CBS News | Business Headlines

Verizon says outage resolved after customers lost service for hours
Wed Jan 14 10:36 pm
A Verizon spokesperson told CBS News that an outage that customers reported beginning around noon Eastern Time had been resolved.
Read More
Bilt offers credit cards with 10% APR after Trump proposes interest cap
Wed Jan 14 5:59 pm
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Read More
Apple, Google face pressure to remove X and Grok from their app stores
Wed Jan 14 3:01 pm
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Read More
Saks Global, century-old high-end department store chain, files for bankruptcy
Wed Jan 14 2:19 pm
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
Read More
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Wed Jan 14 12:30 pm
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Read More
Chew on this: U.S. food prices are still up 19% since 2022
Wed Jan 14 10:50 am
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
Read More
"Are You Dead," viral Chinese app, changing its name
Wed Jan 14 7:49 am
The Chinese mobile app "Are You Dead?" which sounds an alarm if a user doesn't check in every 48 hours, says it will drop its catchy name after it drew international media attention.
Read More
GM CEO Mary Barra on electric vehicles, tariffs and competing with China
Tue Jan 13 7:28 pm
General Motors CEO Mary Barra said the Trump administration's tariffs caused a "few-billion-dollar impact," but also praised them for "leveling the playing field."
Read More
CPI rose at 2.7% annual rate in December as inflation remains sticky
Tue Jan 13 7:23 pm
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
Read More
Trump: Jerome Powell has "been a lousy Fed chairman"
Tue Jan 13 7:00 pm
President Trump brushed off a question about whether the Justice Department probe amounts to political retribution.
Read More
Looking to kickstart your career? These are the best jobs for 2026.
Tue Jan 13 5:43 pm
Focusing on these sectors could give your job search a boost, according to a new ranking of the best jobs for 2026.
Read More
What Trump's 10% credit card rate cap would mean for consumers
Tue Jan 13 5:19 pm
Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
Read More