Finance News | LeadStory

VIEWEDNOW PLAYING

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

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.

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...

VIEWEDNOW PLAYING

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.

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.

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.

VIEWEDNOW PLAYING

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.

VIEWEDNOW PLAYING

$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.

VIEWEDNOW PLAYING

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?

VIEWEDNOW PLAYING

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.

VIEWEDNOW PLAYING

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.

VIEWEDNOW PLAYING

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.

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 US rate cuts added momentum to the best annual performance in more than four decades. Bloomberg's Martin Ritchie breaks down the situation.

VIEWEDNOW PLAYING

Inside the idea of 50-year mortgages

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

VIEWEDNOW PLAYING

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...

VIEWEDNOW PLAYING

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.

VIEWEDNOW PLAYING

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.

VIEWEDNOW PLAYING

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.

VIEWEDNOW PLAYINGBREAKING

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.

VIEWEDNOW PLAYING

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...

VIEWEDNOW PLAYING

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...

VIEWEDNOW PLAYING

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.

VIEWEDNOW PLAYING

Holiday jackpot: Powerball could make a billionaire this week

Powerball’s jackpot hits $1.25B, the sixth-largest ever, marking rare back-to-back billion-dollar prizes just before Christmas.

VIEWEDNOW PLAYING

Nasdaq seeks SEC approval for 23-Hour weekday trading

Nasdaq Inc. asked the U.S. Securities and Exchange Commission for permission to add an additional trading session, from 9 p.m. to 4 a.m. ET, to extend trading hours on its stock venues to 23 hours during the work week.

VIEWEDNOW PLAYING

HK's red-hot IPO market closing 2025 with rush of deals

Hong Kong's IPO market, which has raised more than $34 billion this year, is in its busiest month for listings in at least four years. That's as companies rush to list their shares. Bloomberg's Dave Sebastian reports.

VIEWEDNOW PLAYING

Robinhood's on 2026 crypto plans for U.S., EU

Johann Kerbrat, Robinhood SVP and General Manager of Crypto, discusses the company's crypto plans and new tools for advanced traders. He tells Romaine Bostick and Katie Greifeld on "The Close" that Robinhood plans to expand crypto featur...

VIEWEDNOW PLAYING

What are Europeans cutting back on to make ends meet?

Amid cost-of-living troubles, the 2025 festivities are likely to be subdued for many who have had to give up on amenities and, in some cases, opt for low-key Christmas plans.

VIEWEDNOW PLAYING

Fed set up to keep cutting rates in 2026, Newedge's Dawson says

Newedge Wealth CIO Cameron Dawson says it's the ultimate "party on, Garth" type of market environment. Speaking during an interview with Matt Miller on "Bloomberg Open Interest," Dawson also says she expects the Federal Reserve to keep c...

VIEWEDNOW PLAYING

Too soon to tell who winners are in AI, Misra says

JPMorgan Core Plus Bond ETF Portfolio Manager Priya Misra says it's too soon to say who the winners and losers are yet when it comes to artificial intelligence stocks. That's why she says it's so important to have a diverse portfolio tha...

VIEWEDNOW PLAYING

Bank of France hit with legal complaint

The case opens a new chapter in ongoing efforts to clarify France’s role during the Rwanda genocide. A judicial investigation is expected to determine whether the central bank failed in its duty of oversight.