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Friday, May 22, 2026 8:33 PM ET

CBS News - Business

AI job cuts are rising, but experts say layoffs are only part of the story -- Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.

2 hours ago

This factor may determine whether you get rich. You don't control it. -- Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.

8 hours ago

House lawmakers launch insider trading probe into Kalshi and Polymarket -- Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.

5 hours ago

Kevin Warsh sworn in as new Fed chair, replacing Powell -- Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.

8 hours ago

Why Google's Gemini Spark AI agent could be a game changer -- AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts. -- May 21

3 hours ago

Summer air travel could be rough. Here's how travelers can prepare. -- A new report finds that on-time flight arrivals are at their worst level since 2014, with fuel costs and weather adding to summer travel risks. -- May 21

6 hours ago

Consumers are still spending, but cracks are starting to show -- Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in three years. -- May 21

4 hours ago

Record 274 climbers scale Nepal's side of Mount Everest in single day -- A record 274 climbers scaled the Nepal side of Mount Everest in a single day, officials said. They took advantage of clear weather. -- May 21

2 hours ago

Sponsored - How much emergency savings should you keep while paying off debt - It can be tricky to save for an emergency fund while paying off debt. Here's how to strike the right balance. 5H ago

25 minutes ago

When you should (and shouldn't) take out a personal loan to pay off debt

5 hours ago

How much interest can a $40,000 short-term CD earn now (and is it worth opening)? -- A $40,000 short-term CD can earn a significant return for savers now. But that's not the only advantage to know.

6 hours ago

3 CD account mistakes to avoid in today's economy

11 hours ago

Here's how much interest a $15,000 CD account can earn now

6 hours ago

Here's how mortgage rates changed in 2026 (and what could happen this June) -- This is how significantly mortgage interest rates have changed so far in 2026 (and what could happen next).

9 hours ago

When could mortgage rates drop close to 5% again? Here's what three experts predict.

3 days ago

Can you negotiate your mortgage rate in today's market?

7 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

These are retirees' 5 biggest financial fears -- Retirees say inflation, health care costs and market volatility are threatening their financial security.

1 day ago

Here's how AI can help with retirement planning, and where it struggles -- As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.

14 days ago

Americans expect to work much longer than they would like. Here's why. -- Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."

1 month ago

Is the teen summer job a thing of the past? -- A summer job was once a seasonal tradition for millions of American teenagers. No more - here's why fewer young people are expected to clock in when school ends.

3 days ago

EEOC sues New York Times, alleging bias against White male worker -- Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.

17 days ago

More Americans are quitting their U.S. jobs to work abroad, study finds -- Since 2021, the share of U.S.-based employees who have left their jobs to work in another country has more than doubled.

21 days ago