Economy

From Nvidia earnings to trade war tape bombs, a simple strategy could be this week's best bet

Mike Khouw gives a low-risk options strategy to play the next few weeks.

Bessent announces campaign to create "economic onslaught" against Iran and its partners

Updated on: August 24, 2026 / 3:18 PM EDT / CBS News

Prediction market traders doubtful Bessent’s bond interventions will push yields lower

Speculators still see yields hitting new highs in 2026 and ending the year at levels elevated from where they're currently trading.

Here's how much interest a $40,000 5-year CD account can earn savers now

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Trump announces 50% Canadian automotive tariffs

President Donald Trump escalated the trade war with Canada after talks collapsed last week, announcing Monday that the United States would impose 50% tariffs on cars, trucks, automotive components, and steel starting Jan. 1, 2027.

Everything to know about US-Canada trade disagreement

Tensions escalated last week between the United States and its northern neighbor, Canada, after trade talks collapsed and both countries threatened new tariffs.

Trump announces 50% tariffs on Canadian auto and steel imports starting in 2027

Updated on: August 24, 2026 / 8:17 PM EDT / CBS News

I dug through hundreds of Labor Day sales to find real deals on high-quality products that last

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Raising rates won't fix the energy shock

History should be the Federal Reserve’s best teacher in September. It has already shown what happens when central banks answer an energy shock with higher interest rates: employment weakens, investment retreats, and policymakers eventually reverse course after families and businesses have absorbed unnecessary damage. The Fed can learn that lesson now, or make working Americans pay for the same shock twice.

Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates

President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027.

The Restoration of Albert II

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Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.