Economy

‘Meat tax’ could have significant impact on environmental footprint, study finds

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‘Meat tax’ could have significant impact on environmental footprint, study finds

Full VAT on meat products could cost EU households as little as €26 a year but cut impact by 3-6%, says paper

7 months ago

Novartis CEO: Confident we are shielded from any further U.S. tariffs

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Novartis CEO: Confident we are shielded from any further U.S. tariffs

Novartis CEO Vas Narasimhan told CNBC in Davos that he believes the Swiss drugmaker is protected from any additional U.S. tariffs on Europe, citing its U.S. manufacturing footprint, inventory levels, and an existing agreement with the Trump administration. He also warned that Europe risks reaching a crisis point unless it ramps up investment into its own innovation and R&D.

7 months ago

European stocks sell off after Trump's tariff threats revive trade war jitters

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European stocks sell off after Trump's tariff threats revive trade war jitters

European stocks finished Tuesday's trading session in negative territory as the specter of fresh trade tariffs lingered, hurting market sentiment.

7 months ago

Bond sell-off accelerates as Trump ramps up tariff threats

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Bond sell-off accelerates as Trump ramps up tariff threats

U.S. Treasurys and other countries' government bonds sold off on Tuesday, after U.S. President Donald Trump threatened new tariffs on various European allies.

7 months ago

What are Trump’s latest tariff threats and could EU hit back with ‘big bazooka’?

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What are Trump’s latest tariff threats and could EU hit back with ‘big bazooka’?

Europe could use powerful but untested law amid pressure over Greenland – but it could also lose out from a trade war

7 months ago

Markets stay calm amid Trump’s gambit, but long-term risks are huge

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Markets stay calm amid Trump’s gambit, but long-term risks are huge

Traders have learned to live with the US president’s rhetoric, but the EU’s measures could go beyond tariffs and into capital markets

7 months ago

Will mortgage rates drop below 5% in 2026? Here's what experts say.

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Will mortgage rates drop below 5% in 2026? Here's what experts say.

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7 months ago

Are you a homeowner? Here are some of the tax deductions you might qualify for this tax season.

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Are you a homeowner? Here are some of the tax deductions you might qualify for this tax season.

January 19, 2026 / 12:33 PM EST / CBS News

7 months ago

European industry hits out at Trump’s ‘ludicrous’ demands over Greenland

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European industry hits out at Trump’s ‘ludicrous’ demands over Greenland

EU should issue ‘smart’ response to US president’s threat of tariffs against several countries, say business leaders

7 months ago

Is it too late to invest in silver? Precious metals experts weigh in

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Is it too late to invest in silver? Precious metals experts weigh in

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7 months ago

What to know about this week's annual World Economic Forum meeting in Davos

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What to know about this week's annual World Economic Forum meeting in Davos

January 19, 2026 / 10:53 AM EST / CBS/AP

7 months ago

World’s oldest monastic brewery to be sold as German beer sales slide

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World’s oldest monastic brewery to be sold as German beer sales slide

Brewing tradition of nearly 1,000 years at Weltenburg Abbey in Bavaria to be bought up by Munich company Schneider Weisse

7 months ago