CBS Mornings is offering special discounts on various products through its website, cbsdeals.com. Viewers can find useful everyday items at reduced prices and support CBS as it earns commissions on sales made through the site.
Key Facts
CBS Mornings features exclusive discounts on selected products.
The deals are available on the website cbsdeals.com.
The products showcased may become helpful in daily life.
Purchases made through CBS Deals generate commissions for CBS.
The promotion is part of the CBS News programming.
Read the Original
Want the full story? Tap a source to open the original
article.
A finance expert, Jill Schlesinger, answers common money questions. She covers topics like investing and home loans to help people understand their finances better.
Key Facts
Jill Schlesinger is a business analyst for CBS News.
She provides advice on various finance topics.
Questions include details about investments.
She discusses issues related to home loans.
The advice is shared through CBS News and its app.
The goal is to help viewers manage their money wisely.
Read the Original
Want the full story? Tap a source to open the original
article.
Vermont had the largest rise in mortgage delinquency in the U.S., with an increase of 12.32% from the last quarter of 2025 to the first quarter of 2026.
Key Facts
Mortgage delinquency means borrowers are late on their home loan payments.
Vermont saw the biggest growth in late mortgage payments compared to other states.
The increase happened between late 2025 and early 2026.
This shows more homeowners in Vermont struggled to pay on time during that period.
The report compares changes in mortgage payment status over time.
Other states had smaller increases or stable delinquency rates.
Mortgage delinquency is an important indicator of economic stress for homeowners.
Read the Original
Want the full story? Tap a source to open the original
article.
Even if the war between the US and Iran ended immediately, gas prices in the US are unlikely to return to prewar levels soon. This is because fixing damaged oil infrastructure and resolving supply chain problems will take months or even years.
Key Facts
The current US average gas price is $4.55 per gallon, about $1.50 higher than before the US and Israel attacked Iran in February.
About 25% of global oil shipments, around 20 million barrels a day, pass through the Strait of Hormuz, which is affected by the conflict.
Turning crude oil into gasoline usually takes 30 to 60 days, including extraction, refining, and delivery.
Oil wells in the Gulf region use slower traditional pumping methods compared to faster US shale wells.
Restarting refineries and clearing shipping backlogs in the Gulf could take 3 to 5 weeks or more.
Experts estimate it could take between six months to two years for prices to normalize after the conflict ends.
Jet fuel prices in Europe have been high but are easing somewhat due to lower demand from reduced flight bookings.
Seasonal changes and ongoing demand also influence fuel prices during the conflict.
Read the Original
Want the full story? Tap a source to open the original
article.
A government adviser reports that many young people in the UK are struggling to find jobs because of mental health issues and changes in how they live and communicate. The report says businesses should offer more flexible work and mental health support to help these young people join the workforce.
Key Facts
Nearly 1 million young people aged 16 to 24 in the UK are not in education, work, or training (called Neets).
Mental health problems like anxiety and depression are a major reason many cannot work.
Social media and smartphone use are affecting young people’s sleep, focus, and overall mental health.
More than half of Neets have never had a job, and a quarter are unable to work due to sickness or disability.
The UK has a much higher percentage of Neets compared to countries like Japan, Ireland, and the Netherlands.
Falling immigration is making it harder for UK businesses to find skilled workers.
The report calls for businesses to change by providing flexible work conditions and mental health support for young workers.
Experts suggest schools need to improve to prevent more young people from becoming workless.
Read the Original
Want the full story? Tap a source to open the original
article.
Ice cream prices are rising in some seaside towns in Wales, with Porthmadog charging an average of £3.85 for one scoop. This comes as many UK households face higher costs for food, energy, and fuel due partly to global supply issues.
Key Facts
Porthmadog in Gwynedd has the highest average price for a single scoop of ice cream in the UK at £3.85.
Aberystwyth and Tenby are also among the most expensive seaside towns for ice cream in the UK.
The price for a two-scoop cone in Porthmadog averages £5.28.
Barton-on-Sea in Hampshire is the cheapest UK seaside town for ice cream, with a single scoop costing about £1.95.
The analysis was done by credit card company Zable, which checked prices from popular ice cream shops in 33 UK seaside towns.
Chancellor Rachel Reeves announced cuts on import taxes for certain foods to help reduce prices amid the cost of living crisis.
Rising energy, food, and fuel costs are linked to global events, including the war in Iran affecting supply chains.
Some locals say the high ice cream prices are too expensive for families, while others are willing to pay more for quality ice cream.
Read the Original
Want the full story? Tap a source to open the original
article.
James Watt, co-founder of the beer company Brewdog, is starting a new beer brand called Second Best. He plans to give free shares in this new company to people who lost money investing in Brewdog’s crowdfunding scheme after Brewdog faced financial collapse.
Key Facts
James Watt co-founded Brewdog in 2007 with Martin Dickie.
Brewdog once had four breweries, about 100 pubs worldwide, and was valued at over $1 billion.
Brewdog collapsed with debts over £500 million and was bought by US company Tilray in March 2024.
Brewdog raised £75 million through Equity for Punks, a crowdfunding plan letting fans invest for perks like beer discounts.
When Brewdog was sold, a US equity firm with special shares got paid first, leaving Equity for Punks investors with no returns.
About 484 jobs were lost and 38 bars closed in the sale process.
James Watt resigned as Brewdog CEO in 2024 and apologized for mistakes, saying the company expanded too fast.
Watt will give nearly 20% of shares in Second Best to former Brewdog crowdfunding investors for free, calling them "second founders."
The new company is still getting licenses and legal approval, with no set launch date yet.
Read the Original
Want the full story? Tap a source to open the original
article.
Mexico and the European Union signed a free trade agreement on May 23, 2026. The deal aims to reduce their reliance on the United States and protect themselves from tariffs imposed by President Donald Trump.
Key Facts
The trade agreement between Mexico and the EU had been delayed but was finalized on May 23, 2026.
The goal of the deal is to diversify trade partners away from the United States.
This move helps both Mexico and the EU avoid the impact of tariffs set by President Trump.
Free trade agreements remove or reduce taxes on goods traded between the partners.
Mexico, the EU, and the U.S. are important global trading regions.
The agreement may strengthen economic ties between Mexico and European countries.
Read the Original
Want the full story? Tap a source to open the original
article.
A new designer outlet associated with Leeds is located 15 miles away from the city, in Castleford. This outlet is part of the retail sector and is connected to the Frasers Group company.
Key Facts
The designer outlet is branded with the Leeds name but is actually 15 miles outside Leeds.
The outlet is located in the town of Castleford.
It is related to retail shopping, focusing on designer brands.
The Frasers Group, a retail company, is involved with this outlet.
This news relates to business and retail development in the Leeds area.
Read the Original
Want the full story? Tap a source to open the original
article.
Chancellor Rachel Reeves has temporarily cut the tax on children’s meals in restaurants from 20% to 5% for the summer to help families and support the hospitality sector. However, some restaurant owners say the cut is too small to make a real difference, while others plan to lower children’s meal prices during this time.
Key Facts
The VAT (value-added tax) on children’s meals in restaurants in England is cut from 20% to 5% between June and September.
This measure is part of a wider "Great British summer savings" campaign to ease the cost of living, which includes free bus travel for under-16s.
Some restaurateurs say children’s meals are often already sold at a loss, so the tax cut may not reduce prices much.
Tim Martin, owner of Wetherspoons pubs, plans to lower his children’s menu prices over the summer in response to the VAT cut.
UK VAT on restaurant food is 20%, higher than the European average of about 12% and much higher than Italy’s 10%.
Hospitality businesses want a permanent VAT cut to match supermarket rates and other European countries.
Industry group UKHospitality says a lower VAT could reduce prices, control inflation, increase demand, and create jobs.
Some restaurateurs describe the tax cut as symbolic and call for broader, longer-term support for the hospitality sector.
Read the Original
Want the full story? Tap a source to open the original
article.
Many celebrities are launching skincare and makeup brands, but the market is crowded and competition is tough. Some celebrity brands, like Rihanna’s Fenty and Selena Gomez’s Rare Beauty, have been very successful, while others have closed down due to lack of demand. Experts say that building a strong connection with customers is key for these brands to last.
Key Facts
Harper Beckham, age 14, is rumored to be starting a skincare brand aimed at Generation Alpha.
The celebrity beauty market includes major names like Rihanna, Selena Gomez, Hailey Bieber, and Ariana Grande.
Some brands such as SKKN by Kim Kardashian and Addison Rae’s Item Beauty have closed or struggled.
Fenty Beauty by Rihanna made over $570 million in its first 15 months and is now worth billions.
Rare Beauty by Selena Gomez has a mental health focus and is valued above $2 billion.
Hailey Bieber’s Rhode brand was acquired by e.l.f. Beauty for up to $1 billion.
Ariana Grande’s R.E.M. Beauty remains strong in stores and is worth about $500 million.
Experts say celebrity brands need to create a welcoming “brand world” to keep customers loyal.
Read the Original
Want the full story? Tap a source to open the original
article.
American investors are increasingly interested in Liga MX, Mexico’s top soccer league. A Mexican club owner described Liga MX as a big chance for growth and investment in global sports.
Key Facts
Liga MX is Mexico’s main professional soccer league.
It is seen as an underused opportunity in global sports.
American investors are starting to invest in Liga MX clubs.
Mexican club owners recognize the growing appeal of the league.
The league’s potential attracts international attention and money.
Read the Original
Want the full story? Tap a source to open the original
article.
CBS News Radio ended its broadcasts on May 22, 2026, after being on the air for almost 100 years. The last newscast and special report were anchored by Christopher Cruise.
Key Facts
CBS News Radio stopped operating on May 22, 2026.
It had been broadcasting for nearly 100 years.
Christopher Cruise hosted the final newscast and special report.
CBS News Radio was part of CBS News, a major news organization.
The closure marks the end of a long history in radio news broadcasting.
Read the Original
Want the full story? Tap a source to open the original
article.
A man named Andrew Crowley tried to sell fake ancient statues to the auction house Sotheby’s. Experts found that the paperwork he used was forged with modern printing methods, exposing the fraud.
Key Facts
Andrew Crowley, 46, from Gloucestershire, tried to sell four ancient-looking statues to Sotheby’s.
The statues included three Cycladic figures and one Anatolian stargazer statuette.
Crowley presented fake invoices claiming to be from 1976, but they were printed using technology created in 2001.
Sotheby’s experts noticed spelling errors on the fake documents, helping to uncover the fraud.
The statues were said to be worth about £680,000 if genuine, but the judge lowered the estimated value due to uncertainty.
Crowley admitted to dishonestly making false claims to Sotheby’s and received a two-year suspended sentence.
He was ordered to do 200 hours of unpaid work and pay £1,630 in costs.
Police and Sotheby’s praised the swift work of experts who stopped a serious fraud in the London art market.
Read the Original
Want the full story? Tap a source to open the original
article.
More than half of people plan to shop during Memorial Day weekend sales this year, which is a big increase compared to last year. However, the amount of money shoppers plan to spend is much lower, dropping by 70% from last year.
Key Facts
54% of people said they will shop on Memorial Day weekend this year.
This number is 36% higher than the percentage from last year.
Despite more shoppers, the planned spending amount has fallen by 70%.
The information comes from a survey by Retail Me Not, a digital savings platform.
Consumer savings expert Andrea Woroch shared insights about these trends.
Memorial Day sales often include discounts and deals on many products.
The CBS News app and website provide more coverage about the sales.
Read the Original
Want the full story? Tap a source to open the original
article.
A new report shows that the total cost of a traditional barbecue meal has risen by nearly 10% this year. Despite higher prices, many people still plan to have gatherings with family and friends during the summer.
Key Facts
The cost of a classic barbecue meal has increased by almost 10%.
The report was shared just before the busy summer season.
Many people are still planning to hold summer get-togethers despite price rises.
The report is part of a series called "Affordability in America."
The information was presented by Jo Ling Kent on CBS News.
The price rise affects common barbecue food items.
The report aims to inform consumers about changing food costs ahead of summer events.
Read the Original
Want the full story? Tap a source to open the original
article.
CBS News Radio will stop broadcasting on Friday after nearly 100 years. The company shared memorable moments from its long history in a special program.
Key Facts
CBS News Radio is closing down after almost 100 years on the air.
The shutdown will happen on Friday.
Major Garrett, a journalist, highlighted important moments from CBS News Radio’s history.
CBS News Radio has been a significant source of news for many years.
The closing marks the end of a long-running American news radio service.
Viewers can watch the special program through the CBS News app or online.
The shutdown reflects changes in how people consume news today.
Read the Original
Want the full story? Tap a source to open the original
article.
Shein, a large Chinese company known for fast fashion, is buying Everlane, a brand known for selling clothes in a way that focuses on being good for the environment and fair to workers. This news has caused many customers to worry and question what this means for Everlane’s commitment to sustainable fashion.
Key Facts
Shein is a major fast-fashion company based in China.
Everlane is known for its focus on sustainability and ethical clothing production.
Shein is acquiring Everlane through a purchase deal.
Customers are concerned about whether Everlane will keep its sustainable practices after the deal.
The acquisition has sparked discussions about the future of sustainable fashion.
Liz Landers and Maxine Bédat have talked about the issue publicly.
Read the Original
Want the full story? Tap a source to open the original
article.
Carbon credit markets, which help reduce climate change by paying people to keep forests standing, are now worth around $2 billion a year. There is a new effort to make these markets clearer and more trustworthy, especially for small landowners who want to join.
Key Facts
Carbon credit markets aim to reduce emissions by paying for actions like preserving forests.
These markets are currently valued at about $2 billion annually worldwide.
Some people criticize carbon credits for being unclear and not cutting emissions enough.
A new project seeks to improve the honesty and transparency of carbon markets.
The project focuses on including small landowners, allowing them to earn money for protecting forests.
This report is part of a series called Tipping Point that looks at climate change solutions.
Read the Original
Want the full story? Tap a source to open the original
article.
