Category: Finance

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

Apple on Tuesday unveiled its latest generation of iPhones, AirPods and watch at the technology company’s launch event, held annually…

The latest jobs report points to a labor market that’s faltering, but the slowdown may have begun much earlier. Economists expect…

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…

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

Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports,…

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

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

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

Washington — President Trump is hosting a dinner Thursday night at the White House with tech giants and other business…

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

Americans are expected to rein in spending this holiday season by the most amount since the pandemic, as they continue…

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

A new cryptocurrency issued by the Trump family’s World Liberty Financial and that started trading this week has boosted the family’s…

As millions of Americans gather Monday to celebrate Labor Day, federal data shows how President Trump’s immigration policies are reshaping…

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

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…

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

An exemption that allowed low-value parcels shipped to the United States to avoid tariffs ended at 12:01 a.m. Friday, Trump…

More Americans are staying put in their jobs rather than jumping ship as the labor market cools.  So concludes a new…

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

A college diploma is no longer a sure ticket to a good-paying job. Yet some workers can earn six figures…

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

U.S. financial markets were steady Tuesday after President Trump said he had removed Lisa Cook from the Federal Reserve’s Board…

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

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

Liberte Locke, a 32-year-old “barista” at a Starbucks (SBUX) in New York City, is fed up. “Starbucks’ attitude is that…

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…

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…

Canada will remove retaliatory tariffs on many U.S. products that are covered under the U.S.-Mexico-Canada Agreement, or USMCA, Prime Minister…

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

Food prices on the rise Food prices on the rise 02:32 Almost half of U.S. adults say they’re ordering from…

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

Google tapped the star power of Jimmy Fallon and other celebrities on Wednesday to unveil several new products, including the…

S&P Global Ratings reaffirmed its AA+ credit rating for the U.S., saying that new revenue raised by the Trump administration’s…

Some frozen shrimp sold at Walmart under the Great Value label are at risk of radioactive contamination and shouldn’t be…

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

Wages still haven’t caught up with inflation, four years after the pandemic caused prices to soar and created a cost-of-living…

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

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…

Social Security celebrated its 90th anniversary Thursday, marking a major milestone for the program that supplies monthly benefit checks to…

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

The producer price index, or PPI, surged last month, far outpacing economists’ forecasts and suggesting that President Trump’s tariffs are…

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

Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) next year, which is slightly more than the 2.5% boost…

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

President Trump’s nominee to lead the Bureau of Labor Statistics is suggesting that the agency suspend its monthly jobs report, an…

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

U.S. chipmakers Nvidia and AMD will pay the U.S. government 15% of revenue generated by sales of their AI chips…

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.…

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

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

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

A new version of ChatGPT has arrived that OpenAI CEO Sam Altman promises will have Ph.D-level smarts. OpenAI on Thursday…

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

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…

White House holds firm on tariff rates White House holds firm on tariff rates ahead on Aug. 7 deadline 03:59…

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…

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

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

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

Former Food Network star Paula Deen announced Friday the abrupt closure of the Savannah restaurant that launched her to fame…

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 on Thursday sharply probed President Trump’s use of an emergency powers law to impose sweeping…

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

The Federal Reserve said Wednesday it’s keeping its benchmark interest rate unchanged, citing elevated uncertainty over the nation’s economic outlook. The decision…

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

The Trump administration’s trade policy faces a critical test this week as a federal court weighs the legality of its…

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

PayPal said Monday it will allow businesses to accept payments in more than 100 types of cryptocurrencies, including bitcoin and…

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

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

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…

President Trump said on Friday there is a “50/50 chance, maybe less than that” of his administration striking a trade…

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

Washington — President Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair…

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

The Trump administration on Wednesday unveiled an AI Action Plan aimed at maintaining U.S. dominance in the artificial intelligence race. The…

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

The official start of fall is still months away, but the season is just around the corner for Starbucks fans.…

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

Trump Media and Technology Group, the social media company owned by President Trump, said it has bought about $2 billion…

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

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

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

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

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

Peacock will soon be charging consumers more to admire its plumage. The Comcast-owned streaming service is hiking its subscription rates…

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. …

Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome…

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

Aaron J. Snoswell is a senior research fellow in AI Accountability at Queensland University of Technology. Grok, the artificial intelligence…

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

Starbucks makes layoffs, cuts drinks Starbucks to lay off 1,100 employees and cut drinks from its menu 01:53 Starbucks’ “secret”…

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…

President Trump on Saturday announced he is levying 30% tariffs against Mexico and the European Union. They are set to…

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…

President Trump on Thursday threatened to impose 35% tariffs on goods from Canada starting next month, hiking import duties on…

The original Hermès Birkin bag once worn by late actor and singer Jane Birkin has been auctioned off in Paris…

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

McDonald’s is reviving fan favorites, spicing up its menu and emphasizing low-cost items to bring inflation-weary customers back to the…

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

Leading artificial intelligence companies are stepping up their efforts to bring AI to schools across the U.S.  The American Federation…

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

Tesla’s stock price slumped in early trading Monday after CEO Elon Musk’s announced over the weekend that he has formed a…

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…

A 90-day freeze on sweeping U.S. tariffs is set to expire on July 9, sowing economic uncertainty as the Trump administration works…

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

Microsoft is laying off just under 4% of its workforce in a new round of job cuts, the company said…

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

“Vote-a-rama” on Trump bill: What we know Everything we know about the Senate “vote-a-rama” on Trump’s “big, beautiful bill” 12:44…

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

Maintaining the safety of our food Maintaining the safety of our food 07:51 Gaiser’s European Style Provisions Inc. is recalling…

Driving Force: Uber CEO Dara Khosrowshahi – CBS News Watch CBS News He’s the son of an immigrant family who…

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

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

Hundreds of thousands of workers across more than a dozen cities and states will soon receive higher pay, thanks to…

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

Leading stock market indexes opened in record territory, with investors buoyed by signs of progress on a U.S.-China trade deal.…

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

Stephanie Ivory counts on Medicaid to get treated for gastrointestinal conditions and a bulging disc that makes standing or sitting…

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

The National Highway Traffic Safety Administration is investigating Tesla after incidents involving the electric car maker’s robotaxis were caught on…

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

A huge swath of Americans feels under pressure to earn big bucks simply to keep pace with the rising cost…

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

Real estate giant Compass is suing Zillow, alleging that the online property website is violating antitrust laws with a new…

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

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

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…

Aflac on Friday said hackers have gained access to its customers personal information in a cybersecurity attack last week. The…

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

Honda is recalling 259,033 vehicles in the U.S. because a small number of them may have a brake pedal defect. …

Home sellers hoping to get the highest price for their listings should pay particular attention to room paint colors, among…

U.S. Steel and Nippon Steel announced Wednesday that they have finalized their long-awaited partnership.  Under the announced agreement, U.S. Steel…

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

Kraft Heinz will remove artificial dyes from its products sold in the U.S. by the end of 2027, the company…

The Trump Organization announced it is starting a cellular phone service called T1 Phone by Trump Mobile that will charge…

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

Former Insys CEO sentenced to prison time for pushing opioids – CBS News Watch CBS News The former chairman of…

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…

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

Stocks are down on Friday, with oil prices surging in the wake of the Israel’s military strike on Iran. The…

Last-minute shoppers still searching for holiday gifts – CBS News Watch CBS News Just one day before Christmas, some shoppers…

The Air India plane crash on Thursday is putting a renewed spotlight on Boeing, the manufacturer of the 787-8 Dreamliner…

Google’s collection of medical records sparks privacy concerns – CBS News Watch CBS News The apparent whistleblower who revealed Google…

The Consumer Price Index in May rose 2.4% on an annual basis, reflecting a cooler-than-expected increase last month and signaling…

What’s at stake for U.S.-China in talks What’s at stake in U.S.-China trade talks 05:35 The wide-reaching tariffs imposed by…

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the…

When summer takes Fridays off – CBS News Watch CBS News Two years ago, about 20 percent of companies offered…

Warner Bros. Discovery announced the media giant will divide into two new publicly traded companies, with one consisting of its…

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

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

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

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

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

Employers across the U.S. added 139,000 jobs in May new federal data shows, a sign the labor market remains steady…

Four-and-a-half months after launch atop a Falcon 9 rocket, a privately-built Japanese lander attempted to touch down on the moon…

Older Americans are filing for Social Security benefits at a record rate this year, a surge that could reflect growing…

Dinner at the Gomez home outside Boston provides a textbook image of the sandwich generation: three sets of relatives living…

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…

U.S. economic growth is likely to hit the brakes this year, with GDP dramatically slowing due to the impact of…

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

China on Monday said the Trump administration is undermining the temporary May 12 trade agreement between the two nations by issuing…