Economy

Treasury 2-year yield post-Fed spike 'exaggerated' or is there room for more? Strategists weigh in

Markets pushed up short-term Treasury yields after Kevin Warsh's first Fed meeting, though strategists disagreed on whether the move signals a lasting shift toward tighter policy.

India's largest stock exchange files for IPO as mega-listings gather pace

India's largest stock exchange sets the ball rolling for mega IPOs this year as it files papers to go public.

Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

Oil declines as Mideast peace prospects rise following U.S.-Iran deal.

CNBC Daily Open: Warsh's Fed debut and Iran-U.S. deal in focus

Kevin Warsh chaired his first Fed meeting, sending stocks lower while Trump reportedly signed the deal with Iran.

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

Stocks fell on Wednesday after the Federal Reserve's so-called "dot plot" suggested that an interest rate hike could be in the cards for 2026.

Cramer's lightning round: Buy Vistra

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

Stock futures rise as Fed hints at possible rate hike in 2026; Kospi hits over 9,000 for the first time: Live updates

After hitting a fresh intraday all-time high, the Dow Jones Industrial Average ultimately closed more than 500 points lower on Wednesday.

Federal Reserve holds interest rates steady but leaves door open to hike

Updated on: June 17, 2026 / 5:38 PM EDT / CBS News

State audit uncovers nearly $50 million in North Carolina unemployment fraud

North Carolina released a pair of audits on Wednesday, finding nearly $50 million in unemployment benefits fraud in the state in recent years.

The market didn't like what it heard from the Fed and its new leader Kevin Warsh

The S&P 500 closed down 1.2%, as bond yields rose.

Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed

The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.

Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman

The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.