Economy

Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection

Saks Global, which also owns Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection after running out of cash.

‘Resource nationalism’ could propel gold to $5,000 and silver to $100 this year, investors say

Silver broke above $90 for the first time on Tuesday.

European stocks close higher as focus shifts to Greenland talks; BP warns of $5 billion impairment charge

European stocks ended higher on Wednesday as investors in the region focused on a meeting between U.S. and Danish officials to discuss Greenland.

General Motors CEO Mary Barra on adjusting to "few-billion-dollar impact" of tariffs on business

January 13, 2026 / 7:28 PM EST / CBS News

Japanese stocks hit another record high as expectations of snap poll rise

This comes as Japan's ruling LDP under Prime Minister Sanae Takaichi is expected to call an election in February.

Looking to kickstart your career? These are the best jobs for 2026, Indeed says

Updated on: January 13, 2026 / 5:43 PM EST / CBS News

Munis have a strong start to 2026. Where Wall Street sees opportunity

This is the ideal moment for investors to add municipal bonds, says strategist Tom Kozlik.

Will the price of silver hit $100 per ounce this January? 3 things to consider now

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How these 2 portfolio names staved off Tuesday’s software stock rout

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

JP Morgan boss says Trump attacks on Federal Reserve could push up inflation

Jamie Dimon says pressure on chair Jerome Powell could ultimately increase interest rates

Can you back out of a debt settlement?

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Dealing with post-Brexit paperwork ‘pure hell’, shipping head tells MPs

Toby Ovens of Broughton Transport called Brexit a nightmare, and said he hoped a reset with the EU would mean ‘light at the end of the tunnel’