CBS News

17 hours ago | cbsnews.com | Chilekasi Adele

Affordable housing has been one of the issues central to the Democratic primary race for mayor of Pittsburgh. Mayor Ed Gainey is seeking to tout what his administration did to build and restore affordable homes, but his party challenger is pouring water on some of those figures. Democratic challenger Corey O'Connor did not attend Mayor Ed Gainey's affordable housing tour. He declined the invitation, saying it turned into a campaign rally. The tour went on, with five stops, including one in Oakland.

17 hours ago | cbsnews.com | J.R. Duren |Angelica Leicht

Gold has enjoyed a stellar run so far in 2025. Amid periods of market volatility and an uncertain economic environment, the precious metal has climbed to multiple new price records this year, which has been due, in large part, to investors turning to gold as an inflation hedge and a way to diversify their portfolios.

17 hours ago | cbsnews.com | Melissa Quinn

Washington — A federal judge on Wednesday sharply criticized the Justice Department over an executive order signed by President Trump that aims to punish the law firm Perkins Coie and appeared sympathetic to the firm's bid to permanently block the administration from enforcing it. U.S. District Judge Beryl Howell is considering Perkins Coie's request that she find the executive order issued by Mr. Trump in March unlawful and permanently stop its implementation.

18 hours ago | cbsnews.com | Angelica Leicht |Matt Richardson

In today's tough economic landscape, Americans are leaning on their credit cards more than ever before. Case in point: the total amount of credit card debt nationwide reached a staggering record of over $1.21 trillion in the fourth quarter of 2024, according to the latest Federal Reserve data. This represents a significant increase in card debt over the last few years, reflecting the financial pressure many households have been facing.

19 hours ago | cbsnews.com | Angelica Leicht |Matt Richardson

Amid today's economic hurdles, Americans are increasingly finding themselves at a financial breaking point. As a result, interest in personal bankruptcy is climbing. According to the latest data from LegalShield, a legal services company, bankruptcy inquiries surged nationwide in the first quarter of 2025, hitting the highest level since early 2020.