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Category: Economy

Britain's £2,000 driveway deficit: Drivers without...

The driveway divide has been found to be unfairly penalising drivers who do not have access to off-street parking.

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Insuring a period property costs TWICE as much as ...

The most expensive category of period homes to insure are those built during the Stuart period, 1603 to 1714, which cost £545 on a...

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The best Chinese car 'dupes': They rival top Europ...

Chinese cars from makers such as BYD and Chery have a similar aesthetic and feel to brands such as Vauxhall, Volkswagen and Merced...

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New electric cars may look expensive but here's wh...

We teamed up with Insider Car Deals to analyse the price you will pay for 10 new EVs against their closest petrol equivalents. And...

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Bank of England to test the risk AI poses to count...

The Bank of England will include risks from artificial intelligence in its stress tests of the financial system, it told MPs.

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NPR gets $113 million in gifts, including $80 mill...

NPR said the donation from Ballmer, the largest to the public radio network by a living donor, will help offset the loss of federa...

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This is the fastest-growing job for young workers,...

Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.

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Trump tries to change conversation from war to the...

President Trump went to Las Vegas on Thursday to try to change the subject from war to the economy, downplaying rising gas prices....

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Spirit Airlines may halt operations within days, s...

Two years after a failed merger with JetBlue, there are public reports that Spirit Airlines could be going under within days. Kris...

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Allbirds drops sneakers, reinvents itself as an AI...

Allbirds plans to rebrand as NewBird AI and acquire GPUs to provide AI compute infrastructure after selling its footwear brand for...

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How to up your chance of winning big in the new £1...

Who wants to be a billionaire? If you have any sense, you'll be shouting 'Me!' from the rooftops.

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Beauty Tech Group cashes in on LED face mask boom ...

Sharing its maiden annual results since its flotation last year, boss Laurence Newman said there was 'significant momentum' in the...

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Nine top jobs paying up to £75k which bosses are e...

Finding a job is getting harder as unemployment rises - almost 1.9 million Brits were out of work in the three months to January, ...

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Uzbekistan national wealth fund confirms London li...

Uzbekistan's national wealth fund has confirmed plans to list in London, marking the country's first foray into global stock marke...

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Chinese car lookalikes for EVERY type of driver: T...

Chinese cars from makers such as BYD and Chery have a similar aesthetic and feel to brands such as Vauxhall, Volkswagen and Merced...

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Tesco says 'uncertainty' caused by Middle East war...

Ken Murphy, who runs Britain's biggest supermarket, said the group had poached customers from rivals over the past last year 'desp...

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Treasury secretary says Americans can already see ...

Treasury Secretary Scott Bessent said Americans are already seeing record refunds as President Trump's new tax breaks start to kic...

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Trump admin set to launch tariff refund portal. He...

A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supre...

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Live Nation and Ticketmaster illegally monopolized...

The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.

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Despite uncertainty over the Iran war, the S&P 500...

The S&P 500 and Nasdaq hit record highs on Wednesday despite the economic uncertainty caused by the Iran war. CBS News business an...

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Why Jerome Powell — not Trump — will decide when t...

President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil f...

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Generation Z avoid going to the shops because of '...

Younger shoppers said they feel embarrassed or worried that something will go wrong, such as their card being declined.

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HSBC now offers £1,000 for switching to its Premie...

HSBC has upped its Premier switch offer. When you combine it with a deal for opening an Isa, there's a large carrot on the table.

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Stocks tick higher as oil continues to fall; Stand...

A wave of relative calm has washed over global markets as President Trump indicated the US and Iran would hold talks within days.

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Two major mortgage lenders CUT rates: Is this a tu...

Two major high street banks have bucked the current trend by lowering rates on their mortgages.

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Oil and defence in, Crocs and Starbucks out: Top s...

Investors are shaking up their portfolios to back oil and defence amid conflict in the Middle East, while ditching well-known cons...

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Chevron says Venezuelan oil imports are helping cu...

Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron ex...

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Chevron executive suggests Americans should drive ...

"People should try to drive less. They should try to conserve energies," Andy Walz told CBS News. "We should be doing that all the...

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Chevron executive says consumers "should try to dr...

Lilia Luciano traveled to Chevron's largest oil refinery on the Mississippi coast and spoke to Andy Walz, a president of the compa...

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7-Eleven plans to close 645 stores this year

The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series...

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It's Tax Day. Here's how big the average tax refun...

Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.

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Is buying a single index ETF smarter than picking ...

Investing in index funds and ETFs that track broad market indexes is a sound strategy for most investors seeking diversified expos...

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Oil eases to below $100 and stocks rebound on hope...

Oil has retreated to below $100 a barrel while stocks rise as Iran suggested it was open to striking a deal with the US, despite t...

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Nigel Farage-backed cryptocurrency firm Stack BTC ...

A cryptocurrency firm backed by Nigel Farage and former Tory Chancellor Kwasi Kwarteng has bought £2m worth of bitcoin.

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I won £10,000 after finding a gold Ronald Card fro...

On realising she had won one of only ten rare Ronald Card £10,000 prizes, Nicoleta said she 'couldn't believe it at first.'

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Nissan's electric Juke revealed with futuristic ne...

Nissan has doubled down on its commitment to becoming an all-electric car brand with the unveiling of the Juke EV - a model that w...

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The death of the one bedroom flat? How the first r...

One bed flats are the most unloved homes in Britain right now - spending more time on the market, facing more price reductions, an...

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Beef, that all-American food, is getting harder fo...

The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?

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Roblox introduces age-based accounts amid child sa...

The California-based company said it will assign users ages 5 to 8 to a Roblox Kids account and users ages 9 to 15 to a separate a...

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McDonald's to start selling refreshers and crafted...

McDonald's is expanding its cold beverage menu and also plans to introduce energy drinks later this year.

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Stocks rally, oil dips below $100 as investors sig...

Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.

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US ETF assets under management to more than double...

U.S. ETF assets under management could more than double to $25 trillion by decade's end, Citigroup says, driven by active ETFs, pr...

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The EV that charges in FIVE MINUTES coming to Brit...

The Denza Z9GT is available to order this month and promises blistering performance and jaw-dropping charging times. We've driven ...

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TEN new tax year tips to get your finances off to ...

A new tax year means a clean slate. It's the perfect time to make sure your money works for you in 2026/27, say Clare Stinton and ...

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Vistry appoints replacement boss sooner than expec...

Shares in Vistry fell this morning following the appointment of a new boss, with current boss Greg Fitzgerald stepping down sooner...

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How do I find out if my state pension is right? 17...

If my NI record shows 'no full years' from 1979 to 1996 how can my pension be correct? I have queried this many times with the DWP...

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Money transfer firm Wise confirms it is on track t...

Wise is expected to shift its primary listing from the UK to the US next month, as the money transfer firm reported soaring income...

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Strait of Hormuz still seeing significantly lower ...

Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway ...

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Will the Iran ceasefire ease U.S. gas prices? Here...

Gas prices in the U.S. continued to edge up on Wednesday even as oil prices fell. Here's how long it could take for fuel costs to ...

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Inflation surged in March as Iran war drove up ene...

Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.

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The upper middle class is now the largest income g...

America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, ...

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MoneyWatch price tracker shows how much food, util...

These charts track prices consumers pay for groceries and other goods now compared to five years ago.

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IMF prepares $50billion bailout to prop up countri...

The International Monetary Fund is preparing bail-outs of up to $50bilion for countries battered by the Iran war - as oil prices r...

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REVEALED: The 10 best used family cars, according ...

Scientists from the Centre for Automotive Industry Research at Cardiff University have carried out an academic study to rank the 1...

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Global economy faces growth 'shock' says IMF - as ...

The ceasefire between Iran, the US and Israel is looking increasingly fragile barely 24 hours after it was announced. Brent crude ...

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Vinted sales soar to £1bn amid bargain hunting sec...

Vinted chief executive Thomas Plantenga suggested the second-hand selling app could see an uptick in transactions should the Iran ...

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Labour cuts red tape on EV charging points by slas...

Ministers promise it will also accelerate the installation process, meaning new devices can be fitted in just days rather than wai...

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Lawmakers call for CFTC crackdown on prediction ma...

Prediction market bets on the fate of U.S. service members are "morally corrupt and completely unacceptable," one lawmaker said.

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Oil prices, stocks swing sharply ahead of Trump's ...

"This is a potentially huge market event like no other. It's a known unknown with a clock," one investment adviser said.

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Average cost to raise a child now tops $300,000, s...

Raising a child through age 18 is most expensive in Hawaii, where a family would spend an estimated $412,661 in 2026, LendingTree ...

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Delta hikes bag check fee by up to $50 as jet fuel...

Delta is the third major U.S. carrier to hike its bag fees, as airlines face surging jet fuel costs and other headwinds from the I...

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Oracle hires new CFO with $950K salary as thousand...

Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands amid a...

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I'm 73 and a victim of a National Insurance glitch...

I asked for a reconsideration 14 months ago on a decision by HMRC about NI credits. My state pension is £625 a month. I would like...

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The state pension rises by up to £575 today but 8....

Millions of retirees will be awarded a chunky 4.8 pc increase to their state pension from today. As energy bills are poised to cli...

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Good Hair Days ahead for GHD as lustrous locks def...

GHD and other companies like it are gambling on demand for expensive beauty products of every sort remaining strong in a tough eco...

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3 ways the Iran war is hitting Americans' pocketbo...

U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.

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Employers added 178,000 jobs in March, blowing pas...

Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted...

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Sauté pans sold at Costco recalled after metal cap...

One consumer reported sustaining bruising and burn injuries.

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Chicago Fed's Goolsbee says he sees inflation as r...

Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest ra...

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See which stores are open and closed for Easter 20...

Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.

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US taps millions more barrels from strategic reser...

The U.S. Energy Department plans to loan 10 million more barrels from the Strategic Petroleum Reserve as the Iran conflict sends o...

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GM to boost pickup truck production in Michigan am...

GM plans to run its Flint Assembly plant six days a week starting in June, mandating overtime for 4,200 workers to boost heavy-dut...

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Meta's Bay Area layoffs affect roughly 200 workers...

Meta is cutting approximately 200 jobs in the San Francisco Bay Area as the company restructures teams and invests heavily in AI i...

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Saks Global expects to exit bankruptcy this summer...

Saks Global secured a $500 million financing commitment from capital partners, and the luxury retailer plans to emerge from Chapte...

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Our pension investments are down 10% thanks to the...

My wife and I are in a bit of a panic over events in the Middle East and the impact this is having on our pensions.

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Blue Whale manager: How I avoided the AI slump and...

Stephen Yiu was among the first wave of investors to see the potential gains from artificial intelligence for companies and their ...

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Why investors are worried by the murky shadow bank...

Blue Owl Capital, a private credit investment firm, has been hit by demands from investors to pull out $5.4bn (£4bn) from two of i...

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Former engineer Geoff has a £23,000 state pension ...

While Geoff Exton travelled the world for his job as a power station engineer, he never paid much attention to his future state pe...

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Troubled 'shadow bank' Blue Owl caps withdrawals a...

Wall Street firm Blue Owl Capital was forced to stall investors taking money out of two of its flagship funds, after being hit by ...

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Iran war's impact is spreading beyond oil, hitting...

Shortages of helium, a byproduct of natural gas processing, could create problems for semiconductor and medical equipment manufact...

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CBS News gas and oil price tracker shows how much ...

As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or h...

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Jamie Dimon says rejecting capitalism is "dead wro...

JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evenin...

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Gas prices hit $4.06 a gallon before Trump's prime...

U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.

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Which home improvement projects are worth the cost...

CBS News business analyst Jill Schlesinger dives into the state of the housing market and offers tips for deciding which home reno...

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Markets are nervous, but Main Street isn't: Wells ...

Markets may feel fragile amid the ongoing Iran conflict, but Wells Fargo CEO Charlie Scharf argues that Main Street's economic ind...

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The increased state pension is arriving soon: How ...

The annual rise will not kick in all at once for everyone The headline state pension rates will be hiked by 4.8 per cent under the...

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The simple hacks that can turbocharge your state p...

While Geoff Exton travelled the world for his job as a power station engineer, he never paid much attention to his future state pe...

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This is what I wish I'd known before abandoning my...

When Graeme Eadie decided to downsize from a four-bedroom Georgian townhouse, he looked forward to a simpler life in a more manage...

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Landlord mortgage rates soar to highest level in t...

The typical five-year fixed rate buy-to-let mortgage has risen sharply since the conflict in Iran began, according to rates scruti...

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The best cash Isas for TRANSFERS - how to earn a t...

New cash Isa deals are arriving thick and fast ahead of tax-year end, but the top rates won't always be available to those who wan...

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Netflix raises its subscription prices for the sec...

The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.

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Iran war fallout raises odds of a U.S. recession, ...

Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.

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Stocks tumble as Wall Street nears longest losing ...

Stocks are heading for a fifth straight weekly loss as oil prices climb and mixed signals on Iran raise fears about inflation and ...

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Consumer confidence slides amid concerns over the ...

Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.

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NS&I will 'reunite' bereaved families with cash an...

NS&I said it estimated that up to 37,500 bereavement claims with a total value of up to £476m in customer deposits may have been a...

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Co-op boss steps down after four years as retailer...

The boss of the Co-op will step down after four years, as the retailer reported it had taken a significant hit from a cyber attack...

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FTSE in the red as oil rebounds to $105; NS&I comp...

The FTSE 100 sank lower as oil topped $105 a barrel again, amid fading hopes of a de-escalation in the Middle East.

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'Just not sustainable': Marks & Spencer boss accus...

Stuart Machin, who runs one of Britain's biggest High Street chains, said that government levies now make up more than half of the...

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Daniel Craig helps launch BYD's new premium Chines...

Denza, BYD's new energy vehicle sub-brand, has revelaed Daniel Craig as its new brand ambassador ahead of its European launch.

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USPS to add temporary fuel surcharge for some post...

The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel pri...

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