Category: Finance

Washington — The Supreme Court on Tuesday said it will decide whether President Trump can impose his most sweeping tariffs,…

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

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

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

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

The Powerball jackpot climbed to nearly $1.8 billion for Saturday night’s drawing and two winning tickets were sold in Texas and…

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…

Musk says Grok is coming to Tesla vehicles Elon Musk says AI Grok is coming to Tesla vehicles, days after…

The Department of Transportation is dropping a proposed rule that would have required airlines to offer cash to passengers whose…

When President Trump last month fired the head of the federal bureau that produces the government’s monthly jobs report after…

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

Disney will pay $10 million to settle allegations by the Federal Trade Commission that the entertainment company facilitated the “unlawful…

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

Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of…

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

Budget carrier Spirit Airlines said Friday that it has filed for bankruptcy protection only months after emerging from a Chapter…

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

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

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

Washington — The Trump administration’s 10% stake in Intel, announced not long after President Trump had called on the chip…

Labor Day is traditionally a cue for car dealers to roll out promotions as new model year vehicles arrive on…

Artificial intelligence is replacing entry-level workers whose jobs can be performed by generative AI tools like ChatGPT, a rigorous new…

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

President Trump’s move to fire Federal Reserve governor Lisa Cook could roil financial markets, raise uncertainty for investors and heighten concerns that…

Cracker Barrel rebrand unites Trump, Democrats Cracker Barrel rebrand unites Trump and Democrats in disdain 07:07 Less than a week…

Southwest Airlines will soon require travelers who don’t fit within the armrests of their seat to pay for an extra…

Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT…

When Federal Reserve Chair Jerome Powell on Friday opened the door to cutting interest rates for the first time in nearly a…

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

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

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

Wall Street had one of its best days in months on Friday after Federal Reserve Chair Jerome Powell opened the…

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

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

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

When Federal Reserve Chairman Jerome Powell takes the stage Friday at the annual Jackson Hole, Wyoming, economic forum, he will…

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…

Toronto — The union representing 10,000 Air Canada flight attendants says it’s reached a tentative agreement with the carrier and…

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

A gold rush brought settlers to South Dakota’s Black Hills roughly 150 years ago, chasing the dream of wealth and…

Air Canada is delaying its plans to resume services on Sunday after its 10,000 striking flight attendants defied the Canadian…

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

Air Canada and its striking flight attendants were forced back to work and into arbitration Saturday by Canada’s government after an…

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

Fewer young adults are achieving economic and family milestones typically associated with adulthood, according to a recent working paper from the U.S.…

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

Costco will not sell the abortion pill mifepristone at its pharmacy locations, the shopping club told CBS News. The wholesaler…

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…

The U.S. stock market is rallying toward records on Tuesday after data suggested inflation across the country was a touch…

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

Washington — President Trump announced E.J. Antoni as his nominee to lead the Bureau of Labor Statistics on Monday, after…

President Trump’s sweeping tariffs, which went into effect on Thursday, are likely to have a negative effect on companies’ bottom lines…

President Trump called on Intel CEO Lip-Bu Tan to resign on Thursday, prompting the technology company’s stock to slip before…

Washington — President Trump and Apple announced a new $100 billion commitment by Apple to boost manufacturing in the U.S.…

Walt Disney Co. is integrating Hulu and Disney+ into one app, the entertainment company announced Wednesday. During an earnings call,…

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

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

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

Tesla is granting CEO Elon Musk shares totaling around $29 billion, the company announced Monday. The new pay package for…

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

Latitude Margaritaville, a 55+ community, is inspired by the vibes of the late musician Jimmy Buffett. It’s just one of…

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…

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…

During a meeting last week between President Trump and Federal Reserve Chair Jerome Powell, the president sought to underscore what he…

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

Stellantis on Tuesday said that President Trump’s tariffs will cost the auto manufacturer 1.5 billion euros, or about $1.7 billion,…

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

President Trump announced Monday a significant tightening of his deadline for Russia’s Vladimir Putin to agree to a ceasefire with…

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

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

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

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

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…

Washington — President Trump and Federal Reserve Chair Jerome Powell had a disagreement almost immediately as the two men set…

UnitedHealth under federal investigation for Medicare payments UnitedHealth under federal investigation for Medicare payments 00:38 Shares of UnitedHealth Group slipped…

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

Washington — President Trump announced a trade deal with the Philippines after meeting with the country’s president at the White…

President Trump said Tuesday he has struck a “massive” trade deal with Japan that calls for 15% tariffs on goods…

China’s exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers…

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

The U.S. Consumer Product Safety Commission is recalling roughly 5 million above-ground pools linked to the deaths of nine children…

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…

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

Kayem Foods Inc. is recalling over 24,000 pounds of ready-to-eat chicken sausage products that may be contaminated with pieces of…

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

Airports from Boston to Atlanta have seen a substantial spike in flight cancellations since the summer travel rush began this…

President Trump asked about the idea of firing Federal Reserve Chair Jerome Powell in a meeting with lawmakers this week,…

Washington — The House is expected to vote Thursday on a landmark piece of legislation to regulate cryptocurrency after its…

Reno, Nevada — In a field outside of Reno, Nevada, sit rows and rows of solar panels soaking up sunshine.…

A federal judge has blocked a rule issued by the Consumer Financial Protection Bureau in January that would have removed…

So-called stablecoins could be a step closer to becoming a mainstream form of payment in the U.S. as the House…

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.…

July 4 celebrations may look different in some cities this year as they swap the crackle of fireworks for synchronized…

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…

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

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

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…

Trump doubles steel tariffs as deal sparks hope Trump announces 50% steel tariffs as Nippon deal sparks hope for U.S.…

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

Hallmark is reversing decision to pull ad of lesbian couple after major backlash – CBS News Watch CBS News After…

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…

Something rare is happening in Hatfield, Pennsylvania, about an hour outside of Philadelphia. The Rodon Group, a privately held plastics…

In 2013, musician Jack Conte made a music video called “Pedals.” He spent seven weeks and $10,000 building the set:…

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

Island-Hopping: The Galápagos Islands as tourist destination – CBS News Watch CBS News Expedition cruising is a rapidly-growing sector of…

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…

Reagan National Airport is warning that a military parade scheduled for June 14 in Washington, D.C., could disrupt commercial passengers’ travel plans. …

President Trump on Thursday suggested cutting off federal subsidies and contracts to Elon Musk’s companies, escalating a feud between the…

Alaska Airlines is canceling more than a dozen flights a day as tariffs hinder its ability to accept delivery of new…

Social media platform Reddit sued the artificial intelligence company Anthropic on Wednesday, alleging that it is illegally “scraping” the comments…

A Republican-backed budget package includes a new restriction for the federal Child Tax Credit that could strip the benefit from…

McDonald’s Snack Wrap, a gone-but-not-forgotten customer favorite, is returning to the fast-food chain’s restaurants in the U.S. after a nine-year…

Walt Disney Co. is laying off hundreds of employees as part of a cost-cutting measure, CBS News has confirmed.  “As…

Six Nobel laureate economists said a massive budget bill passed by House lawmakers last month and backed by President Trump…

What is worthless, but priceless? Overlooked, but treasured? Ubiquitous, but ephemeral? What makes us stop in the street to transcend…

Treasury Secretary Scott Bessent on Sunday defended the Trump administration’s escalating tariff policies, saying that while some companies have already…

Los Angeles — For years, Phil Mangano made a good living as a film and television editor in Los Angeles.…

Hey, Team! Huddle up! I want to leverage this platform and give an ROI on your time! Corporate buzzwords: we…

Las Vegas — The “Welcome to Fabulous Las Vegas” sign is usually the first stop for millions of tourists. But…

The Trump administration could pursue alternative pathways for imposing tariffs after a federal court this week struck down its use…

Haribo is recalling packs of sweets in the Netherlands after some were found to contain traces of cannabis. The Dutch…

Summer begins with Americans’ economy ratings continuing to get a bit brighter than they were this winter — though still…

A federal court on Wednesday froze most of the sweeping tariffs imposed by President Trump on virtually every foreign nation,…