Economy

Here's how AI could influence the Fed's economic outlook

Artificial intelligence could produce faster gains in worker productivity, altering the U.S. labor market and the Federal Reserve's economic outlook.

U.S. GDP grew at a blistering 4.3% pace in the third quarter

Updated on: December 23, 2025 / 10:19 AM EST / CBS News

What to know as holiday travel rush hits high gear

Holiday travel is ramping up ahead of Christmas, with more than 122 million Americans expected to travel this week, according to TSA. CBS News senior transportation correspondent Chris Van Cleave has the latest.

Citadel to return $5 billion in profit to investors, source says

The firm's flagship multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said.

3 things homebuyers should do in 2026 (and 3 things to avoid), according to experts

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Four quiet Q4 winners and what the stocks must do to keep rolling in 2026

These are the Club holdings that have made some big gains in the fourth quarter

Gold and silver reach fresh highs for second day running

David Neuhauser, CIO at Livermore Partners, told CNBC's "Access Middle East" that gold has more room to run.

31-year-old scoops ice cream on the side for $16.50/hour to make ends meet in this job market: ‘There is zero shame in it'

Kaila Curry expected to work with teenagers. But "I found myself surrounded by people who, like me, had already built careers and are now navigating an unpredictable job market."

This is LinkedIn's No. 1 piece of advice for entry-level job seekers in 2026: 'The best way to start'

Many recent grads and other entry-level workers are struggling to find work. LinkedIn predicts this will be "the top destination for young jobseekers in 2026."

Nearly a quarter of Americans say their credit scores took a hit this year—the No. 1 way to increase yours, according to an expert

If your credit score has taken a hit this year, there isn't much you can do to erase your history, but there are steps you can take to rebuild your credit.

Gold is trading at record levels. Why it might hit $5,000 an ounce

Futures tied to the precious metal hit a high of $4,530.80 per ounce on Tuesday — the first time it ever traded above $4,500.

Economic growth accelerated to 4.3% in the third quarter in boost to Trump

Gross domestic product grew at a 4.3% annual rate in the third quarter, the Bureau of Economic Analysis reported Tuesday, an acceleration that should give the Trump administration room to breathe as it confronts poor approval ratings on the economy.