What is the best time to claim your social security? What is the best time to claim your social security? 03:51 Millions of retired teachers, firefighters, police officers and others with public pensions will be reaping the benefits of the recently passed Social Security Fairness Act sooner than first projected,…

Signs luring customers to pop-up auctions with the possibility of getting fancy cars and fine jewelry at bargain prices have been showing up across the U.S., but the goods aren’t always what they seem.  At one auction in Northbrook, Illinois, last summer, CBS News saw a bustling room with what…

Joann is going out of business, with the more than 80-year-old fabric and crafts retailer set to close all of its stores nationwide after filing for Chapter 11 bankruptcy protection for a second time.   Struggling with weak sales, Joann said earlier this month it would close 500 of its…

Egg prices jumped more than 15% in January from a year ago, with a carton of eggs costing Americans roughly $4.95. Producers blame it on the bird flu that has forced them to euthanize millions of chickens. With relief not expected anytime soon, some egg consumers are now looking for…

Ford and Rivian have issued recalls affecting a total of about 257,000 vehicles in the United States over separate seatbelt and headlight issues, the National Highway Traffic Safety Administration said on Friday. Ford is recalling 240,510 Explorers and Lincoln Aviators from 2020-2021 because the seatbelt buckle anchor bolts at one…

Tesla is recalling more than 376,000 vehicles because a possible loss of power steering that requires greater effort from the driver to steer, increasing the risk of a crash. The electric car maker reported in a regulatory filing last week that in vehicles equipped with electronic power-assisted steering (EPAS) an “overvoltage…

What to know about U.S food safety What to know about recall concerns, U.S food safety 02:34 At least 11 deaths have been linked to cartons of frozen shakes sold to nursing homes and long-term care facilities that are being recalled after an outbreak of listeria, the U.S. Food and…

Stocks tumbled on Friday after weaker-than-expected economic reports suggested that President Trump’s policies could be impacting U.S. business activity, while consumer sentiment dropped to a 15-month low. Both the S&P 500 and the Dow Jones Industrial Average slumped 1.7% on Friday, marking their worst one-day declines since December 18, according…

Tax filing season is upon us, and some people are worried it may take longer to get their refunds as President Trump says he intends to make significant cuts to the IRS during its busy period.  Tax experts say these concerns are valid and that it’s more important than ever to file…

Last fall, before being named the senior U.S. health official, Robert F. Kennedy Jr. said the Trump administration would liberate Americans from the FDA’s “aggressive suppression” of vitamins, dietary supplements, and other substances — ending the federal agency’s “war on public health,” as he put it. In fact, the FDA…

The nation’s largest airlines are looking to rescind new consumer protection rules for travelers with disabilities, arguing in court filings that the U.S. Department of Transportation had exceeded its authority in enacting them.  In a lawsuit filed on Tuesday with the U.S. Court of Appeals for the 5th Circuit, the trade group…

Online searches for gambling addiction-related terms have surged in recent years across the U.S., especially in states that have legalized online sports betting, according to a study published on Monday in the American Medical Association’s peer-reviewed journal. Since the Murphy v. National Collegiate Athletic Association Supreme Court decision allowed states…

Mackenzie Scott, the philanthropist and ex-wife of Amazon founder Jeff Bezos, has pioneered a new kind of giving that has proved transformative for nonprofit organizations.  Since 2019, Scott, who is estimated by Forbes to be worth more than $32 billion, has given away $19 billion in no-strings-attached gifts to more…

The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Trump’s hardline trade policies. At the Commerce Department, Lutnick, who was CEO at the investment firm Cantor Fitzgerald, will oversee 50,000 employees who do everything from collecting economic statistics to running…

The National Science Foundation — an independent federal agency that funds scientific research around the globe — has fired 168 probationary employees in adherence to orders from the White House, according to an agency spokesperson. The dismissals, effective as of Tuesday, were made to ensure compliance with an executive order…

Social Security Administration Acting Commissioner Michelle King has stepped down from her role at the agency, a Trump administration official confirmed to CBS News. King was replaced by Leland Dudek, who oversaw the SSA fraud investigation office, and then she resigned, according to this official.  White House spokesperson Harrison Fields…

The presence of Elon Musk’s cost-cutting task force, the Department of Government Efficiency, at the IRS is sparking fresh concerns from Democratic lawmakers about the safety of taxpayer information, and whether the group’s work could cause delays in taxpayers receiving their refunds.  In a Feb. 17 letter to the IRS,…

Hundreds of federal workers laid off, more expected, sources say Hundreds of federal workers laid off, more expected, sources say 02:07 George Washington’s birthday, the state and federal holiday commonly known as Presidents Day, falls this year on Feb. 17, 2025. With regular U.S. mail service suspended and the post…

YouTube TV has reached a deal with Paramount to keep channels like CBS, Comedy Central, Nickelodeon and MTV days after failed negotiations for a new contract had briefly left the future of their streaming alliance in limbo. “We’re happy to share that we’ve reached a deal to continue carrying Paramount…

Workers at an Amazon warehouse in North Carolina rejected a proposal to unionize, becoming the latest group of the company’s employees to side against union representation. About three-quarters of employees at an Amazon fulfillment center in Garner, a town located near Raleigh, voted against joining a grassroots labor organization called…

Sen. Richard Blumenthal, the ranking member on the Senate Permanent Subcommittee on Investigations, sent a letter to Secretary of State Marco Rubio Thursday night demanding answers and documents relating to the State Department’s possible purchase of $400 million worth of armored Tesla Cybertrucks from the company run by Elon Musk.…

Probational federal employees who lost their jobs on Thursday as part of the Trump administration’s mass firing of government workers expressed shock and anger at the terminations, which they contend will hurt the government’s ability to provide services.  President Trump is moving quickly to shrink the U.S. federal government — the nation’s…

Why activists are calling for a boycott of Target Why activists are calling for a boycott of Target 05:32 The daughters of one of the cofounders of Target are expressing their alarm and shock at the discounter’s recent moves to roll back its diversity, equity and inclusion initiatives that have…

President Trump is moving swiftly to shrink the U.S. federal government — the nation’s largest employer — a move that he has said will slash wasteful spending and make the nation’s civil workforce more responsive to his administration’s dictates.  Mr. Trump has described the federal government as “bloated” and filled…

President Trump on Thursday signed a memorandum directing his administration to weigh reciprocal tariffs, threatening to impose levies on U.S. imports from nations that put higher duties on American products.  “I’ve decided for purposes of fairness that I will charge a reciprocal tariff,” Mr. Trump said in the Oval Office…

Japanese auto giants Honda and Nissan on Thursday confirmed they had scrapped merger talks announced in December, bringing an end to a tie-up that would have created the world’s third-largest automaker. The firms said in a joint statement that they “agreed to terminate the MOU (memorandum of understanding) signed on…

Supporters of the Foreign Corrupt Practices Act (FCPA) praise it as an important anti-bribery statute that keeps corporations honest when doing business outside the U.S. By contrast, the law’s detractors say it unfairly hobbles American companies, giving an advantage to foreign players.  On Monday, President Trump took a side. “It…

Disputes over USAID may be jeopardizing food shipments in Boston earmarked for those in need Disputes over USAID may be jeopardizing food shipments in Boston earmarked for those in need 02:18 Almost $500 million in food aid is at risk of spoilage as it sits in ports, ships and warehouses…

Google’s online calendar has removed default references for a handful of holidays and cultural events — with users noticing that mentions of Pride and Black History Month, as well as other observances, no longer appear in their desktop and mobile applications. The omissions gained attention online over the last week,…

President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Mr. Trump wrote in a…

President Trump is again turning to tariffs to advance his trade agenda, with plans to enact a new round of 25% import duties on all steel and aluminum imports. Although the idea is to protect U.S. manufacturers from unfair competition, consumers could end up paying more for some products that…

President Trump said Sunday that he will announce 25% tariffs on all steel and aluminum imports into the United States on Monday. Mr. Trump, speaking on Air Force One on the way to New Orleans to attend the 2025 Super Bowl, said he would also announce “reciprocal tariffs” on Tuesday…

You know those Progressive Insurance commercials? Comedian Stephanie Courtney has played Flo the Insurance Woman in 215 ads, so far. She’s helped turn Progressive into America’s second-largest insurance company. She is, by any measure, one of the most successful actors in the world – on television nonstop for 16 years,…

The Trump administration, in a letter Thursday, directed states to stop spending money for EV charging infrastructure — funds that had been allocated under former President Joe Biden. President Trump has slammed federal funding for electric vehicle chargers as “an incredible waste of taxpayer dollars.” But the administration may need…

The 2025 Super Bowl kicks off Sunday, Feb. 9, in New Orleans when the Kansas City Chiefs will face the Philadelphia Eagles in an event that’s expected to draw huge crowds and potentially even bigger fanfare. Like in previous years, those who do show up for the game will have…

On the eve of Super Bowl 59, the Philadelphia Eagles and Kansas City Chiefs aren’t the only ones dreaming of touchdowns. Brands and advertisers with millions riding on the success of commercials to be aired during the 2025 Super Bowl broadcast are also hoping to score. Here’s a look at how much money goes…

President Trump’s tariffs on U.S. imports from Canada and Mexico could lead to higher domestic vehicle prices and dent profit margins for automakers, according to industry analysts. The average $25,000 price of a car imported from Mexico or Canada could jump $6,250 if the tariffs take effect, according to an…

Millions of federal workers have more time to ponder their next career move after a judge on Thursday suspended the Office of Personnel Management’s (OPM) deadline for them to accept or reject the agency’s “deferred resignation” offer. The cutoff to take the deal had been set to expire at on Thursday…

Ultra-cheap clothing from China could get more expensive under President Trump’s new tariffs, and help Amazon edge out competition from overseas.  An additional 10% tariff on all Chinese goods went into effect on Tuesday, the same day President Donald Trump agreed to pause  tariffs against Mexico and Canada for 30…

Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. “I chose an old home in an old neighborhood because it has soul,” said Hamlin, a 51-year-old single mom with a teenage boy, who bought her…

Elon Musk’s Department of Government Efficiency team has been given “read only” access to the Treasury Department’s federal payment system, and federal expenditures have not been affected, the Treasury said in a letter to Congress late Tuesday.  The letter, from Jonathan Blum, a Treasury official, said that a review of…

Billionaire Elon Musk is categorized as a “special government employee” through his work with the Department of Government Efficiency, or DOGE, a cost-cutting initiative created by President Trump to find ways to trim federal spending.  Musk’s employee status was confirmed by White House spokeswoman Karoline Leavitt on Monday, although she…

China said Tuesday it would counter President Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust investigation into Google and other trade measures aimed at the U.S. China said it would implement a 15% tariff on coal and liquefied natural…

Climate change will wipe out about $1.47 trillion in U.S. home values over the next three decades and hasten economic gaps in U.S. communities, a report released on Monday finds. Already high insurance rates are escalating, rendering large portions of the nation’s largest cities unaffordable, according to a study by…

President Trump, an avowed fan of tariffs, imposed a wave of new import duties Saturday on America’s three closest trading partners — Mexico, Canada and China.  Although tariffs are a bane to most economists, they are a widely used as a tool for regulating international trade and for shielding domestic industries from…

Knopf We may receive an affiliate commission from anything you buy from this article. In Bill Gates’ new autobiography, “Source Code: My Beginnings” (published February 4 by Knopf), the computer pioneer and philanthropist writes of his formative years, and the experiences that led him to the then-burgeoning world of computers.…

President Trump on Saturday signed an executive order that imposes 25% tariffs on imports from Canada and Mexico, while adding an additional 10% levy on goods from China. Canada responded hours later with retaliatory tariffs of its own, while Mexico said it was also planning to issue tariffs on the…

Blue Ridge Beef recalled their natural mix for dog food across eight states, the FDA said Friday in an alert. The company is recalling 5,700 lbs. of their 2 lb log Natural Mix due to a contamination of salmonella. In December, Blue Ridge Beef recalled 9,600 pounds of Puppy Mix sold in…

Americans could soon be paying more for everything from automobiles to avocados if the Trump administration proceeds with its plan to slap stiff new tariffs on the nation’s three largest trading partners starting Feb. 1. President Trump will impose 25% tariffs on imports from Mexico and Canada starting this weekend, as well…

As Robert F. Kennedy Jr.’s confirmation hearings to serve as the nation’s top health official play out on Capitol Hill, President Trump’s nominee to lead the Department of Health and Human Services is facing scrutiny not only for his anti-vaccine views, but whether he profits from them.  If confirmed, Kennedy…

Increased tariffs on Canada, Mexico could hike prices in the U.S. Increased tariffs on Canada, Mexico could hike prices in the U.S. 04:16 On the day of his inauguration, President Trump threatened steep new tariffs against key U.S. trading partners. Now he may be primed to deliver.    Mr. Trump…

Activists, community leaders call for boycott of Target over DEI rollback Activists, community leaders call for boycott of Target over DEI rollback 01:39 MINNEAPOLIS — Activists are calling for a nationwide boycott of Target stores following the company’s decision to roll back its diversity, equity and inclusion initiatives. The company announced…

At Market Basket locations in some parts of Massachusetts, customers are being asked to limit their egg purchases to two cartons per family. Another shopper on the hunt for eggs, this one in Las Vegas, reported finding empty shelves at a local grocery store. On social media, a consumer accustomed to paying around $2…

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.  The Fed held its benchmark rate steady on Wednesday at its current range between 4.25%…

A White House memo ordering a broad freeze on federal grants and loans by 5 p.m. Tuesday has ordinary Americans who depend on such aid, as well as seasoned budget experts, scratching their heads. The memo suspending the federal funding was vague in its wording, causing confusion within federal assistance…

Starbucks customers will notice some changes brewing. Starting Monday, stores are bringing back the condiment bar and offering free refills of hot or iced brewed coffee and tea for dine-in customers. The self-serve condiment bars, home to creamers, milk, sweeteners and stirrers, were removed from Starbucks locations during the early…

Workers at a Whole Foods Market in Pennsylvania voted to unionize on Monday, becoming the first group of employees to pull off a labor win at the Amazon-owned grocery store chain. Employees at the Philadelphia store at 21st Street and Pennsylvania Avenue cast 130 votes — or about 57% of…

A Chinese artificial intelligence company called DeepSeek is grabbing America’s attention — and sending a shock wave through Wall Street — due to its new tech, which some experts say rivals that of OpenAI’s ChatGPT.  DeepSeek is also catching investors off guard because of the low development costs for its…

Perplexity AI has presented a new proposal to TikTok‘s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter. The proposal, submitted last week, is a revision of…

Women’s soccer has its first million-dollar player after United States defender Naomi Girma moved from San Diego Wave to Chelsea on Sunday. Chelsea announced the signing of Girma without disclosing the fee but The Athletic and the BBC were among those reporting the English champions have spent 900,000 pounds ($1.1…

Stellantis, the parent company of Chrysler, is recalling more than 63,000 Jeep Cherokees because of a defect that causes the vehicles to lose power and impede parking, increasing the risk of a crash, according to a recall notice posted Wednesday by the National Highway Traffic Safety Administration.  As a result…

Among the flurry of executive orders since his Jan. 20 inauguration, President Donald Trump has taken aim at rooting out diversity, equity and inclusion, or DEI, programs within the federal government. But his efforts go beyond DEI, with one recent order rescinding a Civil Rights-era rule that has helped protect millions…

Breaking down the TikTok ban and reaction Did TikTok legally have to shut down, or did its leadership choose to? 05:23 Some fast-acting entrepreneurs are selling phones with TikTok preloaded on devices for thousands of dollars online, after the social media app was momentarily unavailable in the U.S. ByteDance voluntarily shut…

What is DEI and why is it facing pushback? What is DEI and why is it facing pushback? 02:42 Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come…

Whippany, New Jersey — Tom Maoli, the owner of a new and used car dealership in New Jersey, says drivers could see a big jump in prices if President Trump follows through on his threat to impose 25% tariffs on Mexico and Canada.  “Every car that comes out of any…

As interest rates climbed, major banks charged borrowers more for mortgages and auto loans, yet never increased payouts to savers, despite telling lawmakers they would do so, say two U.S. senators in letters to seven CEOs, shared exclusively with CBS News. In March 2022, the Federal Reserve started raising the…

Howard Lutnick, the billionaire financial executive named by President Trump to head the Commerce Department, has agreed to divest his holdings in a range of business interests, including stepping down from his longstanding position as head of the brokerage and investment bank Cantor Fitzgerald. Lutnick also agreed to step down…

President Trump announced Tuesday billions of dollars in private sector investment to build artificial intelligence infrastructure in the United States, although Elon Musk soon cast doubt on the size of the investment. OpenAI, Softbank and Oracle are planning a joint venture called Stargate, Mr. Trump said in a White House…

President Trump proclaims US government will only recognize two genders: Response from Mass Equality President Trump proclaims US government will only recognize two genders: Response from Mass Equality 06:12 President Trump signed executive orders Monday and Tuesday that aim to end diversity, equity and inclusion programs within the federal government.…

President Trump is keeping his powder dry, at least for now, in deploying tariffs to advance his administration’s push to redefine trade relations with other major economies around the world.  Mr. Trump, who as president-elect said he could move to apply sweeping levies on foreign imports on his first day in office,…

What’s next for Trump on TikTok ban? What’s next for Trump on TikTok ban? 03:08 Washington — President Trump signed an executive order on Monday directing the Justice Department to not enforce a law that effectively bans TikTok for 75 days.  It directs the Justice Department not to take action…

A sweeping federal cost-cutting effort led by Elon Musk and Vivek Ramaswamy, the Department of Government Efficiency (DOGE), is facing multiple lawsuits, with the litigation coinciding with President Trump’s January inauguration. One suit, filed Monday by a public interest law firm called National Security Counselors, claims DOGE is operating as a…

Washington — The Supreme Court on Friday rejected a challenge to a new law requiring TikTok to either sever ties with its China-based parent company or be banned in the United States, finding it did not violate the First Amendment rights of the platform or its users. The high court’s…

SCOTUS upholds TikTok ban unless parent company sells it SCOTUS upholds TikTok ban unless parent company sells it 02:26 Small businesses and content creators are bracing for impact if TikTok goes dark this weekend after the Supreme Court on Friday upheld a law banning the app unless it is sold by…

Want to reduce spending without quitting consumption cold turkey? A “low-buy” year is trending for this very reason — and it can have a positive impact on not only your finances but also your mental health.  A modified version of previously popular “no buy” pledges, the low-buy version attracts a…

President-elect Donald Trump launched his own cryptocurrency on Friday, sparking a feverish buying that apparently sent its market capitalization soaring to several billion dollars. In a message posted on his Truth Social platform and X, Trump unveiled the so-called meme coin, which is designed to capitalize on the popularity of…

Washington — The 170 million TikTok users in the U.S. could be in for a rude awakening come Sunday if they suddenly find the enormously popular video-sharing app is inaccessible because of a law passed by a bipartisan majority in Congress last year. Lawmakers and U.S. officials have sounded the…

Although some major political figures will notably be absent from President-elect Donald Trump’s inauguration on Monday, some of the world’s most prominent business leaders are scheduled to attend his swearing-in.  Top technology company CEOs, whose companies have collectively donated millions to Trump’s Presidential Inaugural Committee, are expected to have a…

Capital One is working to resolve a technical issue that had thousands of customers reporting problems with direct deposits on Thursday. More than 2,000 people had reported issues with Capital One banking as of Thursday morning, according to Down Detector, an online service that tracks tech outages. The problem had abated…

In a move to help close the pay gap between men and women in college sports, the NCAA will now pay Division I women’s basketball teams who play in March Madness games starting this year. After a historic vote on Wednesday, women’s teams will now receive “performance units” for every…

As disasters linked to climate change become more frequent in the U.S., homeowners across the country are paying the price through skyrocketing insurance costs — and not only in states like Florida and California that are considered most vulnerable to global warming.  The Los Angeles wildfires, which have decimated neighborhoods…

As deadly wildfires continue to rage in Los Angeles, attorneys representing those affected are headed to court, with multiple lawsuits alleging negligence by at least two public utilities in Southern California.  Southern California Edison is accused of failing to maintain power lines and other equipment, allegedly helping to spark the…

The Securities and Exchange Commission on Tuesday filed a lawsuit against Elon Musk, alleging the X owner misled shareholders about his Twitter stock purchases in 2022.  The suit alleges Musk violated federal securities laws, enabling him to purchase shares of Twitter at artificially low prices before his $44 billion takeover…

McDonald’s is being sued over its long-running program offering scholarships to Latino and Hispanic students.  The lawsuit filed in Nashville on Sunday by the American Alliance for Equal Rights (AAER), a group opposed to affirmative action, came days after McDonald’s added its voice to a chorus of corporations rolling back…

Starbucks is reversing its open-door policy after almost seven years, now requiring that people make a purchase if they want to hang out at its coffee shops or use its restrooms.  The coffee giant said on Monday that a new code of conduct – which will be posted in all…

Kohl’s, the struggling department store retail chain, is planning to close dozens of “underperforming” store locations around the U.S. by April, the company announced.  “While Kohl’s continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores,” the company said in announcing…

New York City’s congestion pricing picks up speed – CBS News Watch CBS News The first congestion pricing plan in the United States has begun in New York City, charging most drivers $9 a day to enter Midtown and Lower Manhattan at peak hours. The long-debated plan, which has garnered…

By some measures, New York City’s traffic is more congested than it’s ever been. Enter: Congestion pricing. Since last Sunday, during most hours, cars crossing into the lower half of Manhattan are charged nine dollars. There’s a higher toll for trucks.  Fourteen hundred cameras keep tabs on the roughly 150,000…

Lockheed Martin, the multinational defense and aerospace firm, is one of the latest big businesses to donate a million dollars to President-elect Donald Trump’s inaugural committee.  Recent major donors include Meta, Microsoft, Amazon, Google, Amazon, Apple’s Tim Cook, and OpenAI’s Sam Altman.  Lockheed committed the money Dec. 2. But it…

A look at DEI’s impact on businesses and education A look at DEI’s impact on businesses and education 06:51 Meta is ending its key diversity, equity and inclusion programs, joining other corporate giants like Ford, McDonald’s and Walmart that have pulled the plug on their DEI initiatives.  Meta’s move comes three…

Local businesses as well as national chains in the Los Angeles area are stepping up to help people affected by the devastating wildfires ravaging the area. Here’s where people can get support, from temporary shelter and shower facilities, to free Wi-Fi and telehealth appointments. A place to rest and recharge…

Tesla is recalling more than 240,000 vehicles because of a rearview visibility issue. In a regulatory filing this week, the National Highway Traffic Safety Administration said the electric automaker reported that a computer circuit board on certain Model 3, S, X and Y vehicles may short, resulting in the loss of…

Still-growing Palisades Fire destroys thousands of structures Still-growing Palisades Fire destroys thousands of structures 05:20 The army of firefighters battling the massive Southern California wildfires includes workers who could otherwise remain safely behind bars. As of Thursday, 783 prison inmates have been deployed by the California Department of Corrections and Rehabilitation…

Pacific Palisades, the Los Angeles neighborhood that’s been devastated by the Palisades Fire, is emblematic of the insurance nightmare increasingly facing homeowners residing in regions prone to climate disasters. About 1,600 policies in Pacific Palisades were dropped by State Farm in July, California Department of Insurance spokesman Michael Soller said…

East and Gulf Coast port operators late Wednesday struck an agreement with a dockworkers union, resolving a labor dispute that had threatened to halt shipments for a second time in three months. The two sides — the International Longshoremen’s Association and the United States Maritime Alliance — announced in a joint statement…

The Department of Government Efficiency, or DOGE, headed by billionaires Elon Musk and Vivek Ramaswamy, says it is hiring “a very small number” of full-time, salaried positions.  The solicitation, posted on the Musk-owned social media platform X, comes after the group already said in November that it had received thousands of…

Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration. The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the…

Verizon settlement payments have started hitting customers’ bank accounts as a $100 million resolution of a class-action lawsuit. Eligible customers had until April 15 to claim their share of the $100 million class-action settlement alleging customers who purchased postpaid wireless plans were charged administrative fees that the company had not advertised.…

A winter storm that is spreading across much of the U.S. is snarling travel, with thousands of flights either canceled or delayed on Monday morning. Amtrak also canceled several routes along the East coast and Mid-Atlantic states.  As of Monday morning, about 34 million Americans are under winter storm warnings…

Winter Storm Blair knocked out utilities for hundreds of thousands of customers across the U.S., leaving many American households in the dark Monday.  More than 300,000 electric customers were without power as of late Monday morning, led by the state of Virginia where nearly 110,000 customers are without power, according…

President Biden on Sunday signed legislation expanding Social Security benefits for millions of retired Americans, including firefighters, police officers and teachers. “Americans who have worked hard all their life to make an honest living should be able to retire with economic security and dignity,” Mr. Biden told a gathering at…

As Winter Storm Blair threatens to disrupt travel for passengers traveling to or from dozens of U.S. airports this weekend, Airlines are taking steps to help travelers rebook scheduled flights without incurring change fees. The storm is expected to sweep across central and eastern U.S. states, bringing with it heavy…

The Biden administration’s move on Friday to block Nippon Steel’s proposed purchase of U.S. Steel raises questions about the once iconic American company’s future, with industry sources saying the manufacturer could struggle to energize growth or attract rival acquisition bids. President Biden stopped the $15 billion deal over national security and supply-chain…

“Breaking Bad” stars meet fans in Boston “Breaking Bad” stars meet fans in Boston 00:52 The house made famous by the “Breaking Bad” TV series is up for sale, and the owners of the otherwise unassuming home in one of Albuquerque’s older neighborhoods are hoping the property’s role in the…

President Biden on Monday is expected to sign into law legislation extending full Social Security benefits to nearly 3 million U.S. retirees, according to advocates for the measure.  Decades in the making, the Social Security Fairness Act would eliminate two federal policies that prevent former police officers, firefighters, postal workers,…

The U.S. Department of Transportation on Friday announced a $2 million fine against JetBlue for “operating multiple chronically delayed flights,” marking the first such penalty by the federal agency. Airlines are prohibited from offering unrealistic schedules that don’t reflect actual flight departure and arrival times, yet an investigation by the…

President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel’s $14.9 billion acquisition of U.S. Steel, according to people familiar with the process. The president has said in the past he opposed the deal, saying it was vital for U.S. Steel…

China on Thursday said it was adding dozens of American companies to its export control list to “safeguard national security and interests.”  China’s Ministry of Commerce said it would impose measures on 28 U.S. entities and would also prohibit exports of dual-use items to the listed companies starting on Thursday,…

A Tesla Cybertruck that exploded outside the Trump Towers in Las Vegas early Wednesday, killing one person in the vehicle, is being investigated as a possible act of terrorism, according to law enforcement.  Investigators do not believe there’s “any other danger to the community right now,” FBI agent Jeremy Schwartz…

Financial expert shares last-minute tax tips for 2024 Financial expert shares last-minute tax tips for 2024 04:49 Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates, according to an analysis from the…

A massive power outage blanketed most of Puerto Rico early Tuesday, leaving more than 1.2 million people without electricity. Here’s what to know about the blackout and Luma Energy, which handles distribution and transmission of electricity on the island.  What caused the blackout? Luma Energy said in a statement that it is…

New Year’s Eve ball in Times Square Final year for the current New Year’s Eve ball in Times Square 01:40 It’s mostly business as usual, or close to it, on Wall Street as well as at the nation’s banks, restaurants and fast-food chains today on New Year’s Eve 2024. If…

Chinese hackers remotely accessed several U.S. Treasury Department workstations and unclassified documents after compromising a third-party software service provider, the agency said Monday. The department did not provide details on how many workstations had been accessed or what sort of documents the hackers may have obtained, but it said in…

Gardners Candies is recalling Cappuccino Meltaway Bars sold nationwide because they may contain undeclared cashews, which can pose serious or life-threatening reactions in people with tree nut allergies.  The Tyrone, Pennsylvania-based candy maker initiated its recall after discovering the “tree nut-containing product was distributed in packaging that did not reveal…

Treasury Secretary Janet Yellen said in a letter sent to congressional leaders Friday afternoon that her agency will need to start taking “extraordinary measures” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling as early as Jan. 14. “Treasury expects to hit the statutory debt…

Riverhead We may receive an affiliate commission from anything you buy from this article. You may think you have a pretty good idea of the world map, but Atossa Araxia Abrahamian explains how special economic zones, tax havens, and free ports are carving up the planet for the highest bidders…

Billionaires Elon Musk and Vivek Ramaswamy may be advising President-elect Donald Trump on cutting federal spending but they also have some advice for him about the U.S. workforce, urging his next administration to bring in more foreign tech workers. Musk and Ramaswamy’s views have sparked an online spat between factions of…

The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open. Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will…

Homelessness in the U.S. jumped 18.1% this year, hitting a record level, with the dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a surge of migrants in some regions of the country, federal officials said Friday. More than 770,000 people were…

Manufacturers of baby powder and cosmetic products made with talc will have to test them for asbestos under a proposal announced by the U.S. Food and Drug Administration. The agency’s proposal comes at the directive of Congress, which passed legislation requiring the FDA take action last year.  A known human…

ChatGPT stopped functioning for many users on Thursday afternoon, with OpenAI saying that its AI app was experiencing glitches for some. The app recovered several hours later, the San Francisco-based company said. The artificial intelligence company said in an update to its status page late Thursday night that ChatGPT had…

This holiday shopping season saw Americans stepping up their purchases at retail stores, with many chains luring shoppers with big Black Friday discounts. But with the holiday now over, retailers are beginning to roll out their post-Christmas sales, aiming to entice shoppers to spend more. Shoppers spent between $979.5 billion…

President-elect Donald Trump is pledging to slap new tariffs on imports after he’s inaugurated next month — a vow that’s prompting the toy industry to warn about the impact.  Even if toys are designed in Europe or the U.S., they are frequently manufactured in China, a nation whose exports Trump…

Michael Jeffries, the former longtime CEO of Abercrombie & Fitch, may have dementia, and a competency hearing is needed to determine if he can face sex charges, his attorneys claim. Defense lawyers for Jeffries said in court papers unsealed Monday in federal court in Central Islip on Long Island that…

An anti-money laundering law called the Corporate Transparency Act, or CTA, is now back in action after a Monday court ruling that will require millions of small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by mid-January, or potentially pay fines of up to $10,000.  The…

A walkout at Starbucks is expanding to more than 300 U.S. stores on Tuesday, with roughly 5,000 workers expected to join the five-day labor action that comes to a close later in the day, according to the employees’ union. Workers at 60-plus stores walked off their jobs in 12 major…

A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving a decision to President Joe Biden, a longtime opponent of the deal. The Committee on Foreign Investment…

Starbucks workers’ strikes expanded on Saturday to include stores in Denver; Philadelphia; Pittsburgh and Columbus, Ohio, Union leaders said. Starbucks Workers United, the union that has organized workers at 535 company-owned U.S. stores since 2021, launched strikes that started Friday in Chicago, Los Angeles and Seattle, to protest a lack…

Update, 6:43 p.m.: The U.S. government looked poised to avoid a prolonged government shutdown after the House of Representatives on Friday voted to approve a funding bill just hours before a midnight deadline. The bill is expected to pass in the Senate before heading to President Biden’s desk for his signature.  The Transportation Security…

Drivers and airline passengers without reindeer and sleighs better make a dash for it because it’s beginning to look like another record for holiday travel in the U.S., as the House appeared to have averted a government shutdown late Friday. The auto club AAA predicts that more than 119 million…

Popular retail chain Party City filed for bankruptcy protection Saturday, a day after it disclosed to employees that it would be implementing mass layoffs at its New Jersey headquarters. The filing was made in bankruptcy court in the Southern District of Texas, according to court documents obtained by CBS News.…

Workers at Starbucks stores began a five-day strike Friday to protest lack of progress in contract negotiations with the company. The strikes by baristas and other workers were scheduled to take place in Los Angeles, Chicago and Seattle and could spread to hundreds of stores across the country by Christmas…

Legislation to expand Social Security benefits to millions of Americans passed the U.S. Senate early Saturday and is now headed to the desk of President Biden, who is expected to sign the measure into law. Senators voted 76-20 for the Social Security Fairness Act, which would eliminate two federal policies that prevent nearly…

Weight loss drugs like Wegovy, Ozempic would be covered by Medicare, Medicaid under Biden proposal Weight loss drugs like Wegovy, Ozempic would be covered by Medicare, Medicaid under Biden proposal 01:43 Starting Jan. 1, millions of Americans who get their prescription drugs through Medicare could get a major financial break…

Tom Contos is an avid runner. When he started experiencing rectal bleeding in March, he thought exercise could be the cause and tried to ignore it. But he became increasingly worried when the bleeding continued for weeks. The Chicago health care consultant contacted his physician at Northwestern Medicine, who referred…

With a federal spending bill now scrapped, the U.S. faces a possible government shutdown that could begin at 12:01 a.m. on Saturday, Dec. 21, when current funding is set to lapse. That raises questions about what types of services and payments could be impacted just days before the holidays.  A looming…

U.S. stocks plummeted in one of their worst days of the year after the Federal Reserve forecast Wednesday it may deliver fewer shots of adrenaline for the economy in 2025 than it had earlier projected. The S&P 500 fell 178 points, or 3%, pulling it further from its all-time high…

As millions prepare to fly for the holidays, the Federal Aviation Administration is warning travelers about a hidden danger in their luggage: lithium-ion batteries. Found in everyday devices like laptops, tablets and even electric toothbrushes, these batteries can catch fire if they overheat or are damaged. Last July, panic erupted…

At 84 years old, Evelyn Paternostro spends her days working part time as a cashier at Dollar Tree. For decades, she dedicated her life to education, serving as a teacher and principal in Louisiana. But despite years of her public service, she now struggles to make ends meet. “People at…

The Federal Reserve on Wednesday will make its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years. On Dec. 18, the Federal Reserve is likely to…

Trump says he has “a warm spot for TikTok” Trump says he has “a warm spot” for TikTok when asked about ban 00:57 Washington — President-elect Trump is meeting with TikTok CEO Shou Chew on Monday at his Mar-a-Lago estate, according to sources familiar with the meeting. The news was…

Japanese tech conglomerate SoftBank plans to invest $100 billion in the U.S. and create 100,000 jobs in artificial intelligence and technology, President-elect Donald Trump announced Monday at Mar-a-Lago alongside SoftBank CEO Masayoshi Son.  “Today, I am thrilled to announce that SoftBank will be investing $100 billion America, creating 100,000 American…

More than 400 tips were called into the New York Police Department’s Crime Stoppers tip line during the five-day search for a masked gunman who fatally shot UnitedHealthcare CEO Brian Thompson last week.  NYPD officials said about 30 of those tips were useful as information about the gunman’s movements before…

During his electoral campaign, President-elect Donald Trump pledged to extend many provisions in his signature Tax Cuts & Jobs Act, a 2017 law that overhauled the tax code and handed a financial break to almost every taxpayer.  Many of those provisions are set to expire at the end of 2025,…

Macy’s said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate roughly 150 underperforming stores over the next three years. The department store chain made…

A House-passed bill that would expand Social Security benefits to millions of Americans just got a lifeline in the Senate. Senate Majority Chuck Schumer said Thursday he would start the process for a final vote on the Social Security Fairness Act, which would eliminate two federal policies that keep a…

Washington — Tech leaders and companies are shelling out big bucks to President-elect Donald Trump’s inaugural fund, as they prepare for the next four years of a Trump White House. Amazon, run by billionaire Jeff Bezos, intends to donate $1 million to the president-elect’s inaugural fund and will stream the…

McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia on Friday. McKinsey has also entered into a deferred prosecution agreement to resolve criminal charges, including that it conspired…

For 48-year-old Rowan Childs of Wisconsin, a recent divorce turned her financial life upside down. “Initially, I was really nervous and had a lot of anxiety about it, but ultimately now I feel so much more empowered,” Childs told CBS News. Like others in their 40s, Childs, who runs her…

Stanley is recalling 2.6 million mugs sold in the U.S. after the company received dozens of consumer complaints, including some users who reported getting burned and requiring medical attention.  The recall covers all Stanley Switchback and Trigger Action stainless steel travel mugs, which are double-walled mugs sold in a number…

Facial recognition to soon be used by Meta to help users restore hacked accounts Facial recognition to soon be used by Meta to help users restore hacked accounts 02:27 Users on Wednesday reported problems accessing a number of Meta’s social media apps, including Facebook, Instagram, Threads and Messenger, according to…

Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract.  “Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult…

President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson as the next chair of the Federal Trade Commission. Ronald Johnson was nominated to be ambassador to Mexico and Kimberly Guilfoyle to be ambassador to Greece.  Trump was also expected to select Houston Rockets owner Tilman Fertitta…

A probate commissioner has ruled against Rupert Murdoch’s effort to change his family’s trust to give one of his sons control of his media empire and ensure Fox News maintains its conservative editorial slant, according to a sealed document obtained by The New York Times. In a decision filed on…

Norris Williford, a 22-year-old college senior, doesn’t just work at the MBM Kicks shoe store in downtown Richmond, Virginia — he owns it. And it was a high school class that helped him gain the skills for how to open a business at such a young age. “Ms. Hayer was…

President-elect Donald Trump on Sunday used a photo of himself sitting next to First Lady Jill Biden to announce a new line of fragrances on his Truth Social app, with the caption, “A fragrance your enemies can’t resist!” The fragrance line, called “Fight, Fight, Fight,” includes cologne for men and…

Trump’s tariffs: A tax on American consumers – CBS News Watch CBS News President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. Treasury. But it’s American consumers who would actually be…

Incoming President Donald Trump has made his feelings about tariffs very clear: “The word ‘tariff’ is the most beautiful word in the dictionary,” he has said. “I think it’s more beautiful than ‘love.’ … I love tariffs! … Music to my ears!” And what exactly is a tariff? It is…

The House-passed Social Security Fairness Act enjoys rare bipartisan support on Capitol Hill, yet the odds of it getting enacted are growing smaller with each passing day.  Lawmakers on both sides of the aisle are calling on Senate Majority Leader Chuck Schumer to schedule a vote on the bill that…

The fatal shooting of UnitedHealthcare CEO Brian Thompson is surfacing the public’s deep frustration with the health insurance industry. On “CBS Mornings” Friday, Dr. Céline Gounder, CBS News medical contributor and editor-at-large for public health at KFF Health News said the main issue is that health care costs are too…

Washington — A federal appeals court upheld a law that will ban TikTok in the U.S. in the coming months if its Chinese parent company doesn’t sell its stake in the app, dealing another setback to the widely popular video-sharing service in its battle with the federal government. A panel…

Employers added 227,000 jobs in November as the labor market rebounded from anemic growth in the prior month, when hurricanes and labor disputes dampened hiring.  The unemployment rate ticked higher to 4.2% from 4.1% in the prior month. The U.S. had been forecast to add 200,000 jobs last month, according to…

More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund checks, the Consumer Financial Protection Bureau announced Thursday. The payments make up the biggest distribution yet from the CFPB’s victims relief fund, financed by civil penalties paid…

The unemployment rate might be near a historic low, but it’s taking longer for hundreds of thousands of out-of-work Americans to find new jobs, signaling cracks within a once-hot labor market as employers continue to cope with the impact of higher borrowing costs.  About 40% of the 7 million people…

Brian Thompson, the CEO of UnitedHealthcare, was shot to death Wednesday outside the New York Hilton Midtown in Manhattan, where the company was hosting an investor day.  Thompson, 50, was named CEO of UnitedHealthcare, UnitedHealth Group’s insurance arm, in April 2021. He first joined UnitedHealth Group in 2004 and had previously served…

China announced on Tuesday a ban on the export of a number of minerals with military and technology applications to the U.S., one day after the Biden administration further curbed its own exports as part of its crackdown on China’s semiconductor industry. The Chinese ban applies to the minerals antimony,…

PSQ Holdings, an online commerce and payments company that describes itself as “valuing life, family and liberty,” saw its shares soar more than 270% on Tuesday amid news that Donald Trump Jr. is joining its board of directors.  PSQ, based in West Palm Beach, Florida, operates PublicSquare, an e-commerce platform…

President-elect Donald Trump is pledging to block Japan’s Nippon Steel from buying U.S. Steel, a $14.9 billion deal announced a year ago that is now under review for its potential impact on U.S. national security. “I am totally against the once great and powerful U.S. Steel being bought by a…

The death of a 19-year-old college student on a Texas highway is raising questions about the fleet of drivers Amazon uses to move packages between its facilities. College freshman Iliana Velez’s life was cut short in a crash with a contractor who was driving to pick up an Amazon load.…

Black Friday is a major event for retailers opening their doors for shoppers looking for holiday bargains, but the day after Thanksgiving is business as usual for much of the rest of the U.S.  Many major retailers shut their doors on Thanksgiving, including Walmart, Costco, Kohl’s and Target.  But all…

UAW Local leaders call out Stellantis over layoffs in Michigan and other states UAW Local leaders call out Stellantis over layoffs in Michigan and other states 02:22 (CBS DETROIT) — Stellantis CEO Carlos Tavares has resigned after nearly four years in the top spot of the Jeep and Ram maker, which…

Some retailers are using President-elect Donald Trump’s proposed tariffs to urge consumers to shop now, suggesting if the import duties go into effect next year, a range of goods could cost Americans a lot more money.   It’s yet another sales tactic some companies are implementing, in addition to the traditional…

A day in the life of a plane What a day in the life of a plane looks like 03:39 Southwest Airlines says it is ending its cabin service earlier on its flights starting next month. Beginning on Dec. 4, a company spokesperson said, flight attendants will begin preparing the…

As shoppers gear up for Black Friday and the holiday shopping season, it can be easy for people to rack up debt that will weigh them down well into the new year. So it pays for consumers to be aware of some of the tactics retailers employ to get them…

Stocks posted solid gains as Wall Street put the finishing touches on its best monthly performance of the year. The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4%. Both indexes closed out November with their best monthly performances of the year. The Nasdaq added 0.8%.  Friday…

Early lines at Target as Taylor Swift book hits shelves Black Friday Early lines at Target as Taylor Swift book hits shelves Black Friday 03:15 Taylor Swift’s latest release isn’t a new song or album — it’s a book hitting store shelves on Black Friday that commemorates the pop star’s…

Experts are warning that fraudsters are exploiting Black Friday sales to target U.S. shoppers with fake websites and ads for major brands like IKEA, Wayfair and The North Face, after online scams hit record highs in 2023. A new report released by threat intelligence company EclecticIQ identified a campaign that…

AAA projects more cars will be on the road this Thanksgiving weekend AAA projects more cars will be on the road this Thanksgiving weekend 03:25 Many retailers close their doors on Thanksgiving Day, observing what is, after all, a national holiday and offering their employees a well-earned rest ahead of…

Americans may be shelling out more for gasoline if the incoming Trump administration follows through on threats to impose tariffs on imports from Canada and Mexico. President-elect Donald Trump this week said he would enact a 25% tariff on all products from both countries, citing concerns about illegal immigration and…

Prices could rise on a variety of goods shipped to the U.S. from overseas under tariffs that President-elect Donald Trump has threatened to impose as soon as he takes office next year, according to experts.  Trump on Monday pledged to put a 25% tariff on all products from Mexico and Canada,…

President-elect Donald Trump, an avowed fan of tariffs, is pledging to enact stiff import duties as soon as he’s inaugurated in January. For Trump, these new levies would both supercharge the trade policies pursued during his first administration and, more broadly, help the U.S. achieve key economic and social goals.  On his…

Americans planning to do some holiday baking this year may have to scramble to track down a key ingredient.  Some stores around the U.S. are running short of eggs, especially those operating in states that require eggs from cage-free hens, as cases of Highly Pathogenic Avian Influenza (HPAI) flare and…

Starbucks said Monday that a ransomware attack on a third-party software provider is hindering its ability to track baristas’ hours and manage their pay.  The November 21 cyberattack targeted supply-chain management software maker Blue Yonder, which lets Starbucks employees view and manage their schedules and allows the company to account…

Microsoft is investigating an issue with its Microsoft 365 service and its Teams app, with some users reporting to DownDetector that they are having problems using services such as Exchange and Outlook. On social media service X, Microsoft posted a message early Monday that it is assessing “an issue impacting users attempting…

McDonald’s is planning to offer consumers savings in the form of “McValue” deals in 2025, the fast-food giant announced Friday.  It’s part of an effort to keep consumers chomping on burgers as some Americans lose their taste for fast-food amid rising prices even at what are usually reliably cheap dining…

Car and Driver’s top EV of 2024 Hyundai Ioniq 5 N is top EV of 2024, according to Car and Driver 03:35 Hyundai and Kia are recalling more than 208,000 electric vehicles to fix a problem that can cause the loss of drive power, increasing the risk of a crash.…

Walmart must pay almost $35 million to one of its former truck drivers after a California jury found the retailer had falsely accused him of workers’ compensation fraud and wrongfully terminated him. A San Bernardino County jury this week ordered Walmart to pay driver Jesus “Jesse” Fonseca $25 million in…

President-elect Donald Trump is selecting hedge fund CEO Scott Bessent to be Treasury secretary, he announced Friday.  In a statement, Trump said he was “most pleased to nominate” Bessent, describing him as “widely respected as one of the world’s foremost international investors and geopolitical and economic Strategists.” He said that…

President-elect Donald Trump on Friday announced hedge fund billionaire Scott Bessent as his pick for U.S. Treasury secretary, choosing a former executive with Soros Fund Management who in recent years has been a vocal supporter of the former president’s policies, from tariffs to spending cuts.  If confirmed, Bessent would follow…

Americans say they continue to feel the aftereffects of the highest inflation in four decades, especially at the grocery store, where prices remain 26% higher than before the pandemic. President-elect Donald Trump’s proposed tariffs could cause even more financial strain in the nation’s food aisles by reigniting price hikes, according…

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by…

Deepfakes of Elon Musk contribute to billions in fraud losses in the U.S. Deepfakes of Elon Musk contribute to billions in fraud losses in the U.S. 05:31 She first saw the ad on Facebook. And then again on TikTok. After seeing what appeared to be Elon Musk offering an investment opportunity…

Reddit users are complaining about problems connecting to the online forum, with thousands of people telling DownDetector on Wednesday that the service is down.  In a service post, Reddit said it’s aware of a “degraded service” for users of its website and app, and added that it’s investigating the issue. …

President-elect Donald Trump says he’ll nominate Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald, to be commerce secretary, a position in which he’d have a key role in carrying out Trump’s plans to raise and enforce tariffs. Trump announced his pick Tuesday in a social media post. Lutnick…

TSA administrator talks holiday travel TSA administrator on anticipated record holiday travel 05:04 Low-cost carrier Frontier Airlines announced it is adding 16 new routes beginning in 2025. The move expands the airline’s service across the United States and Caribbean as one of its budget competitors, Spirit Airlines, contracts service after filing…

New York —  Arthur Frommer, whose “Europe on 5 Dollars a Day” guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95. Frommer died from complications of pneumonia, his daughter Pauline Frommer said Monday. “My father opened up the world to so…

Stop & Shop shelves empty across Massachusetts after parent company hacked Stop & Shop shelves empty across Massachusetts after parent company hacked 02:39 FRAMINGHAM – Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack. Stop & Shop shelves empty People walking into the store…

Spirit Airlines said Monday that it’s filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and failed attempts to sell itself to other carriers. Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start…

A massive recall of organic carrots and baby carrots sold at grocery stores across the country was issued by a California grower after a possible outbreak of E. coli that has already killed one person. Grimmway Farms, which made and packaged the organic carrots, issued the recall on Saturday after…

In April, just 12 weeks into her pregnancy, Kathleen Clark was standing at the receptionist window of her OB-GYN’s office when she was asked to pay $960, the total the office estimated she would owe after she delivered. Clark, 39, was shocked that she was asked to pay that amount…