Economy

Possible TikTok ban leaves some small businesses concerned for their survival

With the clock ticking on TikTok in the U.S., millions of users, including small business owners, ar...

us | 5 months ago

Store closures are surging this year. Here are the retailers shuttering the most locations.

The retail industry is going through a tough time as it copes with inflation-weary consumers and a r...

us | 5 months ago

Do you need a college degree to succeed? Here's what the data shows.

College was once widely viewed as a pathway to success, but today only about 1 in 4 Americans say a ...

us | 4 months ago

Many Americans are wrong about key economic trends. Take this quiz to test your knowledge.

Americans have been notoriously glum about the country's financial outlook in the post-pandemic year...

us | 4 months ago

Labor Department set to release May jobs report. Here's what to look for.

The U.S. job market is starting to resemble what it looked like before the pandemic upended work and...

us | 4 months ago

16 Nobel Prize-winning economists warn that Trump's economic plans could reignite inflation

Sixteen of the world's most notable economists — all Nobel Prize winners — are warning that former P...

us | 3 months ago

Greece allows a 6-day work week for some industries

As countries around the world experiment with shorter work weeks, Greece has taken a step in the opp...

world | 3 months ago

2024 RNC Day 1 fact check of the Republican National Convention

CBS News is fact checking some of the statements made by speakers during the 2024 Republican Nationa...

us | 3 months ago

Where does JD Vance stand on key economic issues?

JD Vance's career has followed a classic American rags-to-riches trajectory: After growing up in pov...

us | 2 months ago

Trump says he'll end the "inflation nightmare." Economists say Trumponomics could drive up prices.

Former President Donald Trump is campaigning on a pledge to end the "inflation nightmare," vowing th...

us | 2 months ago

Here's what investors are saying about Biden dropping out — and what it means for your 401(k)

President Biden's exit from the presidential race and move to endorse Vice President Kamala Harris a...

us | 2 months ago

U.S. economy grew 2.8% last quarter as growth hit the gas

The nation's economy remains robust as the latest GDP data shows growth at a 2.8% annual rate, far e...

politics | 2 months ago

Yes, money can buy happiness — the more wealth you have, the happier you get, research finds.

If you want to know the secret to achieving happiness, the answer might be found in your bank accoun...

us | 2 months ago

Chipmaker Intel to slash 15% of its workforce amid Q2 losses and lackluster forecast

Chipmaker Intel Corp. is cutting 15% of its massive workforce as it tries to turn its business aroun...

us | 2 months ago

Is the U.S. headed for a recession? Here's what the experts say.

For much of 2024, it appeared the Federal Reserve had successfully navigated a tricky line, temperin...

us | 2 months ago

The labor market added 818,000 fewer jobs than earlier reported. Here's what experts say that means.

The U.S. job market wasn't as strong as it appeared to be in much of 2023 and early 2024, according ...

us | 1 month ago