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Thursday, January 29, 2026 6:00 AM ET

CBS News - Business

Sponsored - Will gold keep climbing in 2026? What older investors should do - and avoid - Gold prices are surging, but things could look very different over time. Here's how older investors should respond. 17H ago

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Latest CBS News Videos - Ralph Macchio looks back on playing "The Karate Kid" On Jan. 29, 2026, the Library of Congress named "The Karate Kid" - a beloved 1984 tale of a young boy learning important life lessons from his mentor, a martial arts instructor - to the National Film Registry, to be preserved for future generations. In this 2024 interview with "Sunday Morning" correspondent Lee Cowan, "Karate Kid" star Ralph Macchio talked about auditioning for the role; his relationship with co-star Pat Morita, who played Mr. Miyagi; and why he believes the film has resonated with audiences. 1H ago - 10:56

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Treasury's Bessent says Trump Accounts could be "a rainy day fund" -- Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.

11 hours ago

Bank of America, JPMorgan Chase to contribute $1,000 to Trump Accounts -- Two of the biggest U.S. banks said they would match a $1,000 federal contribution for employees who open a Trump Account, touting the plan as a way to save money.

15 hours ago

Fed holds interest rates steady in first meeting of 2026 -- The Federal Open Market Committee kept the federal funds rate steady, following three rate cuts last year.

15 hours ago

Bessent defends Powell probe: "Independence does not mean no accountability" -- Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.

13 hours ago

Apple's Tim Cook calls for "de-escalation" after Alex Pretti's killing -- Cook is joining other CEOs in weighing in on federal immigration enforcement following Pretti's killing on Jan. 24.

17 hours ago

What TikTok wants to know about you now that it's in U.S. hands -- Some TikTok users are raising questions about the app's new terms and conditions after the social media platform's split from its China-based parent.

17 hours ago

Tax season is here - don't fall for these common scams -- The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.

19 hours ago

Amazon slashing 16,000 jobs in its latest layoff round -- Amazon is cutting about 16,000 jobs after eliminating some 14,000 in October.

13 hours ago

Are Trump's tariffs fueling a boom in trade deals for China and India? -- As Trump's unpredictable tariff tactics prompt longtime U.S. trade partners to find alternatives, India and China seem happy to step in and get deals done.

17 hours ago

How much interest will a $10,000 short-term CD earn in 2026? -- If you want to earn a sizable (and quick) return on your money, a $10,000 short-term CD account could be worth it now.

15 hours ago

What's a good short-term CD account interest rate in 2026?

15 hours ago

$40,000 CD account vs. $40,000 high-yield savings account: Which can earn more in 2026?

1 day ago

Gold vs. silver: Which will be better for your portfolio in 2026? 5 things to consider

17 hours ago

Gold and taxes: What investors need to remember this tax season

1 day ago

What is the price of silver today: January 28, 2026? -- The price of silver has been surging for more than a year. Here's how much it costs per ounce right now.

17 hours ago

Can you buy silver bars and coins from a bank?

17 hours ago

Silver breaks $100 per ounce record: 3 reasons to get invested right now

1 day 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.

9 months 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.

9 months ago

How the new $6,000 senior tax deduction could impact older Americans -- A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.

13 days ago

5 MONEY MOVES TO MAKE IN 2026, ACCORDING TO FINANCIAL EXPERTS -- As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.

1 month ago

Personal finance advice doesn't work for most Americans, economists say -- Personal finance is too complex for most people to navigate, two economists contend in a new book. Is there a better way to help people deal with money?

1 month ago

Looking to kickstart your career? These are the best jobs for 2026. -- Focusing on these sectors could give your job search a boost, according to a new ranking of the best jobs for 2026.

15 days ago

This word sums up how workers are feeling these days, Glassdoor says -- Here's how many employees say they are feeling amid festering concerns about the economy, AI and other issues, according to the job-search firm.

1 month ago

For Gen Zers, finding work after college is often a painful slog -- "It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.

1 month ago

Gov. Walz calls out Trump's attacks on Ilhan Omar -- The situation on the ground in Minneapolis remains volatile after an attack on Rep. Ilhan Omar. Matt Gutman has the latest.

30 minutes ago

Bill Belichick rejected as Hall of Famer -- Legendary former New England Patriots head coach Bill Belichick will not be a first-ballot Pro Football Hall of Famer after he fell short of the 40 votes needed for induction, sources told CBS Sports.

8 hours ago

South Carolina measles outbreak explodes -- Nearly 800 confirmed cases have made South Carolina the latest epicenter for measles. Dr. Jon LaPook has more.

9 hours ago

Iranian protester recounts deadly massacre -- After mass protests in Iran erupted in December and continued to escalate into the new year, the government shut down internet access throughout the country. But after weeks of trying, one man in Iran was able to get through the blackout and speak with CBS News on a video call. Ramy Inocencio reports.

9 hours ago