Economy

Jim Cramer gives Elon Musk's SpaceX a ringing endorsement after Friday's historic debut

I view SpaceX as a company with some of the greatest optionality of any newly public entity.

U.S. Crude Drops Over 5% as Washington-Tehran Peace Deal is Set to Open Hormuz Strait

"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.

Transcript: Gary Cohn on "Face the Nation with Margaret Brennan," June 14, 2026

Updated on: June 14, 2026 / 3:33 PM EDT / CBS News

32-year-old quit teaching and built a fidget-toy business with her dad. It brought in $428,000 last year

Charlie Moreton and Victoria Baumann are the father-daughter duo behind Victoria Essie Studio, which has seen viral success selling 3D-printed fidget toys.

I quit teaching to build a fidget business with my dad—it brings in $428,000/year

Victoria Baumann, 32, and Charlie Moreton, 51, are the father-daughter duo behind Victoria Essie Studio that produces fidget toys and other knickknacks out of their homes in North Carolina. The business averages about 1,500 orders a month, Moreton says. Standard-sized or hand-held fidgets cost between $5 to $30, while life-sized fidgets run $100 to $125.

Can Trump Accounts help close the wealth gap? Here's what experts say stands in the way

Trump Accounts come with free money for some children, but it may not be enough to reduce the wealth gap, some experts say.

Welcome to California: land of plunder and hypocrisy

From gold to water, California’s wealth was built on extraction. The AI boom is reviving an old question: who pays the price?

The World Cup could add $17 billion to the U.S. economy. Here are the stocks set to benefit

The 2026 World Cup could add $17 billion to the U.S. economy, largely driven by digital advertising, travel and consumer spending.

Here are the 3 big things we're watching in the stock market in the week ahead

The Kevin Warsh era is upon us.

This Chinese consumer stock could double if its global industrial pivot succeeds, JPMorgan says

A Chinese home appliance company has the chance to become a global player, JPMorgan analysts said in a report that gave several stocks an overweight rating.

JetBlue bets big on Fort Lauderdale, from a new airport lounge to an international gateway

JetBlue faces heavy competition from Miami International Airport, an American Airlines stronghold.

Howard Lutnick on the anniversary of the deal that saved U.S. Steel

Lutnick walked over the crowd of steelworkers in their hard hats and bright orange fireproof protective gear, a dozen wide and a dozen deep, and shook hands with each one.