Economy

Gold-colored $1 Trump coins are now available, but it will cost you more than $1 to buy one

Updated on: September 2, 2026 / 4:31 PM EDT / CBS News

Trump is winning his war for oil while the whole world roots against him

President Donald Trump’s supposed weekslong war on Iran has now trudged into months, but while it’s hard to say whether he’s winning his war over the country’s suicidal dictatorship, it’s becoming increasingly clear that, against all odds and a concerted, anti-American psy-op, the White House is winning its war for oil independence.

How much interest can a $200,000 high-yield savings account earn over the next year?

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Chevron to expand oil footprint in Venezuela with $7 billion investment

CARACAS, Venezuela — Chevron said on Wednesday its presence in Venezuela will be expanded after President Donald Trump announced a deal to develop the South American country’s oil reserves.

Energy Secretary Chris Wright tells CNBC more than 17 million barrels of oil transited Hormuz on Monday

The Energy Secretary spoke to CNBC's Brian Sullivan in Venezuela Wednesday, after President Donald Trump announced a massive oil deal with Caracas.

Chevron plans to double oil production in Venezuela with $7 billion investment

Updated on: September 2, 2026 / 8:16 AM EDT / CBS News

Berkshire CEO Greg Abel says Japanese bond yields not a challenge for trading houses right now

In an appearance on CNBC's "Squawk Box," Greg Abel said that yields in the country are still relatively low.

The U.S. Boat Strikes, One Year Later

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Global bond rout gathers pace as inflation fears mount

Borrowing costs continue to extend multi-decade highs as nerves over inflation, higher rates and high debt remain at the fore.

Profits, Prophets, Coaches and Kings by Jared Diamond review

The author of Guns, Germs and Steel falters in this flawed study of whether individuals really make a difference

Oil major BP completes search for chair after boardroom upheaval

BP on Wednesday formally appointed Ian Tyler as chair after a surprise dismissal of former chairman Albert Manifold sparked boardroom turmoil.

Whisky galore

Distilleries are the backbone of Islay’s economy and tourist trade. Thanks to their success, other businesses – from breweries and farms to restaurants and chocolatiers – are now thriving and adding to the island’s appeal