Economy

Everything to know about the IRS Fresh Start program

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Have IRS Fresh Start program qualifications changed in 2026? Here's what to know.

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We're booking profits in this AI stock that's had a parabolic move to start 2026

We always say discipline trumps conviction, and we don't want to be greedy after a tremendous rally.

Lowe's bets on kids, creators and Gen Z as Americans delay homebuying

The retailer is trying to attract more store and website visits as the U.S. housing market remains sluggish and customers postpone projects.

Fed's main gauge shows inflation at 2.8% in November, edging further away from target

Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations.

Inflation ticked up to 2.8% in November in Fed’s preferred gauge

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in November 2025, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures index, which is the Federal Reserve’s preferred inflation gauge.

What are today's mortgage interest rates: January 22, 2026?

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Rum is booming but only Jamaican classics have the true funk

Spiced rums are a hit but the traditional blends outshine them all

Ovo Energy fined £2.7m for failing to deliver government bill support on time

Regulator says thousands of UK’s most vulnerable households missed rebate for months amid soaring costs

Trump administration officials expect the strongest economy in years in 2026. Here's why.

Updated on: January 22, 2026 / 7:35 AM EST / CBS News

How Trump can get consumers spending again

President Donald Trump is on the verge of making one of the most important economic changes of his second term: reshaping the leadership of the Federal Reserve after years of frustration with a central bank whose artificially high interest rates distorted markets for far too long.

Stop saying that the Yuan will replace the Dollar as the global reserve currency

Due to President Donald Trump’s willingness to upend the global status quo, financial commentators and elite media outlets confidently predict that the status of the United States dollar is under threat as the global reserve currency. They say that China’s yuan may replace the dollar in that privileged position. The same voices insist that international investors and central banks are preparing to dump dollar-denominated assets.