Starting Thursday, admirers of Harriet Tubman and numismatists alike can buy coins commemorating the famed abolitionist and human rights activist issued by the U.S. Mint. The agency is offering a $5 gold coin, a $1 silver dollar and a clad half-dollar, featuring designs depicting three different eras in Tubman’s life, including her historic role transporting […]
Billionaire hedge fund manager Bill Ackman, a ringleader in the campaign to oust former Harvard University President Claudine Gay, is fixing his sights on another target that he says has facilitated racism at universities and in corporate America: diversity, equity and inclusion programs. Ackman penned a 4,000 word takedown of DEI programs, which he posted on […]
Ford Motor Company has recalled nearly 113,000 F-150 pickup trucks over concerns a rear axle hub could break off, causing the vehicle to lose power or roll away when in park. The recall applies to some 2021-2023 F-150 vehicles “equipped with the Trailer Tow Max Duty package and a 9.75-inch heavy duty axle with a […]
X, the social media platform formerly known as Twitter, is now worth an estimated 71.5% less than it was when Elon Musk purchased the platform in Oct. 2022, according to a Fidelity securities filing dated Dec. 30, 2023. The asset management firm, which owns an equity stake in the company under X Holdings Corp., previously slashed X’s […]
I tried going vegetarian once when I was in high school. My best friend was a vegetarian, and I was curious. I lasted only about four days. My downfall: a buffalo chicken sandwich. Since that ill-fated attempt, I’ve never tried to curb my meat consumption. It’s just too dang tasty. But in 2022, a family […]
The college financial aid form filled out annually by millions of families is getting an overhaul. The new version is now available. and it comes with some major changes that could impact your child’s financial aid for the 2024-25 academic year. The Department of Education’s Free Application for Federal Student Aid, or FAFSA, typically opens […]
The best celebratory drinks for New Years Eve The best celebratory drinks for New Years Eve 03:26 New Year’s Day may be a federal holiday, but many stores and restaurants will nevertheless be open today, providing some relief to people looking for last-minute ingredients at their local grocery store or a meal out. Even so, […]
Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds that its work with drug companies helped fuel an opioid addiction crisis. The agreement was revealed late Friday in documents filed in federal court in San Francisco. The settlement must still be approved by a […]
Designing the iconic New Year’s Eve ball Master craftsman on designing the iconic New Year’s Eve ball in Times Square 03:45 The arrival of New Year’s Eve invariably brings a last-minute rush to grab a festive beverage or missing ingredient for a special meal. But before heading out, it’s best to check whether your local […]
2023 a mixed bag for Wall Street, U.S. economy – CBS News Watch CBS News It has been a blockbuster year for investors, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all up with double-digit gains. However, the Federal Reserve battled the worst inflation in decades with several rate hikes, […]
A second trial of FTX founder Sam Bankman-Fried on charges not in the cryptocurrency fraud case presented to a jury that convicted him in November is not necessary, prosecutors told a judge Friday. Prosecutors told U.S. District Judge Lewis A. Kaplan in a letter that evidence at a second trial would duplicate evidence already shown […]
About 1 in 10 Social Security recipients will receive a double December payment, with their second monthly check arriving on December 29. That’s because of a quirk in the system for the Social Security Administration’s Supplemental Security Income (SSI) program, which provides support for disabled people and older Americans with low incomes. Typically, SSI recipients […]
Times Square New Year’s Eve Bal gets a makover Times Square New Year’s Eve Bal gets a makover 00:33 Some New Year’s Eve revelers say you can’t put a price on the experience of watching the Times Square ball drop live and in-person on December 31. But business owners in the tourist mecca have done […]
A federal judge in New York has ruled that Alibaba must face a lawsuit by a U.S. toymaker alleging that the Chinese ecommerce giant’s online platforms were used to sell counterfeit Squishmallows. Judge Jesse Furman of the Southern District Court of New York refused Alibaba’s request to dismiss the case filed by Kelly Toys Holdings, […]
Apple won a temporary reprieve in the legal battle over its Apple Watch product, with an appeals court on Wednesday ordering a pause on a ban of the product that went into effect on Tuesday. The court gave the U.S. International Trade Commission (ITC) until January 10 to respond to Apple’s request for a longer […]
Apple appeals U.S. ban on watch imports Apple appeals U.S. ban on watch imports over patent dispute 02:07 The Biden administration let stand on Tuesday the U.S. International Trade Commission’s ban of imports of Apple Watches stemming from a patent dispute over the devices’ blood oxygen monitor. The decision goes into effect Tuesday. The technology […]
New Jersey minimum wage to increase in new year New Jersey minimum wage to increase in new year 00:33 Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate. The higher baseline wages will deliver almost $7 billion […]
You’ll need $46,000 to afford the 12 Days of Christmas You’ll need $46,000 to afford the 12 Days of Christmas 00:25 If you still need to find a (very) last-minute gift on Christmas Day or track down an ingredient for your holiday feast, you may need to hunt around for an open store. Most retailers, […]
Christmas Day flight delays, cancellations at Chicago airports Christmas Day flight delays, cancellations at Chicago airports 02:37 After thousands of U.S. flights were canceled or delayed over the holidays in 2022, most holiday travelers this year are off to a cheerier start this Christmas. But a few trouble spots were emerging on Christmas Day. Roughly […]
Nicolas Puech, a descendent of France’s Hermès family, one of the richest clans in Europe, has expressed his wish to bequeath billions to his former gardener, according to multiple reports. Puech, 80, an heir to the fortune generated by his family’s luxury goods firm, wants to cancel his original plans to leave his fortune to […]
Tips for last-minute holiday shopping Tips for last-minute holiday shopping 04:27 With the arrival of Christmas Eve inevitably comes the last-minute rush for gifts and ingredients for holiday meals. Before running out the door to buy those groceries or presents, you might want to check whether the retailers or grocery stores are open — and […]
“Super Saturday” brings out droves of Christmas shoppers – CBS News Watch CBS News Shoppers were expected to turn out in huge numbers for the last Saturday before Christmas, known to retailers as “Super Saturday.” The National Retail Federation predicts 16 million more people will shop today than on the same day in 2017, the […]
Cummins Inc. has agreed to pay an over $1.67 billion penalty to settle claims by regulators that the engine manufacturer unlawfully altered hundreds of thousands of pickup truck engines to bypass emissions tests. According to the U.S. Justice Department, which announced the agreement in principle Thursday, Cummins’ alleged actions violated the Clear Air Act — […]
Wayfair’s chief executive sent a bracing year-end message to the furniture chain’s more than 14,000 employees: Work more. He emphasized that the company is “back to winning” as its market share grows and the company earns profits. In light of this success, CEO Niraj Shah encouraged employees to work such long hours that “work and […]
With many people across the country concerned about inflation, Americans say they’re spending within their means this holiday season. Very few are planning to go into debt to spend, and most are spending what they feel they can afford. And so, to keep spending in line, many won’t be buying more gifts than they have in […]
Most Americans cannot afford to buy the homes listed for sale in the U.S., real-estate brokerage Redfin said in report on Thursday. An analysis of listings in 97 of the most populous metropolitan areas in the country found that just 15.5% of homes for sale in 2023 were affordable for the typical U.S. household. That’s […]
Former New York City mayor and Donald Trump attorney Rudy Giuliani filed for bankruptcy Thursday, according to a court filing. Giuliani filed for Chapter 11 bankruptcy less than a week after a jury ordered him to pay $148 million in damages to Fulton County election workers Ruby Freeman and Shaye Moss, who sued him for […]
Toyota recalls 1 million vehicles Toyota recalls 1 million vehicles over air bag issue 00:27 Toyota is recalling roughly 1 million cars in the U.S. because the front passenger air bags may not deploy properly in a crash, posing additional risk of injury to riders, the car maker said Wednesday. A potential defect in the […]
The IRS is waiving penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. The relief measure will waive $1 billion in fees for tax returns filed for those years, the IRS said on Tuesday. The tax agency said it is nixing […]
Rite Aid is banned from using facial recognition surveillance technology for five years to settle Federal Trade Commission charges that it failed to protect consumers in hundreds of its stores, the agency said Tuesday. Rite Aid used a “covert surveillance program” based on AI to ID potential shoplifters from 2012 to 2020, the FTC said […]
Bagged spinach recalled over listeria concerns Bagged spinach recalled over listeria concerns 00:20 Fresh Express, the salad-mix maker behind two separate outbreaks that sickened more than 1,200 people in recent years, is now recalling two packaged spinach products sold by retailers in seven states due to possible listeria contamination. The recalled spinach was sold by […]
Southwest Airlines will pay a $35 million fine as part of a $140 million agreement to settle a federal investigation into a meltdown in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays. Most of the settlement will go toward compensating future passengers, which the […]
Jimmy Lai, a media tycoon and champion of free speech and democracy, went on trial in Hong Kong Monday after a year-long delay in the proceedings. He’s been charged with several crimes, including colluding with foreign forces, but supporters around the world say his real offense has been criticizing China’s ruling Communist Party and its […]
The Quaker Oats Company said Friday that it is recalling some granola bars and granola cereals sold across the U.S. because they could be contaminated with salmonella, a potentially lethal bacterium. See here for a full list of the recalled products, which were sold in all 50 U.S. states, Puerto Rico, Guam and Saipan, according […]
Rudy Giuliani followed his time in public service with a lucrative career in the private sector that turned him into a multimillionaire. But the former New York mayor now faces legal damages of $148 million in a defamation case filed by two Georgia election workers. A jury of eight Washington, D.C., residents ruled Giuliani must […]
Ways to secure a scholarship, as cost of college soars Ways to secure a scholarship, as cost of college soars 02:33 Getting into an Ivy League college or another elite university requires hard work from a student, including top grades, scores and stellar essays. But for some wealthy families, it takes a bit more to […]
For those who thought Ozempic would spell the end of diet programs, think again. WeightWatchers this week launched WeightWatchers GLP-1, a subscription program focused on the health and nutrition needs of patients using Ozempic and Wegovy, two brands of semaglutide, a diabetes drug that has exploded in popularity for its effectiveness in helping people lose […]