New business openings on the rise nationwide
Americans are opening more new businesses in 2023 compared to 2022, according to the Census Bureau. Hope King, senior business reporter at Axios, joins CBS News to explore the reasons behind the boom.
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Americans are opening more new businesses in 2023 compared to 2022, according to the Census Bureau. Hope King, senior business reporter at Axios, joins CBS News to explore the reasons behind the boom.
Federal student loans will start accruing interest for the first time in three years on Friday. Student loan attorney Adam Minsky joins CBS News to help answer questions people may have about payments resuming.
Navigating the financial markets through data, analysis and technology.
China's yuan is at a 16-year low and the country appears to be experiencing deflation. Economists say these are signs China could be facing an extended economic downturn. CBS News' Lana Zak has more on what caused this crisis.
Hawaii has relied on tourism for decades, but since the devastating wildfires, unemployment claims have spiked. James Tokioka, director of Hawaii's Department of Business, Economic Development and Tourism, joins CBS News to discuss what people can do to help.
Bank stocks stumbled this week after S&P Global Ratings downgraded the credit ratings of five banks -- just two weeks after Moody's cut the credit ratings of 10 small and midsize banks. Carleton English, a reporter at Barron's, joins CBS News to discuss what's behind the recent downgrades and whether investors should be concerned.
Large retailers are facing a new wave of lawsuits over allegations that they're using marketing tactics that mislead consumers about pricing discounts. Patrick Coffee, a reporter at The Wall Street Journal, joins CBS News to discuss the latest "deceptive" pricing claims.
Wage expectations are at their highest level in 10 years, according to new data from the Federal Reserve Bank of New York. Julia Pollak, chief economist for ZipRecruiter, joined CBS News to discuss the state of wages and the labor market.
Bank stocks fell Tuesday after Moody's Investors Service downgraded the credit ratings of 10 regional banks, citing growing financial risks and strains that could erode their profitability. The move prompted new concerns over the health of the banking sector. J.D. Durkin, host for financial site TheStreet, joins CBS News to discuss how it all impacts investors and the stock market.
One of three major credit firms has downgraded the U.S.' credit rating from AAA to AA+. "The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management," Fitch Ratings said in a statement explaining the decision. Javier David, Axios managing editor for business and markets, joined CBS News to discuss the significance of the downgrade and what it could mean for Americans' finances.
Fitch Ratings, one of three major credit firms, downgraded the U.S. credit rating from AAA to AA+ on Tuesday. The Dow Jones, Nasdaq and S&P 500 all closed in the red one day after the news. Bharat Ramamurti, National Economic Council deputy director, joined CBS News to discuss how the Biden administration is reacting to the downgrade.
The nation's GDP grew at an annual rate of 2.4% from April to June 2023 -- a faster rate than many economists predicted. Lori Bettinger, president of Bancalliance, joined CBS News to discuss what the new figure means for the state of the economy.
The nation's labor market continues to defy expectations. Weekly unemployment claims fell to 228,000 last week, and the unemployment rate also slipped to 3.6%. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joined CBS News to break down the status of the post-pandemic labor market.
With compensation from streaming platforms front and center in actor and writer strikes, all eyes were on Netflix Wednesday as the streamer reported its latest earnings. The company posted $8.2 billion in revenue and 5.9 million new subscribers. Nicole Sperling, media and entertainment reporter for The New York Times, joins CBS News to explain what those numbers mean for the strikes and for the streaming industry.
More and more Americans are seeing their loan applications rejected. The Federal Reserve Bank of New York reported that rejection rates are up for many loans -- including mortgages, auto loans and credit cards. John Vivian, senior director of finance consulting firm Potomac Global Partners, joins CBS News to help make sense of the lending landscape.
The Marmions' nonstop vacation began when they realized they didn't save enough to retire comfortably in the U.S.
A survey from the Transamerica Center for Retirement Studies determined that 66% of Generation Z, those born between 1997 and 2012, are growing their retirement savings. That's a smaller percentage than previous generations, but members of Gen Z are saving sooner than those older than them. Kyla Scanlon, founder of the financial education company Bread, joined CBS News to talk about the findings.
According to a new survey from NerdWallet, 54% of people who have so-called "money envy" say it negatively impacts their mental health. The survey also says more than half of Americans feel guilty about how they spend money in general. Kimberly Palmer, personal finance expert at NerdWallet, joined CBS News to talk about the survey.
An extreme summer heat wave has blanketed most of the U.S. this week. Excessive heat is currently estimated to cost the U.S. economy $100 billion annually. TheStreet host J.D. Durkin and Axios economics reporter Courtenay Brown join CBS News to break down the economic impact of climate change.
Americans are racking up all-time high levels of credit card debt. Ted Rossman, senior industry analyst for CreditCards.com, has tips if you're struggling with high balances.
With so many travelers clogging the roads and the skies this Independence Day weekend, a lower-stress alternative could be a staycation. A survey by Bankrate finds 28% of Americans who plan to take a vacation this summer are opting to stay close to home. Michelle Singletary, personal finance columnist at the Washington Post, has tips for what to do if you opt for a staycation.
The Supreme Court on Friday struck down the Biden administration's student loan relief program. Monique White, financial expert and head of community at Self Financial, joins CBS News to share tips on navigating finances after the student loan decision.
Women over the age of 40 have long faced workplace discrimination, but a new study reveals that younger female employees don't have it much better. CBS MoneyWatch associate managing editor Aimee Picchi has more.
New data shows the British economy grew slightly in 2023's first quarter, keeping the country out of recession. CBS News' Ramy Inocencio has more on that and travelers taking summer vacations to Europe in this week's MoneyWatch International.
Several of the nation's top banks excelled in their yearly stress test, according to the Federal Reserve. The Fed tested how 23 banks — each with more than $100 billion in assets — would fare in an economic downturn. Lori Bettinger, president of a network of community banks known as BancAlliance, joins CBS News to break down the test results.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
The criticism continued even after the White House removed the video after the initial backlash.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost 1 million structures.
More than 35 local, state and federal agencies have been working for the last 18 months to prepare for Super Bowl LX in Santa Clara, California.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
The second gold medal of the Milano Cortina Games was awarded to Frida Karlsson of Sweden in the women's 10km+10km skiathlon.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
While the U.S. is on top of the overall Olympic medal count, it is not the country that dominates winter sports like the 2026 Milano Cortina Games in Italy.
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
Don't miss a moment of the Winter Olympics. Here's how to watch live, for free and stream the action without cable.
Coming off a historic Grammy win, Bad Bunny is gearing up to make even more history at this weekend's Super Bowl. The musician is set to be the first Super Bowl headliner to perform completely in Spanish. Leila Cobo, co-chief content officer at Billboard, joins "The Daily Report" to discuss.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Becca Valle thought her headaches were migraines. Brain surgery found a deadly form of cancer.
Officials said they are "aware of a new message" in the Nancy Guthrie disappearance on Friday. Authorities have not given details on the contents of the message. Former FBI special agent FBI Doug Kouns joins CBS News to discuss.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost one million structures. Steve Hartman has the story.
After a licensed school bus driver finished his route, he decided to help after seeing lots of other children walking to school in the cold. As Tony Dokoupil reports, the offer was short-lived.
The opening ceremony marked the official start of the 2026 Winter Olympics with celebrations at Milan's San Siro Stadium and at venues in Predazzo, Livigno and Cortina d'Ampezzo. Seth Doane reports.