Page Updated: Saturday, April 20, 2024 8:18 AM ET

CBS News - Business

Volkswagen workers vote for union in Tennessee - a major win for organized labor -- UAW claims historic victory, with an overwhelming majority of VW workers at Chattanooga factory voting to unionize.

9 hours ago

A bitcoin halving is imminent. Here's what that means. -- In the next day or two, bitcoin is expected to go through a preprogrammed event that will cut new production of the cryptocurrency.

15 hours ago

Online gambling casts deepening shadow on pro sports -- Eliminating player "proposition" bets may be one way to discourage athletes from betting on sports, experts said.

19 hours ago

Trump Media warns Nasdaq about "potential market manipulation" of its stock -- Trump Media & Technology Group sent a letter to Nasdaq warning that so-called "naked" short selling could be impacting its stock.

19 hours ago

Walmart joins other big retailers in scaling back on self-checkout -- Retailers are ditching and limiting shelf-checkout at some stores, particularly those hit by theft and customer complaints.

16 hours ago

Tesla recalls nearly 4,000 Cybertrucks -- The MY 2024 Cybertrucks have faulty accelerator pedals that may be dislodged when high force is applied, the company said.

19 hours ago

Americans lose millions to wire transfer fraud. Could banks do more to stop it? -- "Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"

1 day ago

Trader Joe's pulls fresh basil in 29 states after salmonella outbreak -- Health officials are warning consumers not to consume the Infinite Herbs basil sold at Trader Joe's after 12 people were sickened.

1 day ago

Stocks waver and oil prices rise after Israeli missile strike on Iran -- Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.

23 hours ago

Why you should add gold to your retirement plan now -- Considering adding gold to your retirement portfolio? Here's why you may want to act now.

15 hours ago

Gold prices are high: How to find the best gold prices right now

15 hours ago

Why you should invest in gold before May

1 day ago

3 REASONS LONG-TERM CARE INSURANCE IS BETTER THAN PAYING OUT OF POCKET -- Here's why long-term care insurance is a better way to plan for long-term care costs than paying on your own.

16 hours ago

3 SMART LONG-TERM CARE INSURANCE MOVES TO MAKE IN YOUR 70S

16 hours ago

Best long-term care insurance companies

1 month ago

Here's how much you'd save by using a HELOC -- Borrowing your home equity could lead to savings compared to other options. Find out how much you'd save here.

18 hours ago

6 REASONS TO TAP INTO YOUR HOME EQUITY FOR CASH RIGHT NOW

18 hours ago

What are today's home equity loan and HELOC interest rates?

10 months 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.

17 days 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.

2 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.

4 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.

4 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."

4 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."

4 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.

3 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

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.

2 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.

17 days 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."

24 days 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

Retiring in America increasingly means working into old age, new book says -- America's retirement system has left behind 90% of workers. "We see big gaps with the rich and the poor in terms of who gets to retire," one expert said.

1 day ago