Economy

Kentucky mother, daughter turn down $26 million offer for their land: "It's priceless"

A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.

Barbarians at the Redemption Gate

In the ensuing search for higher yield, average Americans are pushed to take more risk in order to earn returns that have a chance of outpacing relentless price inflation.

US Markets See Biggest Slump Since Start of US-Israel War on Iran

Dow closed 450 points down and S&P dipped 1.7% while Nasdaq fell 2.3% into correction territory

Welcome to a Multidimensional Economic Disaster

The global economy has become dependent on the AI industry. Trillions of dollars are being invested into the technology and the infrastructure it relies on; in the final months of 2025, functionally all economic growth in the United States came from AI investments. This would be risky even in ideal conditions. And we are very far from ideal conditions.

Netflix raises prices across all streaming plans

The price hike comes as Netflix has been investing heavily in its content, including new ventures into the live events space and launching video podcasts.

Market guide: Where the S&P 500 may be headed, depending on how the Iran war goes

The stock market has struggled this month as investors worried that persistently high oil prices will drive up costs and dampen consumer spending.

Rachel Reeves urged to raise taxes on companies profiting from war on Iran

Charities say taxes should rise for banks, defence and energy companies which stand to make windfall profits

These inflation-protected plays can help investors manage the impact of higher prices

Rising inflation can corrode near-retirees' purchasing power, but there are a few ways to address the problem in your portfolio.

The Reason Trump May Pull Back From the Brink

The president is discovering the high stakes of an escalation that damages energy facilities.

The Illusion of Transparency in 21st Century Equities

Buffet had been merely arbitraging information accessible to him in the past, yet now his advantage diminished so greatly that some have claimed he even underperformed the S&P since 2000.

Why memory chip stocks are getting hit hard for the second day in a row

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

March Madness collides with prediction market chaos

Prediction market platforms are speaking out of both sides of their mouths. To users, the platforms this month are aggressively marketing bets on March Madness games. To regulators, they say, “What sports betting? Nothing to see here.”