record sales
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of […]
DeepSeek AI raises national security concerns, U.S. officials say
As Chinese AI application DeepSeek attracts hordes of American users, Trump administration officials, lawmakers and cybersecurity experts are expressing concern that the technology could pose […]
What does Trump’s federal funding freeze mean for people who get aid?
A White House memo ordering a broad freeze on federal grants and loans by 5 p.m. Tuesday has ordinary Americans who depend on such aid, […]
What has DEI — diversity, equity and inclusion — done for U.S. workers and employers?
President Trump’s executive order banning diversity, equity and inclusion programs across the U.S. government is renewing debate over what DEI is and whether it has […]
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
A Chinese artificial intelligence company called DeepSeek is grabbing America’s attention — and sending a shock wave through Wall Street — due to its new […]
Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity AI has presented a new proposal to TikTok‘s parent company that would allow the U.S. government to own up to 50% of a new […]
Naomi Girma is women’s soccer’s first million-dollar player after moving to Chelsea from San Diego
Women’s soccer has its first million-dollar player after United States defender Naomi Girma moved from San Diego Wave to Chelsea on Sunday. Chelsea announced the […]
Trump doesn’t only want to end DEI. He’s also voiding a Civil Rights-era anti-discrimination rule.
Among the flurry of executive orders since his Jan. 20 inauguration, President Donald Trump has taken aim at rooting out diversity, equity and inclusion, or DEI, […]
More than 63,000 Jeep Cherokees recalled over sudden loss of power and park function
Stellantis, the parent company of Chrysler, is recalling more than 63,000 Jeep Cherokees because of a defect that causes the vehicles to lose power and […]
TikTok-loaded phones are selling for thousands online after law prevents new downloads
Breaking down the TikTok ban and reaction Did TikTok legally have to shut down, or did its leadership choose to? 05:23 Some fast-acting entrepreneurs are […]
Target is ending its diversity goals, joining other major companies scaling back DEI programs
What is DEI and why is it facing pushback? What is DEI and why is it facing pushback? 02:42 Discount store chain Target said Friday […]
Why Trump’s tariff threat could raise car prices significantly
Whippany, New Jersey — Tom Maoli, the owner of a new and used car dealership in New Jersey, says drivers could see a big jump […]
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates climbed, major banks charged borrowers more for mortgages and auto loans, yet never increased payouts to savers, despite telling lawmakers they would […]
Billionaire Howard Lutnick to divest corporate holdings to assume commerce secretary post, documents show
Howard Lutnick, the billionaire financial executive named by President Trump to head the Commerce Department, has agreed to divest his holdings in a range of […]
Elon Musk’s DOGE has a new target for cutting federal spending: the U.S. penny
Billionaire Elon Musk’s Department of Government Efficiency has a new target in its sights for trimming federal spending: the U.S. penny. In Tuesday X post, […]
Netflix says it’s boosting subscription prices in the U.S. Here’s what you’ll pay.
Chatting about the new tactic to keep you from canceling your streaming subscriptions Chatting about the new tactic to keep you from canceling your streaming […]
Trump to announce up to $500 billion in private sector AI infrastructure investment
Breaking down Trump’s first day back in office Breaking down Trump’s first day back in office and what it signals for his second term 04:08 […]
Trump orders Justice Department to not enforce TikTok ban
What’s next for Trump on TikTok ban? What’s next for Trump on TikTok ban? 03:08 Washington — President Trump signed an executive order on Monday […]
Trump to sign orders ending diversity programs
President Donald Trump is set to sign an executive order to end diversity, equity and inclusion programs within the federal government. “We will forge a […]
Supreme Court upholds TikTok ban, clears way for app to shut down in U.S. as soon as Sunday
Washington — The Supreme Court on Friday upheld a new law that would lead to a ban of the social media platform TikTok, clearing the way […]
The Supreme Court upheld a law that would ban TikTok in the U.S. Here’s why.
Washington — The Supreme Court on Friday rejected a challenge to a new law requiring TikTok to either sever ties with its China-based parent company […]
If TikTok goes dark, some say they’ll lose livelihoods: “We’d have to completely rebuild”
SCOTUS upholds TikTok ban unless parent company sells it SCOTUS upholds TikTok ban unless parent company sells it 02:26 Small businesses and content creators are […]
Trendy “low-buy” challenges can be good for your wallet and mental health
Want to reduce spending without quitting consumption cold turkey? A “low-buy” year is trending for this very reason — and it can have a positive […]
Why is TikTok getting banned? What’s behind the law that could shutter the app
Washington — The 170 million TikTok users in the U.S. could be in for a rude awakening come Sunday if they suddenly find the enormously […]
Child labor in slaughterhouses spotlighted by 3 settlements this week
The problem of kids working in dangerous slaughterhouses continues to be a concern as the Labor Department announced its third agreement this week with a […]
Capital One customers report direct deposits not showing up in their bank accounts
Capital One is working to resolve a technical issue that had thousands of customers reporting problems with direct deposits on Thursday. More than 2,000 people […]
Tips for paying off debt
Tips for paying off debt – CBS News Watch CBS News With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst […]
As climate risks mount, homeowners far beyond California face soaring insurance bills
As disasters linked to climate change become more frequent in the U.S., homeowners across the country are paying the price through skyrocketing insurance costs — […]
CPI edged higher in December, complicating the Fed’s upcoming decision on rate cuts
How will a Trump second term impact the economy? How will a Trump second term impact the economy? 02:47 Inflation rose 2.9% on an annual […]
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The Securities and Exchange Commission on Tuesday filed a lawsuit against Elon Musk, alleging the X owner misled shareholders about his Twitter stock purchases in […]
What would happen to TikTok on my phone if the app is banned?
TikTok faces a possible ban in the U.S. later this month if a law that could require the social media app’s Chinese owner, ByteDance, to part ways […]
Starbucks reverses its open-door policy, requiring people to make a purchase if they want to stay
Starbucks is reversing its open-door policy after almost seven years, now requiring that people make a purchase if they want to hang out at its […]
Biden administration proposes new restrictions on AI chip exports
AI featured across the board at 2025 Consumer Electronics Show AI featured across the board at 2025 Consumer Electronics Show 05:11 The Biden administration is […]
New York City’s congestion pricing picks up speed
New York City’s congestion pricing picks up speed – CBS News Watch CBS News The first congestion pricing plan in the United States has begun […]
New York City’s congestion pricing picks up speed
By some measures, New York City’s traffic is more congested than it’s ever been. Enter: Congestion pricing. Since last Sunday, during most hours, cars crossing […]
Meta ends diversity programs, joining McDonald’s, Walmart and other major companies to back off DEI
A look at DEI’s impact on businesses and education A look at DEI’s impact on businesses and education 06:51 Meta is ending its key diversity, […]
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
Death toll rises as California wildfires continue to spread Death toll rises as California wildfires continue to spread 04:11 Pacific Palisades, the Los Angeles neighborhood […]
How businesses are helping residents and first responders affected by Los Angeles wildfires
Local businesses as well as national chains in the Los Angeles area are stepping up to help people affected by the devastating wildfires ravaging the […]
The TikTok ban heads to the Supreme Court today. Here’s what to know about the case.
Follow along with live updates from the TikTok Supreme Court arguments here. Washington — The Supreme Court is set to hear arguments Friday morning on […]
Among those fighting the Los Angeles wildfires: Prison inmates
Still-growing Palisades Fire destroys thousands of structures Still-growing Palisades Fire destroys thousands of structures 05:20 The army of firefighters battling the massive Southern California wildfires includes […]
Billy Long, Trump’s pick to lead IRS, pushed a tax credit that raises red flags, Sen. Warren says
Billy Long, President-elect Donald Trump’s pick to run the IRS, is facing questions about his qualifications to lead the tax agency from Sen. Elizabeth Warren, […]
Dockworkers and port operators strike labor deal, again dodging strike
East and Gulf Coast port operators late Wednesday struck an agreement with a dockworkers union, resolving a labor dispute that had threatened to halt shipments for a […]
Jimmy Carter’s funeral will cause some closings and service changes. Here’s what to expect.
President Biden has pronounced Thursday, Jan. 9, to be a national day of mourning for Jimmy Carter, a day that coincides with the 39th president’s […]
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according […]
Meta to end fact-checking, replacing it with community-driven system akin to Elon Musk’s X
Meta CEO Mark Zuckerberg on Tuesday said the social media company is ending its fact-check program and replacing it with a community-driven system similar to […]
Winter storm causes massive flight and Amtrak train disruptions, snarling U.S. travel
A winter storm that is spreading across much of the U.S. is snarling travel, with thousands of flights either canceled or delayed on Monday morning. […]
U.S. Steel and Nippon Steel sue Biden administration for blocking their $15 billion deal
U.S. Steel-Nippon Steel deal blocked Why Biden blocked the U.S. Steel deal with Japan’s Nippon Steel 04:16 U.S. Steel and Nippon Steel filed lawsuits on Monday […]
Social Security Fairness Act signed into law by Biden, enhancing retirement benefits for millions
President Biden on Sunday signed legislation expanding Social Security benefits for millions of retired Americans, including firefighters, police officers and teachers. “Americans who have worked […]
Major airlines offer storm waivers to passengers ahead of winter storm
As Winter Storm Blair threatens to disrupt travel for passengers traveling to or from dozens of U.S. airports this weekend, Airlines are taking steps to […]
U.S. Steel faces murky future after Biden blocks proposed takeover by Nippon Steel
The Biden administration’s move on Friday to block Nippon Steel’s proposed purchase of U.S. Steel raises questions about the once iconic American company’s future, with industry sources […]
The house made famous by “Breaking Bad” TV show up for sale in New Mexico
“Breaking Bad” stars meet fans in Boston “Breaking Bad” stars meet fans in Boston 00:52 The house made famous by the “Breaking Bad” TV series […]
Social Security Fairness Act set to get Biden’s signature
President Biden on Monday is expected to sign into law legislation extending full Social Security benefits to nearly 3 million U.S. retirees, according to advocates […]
Biden rejects U.S. Steel-Nippon Steel deal
President Biden announced Friday that he is blocking the $15 billion proposal by Japan’s Nippon Steel to buy U.S. Steel after a government panel recently […]
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel’s $14.9 billion acquisition of U.S. Steel, […]
These 9 states are cutting income taxes on Jan. 1. Here’s where taxpayers will get a break.
Financial expert shares last-minute tax tips for 2024 Financial expert shares last-minute tax tips for 2024 04:49 Some Americans could get a break on their […]
Tesla Cybertruck explosion outside Trump Hotel in Las Vegas investigated as possible act of terrorism
A Tesla Cybertruck that exploded outside the Trump Towers in Las Vegas early Wednesday, killing one person in the vehicle, is being investigated as a […]
What’s open on New Year’s Day 2025? Here are open stores, restaurants and fast-food chains.
What to know about 2024’s post-holiday sales What to know about this year’s post-holiday sales as retailers brace for returns 04:14 The new year, 2025, […]
What to know about Luma Energy, the company involved in Puerto Rico’s massive blackout
A massive power outage blanketed most of Puerto Rico early Tuesday, leaving more than 1.2 million people without electricity. Here’s what to know about the blackout and […]
Is anything open on New Year’s Eve 2024? Here are open stores, restaurants and fast-food chains.
New Year’s Eve ball in Times Square Final year for the current New Year’s Eve ball in Times Square 01:40 It’s mostly business as usual, […]
Chinese hackers access U.S. Treasury Department workstations, obtaining unclassified documents
Chinese hackers remotely accessed several U.S. Treasury Department workstations and unclassified documents after compromising a third-party software service provider, the agency said Monday. The department […]
More than 9 million workers are getting a raise on January 1. Here’s where.
Michigan lawmakers introduce bills to slow down minimum wage increases Michigan lawmakers introduce bills to slow down minimum wage increases 01:48 Millions of low-wage earners […]
Book excerpt: “The Hidden Globe: How Wealth Hacks the World” by Atossa Araxia Abrahamian
Riverhead We may receive an affiliate commission from anything you buy from this article. You may think you have a pretty good idea of the […]
The holiday gift return rush has started. Here’s what to know before you send back unwanted presents.
Now that the holiday gifts have been unwrapped, it’s time for the rush to make returns. As Latonya Rascoe was getting the last wave of […]
Big Lots reaches deal to keep hundreds of U.S. stores open
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution […]
Homelessness surged 18% to a new record in 2024 amid a lack of affordable housing across the U.S.
Homelessness in the U.S. jumped 18.1% this year, hitting a record level, with the dramatic rise driven mostly by a lack of affordable housing as […]
Musk and Ramaswamy are sparking a debate over the H-1B visa. Here’s what to know about the visa.
Billionaires Elon Musk and Vivek Ramaswamy may be advising President-elect Donald Trump on cutting federal spending but they also have some advice for him about the […]
Richard Parsons, prominent executive who held top posts at Time Warner and Citigroup, dies at age 76
Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday, the financial services company […]
OpenAI’s ChatGPT is hit with outages. Here’s what to know.
Free ChatGPT search engine tool from OpenAI OpenAI launches free ChatGPT search engine tool 03:49 ChatGPT stopped functioning for many users on Thursday afternoon, with […]
Toy prices could jump if Trump adds new tariffs in 2025, threatening some toy retailers
President-elect Donald Trump is pledging to slap new tariffs on imports after he’s inaugurated next month — a vow that’s prompting the toy industry to […]
Pet food brand issues recall over bird flu contamination
Northwest Naturals issued a voluntary recall for a batch of pet food after a cat died of bird flu in Oregon, officials said. Testing done […]
Is anything open on Christmas Day 2024? Here are open stores, restaurants and fast-food chains.
What to know about holiday travel What to know about holiday travel before Christmas Day 01:21 Those in search of last-minute gifts or who find […]
Starbucks strike shuts down hundreds of locations amid holiday shopping
A walkout by baristas at Starbucks expanded on Tuesday, as more workers joined at five-day labor action against the coffee giant in a protest that […]
What’s open on Christmas Eve 2024? Stores, fast-food places and more major chains you can visit today.
Holiday shoppers feeling inflation pinch Consumers feeling inflation pinch this holiday shopping season 02:23 From grocery chains to stores and restaurants, most businesses, are open […]
Walmart illegally opened costly deposit accounts for one million delivery drivers, lawsuit claims
More than one million delivery drivers collectively paid more than $10 million in fees after Walmart and Branch Messenger illegally opened costly deposit accounts in […]
Honda and Nissan announce plans to merge
Tokyo — Japanese automakers Honda and Nissan have announced plans to join forces, forming world’s third-largest automaker by sales as the industry undergoes dramatic changes […]
AAA predicts holiday travel record as more than 119 million expected to hit roads, skies
Drivers and airline passengers without reindeer and sleighs better make a dash for it because it’s beginning to look like another record for holiday travel […]
Party City files for bankruptcy, a day after announcing mass layoffs at its headquarters
Popular retail chain Party City filed for bankruptcy protection Saturday, a day after it disclosed to employees that it would be implementing mass layoffs at […]
Starbucks workers begin strikes in 3 cities during crucial holiday shopping season
Workers at Starbucks stores began a five-day strike Friday to protest lack of progress in contract negotiations with the company. The strikes by baristas and […]
Senate approves bill to expand Social Security to millions of Americans
Legislation to expand Social Security benefits to millions of Americans passed the U.S. Senate early Saturday and is now headed to the desk of President […]
IRS sending payments of up to $1,400 to 1 million people. Here’s who qualifies.
Americans face tax increases in 2026 Many Americans face tax increases in 2026 if tax cuts are not passed 05:14 The IRS said Friday it is sending […]
Looking for a home in 2025? Check out these 10 housing hotspots.
Although 2024 is winding down, the U.S. housing crisis lives on. But even as steep home prices and elevated mortgage rates sideline many would-be homebuyers, some […]
A government shutdown could occur on Dec. 21. Here’s what services and payments could be impacted.
With a federal spending bill now scrapped, the U.S. faces a possible government shutdown that could begin at 12:01 a.m. on Saturday, Dec. 21, when current […]
Teamsters going on strike against Amazon at several locations nationwide
The International Brotherhood of Teamsters says workers at seven Amazon facilities will begin a strike Thursday morning in an effort by the union to pressure […]
U.S. mulls ban on Chinese-made TP-Link routers over security concerns
The U.S. is considering banning the sale of TP-Link internet routers, which are made in China, over concerns the home devices pose a security risk, […]
Social Security Fairness Act could restore benefits for millions, but policies still cause hardship
At 84 years old, Evelyn Paternostro spends her days working part time as a cashier at Dollar Tree. For decades, she dedicated her life to […]
How TikTok could avoid being banned in the U.S.
Washington — TikTok’s fate in the U.S. appears to be hanging by a thread after a federal appeals court denied its plea to delay a […]
Japanese firm SoftBank plans to invest $100 billion in U.S., Trump announces
Japanese tech conglomerate SoftBank plans to invest $100 billion in the U.S. and create 100,000 jobs in artificial intelligence and technology, President-elect Donald Trump announced […]
Federal Reserve is expected to make 3rd consecutive rate cut this week. Here’s what to know.
The Federal Reserve on Wednesday will make its final interest rate decision of 2024, capping a year during which the central bank provided some financial […]
McDonald’s tipster in CEO’s shooting is eligible for up to $60,000 reward, but getting it takes time
More than 400 tips were called into the New York Police Department’s Crime Stoppers tip line during the five-day search for a masked gunman who […]
McKinsey agrees to $650 million settlement with feds over opioids work
McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according […]
Macy’s adds to list of store closures, says it will close 65 this year
Macy’s said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the […]
Social Security Fairness Act to get a vote in the Senate, Chuck Schumer says
A House-passed bill that would expand Social Security benefits to millions of Americans just got a lifeline in the Senate. Senate Majority Chuck Schumer said […]
Meta, Amazon and tech CEOs make $1 million investments in Trump’s inauguration
Washington — Tech leaders and companies are shelling out big bucks to President-elect Donald Trump’s inaugural fund, as they prepare for the next four years […]
Trump wants to extend his 2017 tax cuts — and more. Here’s what that could mean for you.
‘Tis the season for charitable giving. Here’s the tax benefit you could reap. ‘Tis the season for charitable giving. Here’s the tax benefit you could […]
For those in their 40s, navigating finances should mean putting an emphasis on retirement
For 48-year-old Rowan Childs of Wisconsin, a recent divorce turned her financial life upside down. “Initially, I was really nervous and had a lot of […]
Stanley recalls 2.6 million mugs after dozens of customer complaints, including burn injuries
Stanley is recalling 2.6 million mugs sold in the U.S. after the company received dozens of consumer complaints, including some users who reported getting burned […]
UnitedHealthcare CEO shooting spawns range of online merchandise
Suspect charged with murder in CEO shooting 26-year-old Luigi Mangione arrested, charged with murder in shooting of UnitedHealthcare CEO 03:16 Shirts, mugs and stickers bearing […]
Is Facebook down? Users report problems accessing Meta platforms, including Instagram, Threads.
Meta facing courtroom battle Facebook’s parent company, Meta, facing courtroom battle 02:10 Users are reporting problems accessing many of Meta’s social media apps, including Facebook, […]
Judge rejects bankruptcy sale of Alex Jones’ Infowars to The Onion
A federal judge on Tuesday night rejected the sale of the conspiracy platform Infowars to The Onion satirical news outlet after Alex Jones claimed that […]
Altoona McDonald’s visited by Luigi Mangione is flooded with negative reviews after his arrest
Person of interest flagged in CEO killing Person in McDonald’s tipped police about person of interest in CEO killing, sources say 15:29 The Altoona, Pennsylvania, […]
Most high schoolers want to learn about financial topics, but only 10 states require it
Norris Williford, a 22-year-old college senior, doesn’t just work at the MBM Kicks shoe store in downtown Richmond, Virginia — he owns it. And it […]
Who was Brian Thompson, the UnitedHealthcare CEO shot dead in Manhattan?
Brian Thompson, the CEO of UnitedHealthcare, was shot to death Wednesday outside the New York Hilton Midtown in Manhattan, where the company was hosting an […]
Trump’s tariffs: A tax on American consumers
Trump’s tariffs: A tax on American consumers – CBS News Watch CBS News President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods […]
Who would pay for Trump’s promised tariffs? You will!
Incoming President Donald Trump has made his feelings about tariffs very clear: “The word ‘tariff’ is the most beautiful word in the dictionary,” he has […]
The Social Security Fairness Act has bipartisan support, but time is running out for Senate vote
The House-passed Social Security Fairness Act enjoys rare bipartisan support on Capitol Hill, yet the odds of it getting enacted are growing smaller with each […]
UnitedHealthcare CEO death reveals wider outrage over health care system, insurance
The fatal shooting of UnitedHealthcare CEO Brian Thompson is surfacing the public’s deep frustration with the health insurance industry. On “CBS Mornings” Friday, Dr. Céline […]
Appeals court upholds TikTok ban, declining to block law that would force sale
Washington — A federal appeals court upheld a law that will ban TikTok in the U.S. in the coming months if its Chinese parent company […]
Anthem Blue Cross says it’s reversing a policy to limit anesthesia coverage
Anthem Blue Cross Blue Shield backs off plans to limit coverage of anesthesia Anthem Blue Cross Blue Shield backs off plans to limit coverage of […]
What to know about Billy Long, the ex-congressman and auctioneer Trump wants to head the IRS
IRS announce new 2025 tax brackets. Here’s what changed IRS announce new 2025 tax brackets. Here’s what changed 00:56 President-elect Donald Trump on Wednesday said […]
Bitcoin tops $100,000 for the first time. Here’s what’s driving gains.
After a two-week flirtation with the six-figure mark, bitcoin has surged past $100,000 for the first time on the thinking that the incoming administration will […]
Bitcoin price reaches $100,000-mark for first time ever
Why Bitcoin surged after Trump’s 2024 win Why Bitcoin stock surged after Trump’s 2024 election win 04:13 Bitcoin has topped the $100,000 mark as a […]
Trump taps billionaire private astronaut Jared Isaacman as next NASA administrator
President-elect Donald Trump on Wednesday announced he intends to nominate Jared Isaacman, the online payments billionaire and the first private astronaut to ever perform a spacewalk, […]
Donald Trump Jr. joins e-commerce company PublicSquare as its shares soar 270%
PSQ Holdings, an online commerce and payments company that describes itself as “valuing life, family and liberty,” saw its shares soar more than 270% on […]
Frontier to introduce first-class seating. Here’s what the new section will look like.
Budget airline Frontier on Tuesday unveiled plans for new seating for its customers who want a first-class style experience. The new tier, set to roll out in […]
Amazon trucking contractors have higher rates of safety violations, CBS News investigation finds
The death of a 19-year-old college student on a Texas highway is raising questions about the fleet of drivers Amazon uses to move packages between […]
Vodka maker Stoli Group files for bankruptcy protection in U.S.
The owner of Stoli brand vodka and Kentucky Owl bourbon has filed for Chapter 11 bankruptcy protection. Stoli Group’s U.S. unit, which owns a dozen […]
Stellantis CEO Carlos Tavares resigns amid slumping sales, alleged boardroom disagreements
UAW Local leaders call out Stellantis over layoffs in Michigan and other states UAW Local leaders call out Stellantis over layoffs in Michigan and other […]
Retailers tell consumers that Trump tariffs are a reason to shop now
Some retailers are using President-elect Donald Trump’s proposed tariffs to urge consumers to shop now, suggesting if the import duties go into effect next year, […]
This is how retailers get you to spend more money
As shoppers gear up for Black Friday and the holiday shopping season, it can be easy for people to rack up debt that will weigh […]
Southwest Airlines says it is ending cabin service earlier to reduce chance of injury
A day in the life of a plane What a day in the life of a plane looks like 03:39 Southwest Airlines says it is […]
S&P 500 and Dow post Black Friday gains, closing out Wall Street’s best month of 2024
Stocks posted solid gains as Wall Street put the finishing touches on its best monthly performance of the year. The S&P 500 rose 0.6% while […]
Taylor Swift’s Eras Tour book hits Target stores today. Here’s what to know.
Early lines at Target as Taylor Swift book hits shelves Black Friday Early lines at Target as Taylor Swift book hits shelves Black Friday 03:15 […]
Canada’s antitrust watchdog files lawsuit against Google over its ad business
Canada’s antitrust watchdog said Thursday it is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to […]
What’s open on Thanksgiving 2024? Key store, fast-food and restaurant chains with open doors today
AAA projects more cars will be on the road this Thanksgiving weekend AAA projects more cars will be on the road this Thanksgiving weekend 03:25 […]
Trump tariffs on Canada imports could lead to sharply higher gas prices, experts warn
Americans may be shelling out more for gasoline if the incoming Trump administration follows through on threats to impose tariffs on imports from Canada and […]
Trump tariffs could make these items more expensive
Prices could rise on a variety of goods shipped to the U.S. from overseas under tariffs that President-elect Donald Trump has threatened to impose as soon […]
Here’s why Trump thinks tariffs are good for the U.S. — and what the experts say
President-elect Donald Trump, an avowed fan of tariffs, is pledging to enact stiff import duties as soon as he’s inaugurated in January. For Trump, these […]
Drugs like Wegovy, Ozempic would be covered by Medicare, Medicaid under Biden proposal
Washington — Millions of Americans with obesity would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare and Medicaid under […]
Starbucks impacted by ransomware attack on software vendor
Starbucks said Monday that a ransomware attack on a third-party software provider is hindering its ability to track baristas’ hours and manage their pay. The […]
Amazon workers in more than 20 countries plan Black Friday strikes and protests
What to know about Black Friday and Cyber Monday deals and sales What to know about Black Friday and Cyber Monday deals and sales 03:33 […]
McDonald’s will serve up a McValue offering in 2025. Here’s what it includes.
McDonald’s is planning to offer consumers savings in the form of “McValue” deals in 2025, the fast-food giant announced Friday. It’s part of an effort […]
Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue
Car and Driver’s top EV of 2024 Hyundai Ioniq 5 N is top EV of 2024, according to Car and Driver 03:35 Hyundai and Kia […]
Walmart must pay $35 million to a truck driver it falsely accused of fraud, jury says
Walmart must pay almost $35 million to one of its former truck drivers after a California jury found the retailer had falsely accused him of […]
Trump selects Scott Bessent for Treasury secretary
President-elect Donald Trump is selecting hedge fund CEO Scott Bessent to be Treasury secretary, he announced Friday. In a statement, Trump said he was “most […]
Who is Scott Bessent? What you need to know about Trump’s Treasury secretary pick.
President-elect Donald Trump on Friday announced hedge fund billionaire Scott Bessent as his pick for U.S. Treasury secretary, choosing a former executive with Soros Fund […]
Whole Foods organic carrots and celery recalled amid deadly E. coli outbreak
Organic carrots recall amid E. coli outbreak Organic carrots recalled after E. coli outbreak leads to 1 death 01:09 Organic carrots and celery sold at […]
Justice Department calls for breakup of Google and sale of Chrome
U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after […]
Fed up with American politics? You can buy a house in Italy for $1.
A village in Sardinia, Italy, called Ollolai, is dangling an offer it says is for politics-weary Americans in search of a reprieve: houses for next […]
Deepfakes of Elon Musk are contributing to billions of dollars in fraud losses in the U.S.
Deepfakes of Elon Musk contribute to billions in fraud losses in the U.S. Deepfakes of Elon Musk contribute to billions in fraud losses in the […]
Personal bankruptcies are on the rise. When does it make sense to file?
No one wants to file for bankruptcy, but if you’re heading in that direction, delaying the inevitable may only make things worse. Bankruptcies are still […]
Trump will nominate transition adviser and billionaire Howard Lutnick for commerce secretary
President-elect Donald Trump says he’ll nominate Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald, to be commerce secretary, a position in which he’d […]
Arthur Frommer, famed travel guide innovator, has died at 95
New York — Arthur Frommer, whose “Europe on 5 Dollars a Day” guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, […]
What does Spirit Airlines’ bankruptcy mean for you?
Spirit Airlines, the airline of choice for many budget travelers, filed for bankruptcy protection Monday, raising questions about the viability of no-frills airlines in the […]
Netflix says 60 million households watched Tyson-Paul match
Mike Tyson to take on Jake Paul Mike Tyson returns to boxing ring to take on Jake Paul 03:57 More than 60 million households around […]
Organic carrots recalled after E. coli outbreak. These are the brands and grocery stores impacted.
A massive recall of organic carrots and baby carrots sold at grocery stores across the country was issued by a California grower after a possible […]
After two “Forever” postage stamp hikes, the USPS lost nearly $10 billion in 2024
The U.S. Postal Service on Thursday said its annual loss widened to almost $10 billion, although revenue rose slightly after two postage rate hikes this year, […]
The Social Security Fairness Act is now in the hands of the Senate. Here’s what could happen next.
Efforts to get the Senate to vote on a bill to expand Social Security benefits are intensifying, as the House-passed Social Security Fairness Act enjoys […]
How much were Mike Tyson and Jake Paul paid for their fight, and what prize money will the winner earn?
Mike Tyson returns to ring at 58, faces Jake Paul in highly anticipated match at AT&T Stadium Mike Tyson returns to ring at 58, faces […]
Trump’s win could sharply raise the cost of electric vehicles. Here’s why.
With President-elect Donald Trump vowing to pull the plug on the $7,500 tax credit for buyers of electric vehicles, one EV maker and its billionaire […]
Pay first, deliver later: Some women are being asked to prepay for their baby
In April, just 12 weeks into her pregnancy, Kathleen Clark was standing at the receptionist window of her OB-GYN’s office when she was asked to […]
What to know about Trump’s Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy
Donald Trump is vowing to reduce wasteful federal spending by tapping two billionaires — Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy — to spearhead […]
The Onion buys Alex Jones’ Infowars at bankruptcy auction. Here are the details.
Satirical publication The Onion said it has bought Alex Jones’ Infowars at a bankruptcy auction for an undisclosed price, with the backing of the Connecticut […]
McDonald’s deadly E. coli outbreak has now sickened more than 100 people
More people have gotten sick in the E. coli outbreak linked to Quarter Pounders More people have gotten sick in the E. coli outbreak linked […]
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs […]
Kraft Heinz removes Lunchables from school meals program
New report raises health concerns about Lunchables New report raises health concerns about Lunchables 01:35 Kraft Heinz is pulling Lunchables — prepackaged boxes of deli […]
House pushes bill to expand Social Security benefits. Here’s what to know.
Social Security sets its 2025 cost-of-living increase at 2.5% Social Security sets its 2025 cost-of-living increase at 2.5% 03:18 The House is expected to try […]
With ACA subsidies set to expire in 2025, millions of Americans stand to lose health insurance
With Republicans edging closer to gaining control of Congress, millions of Americans may be at risk of losing enhanced subsidies that currently underwrite the cost […]
Brand new Disney Cruise Line ship, the Disney Treasure, rescues 4 from stranded catamaran off Bermuda
A Disney Cruise Line ship, the Disney Treasure, rescued four people from a catamaran that was taking on water some 265 miles off Bermuda Sunday, […]
Trump victory boosts book sales from “The Handmaid’s Tale” and “1984” to “Hillbilly Elegy”
11/7: CBS Morning News 20:45 “The Handmaid’s Tale” is selling again. Since President-elect Donald Trump clinched his return to the White House, Margaret Atwood’s dystopian […]
Fed Chair Jerome Powell says he won’t resign if Donald Trump asks him to step down
Federal Reserve Chair Jerome Powell said he won’t step down if President-elect Donald Trump, who has previously criticized Powell’s performance, asks him to resign. Speaking […]
Cheese sold at Aldi, Market Basket and more recalled due to listeria worries
Soft ripened cheeses sold by retailers including Aldi and Market Basket and are being recalled because they may be tainted with listeria, a bacteria that can […]
