Economy News | LeadStory

VIEWEDNOW PLAYING

Equity markets have 'more upside' if feds cuts rates, UBS says

Adrian Zuercher of UBS says the equity market "definitely has more upside" if the Federal Reserve signals further rate cuts. He tells Bloomberg Television that U.S. markets are "quite healthy" as earnings have been strong in the third qu...

Bloomberg

VIEWEDNOW PLAYING

UK luxury home sales slump ahead of expected mansion tax

Sales of the UK's most expensive homes plummeted in October, according to new data, with affluent buyers appearing to be put off by the prospect of a so-called mansion tax in Labour's upcoming budget. Property website Rightmove said Mond...

Bloomberg

VIEWEDNOW PLAYING

New report shows share of first-time home buyers dropped to record low

The American dream feels increasing out of reach as home prices have skyrocketed for years. The latest report from the National Association of Realtors shows the share of first-time home buyers has dropped to 21%.

CBS America

VIEWEDNOW PLAYING

Trump's Gaza plan arrives at UN Security Council

The UN Security Council will vote Monday on a resolution endorsing U.S. President Donald Trump's Gaza peace plan, diplomats said. Last week the Americans officially launched negotiations within the 15-member Security Council on a text th...

France 24

VIEWEDNOW PLAYING

Saudi fund, Kushner’s firm to buy Electronic Arts in $55bn deal

In recent years, Saudi Arabia has sought to diversify its economy away from oil, making massive investments in the U.S. It is now seeking to invest in a gaming company with a consortium put together by President Trump's son-in-law and ad...

Al Jazeera

VIEWEDNOW PLAYING

Switzerland wins U.S. tariff rate cut, pledges large investments

The United States and Switzerland announced a framework trade agreement on Friday that includes Washington slashing its tariffs on imported Swiss products to 15% from 39% and a pledge by Swiss companies to invest $200 billion in the U.S....

Reuters

VIEWEDNOW PLAYING

The hangover from the government shutdown just hit Wall Street

A lack of economic data muddied the waters for investors this week, and analysts preparing their outlooks for 2026 are doing so without key economic information due to the government shutdown.

Scripps News

VIEWEDNOW PLAYING

Canadian travel slump could cost U.S. economy millions

Travel from Canada dropped by double digits last month, continuing a near-yearlong decline fueled by trade disputes.

Scripps News

VIEWEDNOW PLAYING

Ghana growth prospects strengthen amid increasing investor confidence

Ghana has emerged from its worst economic crisis in a generation and is positioned for sustained growth, Finance Minister Cassiel Ato Forson announced Thursday, declaring the nation "back, strong, credible, and open for business" during ...

Africanews

VIEWEDNOW PLAYING

Trump administration says it has trade frameworks with Argentina

The Trump administration said Thursday that it had reached trade frameworks with Argentina, Ecuador, El Salvador and Guatemala.

France 24

VIEWEDNOW PLAYINGBREAKING

China's factory output, retail sales growth worst in over a year

China's factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as mounting supply and demand strains threaten to further curt...

Reuters

VIEWEDNOW PLAYING

Rapper Bad Bunny's global stardom boosts Puerto Rico's economy

Rapper Bad Bunny has brought a major boost to Puerto Rican pride, and the economy.

Al Jazeera

VIEWEDNOW PLAYING

Federal reserve has room for more rate cuts, Pimco's Wilding says

Tiffany Wilding, economist at Pacific Investment Management Co. (Pimco), says the labor market is slowing but not falling off of a cliff. Speaking on "Bloomberg Surveillance," Wilding says the Federal Reserve has room to cut rates at lea...

Bloomberg

VIEWEDNOW PLAYING

Government shutdown may impact Fed decision on interest rates cuts

The government shutdown impacted key economic data reports that the Federal Reserve uses to determine a potential interest rate cut. CBS MoneyWatch correspondent Kelly O'Grady reports.

CBS America

VIEWEDNOW PLAYING

How much did the government shutdown cost?

The Congressional Budget Office estimates that around $11 billion of economic activity was lost during the 43-day government shutdown. CBS News' Kelly O'Grady breaks down the figures.

CBS America

VIEWEDNOW PLAYING

Canadians boycotting U.S. mainly behind billions in lost tourism

A U.S. Travel Association report forecasts a 3.2 per cent decline in international tourism spending in the country for 2025, a loss of $5.7 billion U.S. compared with the previous year. The association largely attributes the loss to a de...

CBC News

VIEWEDNOW PLAYING

Goldman Sachs predicts a lost decade for U.S. equities

Strategists at Goldman Sachs expect U.S. equities to keep lagging global peers for the next decade. Peter Oppenheimer and his team recommend that investors increase diversification beyond the U.S. They see the S&P 500 returning an averag...

Bloomberg

VIEWEDNOW PLAYING

African Union says rising debt crisis undermines development

The chairperson of the AU Commission says many governments are spending more on servicing debt than on investments in human development.

Africanews

VIEWEDNOW PLAYING

Trump proposes tariffs on Italian pasta companies

A new wave of tariffs could cause many Italian pastas to disappear from grocery shelves. A report from the Wall Street Journal details the Trump administration's plan to impose duties of 107% on Italian pasta imports.

CBS America

VIEWEDNOW PLAYING

China's soybean import dependence grows amid crop shift

An expected trade deal between China and the U.S. is offering relief to American farmers hit hard by Beijing’s block on soybean imports and China’s challenge to grow enough of its own.

DW News

VIEWEDNOW PLAYING

Trump: Americans to receive 'at least $2,000' from tariff revenue

Could Americans be getting checks from the federal government due to revenue brought in by Tariffs? That's something President Donald Trump says he's considering.

Scripps News

VIEWEDNOW PLAYING

Polls indicate many Americans downbeat on Trump's handling of economy

U.S. economic growth looks lopsided due to reliance on the AI boom and stock-market wealth causing many Americans to be downbeat about the economy and the president's handling of it. Many voters expressing cost-of-living anxieties and ha...

Bloomberg

VIEWEDNOW PLAYING

Von der Leyen offers minor concessions on EU budget

Ursula von der Leyen has proposed changes to her €2 trillion EU budget to empower regional authorities and protect financing for rural areas. The tweaks look to stave off a parliamentary rebellion after a week of tensions.

Euronews

VIEWEDNOW PLAYING

How sanctions cripple Syria’s economy and its people

As al-Sharaa becomes the first Syrian leader to visit the White House, Syria remains crippled by sanctions. Business owners are warning, unless some are lifted, industries that are still functioning are at risk of shutting down.

Al Jazeera

VIEWEDNOW PLAYING

Global shares jump as investors eye potential end to U.S. shutdown

Global shares rose on Monday on optimism that an end to the historic U.S. government shutdown was in sight, while yields rose and the dollar nursed losses from last week.

Reuters

VIEWEDNOW PLAYING

Trump administration claims prices are leveling off

The Trump administration is claiming that the economy is making progress despite a gap between wage and price increases. CBS News MoneyWatch correspondent Kelly O'Grady has more.

CBS America

VIEWEDNOW PLAYING

Brazil climate conference begins amid soaring climate costs

Ten years after the Paris Agreement, world leaders gather in Brazil as climate costs soar and progress lags.

Al Jazeera

VIEWEDNOW PLAYING

Consumer confidence in U.S. economy is near record-lows, survey shows

A recent survey shows consumer confidence in the economy is near record-low amid the ongoing government shutdown. Andres Gutierrez is in Burbank, California, with the details.

CBS America

VIEWEDNOW PLAYING

What's fueling accelerating economic growth in Spain?

After years of sluggish growth, Spain is thriving again. GDP surged by 3.5% last year, powered by record tourism and immigration, some experts have said.

DW News

VIEWEDNOW PLAYINGBREAKING

No end in sight for longest government shutdown in U.S. history

The U.S. government shutdown is now at 40 days—the longest in American history—with no sign of it ending soon. That’s led to chaos at airports but also knock-on effects across industries.

Al Jazeera