Economy

California billionaire tax could leave state with less revenue, Stanford study cautions

Updated on: October 19, 2026 / 10:55 PM EDT / CBS News

Saudi Arabia postpones 'Davos in the Desert' investment conference

Saudi Arabia announced the postponement of its influential “Davos in the Desert” investment conference, one of the world’s preeminent, in Riyadh over security concerns following continued Houthi attacks.

Wells Fargo's comeback is just getting started. Here's why I'm buying

Stephanie Link sees a buying opportunity in Wells Fargo as accelerating loan growth, improving profitability and the lifting of its asset cap fuel the bank's turnaround.

What happens when you miss a debt payment

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Goldman says play defense with these stocks if you're worried about the AI bull failing

These defensive stocks, some of which have lagged, could be ready rally as investors bail on AI trade.

Stocks making the biggest moves midday: Sandisk, Marvell, Datadog, Cleveland-Cliffs, Amazon & more

Here are some of the companies making headlines in midday trading.

Capital One, General Motors Are Among the Stocks Reporting This Week With Momentum. Here Are the Others

Capital One and General Motors are among the names reporting earnings next week with accelerating profit forecasts from analysts.

Healthcare is catching the rotation out of AI. Josh Brown's list includes two names that can benefit

Josh Brown and Sean Russo dive into two names that can get a boost from a move out of AI-linked names.

Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom

Iran-backed Houthi militants have launched repeated volleys of missiles and drones at Saudi Arabia since a deadly airport attack earlier this month.

How to make a debt payoff plan that actually fits your monthly budget

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Musk pledges to give every child SpaceX shares

Elon Musk announced he will give every child in the United States stock in his company SpaceX, a maneuver that is possible thanks to the implementation of the Trump Accounts program.

Can making two credit card payments a month save you money?

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