Page Updated: Monday, July 06, 2026 7:05 AM ET
CBS News - Business
One year later, here's who won - and lost - under the OBBBA -- A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
2 days ago
Exclusive - Bessent on Trump's crypto earnings: "I don't think there's an appearance problem" Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy. Jul 22 days ago
How to save money on air conditioning as electric bills climb -- As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.2 days ago
Trump Accounts launch July 4. Here's how they work. -- People can begin depositing money in the new tax-deferred investment accounts on Saturday, with eligible children receiving a $1,000 government contribution.3 days ago
U.S. says it's monitoring oil markets for price-fixing, urges states to do same -- Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.2 days ago
Spotify removes streams of No. 1 song after suspicious Kalshi bets -- Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.3 days ago
More than 100,000 fireworks recalled ahead of July 4 -- Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.2 days ago
StubHub accused of failing to deliver pricey World Cup tickets -- Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.3 days ago
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban? -- As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.3 days ago
What not to do if your CD account matures this July -- Have a CD account with a July 2026 maturity date? Here are three things to avoid doing before that point.3 days ago
How much interest will an $18,000 long-term CD account earn if opened this July?3 days ago
How much interest can a $55,000 CD account earn if opened now?4 days ago
Which AC settings can actually lower your electric bill this summer? -- Dealing with high electric bills this summer? A few changes to your AC settings may help trim your cooling costs.3 days ago
Will a new central air conditioning unit lower your electric bill?3 days ago
Will a home warranty cover the cost of a central air conditioning unit?3 days ago
Silver's price is down 49% since January. Is it still a good investment? -- The price of silver has dropped substantially from a January high. Here's why it's still a good investment anyway.3 days ago
Is silver a better investment than gold this summer? Experts weigh in3 days ago
Here's why a gold investment makes sense right now13 days ago
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs -- CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.1 year ago
MoneyWatch price tracker shows how much food, utility, housing costs are rising -- These charts track prices consumers pay for groceries and other goods now compared to five years ago.1 year ago
Social Security faces looming benefit cuts. Can the program be saved? -- Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.18 days ago
Here's the retirement challenge nobody talks about -- Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.26 days ago
Social Security checks could be cut by $500 a month in 2032, report finds -- Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.1 month ago
Can an AI agent cover for you while you're at the beach? -- "AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.27 days ago
Working remotely can hurt people's mental health, research finds -- Although working remotely offers flexibility, it also takes a toll on people's mental health, experts said.27 days ago
The main reason some young college grads are struggling to find work -- Economists at the New York Federal Reserve say they've identified the main reason some recent college grads are having trouble landing a job.1 month ago