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Over half of Americans say their finances are worsening, Gallup poll finds Gas prices jump to their highest level since start of Iran war Taylor Swift files to trademark her voice and image amid rise in AI deepfakes United Arab Emirates says it will permanently leave OPEC on May 1 Will the Fed cut interest rates? Here's what to expect at Wednesday's meeting. Hundreds of Google workers urge CEO to refuse classified AI work with Pentagon The legal showdown between Elon Musk and Sam Altman begins today. Here's what to know. California billionaire tax secures enough signatures to make ballot United Airlines CEO says he approached American Airlines to discuss possible merger Prediction markets in hot seat over rogue bettors and insider trading Tillis says he's prepared to move forward with Kevin Warsh's nomination for Fed chair How high energy bills, driven by new data centers, are affecting average Americans Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says In 8 weeks, the Iran war has dented the U.S. economy. The damage could linger, economists say. Trump extends Jones Act waiver for another 90 days Trader Joe's customers sue over coffee's caffeine levels IEA says Iran war will keep the global natural gas market tight for two years Here are the college majors that new grads regret the most, according to a recent survey Food prices could rise more amid the Iran war. Here's how to cut costs on groceries. Planning to fly this summer? Book now before prices surge, airline experts say. Air travel prices likely to get worse in coming weeks, Chevron CEO says Only one Trump "gold card" visa has been approved so far, Commerce's Lutnick says Nearly 208,000 heated socks sold at Costco are recalled after customers report burns Meta to cut 8,000 jobs as it charges into AI JetBlue used customers' personal data to set ticket prices, lawsuit alleges How much does it cost to raise a child? Judge approves $425 million Capital One settlement. Here's what customers should know. AI is fueling a massive surge in crypto fraud schemes, IRS investigators say Why is the Trump administration considering bailing out Spirit Airlines? Rents around the U.S. are growing more slowly than they have in years Crypto billionaire Justin Sun sues Trump family's World Liberty Financial, alleging fraud Anthropic investigating possible breach of its Mythos AI model CBS News gas and oil price tracker shows how much energy costs are rising amid the Iran war Trump Media replaces CEO Devin Nunes as its losses top $1 billion Condom maker warns prices may rise due to Iran war supply disruptions It's not just gasoline. U.S.-Iran war could drive prices higher for many products derived from petroleum. Medigap premiums leap, and consumers have few alternatives John Ternus prepares to take over Apple after Tim Cook resignation Meta failed to protect social media users from scam ads, lawsuit alleges UPS, FedEx and DHL are seeking tariff refunds. Here's what it means for consumers. Kevin Warsh testifies that the Federal Reserve will remain "strictly independent" Will gas dip below $3 a gallon this year? Here's what experts predict. Oil only accounts for half the cost of a gallon of gas. Here's where the rest comes from. Who will run the Federal Reserve if the Senate doesn't confirm Trump pick Kevin Warsh? Tariff refund portal off to bumpy start as some businesses report glitches This frequently used Social Security strategy could cost you $182,000 Uber found liable for actions of driver who grabbed passenger's inner thigh Tim Cook to step down as Apple CEO, with John Ternus tapped as successor Kevin Warsh faces lawmakers in Fed chair confirmation hearing. Here's what to expect. United Airlines merger with American Airlines would hurt consumers, senators say Food stamp work rules don't increase employment, researchers say Seeking accountability in trucking accidents Selling cars for a song Can Allbirds take flight as an AI company? Making the most of your life insurance Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved Summer travel overseas could hit turbulence amid soaring jet fuel prices Stocks soar and oil prices plunge as Iran says Strait of Hormuz is open Airlines cut routes in response to rising jet fuel costs amid Iran war Oil prices plummet after Iran says Strait of Hormuz is "completely open" Here's who is spending money on AI subscriptions, and how much they cost Growing number of Americans delay retirement: "Rising costs are on my mind" Ford recalls nearly 1.4 million F-150 pickup trucks due to gearshift issue Airline adding triple-decker bunk beds for economy-class travelers on long-haul flights AI "agents" can do your shopping. Should you let them? Spirit Airlines may halt operations within days, sources say Trump tries to change conversation from war to the economy This is the fastest-growing job for young workers, LinkedIn says NPR receives $113 million in charitable gifts, including $80 million from Connie Ballmer Despite uncertainty over the Iran war, the S&P 500 and Nasdaq hit record highs. Here's why. Trump administration launches tariff refund portal. Here's what to know. Treasury secretary says Americans can already see refunds as Trump's tax breaks kick in Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules Can fans get refunds after Ticketmaster ruling? S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears Allbirds says it's ditching footwear and pivoting to become an AI company Why Jerome Powell — not Trump — will decide when the Federal Reserve chief exits the scene Woman says "I felt betrayed" and claims her brother drained her parents' life savings It's Tax Day. Here's how big the average tax refund is in 2026. 7-Eleven plans to close 645 stores in North America this year Chevron executive Andy Walz suggests Americans should drive less amid high gas prices Chevron executive says consumers "should try to drive less" to save money on gas Chevron says Venezuelan oil imports are helping curb U.S. gas prices Android users could get money under $135 million Google settlement. Here's how. Most Americans say they pay too much in taxes. Here's what the data shows. Data centers could spur a utility spending spree, report finds. Here's the impact. IMF warns about risk of global recession as Iran war impacts energy costs Fed Chair nominee Kevin Warsh is worth well over $100 million, new financial disclosure forms show United CEO floated idea of United-American Airlines merger, sources say Stocks rally, oil dips below $100 a barrel as investors signal hope for swift end to Iran war McDonald's to start selling refreshers and crafted sodas nationwide in May Roblox to introduce age-based accounts in latest effort to shore up safety measures Beef, that all-American food, is getting harder for Americans to afford 4/12: Sunday Morning - The Money Issue Fighting for health care claim approvals Anthropic's Mythos AI can spot weaknesses in almost every computer on Earth. Uh-oh. How Middle East tensions impact prices in U.S. GM recalls more than 270,000 cars in U.S. over rearview camera risk Strait of Hormuz remains shut as Trump pushes U.S. allies to help open the key waterway. Here's what to know. Iran war hits housing market as mortgage rates rise to 6% on inflation fears

How the economy is really performing as stock market surges

CBS News · 2026-06-05 · via Moneywatch - CBSNews.com

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