Economy

ECB's Lagarde says bond selloff will slow inflation

Bond yields around the world have surged in recent weeks, with debt-laden France among the hardest hit.

IMFC chair says global economy resilient; delegates walk out on Russian official

"Escalating conflicts and trade tensions could further disrupt critical trade routes," the chair of the International Monetary and Financial Committee said.

‘Countries are defying gravity’: how much longer can global economy resist chaos?

Sky-high oil prices and geopolitical turmoil have made less of a dent than feared … just don’t bank on it to last

The Digger disaster: what an epic movie flop means for Tom Cruise and Hollywood

Unprecedented folly of misjudgment, bad timing and spectacular hubris is predicted to lose $245m. How did this happen?

Looking for a pay bump? A "nondegree credential" can help.

Updated on: October 16, 2026 / 1:53 PM EDT / CBS News

Ukraine drone strikes and Iran war split blame on skyrocketing diesel prices

Following President Donald Trump’s deal with Russia to export diesel fuel into the global market, the administration and its critics have fought over what impact Ukrainian drone and missile strikes on Russian refineries have had on global diesel prices.

Why did CoreWeave stock get crushed this week? Look to this corner of the debt market for clues

CoreWeave’s bond yields and credit default swaps have surged as its stock sells off. Here’s what those credit signals mean for stock investors.

Major earnings reports are due next week, but strong results may not be enough to quell market fears

Reports from Meta Platforms and Procter & Gamble are on deck as investors grow wary of the market.

Wall Street's Fear Gauge Is Ripping. Traders See It Going Even Higher

The sell-off in AI-related stocks pushed the VIX above 22 for the first time in four months. A cluster of trades suggests it could go even higher.

We're downgrading this retail stock after a big comeback. Plus, AI names slide again

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Yields continue to rattle investors. These sectors are most at risk if rates stay elevated

Utilities, real estate and materials are some of the sectors that are most vulnerable in a high-yield environment.

The Austin Powers steamroller: How to trade CoreWeave's slow moving crisis

After a 27.5% drop from last Friday's close to this Thursday morning's 52-week lows, followed by a 17% rebound, equity traders holding CoreWeave are dazed.