Economy

High-End Construction Really Does Help Everyone

A new rung at the top of the housing ladder permits people lower down to climb up.

Australia approves Trump Organization’s plan for country’s tallest skyscraper

The Trump Organization, President Donald Trump‘s resort conglomerate, has signed a deal to develop its first branded skyscraper in Australia, a $1.06 billion luxury hotel and residential tower that is shaping up to be the country’s tallest building.

What are today's mortgage interest rates: February 23, 2026?

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U.S. trade representative says White House expects to "stand by" trade deals after Supreme Court ruling

February 22, 2026 / 12:40 PM EST / CBS News

Social Security trust fund could run dry earlier than expected, analysis finds

February 23, 2026 / 9:16 AM EST / CBS News

Trump’s trade war risks undermining his hopes of hefty US interest rate cuts

Upping tariffs may have lifted the president’s mood but it is a headache for the Federal Reserve and its next chair