Finance News | LeadStory

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Millions facing health care cost increases as tax credits lapse

Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of Affordable Care Act enrollees expired overnight as 2026 arrived, cementing higher health costs for millions of Americans at the start of t...

CBS America

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Food budget reset: How to cut your grocery bill in 2026

Food prices have risen sharply the past 5 years. Ways to trim your grocery budget in 2026... helping both your wallet and your waistline.

Scripps Local

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Major fire breaks out in historic church in Amsterdam

In Amsterdam, during New Years celebrations a large fire broke out in a historic church. Much like the Notre Dame cathedral in Paris, the Dutch church had a wooden structure, making fighting the fire that much more difficult.

France 24

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USPS changes rules: What it means for your bills, ballots and taxes

USPS changes postmark rules: What it means for your bills, ballots and taxes

Scripps Local

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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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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

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Stocks rally after Christmas holiday

The "Santa Claus rally" that is occurring in the stock market after the holidays is setting up an optimistic view among investors as 2026 begins. Phil Luck, a director at the Center for Strategic and International Studies, joins CBS News...

CBS America

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Shoppers scatter as mall ceiling caves in under heavy rain

Shoppers at a mall in Johannesburg, South Africa, probably thought they were safe from the heavy rain outside, but then water on the floor was the first signal that something awful was in store. See the video as a stunned crowd watched t...

The Weather Channel

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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

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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

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U.S. pledges $2 billion to UN aid amid deep foreign assistance cuts

The United States has announced a $2 billion pledge for UN humanitarian aid, a move the Trump administration calls generous, but critics say falls far short of past commitments.

Africanews

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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

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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

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Russia's countryside in decline: Service closures push families to relocate

Thousands of villages in Russia are being abandoned as young people move to cities.

Al Jazeera

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$1.8 billion Christmas Eve Powerball jackpot won in Arkansas

The Christmas Eve Powerball jackpot worth $1.817 billion, the second-largest ever, was won by a single ticket sold in Arkansas.

CBS America

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Rich world's rate-cut momentum fading away

This year has seen a series of rate cuts across major central banks around the world. But with many policy-makers signaling they're near or at the end of that cycle, what does 2026 have in store for central bank watchers?

Bloomberg

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Powerball jackpot reaches whopping $1.7 billion for Christmas Eve

The Powerball jackpot grew to more than $1.7 billion after no winning tickets from Monday's drawing. CBS News' Tom Hanson has more details.

CBS America

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Spain's Christmas lottery spreads shared wins nationwide

Spain is celebrating as its annual Christmas lottery, El Gordo — the "Fat One" — shared a €2.7 billion prize pot among thousands of winners nationwide, offering a collective note of luck to close out 2025.

DW News

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AI Innovation isn't slowing down, Theory's Tunguz says

Tomasz Tunguz, general partner at Theory Ventures, says AI innovation isn't showing signs of slowing down, but state-level regulation like the one recently passed in New York could hurt startups.

Bloomberg

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Gold climbs to record high amid geopolitical tensions

Gold rose to an all-time high as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades. Bloomberg's Martin Ritchie breaks down the situation.

Bloomberg

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Inside the idea of 50-year mortgages

Carter Evans reports on the perceived benefits and downsides of 50-year mortgages.

CBS America

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Dalio: Why Market Crises Keep Changing the Rules for Investors

The first 25 years of this century delivered one upheaval after another: the dot-com crash, the housing collapse, the Great Financial Crisis, unprecedented rounds of quantitative easing, a historic pandemic, an inflation surge, and a ret...

Bloomberg

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Texas crypto boom sparks backlash over ‘noise pollution’

Crypto mines have proliferated in Texas, drawn by cheap land, tax incentives, and a deregulated energy market. Their rapid expansion is causing significant conflict with local communities, particularly over noise pollution.

Al Jazeera

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Bank of England: What to expect from today's decision

The Bank of England will likely deliver a pre-Christmas interest-rate cut on Thursday as concerns shift away from inflation and toward the UK's struggling economy and jobs market. Bloomberg's Ven Ram reports.

Bloomberg

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Why Labubu maker Pop Mart's shares are plunging

A 40% slide in shares of Pop Mart from a peak in August shows growing worries that Labubu mania may be fading. Lackluster US Black Friday sales and cooling resale demand are also reviving comparisons to the 1990s Beanie Babies bust.

Bloomberg

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EU leaders to vote on Ukraine loan backed by frozen Russian assets

EU leaders will gather in the coming hours to vote on potentially using nearly 200 billion dollars in frozen Russian assets to support Ukraine. But it's a controversial and risky plan.

Al Jazeera

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Is the EU using digital euro to take control of your wallet?

Numerous rumors about the digital euro have been circulating on social media for months. According to some users, the currency will be used to monitor financial transactions or could even threaten individual freedoms. The Cube has debunk...

Euronews

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UK inflation drop clears way for BOE rate cut

Santander Economist Victoria Clarke reacts to UK inflation data which slipped to its lowest level in eight months, a bigger than expected drop that clears the path to an interest-rate cut at the Bank of England on Thursday. She speaks on...

Bloomberg

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Banks slam OCC's initial blessing for crypto trust U.S. charters

The Office of the Comptroller of the Currency's decision to grant limited banking charters to cryptocurrency companies is likely to face legal challenges from banks and even state regulators.

Bloomberg