CBS Mornings Deals offers viewers special discounts on products that could be useful daily. People can visit cbsdeals.com to find and buy these discounted items.
Key Facts
CBS Mornings Deals features products with special offers.
These items are meant to be helpful in everyday life.
Viewers are encouraged to visit cbsdeals.com to access the deals.
CBS earns a commission when purchases are made through their website.
The deals are promoted as exclusive to CBS viewers.
The article promotes shopping through CBS’s platform.
The discounts and product selections change regularly.
Read the Original
Want the full story? Tap a source to open the original
article.
Mortgage interest rates have decreased recently, with the average rate for a 30-year loan dropping to 6.13% as of April 24, 2026. This decline is linked to easing trade tensions and lower Treasury yields, but rates could change depending on future economic and policy developments.
Key Facts
The average 30-year mortgage rate is 6.13% as of April 24, 2026.
The average 15-year mortgage rate is 5.63%, which is lower and could save buyers money over time.
Refinance rates are also down, with 30-year refinances averaging 6.53% and 15-year refinances at 5.64%.
Rates have been falling steadily over the past few weeks following earlier increases caused by market uncertainty.
Trade tensions easing contributed to a drop in Treasury yields, which affects mortgage rates.
The Federal Reserve has not indicated plans to lower rates soon, keeping future mortgage rates uncertain.
Buyers with good credit and financial stability can benefit more from the lower 15-year mortgage rates.
Refinancing can reduce payments and total interest but requires careful cost-benefit analysis because of closing costs.
Read the Original
Want the full story? Tap a source to open the original
article.
President Donald Trump spoke about possible plans to help Spirit Airlines. The discussion involves ways to support the airline, possibly through financial aid or other measures.
Key Facts
President Trump addressed the situation involving Spirit Airlines.
The focus is on potential plans to assist or bail out the airline.
Spirit Airlines has been facing challenges that may require support.
CBS News reporter Kris Van Cleave covered the story.
The details of any bailout or aid plan have not been fully announced.
The discussion about helping Spirit Airlines was shared through CBS News platforms.
Read the Original
Want the full story? Tap a source to open the original
article.
Cities hosting the 2024 FIFA World Cup in the U.S. are creating and enforcing rules for short-term home rentals to manage the influx of visitors. Homeowners who rent out properties without following local laws risk fines, penalties, and even jail time.
Key Facts
Atlanta allows short-term rentals only for a primary home plus one unit, with a $150 annual license; fines up to $500 apply for violations.
Boston requires hosts to register, pay a yearly fee, prove residency, and limit rentals to under 28 days; fines can reach $300 per day.
Dallas bans short-term rentals in single-family neighborhoods, mandates registration with a $404 fee, property inspections, and tax collection; fines up to $500 per violation.
Houston recently introduced rules requiring registration and a $275 yearly fee; serious violations can cause removal from booking sites and potential fines.
Kansas City requires registration, zoning compliance, a 7.5% tax, and a $3 nightly fee; non-residents cannot rent out homes in residential zones.
Demand for short-term rentals has surged dramatically in host cities ahead of the World Cup, with some areas seeing increases over 1,800% year-over-year.
Local governments are enforcing these regulations strictly to ensure compliance during the event.
Penalties include fines, possible jail time, and removal from popular short-term rental platforms if rules are broken.
Read the Original
Want the full story? Tap a source to open the original
article.
A new Bank of America report shows that Generation Z (people born 1997-2012) are moving to different U.S. cities than older generations. They are choosing places like Denver, Minneapolis, Austin, and Philadelphia based more on lifestyle and culture than just jobs or affordability.
Key Facts
Gen Z moves more than older groups and had more movers in early 2026 compared to 2023.
Unlike older generations, Gen Z favors cities with cultural and lifestyle appeal, not just job growth.
Cities popular with Gen Z include Denver, Minneapolis, Austin, Philadelphia, New York City, San Francisco, Seattle, and San Jose.
Some cities popular with Gen Z had fewer new jobs, showing they value more than just employment opportunities.
Older generations tend to move to cheaper areas as they approach retirement.
Both Gen Z and millennials are increasing populations in cities like Austin, Raleigh, Richmond, Seattle, and San Francisco.
Increased young populations could raise demand on rental housing markets in these cities.
Migration trends suggest Gen Z’s choices may reshape U.S. city growth and housing needs in the future.
Read the Original
Want the full story? Tap a source to open the original
article.
Wall Street futures showed mixed results before the market opened, while oil prices dropped after President Donald Trump extended a waiver allowing foreign ships to transport energy products to the U.S. This waiver aims to ease energy supply issues caused by the war in Iran.
Key Facts
President Trump extended the Jones Act waiver for 90 days, allowing non-American ships to carry oil and natural gas in U.S. waters.
The waiver started as a 60-day measure in mid-March to help stabilize energy supplies amid disruptions from the Iran war.
After the extension, oil prices declined but remained high due to ongoing conflict and disruptions of the Strait of Hormuz.
Brent crude for June delivery fell to $98.67 per barrel, down from a recent high of $107.
U.S. crude oil prices dropped to $94.80 per barrel early Friday.
The Strait of Hormuz remains mostly closed, and the U.S. continues a sea blockade on Iranian ports.
Iran attacked and seized ships in the strait, escalating tensions in the region.
Wall Street stock futures were mixed, but chipmaker stocks rose significantly after Intel reported strong earnings driven by AI demand.
Read the Original
Want the full story? Tap a source to open the original
article.
President Donald Trump said his administration is thinking about buying Spirit Airlines, which might go out of business soon. The plan is to hold the airline and sell it later when fuel costs go down.
Key Facts
Spirit Airlines is facing the chance of going out of business (liquidation).
President Trump’s administration is considering buying Spirit Airlines to prevent that.
The idea is to resell the airline later, possibly when fuel prices are lower.
Fuel prices are currently high, which affects airline costs.
This plan is a type of bailout, where the government helps a struggling company.
The proposal is still being discussed and has not been finalized.
The goal is to save jobs and keep the airline operating for now.
Read the Original
Want the full story? Tap a source to open the original
article.
The new film The Devil Wears Prada 2, premiered in London, shows how the fashion industry is changing, especially print magazines losing power. The movie highlights the shift from old ways of controlling fashion trends to a world influenced by digital media and new business partnerships.
Key Facts
The Devil Wears Prada 2 premiered in London with a party at the National Gallery.
Meryl Streep returns as Miranda Priestly, a character based on Vogue editor Anna Wintour.
The film’s story focuses on Runway magazine struggling with the decline of print publishing.
The original novel and first film were critical of the fashion industry, but now the sequel is embraced by designers and editors.
Fashion power has shifted from magazine editors to digital platforms and commercial deals.
The sequel features cameos from fashion insiders like Donatella Versace.
The movie reflects industry changes including challenges from AI and shrinking budgets.
The director sees Miranda Priestly as a strong leader trying to guide the fashion world through difficult times.
Read the Original
Want the full story? Tap a source to open the original
article.
U.S. oil exports have risen recently due to disruptions in Middle East oil supply caused by the Iran war. However, the growth of U.S. exports may be limited by port capacity and other logistical challenges, even as demand for alternative oil sources increases.
Key Facts
President Trump has highlighted increased U.S. oil and gas exports amid a blockade at the Strait of Hormuz.
U.S. oil exports hit a combined record of 12.9 million barrels per day last week, including crude and petroleum products.
Typical U.S. crude oil exports have been around 3.5 to 4.5 million barrels per day but recently rose to about 5 million barrels per day.
Larger tankers not bound for the Persian Gulf and relatively affordable U.S. oil prices are helping increase shipments.
Analysts say U.S. export capacity may reach about 5.5 million barrels per day monthly, limited mainly by Gulf Coast port and terminal infrastructure.
Falling inventories of diesel and other petroleum products could force refinery output cuts, reducing export volumes in the near term.
New refinery projects and offshore crude port expansions are being considered but face long timelines and uncertain investment decisions.
The Iran war might cause lasting shifts in global oil trade flows, possibly making U.S. exports more important for some buyers.
Read the Original
Want the full story? Tap a source to open the original
article.
A court in Virginia approved a settlement for a class action lawsuit against Capital One. The lawsuit claimed the bank did not increase interest rates on its 360 Savings accounts as expected.
Key Facts
The settlement involves Capital One and customers with 360 Savings accounts.
The lawsuit said Capital One failed to raise interest rates on these accounts.
A Virginia court gave the final approval for the settlement.
The total settlement amount is $425 million.
Customers who had 360 Savings accounts during the relevant period may qualify for compensation.
The exact amount people could receive depends on factors like how long they held the accounts.
This settlement resolves the class action dispute over interest rates on these accounts.
Read the Original
Want the full story? Tap a source to open the original
article.
A deputy governor of the Bank of England warned that global stock markets, currently at record highs, may fall because they do not fully reflect economic risks. She pointed to worries about risky loans in private credit markets and high values of technology stocks, especially those related to artificial intelligence (AI).
Key Facts
Global stock markets are at record highs but may face a drop due to hidden economic risks.
Sarah Breeden, Bank of England deputy governor for financial stability, expressed concerns about private credit markets, meaning loans funded by investors that may be risky.
AI-related technology stocks are seen as highly valued and potentially over-priced.
The US stock market and Japan’s Nikkei 225 recently reached record highs despite worries about inflation and the Iran war.
Britain’s FTSE 100 index is about 5% below its record high before the Iran conflict started.
The Bank of England fears a “private credit crunch,” a sudden difficulty in getting or repaying these risky private loans.
Breeden is concerned about multiple economic shocks happening at once, which could cause stock prices to fall sharply and affect the economy.
Following her warning, the FTSE 100 index dropped by over 0.5%, possibly influenced by her comments and ongoing concerns about the Iran war.
Read the Original
Want the full story? Tap a source to open the original
article.
The private members club Annabel’s in Mayfair used over £70,000 from staff service charges to pay managers' bonuses, leading to staff complaints. The club’s owner, Richard Caring, called this a mistake and promised to change the system to be more fair and transparent.
Key Facts
Annabel’s staff pay includes an optional 15% service charge that goes to workers, plus a £3 cover charge kept by the club.
More than £70,000 from the staff service charge was used to pay bonuses to about 50 managers.
Many staff earn just above the minimum wage (£12.76/hour) and rely heavily on tips and service charges.
The service charge is divided among about 280 workers through a system called a tronc, which separates card tips and cash tips.
New UK law from October 2024 requires employers to share tips and service charges fully and transparently with workers.
Richard Caring admitted the bonus payments from service charges were a “dumb mistake” and said the club will stop this practice.
Annabel’s reimbursed staff an extra £103,000 in April as a goodwill gesture.
Caring plans to offer contracts guaranteeing at least 20 hours a week and is selling a majority stake in his hospitality group for about £1.4 billion.
Read the Original
Want the full story? Tap a source to open the original
article.
Many North American brands build trust with customers through long-term reputations and honest interactions rather than just advertising. Companies like Kenvue and Delta use real data and customer feedback to improve products and services, helping maintain customer loyalty.
Key Facts
Brands rely on trust built over time instead of just marketing.
Influencer promotions may be seen as less trustworthy because audiences often know they are paid.
Celebrity endorsements like Michael Jordan’s Air Jordan helped build brand credibility historically.
Newsweek and BrandSpark International measure and award the most trusted American brands yearly.
Trust from customers increases the chance that people will buy or try a brand’s products again or new ones from the same brand.
Kenvue uses clinical trial data to create reliable pain relief medicines like TYLENOL and wins consumer trust this way.
Delta Air Lines redesigned its SkyMiles program to reward customer loyalty with experiences like sports and music events, not just flights.
Younger consumers often prefer real-world experiences over digital or mixed media messaging.
Read the Original
Want the full story? Tap a source to open the original
article.
Shareholders have approved a $31 per share buyout offer from Paramount Skydance to take over Warner Bros. The deal would merge two large entertainment companies but still requires approval from regulators who worry about its impact on competition in the media industry.
Key Facts
Paramount Skydance offered $31 per share to buy Warner Bros.
Shareholders agreed to the proposed buyout.
The deal aims to merge Warner Bros. and Paramount Skydance's entertainment businesses.
Regulators must review and approve the merger before it can proceed.
Some groups in Hollywood oppose the deal due to concerns about less competition and fewer choices in media.
This takeover has been ongoing for some time and is now closer to finishing.
The merger would combine two major players in the entertainment sector.
Read the Original
Want the full story? Tap a source to open the original
article.
Importers are beginning to use a new government system to request refunds for tariffs that were found invalid by the Supreme Court. The total amount involved is $166 billion in duties collected, but it may take weeks before any money is returned to the companies.
Key Facts
The government has created a system for companies to request tariff refunds.
These refunds come from $166 billion in tariffs the Supreme Court ruled invalid.
Importers have started signing up to use this refund system.
The Trump administration says it could take several weeks before the refunds are paid out.
The system aims to return the collected duties to the companies that paid them.
This effort follows a Supreme Court decision that affected these tariffs.
The process is just beginning, and more companies are expected to sign up soon.
Read the Original
Want the full story? Tap a source to open the original
article.
BBC Radio 1 is warning fans not to buy tickets for its Big Weekend music festival from resellers or unauthorized sellers because these tickets may be fake or invalid. The event will take place in Sunderland, with most tickets reserved for local residents, but some tickets are being sold online at prices much higher than their original cost, causing concern among campaigners who want the government to limit resale prices.
Key Facts
Big Weekend tickets start at £45 but have been found online for over 12 times the original price.
BBC Radio 1 says only tickets bought through their official website or Ticketmaster are valid for entry.
Tickets resold by unauthorized sellers may be void, and holders may be denied entry to the festival.
FanFair Alliance, a music industry group, wants a law to cap resale prices to prevent ticket price exploitation.
The government says it is committed to introducing a ban on inflated ticket resales but has not yet made it law.
Resale websites like StubHub and Viagogo worry that price caps might push buyers to risky, unregulated sites.
Most Big Weekend tickets are allocated to people living in Sunderland and nearby areas.
Some resale listings offer many more tickets than the official two-ticket limit per buyer.
Read the Original
Want the full story? Tap a source to open the original
article.
The deputy governor of the Bank of England said share prices may fall because of risks in the global economy. Many people’s pensions depend on investments in shares, so changes in share prices can affect their retirement savings. Experts advise people not to panic because investments usually require a long-term plan.
Key Facts
Share prices may fall due to economic risks, as stated by the Bank of England deputy governor.
Many large UK companies sell shares on the London Stock Exchange.
Millions of people have pensions invested in shares, even if they don’t directly invest themselves.
Defined contribution pensions hold hundreds of billions of pounds that are affected by share price changes.
People close to retirement need to be careful because share price drops can reduce the value of pension income.
Pension pots often move to safer investments, like government bonds, as people near retirement.
Falling share prices for a long time can lead companies to cut costs, which might include reducing jobs.
Lower share prices can also be seen as buying opportunities for long-term investors.
Read the Original
Want the full story? Tap a source to open the original
article.
Warner Bros. Discovery shareholders have approved the sale of the company to Paramount for $81 billion. The deal includes brands like HBO Max, Harry Potter, and CNN, but still needs to pass regulatory checks before it is final.
Key Facts
The sale price for Warner Bros. Discovery is $81 billion.
Paramount is the company buying Warner Bros. Discovery.
Popular brands such as HBO Max, Harry Potter, and CNN are part of Warner Bros. Discovery.
Shareholders of Warner Bros. Discovery have agreed to the sale.
The deal requires approval from regulators before completion.
Some people worry the deal might reduce competition in the media industry.
The news was reported from Los Angeles by Wassim Cornet.
The acquisition is part of a long-running takeover process.
Read the Original
Want the full story? Tap a source to open the original
article.
Most Australians think the country is already in or soon will be in a recession, but experts see a lower risk. Economists say the economy may slow down and face challenges, but it is unlikely to shrink for a long period. Some industries show weakness, but overall spending is holding up.
Key Facts
Over 60% of Australians believe a recession is happening or will happen within 12 months.
Only 15% of people think Australia will avoid a recession.
Economists estimate there is a 20% chance of a recession in the next year, up from 15% before the Iran conflict.
The Reserve Bank raised interest rates due to accelerating inflation and high living costs.
Growth forecasts dropped from 2.2% to 1.5%, and unemployment is expected to rise slightly.
Spending data shows stable or growing consumer activity except in travel and regional areas.
A worst-case scenario involving fuel and fertilizer shortages could reduce growth significantly but still might not cause a full recession.
The term "vibecession" describes how people feel worse about the economy than statistics show.
Read the Original
Want the full story? Tap a source to open the original
article.
High gold prices in South Asia are making traditional gold wedding jewelry too expensive for many families. As a result, more people are buying affordable alternatives like imitation jewelry or thinly gold-coated ornaments called “one-gram gold” instead of pure gold.
Key Facts
Gold prices have risen significantly, reaching about $4,861 per ounce recently.
India, the second largest gold consumer, saw a 24% drop in demand for gold jewelry in 2025 compared to the previous year.
Many brides and their families use gold jewelry not just for decoration but also as a symbol of status and protection.
One-gram gold jewelry is made by coating a thin layer of pure gold over base metals, making it more affordable.
Jewelers report that most customers now prefer imitation or lighter gold options due to high prices.
Families in cities like Srinagar, New Delhi, and Dhaka are replacing traditional heavy gold jewelry with smaller, cheaper gold pieces or artificial jewelry.
The shift away from pure gold in weddings reflects changing economic realities in South Asia.
Read the Original
Want the full story? Tap a source to open the original
article.
