Economy News | LeadStory

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Stock markets react to news of potential U.S. investments in Venezuela

Stock markets rallied as more news emerges about potential investment opportunities in Venezuela. Kristin Myers, the ETF editor-in-chief for Asset TV, joins with more.

CBS News

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FOMC's new voters bring a hawkish tilt to Fed decisions

The Federal Open Market Committee begins the year with a new rotation of a more hawkish collection of voters who may delay interest-rate cuts. Michael McKee has more on Bloomberg Television.

Bloomberg

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Gaza economy faces collapse as unemployment rate reaches 80%

Gaza’s economy has plummeted by 87 percent in two years, deepening poverty and leaving thousands without income or resources.

Al Jazeera

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How Venezuela turmoil could affect U.S. gas prices

The arrest of Nicolás Maduro sent oil stocks higher. With Chevron leading the way, the Dow hit a record-high of nearly 49,000. Oil prices are also up. Jill Schlesinger explains what it means.

CBS America

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U.S. oil stocks climb after Trump signals access to Venezuela reserves

U.S. oil companies' shares jumped on Monday (January 5), fueled by the prospect of access to Venezuela's vast oil reserves after President Donald Trump said the U.S. would take control of the South American nation following the arrest of...

Reuters

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Why aren't Senegal craftswomen seeing profits?

Senegal baskets are hot, but women weavers ask where's the money?

Africanews

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Safe-haven gold pushed to one-week high by U.S.-Venezuela conflict

Gold prices sprinted to a more than one-week high on Monday (January 5), edging closer to their record peak, as geopolitical turmoil stirred up by the U.S. capture of Venezuelan President Nicolas Maduro sparked a flight to safety.

Reuters

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Iran announces monthly allowance of 7% of minimum wage amid protests

Iranian authorities announced on Sunday they would give a monthly allowance to every citizen in the country to alleviate economic pressure, after a week of protests. Government spokeswoman Fatemeh Mohajerani told state TV that one millio...

France 24

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Trump’s tariffs and their costs for the global economy

2025 was the year of Donald Trump's Big Beautiful Tariffs on the US's trading partners. Al Jazeera looks at who's paying the price.

Al Jazeera

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Syria introduces new banknotes, removing Assad family images

Syria's rebranding its economy as new bank notes hit the market with fewer zeroes and a new image.

Al Jazeera

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Syria begins banknote swap as government seeks economic revival

Syrians started to swap old banknotes for new ones on Saturday (January 3) under a plan to replace Assad-era notes to try to strengthen the currency's value.

Reuters

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Where markets go next in 2026

From market volatility to bond opportunities what's next for investors in 2026? Joyce Huang, Senior Client Portfolio Manager at American Century Investments, joined Bloomberg TV and radio to share her outlook on Fed policy, equity risks,...

Bloomberg

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U.S. Food benefits crisis: Work requirements and restrictions hit hard

Tougher SNAP rules add work mandates and curbs on food choices as 42m low-income Americans rely on aid amid rising living costs.

Al Jazeera

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Senegal: Faye announces major boost to public investment in 2026

In his address to the nation on New Year's Eve, Bassirou Diomaye Faye promised major public investments in areas including education, health and water infrastructure.

Africanews

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Nigerian youth enter 2026 with hopes of prosperity and stability

For many young people, Nigeria has yet to fulfil its potential. They hope that the new year will allow the country to achieve stability and prosperity.

Africanews

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Cape Town rental boom pushes low-income residents into illegal housing

Driven in part by a tourism boom and the rapid expansion of short-term rentals such as Airbnb, property prices in the central business district have soared, pricing out workers who rely on living close to jobs and services.

Africanews

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EU’s carbon border tax risks trade war with China and India

The EU carbon border tax targets high-emission imports, pressuring China and India to go green, curbing offshoring but likely raising EU prices.

Al Jazeera

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Protests spread across Iran amid unrest over economic struggles

Iranian students staged street protests in Tehran on Tuesday, a day after the capital's shopkeepers demonstrated against economic hardship and won a message of understanding from the president.

France 24

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Five years after the UK left EU market, the impact on French fishermen

Five years ago, the United Kingdom left the single European market after a post-Brexit transition. One of the side effects of the exit was limiting British waters for EU fishermen, who were forced to reduce their quotas by 25%. In France...

France 24

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Mexico loses thousands of jobs as tariff uncertainty hits factories

Tariff uncertainty under Trump has cost Mexico over 60,000 factory jobs since 2023, hitting border cities hardest and stalling investment.

Al Jazeera

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Economic oasis emerges in the Arizona desert

Arizona is fast becoming a major hub for computer chip production thanks to what's being called the largest foreign direct investment in U.S. history. Kris Van Cleave takes us to a sprawling campus in Phoenix that is providing thousands ...

CBS America

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Volatile year for U.S.-China ties

It’s been a turbulent year for U.S.-China relations. Donald Trump's return to office came with fiery rhetoric and an attack on Beijing’s economic policies. A trade war quickly escalated, and reciprocal tariffs at one point reached more t...

Al Jazeera

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Bulgaria to become 21st country to join euro

On New Year’s Day, Bulgaria becomes the 21st country to join the euro currency union, furthering its integration into the European Union. But the historic milestone arrives amid political instability and skepticism among ordinary people ...

France 24

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Chancellor Merz hits optimistic note in New Year's Address

German Chancellor Merz used his New Year's address to call on society to come together to ensure prosperity. He reflected on the many challenges facing the country and the difficult decisions that lie ahead in 2026.

DW News

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Protests grow in Iran over rising living costs, inflation

Protests are spreading across Iran, as living costs rise and inflation spirals out of control. Videos published online show protesters taking to the streets, with the image of one protester defying police going viral.

DW News

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What will joining the Eurozone mean for the Bulgarian economy?

The Balkan country of 6.5 million people joined the EU in 2007 and formally began the process of joining the Eurozone in 2018.

Euronews

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Rising premiums fuel 2026 affordability concerns

An in-depth discussion with economist Bingo AJ Laurie explores the complex factors driving up health insurance premiums, from industry consolidation to expiring tax credits, and the financial strain hitting families.

Scripps Local

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Protests erupt across Iran as currency sinks to record low

Protesters have taken to the streets of Iran's capital city as the country faces some of its worst economic pressures in years. Iranian journalist and women's rights activist Masih Alinejad joins to discuss.

CBS News

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Are manufactured homes the key to homeownership?

New research shows Florida leads the nation in factory-built housing, with more residents turning to manufactured homes amid high prices.

Scripps News

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Economic news to watch for in 2026

With just one day left of trading before the new year, CBS News is taking a look at where things stand today and what might be driving the markets in 2026.

CBS America