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Sunday, July 05, 2026 3:12 AM ET

CBS News - Business

One year later, here's who won - and lost - under the OBBBA -- A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.

1 day ago

What's open and closed on July 3 and July 4? See which stores are operating. -- Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.

1 day ago

More than 100,000 fireworks recalled ahead of July 4 -- Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.

1 day ago

How to save money on air conditioning as electric bills climb -- As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.

1 day ago

U.S. says it's monitoring oil markets for price-fixing, urges states to do same -- Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.

1 day ago

Taxes on Trump's $1.4 billion crypto income could total hundreds of millions -- The White House declined to say how much the president paid in taxes on his crypto windfall.

2 days ago

Trump Accounts launch July 4. Here's how they work. -- People can begin depositing money in the new tax-deferred investment accounts on Saturday, with eligible children receiving a $1,000 government contribution.

2 days ago

What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban? -- As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.

2 days ago

Exclusive - Bessent on Trump's crypto earnings: "I don't think there's an appearance problem" Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy. Jul 2

1 day ago

What not to do if your CD account matures this July -- Have a CD account with a July 2026 maturity date? Here are three things to avoid doing before that point.

2 days ago

How much interest will an $18,000 long-term CD account earn if opened this July?

2 days ago

How much interest can a $55,000 CD account earn if opened now?

3 days ago

Which AC settings can actually lower your electric bill this summer? -- Dealing with high electric bills this summer? A few changes to your AC settings may help trim your cooling costs.

2 days ago

Will a new central air conditioning unit lower your electric bill?

2 days ago

Will a home warranty cover the cost of a central air conditioning unit?

2 days ago

Silver's price is down 49% since January. Is it still a good investment? -- The price of silver has dropped substantially from a January high. Here's why it's still a good investment anyway.

2 days ago

Is silver a better investment than gold this summer? Experts weigh in

2 days ago

Here's why a gold investment makes sense right now

12 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

Social Security faces looming benefit cuts. Can the program be saved? -- Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.

17 days ago

Here's the retirement challenge nobody talks about -- Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.

25 days ago

Social Security checks could be cut by $500 a month in 2032, report finds -- Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.

1 month ago

Can an AI agent cover for you while you're at the beach? -- "AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.

26 days ago

Working remotely can hurt people's mental health, research finds -- Although working remotely offers flexibility, it also takes a toll on people's mental health, experts said.

26 days ago

The main reason some young college grads are struggling to find work -- Economists at the New York Federal Reserve say they've identified the main reason some recent college grads are having trouble landing a job.

1 month ago