Category: Finance

Concern grows over whether Hollywood’s film and TV industry can survive in California

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

The buzz over annoying corporate buzzwords

Hey, Team! Huddle up! I want to leverage this platform and give an ROI on…

As Trump’s tariffs face legal challenge, here are some of his other trade policy options

The Trump administration could pursue alternative pathways for imposing tariffs after a federal court this…

Trump says China is violating its trade agreement with the U.S.

China eyes global help to end U.S. trade war China eyes international help to resolve…

CBS News poll: Economy views better than winter, but Americans feel concern more than secure about finances

Summer begins with Americans' economy ratings continuing to get a bit brighter than they were…

Stock market futures jump after court halts most Trump’s tariffs

Stock futures are jumping after a federal court late Wednesday froze most of the tariffs…

JD Vance says “crypto finally has a champion” in the White House during Bitcoin conference speech

Vice President JD Vance on Wednesday touted the Trump administration's ties with the cryptocurrency industry …

Better stay buckled up until your plane stops in Turkey or you’ll face fines

Ankara, Turkey — Airline passengers in Turkey who unbuckle their seat belts, access overhead compartments,…

Rising number of college grads are unemployed, new research shows

Recent college graduates are having a harder time finding work, despite their higher education degrees,…

Southwest sets its first checked bag fee, starting at $35

Southwest Airlines changing bag policy Why Southwest Airlines is changing its checked bag policy 02:47…

Trump pauses tariffs on European Union goods after negotiations

Trump pauses tariffs on European Union goods after negotiations - CBS News Watch CBS News…

What’s open and closed for Memorial Day? See which stores are operating today.

Easy Memorial Day weekend activities Easy, last-minute Memorial Day weekend activities 03:22 For many Americans,…

Delta Air Lines’ 100th year takes flight

When you picture a garage sale, you might think of your neighbor's driveway down the…

Markets close lower after Trump lobs tariff threats at Apple and EU

Stocks tumbled on Friday after President Trump threatened to impose a fresh round of tariffs, this…

Publix recalls baby food sold in more than 1,400 stores after testing finds elevated lead levels

The supermarket chain Publix has recalled fruit and vegetable baby food sold in eight states…

Trump floats bringing Fannie Mae and Freddie Mac public. Here’s what it could mean to homebuyers and investors.

President Trump said this week he may take Fannie Mae and Freddie Mac public, winding…

Trump announces “partnership” between U.S. Steel and Japan-based Nippon Steel

President Trump said Friday that U.S. Steel will keep its headquarters in Pittsburgh as part…

Republicans aim to punish states that insure unauthorized immigrants

President Trump's signature budget legislation would punish 14 states that offer health coverage to people…

Memorial Day weekend gas prices could be cheapest since 2021

Good news for the nearly 40 million Americans expected to hit the road this Memorial…

Jobs program for the formerly incarcerated seeks to address U.S. trucking industry shortage

New York City — Every time Jorge Badilla shifts into gear, he's sitting in the…

Here’s how to save money on your summer vacation, despite rising prices

There's good news and bad news for the nearly 50% of Americans who say they're…

Behind on your student loan? Here’s what to know about wage garnishment.

Americans with student loans who are behind on their payments could face having their wages…

Crypto billionaire Justin Sun says he’s the biggest owner of Trump’s meme coin, will attend dinner with president

The largest holder of President Trump's cryptocurrency token is entrepreneur Justin Sun, the billionaire revealed…

GOP bill could add trillions to the U.S. deficit, some experts say. Here’s what to know.

The Republican-backed tax and spending bill that's now moving forward in the House is getting…

Mortgage rates climb back above 7% after Moody’s U.S. debt downgrade

The average interest rate for a 30-year mortgage jumped back above the 7% threshold on…

Founding father of the Jordan Brand recalls Nike “having the guts” to bet big on Michael Jordan 40 years ago

"Sneakerheads" continue to line up for Nike's Air Jordans, the most successful basketball shoe in…

Trump warns Walmart against raising prices, saying they should “eat the tariffs”

Trump warns Walmart against raising prices, saying they should "eat the tariffs" - CBS News…

Trump warns Walmart against raising prices, tells company to “eat the tariffs”

President Trump ripped into Walmart, saying on social media Saturday that the retail giant should…

Moody’s downgrades U.S. credit rating, citing rising government debt

The U.S. credit rating was downgraded by Moody's Ratings on Friday, highlighting investor concerns about…

Apple blocks Fortnite game on iPhones, video game company says

Video Game Hall of Fame nominees announced Reporter's Notebook: World Video Game Hall of Fame…

Walmart says it plans to raise prices despite lower U.S. tariffs

Walmart on Thursday warned that even softer tariffs on China could soon force the company…

House GOP bill proposes a number of new tax cuts. Here’s how that could impact your money.

As a Republican-backed bill moves ahead in the House, proposed tax cuts under the measure…

Kroger overcharges customers for items marked as being on sale, Consumer Reports finds

Kroger shoppers might be paying more at checkout than they bargained for.A new investigation found price…

Shopping tips to save you money amid ever-changing U.S. tariff policies

President Trump's ever-changing tariffs have caused some confusion for Americans, as higher prices and expectations of…

Inflation rate rose by 2.3% in April, CPI report shows. Here’s what the data means.

The Consumer Price Index in April rose 2.3% on an annual basis, rising less than economists had…

Microsoft to lay off approximately 6,000 employees

Microsoft and Meta earnings beat expectations Microsoft and Meta earnings beat expectations in latest report…

Trump family’s bitcoin mining venture to go public — as Trump crypto interests grow

A bitcoin mining firm backed by President Trump's son Eric will go public this year,…

Dow gains 1,000 points after U.S. and China agree to slash tariffs for 90 days

News of a U.S. agreement with China to temporarily ease tariffs sent stocks soaring on…

How Trump’s tariffs jeopardize small businesses

How Trump's tariffs jeopardize small businesses - CBS News Watch CBS News President Trump's sudden…

Small business owners on damage from Trump’s tariffs

Beth Benike is a mom, a veteran, and a small business owner – and she's…

GM recalls nearly 600,000 trucks and SUVs over risk of engine failure

Checking your vehicle for important safety recalls Checking your vehicle for important safety recalls 02:15…

Fired CPSC commissioner tells President Trump, “See you in court”

Rich Trumka Jr., a commissioner of the Consumer Product Safety Commission until he was fired…

Trump says 80% tariff on China “seems right” ahead of trade talks

President Trump signaled Friday that the U.S. may be open to lowering tariffs on China."80%…

U.S. tariffs could raise the cost of baby products up to $1,000 a year, industry players say

President Trump's tariffs are making it a lot more expensive to have kids, parents and…

Trump hails framework of U.K. trade deal, but 10% tariffs will remain on some items

Washington — President Trump on Thursday announced the broad terms of a trade deal with…

Trump announces “breakthrough trade agreement” with U.K. Here’s what to know as other negotiations continue.

President Trump on Thursday announced a trade agreement with the United Kingdom.Speaking from the Oval…

Fed holds interest rates steady as the central bank weighs impact of Trump tariffs

The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged, resisting pressure…

The penny may not survive long — but collectors fight to keep it alive

The humble penny, once a pocket staple, has long since lost its shine in American…

Top Trump officials will meet with China amid trade war

Two Trump administration officials will meet with their Chinese counterparts to discuss trade in the…

Grand Theft Auto 6 drops a surprise second trailer. Here are all the details.

Grand Theft Auto 6 delayed for another year, developers say Grand Theft Auto 6 delayed…

The IRS has lost almost one-third of its tax auditors after 2 months of DOGE cuts, report says

The Trump administration's plan to trim the IRS workforce has resulted in almost one-third of…

How much does it cost to attend the 2025 Met Gala?

Inflation has pushed up the price of many things, but not of tickets to the 2025…

Trump announces he will impose 100% tariffs on movies produced outside the U.S.

President Trump on Sunday announced movies as the latest target for tariffs because the U.S.…

How Matisse became a name in pottery

How Matisse became a name in pottery - CBS News Watch CBS News In 2009,…

Warren Buffett steps down as CEO of Berkshire Hathaway, says Greg Abel should be successor

Warren Buffett steps down as CEO of Berkshire Hathaway, says Greg Abel should be successor…

Warren Buffett says U.S. shouldn’t use “trade as a weapon,” as Trump has done with tariffs

Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday that the United States shouldn't…

How one diner is navigating economic uncertainty in Danbury, Connecticut

The Three Brothers Diner has been serving the Danbury, Connecticut community for the last 50…

Employers added 177,000 jobs in April, topping analyst forecasts

Employers across the U.S. added 177,000 jobs in April, new federal data shows, a sign…

Chamber of Commerce asks Trump administration for tariff exclusions to “stave off a recession”

As Small Business Month kicks off, the Chamber of Commerce is speaking out against the…

Kohl’s fires CEO after investigation into conflicts of interest with vendors

Kohl's Corporation said Thursday it has fired CEO Ashley Buchanan for cause after an investigation found…

Apple violated injunction in antitrust case, judge finds

A federal judge has strongly rebuked Apple, finding that the iPhone maker willfully violated a…

Stock market slides after GDP data shows sharp drop in U.S. economic growth

Consumer confidence plunges amid tariffs How economic uncertainty amid tariffs is impacting consumer confidence 02:03…

China exports to U.S. plunge as tariffs hit, leading some experts to warn of product shortages

Shipments of goods from China to the U.S. are dropping sharply with the Trump administration's…

UPS cutting 20,000 jobs amid reduction in Amazon shipments

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of…

When is going to college not worth the money?

Getting a college education has traditionally been seen as a way to move up the…

IBM announces $150 billion investment in U.S. manufacturing, research

IBM on Monday announced that it will invest $150 billion in U.S. manufacturing to "fuel…

Could a $5,000 “baby bonus” convince Americans to have more kids? Here’s what the data shows.

Americans are having fewer babies, with the annual birth rate now standing near a record…

Trump’s first 100 days seen as bringing big changes, but still too much focus on tariffs — CBS News poll

Is 100 days enough time to evaluate this president? His supporters generally don't think so,…

Amazon sellers are hiking prices on hundreds of goods as tariffs bite

American consumers are starting to feel the impact of President Trump's tariffs on Chinese imports,…

DOGE says it has saved $160 billion. Those cuts have cost taxpayers $135 billion, one analysis says.

Elon Musk's Department of Government Efficiency, or DOGE, says it has saved $160 billion through…

Small businesses push for exemptions from Trump tariffs

Small business owners are begging for relief from steep new U.S. tariffs on foreign goods,…

Stock futures shed overnight gains, signaling weaker opening to trade

U.S. stock futures shed their early morning gains, falling into the red before the opening…

Pope Francis’ funeral could spur tourism spike among Americans headed to Rome

Pope Francis' funeral could be a boon for airlines but a pain for travelers. As the late…

Stock futures slide as China dashes hopes of trade negotiations

Momentum from a two-day relief rally in the stock market slowed considerably on Thursday, with…

Hundreds of colleges and universities issue letter condemning Trump’s “political interference”

Washington — Hundreds of U.S. universities and colleges, including Harvard, Princeton, Penn, Brown, MIT, Cornell…

These companies say they’re investing more in U.S. manufacturing as tariffs go into effect

Since the start of President Trump's second term in office, a number of corporations have…

Student loan borrowers in default face garnished wages, Education Department says

Washington — The Education Department will soon begin collecting payments for student loans that are…

IMF forecasts slower U.S. economic growth in 2025, pointing to escalating trade war

Entrepreneurs worried about surviving tariffs Some small business owners worried tariffs could force them to…

Stock market slumps as Trump renews criticism of Federal Reserve Chair Jerome Powell

Stocks fell sharply on Monday as Wall Street returned from a shortened trading week and…

Vance, Modi set to meet in India with Trump’s tariffs expected to take center stage

New Delhi — U.S. Vice President JD Vance arrived in India on Monday for a four-day…

Honda to shift Civic Hybrid production to U.S. from Japan

Canada car dealership braces for tariffs Canadian car dealership depicts anger over Trump tariffs 04:57…

Can Trump or the IRS strip Harvard of its tax-exempt status? Here’s what to know.

The battle between President Trump and Harvard University has moved to a new front, with…

Car buyers say they are not racing to the dealership amid tariffs

Car buyers say they are not racing to the dealership amid tariffs - CBS News…

Trump says Fed Chair Jerome Powell’s “termination cannot come fast enough”

President Trump took aim at Federal Reserve Chair Jerome Powell on Thursday, writing in a…

Trump is studying how to remove Fed Chair Jerome Powell, economic adviser says

President Trump and his team are studying whether firing Federal Reserve Chair Jerome Powell is…

Is the stock market open today on Good Friday? See what’s open and closed.

Dow Jones falls more than 500 points Dow Jones falls more than 500 points, fueled…

Eli Lilly says GLP-1 pill for diabetes and weight loss effective in study, plans to seek FDA approval

Eli Lilly and Co., the maker of Zepbound and Mounjaro, announced success Thursday of its…

Italy’s Giorgia Meloni to meet Trump at the White House with the weight of EU anxiety on her shoulders

Italian Prime Minister Giorgia Meloni was to meet at the White House on Thursday with…

U.S. consumers are “panic-buying” Korean beauty products amid Trump’s tariff war, retailers say

New York City — Skincare store Senti Senti in Brooklyn sells items you won't typically…

Worried about making the April 15 tax deadline? Here’s how to file an extension.

If you're still scrambling to get your taxes filed before the April 15 deadline, an…

Meta CEO Zuckerberg returns to witness stand, pushes back against FTC antitrust allegations

Meta CEO Mark Zuckerberg sparred Tuesday with a Federal Trade Commission attorney over the meaning…

China orders its airlines to stop accepting deliveries of Boeing jets, report says

Will Trump or Xi initiate tariffs talks? Will Trump or China's Xi initiate tariffs talks…

Mark Zuckerberg called to testify in Facebook parent Meta’s antitrust trial

Meta Platforms CEO Mark Zuckerberg took the stand Monday in a Washington, D.C., courtroom to…

Trump HHS eliminates office that sets poverty levels tied to benefits for at least 80 million people

President Donald Trump's firings at the Department of Health and Human Services included the entire…

Trump tariff plans bring concern about prices, financial impact, but GOP base sees jobs long-term — CBS News poll

Amid a tumultuous week in the markets, the outlook on President Trump's trade and tariff…

JPMorgan Chase’s Jamie Dimon says U.S. economy faces “considerable turbulence”

JPMorgan Chase CEO Jamie Dimon said the U.S. economy faces a critical stretch, while also…

U.S. exempts smartphones, computers from global Trump tariffs

Smartphones, computers and other electronics have been exempted from the Trump administration's escalating trade war…

Los Angeles-area residents crowdsource wildfire contamination data in battle with insurers

All sense of survivors' guilt was fleeting for those residents whose homes remained standing after…

Stocks cap a manic week with their best performance since November 2023

After one of the most turbulent weeks on Wall Street in recent history, stocks ended…

Consumers now face “tariff surcharges” for some goods as companies pass along costs

The Trump administration's volley of tariffs has U.S. companies scrambling for ways to absorb —…

Stock market plummets a day after huge gains on tariff pause announcement

U.S. stocks surrendered a chunk of their historic gains from the day before as President…

Inflation rate rose by 2.4% in March, CPI report shows. Here’s what that means.

The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in…

Stocks soar after Trump pauses “reciprocal tariffs” on most countries for 90 days

The stock market exploded higher on Wednesday to one of their best days in history…

China raises tariffs on U.S. goods to 84% in retaliation to Trump tariffs

China said it is raising its tariffs on U.S. products to 84%, up from its…

IRS acting commissioner resigning over Treasury’s plan to share immigrant tax data with ICE

The acting commissioner of the Internal Revenue Service is expected to resign after the agency…

Overseas financial markets and U.S. futures rebound somewhat after wild day on Wall Street

Overseas shares and U.S. futures advanced Tuesday, led by gains in Tokyo where the Nikkei…

Trump threatens to impose an additional 50% tariff on China

President Trump on Monday said the U.S. will apply an additional 50% tariff on imports…

U.S. stock futures sag, overseas markets plunge as tariff turmoil continues

Stocks in the U.S. look poised for another bruising day, with futures on leading indexes…

Argentinian president doubles down on Trump support, attends Mar-a-Lago event as the world reacts to tariffs

Europe vowed retaliation. China plotted tariffs of its own. Mexico scrambled to blunt the blow.…

Trump tells Americans to “hang tough” as 10% universal tariffs take effect

Some of the new tariffs announced by President Trump earlier this week went into effect…

Tostitos tortilla chips recalled after they may have been contaminated, Frito-Lay says

Frito-Lay issued a recall of some bags of Tostito's tortilla chips, saying the snack foods…

Wholesale egg prices are falling. Will consumers see some relief?

When announcing his latest round of tariffs on April 2, President Trump veered into the…

Stock market rout deepens as Dow plunges more than 2,200 points and Nasdaq enters bear market

Financial markets ended a tumultuous week with a thud, as stocks tumbled for a second…

Stock market shudders for second straight day as China strikes back against Trump tariffs

The stock market is poised for a second straight day of sharp declines amid mounting…

Amazon tells White House it’s interested in buying TikTok

Amazon has told the White House it is interested in buying TikTok ahead of a…

Stocks slide around the world as investors recoil from Trump tariffs

Financial markets around the world tumbled after President Trump on Wednesday announced a barrage of…

See the full list of reciprocal tariffs by country from Trump’s “Liberation Day” chart

Possible economic impact of new Trump tariffs Possible economic consequences of Trump's sweeping new tariffs…

What are reciprocal tariffs, and why does Trump want to impose them on other countries?

A core element of the protectionist trade policies President Trump is scheduled to announce on…

As Trump tariffs loom, here’s a price tracker for cars, groceries and more supplies

CBS News is tracking the already sharply rising cost of products most impacted by tariffs…

Ahead of Trump’s auto tariffs, are U.S. consumers rushing to buy cars?

President Trump's forthcoming tariffs on automobiles threaten to make cars more expensive, and some consumers are…

S&P 500 marks its worst quarter since 2022 amid tariff and inflation fears

Stocks whipsawed on Monday ahead of President Trump's plan to announce more tariffs on April…

Flight bookings between Canada and the U.S. plunge amid Trump’s trade war

Flight bookings between Canada and the U.S. are plunging amid rising trade tensions between the…

Americans want Trump’s focus more on prices, not tariffs; most approve of deportation efforts — CBS News poll

After a week that brought tough economic news and polling showing Americans' views of the economy are…

Federal judge blocks mass firings of Consumer Financial Protection Bureau workers

U.S. District Judge Amy Berman Jackson issued a preliminary injunction Friday that blocks the Trump…

Protesters rally against Elon Musk at Tesla showrooms over the continued U.S. government purge

Crowds protesting billionaire Elon Musk's purge of the U.S. government under President Trump began amassing…

Trump’s changes to the Social Security Administration has many seniors alarmed

North Liberty, Iowa — At the weekly senior lunch social in North Liberty, Iowa, chicken was…

UAW’s Shawn Fain slams Trump executive order targeting federal unions

Shawn Fain, the president of the United Automobile Workers, assailed a new executive order signed…

Which automakers are most susceptible to Trump’s 25% car tariffs?

President Trump on Wednesday announced 25% tariffs on vehicles and auto parts imported into the U.S. The…

Mega Millions price increase and new rules start in April. Here’s what it means for jackpots and odds.

Mega Millions will roll out several changes next month, including new ticket prices, jackpots and…

Stocks shift into reverse as Trump rolls out new auto tariffs

Stocks skidded in afternoon trading after the White House signaled that President Trump on Wednesday…

Trump announces 25% tariffs on foreign-made cars

President Trump on Wednesday said he will put a 25% tariff on automobiles and light…

Social Security chief nominee Frank Bisignano vows to run agency “in the right fashion”

President Trump's nominee to run the Social Security Administration, Frank Bisignano, faced questions about customer…

What to know about Signal, the app used by Trump officials to text war plans

An encrypted messaging app called Signal is drawing attention and questions after top Trump officials…

23andMe files for bankruptcy and will try to find a buyer

23andMe, a formerly high-flying genetic testing company, announced Sunday that it was declaring bankruptcy and…

Here’s how to delete your personal data, including your genetic sample, from 23andMe

How to delete your 23andMe data How to delete your 23andMe data 01:46 23andMe customers…

DoorDash and Klarna partner to offer an eat now, pay later plan

DoorDash and fintech company Klarna are joining forces to offer customers of the food delivery…

Investors are taking cover as economic concerns grow

Stocks closed in the green, eking out a small gain Friday and snapping a four-week…

ABLE accounts allow Americans with disabilities to save and invest. Here’s how.

Paul Safarik, 32, of Lincoln, Nebraska, has worked in the food industry since he was…

Family of Boeing whistleblower John Barnett accuses company of hounding him before he committed suicide

The family of a former Boeing quality control manager who police say killed himself after lawyers questioned…

In U.S. auto market, uncertainty reigns over the potential impact of Trump’s tariff war

Los Angeles — With a 25% tariff on imported vehicles and vehicle parts from Canada…

Dismantling Department of Education could cause chaos for Americans with student loans, experts warn

President Trump's executive order on Thursday starting the process of dismantling the Department of Education…

Segway recalls 220,000 scooters after mechanical glitch injures 20

Segway is recalling about 220,000 Segway scooters sold nationwide because the product's folding mechanism can…

Stocks waver as investors ponder what to make of rising economic uncertainty

For President Trump, the barrage of tariffs the U.S. is set to unleash on the country's…

Ben & Jerry’s claims Unilever unlawfully fired its CEO over political issues

Ben & Jerry's says its parent company Unilever unlawfully fired its CEO David Stever over…

Federal Reserve holds interest rates steady, but trims economic growth outlook

The Federal Reserve held its benchmark interest rate steady on Wednesday, with Chair Jerome Powell…

FDA to increase testing for heavy metals in infant formula, RFK Jr. says

The U.S. Food and Drug Administration will step up its testing for heavy metals in…

How close are we to a recession, and how will we know when we get there?

As tariff uncertainty continues to roil the stock market, some economists believe the U.S. could be…

Stocks continue to rebound, but Tesla shares head in reverse

Stocks on Monday continued to claw back some losses from last week, buoyed by data…

Trump tariffs could add more than $9,000 to cost of a new home, builders say

President Trump's tariff policies could make building or renovating a home in the U.S. more…

Trader Joe’s customers in 12 states warned about Gerolsteiner sparkling water bottles

Trader Joe's is cautioning customers that some glass bottles of Gerolsteiner sparkling water sold in…

Guinness sees a resurgence as more Americans are raising a pint of the iconic Irish stout

In its 266th year of brewing, Guinness is experiencing an unprecedented "golden age" in America,…

Student loan borrowers confused by suspension of some repayment plans. Here’s what to know.

The Trump administration's recent changes to student loans are causing frustration and confusion for some…

Consumer sentiment plunges to 2-year low amid tariff and inflation worries

U.S. consumer sentiment swooned in March to a more than two-year low, with a preliminary…

Here’s what a key index is saying about the economy

Some signs of the U.S. economy's trajectory, including consumer sentiment plunging to a two-year low, U.S.…

Tesla warns that Trump’s trade war could hurt U.S. automakers

Electric vehicle maker Tesla is warning that the Trump administration's trade policies could be detrimental…

10,000 Social Security Administration workers could accept buyout offer, former commissioner says

The Social Security Administration could soon lose as many as 10,000 workers, according to former…

Dollar General says some customers can no longer afford basic necessities

Dollar General has a particularly clear view into the pocketbooks of low-income Americans, given those…

Inflation rate rose by 2.8% in February, CPI report shows. Here’s what that means for price relief.

Inflation in February rose 2.8% on an annual basis, slightly lower than economists had forecast…

EPA to review landmark 2009 finding that greenhouse gases are a danger to public health

The Environmental Protection Agency on Wednesday said it would "formally reconsider" a landmark 2009 finding…

Here’s what to expect in the CPI report on Wednesday

Many are wondering if more tariffs will lead to more inflation Many are wondering if…

Social Security could soon take 100% of your benefit check if you’re overpaid. Here’s what to know.

Getting overpaid by Social Security will soon come at a high cost, with the agency…

China’s retaliatory tariffs are a direct hit to U.S. farmers

China's retaliatory tariffs went into effect Monday, spelling trouble for American farmers by making U.S.-grown…

Dow plunges more than 1,000 points, Nasdaq craters as recession fears batter stocks

U.S. stocks cratered Monday amid growing U.S. economic concerns and after President Trump declined to…

Big Tech’s big bet on nuclear power

Big Tech's big bet on nuclear power - CBS News Watch CBS News Faced with…

Big Tech’s big bet on nuclear power to fuel artificial intelligence

It might have seemed like one of the weirder headlines of 2024: Microsoft is paying…

Federal Reserve Chair Jerome Powell says interest rates on hold amid rise in economic uncertainty

Federal Reserve Chair Jerome Powell said Friday that the central bank can remain patient in…

Social Security says it will restart clawing back 100% of overpayments to beneficiaries

What is the best time to claim your social security? What is the best time…

Employers added 151,000 jobs in February, missing forecasts

Employers across the U.S. added 151,000 jobs in February, below economists' forecasts and pointing to…

Tariffs are likely to push auto prices higher. Should you buy a new car now?

Buying a car can be a fraught financial decision even in the best of times.…

Walgreens agrees to be acquired by private equity firm Sycamore Partners for nearly $10 billion

Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore…

Americans borrowed $74 billion last year to cover their health care costs

Health care is so expensive that 31 million U.S. adults, or 12%, had to borrow…

Trump tariffs will mean higher prices for U.S. consumers, major retailers say

Businesses large and small are bracing for the impact of the Trump administration's new tariffs…

Trump offers one-month tariff exemption to U.S. automakers

President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs…

Trump’s tariffs on Canada, China and Mexico draw quick retaliation, as Trudeau calls them a “dumb thing to do”

President Trump's imposition of blanket 25% tariffs on all goods imported from Canada and Mexico…

BlackRock strikes $23 billion deal to place Panama Canal ports under American control

The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell…

Avoiding Trump’s tariffs, some Chinese companies relocate to Cambodia’s “Special Economic Zone”

Phnom Penh, Cambodia — A convoy of semi-trucks passed by as our CBS News team drove…

Trump says tariffs on Mexico and Canada will go into effect overnight as planned

Washington — President Trump said Monday that he has decided to move forward with 25%…

Trump says he’s considering these 5 cryptocurrencies for new U.S. “strategic reserve”

President Trump on Sunday named five cryptocurrencies under consideration for a new U.S. "strategic reserve,"…

“It’s the pictures that got small”: How movies have changed in the era of streaming

Hollywood has been re-inventing itself for more 100 years. Change is part of the culture.…

Microsoft is shutting down Skype after buying it 14 years ago for $8.5 billion

Microsoft is pulling the plug on Skype, the pioneering Internet telecommunications and video call platform…

U.S. set to unleash tariffs on Canada, Mexico and other countries. Economists are worried.

President Trump threatens major tariff increases on Mexico, Canada President Trump threatens major tariff increases…

The PCE report, the Fed’s preferred inflation measure, is out. Here’s what it says.

The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, rose 2.5% in January…

Who is John Schwarz, the man behind today’s Feb. 28 Economic Blackout and founder of People’s Union USA?

Who's behind the "Feb. 28 Economic Blackout" and what are the goals? Who's behind the…

Trump proposes offering $5 million “gold card” to wealthy immigrants. Here’s how it would work.

President Trump on Tuesday unveiled a new pathway to residency: a "gold card" aimed at…

Elon Musk to retired air traffic controllers: Please come back to work

Elon Musk, who has been tasked with leading the Department of Government Efficiency, is pleading for…

Elon Musk’s Starlink in line for deal with FAA, raising potential ethical concerns

Elon Musk's Starlink satellite internet service could take over a Federal Aviation Administration contract to…

Slack outage takes down widely using messaging app

Slack, the widely used workplace messaging app, went down Wednesday in a widespread outage that…

Consumer confidence plunged in February amid rising economic concerns

U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years,…

Apple shareholders reject proposal to scrap DEI program

Apple shareholders on Tuesday rejected a proposal to end the iPhone maker's diversity, equity and…

Listeria outbreak linked to recalled frozen shakes now blamed for 12 deaths

A listeria outbreak linked to recalled frozen supplemental nutrition shakes has infected 38 people, killing…

Millions of Avast antivirus software customers are getting a refund. Here’s why.

Millions of Americans who purchased antivirus software from Avast may be eligible for compensation due…

Ford, Rivian recall more than 250,000 vehicles in the U.S. over seatbelt, headlight issues

Ford and Rivian have issued recalls affecting a total of about 257,000 vehicles in the…

Why is the stock market down today? S&P 500 and Dow slide in worst day of 2025.

Stocks tumbled on Friday after weaker-than-expected economic reports suggested that President Trump's policies could be…

Frozen shakes sold to nursing homes recalled after listeria outbreak linked to 11 deaths

What to know about U.S food safety What to know about recall concerns, U.S food…

Will the expected IRS staff cuts delay my 2025 tax refund?

Tax filing season is upon us, and some people are worried it may take longer…

Tesla recalls more than 376,000 vehicles over potential loss of steering power

Tesla is recalling more than 376,000 vehicles because a possible loss of power steering that…

Over 6,000 IRS employees expected to be terminated by end of week

Over 6,000 Internal Revenue Service employees are expected to be terminated by the end of…

Airlines look to remove consumer protections for travelers who use wheelchairs

The nation's largest airlines are looking to rescind new consumer protection rules for travelers with…