Latest in Europe’s heading for a recession as the U.S. consumer buckles, strategist warns
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U.S. warns Israel to boost Gaza aid or risk losing weapons funding
The Biden administration has warned Israel that it could lose access to U.S. weapons funding if it doesn't increase the amount of humanitarian aid entering Gaza in the next 30 days. CBS News ...Top stories - CBS News - October 16 -
What to know about the humanitarian crisis in Gaza amid U.S. warning to Israel
Avril Benoit from Doctors Without Borders, which has teams on the ground in Gaza providing medical assistance, speaks with "CBS Mornings" about the humanitarian crisis amid the war.Top stories - CBS News - October 16 -
Israel Allows Some Aid Into Gaza After U.S. Threatens to Withhold Military Aid
There was no official response from the Israeli government, a day after the United States threatened consequences if it didn’t let more relief into Gaza within 30 days.World - The New York Times - October 17 -
Israel launches new strikes in Beirut despite U.S. warning
The Biden administration said it opposed Israel's recent tactics against Iran-backed Hezbollah in Lebanon, but the airstrikes keep coming.Top stories - CBS News - October 16 -
IDF resumes strikes in Lebanon as U.S. warns Israel to let aid into Gaza
Israeli jets resumed strikes over Beirut's southern suburbs Wednesday morning amid warnings from the White House that Israel needs to increase the amount of aid entering Gaza or risk losing access ...Top stories - CBS News - October 16 -
U.S. Indicts 2 Linked to Oct. 7 Cyberattack on Israeli Warning System
The Justice Department has accused two Sudanese brothers of cyberattacks on U.S. infrastructure as well as preventing possibly lifesaving alerts from reaching Israelis as the Hamas attack unfolded.World - The New York Times - October 18 -
Israel Steps Up Attacks Near Beirut, Despite U.S. Warnings
Israel carried out a series of strikes near the Lebanese capital on Saturday, killing two people fleeing a vehicle on a busy highway. Defense Secretary Lloyd J. Austin warned Israel to scale back ...World - The New York Times - October 20 -
North Korean troops fighting Ukraine will be 'fair game,' U.S. warns Putin
SEOUL, South Korea — Some 12,000 North Korean troops will be sent to Russia, a key United States ally said Thursday, vowing it “will not stand by and do nothing” in the face of this significant ...Politics - NBC News - October 24 -
German finance minister warns of retaliation if U.S. kicks off trade war
German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation.Business - CNBC - October 25 -
Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist
The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...Business - The Wall Street Journal - October 25 -
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - October 30 -
U.S. Spy Agencies Issue New Warning on Russia’s Election Misinformation Campaign
Three recent videos have sought to undermine confidence in the security of the vote.Top stories - The New York Times - November 1 -
Estée Lauder’s stock heads for record selloff after profit warning, dividend cut
Consumer sentiment in China worsened, driving weak prestige beauty and Asia travel retail sales.Business - MarketWatch - October 31 -
Lebanon’s Hospitals Buckle Amid Israel’s Offensive Against Hezbollah
The United Nations says “the targeting of health and relief operations is broadening” in Lebanon. Hospitals say they have been forced to close or are struggling to operate.World - The New York Times - October 15 -
Democratic strategist on the party's economic message
A CBS News exit poll found that 45% of voters felt that their financial situation was worse than it was four years ago. Hyma Moore, the former director for the office of Democratic National ...Top stories - CBS News - 5 days ago -
U.S. oil prices log biggest weekly drop in a year as demand concerns persist
Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...Business - MarketWatch - October 18 -
10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
A U.S. fiscal crisis would happen incredibly quickly — and there’s no way to predict when, says head of budget watchdog
The U.S. fiscal backdrop is “structurally unsound,” but no one knows when or if financial markets might force change, says president of the bipartisan Committee for a Responsible Federal Budget.Business - MarketWatch - October 24 -
Top U.S. Officials Head to Middle East to Try to Jumpstart Cease-Fire Talks
William Burns, the C.I.A. director, is making a last-ditch attempt to move Gaza talks along before U.S. elections next week.World - The New York Times - October 31 -
A Battered HamasCharts PathWithout Its Chief Strategist
After Yahya Sinwar’s death, the Palestinian militant group must craft a new blueprint in its war with Israel.World - The Wall Street Journal - October 18 -
For investors, 'there are a number of reasons to be bullish,' JPMorgan strategist says
J.P. Morgan Asset Management's Jordan Jackson is forecasting markets will bounce back by the end of the year.Business - CNBC - October 24 -
Former GOP strategist: Election was a ‘thorough a‑‑kicking for Democrats’
Former Republican strategist Mark McKinnon said the election was a “thorough a‑‑kicking" for Democrats and argued it may be the wake-up call the party needed. “I think maybe the only good news of ...Politics - The Hill - Yesterday -
U.S. gives Israel an ultimatum: Improve the situation in Gaza, or we may restrict military aid
The Biden administration has warned it may restrict military aid to Israel if the humanitarian situation in Gaza doesn't improve in 30 days.Top stories - NBC News - October 15 -
U.S. Warns Israel of Military Aid Cut if Gazans Don’t Get More Supplies
The demand from Israel’s closest ally came amid reports that the humanitarian catastrophe in the Gaza Strip has grown still worse in recent weeks.World - The New York Times - October 15 -
Extremists inspired by conspiracy theories pose major threat to 2024 elections, U.S. intelligence warns
U.S. intelligence agencies have identified domestic extremists with grievances rooted in election-related conspiracy theories, including beliefs in widespread voter fraud and animosity toward ...Politics - NBC News - October 28 -
Next U.S. president shouldn't surrender America's energy dominance, TotalEnergies CEO warns
TotalEnergies CEO Patrick Pouyanne said he would be surprised to see the next U.S. president lose the country's competitive advantage in energy.Business - CNBC - November 4 -
Small fraction of essential aid is entering Gaza, U.N. warns ahead of U.S. deadline
As Israel faced a U.S. deadline to ramp up access to aid in Gaza on Tuesday, leading humanitarians were warning that only a fraction of the desperately needed help was reaching the Palestinian ...Top stories - NBC News - 4 hours ago -
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Georgia dock collapse: witness says gangway buckled from ‘too much weight’
Daisy Hicks, 84, observed victims waiting for ferry using walkers and wheelchairs before plummeting into water. A woman who says she witnessed a dock collapse in Georgia that killed seven ...World - The Guardian - October 22 -
Why gold is a key asset in recession-proof portfolios
Think a recession is coming? Here's why you may want to buy gold.Top stories - CBS News - October 23 -
The economy avoided recession. And then it sped up. Here’s why.
The U.S. recession that was supposed to happen now appears to have become the economic expansion that just won’t end.Business - MarketWatch - October 24 -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - October 29