Economy

Cramer says Apple and Eli Lilly still have room to run after post-earnings rallies

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Spirit Airlines prepares to cease operations amid financial struggles and high oil prices

Company had struggled to increase post-pandemic demand before war in Iran pushed up jet fuel costs

How much will a $250,000 annuity pay monthly at age 60?

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Apple proves once again it is the ultimate cash machine. How to trade the stock from here

While the rest of the 'Mag 7' is caught up in the artificial intelligence arms race, Apple remains the ultimate shareholder 'cash machine.'

UK exports to U.S. plunge by 25% after Trump's 'liberation day' tariffs blitz

The U.K. is now running a trade deficit with its largest trading partner.

I tried to live for 24 hours without using oil-based products. It was ridiculously impossible

The world’s economy is completely dependent on petrochemicals. Is there any way to avoid them?

More Americans Are Quitting Their U.S. Jobs to Work Abroad, Study Finds

Updated on: May 1, 2026 / 10:51 AM EDT / CBS News

K-shaped economy is 'alive and well,' expert says

The so-called K-shaped economy is becoming more clearly defined, new reports show.

Trump officials in Venezuela boost US drilling and mining

The Trump administration has facilitated the entry of three oil companies from the United States to Venezuela for the first time, as the White House aims to expand U.S. drilling and mining operations in the South American country.

What does your paycheck look like before and after wage garnishment?

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Trump Approves 'Keystone Light' Oil Pipeline from Canada to US

President Donald Trump on Thursday approved a major oil pipeline project from Canada into the United States, reviving an initiative from his first term that the Biden administration canceled.

Apple's latest earnings beat expectations following Tim Cook news

Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.