Elon Musk's SpaceX files confidential initial public offering
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
Gas prices hit $4.06 a gallon before Trump's prime-time address
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
Jamie Dimon says rejecting capitalism is "dead wrong" in CBS News interview
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
Jamie Dimon says AI could help shorten work week, cure cancer
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
JPMorgan Chase rolls out new effort to expand economic opportunity
The bank plans to lend $80 billion to small businesses over the next 10 years as part of what it's calling the "American Dream Initiative."
Gas in U.S. hits $4 a gallon for first time since August 2022
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Online sports betting linked to rising delinquency rates, report finds
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
Fed's Powell tells students not to despair despite tough job market
In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.
CBS News gas and oil price tracker shows how much energy costs are rising
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
Consumer confidence slides amid concerns over the Iran war
Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Netflix raises its subscription prices for the second time in 2 years
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Why this week's social media verdicts could hold tech giants to account
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Meta and YouTube found liable on all charges in social media trial
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
FedEx to offer same-day delivery as it battles with Amazon, other retailers
FedEx said it will give customers the option of two-hour or end-of-day delivery, including for large and oversized packages.
OpenAI pulls the plug on its Sora AI video app
OpenAI said Tuesday that it will discontinue the company's Sora app, which let users create AI-generated videos.