
Megan Cerullo
Business Reporter at CBS Moneywatch
Reporter at @CBSMoneyWatch. Brown University + Newmark J school alum.
Articles
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2 days ago |
cbsnews.com | Megan Cerullo |Alain Sherter
A growing number of consumers are taking out "buy now, pay later," or BNPL, loans to cover everyday living expenses, data shows, a sign of the precarious financial state facing many U.S. households. A quarter of Americans now use BNPL loans to pay for groceries, up 14% from last year, according to a recent survey from LendingTree. The personal finance firm also found that more people are using such financing to pay for clothing, technology and housewares.
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2 days ago |
cbsnews.com | Megan Cerullo |Alain Sherter
Dollar Tree, a chain of discount stores, warned Wednesday that President Trump's import tariffs could lower its second-quarter earnings by as much as 50% compared to the year-ago period. The Chesapeake, Virginia-based retailer sources most of its inventory, which ranges from disposable tableware, party supplies and toys to puzzles and clothing, from China, making it vulnerable to higher U.S. tariffs on the Asian economic giant.
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3 days ago |
cbsnews.com | Megan Cerullo |Alain Sherter
Alaska Airlines is making its first foray into the European travel market, announcing Tuesday it will launch new flights to and from Rome, Italy, beginning in May 2026. The introduction of the new route marks the first time travelers will be able to fly nonstop from the airline's hub in Seattle, Washington, to Italy on any airline, according to Alaska Air. Customers will fly on Boeing 787-9 aircraft the carrier obtained when it merged with Hawaiian Airlines in 2023.
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1 week ago |
cbsnews.com | Megan Cerullo |Aimee Picchi
The Trump administration could pursue alternative pathways for imposing tariffs after a federal court this week struck down its use of emergency powers to enact broad levies on U.S. trading partners, according to experts. At risk is much of Mr. Trump's trade agenda, which relies on tariffs as a way to secure better terms of trade, boost the U.S. manufacturing sector and generate what he claims could be trillions in new federal revenue.
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1 week ago |
cbsnews.com | Megan Cerullo
With student borrowers back on the hook for repaying their loans after years of government leniency, delinquent borrowers are struggling to pay. As a result, their credit scores are getting dinged, hurting their ability to access future credit. Credit scores dropped by more than 100 points for 2.2 million delinquent student loan borrowers from January through March of 2025, according to recent data from the Federal Reserve Bank of New York.
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