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.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Under the new law signed this week, ByteDance has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
Air quality is worsening across much of the U.S., exposing millions of people to health problems and threatening the U.S. economy.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
Economy remained resilient from October through December as Americans showed a continued to spend freely despite high interest rates.
"Even just the discussion of shutdowns causes a noticeable change in foot traffic," the owner of an appliance store Virginia said. "It hurts."
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
After more than two years of price hikes, consumers are finally getting breaks on some items. That could help push inflation closer to 2%.
The popular music streaming service has reportedly eliminated 1,500 roles amid slowing economic growth.
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
Consumers and businesses are continuing to spend despite the headwinds of higher interest rates, fueling economic growth.
Many Americans are sour about the economy as median household incomes took a hit in one-third of U.S. states, while stagnating elsewhere.
Claudia Goldin, whose work shed light on the gender gap in pay, is just the third woman out of 93 economics laureates to win the Nobel.
Roughly 45% of Americans ages 18 to 29 are living at home with their families — the highest level in 70 years, new data shows.
Because for many Americans, their personal situation is still worse than it was before the pandemic.
Incomes fell in 2022 and more people fell into poverty after the end of pandemic benefits like stimulus checks.
Job cuts, which amount to about 7% of the wireless carrier's workforce, will affect corporate, tech and back-office roles.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Hundreds of people gathered at a pro-Palestinian encampment at the University of Denver on Tuesday after an email from the university asked encampment participants to leave by 9 p.m.
As more desperate people slam the Colorado Department of Labor and Employment for delays in unemployment payments, CBS News Colorado has obtained internal department emails exposing some of the reasons for the dysfunction.
A grant from the EPA is opening the door for public health officials in Jefferson County to operate nearly a dozen air quality monitors in disproportionately impacted areas.
The Denver Asylum Seekers Program aims to help hundreds of migrants join the area's workforce legally.
The storm, which most significantly hit the towns of Yuma and Wray, dropped hail on the individual communities for around 30 minutes each, some say.
Hundreds of people gathered at a pro-Palestinian encampment at the University of Denver on Tuesday after an email from the university asked encampment participants to leave by 9 p.m.
As more desperate people slam the Colorado Department of Labor and Employment for delays in unemployment payments, CBS News Colorado has obtained internal department emails exposing some of the reasons for the dysfunction.
A grant from the EPA is opening the door for public health officials in Jefferson County to operate nearly a dozen air quality monitors in disproportionately impacted areas.
The Denver Asylum Seekers Program aims to help hundreds of migrants join the area's workforce legally.
The storm, which most significantly hit the towns of Yuma and Wray, dropped hail on the individual communities for around 30 minutes each, some say.
Officials in Colorado Springs are "feeling good" about their city being named the third best place to live in the country in new rankings from U.S. News & World Report.
As more desperate people slam the Colorado Department of Labor and Employment for delays in unemployment payments, CBS News Colorado has obtained internal department emails exposing some of the reasons for the dysfunction.
A grant from the EPA is opening the door for public health officials in Jefferson County to operate nearly a dozen air quality monitors in disproportionately impacted areas.
One teen student had to move school districts after reporting text messages she says were sent by the officer. That officer is now under investigation by the Colorado Bureau of Investigation for allegedly lying to investigators. The teen's lawyer believes there are more alleged victims.
Hundreds of people gathered at a pro-Palestinian encampment at the University of Denver on Tuesday after an email from the university asked encampment participants to leave by 9 p.m.
Michael Porter Jr. says if he had "played his part," the Nuggets would probably be the ones preparing to host the Mavericks in the Western Conference finals this week instead of the Timberwolves.
Few if any can match Danny Manning's incredible college basketball career. He won a national championship, was widely honored as college basketball's player of the year in 1988 and still remains Kansas' all-time leading scorer by a whopping 800 points.
Ricky Stenhouse Jr. confronted Kyle Busch in the pits, then threw a punch, igniting a scuffle that involved members of both crews.
The gymnastics G.O.A.T Simone Biles earned the highest overall score at the U.S. Classic and was the top scorer in the floor exercise with her performance to Taylor Swift's "...Ready For It?"
The Denver Nuggets lost to the Minnesota Timberwolves by a score of 98-90 at Ball Arena on Sunday in Game 7.
Cities that score well on U.S. News' annual ranking of best cities get high marks for economic criteria like value and job market.
A new federal bulletin warns that AI technology like "deepfake" videos could pose serious threats to the 2024 election cycle.
McDonald's is transitioning away from self-serve beverage stations and some locations may start to charge for refills that were once free.
The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severe.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.
The National Rifle Association, whose image was sullied by former leader Wayne LaPierre's spending excesses, elected former GOP Rep. Bob Barr and Doug Hamlin to its top posts.
The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture.
A video posted to Donald Trump's social media account included references to a "unified reich" among hypothetical news headlines depicting an election win by him in November.
A new federal bulletin warns that AI technology like "deepfake" videos could pose serious threats to the 2024 election cycle.
The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severe.
A grant from the EPA is opening the door for public health officials in Jefferson County to operate nearly a dozen air quality monitors in disproportionately impacted areas.
Two bats have tested positive for rabies bringing Colorado's 2024 case count up to at least four for the summer season.
Panera faces another lawsuit over a highly caffeinated beverage that the restaurant chain said it would phase out.
A Democratic-led effort to safeguard access to IVF failed earlier this year in the Senate.
Hims & Hers is pitching consumers on a GLP-1 weight loss injection that will cost 85% less than brand-name drugs like Wegovy.
The National Rifle Association, whose image was sullied by former leader Wayne LaPierre's spending excesses, elected former GOP Rep. Bob Barr and Doug Hamlin to its top posts.
The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture.
Cities that score well on U.S. News' annual ranking of best cities get high marks for economic criteria like value and job market.
McDonald's is transitioning away from self-serve beverage stations and some locations may start to charge for refills that were once free.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.
From blazers to shoes, women of all shapes and sizes enjoyed a free shopping spree. Some were even able to get a makeover.
This week Denver city officials celebrated the opening of 49 new affordable condos in the Five Points neighborhood.
"Happiness, peace, and dreams aren't for other communities. These goals are accessible to us as well," one grant recipient said. "I was so proud, because I realized in that moment I was breaking a cycle."
Investors are now closely watching what is happening in the Iran-Israel conflict in the Middle East because of its impact on their investments.
Eating a healthy, balanced diet when money is tight can be tough. And it's no secret that food costs have skyrocketed within the past year. According to the U.S. Department of Agriculture, food costs in 2023 rose 5.8%.