Billionaire hedge fund manager Bill Ackman, a ringleader in the campaign to oust former Harvard University President Claudine Gay, is fixing his sights on another target that he says has…
As Mickey Mouse enters public domain, of course horror film follows As Mickey Mouse enters public domain, of course horror film follows 01:42 Los Angeles — The earliest iteration of…
X, the social media platform formerly known as Twitter, is now worth an estimated 71.5% less than it was when Elon Musk purchased the platform in Oct. 2022, according to…
The college financial aid form filled out annually by millions of families is getting an overhaul. The new version is now available. and it comes with some major changes that…
Although U.S. consumers buy products on the assumption that they are safe, potentially dangerous items often make it past regulators and into retailers. In 2023, the year began and ended…
Shanghai — China’s first domestically built cruise ship set sail on its maiden voyage from Shanghai on Monday, a sign of the nation’s growing prowess in sophisticated construction as it…
Designing the iconic New Year’s Eve ball Master craftsman on designing the iconic New Year’s Eve ball in Times Square 03:45 The arrival of New Year’s Eve invariably brings a…
2023 a mixed bag for Wall Street, U.S. economy – CBS News Watch CBS News It has been a blockbuster year for investors, with the Dow Jones Industrial Average, the…
Flurry of minimum wage hikes could bring unintended consequences, economists warn – CBS News Watch CBS News Twenty-five states and dozens of U.S. cities are planning minimum wage increases in…
A second trial of FTX founder Sam Bankman-Fried on charges not in the cryptocurrency fraud case presented to a jury that convicted him in November is not necessary, prosecutors told…
About 1 in 10 Social Security recipients will receive a double December payment, with their second monthly check arriving on December 29. That’s because of a quirk in the system…
BlendJet Inc. is recalling about 4.8 million portable blenders sold at Costco, Target and Walmart after receiving reports of blades breaking off as well as the product overheating or catching…
Have you taken down your Christmas tree yet? Chances are you haven’t. Whether you chose to decorate a natural or artificial tree this year, you’re probably still admiring the sight…
Apple won a temporary reprieve in the legal battle over its Apple Watch product, with an appeals court on Wednesday ordering a pause on a ban of the product that…
The Eiffel Tower was closed to visitors on Wednesday after workers went on strike ahead of contract negotiations with the city of Paris. The walkout coincided with planned events marking…
New Jersey minimum wage to increase in new year New Jersey minimum wage to increase in new year 00:33 Higher minimum wages will go into effect on January 1 across…
Apple stopping some Apple Watch sales Apple stopping some Apple Watch sales over patent dispute 03:38 The Biden administration let stand on Tuesday the U.S. International Trade Commission’s ban of…
Christmas Day flight delays, cancellations at Chicago airports Christmas Day flight delays, cancellations at Chicago airports 02:37 After thousands of U.S. flights were canceled or delayed over the holidays in…
You’ll need $46,000 to afford the 12 Days of Christmas You’ll need $46,000 to afford the 12 Days of Christmas 00:25 If you still need to find a (very) last-minute…
Nicolas Puech, a descendent of France’s Hermès family, one of the richest clans in Europe, has expressed his wish to bequeath billions to his former gardener, according to multiple reports.…
Tips for last-minute holiday shopping Tips for last-minute holiday shopping 04:27 With the arrival of Christmas Eve inevitably comes the last-minute rush for gifts and ingredients for holiday meals. Before…
“Super Saturday” brings out droves of Christmas shoppers – CBS News Watch CBS News Shoppers were expected to turn out in huge numbers for the last Saturday before Christmas, known…
Cummins Inc. has agreed to pay an over $1.67 billion penalty to settle claims by regulators that the engine manufacturer unlawfully altered hundreds of thousands of pickup truck engines to…
Wayfair’s chief executive sent a bracing year-end message to the furniture chain’s more than 14,000 employees: Work more. He emphasized that the company is “back to winning” as its market…
Seemingly ubiquitous requests for tips may be dampening Americans’ generosity. As of November, service-sector workers in non-restaurant leisure and hospitality jobs made an average of $1.28 an hour in tips,…
Former New York City mayor and Donald Trump attorney Rudy Giuliani filed for bankruptcy Thursday, according to a court filing. Giuliani filed for Chapter 11 bankruptcy less than a week…
Toyota recalls 1 million vehicles Toyota recalls 1 million vehicles over air bag issue 00:27 Honda is recalling more than 2.5 million cars because the fuel pump inside the fuel…
Washington — A Texas-based housing developer and mortgage lender is accused of targeting members of the Houston area’s Hispanic community by offering loans to people who could not pay them…
Living with diabetes, Carlton “PeeWee” Gautney Jr. relied on a digital device about the size of a deck of playing cards to pump insulin into his bloodstream. The pump, manufactured…
Rite Aid is banned from using facial recognition surveillance technology for five years to settle Federal Trade Commission charges that it failed to protect consumers in hundreds of its stores,…
As the countdown to Christmas narrows to just 10 days, the United States Postal Service is issuing a last call to holiday gift senders. The cutoff date for USPS first-class…
Southwest Airlines will pay a $35 million fine as part of a $140 million agreement to settle a federal investigation into a meltdown in December 2022 when the airline canceled…
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 00:35 PITTSBURGH (KDKA) —…
Homelessness in America reached a new record earlier this year partly due to a “sharp rise” in the number of people who became homeless for the first time, federal officials…
The Quaker Oats Company said Friday that it is recalling some granola bars and granola cereals sold across the U.S. because they could be contaminated with salmonella, a potentially lethal…
Ways to secure a scholarship, as cost of college soars Ways to secure a scholarship, as cost of college soars 02:33 Getting into an Ivy League college or another elite…
Rudy Giuliani followed his time in public service with a lucrative career in the private sector that turned him into a multimillionaire. But the former New York mayor now faces…
For those who thought Ozempic would spell the end of diet programs, think again. WeightWatchers this week launched WeightWatchers GLP-1, a subscription program focused on the health and nutrition needs…
A new government report has for the first time identified artificial intelligence as a potential risk to the nation’s financial stability. The Financial Stability Oversight Council (FSOC) — a group…
With inflation cooling and hiring remaining strong, economists are now venturing that something other than a recession may be around the corner: a so-called soft landing. That’s a quite a…
If you own or drive a Tesla, your vehicle’s software is likely in need of a required safety update. The electric car company is recalling 2 million vehicles over a…
The Dow Jones Industrial Average surged to close at more than 37,000 points for the first time as investors applauded a statement from the Federal Reserve on Wednesday that it…
Detroit — Tesla is recalling more than 2 million vehicles across its model lineup to fix a defective system that’s supposed to ensure drivers are paying attention when they use…
UAW to organize workers at all US nonunion factories after winning new contracts in Detroit UAW to organize workers at all US nonunion factories after winning new contracts in Detroit…
Epic Games wins antitrust case against Google Epic Games wins antitrust lawsuit against Google 05:54 A federal court jury has decided that Google’s Android app store has been protected by…
Hottest toys of 2023 07:25 Hasbro is laying off almost 20% of its workforce amid lackluster sales during the crucial holiday shopping season, the toy-and-game maker said Monday. “Today we’re…
It’s been a good year for Taylor Swift. Swift’s Eras Tour is the first tour to cross the billion-dollar mark, according to Pollstar’s 2023 year-end charts. The announcement comes just…
Inflation’s impact may even go beyond the immediate pressure on Americans’ pocketbooks, to a larger sense that it is stifling opportunity in America and the deeper sense that the nation’s…
Consumer spending will be merry and bright this holiday season, economists predict – CBS News Watch CBS News After a period of high inflation, the U.S. has received some good…
McDonald’s said it is opening a new chain called CosMc’s that will focus on coffee and other drinks, a step that is viewed as a challenge to Starbucks and Dunkin’…
A national trade group representing retailers incorrectly attributed half of all industry losses two years ago to organized shoplifting, raising questions about how much merchandise thefts are weighing on retail…
Amazon is taking what it calls an international fraud ring to court for allegedly stealing millions of dollars in a scheme that had participants getting refunds for pricey products without…
After grappling with high inflation for more than two years, American consumers are now seeing an economic trend that many might only dimly remember: falling prices — but only on…
The Social Security Administration has demanded money back from more than 2 million people a year — more than twice as many people as the head of the agency disclosed…
Facebook and Instagram are steering children to explicit content even when no interest is expressed, and are enabling child predators to find and contact minors, New Mexico Attorney General Raúl…
Former Republican lawmaker George Santos has quickly found a way to make more money than he earned as a politician. Since his expulsion from Congress earlier this month, the embattled…
Retailers telling customers to keep returns Retailers letting customers keep unwanted items and refunding them anyway 03:32 The holiday shopping season is in full swing but it won’t be long…
Panera faces lawsuit over charged lemonade death Panera faces lawsuit over charged lemonade death 00:27 Panera Bread’s Charged Lemonade is being blamed in the death of a second person, according…
Although the cryptocurrency industry remains shadowed by recent blowups and controversy, the world’s most important token — bitcoin — is making a comeback. The value of bitcoin soared to nearly…
Gold prices are hitting record highs, topping $2,100 per ounce on Monday as investors boost their holdings of the shiny metal amid as a hedge against global conflicts and expected…
New real estate data shows sellers incurring more losses, sales down New real estate data shows sellers incurring more losses, sales down 02:14 Homebuyers faced a tough real estate market…
Walmart said Friday that it is scaling back its advertising on X, the social media company formerly known as Twitter, because “we’ve found some other platforms better for reaching our…
Wall Street’s big gains has investors bullish – CBS News Watch CBS News The Dow Jones Industrial Average on Friday topped 36,000 points for its highest close of the year.…
Consumers who eat cantaloupe are advised to be on high alert following a spate of government warnings over a deadly salmonella outbreak linked to the fruit. U.S. health officials have…
Los Angeles — Jason Luu’s 2020 Volvo XC90 has state-of-the-art remote features, such as the ability to start and stop the engine and unlock and lock the car from an…
With only one month to go before the end of the year, it’s time to take a look at those remaining funds in your FSA account. An FSA, or Flexible…
Rate hike pause could be good for your 401(k) How rate hike pause could be good news for investment plans 05:10 Stocks ended November with a bang, with the Dow…
Following recent scares involving pilots, and as a record number of travelers take to the skies, United Airlines CEO Scott Kirby told “CBS Mornings” that the company works to make…
Elon Musk faces backlash over X post Elon Musk faces backlash from lawmakers, companies over endorsement of antisemitic X post 02:23 Elon Musk, the billionaire owner of X, said the…
Police warning parents to turn new iPhone feature off on kids’ phones New iPhone feature “NameDrop” is on by default 01:59 Apple’s iPhone’s new iOS 17 operating system includes a…
The corporate owner of Sports Illustrated is denying a report that the famed publication produced articles written by artificial intelligence under fake author bylines, while noting that it has withdrawn…
Charlie Munger, long regarded as CEO Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday in a California hospital, Berkshire Hathaway said in a…
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