Last updated: 2026-01-24 05:24:20 ET
Many households can expect to pay more to cover groceries, heating, disrupted travel plans and insured losses due to the winter storm expected to hit the U.S.
The euro trims losses against the dollar after the preliminary German purchasing managers’ survey for January exceeded expectations.
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Asian shares and U.S. futures are higher after U.S. stocks rose, regaining more of their losses for the week
The three major averages jumped for a second consecutive session Thursday, with the Dow Industrials wiping out the week's losses.
Stocks rose on Thursday, extending their gains from the previous session after easing geopolitical fears sparked a broad-based market rally.
Asian shares have extended their losses while gold prices hit a record high as concerns over U.S. President Donald Trump’s tariff threats on Greenland fueled unease among investors
Asia-Pacific markets fell, mirroring overnight losses on Wall Street after President Donald Trump escalated rhetoric over Greenland.
The U.S. stock market suffered big losses on Tuesday following President Trump's threat to impose new tariffs on European allies over his bid to acquire Greenland. CBS News senior business and technology correspondent Jo Ling Kent has more.
Big pharma is grappling with new drug pricing deals and roughly $300 billion in potential lost revenue from patent expirations of blockbuster drugs.
