Page Updated: Tuesday, December 16, 2025 9:42 AM ET

CBS News - Business

Employers added 64,000 jobs in November, but U.S. unemployment rate jumps to highest in 4 years -- The nation's unemployment rate in November rose to 4.6%, its highest level since September 2021.

33 minutes ago

FDA warns 4 major retailers about selling recalled ByHeart infant formula -- Four of the nation's top retail stores failed to promptly pull contaminated ByHeart infant formula from their shelves, federal health officials said in warning letters.

54 minutes ago

New York accuses UPS of stealing wages from thousands of seasonal workers -- New York Attorney General Letitia James said UPS "played the Grinch" by allegedly shorting seasonal workers on their pay.

16 hours ago

Roomba maker iRobot files for bankruptcy, sells itself to Chinese company -- iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing. -- Dec 15

1 hour ago

Millions of Americans could see health plan costs double as ACA credits vanish -- "I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January. -- Dec 12

2 days ago

What are the prospects for laid-off workers? -- In 2025, more than 1.1 million Americans were laid off from their jobs, the most since the COVID pandemic, even as corporate profits remain high. Business experts discuss the reasons why companies resort to layoffs. -- Dec 14

1 day ago

A guide to "Made in America" holiday gifts, state by state -- The Made in America Holiday Gift Guide, promoting products made in the U.S., includes more than 150 companies from all 50 states. For small business owners, being included in this year's gift guide feels close to a Christmas miracle. -- Dec 14

1 day ago

Law prof sues Boeing, alleging exposure to toxic fumes on Delta flight -- A Temple University law professor alleges in a suit that he breathed in contaminated air on a Boeing craft, leaving him physically impaired. -- Dec 12

1 day ago

Touting Warner Bros. offer, Netflix execs vow to keep releasing movies -- Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.

22 hours ago

Planning to open a CD before 2026? Experts say to avoid these costly mistakes -- A CD account can be a great place to store money you don't need right away, as long as you avoid these mistakes.

1 hour ago

Short-term CD accounts vs. long-term CD accounts: Which will be better for 2026?

1 hour ago

How much interest will a long-term CD earn if opened in 2026?

5 days ago

Sponsored - Quicken LifeHub product review - Quicken's LifeHub aims to simplify life and money management in one place - but how well does it actually deliver? 18H ago

16 minutes ago

Quicken Business & Personal product review

18 hours ago

Quicken Simplifi product review: Everything to know now

20 days ago

Here's how much a $700,000 mortgage can cost per month, following the December Fed rate cut -- The monthly costs of a mortgage loan of this size are considerably lower than they were at the start of 2025.

18 hours ago

What are today's mortgage interest rates: December 15, 2025?

18 hours ago

What are the monthly payments on a $600,000 mortgage now, after the Fed's December rate cut?

1 day 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.

8 months 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.

8 months ago

Personal finance advice doesn't work for most Americans, economists say -- Personal finance is too complex for most people to navigate, two economists contend in a new book. Is there a better way to help people deal with money?

13 days ago

How a change to Social Security could impact retirement in 2026 -- Social Security's full retirement age is changing next year, affecting when the youngest baby boomers and Gen Xers can collect 100% of their benefits.

28 days ago

The IRS is raising your 401(k) and IRA contribution limits for 2026 -- The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.

1 month ago

This word sums up how workers are feeling these days, Glassdoor says -- Here's how many employees say they are feeling amid festering concerns about the economy, AI and other issues, according to the job-search firm.

5 days ago

For Gen Zers, finding work after college is often a painful slog -- "It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.

10 days ago

The U.S. urgently needs air traffic controllers. Here's what the job requires. -- Aviation experts worry that the recent government shutdown could make it hard for the U.S. to recruit a new generation of air traffic controllers.

20 days ago