The U.S. labor market added 911,000 fewer jobs than earlier reported, BLS says
admin The U.S. labor market added 911,000 fewer jobs in the 12-month period that ended March 2025 than had…
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Major jobs revision today could show the labor market is weaker than previously thought
The latest jobs report points to a labor market that’s faltering, but the slowdown may have begun much…
Americans’ confidence in finding a new job falls to record low
Job seekers’ confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve…
California town hopes for Powerball luck after devastating wildfires
California town hopes for Powerball luck after devastating wildfires – CBS News Watch CBS News Saturday’s Powerball jackpot…
Lottery spending is growing. Residents shell out the most in these states.
The Powerball jackpot swelled to nearly $1.8 billion before two lucky tickets hit the winning numbers on Saturday…
Powerball jackpot data shows where winners could take home the most, and least
The Powerball jackpot climbed to an estimated $1.8 billion for Saturday night’s drawing after no one hit the…
Postal traffic to U.S. fell 80% after Trump administration stopped exemption on low-value parcels
Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff…
Employers added 22,000 jobs in August, falling short of forecasts, as labor market cools
Employers across the U.S. added 22,000 jobs in August, falling short of economists’ muted expectations and signaling the…
The August jobs report has economists alarmed. Here are their 3 top takeaways.
Many economists say Friday’s disappointing jobs report is sending warning signals about the pace of hiring across the…
Trump hosts dinner with tech giants at the White House, but Elon Musk didn’t attend
Washington — President Trump hosted a dinner Thursday night at the White House with tech giants and other…
Google ordered to pay $425.7 million in damages for improperly tracking smartphone activity
A federal jury has ordered Google to pay $425.7 million for improperly snooping on people’s smartphones during a…
The government’s next jobs report lands Friday. Here’s what to look for.
When President Trump last month fired the head of the federal bureau that produces the government’s monthly jobs…
CBS News poll finds Americans describe “uncertain” economy as its ratings tick slightly back down
Heading toward fall, Americans are continuing to rate the U.S. economy negatively, as most pick “uncertain” and “struggling”…
Judge rules Google can keep Chrome, but must share some search engine data with rivals
A federal judge on Tuesday ordered a shake-up of Google’s search engine in a crackdown aimed at curbing…
McDonald’s revives Extra Value Meals as it tries to woo budget-conscious diners
McDonald’s is moving to make its cheap eats even cheaper as the world’s largest fast-food chain tries lure…
Federal data reveals 1.2 million drop in immigrant workers under Trump
As millions of Americans gather Monday to celebrate Labor Day, federal data shows how President Trump’s immigration policies…
Nestlé dismisses CEO due to an inappropriate relationship with a subordinate
Swiss food giant Nestlé said Monday it dismissed its CEO, Laurent Freixe, due to an inappropriate relationship with…
How is artificial intelligence affecting job searches?
Artificial intelligence has already become a disruptor in the labor market, as job postings declined over the past…
How is artificial intelligence affecting job searches?
Artificial intelligence programs like ChatGPT use AI to do thinking or writing or creating for you. Pretty amazing,…
Buyer beware: End of de minimis exemption means higher prices for overseas goods, experts say
The end of the de minimis tax loophole on Friday means that low-cost shipments to the U.S. are…
Visitors dropped for a 6th straight month in Las Vegas as head of tourism insists Sin City isn’t dead
LAS VEGAS — The top tourism official in Las Vegas says the city hasn’t priced out regular travelers,…
Appeals court rules many of Trump’s tariffs are illegal
A federal appeals court said Friday that many of the sweeping tariffs imposed by President Trump on dozens…
Here are the biggest takeaways from the government’s latest inflation data
Inflation continued to run hot in July, underlining the Federal Reserve’s dilemma as it looks to lower prices…
“De minimis” U.S. tariffs exemption for low-value imports ends
An exemption that allowed low-value parcels shipped to the United States to avoid tariffs ended at 12:01 a.m.…
Job hoppers are pumping the brakes as the U.S. labor market downshifts
More Americans are staying put in their jobs rather than jumping ship as the labor market cools. So…
5 costly mistakes to avoid before buying your next car, according to Edmunds
Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a…
No college degree? Here are jobs where you have the best shot at earning 6 figures.
A college diploma is no longer a sure ticket to a good-paying job. Yet some workers can earn…
Trump’s move to fire Fed governor Lisa Cook could give him leverage over Fed board, analysts say
President Trump’s move to fire Federal Reserve governor Lisa Cook could roil financial markets, raise uncertainty for investors…
Stocks hold steady a day after Trump says he removed Lisa Cook from post
U.S. financial markets were steady Tuesday after President Trump said he had removed Lisa Cook from the Federal…
Trump says he’s fired Federal Reserve board member Lisa Cook
President Trump said Monday he has fired Lisa Cook from the Federal Reserve’s Board of Governors — a…
Cracker Barrel refreshed its logo and paid the price. Here’s what brand experts say went wrong.
When Cracker Barrel unveiled its new logo last week as part of an ongoing brand refresh, it wouldn’t…
For some Starbucks workers, job leaves bitter taste
Liberte Locke, a 32-year-old “barista” at a Starbucks (SBUX) in New York City, is fed up. “Starbucks’ attitude…
The Air Jordan turns 40
The Air Jordan sneaker turns 40 this year. Luke Burbank traces the origins of the iconic shoe back…
Cracker Barrel loses almost $100 million in value as stock plunges after new logo release
Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of…
Postal services in India, Europe to suspend shipment of packages to U.S. over import tariffs
Multiple postal services around Europe announced Saturday that they are suspending the shipment of many packages to the…
Trump says U.S. government taking a 10% stake in tech giant Intel
President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.…
Canada to remove retaliatory tariffs on many U.S. goods
Canada’s U.S. trade minister on Trump tariffs Canada’s U.S. trade minister says country is “obviously disappointed” by Trump…
TikTok employees raised concerns that app could be addictive, unsealed edited video shows
Newly unsealed and edited video shows TikTok employees and consultants expressing concern that potentially addictive features of the…
Almost half of adults say they are ordering kids’ meals. Here’s what’s behind the trend.
Food prices on the rise Food prices on the rise 02:32 Almost half of U.S. adults say they’re…
Trump calls on Federal Reserve Governor Lisa Cook to resign after she was accused of mortgage fraud
President Trump called on Federal Reserve Governor Lisa Cook to resign on Wednesday after one of his administration’s…
Google unveils new Pixel 10 phone models and AI features at star-studded event
Google tapped the star power of Jimmy Fallon and other celebrities on Wednesday to unveil several new products,…
S&P holds U.S. credit rating steady, saying tariff revenue will offset weaker finances
S&P Global Ratings reaffirmed its AA+ credit rating for the U.S., saying that new revenue raised by the…
Walmart’s Great Value shrimp has risk of radioactive contamination, FDA says
Some frozen shrimp sold at Walmart under the Great Value label are at risk of radioactive contamination and…
NFL, Crocs kicking off a multi-year licensing deal starting this season
NFL fans will soon be able to let their feet do the talking in cheering on their favorite…
Wages aren’t keeping up with inflation, with some jobs falling farther behind than others
Wages still haven’t caught up with inflation, four years after the pandemic caused prices to soar and created…
Becoming a TV commercial icon
You know them as Flo, the Progressive Insurance saleswoman; Mayhem, the human embodiment of disasters covered by Allstate;…
Air Canada delays plans to resume operations after flight attendants refuse to end strike
Air Canada is delaying its plans to resume services on Sunday after its 10,000 striking flight attendants defied…
A Phoenix startup is turning shipping containers into shelters. Here’s why.
Old shipping containers are plentiful in the U.S., and architect Brian Stark knows exactly what to do with…
Air Canada suspends all operations as flight attendants go on strike, government forces arbitration
Air Canada and its striking flight attendants were forced back to work and into arbitration Saturday by Canada’s…
Fewer young people are meeting these 5 milestones typically associated with adulthood
Fewer young adults are achieving economic and family milestones typically associated with adulthood, according to a recent working…
Taylor Swift’s love of the color orange sets social media branding ablaze
Taylor Swift‘s upcoming album release and her love of all things orange isn’t lost on her fans —…
Air Canada begins canceling flights ahead of possible strike by its flight attendants
Air Canada began canceling flights Thursday ahead of a possible strike by its flight attendants that could impact…
PPI report shows biggest surge in three years. Here’s what that says about inflation.
The producer price index, or PPI, surged last month, far outpacing economists’ forecasts and suggesting that President Trump’s…
Supergoop! and other mousse sunscreen products may not work, FDA warns
Popular sunscreen products that come in mousse form, such as Supergoop!’s body mousse, may not protect wearers from…
Social Security cost-of-living adjustment could be 2.7% in 2026, according to new estimate
Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) next year, which is slightly more than the…
Spirit shares plunge after airline sounds alarm on its ability to stay in business
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plunged Tuesday after warning about its ability…
Trump’s BLS nominee E.J. Antoni suggests suspending monthly jobs report
President Trump’s nominee to lead the Bureau of Labor Statistics is suggesting that the agency suspend its monthly…
Trump picks E.J. Antoni as new Bureau of Labor Statistics head after firing old commissioner amid weak jobs report
Washington — President Trump announced E.J. Antoni as his nominee to lead the Bureau of Labor Statistics on…
Nvidia, AMD to pay U.S. government 15% of China AI chip sales in an unusual export agreement
U.S. chipmakers Nvidia and AMD will pay the U.S. government 15% of revenue generated by sales of their…
The crypto craze sweeping Washington and Wall Street
While many Americans are still baffled by cryptocurrency, enthusiasm for these digital assets is rising in Washington and…
The crypto craze sweeping Washington and Wall Street
Earlier this year, more than 35,000 bitcoin enthusiasts descended on Las Vegas for Bitcoin 2025 – the largest-ever…
Trump’s tariff war puts Japan’s auto industry on uncertain ground
As the country’s largest export, Japan’s auto industry is a source of national pride. But in recent months,…
Bed Bath & Beyond returns with new store in Nashville
Bed Bath & Beyond, which shut all its stores more than two years ago after filing for bankruptcy,…
Trump administration threatens to take Harvard’s patents
The federal government told Harvard University on Friday it could take control of the school’s patents stemming from…
Bed Bath & Beyond is back with a slightly different name and a promise to honor legacy coupons
Bed Bath & Beyond is making a comeback under a slightly different name, more than two years after…
Trump says CEO of Intel must resign, calling him “highly conflicted”
Why Trump is calling for Intel CEO to resign Why Trump is calling for Intel CEO’s immediate resignation…
OpenAI unveils ChatGPT‑5. Here’s what to know about the latest version of the AI-powered chatbot.
A new version of ChatGPT has arrived that OpenAI CEO Sam Altman promises will have Ph.D-level smarts. OpenAI…
Higher U.S. tariffs officially in effect on dozens of nations
Washington — President Trump officially began levying higher import taxes on dozens of countries Thursday, just as the…
Hulu and Disney+ will be combined into one app starting next year, Disney says
Walt Disney Co. is integrating Hulu and Disney+ into one app, the entertainment company announced Wednesday. During an…
Home prices are dropping in some regions of the U.S. Here’s where.
The housing market has been in a serious crunch since the COVID-19 pandemic, with limited inventory, elevated home…
How unusual are jobs numbers revisions? According to experts, they’re a common feature.
The Bureau of Labor Statistics last week issued a steep downward revision to May and June’s hiring numbers,…
AI is leading to thousands of job losses, report finds
The U.S. job market, already showing the strain from global trade tensions, is showing early signs of another…
European Union delays retaliatory tariffs for six months after reaching deal with the U.S.
White House holds firm on tariff rates White House holds firm on tariff rates ahead on Aug. 7…
Tariff rates are “pretty much set,” U.S. trade representative Jamieson Greer says
Jamieson Greer, the U.S. trade representative, said in an interview that aired Sunday that tariff rates are “pretty…
Not exactly wasting away in this Margaritaville
Latitude Margaritaville, a 55+ community, is inspired by the vibes of the late musician Jimmy Buffett. It’s just…
Trump fires Bureau of Labor Statistics commissioner after disappointing job numbers
President Trump ordered his administration to fire the commissioner of labor statistics, Erika McEntarfer, after the July jobs…
Profits at Warren Buffett’s Berkshire Hathaway drop as it writes down its Kraft Heinz investment
Warren Buffett’s company reported less than half as much profit in the second quarter as it took a…
Trade adviser says Trump has “real concerns” about jobs data after president fires labor statistics chief
U.S. Trade Representative Jamieson Greer defended President Trump’s decision to fire a key official responsible for employment reports,…
Corporation for Public Broadcasting, funder of NPR and PBS, says it will end operations within months after federal budget cuts
The Corporation for Public Broadcasting said Friday it would begin winding down its operations after its funding was…
Trump unveils higher tariffs on dozens of countries
President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week…
Trump says he’s extended the tariff deadline for Mexico by 90 days
President Trump on Thursday said he’s giving Mexico an additional 90 days to strike a trade deal, with…
Trump announces tariff deal with South Korea — U.S.’s 6th-biggest trading partner
President Trump announced Wednesday he has struck a trade deal with South Korea. Mr. Trump wrote on Truth…
Federal Reserve holds its benchmark rate steady at today’s FOMC meeting
The Federal Reserve on Wednesday said it’s keeping its benchmark interest rate unchanged, marking a continuation of its…
Indeed and Glassdoor to lay off 1,300 workers as AI shakes up job search business
Indeed and Glassdoor, the job search and employee review firms, are slashing a total of roughly 1,300 jobs…
This lawsuit in court this week could throw a wrench in Trump’s trade policy. Here’s what to know.
The Trump administration’s trade policy faces a critical test this week as a federal court weighs the legality…
Trump says he’s shortening deadline for Putin to reach Russia-Ukraine ceasefire to just 10 or 12 days
President Trump announced Monday a significant tightening of his deadline for Russia’s Vladimir Putin to agree to a…
PayPal says it will allow businesses to accept payments in over 100 cryptocurrencies
PayPal said Monday it will allow businesses to accept payments in more than 100 types of cryptocurrencies, including…
Trump says U.S. has reached trade deal with European Union as Aug. 1 deadline loomed
President Trump announced Sunday that the United States and the European Union had reached a trade deal after…
Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say
The new normal for U.S. tariffs on foreign goods starts at 15%. Even as President Trump seeks to…
Parents rush to buy school supplies before tariff deadline
Parents rush to buy school supplies before tariff deadline – CBS News Watch CBS News The National Retail…
FCC approves Paramount-Skydance merger – CBS News
The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media,…
Forget ChatGPT. Tea is the most downloaded app on Apple’s App Store.
The most downloaded free app on Apple’s App Store currently isn’t ChatGPT, Threads or Google. It’s Tea, a…
U.S.-EU trade deal still up in the air as Trump jets off to Scotland
President Trump said on Friday there is a “50/50 chance, maybe less than that” of his administration striking…
Jerome Powell disagrees with Trump about cost of changes to Fed construction
Washington — President Trump and Federal Reserve Chair Jerome Powell had a disagreement almost immediately as the two…
AI-related job postings are on the rise. Here’s a look at what they are and where to find them.
AI receives a lot of attention for eliminating human jobs, but more and more, its also creating them.…
What the latest downturn in the housing market means for buyers
Stacy Esser, realtor and founder of the Stacy Esser Group in Tenafly, New Jersey, says it’s still a…
White House unveils U.S. strategic plan on AI. Here’s what it includes.
The Trump administration on Wednesday unveiled an AI Action Plan aimed at maintaining U.S. dominance in the artificial…
Trump says he’s struck a “massive” trade deal with Japan, calling for 15% tariffs
President Trump said Tuesday he has struck a “massive” trade deal with Japan that calls for 15% tariffs…
Starbucks reveals Pumpkin Spice Latte release date and fall menu
The official start of fall is still months away, but the season is just around the corner for…
Southwest announces when passengers can book assigned seats
Southwest announces when passengers can book assigned seating Southwest announces when passengers can book assigned seating 02:35 Southwest…
Trump Media buys $2 billion in bitcoin as it pursues crypto treasury strategy
Trump Media and Technology Group, the social media company owned by President Trump, said it has bought about…
Trump signs GENIUS Act, first federal law regulating crypto
Trump signs GENIUS Act, first federal law regulating crypto – CBS News Watch CBS News President Trump held…
Trump signs landmark GENIUS Act, hailing “exciting new frontier” for crypto
Washington — President Trump signed a landmark bill to regulate cryptocurrency on Friday, hailing the “exciting new frontier”…
Trump says Coke agrees to switch formula back to cane sugar, like in Mexico
Trump says Coke agrees to switch formula back to cane sugar, like in Mexico – CBS News Watch…
Kayem Foods recalls over 24,000 pounds of chicken sausage products
Kayem Foods recalling more than 24,000 pounds of chicken sausage Kayem Foods recalling more than 24,000 pounds of…
Astronomer board investigating CEO Andy Byron after Coldplay kiss-cam video
The technology company Astronomer said Friday that its board of directors has started a formal investigation after its…
Peacock raising its subscription rates by $3 starting next week
Peacock will soon be charging consumers more to admire its plumage. The Comcast-owned streaming service is hiking its…
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump asked about the idea of firing Federal Reserve Chair Jerome Powell in a meeting with lawmakers…
House expected to vote on historic crypto bill, the GENIUS Act, after right-wing rebellion
Washington — The House is expected to vote Thursday on a landmark piece of legislation to regulate cryptocurrency…
How used EV batteries could help fuel the AI boom
Reno, Nevada — In a field outside of Reno, Nevada, sit rows and rows of solar panels soaking…
Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell
Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve…
Stablecoins could get a big boost in Congress. Here’s what to know about the digital currency.
So-called stablecoins could be a step closer to becoming a mainstream form of payment in the U.S. as…
How do you stop an AI model from turning Nazi? What the Grok drama reveals about AI training.
Aaron J. Snoswell is a senior research fellow in AI Accountability at Queensland University of Technology. Grok, the…
Trump administration imposes 17% tariff on fresh Mexican tomatoes
The Trump administration is imposing a 17% tariff on most fresh Mexican tomatoes, the federal government said Monday,…
Starbucks reveals “secret” menu in coffee chain’s app. Here’s what you’ll find.
Starbucks makes layoffs, cuts drinks Starbucks to lay off 1,100 employees and cut drinks from its menu 01:53…
Unlucky in love? AI dating apps promise to help you up your game.
While online dating apps makes searching for love more convenient, finding that special person is as difficult as…
European Union to delay retaliatory tariffs on U.S. goods in hopes of reaching deal
The European Union will suspend retaliatory tariffs on goods from the United States that were scheduled to take…
What to know as home prices show signs of cooling off
What to know as home prices show signs of cooling off – CBS News Watch CBS News For…
Trump announces 30% tariffs against Mexico, EU to begin on Aug. 1
President Trump on Saturday announced he is levying 30% tariffs against Mexico and the European Union. They are…
Trump official criticizes Fed chief Jerome Powell for “ostentatious” office renovations, as Trump takes aim over interest rates
A top Trump administration official accused Federal Reserve Chair Jerome Powell of leading an “ostentatious” office renovation project…
Are you a student loan borrower? Here’s how the One Big Beautiful Bill Act could affect you.
The millions of Americans with student loans, who have already experienced whiplash in federal policy since the pandemic,…
Trump threatens 35% tariffs against Canada
President Trump on Thursday threatened to impose 35% tariffs on goods from Canada starting next month, hiking import…
Jane Birkin’s original Hermès bag sells for over $10 million at Sotheby’s auction in Paris
The original Hermès Birkin bag once worn by late actor and singer Jane Birkin has been auctioned off…
Trump threatens Brazil with massive 50% tariff, citing “Witch Hunt” against ex-president Bolsonaro
President Trump said Wednesday he would impose a 50% tariff on goods from Brazil next month, one of…
Snack Wraps and Spicy McMuffins. How McDonald’s is refreshing its menu to lure back customers
McDonald’s is reviving fan favorites, spicing up its menu and emphasizing low-cost items to bring inflation-weary customers back…
Can I keep my shoes on at airports? Here’s what to know about TSA rule change.
The Transportation Security Administration’s shoe rule expired on Monday, relieving fliers of the requirement to remove their footwear…
Anthropic, Microsoft and OpenAI fund new school to educate teachers on using AI
Leading artificial intelligence companies are stepping up their efforts to bring AI to schools across the U.S. The…
Trump threatens more than a dozen countries with new tariffs by Aug. 1
President Trump on Monday said the U.S will impose 25% tariffs on goods from South Korea and Japan…
Tesla stock price slides after Elon Musk says he’s formed a new political party
Tesla’s stock price slumped in early trading Monday after CEO Elon Musk’s announced over the weekend that he…
Kevin Hassett says ahead of tariff deadline, “rough outlines of the deals are becoming clear”
Washington — White House National Economic Council director Kevin Hassett said Sunday that “rough outlines of the deals…
June jobs report was better than expected. Here’s what it means.
June jobs report was better than expected. Here’s what it means. – CBS News Watch CBS News The…
College grad unemployment surges as employers replace new hires with AI
College grad unemployment surges as employers replace new hires with AI – CBS News Watch CBS News The…
“Big, beautiful bill” gives tipped workers a new tax break. Here’s what to know.
President Trump’s promise to eliminate federal income tax on worker tips will become a reality Friday when he…
Does the “big, beautiful bill” eliminate taxes on Social Security?
As Congress was approving President Trump’s “big, beautiful bill” on Thursday, the Social Security Administration touted the legislation…
What’s open and closed on July 4, 2025? See which stores and other businesses are operating today.
July 4th is here, with millions of Americans expected to gather at fireworks shows, barbecues and the beach…
EPA puts 139 employees on leave after they publicly criticized Trump’s environmental policies
The Environmental Protection Agency has placed 139 employees on leave after they signed a letter criticizing the Trump…
Tariffs could surge on July 9 with 90-day pause set to end. Here’s what experts think could happen.
A 90-day freeze on sweeping U.S. tariffs is set to expire on July 9, sowing economic uncertainty as…
Dr. Phil’s Merit Street Media company files for bankruptcy less than 2 years after launch
Merit Street Media, the multiplatform network owned by former daytime talk show host Dr. Phil McGraw, has filed…
Microsoft to lay off 9,000 workers in latest round of job cuts
Microsoft is laying off just under 4% of its workforce in a new round of job cuts, the…
Senate removes excise tax on renewable energy industry from Trump domestic policy bill
The Senate bill containing President Trump’s domestic policy agenda at the last minute eliminated a new excise tax…
Tesla stock price sinks as Musk and Trump feud over spending bill
“Vote-a-rama” on Trump bill: What we know Everything we know about the Senate “vote-a-rama” on Trump’s “big, beautiful…
Musk suggests he might support primary challenges against Republicans who support Trump’s “big, beautiful bill”
Elon Musk ramped up his criticism of the massive tax and domestic policy package working its way through…
China coffee giant Luckin opens its first U.S. stores in New York City
New Yorkers have a new logo in town as Luckin Coffee, a popular Chinese coffee chain, announces its…
Driving Force: Uber CEO Dara Khosrowshahi
Driving Force: Uber CEO Dara Khosrowshahi – CBS News Watch CBS News He’s the son of an immigrant…
Uber CEO Dara Khosrowshahi on being behind the wheel
It’s rare to sit down with a CEO and the CEO’s mother. The proud mom is Lili Khosrowshahi;…
Investor Warren Buffett announces $6 billion in donations to 5 foundations
Famed investor Warren Buffett is donating $6 billion worth of his company’s stock to five foundations, bringing the…
S&P 500 closes at record high, marking a sharp snapback after stocks plunged in April
The S&P 500 reached a new record high, with investors buoyed by signs of easing global trade tensions.…
Kansas furniture store owner on being forced to shutter due to tariffs: “We decided to liquidate everything”
Merriam, Kansas — Most will see just a furniture store when they visit My Home Contemporary Furniture in…
PCE report today shows U.S. inflation ticked higher in May as consumers pared spending
The personal consumption expenditures price index, or PCE, inched higher in May, the latest sign that inflation remains…
Jeff Bezos and Lauren Sánchez’s wedding draws celebrity crowd to Venice. See the photos.
Billionaire Amazon founder Jeff Bezos and former journalist Lauren Sánchez are getting married in Italy this weekend, and…
Too sick to work, some Americans worry Trump’s bill will strip their health insurance
Stephanie Ivory counts on Medicaid to get treated for gastrointestinal conditions and a bulging disc that makes standing…
Fortnite players set for $126 million refund this week. Here’s how to get the money.
Fortnite gamers who were charged for unwanted purchases while playing the online video game could receive a slice…
Tesla robotaxis face scrutiny after erratic driving caught on camera during Austin pilot
The National Highway Traffic Safety Administration is investigating Tesla after incidents involving the electric car maker’s robotaxis were…
Stock futures rise as investors bet that Iran-Israel truce will stick
Stocks look set to extend their gains Tuesday, with futures contracts climbing amid investor hopes that Israel and…
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for…
What does the widening military conflict in Iran mean for oil prices? Here’s what the experts say.
The U.S. military strikes in Iran are raising questions about the impact on supplies of oil and gas,…
Compass sues Zillow over its “Zillow ban,” alleging antitrust breach
Real estate giant Compass is suing Zillow, alleging that the online property website is violating antitrust laws with…
Meta introduces Oakley AI smart glasses that start at $399
Meta is expanding its line of AI-powered eyewear through a new partnership with sportswear brand Oakley. The new…
The Waldorf Astoria, a hotel that defined hospitality, is reborn
The Waldorf Astoria, a hotel that defined hospitality, is reborn – CBS News Watch CBS News For nearly…
Kroger says it will close 60 stores across the U.S. over the next 18 months
How to save on groceries as prices climb How to shop smarter and spend less as grocery prices…
Tesla’s robotaxi service is set to debut in Austin, Texas, on Sunday. Here’s what to know.
After years of teasing a new line of self-driving vehicles, billionaire tech CEO Elon Musk is finally making…
Trump says “maybe” he’ll try to fire Fed chief Jerome Powell
President Trump suggested Friday he may try to fire Federal Reserve Chair Jerome Powell, calling the central bank…
Aflac says hackers may have stolen customers’ claims info, including Social Security numbers
Aflac on Friday said hackers have gained access to its customers personal information in a cybersecurity attack last…
Telegram founder and billionaire Pavel Durov plans to leave fortune to his 100-plus children
Pavel Durov, the founder and CEO of Telegram, a messaging app, has fathered more than 100 children, all…
Trump’s deportation efforts could impact these industries and states that rely on undocumented workers
The Trump administration resumed more aggressive workplace immigration enforcement earlier this week after briefly pausing arrests at farms,…
These interior paint colors could boost your home’s sale price by $2,600, Zillow says
Home sellers hoping to get the highest price for their listings should pay particular attention to room paint…
U.S. Steel and Nippon Steel partnership is finalized, companies say
U.S. Steel and Nippon Steel announced Wednesday that they have finalized their long-awaited partnership. Under the announced agreement,…
Trump to sign order extending TikTok deadline another 90 days, White House says
Washington — President Trump has once again delayed the enforcement of a bipartisan law that would effectively ban…
U.S. Steel-Nippon deal includes “golden share” giving Trump power to approve big corporate changes
President Trump’s executive order on Friday clearing the way for Japan-based Nippon Steel to potentially buy U.S. Steel…
At Home files for bankruptcy and will close 26 stores. Here are the locations.
At Home, the home decor and furniture retailer with more than 200 locations in the United States, is…
France closes Israeli firms’ Paris Air Show stalls, citing ban on “offensive weapons” displays amid Gaza war
Le Bourget, France — Geopolitical tensions roiled the opening of the Paris Air Show on Monday as French…
Walmart heiress’ ad promoting “No kings” protest sparks backlash against retailer
Walmart heiress Christy Walton’s advertisement in The New York Times over the weekend has led some consumers to…
“No Kings” day merch for sale on Amazon, Temu and other e-commerce sites
What to know about Army anniversary parade What to know about Trump’s Army anniversary parade and “No Kings”…
Ford CEO says rare earths shortage forced it to shut factory
Ford CEO Jim Farley said that a rare earth minerals shortage is hurting production and caused the automaker…
Trump clears U.S. Steel sale to Nippon Steel, but details of merger still unclear
President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details…
Dow sinks over 750 points after Israel’s attack on Iran
Stocks closed lower on Friday and oil prices climbed after a military strike by Israel on Iran stirred…
California woman sues Costco for millions after liquor cabinet allegedly falls on her
A California woman is seeking millions in damages from Costco following an incident at one of the discount…
An upgrade for U.S. airports
An upgrade for U.S. airports – CBS News Watch CBS News Travelers aren’t complaining about layovers at Singapore’s…
Meta files lawsuit against maker of “nudify” app technology
Meta said Thursday that it’s suing an app maker that uses artificial intelligence to simulate nude images of…
Billions in federal taxes are never collected
Billions in federal taxes are never collected – CBS News Watch CBS News About 15% of taxes every…
Inflation rate edged higher by 2.4% in May, CPI report shows. Here’s what that means.
The Consumer Price Index in May rose 2.4% on an annual basis, reflecting a cooler-than-expected increase last month…
Trump’s tariffs can stay in place for now amid legal battle, appeals court rules
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…
Paramount to cut 3.5% of its workforce amid economic and media industry challenges
Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges…
Almanac: Cleaning up at business
Almanac: Cleaning up at business – CBS News Watch CBS News On May 7, 1925, William Lever, one…
Warner Bros. Discovery to split into two, separating CNN and cable networks from streaming
Warner Bros. Discovery announced the media giant will divide into two new publicly traded companies, with one consisting…
Kevin Hassett says if Senate finds Medicare abuse, then “we would look at it” in Trump bill
White House National Economic Council director Kevin Hassett said Sunday the Trump administration is not targeting Medicare in…
It’s a living: Earning patronage on Patreon
In 2013, musician Jack Conte made a music video called “Pedals.” He spent seven weeks and $10,000 building…
Toys caught in the crosshairs of Trump’s tariffs
Toys caught in the crosshairs of Trump’s tariffs – CBS News Watch CBS News New evidence shows that…
Basic universal income: Testing a weapon against economic insecurity
Basic universal income: Testing a weapon against economic insecurity – CBS News Watch CBS News Even if your…
Tariffs are causing Alaska Airlines to cancel flights. Here’s why.
Alaska Airlines is canceling more than a dozen flights a day as tariffs hinder its ability to accept…
Unemployment claims rise to highest level in 8 months, signaling slowdown in job market
Initial claims for U.S. unemployment benefits last week rose to their highest level in eight months, a sign…
Trump threatens to cut off Elon Musk’s federal subsidies. That could cost Tesla and SpaceX billions.
President Trump on Thursday suggested cutting off federal subsidies and contracts to Elon Musk’s companies, escalating a feud…
Trump speaks to China’s Xi amid ongoing dispute over trade truce
White House: Trump to speak with China’s Xi Trump likely to speak with China’s president this week, White…
Couple faces retirement fears amid market swings: “We don’t have do-over time”
Dinner at the Gomez home outside Boston provides a textbook image of the sandwich generation: three sets of…
Trump budget bill would increase deficit by $2.4 trillion and 10.9 million would lose health insurance, CBO says
Could Trump relationship with Musk sour? Could Trump’s relationship with Musk sour after his budget bill criticism? 02:35…
McDonald’s Snack Wrap is returning to U.S. menus. Here’s what to know.
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…
OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
U.S. economic growth is likely to hit the brakes this year, with GDP dramatically slowing due to the…
Budget bill would add trillions to U.S. debt and increase inequality, Nobel laureate economists say
Six Nobel laureate economists said a massive budget bill passed by House lawmakers last month and backed by…
U.S. steelmakers’ shares jump after Trump hikes industry tariffs to 50%
Stocks of major U.S. steel companies jumped Monday after President Trump announced he would double tariffs on steel…
Bessent defends tariff policy as retailers weigh price hikes: “Some are and some aren’t”
Treasury Secretary Scott Bessent on Sunday defended the Trump administration’s escalating tariff policies, saying that while some companies…