Economy

LVMH beats earnings expectations as China recovery mounts

liberal

LVMH beats earnings expectations as China recovery mounts

LVMH beat earnings expectations for a second straight quarter amid a China recovery that is starting to show up in luxury companies' balance sheets.

7 months ago

Federal Reserve meets Wednesday for its first interest rate decision of 2026. Here's what to expect.

liberal

Federal Reserve meets Wednesday for its first interest rate decision of 2026. Here's what to expect.

Updated on: January 27, 2026 / 11:57 AM EST / CBS News

7 months ago

Cramer reveals plan for Starbucks stock if it dives after reporting earnings

liberal

Cramer reveals plan for Starbucks stock if it dives after reporting earnings

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

7 months ago

US allies aim for major trade agreements with next-best economies

conservative

US allies aim for major trade agreements with next-best economies

Irked by President Donald Trump’s constant tariff threats over the past year, several U.S. allies are moving to secure major trade agreements with the world’s next-best economies.

7 months ago

GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs

liberal

GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs

The 2026 tariff costs would be in line with the automaker's $3.1 billion in tariff costs last year, despite the levies not being in effect for all of 2025.

7 months ago

UPS says it would cut up to 30,000 jobs this year as it aims to boost turnaround

liberal

UPS says it would cut up to 30,000 jobs this year as it aims to boost turnaround

United Parcel Service adds to 2025 job reductions as delivery giant slashes low-profit Amazon deliveries

7 months ago

Amazon closing its Amazon Fresh grocery and cashierless Go stores

liberal

Amazon closing its Amazon Fresh grocery and cashierless Go stores

January 27, 2026 / 11:01 AM EST / CBS News

7 months ago

Tesla lost $15 billion in brand value in 2025 as Musk stepped deeper into politics, research shows

liberal

Tesla lost $15 billion in brand value in 2025 as Musk stepped deeper into politics, research shows

Tesla's brand value declined while BYD's surged last year, according to research by Brand Finance

7 months ago

UPS to slash workforce by up to 30,000 jobs this year

liberal

UPS to slash workforce by up to 30,000 jobs this year

Updated on: January 27, 2026 / 10:34 AM EST / CBS News

7 months ago

What are today's mortgage interest rates: January 27, 2026?

liberal

What are today's mortgage interest rates: January 27, 2026?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

7 months ago

Trump threatened a 200% tariff on French wine—how to find a good value, from a master sommelier

liberal

Trump threatened a 200% tariff on French wine—how to find a good value, from a master sommelier

European wines have already gotten pricier thanks to a mix of tariffs and a weakening dollar, experts say, making finding values trickier than ever.

7 months ago

This is what’s in the India-EU trade deal

liberal

This is what’s in the India-EU trade deal

India and EU have concluded a two decade long trade negotiations

7 months ago