The typical American’s paycheck has grown faster since 2019 than in any stretch since the early 1980s. Most of it didn’t stick. A CBS News analysis of Census data found the typical full-time worker earned $1,250 a week in the first half of 2026. That’s up $342 from the year before the pandemic, a raise…
Fewer U.S. children may have access to free school meals this academic year amid changes ushered in by the Republicans’ tax-and-spending law, the “One Big Beautiful Bill Act,” according to food and public policy experts. The impact on school meal programs stems from the OBBBA’s overhaul of the Supplemental Nutrition Assistance Program, the formal name…
Kendall Schrohe remembers the moment she swapped her smartphone for a flip phone. “For me, like the second that my iPhone was gone, it was just like heaven on earth,” the 23-year-old Washington, D.C., resident told CBS News. Schrohe is among the growing number of young people who are ditching their smartphones in favor of…
U.S. Rep. John James, endorsed by President Trump, is projected to be the winner of Tuesday’s Republican gubernatorial primary race in Michigan, according to CBS News. As of 10:47 p.m., unofficial results showed that James was leading with 155,109 votes to businessman Perry Johnson‘s 111,942. James will go head-to-head against Michigan Secretary of State Jocelyn Benson, who…
A record number of adult children under 35 are moving back in with their parents, either because they can’t afford homes of their own or to save money amid the rising cost of living, according to a recent study. In 2025, 25.2 million adults under 35 lived at home, according to Realtor.com, which found that…
Two Michigan residents who had “significant underlying health conditions” have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said on Monday. State officials have been providing nearly daily updates over the past few weeks on the cyclospora outbreak, which has sickened thousands of people. Without going into further details, the health department…
This story previously aired on July 16, 2016.. It was summer in Miami — two years before her death — and Sylvie Cachay was on top of the world. From all over the country, top bathing suit designers were vying for attention. But it seemed all eyes were on Sylvie and her swimwear line, Syla….
JPMorgan Chase said on Monday it will invest $750 billion through 2035 to boost the U.S. housing supply, including financing for 1 million affordable housing units and assisting 500,000 people in buying homes. The investment is part of JPMorgan Chase’s American Dream Initiative, announced in March to boost economic mobility at a time when many…
Americans want CEOs to walk in their shoes for a while, a new survey suggests. Asked about the one thing they would want corporate leaders to understand about economic life in the U.S. today, a quarter of those polled said the cost of living is too high and that companies should make products more affordable,…
For a long time, big majorities of Americans have said their incomes are not keeping up with inflation, and they’ve continued to feel President Trump isn’t focused enough on it. Yet many aren’t seeing relief coming from either side of the aisle. Both parties are underwater on whether their policies are perceived as helping with…
