Economy

IBM Vice Chairman Gary Cohn on "Face the Nation with Margaret Brennan," Sept. 20, 2026

Updated on: September 20, 2026 / 2:52 PM EDT / CBS News

Germany thinks rich are greedy. Vietnam thinks they’re visionaries. Who’s winning

Economists know how important psychological factors are in the economy, yet they have paid little attention to the effects of a social climate in which rich people are seen either as role models or as scapegoats.

Bernie Sanders is right about the four-day workweek

The senator proposed a federal overtime rule mandate, but incentives can better spur employers to reshape the workweek

Sports betting apps prod and entice fans as gambling exacts a growing financial toll

Updated on: September 20, 2026 / 9:17 AM EDT / CBS News

Budget airline king Bill Franke warms to first-class seats and premium upgrades

Serial airline investor Bill Franke is embracing more upmarket changes like first-class seats.

Williams-Sonoma's Stock Has Soared in a Sluggish Housing Market. Here's How It Won Over Wall Street

Williams-Sonoma is outperforming the furnishings industry due to its ability to grow profitability despite a weak housing backdrop.

Morgan Stanley says stocks like Warner Music are a table-pounding buy right now

Morgan Stanley said this week that stocks including SpaceX, SiTime and EchoStar are attractive.

AI slowdown calls justified but collapse of bubble may be more immediate threat

Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worry

Trump’s economy still needs improvement

If a Democrat were in the White House, the headlines from the Census Bureau’s annual report on income in the United States would have been glowing. Household income, after adjusting for inflation, is at an all-time high. Poverty, including child poverty, is falling and is at an all-time low.

Are global stock markets heading for a crash?

Economies thrown into renewed turmoil as AI debt, Iran war and soaring government bond yields fuel alarm

France's wine production nears a 70-year low, leaving winemakers with tough choices

As the French wine industry reaches a crisis point, key players are considering new markets, products and generations.

Saudi Arabia issues air raid alerts as Houthi fighting escalates

Smoke plumes rose over Saudi Arabia’s capital Saturday after explosions were heard near Riyadh’s King Khalid International Airport, prompting the government to issue air-raid alerts as fighting with Iran-backed Houthi forces in neighboring Yemen escalates.