Economy

What will happen to gold prices if inflation stays elevated through 2026? Here's what experts say.

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U.S. becomes India’s top gas supplier, as Iran war cuts it off from the Gulf

India's gas purchases from the U.S. have grown steadily, driven by Washington’s push to sell more American energy to the South Asian country.

Hugo Boss pops 8% after top shareholder Frasers launches $2 billion takeover offer

British retail group Frasers owns a roughly 26% stake in Hugo Boss.

Mercedes-Benz joins Europe’s defense push with anti-drone vehicle deal

Mercedes becomes the latest European carmaker to turn to the defense industry in the hope that partnerships can revive the auto industry's ailing fortunes.

CNBC Daily Open: Trump expresses 'love' for inflation print and anger at Iran

U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices.

Survey finds 51% of Americans feel financially conflicted

A new poll from Edward Jones and Gallup of more than 5,000 adults found only 16% felt financially "fulfilled." More than half said they feel financially "conflicted," experiencing both stability and uncertainty. 32% were financially stressed. Washington Post columnist Michelle Singletary joins "The Daily Report" to discuss her article about the poll.

Oil jumps as U.S. strikes in Iran raise worries of extended disruption to energy flows

Oil prices jumped on Thursday after the United States launched a fresh round of military strikes against targets in Iran.

In a tough economy, many U.S. teachers are forced to work second jobs

Plainfield, New Jersey — From the time she was a child, Christine Regal of Plainfield, New Jersey, knew she wanted to be a teacher.

Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend

Lower costs, tax incentives and access to a larger market have seen a raft of companies shift operations to Malaysia from Singapore.

Teachers turning to side hustles to pay the bills: "I'm going to just keep hustling"

Over a third of U.S. workers now hold multiple jobs just to keep up, according to a recent survey by ZipRecruiter. Meg Oliver shows how many school teachers are working side hustles in this "Affordability in America."

Thursday's big stock stories: What’s likely to move the market in the next trading session

The Dow Industrials lost more than 900 points on Wednesday as chip stocks added to their losses and President Trump threatened additional strikes on Iran.

Inflation topped 4% in May as CPI surged to its highest level in more than 3 years

Updated on: June 10, 2026 / 7:17 PM EDT / CBS News