Economy

Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds

President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.

High costs, falling returns: what could go wrong for Trump’s Venezuela oil gamble?

US faces big challenges in trying to unlock ‘tremendous wealth’ from Venezuela’s long-neglected oil industry

Stars are aligning for Treasury yields to fall. This options trade hedges risk and makes money if rates dip

Jeff Kilburg breaks down this trade on the TLT ETF.

What are today's mortgage interest rates: January 9, 2026?

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Jim Cramer calls a Wall Street analyst downgrade of Nike stock 'fatuous'

Nike CEO Elliott Hill is " working his butt off," Jim said on "Squawk on the Street."

Trump to meet with big oil executives at White House about Venezuela

Updated on: January 9, 2026 / 9:34 AM EST / CBS News

'Goodbye, January': What the mixed December jobs report means for the Fed

The final jobs report for 2025 put the kibosh on a Federal Reserve rate cut coming later this month.

Jim Cramer's top 10 things to watch in the stock market Friday

Stocks were headed for a higher open after tepid December jobs growth data supported the case for more Fed interest rate cuts.

Warren Buffett stepped down as CEO with a net worth of $150 billion—his best advice to build wealth

The best way to build a fortune, Buffett told a crowd in 1999, is to "start young."

Economy added 50,000 jobs in December: The key facts and figures

The economy added 50,000 jobs in December, and the unemployment rate fell to 4.4%, the Bureau of Labor Statistics said Friday.

X UK revenues drop nearly 60% in a year as content concerns spook advertisers

Elon Musk-owned site reports plunging profits amid outcry over use of AI tool Grok to create sexually explicit imagery

Rolls-Royce has hit a record high every trading day of 2026. Here's why

While Rolls-Royce stock has been swept up in the defense rally, the London-listed company has much more going for it.