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Thursday, June 04, 2026 2:29 PM ET

CBS News - Business

What borrowers need to consider before the July federal student loan changes -- Borrowers have a short window to prepare for numerous upcoming student loan changes. Here's where to start.

3 minutes ago

4 things student loan borrowers should do before July 1

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Best private student loans for fall 2026

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Can Social Security back pay be garnished or frozen over unpaid debt?

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How much interest can a 1-year CD earn if opened this June? -- Interest earnings on a 1-year CD account remain competitive. Here's what savers need to know before getting started.

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3 signs that it's time to open a CD account now

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Will CD account interest rates rise this summer? Experts weigh in

2 days ago

First on CBS - Trump's name must come off the Kennedy Center by June 12 - There's been no word yet on if the Kennedy Center plans to remain open after July 5. It was to be closed for two years for extensive repairs beginning this summer. 23M ago

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Alleged $30M fraud ring involving children's health services busted, officials say -- Federal authorities have busted what they say is a $30 million fraud conspiracy involving billing for children's behavioral health services that were never provided, officials announced.

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John Bolton plans to plead guilty in classified documents case, sources say -- A federal grand jury indicted John Bolton, former national security adviser to President Trump, on 18 counts last year.

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House Republicans seek DOJ probe of allegations raised by Epstein's assistant -- Republican lawmakers asked the Justice Department to investigate allegations raised by Jeffrey Epstein's longtime assistant that she was abused by two men.

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Trump plans to attend NBA Finals in New York City, sources say -- Trump, a native New Yorker and self-described Knicks fan, said he was invited to attend a Knicks playoff game by the team's owner James Dolan, who has donated to Mr. Trump's political campaigns.

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Live - Iran says "no tangible progress" in talks; Hezbollah rejects Israel-Lebanon truce - Iran says there's been no progress in talks with the U.S. after tit-for-tat strikes, as Hezbollah rejects new Israel-Lebanon ceasefire. updated 41M ago

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Crime - Details on alleged $30 million fraud ring - Federal law enforcement officials on Thursday announced that two Ohio state employees and two co-conspirators were indicted in connection with an alleged $30 million Medicaid billing fraud scheme involving children's behavioral health services that were never rendered. As part of the investigation, 14 vehicles were seized, including a Maserati, a Mercedes, a Bentley and a McLaren, according to a source. CBS News senior Justice Department Sarah Lynch has more. 59M ago - 2:30

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Deadly shooting at high school graduation -- One person was killed, and three others were injured during a high school graduation in Northern California, officials say. CBS News' Jarred Hill reports.

32 minutes ago

SCOTUS rules on "skinny label"drugmaker case -- The Supreme Court issued a ruling backing a generic drugmaker accused of infringing Amarin Pharma patents for so-called "skinny labels." CBS News' Jan Crawford reports.

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More on Todd Blanche's law career -- Todd Blanche, President Trump's former personal attorney and the current acting attorney general, is expected to be nominated to lead the Justice Department permanently, sources say. CBS News' Natalie Brand reports.

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Bolton expected to plead guilty, sources say -- President Trump's former national security adviser during his first term, John Bolton, is expected to plead guilty to one count of retaining classified national security information, sources tell CBS News. Contributor Jessica Levinson joins with more insight.

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Early details on John Bolton plea deal -- President Trump's former national security adviser, John Bolton, will plead guilty to one count of retaining classified national security information, two sources say. CBS News legal reporter Katrina Kaufman has more.

32 minutes ago

ICE arrests dozens at South Carolina business -- South Carolina officials say Immigration and Customs Enforcement officers arrested dozens of people in a raid. CBS News' Shanelle Kaul reports.

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Todd Blanche on expected nomination -- Todd Blanche is reacting to news of his expected nomination to serve as attorney general of the Justice Department. CBS News' Weijia Jiang reports.

1 hour ago

Trump plans $700 million investment in new coal plants and terminal -- The money is expected to fund new and existing coal plants, as well as an export terminal in California.

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SpaceX plans record stock market debut that could make Elon Musk a trillionaire -- SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.

8 hours 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.

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Upcoming billing change could make pregnancy pricier -- Come January, pregnancy care physician billing codes will change from a bundled system to an la carte one. -- Jun 3

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American Airlines suspends 6 routes because of high jet fuel costs -- American Airlines said it is temporarily cutting six routes amid rising jet fuel costs, including several flights to Los Angeles.

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These are the best airlines in 2026, according to The Points Guy -- The Points Guy's annual ranking gives extra weight to affordability this year as higher fuel costs and airline fees squeeze travelers. -- Jun 3

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Ford recalls nearly 420,000 vehicles over faulty seat belts -- Safety watchdog said seat belts in certain Ford Expedition and Lincoln vehicles may inadvertently lock, preventing them from functioning properly.

22 hours ago

This is 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. -- Jun 2

19 hours ago

Outback Steakhouse sued for $1.5M over alleged mashed potato slip-and-fall -- A Virginia woman alleges she suffered serious injuries after slipping on what appeared to be mashed potatoes at an Outback Steakhouse. -- Jun 3

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Social Security could be cut by $500 monthly in 2032, a new report claims. Here's how to boost your savings before that happens. -- Social Security could reportedly be cut by $500 per month in 2032. Here's how to increase your savings before then.

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3 WAYS RETIREES CAN IMPROVE THEIR FINANCES RIGHT NOW

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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.

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These are retirees' 5 biggest financial fears -- Retirees say inflation, health care costs and market volatility are threatening their financial security. -- May 21

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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. -- May 8

14 days 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.

15 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.

29 days ago

Guide missing for a week on Mount Everest found alive: "Miracle" -- A Sherpa guide was found crawling to base camp on Mount Everest a week after he went missing.

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Endangered Tasmanian devil named Mary escapes wildlife park -- Wildlife experts backed by a sniffer dog and a thermal-imaging drone operator are searching for the "extremely shy" marsupial, officials said.

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Israel and Lebanon agree to renew ceasefire if Hezbollah cuts off attacks -- The Israeli and Lebanese governments have agreed to implement a ceasefire, after weeks of deadly fighting between Israel and Hezbollah had imperiled broader negotiations between the U.S. and Iran to end their conflict.

15 hours ago

North Korea announces opening of a new nuclear facility -- State media photos showed what appeared to be a large centrifuge hall, indicating the plant is likely used to enrich weapons-grade uranium.

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