CBSN Business News

Stocks are down on Friday, with oil prices surging in the wake of the Israel's military strike on Iran.

The Republicans' "big beautiful" budget package is uniting everyone from Elon Musk to Wall Street over an issue that experts say could pose a threat to the nation's long-term fiscal stability: The rising cost of servicing the U.S. government's growing mountain of debt. 

Corporate leaders' outlook for the U.S. economy is improving, with most CEOs saying they do not expect a recession this year, a new survey shows.

New college graduates this year face an especially daunting task — putting their degrees to work just as "generative" artificial intelligence technology like ChatGPT is beginning to change the American workplace. 

Meta has removed a number of ads promoting "nudify" apps — AI tools used to create sexually explicit deepfakes using images of real people — after a CBS News investigation found hundreds of such advertisements on its platforms.

The autopen — a machine first patented centuries ago — is having a moment in the political spotlight, following  allegations made by President Trump that former President Biden used one to sign pardons. 

China on Monday said the Trump administration is undermining the temporary May 12 trade agreement between the two nations by issuing AI chip export control guidelines, stopping the sale of chip design software to China and by planning to revoke Chinese student visas.

Counselors who work with foreign students eager to attend college in the U.S. are advising them to purge their social media accounts of posts that could attract the attention of U.S. State Department officials.