Economy

How a smaller IRS, budget cuts may impact 2026 tax filing: 'Buckle your seatbelts,' one expert says

IRS staffing and budget cuts could impact the 2026 tax filing season. Here's what taxpayers need to know.

Trump sues JPMorgan, Intel's soft guidance, TikTok's joint venture and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

Shares of CSG, one of the world’s fastest-growing defense firms, jump 31% on debut

Shares of Czech-based defense firm Czechoslovak Group (CSG) soared over 31% on its stock market debut on Friday.

Wall Street braced for a private credit meltdown. The risk of one is rising

Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting to raise alarms about the risks.

Inflation didn’t eat your steak. A cartel did.

Once upon a time, you paid fifty bucks for a steak only if your waiter wore a tux. Now you pay it under fluorescent lights at the supermarket.

European markets close lower; Ericsson pops 10% after fourth-quarter profit beat

European stocks closed lower Friday after U.S. President Donald Trump said a "framework" agreement had been reached over Greenland.

Bank of Japan raises economic growth forecasts ahead of snap election, holds rates at 0.75%

The BOJ also upgraded its GDP forecast for the 2025 fiscal year to 0.9%, and also raised its GDP projection for the 2026 fiscal year to 1% from 0.7%.

Airlines issue travel waivers ahead of massive winter storm that would affect 200 million people

Updated on: January 22, 2026 / 9:21 PM EST / CBS News

The (Un) Making of the American Gentleman

The New World’s hotels were a laboratory for how a young country ought to behave.

Most U.S. families don't earn nearly enough to afford child care, study finds

January 22, 2026 / 4:52 PM EST / CBS News

EXCLUSIVE: Roger Stone Responds To Claims That Trump’s Approval Rating Is Plunging

PLUS, he reveals that Americans' #2 financial issue is housing affordability as Trump moves to save the market for real homebuyers- not Wallstreet giants & investment firms!

These 4 turnarounds are making headway

Jim Cramer and Jeff Marks, the Club's director of portfolio analysis, on Thursday went over all 34 Club holdings during the January Monthly Meeting.