Economy

Comcast says it plans to split into 2 companies, spinning off NBCUniversal and Sky

Updated on: June 29, 2026 / 10:32 AM EDT / CBS News

The first half of 2026 has been strong. Why investors should expect more upside

Don't expect the stock market's momentum in the first six months of 2026 to wane in the back half of the year, according to CFRA.

Europe’s Earnings Are Poised for Double-Digit Growth. One Sector Will Do the Heavy Lifting, Says Deutsche

Second-quarter European earnings are set for double-digit growth on the same period last year, but gains will be led by one sector in particular.

SpaceX's $25 billion bond sale drives huge demand

SpaceX’s $25 billion debt sale drew heavy demand, but analysts warn of capital spending, refinancing and investor concentration risks.

Gas prices drop to $3.86 per gallon, the lowest national average price since March

The national average price for a gallon of regular gas continued to drop on Monday, even after the tit-for-tat military strikes between Iran and the United States occurred in recent days. Gas prices dropped nearly 7 cents from a week ago to $3.86 per gallon on Monday, according to AAA. It is the lowest price for a gallon of regular gas since March 19, when it was $3.88 per gallon.

Comcast announces it will spin off NBCUniversal and Sky from cable business

Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.

China's economy picks up in June on rebounding U.S. exports, analysts say

China's economy is showing signs of picking up after a sluggish few months — thanks in part to a rebound in shipments to the U.S.

Childcare doesn’t need more subsidies. It needs less red tape

Last week, a New Mexico judge upheld the state’s universal childcare program, a victory for those who see greater public spending as the key to making childcare affordable. But there is a better way to lower costs: Reducing the regulations that make childcare so expensive in the first place.

'This bargain is eroding': Inside the youngest generations' view of the American Dream

Gen Z is at a tipping point, some economists say: the first U.S. generation in living memory where the majority may be unable to achieve the American Dream.

Here's how the private sector can save U.S. Treasurys, UOB says

The U.S. fiscal situation appears to be a "slow burning overhang in the background" for the economy, according to a report by Singapore's UOB.

'Buy the haystack': how tracker funds beat searching for shares

Designed to mirror the stock market, they are an easy and cheap way to save. Here’s how to start investing in them

Goldman Sachs says stick with Asia's winners, keep diversifying into commodities

Asian stocks still have room to run even after a blistering first-half rally, while investors should continue diversifying into commodities, said Goldman Sachs.