Economy

Inside India newsletter: Small towns are powering e-commerce's fastest-growing market, dominated by Amazon, Walmart unit

liberal

Inside India newsletter: Small towns are powering e-commerce's fastest-growing market, dominated by Amazon, Walmart unit

Small towns are fueling India’s e-commerce surge, with Amazon and Flipkart chasing new shoppers, faster delivery and rising aspirational demand.

7 months ago

Live Nation and Ticketmaster illegally monopolized big concert venues, jury finds

liberal

Live Nation and Ticketmaster illegally monopolized big concert venues, jury finds

A jury on Wednesday found that Live Nation and Ticketmaster operated as an illegal monopoly over big concert venues. CBS News legal contributor Jessica Levinson breaks down the case.

7 months ago

Treasury Sec. Scott Bessent Tells Taxpayers: ‘Change Your Withholding, You’ll Get An Automatic Wage Increase’

conservative

Treasury Sec. Scott Bessent Tells Taxpayers: ‘Change Your Withholding, You’ll Get An Automatic Wage Increase’

'...if you change your withholding then you will get an automatic real wage increase on a weekly or monthly basis and you will be able to keep more of your money...'

7 months ago

S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears

liberal

S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears

Updated on: April 15, 2026 / 6:09 PM EDT / CBS News

7 months ago

Inside India’s family-office boom

liberal

Inside India’s family-office boom

A wave of newly institutionalized family wealth and a $1.5 trillion inter‑generational transfer are steering more capital into private markets—especially startups. With foreign venture capital becoming more selective, India’s heirs, first‑generation founders and ESOP winners are filling early‑stage funding gaps through family offices and direct bets.

7 months ago

Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them

liberal

Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them

Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.

7 months ago

Tax Day is here. How to pocket more of your portfolio's return, according to Bank of America

liberal

Tax Day is here. How to pocket more of your portfolio's return, according to Bank of America

Investors can generate some tax alpha if they look for ways to make their portfolios more efficient.

7 months ago

Wall Street scales fresh record high as investors bet on end of Iran war

liberal

Wall Street scales fresh record high as investors bet on end of Iran war

The S&P breached 7,000 points for the first time in history, in a rally that erased stark losses incurred at start of war

7 months ago

Cattle prices soar to record highs as grilling season heats up

liberal

Cattle prices soar to record highs as grilling season heats up

Cattle futures contracts have jumped more than 25% over the past 12 months as ranchers face rising costs and cut the size of herds.

7 months ago

Nvidia's Long-Awaited Stock Breakout Is Proof That Patience Pays Off

liberal

Nvidia's Long-Awaited Stock Breakout Is Proof That Patience Pays Off

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

7 months ago

Iran War Damaged as Much as $58 Billion of Energy Infrastructure, Rystad Estimates

liberal

Iran War Damaged as Much as $58 Billion of Energy Infrastructure, Rystad Estimates

It could take years to repair damaged energy infrastructure in the Middle East and restore production to prewar levels.

7 months ago

World Bank President: Prepare for Months of Disruption, Even After Hormuz Strait Reopens

liberal

World Bank President: Prepare for Months of Disruption, Even After Hormuz Strait Reopens

It will take "a few months for things to come back" once the Strait of Hormuz is no longer effectively closed, Banga said.

7 months ago