Shoppers have been spending big this holiday season, despite economic pressures
According to a Mastercard report on holiday spending, consumers spent 3.9 percent more this year between November 1 and December 21 than last year.
Business
Texas age verification law for App Stores is blocked, a victory for Apple and Google
A preliminary injunction in federal court cited the First Amendment, giving tech companies like Apple and Google victory.
The pulled '60 Minutes' report, briefly streamed in Canada, is now all over the internet
At the last minute, CBS News ran a segment on Venezuelan men deported to a prison in El Salvador by the Trump administration. It appeared… Read More »The pulled '60 Minutes' report, briefly streamed in Canada, is now all over the internet
Student loan borrowers who default could see their wages rise in early 2026
Starting the week of Jan. 7, the Department of Education will begin sending payroll deduction notices to about 1,000 of the five million borrowers in… Read More »Student loan borrowers who default could see their wages rise in early 2026
Private equity, saddled with investments it cannot sell, is losing its luster
As funds deliver mediocre returns and turn away investors, the sector is struggling to offload 31,000 investments, up from this time last year.
US economic growth rose in the third quarter of 2025
Gross domestic product grew 4.3 percent year on year, faster than the previous three months.
YouTube has a firm grip on daytime TV
YouTube's large lead over Netflix and other competitors is largely due to YouTube's daytime dominance.
China postpones plans for mass production of self-driving cars after accident
After years of planning for cars that would allow drivers to take their hands off the wheel and their eyes off the road, Chinese regulators… Read More »China postpones plans for mass production of self-driving cars after accident
Unrest at CBS News after Bari Weiss removes '60 Minutes' segment
Several veteran correspondents questioned how Ms. Weiss, the new editor-in-chief of CBS News, had handled the segment after defending her decision during a call with… Read More »Unrest at CBS News after Bari Weiss removes '60 Minutes' segment
Larry Ellison personally guarantees the highest bid for Warner Bros.
Mr. Ellison's personal guarantee is intended to address concerns raised by the Warner Bros. board. Discovery had raised concerns about Paramount's original offer.
Epstein victims are asking Congress to ensure that the Justice Department releases all files
More than a dozen women called for hearings in Congress to ensure the Justice Department fully complies with the Epstein Files Transparency Act.
OpenAI's child exploitation reports have risen sharply this year
OpenAI sent 80 According to a recent update from the company, times as many child exploitation cases will be reported to the National Center for… Read More »OpenAI's child exploitation reports have risen sharply this year
How the US Defense Industry Dodged a Rare Earth Shortage After the Chinese Curbs
America's ability to make precision-guided missiles was threatened during Trump's tariff war. But experienced players have saved the supply chain for now.
How Elon Musk won his no good, very bad year
How strange time to be Elon Musk. This year started with the businessman turned political operator throwing what, at least for the Nazis, a Sieg… Read More »How Elon Musk won his no good, very bad year
The economy survived 2025, but many Americans are reeling
A feared recession did not occur, but unemployment rose, wage growth slowed and affordability problems mounted.
