Economy

Inside India newsletter: Gold loans are thriving in India

liberal

Inside India newsletter: Gold loans are thriving in India

Gold-backed lending, a billion-dollar industry, is reshaping India’s retail credit landscape and drawing global investors to the sector.

5 months ago

economy

Why Western playbooks fail in China

liberal

Why Western playbooks fail in China

China’s $7 trillion consumer market was once a reliable growth engine for Western brands, but as competition intensifies and trends move at digital speed, success if no longer a given. Still, they haven’t given up. Global companies are now turning to private equity partners to navigate a market that is less forgiving than before, but will that be enough to stay competitive?

5 months ago

economy

Gas prices rise as oil hits $111 a barrel

liberal

Gas prices rise as oil hits $111 a barrel

Updated on: March 18, 2026 / 5:52 PM EDT / CBS/AP

5 months ago

economy

Iran missile attack on Qatar causes 'extensive damage' to facility housing huge gas plant

liberal

Iran missile attack on Qatar causes 'extensive damage' to facility housing huge gas plant

Iran's Revolutionary Guard had threatened to attack energy facilities in Qatar, Saudi Arabia and the United Arab Emirates.

5 months ago

economy

Here are the five key takeaways from this week's Fed meeting

liberal

Here are the five key takeaways from this week's Fed meeting

While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next.

5 months ago

economy

Georgia seeks to suspend state gas tax amid price uncertainty from Iran war

conservative

Georgia seeks to suspend state gas tax amid price uncertainty from Iran war

The Georgia House of Representatives voted overwhelmingly on Wednesday to put a 60-day halt on the state’s gas tax as the war with Iran hits prices at the pump.

5 months ago

economy

'Historic' bidding at first Trump oil and gas lease sale in North Slope

conservative

'Historic' bidding at first Trump oil and gas lease sale in North Slope

Oil and gas companies are answering President Donald Trump’s call to “drill, baby drill” in Alaska, as the administration’s first auction for oil and gas leases in the North Slope drew hundreds of bids in what officials have called one of the “top sales” ever for the region.

5 months ago

economy

Federal Reserve holds interest rates steady, citing elevated economic uncertainty

liberal

Federal Reserve holds interest rates steady, citing elevated economic uncertainty

Updated on: March 18, 2026 / 4:53 PM EDT / CBS News

5 months ago

economy

Analysis: The Fed's Powell just delivered a new blow to Warsh's plans for swift rate cuts

liberal

Analysis: The Fed's Powell just delivered a new blow to Warsh's plans for swift rate cuts

Oil prices were always going to be a problem for the next Fed nominee. On Wednesday, Jerome Powell outlined another worry.

5 months ago

economy

Odds of a Fed rate hike by June are now higher than the chances for a rate cut

liberal

Odds of a Fed rate hike by June are now higher than the chances for a rate cut

Something unusual is happening.

5 months ago

economy

Inflation dominates Powell's remarks, pressures stocks. Plus, big earnings tonight

liberal

Inflation dominates Powell's remarks, pressures stocks. Plus, big earnings tonight

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

5 months ago

economy

These income-generating plays can yield up to 6% as the Fed holds rate steady

liberal

These income-generating plays can yield up to 6% as the Fed holds rate steady

Short-term bond funds, bank loans and cash assets still offer solid yields.

5 months ago

economy