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Tuesday, May 12, 2026 1:11 PM ET

CBS News - Business

Parents sue OpenAI over teen's death after he used ChatGPT to get drug info -- A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.

4 hours ago

CPI surged in April as inflation soars to highest level in almost 3 years -- U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.

4 hours ago

EBay rejects GameStop's $55.5 billion takeover bid -- GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."

4 hours ago

Trump proposes gas tax holiday, but savings may be limited -- Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.

1 day ago

ChatGPT developer sued over FSU shooting: "They planned this shooting together" -- The family of one of the victims in last year's deadly mass shooting at Florida State University accused ChatGPT developer OpenAI of enabling the suspect leading up to the attack. -- May 11

1 hour ago

Emperor penguins in focus as Antarctica talks start in Japan -- Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.

5 hours ago

Senate confirms Kevin Warsh as Fed governor, clearing path to become chair -- The Senate has confirmed Kevin Warsh to the Federal Reserve's Board of Governors, a crucial step in President Trump's push to make Warsh the central bank's leader, replacing Jerome Powell.

38 minutes ago

Dua Lipa alleges Samsung uses copyrighted image of her to sell TVs -- Pop singer accuses electronics manufacturer Samsung of using a copyrighted image of her face to sell TVs.

1 day ago

Trump says he aims to suspend gas tax "for a period of time" -- President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.

3 hours ago

$80,000 CD vs. $80,000 high-yield savings account vs. $80,000 money market account: Here's which will be most profitable now -- When comparing these three account types over the next year, there's a clear, lucrative winner for savers to know.

22 hours ago

$100,000 CD vs. $100,000 high-yield savings account vs. $100,000 money market account: Here's which will earn more interest now

22 hours ago

How much interest will a $150,000 money market account earn now (and is it worth opening)?

6 days ago

What's the required minimum distribution from a $100,000 retirement account? -- Have $100,000 saved in a retirement account? Here's how much you'll be expected to withdraw annually. -- May 11

1 hour ago

Can debt relief protect your Social Security or retirement income?

25 days ago

What's the required minimum distribution from a $300,000 retirement account?

1 day ago

Should seniors change their gold investing strategies this May? Experts weigh in -- Certain gold investing strategies could work better for seniors this month. Here's what to consider right now. -- May 11

3 hours ago

Why a gold investment makes sense this May

1 day ago

Best gold IRA companies and investing advice to know now

18 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 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.

4 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

Americans saving less for retirement - that's a "warning sign," experts say. -- Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.

1 month 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.

6 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.

11 days ago

This is the fastest-growing job for young workers, LinkedIn says -- Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.

25 days ago