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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 television editor in…
The buzz over annoying corporate buzzwords
Hey, Team! Huddle up! I want to leverage this platform and give an ROI on your time! Corporate…
Trump says he’s doubling steel tariffs to 50% during visit to U.S. Steel mill near Pittsburgh
President Trump announced that he would be doubling tariffs on steel to 50% as he visited a U.S.…
CBS News price tracker shows how much food, gas, utility and housing costs are rising
Prices may still rise despite tariff reversal Despite tariff reversal, some prices could still increase. Here’s why. 01:53…
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 this winter —…
Here’s what to know about Trump’s tariffs after a U.S. trade court rules them illegal
President Trump’s sweeping tariffs on goods imported from almost every foreign nation have been ruled illegal by the…
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 — a once-fringe…
GameStop purchases more than $500 million in bitcoin in first crypto push
GameStop on Wednesday announced it has bought 4,710 bitcoin, worth over $500 million, as the video game retailer…
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, which usually give…
Tesla’s monthly sales in Europe plunge by almost 50% amid protests and backlash against Elon Musk
Tesla sales across Europe plummeted by almost 50% last month even as the broader market for electric cars…
Trump pauses tariffs on European Union goods after negotiations
Trump pauses tariffs on European Union goods after negotiations – CBS News Watch CBS News Negotiators from the…
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, Memorial Day means…
Delta Air Lines’ 100th year takes flight
When you picture a garage sale, you might think of your neighbor’s driveway down the street, not an…
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 of what he…
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 because product testing…
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 home lenders Fannie Mae and Freddie Mac public, winding down…
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 time aimed…
Trump threatens to hit Apple with 25% tariff on iPhones made outside U.S.
President Trump threatened to impose a fresh round of tariffs Friday morning, including a 25% tariff on Apple…
U.S. beef prices reach record highs as cattle industry struggles to keep costs down
Fort Worth, Texas — The dinner shopping list for Darlowe Torkelson and his wife was short. At today’s…
Walmart to lay off roughly 1,500 employees from its corporate tech workforce
Walmart raising prices amid tariff uncertainty Walmart plans to raise prices as tariff uncertainty looms over upcoming holidays…
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 planning on taking…
Fast-food isn’t so affordable anymore. Here are the U.S. cities where prices are the highest.
Like Subway’s $5 footlong, affordable fast-food may soon be a thing of the past. The average price of…
Trump won’t force Medicaid to cover GLP-1s for obesity. A few states are doing it anyway.
CHARLESTON, S.C. — When Page Campbell’s doctor recommended that she try an injectable prescription drug called Wegovy to…
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 a reality check…
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 Monday, with the…
Housing, nutrition in peril as Trump pulls back Medicaid social services
During his first administration, President Trump’s top health officials gave North Carolina permission to use Medicaid money for…
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 Watch 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 “eat the tariffs”…
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 the government’s growing…
Calligraphy created by assassin while awaiting execution breaking auction records in South Korea
Calligraphy by a South Korean independence hero, created while awaiting execution for assassinating a Japanese leader, is breaking…
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 to raise prices…
Toxic environments are pushing workers to speak up. Here’s what to know.
One week into a new job, Lisa Grouette discovered something missing come Sunday night: the sinking feeling of…
These airlines had the most and least passenger complaints in 2024
Flying can be a hassle even under the best of circumstances. When trips are marred by delays, cancellations…
Waymo recalls roughly 1,200 self-driving vehicles prone to hitting road barriers
Inside driverless Waymo as company plans expansion Inside self-driving Waymo ride as company looks to expand to highways…
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 expected…
United Airlines unveils Polaris Studio suites for premium travelers. See inside the cabin.
United Airlines is adding some extra bells and whistles to its new Boeing fleet. The Chicago-based company announced…
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, the company announced…
8 U.S. cities where you need to earn at least $100,000 to live comfortably
With home prices near a record high and mortgage rates remaining elevated, renting a place to live around…
U.S. and China to ease tariffs significantly for 90 days, White House announces
The U.S. and China have agreed to a temporary but significant easing of the tariffs imposed over the…
Small business owners on damage from Trump’s tariffs
Beth Benike is a mom, a veteran, and a small business owner – and she’s sounding the alarm.…
Why the U.S.-U.K. trade deal may not be as good as it sounds
President Trump on Thursday hailed his new trade pact with the U.K. as a “maxed out deal” that…
Chinese exports plunge as U.S. retailers cancel orders amid steep tariffs
Chinese exports to the U.S. plunged in April, as steep tariffs on China make it too costly for…
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% Tariff on…
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 by President Trump…
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 Britain, which could…
Many companies plan to pass tariff costs on to consumers, economic data shows
President Trump claims that other countries and exporters to the U.S. will largely pick up the cost of…
Bessent and Lutnick sent plan for U.S. sovereign wealth fund — but White House has pushed back
Top advisers have sent President Trump a plan to create a government-run investment fund, a request the president…
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 from President Trump…
Trump slams Newsom after California governor proposes federal film tax credit to “Make America Film Again”
President Trump slammed Gavin Newsom on Tuesday just hours after the California governor asked for collaboration on a…
Trump wants the Fed to cut rates on Wednesday. Will Jerome Powell oblige?
President Trump has been pushing the Federal Reserve to cut interest rates, writing on social media last month…
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 its tax auditors…
Social Security to reduce overpayment clawbacks to 50%, down from 100%
The Social Security Administration is retreating from a recent policy change on the agency recovering overpayments that sparked…
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. movie industry “is…
The winning formula of Wegmans
The winning formula of Wegmans – CBS News Watch CBS News Wegmans, founded as a produce cart in…
“CBS Weekend News” headlines for Saturday, May 3, 2025
“CBS Weekend News” headlines for Saturday, May 3, 2025 – CBS News Watch CBS News Here’s a look…
Warren Buffett announces he’ll step down as Berkshire Hathaway CEO, says he wants Greg Abel as replacement
Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday he plans to step down as CEO. Buffett,…
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 years. The family-run…
Stocks jump after government data shows strong April job growth
Stocks climbed on Wall Street Friday after new government data showed U.S. employers continued to hire at a…
Kohl’s fires CEO Ashley Buchanan after investigation into conflicts of interest with a vendor
Kohl’s Corporation said Thursday it has fired CEO Ashley Buchanan for cause after an investigation found he had…
Starbucks’ latest strategic pivot involves less automation, more baristas
Starbucks is rethinking the role of “innovation” in running a coffee chain. After rolling out a new system…
Apple violated injunction in antitrust case, judge finds
A federal judge has strongly rebuked Apple, finding that the iPhone maker willfully violated a court injunction in…
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 General Motors is…
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 steep tariffs in…
Southwest Airlines lists new fare options after nixing open seating last year
Details on Southwest checked bag changes Details on changes to Southwest’s checked bags policy 03:33 Southwest Airlines, once…
When is going to college not worth the money?
Getting a college education has traditionally been seen as a way to move up the economic ladder. But…
Martinelli’s recalls 170,000 apple juice bottles over risk of toxic substance from fungi
Recalls for Martinelli apple juice, Mauna Loa macadamia nut products Recalls for Martinelli apple juice, Mauna Loa macadamia…
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 low. It’s a…
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, but others do…
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, especially online. Since…
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 its push to…
Small businesses push for exemptions from Trump tariffs
Small business owners are begging for relief from steep new U.S. tariffs on foreign goods, saying the higher…
Wall Street’s three-day relief rally fades amid trade uncertainty
U.S. stocks whipsawed on Friday, signaling an end to a three-day rally that was driven by investor hopes…
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 pontiff…
Stocks shed early gains but still close higher
The stock market surged early Wednesday but then steadily lost momentum as investors digested news of a possible…
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 and Tufts issued…
Treasury chief Scott Bessent says U.S. has an “an opportunity for a big deal” with China
Treasury Secretary Scott Bessent on Wednesday said the Trump administration has an “opportunity for a big deal” on…
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 in default, including…
Stocks rebound a day after Trump attack on Powell triggers major sell-off
Stocks experienced a major rebound on Tuesday as investors pushed past President Trump’s latest attack on Federal Reserve…
Harvard sues Trump administration, alleging unlawful actions in freezing funding
Harvard University on Monday said it has filed a lawsuit against the Trump administration, alleging that it unlawfully…
Dow drops 1,000 points 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 President Trump renewed…
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 Honda Motor this…
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 the IRS now…
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 Watch 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 social media post…
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 an option, according…
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 by UnitedHealth tumble…
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 Phase 3 clinical…
Italy’s Giorgia Meloni meets with Trump at the White House amid EU anxiety
Italian Prime Minister Giorgia Meloni is meeting at the White House on Thursday with President Trump, in what…
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 find at other…
Spotify outage affects thousands of users. Company denies it’s been hacked.
Spotify releases its 2024 review What to know about Spotify’s top artists, songs and albums of the year…
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 of emails the…
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 as trade war…
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 defend his social…
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 office that sets…
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 policy hinges not…
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 warning of the…
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 — and if possible…
U.S. exempts smartphones, computers from global Trump tariffs
Bond market signals tariffs’ economic impact Bond market signals economic impact of Trump’s tariffs 06:23 Smartphones, computers and…
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 wildfires ripped through…
Stock market shudders as China jacks up tariffs on U.S. to 125%
For China, soaring U.S. tariffs are a “joke,” as Chinese officials put it Friday in sharply hiking levies…
Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during market meltdown
Rep. Marjorie Taylor Greene, an avid supporter of the Trump administration’s trade policies, not only bought stocks last…
Boutique vet clinics spruce up pet care with Prosecco, snazzy waiting rooms and bespoke pricing
When Kathleen Whitman’s daughter’s Bernadoodle, Cody, swallowed a Kong toy, the family faced a veterinary emergency requiring immediate…
Trump pauses most of his new tariffs for 90 days, increases China tariffs to 125%
President Trump on Wednesday announced a 90-day pause on most of his new tariffs, and a lowering of…
Stocks gyrate as nervous investors eye intensifying trade war
The stock market rallied on Wednesday, amid morning volatility as investors nervously eye President Trump’s growing trade war,…
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 disclosed that it…
Stocks rebound as Treasury chief Bessent says tariff negotiations could bring “good deals”
Stocks are rebounding Tuesday after investors suffered a three-day sell-off that wiped out trillions in market value amid…
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 from China if…
Stock market whipsaws in early trading as economists cite recession risks
Stocks in the U.S. swung sharply in early trade Monday, gyrating between losses and gains as investors sought…
Asian stock markets slide, U.S. futures retreat as tariff turmoil continues
Overseas financial markets plunged in early trading Monday, while U.S. stock futures came under renewed selling pressure after…
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 Saturday, triggering customs…
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 may have been…
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. But while the…
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 subject of eggs,…
Dow Jones drops nearly 1,500 points as stock market rout deepens
Stocks in the U.S. opened sharply lower on Friday, extending a slide from the previous trading session triggered…
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 key deadline by…
Dow Jones plunges more than 1,400 points as stock market reacts to Trump tariff shock
The Dow Jones Industrial Average plunged 1,473 points, or 3.5%, to 40,751, shortly after trade opened Thursday as…
Trump announces new tariffs on what he calls “Liberation Day” amid fears of higher prices
Washington — President Trump on Wednesday announced the U.S. will impose a minimum baseline of 10% tariffs on…
Trump tariffs weigh on stocks as “Liberation Day” looms
“Liberation Day” has investors heading toward the exits. Stocks slid in early trading as investors brace for President…
Hooters files for bankruptcy but says it’s “here to stay”
Hooters, the U.S.-based restaurant chain known for chicken wings and “Hooters Girls” skimpy wait-staff outfits, has filed for…
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 responding by…
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 2, with the…
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 two allied nations.…
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 administration from dismantling…
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 still…
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 outside Tesla dealerships…
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 this week by…
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 this week by…
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 on the…
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 new…
Trump’s tariffs won’t just raise car prices, but auto insurance rates, experts say
Chicago — Steve Walter’s family has been fixing cars on Chicago’s North Side for 70 years. “I’m fourth…
Social Security’s overpayments policy takes effect today. Experts say it could hurt seniors.
Some Social Security recipients could soon find themselves in the crosshairs of a policy that advocates for seniors…
Trump announces 25% tariffs on foreign-made cars
President Trump on Wednesday said he will put a 25% tariff on automobiles and light trucks imported into…
Consumer confidence slumps to 12-year low as Americans fret over their financial prospects
Americans are increasingly anxious about their financial prospects, with a closely watched gauge of consumer confidence slumping to…
Who is Frank Bisignano, Trump’s nominee to oversee Social Security?
President Trump’s nominee to run the Social Security Administration (SSA), Frank Bisignano, vowed to crack down on fraud…
Social Security nominee Frank Bisignano set to face Senate confirmation hearing. Here’s how to watch.
President Trump’s nominee to run the Social Security Administration, Frank Bisignano, will face a Senate hearing on Tuesday…
Here’s how to delete your personal data and genetic sample from 23andMe
23andMe bankruptcy prompts alarm over data privacy 23andMe bankruptcy is “privacy nightmare,” consumer advocate warns 02:18 23andMe customers…
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 that it would…
Investors are taking cover as economic concerns grow
Stocks closed in the green, eking out a small gain Friday and snapping a four-week losing streak. After…
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 21, delivering for…
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 could throw federal…
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 him…
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 and Mexico set…
Social Security’s new in-person identification requirement angers retirees and advocates
The Social Security Administration’s plan to require in-person identity checks for millions of new and existing recipients while…
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 largest trading…
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 disputes involving the…
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 saying there is…
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 infant formula and…
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 headed toward…
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 on retail sales…
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 expensive, according to…
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 12 states could…
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, chugging its way…
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 borrowers. In response…
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 gauge released by…
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. stocks sinking…
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 to U.S.-based EV…
Trump threatens 200% tariff on European wine and Champagne
Washington — President Trump on Thursday threatened to impose tariffs on wines, Champagnes and other alcoholic products imported…
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 agency leaders who…
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 but continuing to…
Steel and aluminum tariffs could cause broad price hikes across industries, experts say
Sweeping 25% tariffs on all U.S. steel and aluminum imports could cause prices on a range of consumers…
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 more tariffs will…
Trump backs off doubling Canadian steel and aluminum tariffs after Ontario suspends electricity surcharge
Washington — President Trump will not double tariffs on Canadian steel and aluminum imports, Commerce Secretary Howard Lutnick…
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 rule out a…
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 saying Friday it’s…
Big Tech’s big bet on nuclear power
Big Tech’s big bet on nuclear power – CBS News Watch CBS News Faced with increasing demand for…
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 $1.6 billion to…
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 adjusting its benchmark…
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 to claim your…
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 a slowdown in…
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. Now, car shoppers…
President Trump pauses Mexico and Canada tariffs until April 2
President Trump on Thursday said he will pause 25% tariffs on U.S. imports from Mexico and Canada that…
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 a total of…
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 that took effect…
Trump says tariffs will cause “a little disturbance.” Here’s what that could mean for your 401(k).
During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause “a little…
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 drew swift vows…
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 shares of its…
U.S. tariffs on Mexico and Canada go into effect and levies on China raised
Washington — The United States imposed 25% tariffs on nearly all goods imported from Mexico and Canada Tuesday,…
Wall Street slumps after Trump says tariffs to go into effect tomorrow, GDP outlook turns negative
Stocks fell sharply on Monday after President Trump said he has decided to move forward with 25% tariffs…
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,” sending their values…
“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. But a pocket-sized…
Social Security was already dealing with backlogs. Employees warn job cuts could worsen services.
Social Security Administration workers are warning that the Trump administration’s plan to significantly shrink the agency could cause…
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 on Mexico, Canada…
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 on…
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 “Feb. 28 Economic…
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 wealthy foreigners willing…
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 retired air…
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 upgrade the nation’s…
Slack outage takes down widely using messaging app
Slack, the widely used workplace messaging app, went down Wednesday in a widespread outage that left some of…
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, a business research…
Apple shareholders reject proposal to scrap DEI program
Apple shareholders on Tuesday rejected a proposal to end the iPhone maker’s diversity, equity and inclusion program. The…
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 12, according to…
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 to a $16.5…
Rising egg prices and high demand are prompting consumers to rent or buy chickens, but experts warn the move may not cut costs
Egg prices jumped more than 15% in January from a year ago, with a carton of eggs costing…
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 United States over…
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 impacting U.S. business…
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 safety 02:34 At…
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 to get their…
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 requires greater effort…
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 this week, according…