Economy

Sixteen years to approve a power line is not regulation

conservative

Sixteen years to approve a power line is not regulation

Energy costs are climbing across the country — electricity bills, gas prices, home heating costs — and those costs ripple through the rest of the economy. After years of political impasse, the Senate has finally reached a bipartisan permitting reform agreement to help address it.

4 days ago

Why this bull market is unlike any we've seen before

liberal

Why this bull market is unlike any we've seen before

The stock market has already reached a positive milestone despite growing consternation around the artificial intelligence trade.

4 days ago

Elon Musk says he plans to gift a SpaceX share to every child in the U.S.

liberal

Elon Musk says he plans to gift a SpaceX share to every child in the U.S.

Updated on: October 19, 2026 / 5:38 PM EDT / CBS News

4 days ago

Elon Musk says he'll give a SpaceX share to every child in America next year

liberal

Elon Musk says he'll give a SpaceX share to every child in America next year

The SpaceX boss said Monday that he'll give one of his company shares to every child in the U.S. next year. He didn't say how the share giveaway would happen.

4 days ago

French unrest compounds debt crisis fears. Paris-listed stocks, bonds and the euro fall

liberal

French unrest compounds debt crisis fears. Paris-listed stocks, bonds and the euro fall

"It looks like either the bond markets riot, or the people riot, or both," one analyst told CNBC.

4 days ago

Japanese Prime Minister Takaichi rejects criticism around weak yen and high interest rates

liberal

Japanese Prime Minister Takaichi rejects criticism around weak yen and high interest rates

The prime minister denied that her policies were responsible for the yen’s weakness or rising JGB yields.

4 days ago

Indonesian stocks plunge to six-year low as MSCI downgrade fears mount

liberal

Indonesian stocks plunge to six-year low as MSCI downgrade fears mount

Indonesia's benchmark stock index plunged to its lowest level in six years.

4 days ago

China's third-quarter economic growth quickens to 4.5% as exports surge, beating estimates

liberal

China's third-quarter economic growth quickens to 4.5% as exports surge, beating estimates

China's economic growth accelerated in the third quarter, as foreign demand for the country's technological goods largely offset sluggish consumer demand.

4 days ago

India's Finance Minister says easy exits and excess liquidity fuel equity market's underperformance

liberal

India's Finance Minister says easy exits and excess liquidity fuel equity market's underperformance

India's finance minister said that continued capital outflows are one of the biggest risks for the country in 2027.

4 days ago

Why I am taking the other side of the trade that crushed the market Friday

liberal

Why I am taking the other side of the trade that crushed the market Friday

How did this happen so quickly? Where were the buyers? I have some answers.

4 days ago

Oil prices slide as sanctions relief on Russian crude raises hopes of increased supply

liberal

Oil prices slide as sanctions relief on Russian crude raises hopes of increased supply

U.S. President Donald Trump invoked the Graham Act’s national-interest waiver to suspend new duties on Russian goods and major Russian energy buyers.

4 days ago

Nasdaq futures gain as investors buy the dip in the AI trade: Live updates

liberal

Nasdaq futures gain as investors buy the dip in the AI trade: Live updates

The S&P 500 lost nearly 2% last week, its biggest weekly decline since late June. The Nasdaq fell 4.5%, snapping a four-week winning streak.

4 days ago