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Thursday, December 11, 2025 7:22 AM ET

CBS News - Business

Fed lowers interest rates by 0.25 percentage points in third straight cut -- The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.

17 hours ago

Trump admin moves to end SAVE plan for millions of student borrowers -- Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.

20 hours ago

Trump says he's "crushing" inflation in speech to Pennsylvania voters as GOP faces affordability concerns -- President Trump spoke about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night. -- Dec 9

11 hours ago

Lottery jackpots are getting bigger and harder to win. See data on the top prizes. -- Here are the top 20 largest Powerball and Mega Millions jackpots in history, and the odds of winning them.

15 hours 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.

19 hours ago

Justice Department moves to drop charges in international soccer corruption case -- Federal prosecutors in New York moved to drop charges against former Fox employee Hernan Lopez and Full Play Group, an Argentine sports media rights company.

13 hours ago

Canada seeks to draw talent, as U.S. charges $100K for H-1B visas -- Canada has launched an initiative aimed at drawing leading researchers to the country.

18 hours ago

GoFundMe fundraisers to pay for basic living expenses surged in 2025 -- Fundraising patterns reflect Americans' mounting affordability challenges, according to GoFundMe CEO Tim Cadogan. -- Dec 9

11 hours ago

MacKenzie Scott announces she donated $7.1 billion to nonprofits in 2025 -- The author and philanthropist MacKenzie Scott revealed $7.1 billion in donations to nonprofits in 2025 Tuesday, marking a significant increase in her annual giving from recent years. -- Dec 9

14 hours ago

Why credit card debt relief makes sense for 2026 -- Feel like you're losing control of your credit card debt? Here's why a debt relief approach could make sense for 2026.

15 hours ago

What is a reasonable settlement offer for credit card debt?

15 hours ago

3 THINGS RETIREES SHOULD KNOW ABOUT THEIR CREDIT CARD DEBT

16 hours ago

How much will a $50,000 home equity loan cost monthly after the December Fed rate cut? -- Want to borrow $50,000 worth of home equity now? Here's what a loan can cost monthly after the December Fed rate cut.

17 hours ago

What is the HELOC interest rate forecast for 2026?

17 hours ago

Can you have both a HELOC and a home equity loan?

21 hours ago

The Fed just cut rates to their lowest point since 2022. Here's what that could mean for mortgage rates. -- The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.

17 hours ago

What are today's mortgage interest rates: December 10, 2025?

17 hours ago

What is the mortgage refinance rate forecast for 2026? Here's what some experts expect.

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.

8 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.

8 months 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?

8 days ago

How a change to Social Security could impact retirement in 2026 -- Social Security's full retirement age is changing next year, affecting when the youngest baby boomers and Gen Xers can collect 100% of their benefits.

23 days ago

The IRS is raising your 401(k) and IRA contribution limits for 2026 -- The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.

27 days 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. -- Dec 5

19 hours ago

The U.S. urgently needs air traffic controllers. Here's what the job requires. -- Aviation experts worry that the recent government shutdown could make it hard for the U.S. to recruit a new generation of air traffic controllers. -- Nov 26

5 days ago