Finance News | LeadStory

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Malawi battles forex shortage amid digital payment crisis

Malawi is struggling with a severe foreign exchange crisis, leaving banks unable to supply businesses with the forex they need. Online transactions using digital cards have become increasingly unreliable, forcing traders to seek costly a...

DW News

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Hong Kong fire survivors allowed brief return to collect belongings

Residents of Wang Fuk Court returned to salvage belongings from the only block left standing after last week’s devastating fire. Authorities continue a criminal probe as mourners gather near the charred complex, with over 30 people still...

Reuters

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Australian miner rally set to extend in 2026

Australia's mining sector could see more gains next year as trade risks ease and China's economy picks up. That could spur a more durable rotation into the sector, which is closely tied to the global economic outlook.

Bloomberg

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Are 'slop bowls' bad for business?

Americans are increasingly over the "slop bowl." Chipotle, Sweetgreen and Cava once stars of the restaurant industry are struggling as diners tire of all those pick-your-own ingredients piled atop rice or greens. Instead, lunchgoers are...

Bloomberg

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Investigation shows lack of oversight for charter schools

Classical charter schools have been rising in popularity across the country. They are funded by taxpayers and often tout a more traditional curriculum than regular public schools, but a CBS News investigation found there is limited overs...

CBS America

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Dell family pledges $6bn to fund savings accounts for 25m U.S. kids

Michael and Susan Dell have committed more than $6 billion to create savings accounts for 25 million children aged 10 and under in the United States, contributing $250 per child. The initiative, announced Tuesday, will be distributed thr...

CBS America

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Chinese maker of Bitcoin-mining machines may be a security threat

Bloomberg News reports that a Chinese manufacturer, Bitmain Technologies Ltd, that sells most of the world's Bitcoin-mining machines, including 16,000 of them to a venture backed by two of President Donald Trump's sons, has been the focu...

Bloomberg

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Stock market reacts after big Black Friday shopping season

Major stock markets ended in the red as December began, but spending among Americans during the Black Friday and Cyber Monday weekend was impressive. CBS News contributor J.D. Durkin has more.

CBS America

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Burry says Tesla shares are 'ridiculously overvalued'

Michael Burry called Tesla Inc. shares "ridiculously overvalued" and said shareholder dilution is set to continue after the proposed $1 trillion pay package for co-founder Elon Musk, according to a Substack post.

Bloomberg

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Crypto market gripped by fear, dip buying not kicking in

Almost $1 billion of leveraged crypto positions were liquidated during another sharp drop in prices on Monday that brought fresh momentum to a wide-ranging selloff. The market is on shaky ground after a weeks-long rout.

Bloomberg

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How to use price protection and match guarantees to your advantage

While promotions like Cyber Monday are often a way to save money on big-ticket items, there are some other ways to get even more bang for your buck this holiday season through "price matching" or "price protection."

CBS America

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Circular financing worries surround Nvidia

Fiona Cincotta, senior analyst from City Index, says worries around Nvidia's circular financing are here to stay as they announced a $2 billion investment in Synopsys. She speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Bloomberg

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A persistent demand for Bitcoin amid selloffs

Jalak Jobanputra, managing partner at Future\Perfect Ventures, says despite Bitcoin's selloff, there's still global demand for the cryptocurrency. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Bloomberg

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New investments push Trans-Caspian Corridor into its next phase

At the Tashkent Investors Forum, officials detailed new rail, port, and digital upgrades, stressing that coordinated reforms and harmonised border systems are essential for scaling the corridor.

Euronews

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These are the only EU countries where poverty rates have increased

General poverty levels have been falling across the bloc, but not everywhere.

Euronews

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Bitcoin slides gain as investors lose appetite for crypto

Bitcoin fell sharply on Monday, dipping below €75,000 per coin as the broader cryptocurrency market extended a steep decline that began after its record October peak.

Euronews

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Go behind the scenes to see how VISA thwarts scams as fraud increases

There have been nearly 1.5 million reports of fraud so far this year, which is up from 1.3 million for the same period last year. Ash-har Quraishi got a behind-the-scenes look at VISA's high-tech cyber fusion center in Virginia to see ho...

CBS America

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Most G7 countries clawing back funding to fight AIDS internationally

UN officials are warning that despite a stated goal to eliminate HIV/AIDS as a public health crisis by 2030, most G7 countries, including Canada, are pulling back funding as the U.S. cut its contribution entirely.

CBC News

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Millions at risk as ACA subsidy fight intensifies in Washington

The looming expiration of Affordable Care Act subsidies is triggering a fierce political showdown in Washington. Democrats warn that cutting government support would drive up insurance costs for millions of Americans who rely on subsidiz...

Scripps News

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More arrests made in Hong Kong as fire's death toll rises to 128

Hong Kong firefighters found dozens more bodies in an intensive search of a high-rise complex where a massive fire engulfed seven buildings, bringing the death toll to 128 with many more unaccounted for. Authorities arrested another eigh...

CBC News

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CME restarts most trading operations after outage

The Chicago Mercantile Exchange restored most trading operations after an hours-long outage stemming from cooling problems at a crucial data center disrupted multiple financial markets across Asia and Europe. Volume was light given the T...

Bloomberg

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Money-saving tips for Black Friday and this holiday season

With the holiday shopping season kicking off, smart shopping expert Trae Bodge joins "CBS Mornings" to give tips on how to find deals on Black Friday and throughout the season.

CBS America

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ETF demand reshapes municipal dynamics

Strong demand for municipal exchange-traded funds is shifting the state and local bond market's dynamics and masking flow trends. A single mutual fund conversion last week made what was actually an inflow look like nearly $1 billion in o...

Bloomberg

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New economic data shows plummeting consumer confidence

U.S. consumers felt less confident about the economy in November amid the government shutdown and inflation, new economic data shows. CBS News MoneyWatch correspondent Kelly O'Grady has more.

CBS America

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UK's Reeves hikes taxes in budget plan to boost fiscal buffer

Britain's government will have more than double its previous buffer for meeting its fiscal targets, due in large part to tax rises, according to estimates by the country's fiscal watchdog published on its website ahead of finance ministe...

Reuters

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Tips to stretch your dollar this holiday season

CBS News MoneyWatch correspondent Kelly O'Grady breaks down new data on the economy and how it impacts consumers searching for holiday deals.

CBS America

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Oct. 7 hostage families sue Binance, saying it helped fund Hamas

The families of October 7th victims are suing crypto firm Binance, saying it helped smooth the transfer of more than a billion dollars to the accounts of Hamas and other terror groups.

Scripps News

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Shutdown-delayed PPI report shows prices ticked up in September

The Producer Price Index report, delayed by the government shutdown, shows that prices ticked up in September. CBS News MoneyWatch correspondent Kelly O'Grady has more.

CBS America

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New economic data raises questions about another Fed interest rate cut

New data released Monday show how the shutdown impacted the economy in September and raised questions over whether the Federal Reserve will cut interest rates again before 2026. Kristin Myers, the ETF editor-in-chief for Asset TV, joins ...

CBS America

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How to spend health care dollars before year-end deadline

Don't lose your FSA money: How to spend health care dollars before year-end deadline.

Scripps Local