Page Updated: Friday, May 17, 2024 5:34 AM ET

CBS News - Business

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.

30 minutes ago

Dow hits 40,000 for the first time as bull market accelerates -- Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.

15 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.

14 hours ago

Half of Amazon warehouse workers struggle to pay for food, housing, report says -- The report also highlights the financial destruction that can occur when workers take unpaid time off after being hurt or tired from the job. -- May 15

8 hours ago

Older Frigidaire and Kenmore ranges pose risk of fires, maker warns -- The manufacturer has received multiple reports of fires and injuries since the ranges were originally recalled more than a decade ago.

15 hours ago

More employees are cheating on workplace drug tests. Here's how. -- Experts call for better drug testing procedures as more states legalize marijuana and societal norms change. -- May 15

12 hours ago

Walmart chia seeds sold nationwide recalled due to salmonella -- Private-label food supplier recalls 32-ounce pouches of Great Value Organic Black Chia Seeds because of potential contamination.

18 hours ago

McDonald's to offer $5 meal promo in effort to reinvigorate sales -- McDonald's CEO Chris Kempczinski said recently the company must be laser-focused on keeping prices affordable.

1 day ago

Red Lobster is closing nearly 50 restaurants. Here's where they're located. -- The struggling restaurant chain is moving to cut costs by shuttering restaurants in 21 states. -- May 15

19 hours ago

Banks vs. credit unions: Which option is best for your savings? -- There can be differences when it comes to interest rates, technology and access to financial products and services.

22 hours ago

4 big reasons to open a CD right now

2 days ago

Why you should open a CD and high-yield savings account this week

2 days ago

4 WAYS TO AVOID MORTGAGE RATE LOCK EXTENSION FEES -- Facing pricy mortgage rate lock extension fees? Try taking these approaches now.

22 hours ago

What to know about getting a mortgage after bankruptcy

22 hours ago

Inflation just fell. Will mortgage rates fall now?

22 hours ago

Passive income ideas that really work, according to experts -- Need extra cash? These five strategies can help you get it.

22 hours ago

3 OF THE BEST SIDE HUSTLES TO CONSIDER RIGHT NOW

22 hours ago

How to make extra cash in your free time

22 hours 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.

4 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.

20 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.

28 days 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