Category: Finance

The Federal Reserve’s rate decision on Wednesday is shaping up to be its most consequential of the year, with most…

The Senate on Monday confirmed economist and Trump adviser Stephen Miran to the Federal Reserve’s Board of Governors, giving President…

Technology company Oracle is among a consortium of firms that would enable TikTok to continue operations in the U.S. if…

The killing of Charlie Kirk is sparking debate about political violence in the U.S., as well as the kinds of…

The Federal Trade Commission has started an inquiry into several social media and artificial intelligence companies, including OpenAI and Meta,…

More than 100,000 Paris Hilton mini fridges have been recalled over fire and burn hazard, the U.S. Consumer Product Safety…

If you filed a claim in Facebook’s $725 million privacy settlement, you could get a payment within weeks, according to…

U.S. inflation ticked higher in August. Here’s what’s to know about the increase. – CBS News Watch CBS News The…

For much of 2025, the Trump administration’s wide-ranging tariffs defied forecasts that the import duties would drive up inflation. But that…

Consumer sentiment continued to slide in September, falling to its lowest point since May, as tariffs seep into product prices and Americans…

The Trump administration asked a federal appeals court Thursday to lift a ruling that blocked President Trump from firing Federal…

Detained workers to return to South Korea South Korean plane to retrieve workers detained at Hyundai plant in Georgia 02:56…

More than 300 South Korean nationals detained by federal agents in a massive immigration raid last week on a Hyundai…

Uber is taking its ride-sharing service to the skies. The San Francisco-based company said Wednesday that it will team with…

The U.S. labor market added 911,000 fewer jobs in the 12-month period that ended March 2025 than had earlier been…

Cracker Barrel logo change: What went wrong? What went wrong with Cracker Barrel’s logo change? 03:43 Cracker Barrel is shelving…

Job seekers’ confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York’s…

Howard Stern, the shock jock and self-anointed “king of all-media,” isn’t about to disappear from the airwaves.  The radio personality…

The Powerball jackpot swelled to nearly $1.8 billion before two lucky tickets hit the winning numbers on Saturday night, Sept. 6. Powerball says…

Wall Street took hits on the market after hiring slumped in August. The economy added 22,000 jobs, far below expectations,…

California town hopes for Powerball luck after devastating wildfires – CBS News Watch CBS News Saturday’s Powerball jackpot soared to…

Employers across the U.S. added 22,000 jobs in August, falling short of economists’ muted expectations and signaling the labor market…

Many economists say Friday’s disappointing jobs report is sending warning signals about the pace of hiring across the U.S. and the…

In a large-scale immigration enforcement sweep at a Hyundai facility in Georgia on Thursday, 475 immigrants suspected of living and…

The Powerball jackpot climbed to an estimated $1.7 billion after no one hit the top prize in Wednesday night’s drawing…

CBS News business analyst Jill Schlesinger answers your top financial questions, including on credit cards, your savings account and retirement…

Heading toward fall, Americans are continuing to rate the U.S. economy negatively, as most pick “uncertain” and “struggling” to describe…

Starbucks is joining the protein craze with a new line of lattes and cold foams, part of what the company…

A federal judge on Tuesday ordered a shake-up of Google’s search engine in a crackdown aimed at curbing the corrosive…

Vogue has named Chloe Malle to lead its U.S. editorial content, selecting the 39-year-old to succeed Anna Wintour, who has…

Swiss food giant Nestlé said Monday it dismissed its CEO, Laurent Freixe, due to an inappropriate relationship with a subordinate.…

Millions of Americans will be enjoying their down time on Labor Day as another summer season comes to a close. …

Artificial intelligence has already become a disruptor in the labor market, as job postings declined over the past year by…

Artificial intelligence programs like ChatGPT use AI to do thinking or writing or creating for you. Pretty amazing, but also…

The end of the de minimis tax loophole on Friday means that low-cost shipments to the U.S. are no longer exempt…

LAS VEGAS — The top tourism official in Las Vegas says the city hasn’t priced out regular travelers, even as…

A federal appeals court said Friday that many of the sweeping tariffs imposed by President Trump on dozens of countries…

Inflation still outpacing wages, study finds Americans’ paychecks still not keeping up with inflation, study finds 03:52 The Personal Consumption…

Microsoft on Thursday fired two additional employees after firing two others a day prior, following a break-in at the office…

Inflation still outpacing wages, study finds Americans’ paychecks still not keeping up with inflation, study finds 03:52 The U.S. economy…

Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a record 19.3%…

When Cracker Barrel unveiled its new logo last week as part of an ongoing brand refresh, it wouldn’t have expected…

Less than a week after unveiling a controversial new logo that prompted the company’s stock value to take a dive…

The National Highway Traffic Safety Administration is looking into reports of engine failure involving more than 1.4 million Honda and…

President Trump said Monday he has fired Lisa Cook from the Federal Reserve’s Board of Governors — a dramatic move…

Starbucks’ fall pumpkin spice latte, or PSL, returns on Tuesday, Aug. 26. The Seattle coffee chain officially unveiled its new…

The Air Jordan sneaker turns 40 this year. Luke Burbank traces the origins of the iconic shoe back to NBA…

Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of a new…

Tourism in Las Vegas is slumping this summer, costing the city billions. That could signal trouble ahead for the U.S.…

Multiple postal services around Europe announced Saturday that they are suspending the shipment of many packages to the United States…

President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with…

U.S. stock futures inched higher Friday as investors await news out of Jackson Hole, Wyoming, where Federal Reserve Chair Jerome…

Newly unsealed and edited video shows TikTok employees and consultants expressing concern that potentially addictive features of the app could…

The U.S. will impose a 15% tariff on imports of European cars, pharmaceuticals and other products, according to a joint…

President Trump called on Federal Reserve Governor Lisa Cook to resign on Wednesday after one of his administration’s officials alleged…

The Trump administration is proposing a new rule that would bar people with outstanding college loans from relief on that debt…

Walmart said it is recalling some frozen shrimp after the Food and Drug Administration warned that the seafood items, sold…

Fake Labubu dolls pose safety hazard to kids Fake Labubu dolls pose safety hazard to kids, Consumer Product Safety Commission…

NFL fans will soon be able to let their feet do the talking in cheering on their favorite team.  Shoe…

Air Canada began canceling flights Thursday ahead of a possible strike by its flight attendants that could impact hundreds of…

You know them as Flo, the Progressive Insurance saleswoman; Mayhem, the human embodiment of disasters covered by Allstate; and the…

Air Canada said it plans to resume flights on Sunday after the Canadian government intervened, forcing the airline and its…

Old shipping containers are plentiful in the U.S., and architect Brian Stark knows exactly what to do with them. He…

Air Canada suspended all operations as more than 10,000 of the airline’s flight attendants went on strike early Saturday after…

Taylor Swift‘s upcoming album release and her love of all things orange isn’t lost on her fans — or brands…

Millions of AT&T customers can now file claims in a $177 million legal settlement related to two data breaches, which…

To tip or not to tip: That is David Sedaris’ question To tip or not to tip: That is David…

Popular sunscreen products that come in mousse form, such as Supergoop!’s body mousse, may not protect wearers from the sun’s…

New York Attorney General Letitia James filed a lawsuit Wednesday against Early Warning Services, or EWS, alleging the parent company…

Louisville, Ky. — GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and…

Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plunged Tuesday after warning about its ability to stay…

The Consumer Price Index in July rose 2.7% on an annual basis, slightly cooler than economists had forecast. By the…

President Trump on Monday signed an executive order delaying a set of sky-high tariffs on Chinese goods for at least…

While many Americans are still baffled by cryptocurrency, enthusiasm for these digital assets is rising in Washington and on Wall…

Earlier this year, more than 35,000 bitcoin enthusiasts descended on Las Vegas for Bitcoin 2025 – the largest-ever gathering of…

As the country’s largest export, Japan’s auto industry is a source of national pride. But in recent months, it has…

Bed Bath & Beyond, which shut all its stores more than two years ago after filing for bankruptcy, is back.…

Bed Bath & Beyond is making a comeback under a slightly different name, more than two years after filing for…

The federal government told Harvard University on Friday it could take control of the school’s patents stemming from federally funded…

Thieves are targeting one type of car above all others, with this U.S. vehicle stolen far more frequently than any…

Why Trump is calling for Intel CEO to resign Why Trump is calling for Intel CEO’s immediate resignation 01:37 President…

Washington — President Trump officially began levying higher import taxes on dozens of countries Thursday, just as the economic fallout…

A Federal Reserve official on Wednesday called last week’s tepid jobs report “concerning,” and said its significant downward revisions could signal…

Claire’s filed for bankruptcy in Delaware on Wednesday, marking the second time the accessories chain geared toward adolescents has entered Chapter…

The housing market has been in a serious crunch since the COVID-19 pandemic, with limited inventory, elevated home prices and…

The U.S. job market, already showing the strain from global trade tensions, is showing early signs of another critical issue…

The Bureau of Labor Statistics last week issued a steep downward revision to May and June’s hiring numbers, prompting President Trump to…

Key takeaways from Trump tariff announcement Biggest takeaways from Trump’s tariff announcement 09:56 CBS News is tracking the rising cost…

Jamieson Greer, the U.S. trade representative, said in an interview that aired Sunday that tariff rates are “pretty much set”…

Warren Buffett’s company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown…

President Trump ordered his administration to fire the commissioner of labor statistics, Erika McEntarfer, after the July jobs report showed…

U.S. Trade Representative Jamieson Greer defended President Trump’s decision to fire a key official responsible for employment reports, telling CBS…

Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market…

President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just…

Millions of people with student loans who had signed up for a Biden-era repayment plan will start seeing interest accrue…

Washington — A federal appeals court is set to convene Thursday to consider President Trump’s use of an emergency powers…

President Trump announced Wednesday he has struck a trade deal with South Korea. Mr. Trump wrote on Truth Social that South Korean…

More high-income Americans around the U.S. are falling behind on their credit cards and auto loans, a sign that even…

Indeed and Glassdoor, the job search and employee review firms, are slashing a total of roughly 1,300 jobs as their…

The new trade agreement between the U.S. and the European Union will lift tariffs on imports of goods from EU…

A previously disclosed hack affecting Tea, a women-only dating advice app, was more extensive than previously thought, the company said…

Washington — The Trump administration is releasing billions of dollars in grants to schools for adult literacy, English language instruction…

President Trump announced Sunday that the United States and the European Union had reached a trade deal after high-stakes meetings…

President Trump on Friday said he’s considering issuing rebate checks for Americans based on the billions in new tariff revenue…

Parents rush to buy school supplies before tariff deadline – CBS News Watch CBS News The National Retail Federation says…

The new normal for U.S. tariffs on foreign goods starts at 15%. Even as President Trump seeks to forge new…

The most downloaded free app on Apple’s App Store currently isn’t ChatGPT, Threads or Google. It’s Tea, a dating advice…

An Argentine captured naked in his yard by a Google Street View camera has been awarded compensation by a court…

The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday…

The Trump administration and the European Union are racing to clinch a trade deal by the White House’s self-imposed Aug. 1…

Stacy Esser, realtor and founder of the Stacy Esser Group in Tenafly, New Jersey, says it’s still a seller’s market,…

Reporter’s Notebook: Examining the 4-day workweek – CBS News Watch CBS News A recent study from Boston College found that,…

Trump sends tariff threats to 14 countries Trump sends tariff threats to 14 countries 02:36 President Trump said Tuesday he…

The U.S. Department of Labor is aiming to rewrite or repeal more than 60 “obsolete” workplace regulations, ranging from minimum…

Southwest announces when passengers can book assigned seating Southwest announces when passengers can book assigned seating 02:35 Southwest Airline’s open…

Most of the 24 million people in Affordable Care Act health plans face a potential one-two punch next year —…

Trump signs GENIUS Act, first federal law regulating crypto – CBS News Watch CBS News President Trump held a signing…

Kayem Foods recalling more than 24,000 pounds of chicken sausage Kayem Foods recalling more than 24,000 pounds of chicken sausage…

Trump says Coke agrees to switch formula back to cane sugar, like in Mexico – CBS News Watch CBS News…

Washington — President Trump signed a landmark bill to regulate cryptocurrency on Friday, hailing the “exciting new frontier” for the…

The technology company Astronomer said Friday that its board of directors has started a formal investigation after its CEO, Andy…

Beverly Hills, Calif. — A whip wielded by Harrison Ford in “Indiana Jones and the Last Crusade” that once belonged…

The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping…

The Trump administration is imposing a 17% tariff on most fresh Mexican tomatoes, the federal government said Monday, ending a…

European markets mostly fell Monday as investors digested President Trump’s latest trade war salvos, which saw him threaten to hit…

While online dating apps makes searching for love more convenient, finding that special person is as difficult as ever. A…

Hartford Bakery, Inc. is voluntarily recalling hundreds of loaves of its “Lewis Bake Shop Artisan Style 1/2 Loaf” since the…

What to know as home prices show signs of cooling off – CBS News Watch CBS News For years, the…

Global backlash grows to Trump’s tariff threats Global backlash grows to Trump’s tariff threats 02:03 President Trump on Saturday announced…

A top Trump administration official accused Federal Reserve Chair Jerome Powell of leading an “ostentatious” office renovation project that may…

The millions of Americans with student loans, who have already experienced whiplash in federal policy since the pandemic, must again…

Atlanta, Georgia — Pillows filled and sealed for a good night’s sleep at the Atlanta warehouse of home bedding company…

Elon Musk on Wednesday unveiled Grok 4, a new version of his X platform’s AI chatbot. The update comes a…

President Trump said Wednesday he would impose a 50% tariff on goods from Brazil next month, one of the steepest…

Soaring U.S. beef prices are hitting consumers in the wallet and raising costs for restaurants. “Anybody should be able to…

The Transportation Security Administration’s shoe rule expired on Monday, relieving fliers of the requirement to remove their footwear while passing through…

Stocks sank Monday after President Trump announced a fresh salvo of tariffs on more than a dozen countries as he works…

President Trump on Monday said the U.S will impose 25% tariffs on goods from South Korea and Japan by Aug.…

The White House is set to put pressure on the U.S.’s trading partners this week to sign new tariff deals,…

Washington — White House National Economic Council director Kevin Hassett said Sunday that “rough outlines of the deals are becoming…

June jobs report was better than expected. Here’s what it means. – CBS News Watch CBS News The government released…

College grad unemployment surges as employers replace new hires with AI – CBS News Watch CBS News The unemployment rate…

President Trump’s promise to eliminate federal income tax on worker tips will become a reality Friday when he signs the massive…

As Congress was approving President Trump’s “big, beautiful bill” on Thursday, the Social Security Administration touted the legislation by stating that…

July 4th is here, with millions of Americans expected to gather at fireworks shows, barbecues and the beach for the…

The Environmental Protection Agency has placed 139 employees on leave after they signed a letter criticizing the Trump administration’s environmental…

Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic growth this…

Merit Street Media, the multiplatform network owned by former daytime talk show host Dr. Phil McGraw, has filed for bankruptcy…

Small businesses facing higher import costs because of steeper U.S. tariffs are having to find different ways of handling the…

The Senate bill containing President Trump’s domestic policy agenda at the last minute eliminated a new excise tax that would…

GE Appliances executive Lee Lagomarcino said U.S. trade policy was the driving factor in the company’s recent decision to accelerate…

Elon Musk ramped up his criticism of the massive tax and domestic policy package working its way through the Senate…

Toronto — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its…

It’s rare to sit down with a CEO and the CEO’s mother. The proud mom is Lili Khosrowshahi; her son,…

Chrysler is voluntarily recalling some of its 2022-2025 Pacifica and Voyager vehicles to replace their side curtain airbags, if needed.…

Famed investor Warren Buffett is donating $6 billion worth of his company’s stock to five foundations, bringing the total he…

The S&P 500 reached a new record high, with investors buoyed by signs of easing global trade tensions.  The broad-based…

Merriam, Kansas — Most will see just a furniture store when they visit My Home Contemporary Furniture in Merriam, Kansas,…

The U.S. and China have agreed on the framework for a trade deal, both nations say. President Trump said at…

Billionaire Amazon founder Jeff Bezos and former journalist Lauren Sánchez are getting married in Italy this weekend, and a star-studded…

The Republican budget package aims to make President Donald Trump’s tax cuts permanent while offering a host of new financial breaks. Yet…

Fortnite gamers who were charged for unwanted purchases while playing the online video game could receive a slice of the…

First-ever Starbucks Global Barista champion crowned First-ever Starbucks Global Barista champion crowned 00:49 Starbucks said Tuesday that the coffee chain…

Stocks look set to extend their gains Tuesday, with futures contracts climbing amid investor hopes that Israel and Iran would…

The Trump administration plans to rescind a nearly quarter-century-old rule that blocked logging on national forest lands, Agriculture Secretary Brooke…

The U.S. military strikes in Iran are raising questions about the impact on supplies of oil and gas, including whether…

The median home sale price in the U.S. just touched a record high, but new data shows that buyers are…

The Waldorf Astoria, a hotel that defined hospitality, is reborn – CBS News Watch CBS News For nearly a century,…

Meta is expanding its line of AI-powered eyewear through a new partnership with sportswear brand Oakley. The new smart glasses…

How to save on groceries as prices climb How to shop smarter and spend less as grocery prices climb 03:49…

After years of teasing a new line of self-driving vehicles, billionaire tech CEO Elon Musk is finally making good on…

President Trump suggested Friday he may try to fire Federal Reserve Chair Jerome Powell, calling the central bank leader a…

Some airlines have continued to suspend flights between the United States and the Middle East amid the conflict between Israel…

Pavel Durov, the founder and CEO of Telegram, a messaging app, has fathered more than 100 children, all of whom…

Juneteenth has arrived, with Americans now celebrating its fifth year as a federally recognized holiday. Given its relatively new status…

The U.S. Food and Drug Administration has approved the drug lenacapavir as a twice-yearly injection to prevent HIV. The drug,…

The Federal Reserve Bank is expected to hold its benchmark rate steady at its meeting on Wednesday, maintaining the same…

Washington — President Trump has once again delayed the enforcement of a bipartisan law that would effectively ban TikTok in…

There’s a whole list of factors that go into keeping a city running smoothly, not least of which is local…

At Home, the home decor and furniture retailer with more than 200 locations in the United States, is filing for…

Black box found after Air India plane crash Investigators search for answers after Air India plane crash; black box found…

Walmart heiress Christy Walton’s advertisement in The New York Times over the weekend has led some consumers to threaten a…

What to know about Army anniversary parade What to know about Trump’s Army anniversary parade and “No Kings” protests 04:54…

Ford CEO Jim Farley said that a rare earth minerals shortage is hurting production and caused the automaker to temporarily…

Stocks closed lower on Friday and oil prices climbed after a military strike by Israel on Iran stirred investor fears…

President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the…

Stock markets around the world slumped and oil prices surged after Israel on Thursday launched a military strike on Iran.…

Walmart heiress Christy Walton promoted a planned nationwide protest against President Trump by placing a full-page advertisement that ran in…

How Starbucks’s open-bathroom policy may be taking a toll on its business – CBS News Watch CBS News The chain…

Biggest U.S. milk producer goes bankrupt – CBS News Watch CBS News Dean Foods, America’s biggest milk producer, filed for…

Inside America’s child care crisis Inside America’s child care crisis as parents, providers sound alarm 02:20 Parents know that raising…

McDonald’s shares dropped Tuesday as weight-loss drugs threaten to take a big bite out of the fast food chain’s earnings. …

Missouri GOP Sen. Josh Hawley plans to introduce legislation Tuesday to raise the federal minimum wage to $15 per hour…

America’s oldest hardware store closes shop – CBS News Watch CBS News The oldest hardware store in America is closing.…

BowFlex is recalling millions of units of its adjustable dumbbells because their weight plates can dislodge and cause injury to…

White House National Economic Council director Kevin Hassett said Sunday the Trump administration is not targeting Medicare in its sweeping…

Toys caught in the crosshairs of Trump’s tariffs – CBS News Watch CBS News New evidence shows that President Trump’s…

Co-working: When the home office is away from home – CBS News Watch CBS News Freelancers, consultants and entrepreneurs no…

Cashing in your mutilated money – CBS News Watch CBS News Do you have bills damaged by fire, water or…

Basic universal income: Testing a weapon against economic insecurity – CBS News Watch CBS News Even if your job isn’t…