Economy

Fed's Goolsbee says inflation could come 'roaring back' if central bank independence goes away

"Anything that's infringing or attacking the independence of the central bank is a mess," Goolsbee told CNBC.

Billionaire Rams owner Stan Kroenke becomes America's biggest private landowner

Kroenke represents a growing wave of ultra-wealthy entrepreneurs investing in long-held ranches and farmland.

These Greenland mining stocks have risen in 2026

Heightened geopolitical interest in the Arctic island has seen a flurry of investor interest in companies with mining projects on the territory

Hunt, scroll, strike gold: the best clothes and accessories to buy secondhand

From vintage suede to discount designer heels, these wardrobe staples are often better preloved

Trump's embraces failed left-wing, credit card interest caps

President Donald Trump is veering sharply left on several key economic policies. Alarmed by voter frustration over affordability, he appears to be panicking. In doing so, he is making a fundamental mistake: embracing price controls. History shows that price fixing does not reduce costs. It makes economic problems worse.

UK economy surprises with stronger-than-expected 0.3% growth in November

Economists expect the U.K. economy to improve in 2026, particularly as the Bank of England is likely to continue on its interest rate-cutting path.

European stocks close higher as region's chip stocks surge

European stocks closed higher Thursday as traders digest the latest geopolitical news around Greenland and Iran.

Oil falls more than 4% as traders see Trump backing away from Iran strike threats

Concerns about a U.S. strike on Iran had been mounting after Trump vowed to take action against the regime’s crackdown on widespread protests in the country.

Bilt offers credit cards with temporary 10% APR after Trump proposes interest-rate cap

January 14, 2026 / 5:59 PM EST / CBS News

U.S. completes first sale of Venezuelan oil, valued at $500 million, official says

January 14, 2026 / 5:13 PM EST / CBS News

Oil falls more than 1% after Trump signals he could hold off on attacking Iran

Trump told reporters in the Oval Office that "we've been told that the killing in Iran is stopping. It's stopped. It's stopping, and there's no plan for executions."

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy

Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled automaker following years of sales declines in the U.S.