Economy

An Inflection Point for Prediction Markets

The crackdown on insider trading has exposed the platforms’ fundamental contradictions.

Cramer's lightning round: Buy Howmet Aerospace

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

Uber to shed 10% of workers as it moves to cut costs and simplify its business

Updated on: September 2, 2026 / 6:26 PM EDT / CBS News

Budget Committee to weigh fiscal commission to wrangle $40 trillion debt

EXCLUSIVE — House Budget Committee Chairman Jodey Arrington (R-TX) said a full committee hearing will be held this month in Texas to discuss a bipartisan fiscal commission, as legislators reckon with the national debt eclipsing $40 trillion.

People are turning to BNPL loans to pay for rent, food and other necessities

September 2, 2026 / 5:05 PM EDT / CBS News

Stocks making the biggest moves after hours: Snowflake, Broadcom, Netskope, Five Below & more

Here are some of the companies making headlines in extended trading.

USTR's Greer Huddles With House Republicans Amid Trump Trade Spats

Trump's plan to lower tariffs on 300,000 metric tons of imported beef caused an uproar among cattle ranchers.

Venezuelan oil flows will lower gas prices in 12-24 months, Wright says in Caracas

CARACAS, Venezuela — Energy Secretary Chris Wright said the Trump administration’s efforts to increase oil production in Venezuela would yield lower gas prices for Americans in one to two years, a timeline elongated in part due to the need to build more refiners capable of processing the heavy Venezuelan crude.

J&J's Run to Record Highs Hasn't Reached the Finish Line Yet. Here Are the Key Drivers

Jim Cramer agrees with UBS: The rally in Johnson & Johnson shares still has room to run.

3 CD Account Mistakes to Avoid This September

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Stocks stumbled out of the gate in September. Use these hedges to guard against volatility, Evercore ISI says

Evercore ISI names dozens of S&P 500 stocks with negative beta to help investors ride out renewed volatility in September.

Traders are piling into this international stock market that just pulled ahead of the Nasdaq

The rally might be tied to commodities, which are also surging, or an expression of optimism around the country's upcoming general election in October.