TikTok settles lawsuit over youth safety concerns for at least $100 million
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
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Business
Facebook found liable for deceiving users in Cambridge Analytica case
The two-week trial in New Mexico centered on accusations Facebook deceived users about a data breach.
Mortgage rates are back above 7%. How much higher could they climb?
Rates are "far more likely to go up than down by the end of the year," a senior economist at Realtor.com told CBS News.
Why the bond market is freaking out, and what it means for your money
Investors are increasingly nervous about rising inflation, which could require the Federal Reserve to hike interest rates.
Small businesses roll the dice on Kalshi to manage their risks
Hundreds of small businesses are using the prediction market to hedge against a range of business risks, according to Kalshi. Here's how.
Wastin' Away Again in Margaritaville… With No Estate Plan?! | Money Moves with Jill Schlesinger
Why are Jill and Mark doing a deep dive on Margaritaville? Well, three years have passed since Jimmy Buffett died, and his family is still fighting over a $275 million estate. In today's episode, Jill and Mark explain why estate planning is essential and why…
Disney is raising prices for Disney+ and Hulu. See the breakdown.
The price hikes for new subscribers are effective immediately. Existing subscribers' plans will go up next month.
Social Security tax hike "financially impossible" for many, expert says
Raising payroll taxes enough to stabilize Social Security could add thousands of dollars in annual costs, according to one analysis.
Tips for taking care of your life insurance
Nearly 47% of American households say they feel financial hardship after a primary wage earner dies, according to a recent survey, which is where life insurance comes in. Jill Schlesinger joins with more.
Meta's Muse shopping agent is a hit, as AI commerce starts to take off
Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
Online sports bettor says gambling now is "like crack in the '80s"
A CBS News investigation into sports gambling found that companies like FanDuel push hard to keep gamblers engaged and wagering, even as their losses pile up. Jim Axelrod has more.
Have an Apple iPhone 15 or 16? How to file a claim for up to $95.
The claims window is open until Dec. 21, 2026. To file a claim, iPhone users must enter basic personal info and their iPhone's serial number.
195,000 heated blankets recalled after dozens of burn injuries
The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.
These are the best airlines in 2026, according to The Points Guy
The Points Guy's annual ranking gives extra weight to affordability this year as higher fuel costs and airline fees squeeze travelers.
Thousands of Taylor Swift tickets illegally resold by broker, FTC alleges
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly-sought Eras Tour.
Lack of child care costs families, business and taxpayers $122 billion: study
1 in 4 parents has had to quit a job because of child care problems, according to the study.