Breakfast snack packs sold at Kroger, Meijer stores in 13 states are recalled
admin Breakfast snack packs sold at Kroger and Meijer stores in 13 states are being recalled because they contain wheat and eggs that are not listed on the label, posing a…
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Online searches for gambling addiction surge as sports betting expands, study finds
Online searches for gambling addiction-related terms have surged in recent years across the U.S., especially in states that have legalized online sports betting, according to a study published on Monday…
Watch Live: Lori Chavez-DeRemer faces confirmation hearing for labor secretary
Washington — Former GOP Rep. Lori Chavez-DeRemer, President Trump’s nominee to run the Labor Department, is appearing before a Senate committee for her confirmation hearing on Wednesday, where she has…
Senate confirms Howard Lutnick as commerce secretary
The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Trump’s hardline trade policies. At the Commerce Department, Lutnick, who was…
USPS Postmaster General Louis DeJoy signals exit after nearly 5 years
USPS resumes inbound mail from China, Hong Kong. Why it matters to many Americans USPS resumes inbound mail from China, Hong Kong. Why it matters to many Americans 01:34 Postmaster…
Elon Musk’s DOGE presence at the IRS raises concerns about taxpayer data security, refund delays
The presence of Elon Musk’s cost-cutting task force, the Department of Government Efficiency, at the IRS is sparking fresh concerns from Democratic lawmakers about the safety of taxpayer information, and…
Trump Media says it lost more than $400 million last year while revenue dropped 12%
Trump Media and Technology Group, the parent company of President Trump’s social networking site Truth Social, said it lost $400.9 million last year, while its annual revenue declined 12% to…
YouTube TV, Paramount reach deal to keep channels on streaming platform after contract dispute
YouTube TV has reached a deal with Paramount to keep channels like CBS, Comedy Central, Nickelodeon and MTV days after failed negotiations for a new contract had briefly left the…
Federal layoffs start with huge number of probationary workers and warnings of bigger cuts on way
Federal layoffs start with probationary workers and warnings of bigger cuts Federal layoffs start with probationary workers and warnings of bigger cuts 03:24 Washington — The Trump administration on Thursday…
Amazon workers in North Carolina vote against union effort
Workers at an Amazon warehouse in North Carolina rejected a proposal to unionize, becoming the latest group of the company’s employees to side against union representation. About three-quarters of employees…
Sen. Richard Blumenthal demanding answers about possible $400 million State Department purchase of Tesla Cybertrucks
Sen. Richard Blumenthal, the ranking member on the Senate Permanent Subcommittee on Investigations, sent a letter to Secretary of State Marco Rubio Thursday night demanding answers and documents relating to…
Federal workers express shock, anger over mass layoffs: “You are not fit for continued employment”
Probational federal employees who lost their jobs on Thursday as part of the Trump administration’s mass firing of government workers expressed shock and anger at the terminations, which they contend…
What are reciprocal tariffs and how will they impact your wallet?
What are reciprocal tariffs and how will they impact your wallet? – CBS News Watch CBS News CBS News MoneyWatch correspondent Kelly O’Grady joins “CBS Mornings” to discuss what President…
Trump threatens to deploy reciprocal tariffs in bid to “ensure fairness” with trading partners
President Trump on Thursday signed a memorandum directing his administration to weigh reciprocal tariffs, threatening to impose levies on U.S. imports from nations that put higher duties on American products.…
CBS and other Paramount channels to disappear from YouTube TV amid contract dispute
Paramount-owned channels including CBS, Comedy Central and MTV are set to go dark on YouTube TV Thursday night if a contract renewal agreement is not reached, both companies say. “The…
Egg prices shot up 15% in January as retailers limit customer purchases
Egg prices continue to soar — if shoppers can even find them in grocery stores. In January alone, the cost of eggs around the U.S. jumped more than 15% from…
Inflation rate picked up in January, CPI report shows. Here’s what it means for your money.
Bird flu and inflation could continue to drive up the cost of eggs, experts say Bird flu and inflation could continue to drive up the cost of eggs, experts say…
Almost $500 million in food is at risk of spoilage after USAID pause, report says
Disputes over USAID may be jeopardizing food shipments in Boston earmarked for those in need Disputes over USAID may be jeopardizing food shipments in Boston earmarked for those in need…
Canned tuna sold by major U.S. grocers recalled due to botulism concerns
Certain canned tuna products sold by grocers including Costco, Trader Joe’s and Walmart are being recalled due to botulism concerns, according to a notice posted Monday by the U.S. Food…
Trump directs Treasury to stop minting new pennies, citing cost
President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States…
How to avoid surveillance pricing scams that target you based on your data
How to avoid surveillance pricing scams that target you based on your data – CBS News Watch CBS News A new investigation from the Federal Trade Commission reveals that companies…
Trump says he will announce new tariffs on aluminum, steel imports on Monday
Fact-checking Trump’s tariffs claims Fact-checking Trump’s claims that tariffs are a “tax on a foreign country” 03:16 President Trump said Sunday that he will announce 25% tariffs on all steel…
Sports Illustrated’s fourth-quarter comeback – CBS News
It was only a year ago that Sports Illustrated appeared to be down to the last strike in the bottom of the ninth. Our “60 Minutes” colleague Jon Wertheim, a…
How much are Super Bowl 2025 tickets? See average, cheapest and most expensive prices for Sunday’s game
The 2025 Super Bowl kicks off Sunday, Feb. 9, in New Orleans when the Kansas City Chiefs will face the Philadelphia Eagles in an event that’s expected to draw huge…
How much do 2025 Super Bowl commercials cost? Here’s the price tag on ads this year.
On the eve of Super Bowl 59, the Philadelphia Eagles and Kansas City Chiefs aren’t the only ones dreaming of touchdowns. Brands and advertisers with millions riding on the success…
Trump administration directs states to stop spending on EV charging infrastructure
The Trump administration, in a letter Thursday, directed states to stop spending money for EV charging infrastructure — funds that had been allocated under former President Joe Biden. President Trump…
Employers added 143,000 jobs in January amid a slowdown in the labor market
Employers around the U.S. added 143,000 jobs in January, as the labor market showed signs of cooling at the start of 2025. The numbers Hiring was weaker than expected by…
LG Electronics recalls ranges after dozens of fires burn people, property and pets
About 500,000 ranges sold nationwide are being recalled after dozens of fires burned property, people and pets, LG Electronics said Wednesday in a notice posted by the U.S. Consumer Product…
Millions of federal workers face deadline today over whether to resign. Here’s what to know.
More than 2 million federal employees face a looming deadline: By midnight Eastern time on Thursday, they must decide whether to accept a “deferred resignation” offer from the Trump administration.…
Fast fashion from Shein, Temu could get more expensive and take longer to ship. Here’s why.
Ultra-cheap clothing from China could get more expensive under President Trump’s new tariffs, and help Amazon edge out competition from overseas. An additional 10% tariff on all Chinese goods went…
Want to watch Super Bowl 2025 commercials early? These ads are already live.
Some the Super Bowl’s greatest commercials featured in special on CBS Some the Super Bowl’s greatest commercials featured in special on CBS 04:45 Millions of Americans will tune into the…
Treasury says Elon Musk’s DOGE has “read only” access to payment systems
Elon Musk’s Department of Government Efficiency team has been given “read only” access to the Treasury Department’s federal payment system, and federal expenditures have not been affected, the Treasury said…
Waffle House adds 50-cent per egg surcharge amid shortages, rising prices
The impact from bird flu spreads The impact from bird flu spreads 05:12 Waffle House is adding a 50-cent per egg surcharge to customers’ orders, citing the impact of ongoing…
DOGE task force gains access to U.S. Treasury Department data, payment systems
The Department of Government Efficiency, or DOGE, run by President Trump’s billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare…
Stocks tumble as Wall Street braces for impact of Trump tariffs. Here’s what to know.
Stocks tumbled on Monday as Wall Street braced for the impact of steep new tariffs ordered by President Trump, with mounting fears the new import duties could spark a trade…
Blue Ridge Beef recalls natural dog food across 8 states over salmonella risk
Blue Ridge Beef recalled their natural mix for dog food across eight states, the FDA said Friday in an alert. The company is recalling 5,700 lbs. of their 2 lb…
What are tariffs? Here’s everything you need to know about the import duties.
President Trump, an avowed fan of tariffs, imposed a wave of new import duties Saturday on America’s three closest trading partners — Mexico, Canada and China. Although tariffs are a…
Trump hits Canada, Mexico and China with steep new tariffs; Canada retaliates
President Trump on Saturday signed an executive order that imposes 25% tariffs on imports from Canada and Mexico, while adding an additional 10% levy on goods from China. Canada responded…
Book excerpt: “Source Code: My Beginnings” by Bill Gates
Knopf We may receive an affiliate commission from anything you buy from this article. In Bill Gates’ new autobiography, “Source Code: My Beginnings” (published February 4 by Knopf), the computer…
Trump tariffs on Canada and Mexico could drive up the cost of these products
Americans could soon be paying more for everything from automobiles to avocados if the Trump administration proceeds with its plan to slap stiff new tariffs on the nation’s three largest…
What to know about RFK Jr.’s financial ties with a personal industry law firm
As Robert F. Kennedy Jr.’s confirmation hearings to serve as the nation’s top health official play out on Capitol Hill, President Trump’s nominee to lead the Department of Health and…
Trump could be set to announce tariffs against Canada, China and Mexico. Here’s what to know.
Increased tariffs on Canada, Mexico could hike prices in the U.S. Increased tariffs on Canada, Mexico could hike prices in the U.S. 04:16 On the day of his inauguration, President…
Tesla earnings miss Wall Street expectations despite record sales
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts. The electric…
Egg prices are likely to shoot up even more in 2025. Here’s what to know.
At Market Basket locations in some parts of Massachusetts, customers are being asked to limit their egg purchases to two cartons per family. Another shopper on the hunt for eggs,…
The Fed is set to hit the pause button on rate cuts, for now. Here’s the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is expected to hit the pause button on additional…
Trump administration offering “deferred resignation” to government workers unwilling to return to office
The White House expects up to 10% of federal employees to quit in September in a program meant to end work-from-home practices, senior administration officials told CBS News. A government-wide…
What has DEI — diversity, equity and inclusion — done for U.S. workers and employers?
President Trump’s executive order banning diversity, equity and inclusion programs across the U.S. government is renewing debate over what DEI is and whether it has benefited workers and companies. DEI…
Starbucks brings back condiment bar, free refills for some drinks
Starbucks customers will notice some changes brewing. Starting Monday, stores are bringing back the condiment bar and offering free refills of certain drinks for for dine-in customers. The self-serve condiment…
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
A Chinese artificial intelligence company called DeepSeek is grabbing America’s attention — and sending a shock wave through Wall Street — due to its new tech, which some experts say…
Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity AI has presented a new proposal to TikTok‘s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with…
Trump doesn’t only want to end DEI. He’s also voiding a Civil Rights-era anti-discrimination rule.
Among the flurry of executive orders since his Jan. 20 inauguration, President Donald Trump has taken aim at rooting out diversity, equity and inclusion, or DEI, programs within the federal…
More than 63,000 Jeep Cherokees recalled over sudden loss of power and park function
Stellantis, the parent company of Chrysler, is recalling more than 63,000 Jeep Cherokees because of a defect that causes the vehicles to lose power and impede parking, increasing the risk…
Kia recalling 80,000 electric and hybrid vehicles over improper air bag deployment
Ed’s Driveway: Kia Niro EV 01:45 Kia is recalling more than 80,000 electric and hybrid vehicles in the United States because of improper airbag and seat belt deployment, the U.S.…
TikTok-loaded phones are selling for thousands online after law prevents new downloads
Breaking down the TikTok ban and reaction Did TikTok legally have to shut down, or did its leadership choose to? 05:23 Some fast-acting entrepreneurs are selling phones with the social…
How President Trump’s potential tariffs could impact car prices
How President Trump’s potential tariffs could impact car prices – CBS News Watch CBS News President Trump spoke at the World Economic Forum on Thursday about tariffs, which could drive…
Why Trump’s tariff threat could raise car prices significantly
Whippany, New Jersey — Tom Maoli, the owner of a new and used car dealership in New Jersey, says drivers could see a big jump in prices if President Trump…
Saudi Arabia plans to invest $600 billion in U.S. over next 4 years, crown prince says in call with Trump
Dubai, United Arab Emirates — Saudi Arabia‘s crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came…
Trump signs orders ending diversity programs; federal DEI staffers being placed on leave
President Trump signed executive orders Monday and Tuesday that aim to end diversity, equity and inclusion programs within the federal government. “We will forge a society that is colorblind and…
Trump ordered the U.S. government to lower prices for Americans. Can he deliver?
How will a Trump second term impact the economy? How will a Trump second term impact the economy? 02:47 President Trump, who while campaigning vowed to end the “inflation nightmare,”…
Trump announces up to $500 billion in private sector AI infrastructure investment
President Trump announced Tuesday billions of dollars in private sector investment to build artificial intelligence infrastructure in the United States. OpenAI, Softbank and Oracle are planning a joint venture called…
Trump orders federal workers back to office 5 days a week
Trump begins second term with flurry of executive orders Trump begins second term with flurry of executive orders 02:54 President Trump is requiring millions of federal employees to return to…
Trump orders Justice Department to not enforce TikTok ban
What’s next for Trump on TikTok ban? What’s next for Trump on TikTok ban? 03:08 Washington — President Trump signed an executive order on Monday directing the Justice Department to…
What’s open and closed on MLK Day and Inauguration Day 2025?
Monday marks an unusual coincidence with Martin Luther King Jr. Day, a federal holiday, falling on the same day as Donald Trump’s second inauguration, which may prompt questions about whether…
If TikTok goes dark, some say they’ll lose livelihoods: “We’d have to completely rebuild”
SCOTUS upholds TikTok ban unless parent company sells it SCOTUS upholds TikTok ban unless parent company sells it 02:26 Small businesses and content creators are bracing for impact if TikTok…
Trump launches his own $TRUMP meme coin, price soars overnight
President-elect Donald Trump launched his own cryptocurrency on Friday, sparking a feverish buying that apparently sent its market capitalization soaring to several billion dollars. In a message posted on his…
Why is TikTok getting banned? What’s behind the law that could shutter the app
Washington — The 170 million TikTok users in the U.S. could be in for a rude awakening come Sunday if they suddenly find the enormously popular video-sharing app is inaccessible…
Trendy “low-buy” challenges can be good for your wallet and mental health
Want to reduce spending without quitting consumption cold turkey? A “low-buy” year is trending for this very reason — and it can have a positive impact on not only your…
Supreme Court upholds TikTok ban, clears way for app to shut down in U.S. as soon as Sunday
Washington — The Supreme Court on Friday upheld a new law that would lead to a ban of the social media platform TikTok, clearing the way for the widely popular…
Medicare drug price negotiations to target Ozempic, Wegovy and other drugs
Medicare announced Friday that it has selected 15 drugs, including the hugely popular medications Ozempic and Wegovy, used for diabetes and weight loss, as well as some blockbuster cancer medications…
Capital One customers report direct deposits not showing up in their bank accounts
Capital One is working to resolve a technical issue that had thousands of customers reporting problems with direct deposits on Thursday. More than 2,000 people had reported issues with Capital…
Toyota’s Hino unit agrees to plead guilty in $1.6 billion settlement of U.S. emissions fraud case
U.S. officials announced a $1.6 billion deal with Toyota subsidiary Hino Motors late Wednesday to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.…
As climate risks mount, homeowners far beyond California face soaring insurance bills
As disasters linked to climate change become more frequent in the U.S., homeowners across the country are paying the price through skyrocketing insurance costs — and not only in states…
CPI edged higher in December, complicating the Fed’s upcoming decision on rate cuts
How will a Trump second term impact the economy? How will a Trump second term impact the economy? 02:47 Inflation rose 2.9% on an annual basis in December, with the…
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The Securities and Exchange Commission on Tuesday filed a lawsuit against Elon Musk, alleging the X owner misled shareholders about his Twitter stock purchases in 2022. The suit alleges Musk…
What would happen to TikTok on my phone if the app is banned?
TikTok faces a possible ban in the U.S. later this month if a law that could require the social media app’s Chinese owner, ByteDance, to part ways with the platform…
Starbucks reverses its open-door policy, requiring people to make a purchase if they want to stay
Starbucks is reversing its open-door policy after almost seven years, now requiring that people make a purchase if they want to hang out at its coffee shops or use its…
Biden administration proposes new restrictions on AI chip exports
AI featured across the board at 2025 Consumer Electronics Show AI featured across the board at 2025 Consumer Electronics Show 05:11 The Biden administration is proposing new restrictions that would…
New York City’s congestion pricing picks up speed
By some measures, New York City’s traffic is more congested than it’s ever been. Enter: Congestion pricing. Since last Sunday, during most hours, cars crossing into the lower half of…
Lockheed-Martin donates $1 million to Trump inaugural committee
Lockheed Martin, the multinational defense and aerospace firm, is one of the latest big businesses to donate a million dollars to President-elect Donald Trump’s inaugural committee. Recent major donors include…
Meta ends diversity programs, joining McDonald’s, Walmart and other major companies to back off DEI
A look at DEI’s impact on businesses and education A look at DEI’s impact on businesses and education 06:51 Meta is ending its key diversity, equity and inclusion programs, joining…
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
Death toll rises as California wildfires continue to spread Death toll rises as California wildfires continue to spread 04:11 Pacific Palisades, the Los Angeles neighborhood that’s been devastated by the…
How businesses are helping residents and first responders affected by Los Angeles wildfires
Local businesses as well as national chains in the Los Angeles area are stepping up to help people affected by the devastating wildfires ravaging the area. Here’s where people can…
Employers added 256,000 jobs in December, blowing past forecasts
Employers added 256,000 jobs in December, blowing past economists’ expectations and signaling that the job market remains resilient in the face of still-high borrowing rates and stickier-than-expected inflation. The economy…
TikTok could shut down unless Supreme Court blocks or delays U.S. ban
In one of the most important cases of the social media age, free speech and national security collide at the Supreme Court on Friday in arguments over the fate of…
Billy Long, Trump’s pick to lead IRS, pushed a tax credit that raises red flags, Sen. Warren says
Billy Long, President-elect Donald Trump’s pick to run the IRS, is facing questions about his qualifications to lead the tax agency from Sen. Elizabeth Warren, a Democrat from Massachusetts who…
Dockworkers and port operators strike labor deal, again dodging strike
East and Gulf Coast port operators late Wednesday struck an agreement with a dockworkers union, resolving a labor dispute that had threatened to halt shipments for a second time in…
Jimmy Carter’s funeral will cause some closings and service changes. Here’s what to expect.
President Biden has pronounced Thursday, Jan. 9, to be a national day of mourning for Jimmy Carter, a day that coincides with the 39th president’s state funeral. In addition to…
Meta to end fact-checking, replacing it with community-driven system akin to Elon Musk’s X
Meta CEO Mark Zuckerberg on Tuesday said the social media company is ending its fact-checking program and replacing it with a community-driven system similar to that of Elon Musk’s X.…
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced…
Winter storm brings power outages, leaving utilities customers in the dark
Winter Storm Blair knocked out utilities for hundreds of thousands of customers across the U.S., leaving many American households in the dark Monday. More than 300,000 electric customers were without…
Winter storm causes massive flight and Amtrak train disruptions, snarling U.S. travel
Heavy snow starting to accumulate in the City of Washington Heavy snow starting to accumulate in the City of Washington 01:47 A winter storm that is spreading across much of…
Social Security Fairness Act signed into law by Biden, enhancing retirement benefits for millions
President Biden on Sunday signed legislation expanding Social Security benefits for millions of retired Americans, including firefighters, police officers and teachers. “Americans who have worked hard all their life to…
Major airlines offer storm waivers to passengers ahead of winter storm
As Winter Storm Blair threatens to disrupt travel for passengers traveling to or from dozens of U.S. airports this weekend, Airlines are taking steps to help travelers rebook scheduled flights…
U.S. Steel faces murky future after Biden blocks proposed takeover by Nippon Steel
The Biden administration’s move on Friday to block Nippon Steel’s proposed purchase of U.S. Steel raises questions about the once iconic American company’s future, with industry sources saying the manufacturer…
The house made famous by “Breaking Bad” TV show up for sale in New Mexico
“Breaking Bad” stars meet fans in Boston “Breaking Bad” stars meet fans in Boston 00:52 The house made famous by the “Breaking Bad” TV series is up for sale, and…
Social Security Fairness Act set to get Biden’s signature
President Biden on Monday is expected to sign into law legislation extending full Social Security benefits to nearly 3 million U.S. retirees, according to advocates for the measure. Decades in…
Biden rejects U.S. Steel-Nippon Steel deal
President Biden announced Friday that he is blocking the $15 billion proposal by Japan’s Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on…
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel’s $14.9 billion acquisition of U.S. Steel, according to people familiar with…
These 9 states are cutting income taxes on Jan. 1. Here’s where taxpayers will get a break.
Financial expert shares last-minute tax tips for 2024 Financial expert shares last-minute tax tips for 2024 04:49 Some Americans could get a break on their state income taxes this year,…
Tesla Cybertruck explosion outside Trump Hotel in Las Vegas investigated as possible act of terrorism
A Tesla Cybertruck that exploded outside the Trump Towers in Las Vegas early Wednesday, killing one person in the vehicle, is being investigated as a possible act of terrorism, according…
Ford recalls nearly 300,000 F-Series trucks over defective fuel pumps
Ford Motor is recalling 295,449 diesel-engine trucks because a defective fuel pump could cause a loss of power, raising the risk of a crash, the National Highway Traffic Safety Administration…
What to know about Luma Energy, the company involved in Puerto Rico’s massive blackout
A massive power outage blanketed most of Puerto Rico early Tuesday, leaving more than 1.2 million people without electricity. Here’s what to know about the blackout and Luma Energy, which…
Gas prices recede and could continue dropping in 2025, forecast finds
Motorists can expect modestly lower U.S. gas prices in 2025 as inflation eases and amid booming domestic oil production. After accelerating for much of the first half of the year,…
Chinese hackers access U.S. Treasury Department workstations, obtaining unclassified documents
Chinese hackers remotely accessed several U.S. Treasury Department workstations and unclassified documents after compromising a third-party software service provider, the agency said Monday. The department did not provide details on…
More than 9 million workers are getting a raise on January 1. Here’s where.
Michigan lawmakers introduce bills to slow down minimum wage increases Michigan lawmakers introduce bills to slow down minimum wage increases 01:48 Millions of low-wage earners are getting a raise in…
Book excerpt: “The Hidden Globe: How Wealth Hacks the World” by Atossa Araxia Abrahamian
Riverhead We may receive an affiliate commission from anything you buy from this article. You may think you have a pretty good idea of the world map, but Atossa Araxia…
Musk and Ramaswamy are sparking a debate over the H-1B visa. Here’s what to know about the visa.
Billionaires Elon Musk and Vivek Ramaswamy may be advising President-elect Donald Trump on cutting federal spending but they also have some advice for him about the U.S. workforce, urging his…
Big Lots reaches deal to keep hundreds of U.S. stores open
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open. Big Lots said…
Janet Yellen tells Congress that U.S. could hit debt limit in mid-January
Treasury Secretary Janet Yellen said in a letter sent to congressional leaders Friday afternoon that her agency will need to start taking “extraordinary measures” or special accounting maneuvers intended to…
Homelessness surged 18% to a new record in 2024 amid a lack of affordable housing across the U.S.
Homelessness in the U.S. jumped 18.1% this year, hitting a record level, with the dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters…
OpenAI’s ChatGPT recovers after being hit with outages. Here’s what to know.
ChatGPT stopped functioning for many users on Thursday afternoon, with OpenAI saying that its AI app was experiencing glitches for some. The app recovered several hours later, the San Francisco-based…
Richard Parsons, prominent executive who held top posts at Time Warner and Citigroup, dies at age 76
Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday, the financial services company Lazard, where Parsons was a…
Pet food brand issues recall over bird flu contamination
Northwest Naturals issued a voluntary recall for a batch of pet food after a cat died of bird flu in Oregon, officials said. Testing done by the U.S. Department of…
Toy prices could jump if Trump adds new tariffs in 2025, threatening some toy retailers
President-elect Donald Trump is pledging to slap new tariffs on imports after he’s inaugurated next month — a vow that’s prompting the toy industry to warn about the impact. Even…
Is anything open on Christmas Day 2024? Here are open stores, restaurants and fast-food chains.
What to know about holiday travel What to know about holiday travel before Christmas Day 01:21 Those in search of last-minute gifts or who find that they’re missing a Christmas…
Starbucks strike shuts down hundreds of locations amid holiday shopping
A walkout by baristas at Starbucks expanded on Tuesday, as more workers joined at five-day labor action against the coffee giant in a protest that comes to a close later…
What’s open on Christmas Eve 2024? Stores, fast-food places and more major chains you can visit today.
Holiday shoppers feeling inflation pinch Consumers feeling inflation pinch this holiday shopping season 02:23 From grocery chains to stores and restaurants, most businesses, are open today on Christmas Eve 2024.…
Corporate Transparency Act can be enforced, court rules. Here’s what it means for business owners.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced…
The Container Store is filing for bankruptcy. Here’s what will happen to its stores.
Sustainable gift-giving: How to reduce waste How to reduce holiday waste with sustainable gift-giving 04:03 The Container Store said late Sunday that it is filing for Chapter 11 bankruptcy protection…
AAA predicts holiday travel record as more than 119 million expected to hit roads, skies
Drivers and airline passengers without reindeer and sleighs better make a dash for it because it’s beginning to look like another record for holiday travel in the U.S., as the…
Starbucks workers begin strikes in 3 cities during crucial holiday shopping season
Workers at Starbucks stores began a five-day strike Friday to protest lack of progress in contract negotiations with the company. The strikes by baristas and other workers were scheduled to…
Party City files for bankruptcy, a day after announcing mass layoffs at its headquarters
Popular retail chain Party City filed for bankruptcy protection Saturday, a day after it disclosed to employees that it would be implementing mass layoffs at its New Jersey headquarters. The…
Senate approves bill to expand Social Security to millions of Americans
Legislation to expand Social Security benefits to millions of Americans passed the U.S. Senate early Saturday and is now headed to the desk of President Biden, who is expected to…
Planned Starbucks strike in 3 cities could spread nationwide during crucial holiday shopping season
Workers at Starbucks stores plan to go on a five-day strike starting Friday to protest lack of progress in contract negotiations with the company. The strike, which would come a…
Biden in likely last round of student debt forgiveness before leaving office, $4.28 billion worth for 55,000 workers
Washington — The Biden administration is canceling federal student loans for another 55,000 workers through an existing program known as Public Service Loan Forgiveness. The Education Department’s announcement Friday targets…
A government shutdown could occur on Dec. 21. Here’s what services and payments could be impacted.
With one federal spending bill now scrapped and a revised version still up in the air, the U.S. faces a possible government shutdown that could begin at 12:01 a.m. on…
Amazon workers, led by Teamsters, set to launch strike at 7 facilities
Teamsters union launching strike against Amazon in NYC, across country Teamsters union launching strike against Amazon in NYC, across country 02:12 The International Brotherhood of Teamsters says workers at seven…
Stock market plummets after Fed forecasts fewer rate cuts in 2025
U.S. stocks plummeted in one of their worst days of the year after the Federal Reserve forecast Wednesday it may deliver fewer shots of adrenaline for the economy in 2025…
Sen. Elizabeth Warren pushes bill to make it easier and cheaper to file for bankruptcy
Continuing a decades-long effort to change the nation’s bankruptcy system, Sen. Elizabeth Warren plans to propose legislation on Wednesday aimed at making the process less costly and complicated for the…
Social Security Fairness Act could restore benefits for millions, but policies still cause hardship
At 84 years old, Evelyn Paternostro spends her days working part time as a cashier at Dollar Tree. For decades, she dedicated her life to education, serving as a teacher…
TikTok CEO meets with Trump ahead of January ban
Trump says he has “a warm spot for TikTok” Trump says he has “a warm spot” for TikTok when asked about ban 00:57 Washington — President-elect Trump is meeting with…
Japanese firm SoftBank plans to invest $100 billion in U.S., Trump announces
Japanese tech conglomerate SoftBank plans to invest $100 billion in the U.S. and create 100,000 jobs in artificial intelligence and technology, President-elect Donald Trump announced Monday at Mar-a-Lago alongside SoftBank…
Move over, Fifth Avenue. Milan’s Via MonteNapoleone has taken your crown as world’s most upscale shopping street
Shoppers laden with bags from Fendi, Loewe, Prada and other designer labels clog the narrow sidewalks of Milan’s swankiest shopping street, bringing joy to the purveyors of high-end luxury goods…
For those in their 40s, navigating finances should mean putting an emphasis on retirement
For 48-year-old Rowan Childs of Wisconsin, a recent divorce turned her financial life upside down. “Initially, I was really nervous and had a lot of anxiety about it, but ultimately…
McKinsey agrees to $650 million settlement with feds over opioids work
McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in…
Macy’s adds to list of store closures, says it will close 65 this year
Macy’s said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures…
Meta, Amazon and tech CEOs make $1 million investments in Trump’s inauguration
Washington — Tech leaders and companies are shelling out big bucks to President-elect Donald Trump’s inaugural fund, as they prepare for the next four years of a Trump White House.…
Social Security Fairness Act to get a vote in the Senate, Chuck Schumer says
A House-passed bill that would expand Social Security benefits to millions of Americans just got a lifeline in the Senate. Senate Majority Chuck Schumer said Thursday he would start the…
Trump wants to extend his 2017 tax cuts — and more. Here’s what that could mean for you.
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Stanley recalls 2.6 million mugs after dozens of customer complaints, including burn injuries
Stanley is recalling 2.6 million mugs sold in the U.S. after the company received dozens of consumer complaints, including some users who reported getting burned and requiring medical attention. The…
UnitedHealthcare CEO shooting spawns range of online merchandise
Shirts, mugs and stickers bearing the words “Deny Defend Depose” are appearing for sale on e-commerce websites just days after UnitedHealthcare CEO Brian Thompson was shot to death in New…
Is Facebook down? Users report problems accessing Meta platforms, including Instagram, Threads.
Facial recognition to soon be used by Meta to help users restore hacked accounts Facial recognition to soon be used by Meta to help users restore hacked accounts 02:27 Users…
Trump uses photo of himself with first lady Jill Biden to announce new fragrance line
President-elect Donald Trump on Sunday used a photo of himself sitting next to first lady Jill Biden to announce a new line of fragrances on his Truth Social app, with…
Kroger’s $24.6 billion purchase of Albertsons halted by federal judge
A federal judge on Tuesday temporarily blocked Kroger $24.6 billion acquisition of Albertsons, ruling that the proposed union would lessen competition for grocery shoppers. The preliminary injunctions issued by an…
Still need to buy a Christmas tree? Here’s the good news.
Keeping your Christmas tree happy and healthy this holiday Keeping your Christmas tree happy and healthy this holiday 03:13 If you have yet to buy a Christmas tree this year,…
Americans are paying more than ever for health insurance. Denials add to their pain.
Health insurance costs are far outpacing inflation, leaving more consumers on the hook each year for thousands of dollars in out-of-pocket expenses. At the same time, some insurers are rejecting…
Trump’s tariffs: A tax on American consumers
Trump’s tariffs: A tax on American consumers – CBS News Watch CBS News President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries,…
Who would pay for Trump’s promised tariffs? You will!
Incoming President Donald Trump has made his feelings about tariffs very clear: “The word ‘tariff’ is the most beautiful word in the dictionary,” he has said. “I think it’s more…
Older Americans struggle more to afford health care compared with those in other nations
Doctors who accept Medicare could face another pay cut in 2025, AMA says Doctors who accept Medicare could face another pay cut in 2025, AMA says 03:28 In the U.S.,…
UnitedHealthcare CEO death reveals wider outrage over health care system, insurance
The fatal shooting of UnitedHealthcare CEO Brian Thompson is surfacing the public’s deep frustration with the health insurance industry. On “CBS Mornings” Friday, Dr. Céline Gounder, CBS News medical contributor…
Appeals court upholds TikTok ban, declining to block law that would force sale
Washington — A federal appeals court upheld a law that will ban TikTok in the U.S. in the coming months if its Chinese parent company doesn’t sell its stake in…
The Social Security Fairness Act has bipartisan support, but time is running out for Senate vote
The House-passed Social Security Fairness Act enjoys rare bipartisan support on Capitol Hill, yet the odds of it getting enacted are growing smaller with each passing day. Lawmakers on both…
What to know about Billy Long, the ex-congressman and auctioneer Trump wants to head the IRS
IRS announce new 2025 tax brackets. Here’s what changed IRS announce new 2025 tax brackets. Here’s what changed 00:56 President-elect Donald Trump on Wednesday said he wants ex-congressman Billy Long,…
More than 4 million people to share $1.8 billion in refunds, the CFPB says. Here’s what to know.
More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund checks, the Consumer Financial Protection Bureau announced…
Bitcoin price reaches $100,000-mark for first time ever
Why Bitcoin surged after Trump’s 2024 win Why Bitcoin stock surged after Trump’s 2024 election win 04:13 Bitcoin has topped the $100,000 mark as a massive rally in the world’s…
Cucumbers from 3 companies recalled as salmonella sickens 68 people in 19 states
Federal officials are urging people not to eat recalled cucumbers, as well as salads and wraps that could contain the product, amid an investigation into an outbreak of salmonella that…
Donald Trump Jr. joins e-commerce company PublicSquare as its shares soar 270%
PSQ Holdings, an online commerce and payments company that describes itself as “valuing life, family and liberty,” saw its shares soar more than 270% on Tuesday amid news that Donald…
Blue Ridge Beef recalls Puppy Mix over salmonella risk
Blue Ridge Beef is recalling 9,600 pounds of Puppy Mix sold in seven U.S. states after a customer reported their litter was sickened and testing confirmed the product was contaminated…
2 Delta attendants fail breathalyzer test before international flight
Airlines are improving on-time arrivals by upping the estimated time of flights Airlines are improving on-time arrivals by upping the estimated time of flights 03:04 Two flight attendants for Delta…
Elon Musk request to reinstate his $56 billion Tesla pay package is rejected by judge
Elon Musk’s efforts to get his massive $56 billion 2018 Tesla pay package reinstated was rejected by a Delaware judge on Monday. The decision, issued by Delaware Chancery Court Judge…
Taylor Swift’s Eras Tour book hits Target stores today. Here’s what to know.
Early lines at Target as Taylor Swift book hits shelves Black Friday Early lines at Target as Taylor Swift book hits shelves Black Friday 03:15 Taylor Swift’s latest release isn’t…
Stellantis CEO Carlos Tavares resigns amid slumping sales, alleged boardroom disagreements
UAW Local leaders call out Stellantis over layoffs in Michigan and other states UAW Local leaders call out Stellantis over layoffs in Michigan and other states 02:22 (CBS DETROIT) —…
Retailers tell consumers that Trump tariffs are a reason to shop now
Some retailers are using President-elect Donald Trump’s proposed tariffs to urge consumers to shop now, suggesting if the import duties go into effect next year, a range of goods could…
Southwest Airlines says it is ending cabin service earlier to reduce chance of injury
A day in the life of a plane What a day in the life of a plane looks like 03:39 Southwest Airlines says it is ending its cabin service earlier…
This is how retailers get you to spend more money
As shoppers gear up for Black Friday and the holiday shopping season, it can be easy for people to rack up debt that will weigh them down well into the…
S&P 500 and Dow post Black Friday gains, closing out Wall Street’s best month of 2024
Stocks posted solid gains as Wall Street put the finishing touches on its best monthly performance of the year. The S&P 500 rose 0.6% while the Dow Jones Industrial Average…
Canada’s antitrust watchdog files lawsuit against Google over its ad business
Canada’s antitrust watchdog said Thursday it is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its…
Phishing campaigns target Black Friday shoppers. Here’s how to spot them.
Experts are warning that fraudsters are exploiting Black Friday sales to target U.S. shoppers with fake websites and ads for major brands like IKEA, Wayfair and The North Face, after…
What’s open on Thanksgiving 2024? Key store, fast-food and restaurant chains with open doors today
AAA projects more cars will be on the road this Thanksgiving weekend AAA projects more cars will be on the road this Thanksgiving weekend 03:25 Many retailers close their doors…
How Trump’s economic agenda could affect mortgage rates in 2025
President-elect Donald Trump has promised to lower prices for Americans, but his economic policies may not help one embattled part of the economy: the housing market. Mortgage rates continue to…
Here’s why Trump thinks tariffs are good for the U.S. — and what the experts say
President-elect Donald Trump, an avowed fan of tariffs, is pledging to enact stiff import duties as soon as he’s inaugurated in January. For Trump, these new levies would both supercharge…
Best Buy says Trump’s tariffs could force it to raise prices for consumers
Best Buy CEO Corie Barry said Tuesday that personal electronics could become more expensive if President-elect Donald Trump carries out his threat to slap new tariffs on foreign goods, as…
Walmart the latest big corporation to scale back DEI policies after pressure from conservative activists
A look at DEI’s impact on businesses and education A look at DEI’s impact on businesses and education 06:51 Walmart, the world’s largest retailer, is rolling back its diversity, equity…
Starbucks impacted by ransomware attack on software vendor
Starbucks said Monday that a ransomware attack on a third-party software provider is hindering its ability to track baristas’ hours and manage their pay. The November 21 cyberattack targeted supply-chain…
Charlotte airport workers walk off job at start of busy Thanksgiving travel week
Charlotte, N.C. — Service workers at Charlotte Douglas International Airport have gone on strike during a busy week of Thanksgiving travel to protest what they say are unlivable wages. Employees…
Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue
Car and Driver’s top EV of 2024 Hyundai Ioniq 5 N is top EV of 2024, according to Car and Driver 03:35 Hyundai and Kia are recalling more than 208,000…
McDonald’s will serve up a McValue offering in 2025. Here’s what it includes.
McDonald’s is planning to offer consumers savings in the form of “McValue” deals in 2025, the fast-food giant announced Friday. It’s part of an effort to keep consumers chomping on…
Trump selects Scott Bessent for Treasury secretary
President-elect Donald Trump is selecting hedge fund CEO Scott Bessent to be Treasury secretary, he announced Friday. In a statement, Trump said he was “most pleased to nominate” Bessent, describing…
Who is Scott Bessent? What you need to know about Trump’s Treasury secretary pick.
President-elect Donald Trump on Friday announced hedge fund billionaire Scott Bessent as his pick for U.S. Treasury secretary, choosing a former executive with Soros Fund Management who in recent years…
Walmart must pay $35 million to a truck driver it falsely accused of fraud, jury says
Walmart must pay almost $35 million to one of its former truck drivers after a California jury found the retailer had falsely accused him of workers’ compensation fraud and wrongfully…
Justice Department calls for breakup of Google and sale of Chrome
U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had…
Trump’s proposed tariffs could raise U.S. grocery prices, analysis finds
Americans say they continue to feel the aftereffects of the highest inflation in four decades, especially at the grocery store, where prices remain 26% higher than before the pandemic. President-elect…
Deepfakes of Elon Musk are contributing to billions of dollars in fraud losses in the U.S.
Deepfakes of Elon Musk contribute to billions in fraud losses in the U.S. Deepfakes of Elon Musk contribute to billions in fraud losses in the U.S. 05:31 She first saw…
Has life in the U.S. become too political? You can buy a house in Italy for $1.
A village in Sardinia, Italy, called Ollolai, is dangling an offer it says is for politics-weary Americans in search of a reprieve: houses for next to nothing. The promotion, aimed…
Trump will nominate transition adviser and billionaire Howard Lutnick for commerce secretary
President-elect Donald Trump says he’ll nominate Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald, to be commerce secretary, a position in which he’d have a key role in…
H&R Block and Intuit drop on a report that Elon Musk’s DOGE may develop a new tax-filing app
H&R Block and Intuit shares dropped on Tuesday after the Washington Post reported that President-elect Donald Trump’s Department of Government Efficiency, which is run by billionaires Elon Musk and Vivek…
Arthur Frommer, famed travel guide innovator, has died at 95
New York — Arthur Frommer, whose “Europe on 5 Dollars a Day” guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95.…
Dental company stocks jump amid RFK Jr.’s health claims about fluoride
Robert F. Kennedy Jr.’s concerns about the health effects of fluoride may already be helping some Americans — investors in dental services companies. Shares in Dentsply Sirona, Envista, Henry Schein…
The Onion buys Alex Jones’ Infowars at bankruptcy auction. Here are the details.
Satirical publication The Onion said it has bought Alex Jones’ Infowars at a bankruptcy auction for an undisclosed price, with the backing of the Connecticut families of eight victims of…
Organic carrots recalled after E. coli outbreak. These are the brands and grocery stores impacted.
A massive recall of organic carrots and baby carrots sold at grocery stores across the country was issued by a California grower after a possible outbreak of E. coli that…
Pay first, deliver later: Some women are being asked to prepay for their baby
In April, just 12 weeks into her pregnancy, Kathleen Clark was standing at the receptionist window of her OB-GYN’s office when she was asked to pay $960, the total the…
Trump’s win could sharply raise the cost of electric vehicles. Here’s why.
With President-elect Donald Trump vowing to pull the plug on the $7,500 tax credit for buyers of electric vehicles, one EV maker and its billionaire owner are fully behind the…
How much were Mike Tyson and Jake Paul paid for their fight, and what prize money will the winner earn?
Jake Paul, a former child star and social media influencer who started boxing professionally in 2020, slugged it out with former heavyweight champion Mike Tyson on Friday in a matchup…
The Social Security Fairness Act is now in the hands of the Senate. Here’s what could happen next.
Efforts to get the Senate to vote on a bill to expand Social Security benefits are intensifying, as the House-passed Social Security Fairness Act enjoys rare bipartisan support but has…
What to know about Trump’s Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy
Donald Trump is vowing to reduce wasteful federal spending by tapping two billionaires — Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy — to spearhead the initiative, which the president-elect…
Elon Musk’s DOGE is hiring. Here’s the kind of person he’s looking for.
The new Department of Government Efficiency, a group created by President-elect Donald Trump with the task of identifying ways to cut federal spending and headed by billionaires Elon Musk and…
Can Trump impose tariffs without Congress? It’s complicated, according to experts.
President-elect Trump, who has said he thinks “tariff” is “the most beautiful word in the dictionary,” has proposed a variety of taxes on goods imported from other countries. His aim…
KFC sues Church’s Texas Chicken over “original recipe” ad claims
KFC is taking one of its smaller rivals to court, suing Church’s Texas Chicken for allegedly violating its trademark rights by using the phrase “original recipe” in pitching its fried…
Kraft Heinz removes Lunchables from school meals program
New report raises health concerns about Lunchables New report raises health concerns about Lunchables 01:35 Kraft Heinz is pulling Lunchables — prepackaged boxes of deli meat, cheese and crackers —…
My Little Pony, Transformers inducted into Toy Hall of Fame, alongside Phase 10
Detroit Historical Museum’s Toy Town exhibit is a trip down memory lane Detroit Historical Museum’s Toy Town exhibit is a trip down memory lane 03:00 My Little Pony finally made…