Economy

Mixue shares extend slide after profit drop as ice cream-and-tea chain sees costs rise

Mixue shares extended losses after the Chinese ice cream and tea giant reported lower first-half profit despite higher revenue.

Oil on track for weekly loss even as Iran tensions simmer

Oil fell on Friday after a two-week winning streak, despite settling higher in the previous session following a report that U.S. President Trump is not interested in returning to previous deal terms with Iran.

China’s super-rich fled Singapore. Now they want to come back

Wealthy Chinese are reconsidering Singapore as Beijing’s offshore wealth scrutiny and geopolitical risks make alternatives less attractive.

Friday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session

A post-earnings rally in Nvidia helped lift the tech sector, the S&P 500 and the Nasdaq Composite to their best sessions since Aug. 4 on Thursday.

This beaten-down retailer just surged 35%. Jim Cramer says to pounce on the next pullback

CNBC's Jim Cramer said Thursday Abercrombie & Fitch still looks attractive, though he'd wait for the shares to cool off before buying.

S&P 500 futures are little changed as investors count down to Warsh's Jackson Hole address: Live updates

With Thursday's advance, the three major indexes are on track to end the week higher.

Toronto mayor calls tariff fight "unnecessary," says "we feel like we're being bullied"

August 27, 2026 / 5:51 PM EDT / CBS News

Stocks making the biggest moves after hours: Gap, Workday, Autodesk and more

These are the stocks posting the largest moves in after-hours trading.

UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports

World Liberty’s proposed trust bank has preliminary federal approval as the Trump-backed crypto venture deepens its ties to a senior UAE official.

Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand

Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.

There's one metric that shows investors are being pickier about the stocks they buy

'Doing the actual extra homework on individual stocks actually can make a difference,' one investor said.

Here's how much interest a $100,000 9-month CD can earn savers who open an account now.

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