Economy

Libya to sign 25-year oil deal with TotalEnergies and ConocoPhillips

The deal involves more than $20 billion in foreign-financed investment, Libyan Prime Minister Abdulhamid al-Dbeibah said.

Musk’s $1 trillion pay package renews focus on soaring CEO compensation

Elon Musk's stock-fueled gains highlight the booming compensation and wealth gains of CEOs in recent decades.

‘Repatriate the gold’: German economists advise withdrawal from US vaults

Shift in relations and unpredictability of Donald Trump make it ‘risky to store so much gold in the US’, say experts

Everybody Loves Our Dollars by Oliver Bullough review

From handbags to drug gangs to central banks – one of Britain’s finest investigative reporters reveals the surprising links in a global chain of crime

‘You feel obligated’: African workers on the pain

For workers sending money to support their relatives, payments are both a burden and badge of pride

Cramer’s week ahead: Earnings from Meta, Microsoft and Apple. Plus, a Fed meeting

Cramer on Friday also named which stocks investors should consider buying after earnings.

Bank of America may introduce credit card with 10% APR

Updated on: January 23, 2026 / 4:50 PM EST / CBS News

Here's what it takes to achieve an 800 credit score, according to financial experts

January 23, 2026 / 4:46 PM EST / CBS News

Going nowhere fast: S&P 500 ends the week down a fraction, with a lot of volatility in between

A rift between the United States and Europe over Greenland spurred a massive swing this week, but the S&P 500 closed down less than half a percent.

The Firewall Against Chinese Cars Is Cracking

Two decades ago, a California company called Tesla Motors almost single-handedly created the electric vehicle as we now know it. Elon Musk’s company has dominated the industry across the globe ever since. But last year, for the first time in a long time, the world’s biggest seller of EVs wasn’t Tesla. It was the Chinese auto giant BYD.

AI, credit card rates, and housing

A look into key insights from the Club CEOs at this years World Economic Forum.

Major winter storm may affect over 170 million Americans

Many households can expect to pay more to cover groceries, heating, disrupted travel plans and insured losses due to the impending winter storm.