Economy

Even store Santas are struggling to find a job these days

December 23, 2025 / 2:42 PM EST / CBS News

U.S. GDP grew much faster than expected in the third quarter. What that means for rate cuts in 2026

The third quarter’s U.S. GDP reading came in stronger than anticipated, raising questions of what the findings might mean for rates in 2026.

What percentage will credit card companies settle for?

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Bitcoin’s buzz is gone. Investors chose real gold in 2025

Gold is up 70% while the cryptocurrency is down 6% after it failed to bounce back from a rapid October sell-off

How I went from earning $50,000 to $432,000 when I worked at Amazon

Nabeel Khan started his career as an operations manager at Amazon and, over five years, worked his way up to senior product manager. During that time, his annual compensation grew from $50,000 to $432,000. In 2025, after saving more than $660,000, he left the company to launch his own business.

Southwest's profits are down 42% this year but it's the top U.S. airline stock

Southwest's stock has gained nearly 24% so far this year, more than any other airline.

Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates

Hassett said the artificial intelligence boom is boosting economic growth while simultaneously putting downward pressure on inflation.

Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more

These are the stocks posting the largest moves in midday trading.

Consumer confidence continues to fade despite heady economic growth

Updated on: December 23, 2025 / 11:32 AM EST / CBS/AP

Consumers are taking on more debt this holiday, even as they grow less confident in the economy

Amid higher prices, more than one-third of shoppers racked up holiday debt this season, averaging $1,223, according to a recent report.

This cloud stock is due for a big rebound heading into the new year. Using options to play it

Nishant Pant breaks down this bull call spread options trade.

What are today's mortgage interest rates: December 23, 2025?

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