Economy

These 18 million households now rank as the richest in the U.S., new Fed data shows

October 9, 2026 / 5:13 PM EDT / CBS News

French yields are near levels not seen since 2002. Why that could give U.S. Treasurys a boost

French and other European bond yields are surging, which may prompt a flight to the U.S. Treasury market, investors and strategists told CNBC.

Junk bonds are 'flashing yellow.' Watch these warning signs

Spreads have widened in the high-yield bond market, but that doesn't tell the whole story.

Trump announces Russia will release millions of tons of diesel to help with skyrocketing costs

Updated on: October 9, 2026 / 6:19 PM EDT / CBS News

Memory stocks have hit a malaise. Jay Woods believes it's a buying opportunity

Today we focus on of the most exciting and profitable sectors of 2026: DRAM.

Thieves steal 30,000 bottles of Italy's most prized wines in $5.8 million heist

Thieves stole about 30,000 bottles of some of Italy's most prized wines worth an estimated $5.8 million from a winery in Tuscany, in what the producer described Friday as the country's largest wine theft on record.

What's behind the recovery rally in tech stocks

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Trump strikes deal with Putin to supply Russian diesel to U.S. and global markets

President Donald Trump has few options to reduce diesel prices given the destruction done to refineries by the wars in Eastern Europe and the Middle East.

Two massive trades just happened in Micron and Nvidia. What they could mean for chips

Bears continued to build up positions against the semiconductor group on Friday.

Earnings season kicks into high gear as big banks report next week. Here's what's ahead

More important than the results may be what the companies themselves have to say about their outlooks.

Tanker attacks in Strait of Hormuz surge to wartime high as Iran tries to choke off oil exports

The escalating attacks are testing whether a rebound in crude oil exports from the Middle East can be sustained under high-risk conditions.

The used car market is stagnant. Here's how to profit anyway

Michael Khouw breaks down this short strangle options trade.