Category: Finance

Flying on a Boeing 737 Max 9? Here’s what to know.

For the first time since Boeing 737 Max 9 jetliners were grounded after a mid-air…

Alaska Airlines returns the 737 Max 9 to service with Seattle to San Diego flight

Alaska Airlines returned the 737 Max 9 aircraft to service, with the first flight leaving…

New Hampshire vet admits he faked wheelchair use for 20 years, falsely claiming $660,000 in benefits

Girl surprises Pennsylvania World War II veteran with 100 cards for his 100th birthday Girl…

Economic growth continues, as latest GDP data shows strong 3.3% pace last quarter

The nation's economy grew at an unexpectedly brisk 3.3% annual pace from October through December…

WWE’s Vince McMahon accused of sexual assault and trafficking by former employee. Here are 5 lawsuit details.

WWE founder Vince McMahon is accused by a former employee of sex trafficking. The former…

Netflix wants to retire basic ad-free plan in some countries, shareholder letter says

Netflix users in some countries will soon have to pay more to watch TV and…

14 states are cutting individual income taxes in 2024. Here are where taxpayers are getting a break.

Taxpayers in 14 states could get some financial relief this year thanks to lower individual…

Pastor of online church faces fraud charges for selling $3.2 million in “worthless” cryptocurrency

A Colorado pastor of an online church is challenging allegations that he and his wife…

More than 580,000 beds sold at Walmart, Wayfair and Overstock recalled because they can break or collapse

More than 580,000 beds sold at retailers including Walmart and Wayfair are under recall because…

Biden forgives $5 billion more in student loan debt. Here’s who qualifies and how to apply.

Jill on Money: A new student loan forgiveness plan for borrowers Jill on Money: A…

Here’s how much Walmart store managers will earn this year

Some people go into fields like medicine or engineering in hopes of earning top dollar.…

Wall Street closes out week on record upswing

Wall Street closes out week on record upswing - CBS News Watch CBS News The…

Biden says he is forgiving $5 billion in student debt for another 74,000 Americans

Washington — President Biden announced Friday that his administration is forgiving $5 billion in student…

S&P 500 notches first record high in two years in tech-driven run

What to expect from the economy in 2024 Interest rate cuts? Financial expert on what…

Sports Illustrated lays off most or all of its workers, union says

The publisher of Sports Illustrated plans to lay off most or all of the iconic…

Drugmakers hiking prices for more than 700 medications, including Ozempic and Mounjaro

Fighting rising prescription drug costs Fighting rising prescription drug costs 07:59 Pharmaceutical companies are hiking…

Woman alleges long-term heart problems caused by Panera Bread’s caffeinated lemonade

A Rhode Island woman is suing Panera Bread, alleging the restaurant chain's caffeinated Charged Lemonade…

Samsung debuts Galaxy S24 smartphones with built-in AI tools

Samsung on Wednesday unveiled its latest lineup of Galaxy smartphones featuring a suite of baked-in…

Why Teslas and other electric vehicles have problems in cold weather — and how EV owners can prevent issues

Extreme cold drives car concerns in Chicago Extreme cold drives car concerns in Chicago 02:26…

Another rough day for travelers as airlines cancel more than 2,200 flights

Widespread flight cancellations continued Tuesday as a winter storm pummeled the eastern U.S., causing headaches…

Apple to remove pulse oximeter from watches to avoid sales ban

Apple Watch patent dispute enters 4th year Where Apple Watch patent dispute stands after 4…

Airlines scrap thousands of flights as wintry weather disrupts travel

Winter weather advisory for dangerous cold and wintry mix Winter weather advisory for dangerous cold…

How much do surrogates make and cost? People describe the real-life dollars and cents of surrogacy.

Ash Semione's path to becoming a gestational surrogate began when her brother and sister-in-law struggled…

Citigroup to cut 20,000 jobs by 2026 following latest financial losses

Low unemployment streak extends another month Low unemployment streak extends another month 02:47 Citigroup is…

Purina refutes “online rumors,” says pet food is safe to feed dogs and cats

Spike in abandoned dogs seen nationwide Spike in abandoned dogs seen nationwide 02:44 Purina is…

Supreme Court to hear case on Starbucks’ firing of pro-union baristas

The Supreme Court on Friday agreed to hear Starbucks' appeal of a court order requiring…

Quaker Oats recalls more granola products due to salmonella risk

Quaker Oats expands granola product recall Quaker Oats expands granola product recall due to salmonella…

CVS closing dozens of pharmacies inside Target stores

CVS closing dozens of its Target pharmacies in 2024 CVS closing dozens of its Target…

U.S. inflation higher than expected in December as food and housing prices run hot

Higher rents and food prices boosted overall U.S. inflation in December, a sign that the…

Trump speaks at closing arguments in New York fraud trial, disregarding limits

Former President Donald Trump disregarded restrictions imposed by the judge overseeing his civil fraud trial…

What is a spot bitcoin ETF, and how will its approval by the SEC impact investors?

The Securities and Exchange Commission on Wednesday granted approval to spot bitcoin exchange-traded funds, or…

Benny T’s dry hot sauces recalled over undisclosed wheat allergy risk

Vesta Fiery Gourmet Foods is recalling several types of its Benny T's dry hot sauces…

Glassdoor unveils the best places to work in 2024. Here are the top 10 companies.

With the U.S. labor market ending 2023 on a high note and the jobless rate holding steady…

Wayne LaPierre to resign from NRA ahead of corruption trial

NRA director to step down ahead of civil trial NRA director to step down ahead…

Some Verizon customers can claim part of $100 million settlement. Here’s how.

Verizon customers may be eligible for small payment in fee overcharging settlement Verizon customers may…

As gun violence increases, active shooter defense industry booms

A 6th grader was killed and five others were injured in a shooting at Perry…

Peloton shares jump as it partners with TikTok on fitness content

Peloton Interactive and TikTok are teaming to develop fitness content, the exercise equipment maker and…

After exit of Claudine Gay, Bill Ackman paints bull’s-eye on diversity programs

Billionaire hedge fund manager Bill Ackman, a ringleader in the campaign to oust former Harvard…

SpaceX illegally fired workers who criticized Elon Musk, federal labor watchdog says

Federal labor regulators allege that SpaceX illegally fired employees who publicly criticized Elon Musk, the…

Saved $1 million for retirement? Here’s where your money will last the longest around the U.S.

Retirement saving tips in your 20s and 30s Maximizing your retirement contributions throughout your career…

Elon Musk’s X worth 71.5% less than it was when he bought the platform in 2022, Fidelity says

X, the social media platform formerly known as Twitter, is now worth an estimated 71.5%…

The FAFSA for the 2024-25 academic year is arriving. Some big changes may impact your student’s financial aid.

The college financial aid form filled out annually by millions of families is getting an…

These were some of the most potentially dangerous products recalled in 2023

Although U.S. consumers buy products on the assumption that they are safe, potentially dangerous items…

Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids

Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from…

What’s open on New Year’s Eve? Stores, restaurants and fast food places ringing in 2024 with open doors.

Designing the iconic New Year's Eve ball Master craftsman on designing the iconic New Year's…

2023 a mixed bag for Wall Street, U.S. economy

2023 a mixed bag for Wall Street, U.S. economy - CBS News Watch CBS News…

Feds say they won’t bring second trial against Sam Bankman-Fried

A second trial of FTX founder Sam Bankman-Fried on charges not in the cryptocurrency fraud…

Retailers shuttered 4,600 stores this year. Here are the stores that disappeared.

This year was a rough one for some major retailers, as illustrated by an 80%…

Almost 5 million blenders sold at Costco, Target and Walmart are recalled because blades are breaking off

BlendJet Inc. is recalling about 4.8 million portable blenders sold at Costco, Target and Walmart…

Social media apps made $11 billion from children and teens in 2022

When it comes to children's mental health and privacy, their loss translates into massive gains…

Apple Watch ban is put on hold by appeals court

Apple won a temporary reprieve in the legal battle over its Apple Watch product, with…

Amazon to show ads in Prime Video movies and shows starting January 29, 2024

Expert advice: Update your subscriptions Expert advice: Update your subscriptions 02:28 Amazon will begin airing…

Biden administration allows ban on some Apple Watch imports to take hold

Apple appeals U.S. ban on watch imports Apple appeals U.S. ban on watch imports over…

Americans opened their wallets for holiday spending, defying fears of a pullback

Shoppers weren't entirely tight fisted during the holiday season, despite the ongoing pressure of inflation…

Is anything open on Christmas Day? Store and restaurant chains whose doors are open today.

You'll need $46,000 to afford the 12 Days of Christmas You'll need $46,000 to afford…

Southwest Airlines cancels hundreds of flights, disrupting some holiday travelers

Christmas Day flight delays, cancellations at Chicago airports Christmas Day flight delays, cancellations at Chicago…

Hermès scion wants to leave fortune to his ex-gardener. These people also chose unexpected heirs.

Nicolas Puech, a descendent of France's Hermès family, one of the richest clans in Europe,…

What’s open on Christmas Eve 2023? See the hours for major stores and restaurants.

Tips for last-minute holiday shopping Tips for last-minute holiday shopping 04:27 With the arrival of…

“Super Saturday” brings out droves of Christmas shoppers

"Super Saturday" brings out droves of Christmas shoppers - CBS News Watch CBS News Shoppers…

Wayfair CEO’s holiday message to employees: Work harder

Wayfair's chief executive sent a bracing year-end message to the furniture chain's more than 14,000…

Tesla recalls more than 120,000 vehicles because doors can unlatch in a crash

Tesla is recalling 120,423 vehicles because the doors can unlatch and open in a crash,…

Honda recalls 2.5 million cars because of stalling risk. See if your car is one of them.

Honda recalls 2.5 million vehicles Honda recalls 2.5 million vehicles over fuel pump issue 00:21…

Giuliani ordered to immediately pay $148 million to Georgia election workers he defamed

Rudy Giuliani must immediately pay $148 million to two Georgia election workers he defamed, with…

Toyota recalls 1 million Toyota and Lexus vehicles because air bag may not deploy properly

Toyota recalls 1 million vehicles Toyota recalls 1 million vehicles over air bag issue 00:27…

Honda recalls 106,000 CR-V hybrid SUVs because of potential fire risk. Here’s what to know.

Honda Motor's U.S. unit is recalling roughly 106,000 CR-V hybrid sport utility vehicles because of…

Rite Aid “covert surveillance program” falsely ID’d customers as shoplifters, FTC says

Rite Aid is banned from using facial recognition surveillance technology for five years to settle…

13 tons of TGI Friday’s brand chicken bites recalled because they may contain plastic

Simmons Foods is recalling more than 13 tons of TGI Friday's-branded boneless chicken bites sold…

Southwest Airlines in $140 million deal with feds over 2022 holiday travel meltdown

Southwest Airlines will pay a $35 million fine as part of a $140 million agreement…

Japanese steel company purchasing Pittsburgh-based U.S. Steel in deal worth nearly $15 billion

Japanese steel company purchasing Pittsburgh-based U.S. Steel in deal worth nearly $15 billion Japanese steel…

Homelessness in America reaches record level amid rising rents and end of COVID aid

Homelessness in America reached a new record earlier this year partly due to a "sharp…

Quaker Oats recalls some granola bars and cereals nationwide over salmonella risk

The Quaker Oats Company said Friday that it is recalling some granola bars and granola…

What does it take to get into an Ivy League college? For some students, a $750,000 consultant.

Ways to secure a scholarship, as cost of college soars Ways to secure a scholarship,…

What is Rudy Giuliani’s net worth in 2023? Here’s a look into his assets amid defamation trial.

Rudy Giuliani followed his time in public service with a lucrative career in the private…

WeightWatchers launches program for users of Ozempic and other weight-loss drugs

For those who thought Ozempic would spell the end of diet programs, think again.WeightWatchers this…

Proposing? Here’s how much a lab-grown equivalent to a natural diamond costs — and why.

More consumers are gravitating toward man-made diamonds for their striking similarity to natural rocks and…

Offshore wind farm projects face major hurdles amid tough economic climate

Long Island, New York — Thirty-five miles off the coast of Long Island, an 800-foot…

Coca-Cola recalls 2,000 Diet Coke, Sprite, Fanta Orange soda packs

Coca-Cola is recalling 2,000 cases of Diet Coke, Sprite and Fanta Orange soda cans because…

Drive a Tesla? Here’s what to know about the latest Autopilot recall.

If you own or drive a Tesla, your vehicle's software is likely in need of…

Tesla recalling more than 2 million vehicles to fix Autopilot safety problem

Detroit — Tesla is recalling more than 2 million vehicles across its model lineup to…

UAW accuses Honda, Hyundai and VW of union-busting

UAW to organize workers at all US nonunion factories after winning new contracts in Detroit…

Inflation eased in November as gas prices fell

U.S. consumer inflation moderated in November as gas prices fell, illustrating a further cooling of…

Google’s Android app store benefits from anticompetitive barriers, jury in Epic Games lawsuit says

A federal court jury has decided that Google's Android app store has been protected by…

Tucker Carlson says he’s launching his own paid streaming service

Tucker Carlson is debuting his own subscription streaming service called the Tucker Carlson Network, with…

CBS News poll finds Americans feel inflation’s impact on living standards, opportunities

Inflation's impact may even go beyond the immediate pressure on Americans' pocketbooks, to a larger…

Consumer spending will be merry and bright this holiday season, economists predict

Consumer spending will be merry and bright this holiday season, economists predict - CBS News…

McDonald’s is opening a new chain called CosMc’s. Here are the locations and menu.

McDonald's said it is opening a new chain called CosMc's that will focus on coffee…

Taylor Swift sets record as Eras Tour is first to gross over $1 billion, Pollstar says

It's been a good year for Taylor Swift. Swift's Eras Tour is the first tour to…

Lobbying group overstated how much “organized” shoplifting hurt retailers

A national trade group representing retailers incorrectly attributed half of all industry losses two years…

Here’s the average pay raise employees can expect in 2024

With prices still running hot around the U.S., millions of workers are counting on a large…

The U.S. economy has a new twist: Deflation. Here’s what it means.

After grappling with high inflation for more than two years, American consumers are now seeing…

Facebook and Instagram are steering child predators to kids, New Mexico AG alleges

Facebook and Instagram are steering children to explicit content even when no interest is expressed,…

Senators probe private equity hospital deals following CBS News investigation

The top Democrat and Republican on a powerful Senate committee launched a wide-ranging investigation into…

These were top campaign themes on GoFundMe in 2023

Since launching in 2010, GoFundMe has become a widely used crowdfunding platform where people can…

When is the Christmas shipping deadline for 2023? See the last days to order and mail packages.

Retailers telling customers to keep returns Retailers letting customers keep unwanted items and refunding them…

More U.S. companies no longer require job seekers to have a college degree

Employers across a range of industries are dropping a job requirement once considered a ticket…

The crypto industry is in the dumps. So why is bitcoin suddenly flying high?

Although the cryptocurrency industry remains shadowed by recent blowups and controversy, the world's most important…

It’s been a brutal year for homebuyers. Here’s what experts predict for 2024, from mortgage rates to prices.

New real estate data shows sellers incurring more losses, sales down New real estate data…

Wall Street’s big gains has investors bullish

Wall Street's big gains has investors bullish - CBS News Watch CBS News The Dow…

What to know about the widening cantaloupe recall over deadly salmonella risks

Consumers who eat cantaloupe are advised to be on high alert following a spate of…

Auto industry eyes subscription fees as future multi-billion-dollar revenue stream

Los Angeles — Jason Luu's 2020 Volvo XC90 has state-of-the-art remote features, such as the…

Walmart says it has stopped advertising on Elon Musk’s X platform

Walmart said Friday that it is scaling back its advertising on X, the social media…

Ronaldo hit with $1 billion class-action lawsuit for endorsing Binance NFTs

Portuguese soccer star Cristiano Ronaldo is facing a class-action lawsuit seeking at least $1 billion…

Dow jumps 520 points as investors cheer inflation slowdown

Rate hike pause could be good for your 401(k) How rate hike pause could be…

Elon Musk says advertiser boycott at X could “kill the company”

Elon Musk faces backlash over X post Elon Musk faces backlash from lawmakers, companies over…

How to turn off iPhone’s new NameDrop feature, the iOS 17 function authorities are warning about

Police warning parents to turn new iPhone feature off on kids' phones New iPhone feature…

Americans need an extra $11,400 today just to afford the basics

The typical American household must spend an additional $11,434 annually just to maintain the same…

Charlie Munger, Warren Buffett’s right-hand man at Berkshire Hathaway, dies at 99

Charlie Munger, long regarded as CEO Warren Buffett's right-hand man at Berkshire Hathaway, died Tuesday…

Cyber Monday is the biggest online shopping day of the year — thanks to deals and hype

Consumers are scouring the internet for online deals as they begin to cap off the…

Meta deliberately targeted young users, ensnaring them with addictive tech, states claim

Meta accused of engineering social media platforms to hook kids Meta accused of engineering social…

Schools in Portland, Oregon, and teachers union reach tentative deal after nearly month-long strike

Oregon's largest school district said late Sunday it had reached a tentative agreement with its…

Ex-Binance CEO Changpeng Zhao asks judge to let him leave U.S. before sentencing for money laundering

Attorneys for former Binance CEO Changpeng Zhao are asking a federal judge to permit the…

Shoppers flock to malls over Thanksgiving weekend

Shoppers flock to malls over Thanksgiving weekend - CBS News Watch CBS News While a…

Honda recalls more than 300,000 Accords and HR-Vs over missing seat belt piece

Honda is recalling several hundred thousand 2023-2024 Accord and HR-V vehicles due to a missing…

Americans expected to increase spending this holiday season

Americans expected to increase spending this holiday season - CBS News Watch CBS News According…

Here’s how much shoppers plan to spend between Black Friday and Cyber Monday

Despite mounting financial pressures, holiday shoppers say they are planning to shell out more money…