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Saturday, September 19, 2026 1:51 AM ET

CBS News - Business

Mortgage rates are nearing 7%. One house hunter says he's "despondent." -- "It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.

10 hours ago

Increased ICE enforcement in 2025 hurt local employment, analysis finds -- Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.

10 hours ago

AI security experts say they used Claude to hack ChatGPT -- Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."

14 hours ago

Warren Buffett stepping aside as Berkshire Hathaway chairman -- Warren Buffett is stepping aside as Berkshire Hathaway chairman, he announced in a letter to shareholders Friday.

19 hours ago

What the Fed's rate hike reveals about Warsh, Trump and inflation -- The Fed's first rate hike in more than three years underscores the challenge of taming inflation as the Iran war drags on. -- Sep 17

12 hours ago

195,000 HEATED BLANKETS RECALLED AFTER DOZENS OF BURN INJURIES -- The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.

15 hours ago

No relief in sight for U.S. drivers as gas and diesel prices surge -- The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said. -- Sep 17

10 hours ago

1 in 3 Americans with health insurance have medical debt, survey finds -- Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows. -- Sep 17

5 hours ago

Millionaires are everywhere in the U.S., new book says -- Getting rich in the U.S. is still possible, but the most common path to wealth doesn't involve working for other people, according to a new book. -- Sep 17

21 hours ago

3 savings moves to make post-Fed rate hike -- The Federal Reserve raised interest rates this week. Here are three savvy moves savers should make in response.

1 day ago

How much interest can a $50,000 5-year CD account earn now?

1 day ago

How much interest can a $50,000 3-year CD account earn if opened now?

1 day ago

What happens if you pay less than the minimum on your credit card? -- Paying something toward your credit card bill may seem better than doing nothing, but it comes with consequences.

1 day ago

Does making a partial payment stop debt collection calls?

1 day ago

Can a debt relief company help after you've been sued for unpaid debt?

1 day ago

How much will a $750,000 annuity pay each month in 2026? -- A $750,000 annuity may provide you with a sizable retirement income, but the monthly payout can vary widely.

1 day ago

How much can you withdraw from an annuity without a penalty?

1 day ago

What should seniors do now if Social Security is cut in 2032? 4 options to consider

17 days ago

Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs -- CBS News is tracking the rising cost of products most impacted by tariffs imposed​ and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.

1 year ago

MoneyWatch price tracker shows how much food, utility, housing costs are rising -- These charts track prices consumers pay for groceries and other goods now compared to five years ago.

1 year ago

Here's the projected Social Security COLA for 2027, according to AARP -- The official 2027 COLA will be announced on Oct. 14, but some senior citizens' groups are already forecasting the benefits bump retirees can expect.

7 days ago

Sturdy stock market mints a record number of 401(k) millionaires -- The number of millionaire 401(k) accounts at Fidelity reached a record 769,000 in the second quarter.

14 days ago

The Social Security Administration overpaid her. Now she owes $35,000. -- The agency told a woman that she has 30 days to pay it back. Otherwise, it would cut her benefits by 50% while it collects what it overpaid.

13 days ago

How lower-paid workers are getting their biggest pay raise in years -- Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.

7 days ago

Modest pay hikes next year could leave some workers lagging inflation -- Employers are likely to offer limited salary increases in 2027 amid ongoing economic uncertainty, according to a survey of 1,000 businesses.

17 days ago

E&Y to award $100 million in bonuses for workers who show people skills -- Management consulting firm EY said it will reward employees who demonstrate human skills, such as business acumen and judgment.

18 days ago