Page Updated: Saturday, May 18, 2024 12:50 PM ET
CBS News - Business
Dow closes above 40,000 for first time, notching new milestone -- Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
20 hours ago
Mercedes-Benz workers in Alabama vote against joining the UAW -- Employees of the German luxury car maker reject membership in the United Auto Workers after a contentious campaign.21 hours ago
Samsung trolls Apple after failed iPad Pro "crush" ad -- Samsung piles on with its on ad after Apple apologizes for a spot that it acknowledged "missed the mark."19 hours ago
TikTok says it's testing letting users post 60-minute videos -- TikTok is allowing select users to upload longer-form videos as the social media app looks to compete with YouTube. -- May 171 hour ago
Apple agrees to $35 million settlement with some iPhone 7 users -- The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs. -- May 1711 hours ago
Looking to purchase a home? These U.S. cities are the most buyer-friendly. -- A wave of new construction has turned cities in Texas and Florida into the country's friendliest markets for homebuyers. -- May 172 hours ago
U.S. citizen accused of helping North Korean IT workers infiltrate U.S. companies -- Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker. -- May 1622 hours ago
Chevy Bolt owners win $150 million settlement after EVs caught fire -- Some owners of the electric vehicle will be eligible for compensation of up to $1,400 because of a battery problem that caused fires.23 hours ago
Biden's Chinese EV tariffs don't address lingering national security concerns -- The 100% Chinese EV tariffs are meant to head off economic risks, but some Democrats say Chinese EVs should be banned entirely for security reasons.1 day ago
3 MOVES TO AVOID AS GOLD'S PRICE RISES -- Considering buying gold at today's high price? Then you'll want to avoid making these three moves.21 hours ago
What is the price of gold today?7 months ago
3 REASONS TO INVEST IN GOLD AS INFLATION COOLS21 hours ago
How much interest would a $10,000 6-month CD earn now? -- You could earn a significant return on your money simply by depositing some of it into a six-month CD right now.21 hours ago
Why you should open a 6-month CD this May5 days ago
What are today's CD interest rates?11 months ago
3 reasons to use home equity before June -- Are you considering a home equity loan or HELOC? Here's why you may want to apply before June.22 hours ago
What are today's home equity loan and HELOC interest rates?11 months ago
Home equity levels are rising: 3 reasons to tap in now1 day ago
Tesla sales drop as competition in electric vehicle market heats up -- Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.1 month ago
Virtual valentine: People are turning to AI in search of romance -- The generative artificial intelligence boom has led to the emergence of romantic companion bots.3 months ago
Apple halting Apple Watch Series 9 and Ultra 2 sales. Here's why. -- Apple said it will stop selling the devices later this month in order to comply with a U.S. import ban.5 months ago
Elon Musk restores X account of far-right conspiracy theorist Alex Jones -- Alex Jones, the conspiracy theorist known for his fake news site InfoWars and his false denial of the Sandy Hook massacre, was permanently banned from Twitter in 2018.5 months ago
Think twice before scanning a QR code - here's why -- More than 90 million consumers will scan a QR code this year. But the technology can also facilitate identity theft.5 months ago
Elon Musk says advertiser boycott at X could "kill the company" -- The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."5 months ago
OpenAI says Sam Altman returning as CEO days after board sacked him -- OpenAI co-founder Sam Altman says he's looking forward to returning to the company, with the support of Microsoft's CEO, to build the 2 companies' "strong partnership."5 months ago
Elon Musk says X will donate ad, subscription revenue tied to Gaza war -- Musk, who is under fire for supporting an antisemitic post, said the money will be donated to hospitals in Israel and to the Red Cross in Gaza.4 months ago
Microsoft hires Sam Altman 3 days after OpenAI fired him as CEO -- Altman landed at Microsoft, the biggest investor in OpenAI, as former Twitch leader Emmett Shear was named OpenAI's new chief executive.5 months ago
This small U.S. town is considered the best place to retire. Here's why. -- With a relatively low average monthly cost of living and a low crime rate, this little-known town has a lot to offer retirees according to one report.21 days ago
Two-thirds of boomers nearing 65 don't have enough saved for retirement -- The U.S. is reaching "peak 65," marking the largest retirement wave in American history. But the financial outlook for many is grim.1 month ago
Here's how much Americans say they need to retire -- Americans are underprepared for retirement, with the average account holding just $88,400 in savings.1 month ago
America's retirement age of 65 is "crazy," BlackRock CEO says -- BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."1 month ago
Some Americans want a 40-year retirement. Can they afford it? -- About 1 in 8 workers think they'll retire by age 61. But the reality of saving for decades of expenses is daunting.1 month ago