Economy

Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why

The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as one of the world's standout performers thus far.

Hong Kong's IPO boom is developing a performance problem

As Hong Kong vies with Wall Street to be the top IPO market, a growing number of pre-debut runups turn sour after their listing.

Oil prices spike over 3% as Iran and Israel trade strikes, escalating regional tensions

Oil rises on Monday amid heightened tensions in the Middle East, raising concerns that the conflict may drag on.

With South Korea and China building ships faster and cheaper than U.S., Trump makes shipbuilding a priority

Updated on: June 7, 2026 / 7:00 PM EDT / CBS News

US stock futures mixed as Mideast tensions rise; South Korea's Kospi plunges 7%: Live updates

Investors will also be focused on inflation data and the public debut of SpaceX on Friday.

At 82, Marilyn Burns Still Powers Lakeside's Small Business Spirit

Marilyn Burns — the proud owner of Marilyn’s in Lakeside, Ohio, a gift shop that has everything from souvenirs to candies, clothing, toys, and more — won Fox Business’s “Made in America” small business contest, and with it, a $25,000 prize.

Here are the 6 big things we're watching in the stock market this week

Earnings season for Club names has come to an end, but that doesn't mean the excitement has.

Inflation inside the electronics you buy may soon become a bit more sticky

Most consumers are not familiar with the role resin plays inside electronics like smartphones. A current shortage of the materials may push up prices.

Young applicants discuss the challenges of today's job search

For generations, young Americans have heard the same message: Go to college, get a job. But lately, young people are finding the job market to be terrible. Meghan Obetz of Philadelphia said, "It feels like once you graduate, you know, you're expecting things to just fall into place, and sometimes that's just really not the case."

Banco BPM invites MPS to $58 billion merger talks to form Italy's second-biggest bank

The announcement could kick-off a second wave of dealmaking in Italian banking after a burst of M&A activity last year.

Top Wall Street analysts recommend these 3 dividend stocks for solid returns

Investors seeking steady income can bolster their portfolios by adding dividend stocks with attractive yields.

'Dean of Valuation' Aswath Damodaran is not buying SpaceX: 'Too richly priced'

The NYU professor said he understands why some people are getting ready to pay up for SpaceX, but he is "more investor than trader."