Economy News | LeadStory

VIEWEDNOW PLAYING

Soaring prices spur new generation of Australian gold hunters

Hobbyists are flocking to Australia's "golden triangle" in the heart of Victoria state, known as one of the world's most bountiful regions for gold nuggets. The prospectors have been spurred on by record gold prices, social media, the su...

Reuters

VIEWEDNOW PLAYING

Big bank stocks come roaring back in 2025

2025 was a good year for the big banks. The six titans of U.S. banking are up by an average of more than 45% this year, while the stocks of the top four public alternative asset managers are collectively down.

Bloomberg

VIEWEDNOW PLAYING

Major bank CEO: market will punish Americans if Fed isn't independent

Bank of America Chairman and CEO Brian Moynihan spoke with "Face The Nation" moderator Margaret Brennan ahead of President Trump's move to replace Jerome Powell with a new chair of the Federal Reserve. CBS News contributor Javier David h...

CBS America

VIEWEDNOW PLAYING

Bulgaria prepares for the euro amid excitement and skepticism

The Black Sea country on the European Union's southeast frontier will become the 21st country to join the euro currency zone after it met the formal entry criteria this year, including for inflation, budget deficit, long-term borrowing c...

Reuters

VIEWEDNOW PLAYING

The U.S. dollar's path ahead in 2026

The US dollar heads into the final days of the year coming off of its worst week since June. Bloomberg's Skylar Montgomery Koning looks at the consensus trade for the dollar in 2026.

Bloomberg

VIEWEDNOW PLAYING

Argentina’s booming beef exports spark domestic price worries

Argentina’s beef export boom boosts producers & US trade, but low stocks drive prices up, sparking fears over locals’ access to meat.

Al Jazeera

VIEWEDNOW PLAYING

Why beef prices are so high right now

Beef prices are up 15% compared to last year, while chicken and pork prices are only up around 1%. "CBS Saturday Morning" goes behind-the-scenes to figure out what's behind the spike.

CBS America

VIEWEDNOW PLAYING

How to save money on your energy bill as heating costs surge

The cost of heating a home is going through the roof, but there are steps you can take to try to keep your energy bills down.

CBS America

VIEWEDNOW PLAYING

Some Americans kept spending in 2025 despite concerns about economy

Some Americans enjoyed massive gains in the stock market during 2025, while others cut corners as prices grew higher. CBS MoneyWatch correspondent Kelly O'Grady has more on the U.S. economy as 2026 approaches.

CBS America

VIEWEDNOW PLAYING

Gold and silver hit all-time highs

Gold, silver, and platinum extended a historic end-of-year rally for precious metals, jumping to all-time highs, with spot gold peaking above $4,530 an ounce.

Bloomberg

VIEWEDNOW PLAYING

Uzbekistan GDP hits record €123 billion as Mirziyoyev hails reforms

President Mirziyoyev says GDP reached a record high in the Central Asian country's history as exports rose 23% and foreign investment reached €37 billion.

Euronews

VIEWEDNOW PLAYING

Christmas in Kenya: Families spend on average one month's salary

In Kenya, Christmas is primarily a religious celebration that brings families together. As summer approaches and temperatures rise, Santa Claus and Christmas trees are relatively rare. But that does not mean people don’t celebrate — the ...

France 24

VIEWEDNOW PLAYING

Kevin McCallister's grocery run would cost triple compared to 1990

It's a scene that many of us remember: Kevin McCallister in "Home Alone," casually strolling through the grocery store with $20 in hand. How much would that same grocery run really cost today?

Scripps Local

VIEWEDNOW PLAYING

Canada’s cost of living crisis hitting shoppers hard during holidays

As many Canadians grapple with mounting financial pressure, political leaders stress social programs and tax cuts as evidence they’re trying to help. That said, even with inflation steadying, grocery prices in particular rose again subst...

CBC News

VIEWEDNOW PLAYING

U.S. holiday spending hits 20-year high

Americans are expected to spend nearly $900 each this holiday season, the second-highest level in 20 years. The surge reflects strong consumer demand and a continued shift towards online shopping.

Al Jazeera

VIEWEDNOW PLAYING

The financial strain of caring for both children and aging parents

Between now and 2030, about 10,000 Americans will turn 65 every single day, giving rise to a term known as the "sandwich generation": adults who find themselves caring for their aging parents while still raising their own children.

CBS America

VIEWEDNOW PLAYING

What role did Trump's tariffs play in economy's third quarter surge?

New government data reveals the U.S. economy saw a major surge in the third quarter of 2025.

CBS America

VIEWEDNOW PLAYING

Views of U.S. economy fall short of expectations from start of year

Americans entered 2025 with optimistic expectations for jobs, inflation and living costs. But as we near the end of the year, recent CBS News polling finds that only 32% of people view the current economy positively.

CBS America

VIEWEDNOW PLAYING

Midwesterners grapple with rising prices during the holidays

Recent CBS News polling shows Americans have a bleak view of the state of the economy. CBS News correspondent Lana Zak has firsthand insight into how Americans are dealing with economic pressures this holiday season.

CBS America

VIEWEDNOW PLAYING

Inflation on the rise again in Venezuela

Pressure from the U.S. has accelerated the devaluation of Venezuela's currency. Nonetheless, people are trying to maintain a festive atmosphere with traditional purchases of seasonal ingredients and home decorations.

DW News

VIEWEDNOW PLAYING

U.S. toy prices rise as tariffs push up costs ahead of Christmas

U.S. shoppers are feeling the impact of tariffs as toy prices rise ahead of the holidays. Imports from China still dominate the U.S. toy market, worth around $41 billion.

Al Jazeera

VIEWEDNOW PLAYING

Cambodia fears long-term economic damage as Thailand conflict continues

The Thailand-Cambodia conflict disrupts trade, tourism, and garment exports, leaving markets empty and livelihoods at risk without peace.

Al Jazeera

VIEWEDNOW PLAYING

High living costs upset Christmas celebrations in Nigeria

Normally, Nigerians celebrate Christmas with a rich blend of faith, family, food, travel, and vibrant cultural traditions, creating one of the most festive seasons in the country. But things are not normal, right now.

DW News

VIEWEDNOW PLAYING

U.S. GDP rises by 4.3% in 3Q, fastest pace in two years

The U.S. economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer trade policies. Inflation-adjusted GDP rose by 4.3% beating estimates of 3.3%. Former Fed E...

Bloomberg

VIEWEDNOW PLAYING

Ukraine investors' conference sets sights on reconstruction

As signs of hope for an end to the Ukraine war emerge, a business conference in Berlin has shifted the focus to the reconstruction of the war-torn country, with Germany offering loans and risk insurance for investors.

DW News

VIEWEDNOW PLAYING

Beef prices stuck at record highs headed into Christmas

Ground beef cost an average of $6.78 a pound in November. That is a 2.1% increase from September and 15% higher than this time last year.

Scripps News

VIEWEDNOW PLAYINGBREAKING

China says U.S. ship seizures ‘serious violation' of international law

China's foreign ministry on Monday (December 22) said the United States' seizure of another country's ships was a serious violation of international law, after the U.S. intercepted a China-bound oil tanker off the Venezuelan coast.

Reuters

VIEWEDNOW PLAYING

New poll shows Americans remain concerned about affordability

A recent CBS News poll shows how Americans are feeling about the costs of health care, food and housing. CBS News' Anthony Salvanto has more following President Trump's comments on the state of the U.S. economy.

CBS America

VIEWEDNOW PLAYING

Gold climbs to record high amid geopolitical tensions

Gold rose to an all-time high as escalating geopolitical tensions and bets on further U.S. rate cuts added momentum to the best annual performance in more than four decades.

Bloomberg

VIEWEDNOW PLAYING

Orban's giveaways still not turning election tide in Hungary

Hungary's Viktor Orban may have got a brief poll boost last month from a costly pension sweetener, but he faces a race against time before April's election to turn the stagnating economy around enough to extend a 15-year grip on power.

Reuters