Economy

Nearly half the stocks in the S&P 500 are at cross purposes with the rest of the market

Almost half of the stocks in the S&P 500 have a negative beta, evidence of a chasm between the entire index and its individual components.

WATCH LIVE: Trump announces $15 billion Iowa steel project

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Trump announces plan for $15 billion steel plant, would be largest in U.S. history

Trump's announcement with Mesabi Metallics comes as Americans' souring views of the economy are poised to shape the upcoming midterm election.

Trump to announce $15 billion Iowa steel project

President Donald Trump on Monday will announce a $15 billion project— the largest steel plant in American history — to be built by Mesabi Metallics in Iowa, a White House official confirmed to the Washington Examiner.

Trump announces plans for largest steel plant in U.S. history to be built in Iowa

Updated on: September 28, 2026 / 5:12 PM EDT / CBS News

New grads say employers set the bar too high for entry-level roles: 'No job is willing to give you that first experience'

77% of new grads believe businesses call for too much experience when hiring for entry-level jobs, shutting them out of an increasingly competitive market.

Which 10-year yield level will really start to hit stocks? Here's what history suggests

The record suggests that the 10-year yield will have to approach 7% in order to meaningfully hurt stocks, according to Bank of America.

Apollo Raises Specter of an AI Agentic 'Bank Run' Hitting Financial Industry

As if things couldn’t get worse for banks, artificial intelligence could present a problem for the group.

How a $60 loaf of rye bread went viral in New York City: ‘It’s a conversation piece’

Bread experts weigh in on whether the rye sourdough that bakers ‘feed every day’ is worth that much

Treasury Secretary Scott Bessent hires Wall Street economist David Zervos

Zervos is joining the Treasury Department as counselor to Bessent, adding a prominent markets voice to the administration's economic policy team.

Gouged: Why Americans Are Being Ripped Off

How can we fix our pricing crisis? Economic sociologist Lindsay Owens urges tough new rules – and a consumer uprising

As the US midterms approach, Trump’s boasts on the economy fall flat with voters

Trump's tariffs and his war against Iran caused prices to rise, but the US president continues to claim it's 'the greatest economy in history'