Tax season is underway as the IRS is now accepting and processing returns for 2025. This year there are several new credits and deductions available. CBS News...
Category - Economy
Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the ecommerce giant...
Yale University said Tuesday it plans to offer free tuition to U.S. households with annual incomes of less than $200,000 starting this upcoming academic year...
Federal Reserve meets Wednesday for its first interest rate decision of 2026. Here’s what to expect.
President Trump has pressed the Federal Reserve to lower interest rates, but central bank officials are unlikely to deliver a first cut of 2026 when they...
Pinterest plans to cut its workforce by 15% this year, a move the company said will allow it to reallocate resources to the build-out of its artificial...
Amazon said on Tuesday that it is closing its Fresh grocery and cashierless Go convenience stores as the online retailer backtracks on its foray into brick-and...
United Parcel Service plans to cut up to 30,000 workers this year as it moves to cut costs, the delivery giant’s chief financial officer said Tuesday. ...
Jury selection is set to start in a trial over whether Meta, TikTok and YouTube fuel excessive social media use by children in ways that harm their mental...
President Trump on Monday said he is raising tariffs on South Korea because the nation has not yet approved a trade deal with the U.S. that the two countries...
Six states are stepping up their efforts to offset the cost of Affordable Care Act (ACA) plans after a lapse in federal funding left millions of Americans...