CBS News MoneyWatch
Coverage of CBS News MoneyWatch in the Nexus archive.
- How Trump's "One Big Beautiful Bill Act" is affecting Americans, 1 year later
President Trump launched a program offering tax-deferred investment accounts for children under 18 under his tax and spending law, which Congress passed last year. The initiative, called Trump Accounts, is part of the legislation referred to as the 'One Big Beautiful Bill Act.'
- Starter homes now cost $1 million in hundreds of U.S. cities, Zillow finds
Zillow found 242 U.S. cities now have starter homes priced at $1 million or more, nearly triple the 2020 number. Starter homes are defined as those in the lowest third of regional home values.
- Justice Department approves Paramount-Warner Bros. merger
The Justice Department has approved the merger between Paramount Skydance and Warner Bros. Discovery. CBS News MoneyWatch correspondent Kelly O'Grady reported the development.
- SpaceX stock closes up 19% on first day of trading
SpaceX's stock closed up 19% on its first day of trading, marking the largest initial public offering in history. The event was covered by CBS News MoneyWatch correspondent Kelly O'Grady.
- More employers seeking critical thinking skills amid AI rise
Employers are increasingly prioritizing critical thinking and liberal arts skills as artificial intelligence becomes more prevalent in U.S. job sectors, reducing the demand for traditional technical skills. CBS News MoneyWatch reporter Megan Cerullo highlights this shift in a career training experts' analysis.
- Working remotely full-time can negatively impact mental health, research finds
Research indicates that full-time remote work may harm mental health, even though surveys show people are willing to accept lower salaries for remote flexibility. CBS News MoneyWatch reporter Megan Cerullo covers the findings.
- Analyzing what the May jobs report says about the economy
The U.S. economy added 172,000 jobs in May, exceeding expectations despite not showing a 'roaring' pace of job creation. CBS News MoneyWatch correspondent Kelly O'Grady reported the findings.
- More Americans dipping into 401(k) early, data shows
A new report from Fidelity indicates that more Americans are withdrawing from their 401(k)s prematurely. CBS News MoneyWatch correspondent Kelly O'Grady provides analysis on the trend.
- Oil prices hit 4-year high amid Iran war
Oil prices reached a 4-year high amid tensions related to an Iran war, surging to $126 a barrel before retreating. CBS News MoneyWatch correspondent Kelly O'Grady reported on the development.
- Why Federal Reserve held rates steady for third consecutive time
The Federal Reserve maintained its benchmark interest rate unchanged for the third consecutive meeting. The decision was reported by CBS News MoneyWatch correspondent Kelly O'Grady.
- Federal Reserve holds interest rates steady as Chair Powell's term nears end
The Federal Reserve maintained its benchmark interest rate amid rising U.S. inflation. The decision was made as Chair Jerome Powell's term nears its end, with CBS News MoneyWatch correspondent Kelly O'Grady reporting on the development.
- U.S. gas prices hit highest level since start of Iran war
U.S. gas prices have reached their highest level since the start of the U.S.-Israeli war with Iran. The surge is attributed to ongoing regional tensions impacting energy markets.
- Some businesses report issues with Trump administration's new tariff refund portal
The Trump administration launched an online portal to refund businesses affected by tariffs ruled illegal by the Supreme Court, but some businesses have reported issues accessing the system. CBS News MoneyWatch reporter Megan Cerullo detailed the problems.
- Optimism over Strait of Hormuz drives markets higher
Announcements from President Trump and Iran that the Strait of Hormuz is open led to a drop in oil prices and a rise in stock markets. The development was reported by CBS News MoneyWatch correspondent Kelly O'Grady.
- Stock market hits new heights amid optimism about Iran war resolution
The stock market reached new highs as investors anticipated a swift resolution to the war with Iran. Wall Street's gains continued from the previous day's record levels.
- Utility companies planning to invest $1.4 trillion in power grids for AI, report finds
U.S. utility companies plan to invest $1.4 trillion over the next five years to strengthen the nation's power grid, according to a report by PowerLines. The report was released by the nonpartisan nonprofit consumer education organization.