Economy

Wine giant Gallo closing Napa Valley facility, laying off dozens of workers

Updated on: February 18, 2026 / 4:07 PM PST / CBS San Francisco

Trump's $18 Trillion Fantasy

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Germany: Millions Of Euros Robbed Through False Covid Test Scams By Men With A ‘Foreign Background’

In one case, the suspect bought luxury brands like Gucci, flew to Dubai and stayed in luxury hotels, and rented out expensive cars with his stolen proceeds.

Inside David Einhorn's eclectic stock portfolio: The value investor shuns AI in favor of a unique mix of companies

Einhorn's latest moves reflect his views on artificial intelligence and the market as a whole.

Etsy stock pops 17% on sale of Depop to eBay for $1.2 billion

EBay plans to acquire Etsy's secondhand clothing marketplace Depop for about $1.2 billion in cash, the companies said.

Trump’s immigration siege is rattling hospitality industry, workers say

Unite Here, the US’s largest hospitality workers’ union, says ICE crackdown is harming tourism and costing jobs

Gold and silver have been on a wild ride. How you can add exposure to the metals in your portfolio

The metals have had a solid rally to kick off 2026, but a closer look reveals plenty of dramatic swings in prices from one day to the next.

Alphabet's New AI Music Model Could Lure Content Creators from Rivals

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

Hedge funds have a clear favorite Magnificent 7 stock, attracting the likes of Ackman, Druckenmiller and Klarman

Notable institutional investors bought a net 40.9 million shares in the cloud provider in the fourth quarter, according to a CNBC analysis of data from Verity.

Goldman Sachs CEO Solomon calls rule-based system for crypto 'very, very important'

David Solomon spoke weeks after a Senate panel advanced a cryptocurrency market bill to create a national regulatory structure for crypto.

Fed officials split on where interest rates should go, minutes say

The Federal Reserve on Wednesday released minutes from its Jan. 27-28 meeting.

As AI puts the squeeze on entry-level jobs, teens remain optimistic about their future employability, report finds

High school students are less concerned about AI's impact on their future employment prospects, according to a new report.