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Stocks Rebound on Hopes Ceasefire Deal Holds | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Mexico threatens to ditch US gas
The country has signaled a shift toward domestic fracking as global energy prices soar due to the war in the Middle East Mexico is looking to tap unconventional natural gas deposits to boost energy sovereignty, President Claudia Sheinbaum has said, as global energy markets reel from the shock triggered by the US-Israeli war on Iran. The US’ southern neighbor is its biggest importer of natural gas, with the suppl...
Bond Traders Hedge Against More Losses as Inflation Data Looms
Investors in the $31 trillion Treasury market are going into a closely-watched report on consumer prices hedging against more losses in government bonds, as a fragile truce between the US and Iran takes hold.
Saudi Arabia says operational activities halted at several energy sites
Attacks on energy facilities cause a reduced supply and slow recovery, a Saudi official tells state news agency.
StubHub to pay $10M to settle FTC allegations over ‘deceptive’ ticket pricing
The consumer protection agency says the company violated the FTC Act and its Rule on Unfair or Deceptive Fees by "deceptively" advertising ticket prices on its website without clearly disclosing upfront what the total cost would be, including all mandatory fees.
Property taxes are surging. See what homeowners by state and county.
MoneyWatch Property taxes are rising faster than inflation. See what homeowners pay across the U.S. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Rep...
Capstone Is Said to Tap Scotiabank to Divest Mexican Copper Mine
Capstone Copper Corp. is looking to sell a copper mine in Mexico as it focuses growth efforts in Chile, adding to a recent spate of deal-making for the red metal, according to people familiar with the matter.
After data breach, $10B-valued startup Mercor is having a month
Six months ago, Mercor was flying high after raising a massive $350 million Series C that valued the AI data training startup at $10 billion. But after admitting on March 31 that it was the target of a data breach, the company has been facing a world of trouble. Since then, a hacker group has claimed to have obtained 4TB of stolen data from Mercor’s systems, including candidate profiles, personally identifiable information, employer data, source code, and API keys. Mercor has not commented...
Chile Pension Regulator Sets Limit on Swaps That Boosted Returns
Chile’s pension regulator set new risk-based rules limiting the use of derivatives by pension funds known as AFPs, tightening their scrutiny after foreign interest rate positions helped buttress returns but led to concerns about potential financial strain.
Which CD term is best this April? Here are the ones to consider now.
MoneyWatch: Managing Your Money Which CD term is best this April? Here are the ones to consider now. We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews....
Gold Advances as Traders Weigh Fragile Iran Ceasefire
Bloomberg Intelligence's Grant Sporre joins Caroline Hyde on "Bloomberg Markets." Gold advanced for a third day as traders weighed the prospect of a diplomatic resolution to the Iran war, even as ongoing tensions threatened to derail a fragile ceasefire. (Source: Bloomberg)
How can I settle my credit card debt with no money?
MoneyWatch: Managing Your Money How can I settle my credit card debt with no money? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits...
We're Living In a New Age of Economic Warfare Says Fishman
Wall Street traders paced a rebound in stocks as an oil rally waned after Israel agreed to direct talks with Lebanon, bolstering expectations that a US ceasefire deal will hold. The US and Iran prepared for peace talks in Pakistan after agreeing on a two-week ceasefire, though issues such as Israel’s offensive in Lebanon and the opening of Hormuz remain unresolved. Israeli Prime Minister Benjamin Netanyahu agreed to hold direct talks with Lebanon, with the focus on disarming Hezbollah. Preside...
US led ‘historic’ foreign aid decline in 2025 amid Trump cuts: OECD
A forum of top economies in Europe and Americas says aid from members declined 23 percent as humanitarian needs grow.
Saudi Output Capacity Cut 600,000 Barrels a Day by War
Saudi Arabia’s oil production capacity has been cut by nearly 600,000 barrels a day due to a spate of attacks on energy facilities, pipelines and refineries that cost the life of one citizen, the state news agency said.
Carney’s Rival Says He Must Help Homeowners in Indigenous Case
The political debate over a court ruling recognizing Indigenous land rights in the Vancouver area escalated on Thursday after Conservative Leader Pierre Poilievre urged the prime minister to intervene.
What happens if you switch banks after a levy or garnishment order?
MoneyWatch: Managing Your Money What happens if you switch banks after a levy or garnishment order? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she w...
NLB Joins Raiffeisen in Bidding Battle for Balkans Lender Addiko
Nova Ljubljanska banka d.d. said it plans to announce a purchase offer for shares in Balkans consumer lending specialist Addiko Bank AG, countering a similar proposal announced less than a day ago by Raiffeisen Bank International AG.
3 reverse mortgage questions seniors should be asking this April
MoneyWatch: Managing Your Money 3 reverse mortgage questions seniors should be asking this April We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com....
Modelo Owner Constellation Gives Softer-Than-Expected Outlook
Constellation Brands Inc. projected slower-than-expected growth for its beer business this year, renewing concern that declines in alcohol consumption have yet to hit their floor. Organic beer sales, which measure changes in sales volumes, are seen in a range of down 1% to up 1% in the company’s current year, Constellation said Wednesday. The range trails analysts’ average estimate for a 2.2% increase. While the guidance represents an improvement from the previous fiscal year, which ended Feb....