Economy

Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend

Lower costs, tax incentives and access to a larger market have seen a raft of companies shift operations to Malaysia from Singapore.

Teachers turning to side hustles to pay the bills: "I'm going to just keep hustling"

Over a third of U.S. workers now hold multiple jobs just to keep up, according to a recent survey by ZipRecruiter. Meg Oliver shows how many school teachers are working side hustles in this "Affordability in America."

Thursday's big stock stories: What’s likely to move the market in the next trading session

The Dow Industrials lost more than 900 points on Wednesday as chip stocks added to their losses and President Trump threatened additional strikes on Iran.

Inflation topped 4% in May as CPI surged to its highest level in more than 3 years

Updated on: June 10, 2026 / 7:17 PM EDT / CBS News

U.S. inflation hits 3-year-high

The U.S. saw its highest inflation since April 2023 in May, according to the latest numbers from the Bureau of Labor Statistics. Kelly O'Grady has more.

Jim Cramer says one of SpaceX's biggest risks is this group of investors

CNBC's Jim Cramer said one of the biggest risks facing the SpaceX IPO is speculators who may rush to sell shares shortly after the stock begins trading.

Cramer's lightning round: 'BlackBerry is good'

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Jim Cramer says investors have 'lost their appetite for danger' as defensive stocks take the lead

CNBC's Jim Cramer said investors are rotating into defensive sectors, signaling a growing preference for safety over risk.

Stock futures rise as U.S. completes strikes against Iran: Live updates

A rout in chip stocks and ramp-up in Middle East tensions pulled down the major averages on Wednesday.

Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh's ears

The president said Wednesday he is happy with inflation at 4.2%. That will be welcome news for new Fed Chair Kevin Warsh.

Citigroup shares outperform down market after Trump endorsement

Jane Fraser-led Citi fell 1%, less than the rest of the market and some other major banks, after Trump lauded its turnaround in a social media post.

Trump says "I love the inflation" because U.S. is "taking out" Iranian oil

Updated on: June 10, 2026 / 5:29 PM EDT / CBS News