161 stories
May 15, 2026 — After eight years leading the Federal Reserve through pandemic shocks, record inflation and political pressure, Jerome Powell leaves a tenure that many economists say will be defined less by any single...
By Megan Cerullo — Updated May 14, 2026 Businesses around the United States began receiving federal refunds this week for tariffs President Trump imposed under the International Emergency Economic Powers Act (IEEPA) in...
CBS Mornings’ short film in the “USA to Z” series pulls back the curtain on the fast‑food industry and shows why those quick meals became central to modern American life. What began as small, regional concepts evolved...
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Updated: May 13, 2026, 9:00 AM EDT. Source: CBS News. Current price The spot price of silver is $86.48 per ounce as of May 13, 2026, according to Priority Gold. This figure represents the raw market (spot) price before...
By Angelica Leicht, Senior Editor, Managing Your Money. Updated May 13, 2026 / 8:59 AM EDT
In federal court on Tuesday, OpenAI CEO Sam Altman testified about his leadership and disputed claims made by co‑founder Elon Musk. The courtroom exchange came as Musk, who has since launched his own AI company, is...
An upcoming inflation report will provide a new read on consumer prices as higher fuel costs tied to the Iran conflict push up gasoline, airfares and other expenses.
The Consumer Price Index is widely expected to show inflation rising to a nearly three-year high when April’s data is released Tuesday morning. A Dow Jones survey of economists projects annual inflation of about 3.8%...
May 8, 2026 — Bank of America now expects the Federal Reserve will hold off on cutting interest rates until the second half of 2027, citing persistent inflation and surprisingly strong job growth.
By Jacob Rosen and Faris Tanyos | Updated May 7, 2026 A federal trade court on Thursday found President Trump's most recent round of global 10% tariffs unlawful, siding with a coalition of 24 states and several...
Updated May 7, 2026 — As artificial intelligence tools become part of everyday life, many people are asking whether chatbots and generative AI can answer one of the most consequential financial questions: can I afford...
