USPS says some rural mail delivery could get slower amid cost cuts
The U.S. Postal Service said the proposed changes would go into effect in 2025. One critic calls it a "recipe for a death spiral."
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
The U.S. Postal Service said the proposed changes would go into effect in 2025. One critic calls it a "recipe for a death spiral."
About 1 in 5 Americans feel they're on track to be counted as wealthy, according to a new Charles Schwab survey.
The decision to consider the bid from Seagram heir Edgar Bronfman comes after Paramount had agreed to merge with Skydance.
New government data shows the job market was weaker than earlier reported. That could pave the way to a September rate cut.
Mike Lynch, an icon of British entrepreneurship, is one of six people missing after his luxury yacht sank during a violent storm.
Harris also wants to restore the pandemic's expanded Child Tax Credit. That could help millions of families, but cost $1.6 trillion.
Drivers could continue to see higher car insurance rates in 2024, with the average U.S. rate projected to jump 22% this year.
Former President Donald Trump also disclosed more than $100 million in liabilities for recent legal cases.
Lawsuit claims hackers accessed "billions" of records, including Social Security numbers, by breaching background check company.
Lawsuit alleges GM is signing up car owners for its OnStar system without notifying them that data is being sold to insurers.
Starbucks is tapping Chipotle CEO Brian Niccol to lead the company as it contends with activist investors and a sinking stock price.
Senator JD Vance says he wants to boost the Child Tax Credit to $5,000 from its current $2,000. But that could come with a big price tag.
Trump Media, the owner of Truth Social, has a market value of more than $5 billion despite shrinking sales and losses.
Unsettled by this week's roller coaster in financial markets? Here's advice from top investment experts.
Customers of mobile payment service Cash App whose data or accounts were hacked can file a claim.