A British prosecutor says a former Citibank and UBS trader motivated by greed served as the ringmaster in the alleged manipulation of a key interest rate, the London Interbank Lending Rate, or Libor.
Only on "CBS This Morning," Forbes reveals its annual list of "World's 100 Most Powerful Women." It includes 24 CEOs, 15 billionaires and eight heads of state. The power women control $1 trillion in annual revenues.
The minimum wage in Los Angeles could increase to $15 an hour by 2020 under a plan given initial approval by the City Council. Here's a look at how far that money could go in six cities, given living expenses.
Improving child care needs to become a national priority, Hillary Rodham Clinton said on Wednesday, and she urged Republicans in Congress to provide more federal money to help working families care for their children.
Behind the slump in consumer spending Financial markets are at or near record highs, but consumer spending in April was flat. At the same time, Americans are saving money and paying down their credit card debt. What does this mean for the economy?
Google is making it easier for you to purchase things on your phone by adding a "buy button." CNET's Dan Ackerman joins CBSN with more on how it'll work.
Interest rates on short-term Treasury bills fell in Monday's auction. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, down from 0.02 percent last week.
Coupons are everywhere. Everyone loves a good deal, and it's easy to start looking around the web or a newspaper or circular and see visions of giant savings dance in front of your eyes. It's like free money, right?
U.S. shoppers kept their spending in check in April, as modest wage growth over the past year keeps family budgets tight.
U.S. household debt levels were mostly unchanged in the first three months of this year, held back by tight mortgage credit standards and consumer reluctance to borrow heavily.