Latest in Europe’s heading for a recession as the U.S. consumer buckles, strategist warns
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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 -
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 - 2 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 -
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 -
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 -
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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 -
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 - 4 days ago -
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 -
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...World - ABC News - October 17 -
New calls for Congress to return from recess for hurricane relief funding
There is a new wave of calls for Congress to come back from recess and approve a new round of hurricane relief funding with the Small Business Administration out of money for new disaster relief ...Top stories - CBS News - October 17 -
Polls show an election that could be the 'closest since Bush v. Gore'
There are few predictions about the November election, let alone the kind of consensus views that defined the final days of the last four presidential campaigns.Top stories - NBC News - October 19 -
Trump backs Congress returning from recess to pass hurricane relief
Former President Trump on Monday said he would be in favor of Congress returning early from recess to pass additional aid following Hurricane Helene. “I would be in favor of it, yeah. This is a ...Politics - The Hill - October 21 -
"Mornings Memory": A look back at 1990's quirky recession
In this fun "Mornings Memory," we revisit a hands-on illustration from 1990, where large and colorful balls were used on CBS This Morning to explain the complexities of supply and demand during a ...Top stories - CBS News - October 22 -
A Key Corner of Wall Street Is Pricing in a Trump White House and No Recession
Bond traders have responded to strong economic data by lowering their forecasts for Fed rate cuts.Business - Inc. - October 23
