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World might have a bigger problem than a potential recession

The global economy is stuck in a rut that it won’t exit unless governments revolutionize policies and how they invest, rather than just hoping for a cyclical upswing, the OECD said.

Who was behind $26 million disappearing from paychecks?

Nicole Ingram was at the supermarket when she got a confusing text. Her payroll check for working as a nursing assistant in New Jersey, which had been deposited into her account, was being withdrawn. 

In America's most unequal city, top households rake in $663,000

Atlanta is the capital of U.S. inequality for the second year in a row, according to a Bloomberg analysis of large American cities with a population of at least a quarter-million.

Here are some things millionaires actually can't afford

These are a few things some millionaires actually can’t afford. Veuer’s Natasha Abellard has the story.

Snowboard pioneer Jake Burton Carpenter has died

Jake Burton Carpenter, the founder of Burton Snowboards, helped rocket snowboarding into the mainstream.

How BlackBerry went from controlling the smartphone market to a phone of the past

BlackBerry controlled 50% of the smartphone market in the US and 20% globally at one time. Despite being one of the first smartphones, it failed to innovate and became complacent in how the smartphone market was changing. There was an updated iPhone every year, and other smartphones, like the Motorola Droid, began to hit shelves, while BlackBerry struggled to add new features that appealed to consumers.

Charles Schwab is in talks to buy TD Ameritrade, source says

Charles Schwab is in talks to buy TD Ameritrade, a source told CNBC on Thursday. The move would consolidate an industry that's been going through massive disruption. CNBC's Becky Quick reports.

Little cheer for Beaujolais Nouveau as US tariffs guzzle profits

The city of Lyon celebrated "Beaujolais Nouveau" Day on Thursday, the annual tradition of uncorking the world-renowned wine, a month after the Trump administration put 25% tariffs on French winemakers. Ciara Lee reports.

Nearly 9 million millennials expect to be permanent renters, survey says

Many Americans in their 20s and 30s may have given up on the dream of homeownership. Nearly half of millennial renters say they have not saved a dime for a down payment to buy a home. CBS News Business Analyst Jill Schlesinger joins "CBS This Morning" to discuss why many millennials could be permanent renters and what it means for the housing market.

Democrats spar over Medicare for All

Democratic presidential hopefuls Sen. Elizabeth Warren, Sen. Bernie Sanders and former Vice President Joe Biden drew stark distinctions between their different proposals during the fifth debate. Warren and Sanders made a case for Medicare for All, but Mr. Biden argued that the next president should “build on Obamacare.”

Electric revs up at LA Auto Show, Defender too

The electric car craze dominated discussions at the LA Auto Show in Los Angeles on Wednesday, with Audi and Karma Automotive following Ford in debuting new models in the fast-growing market. David Pollard reports.

Billions in federal taxes are never collected

About 15% of taxes every year aren't collected, the IRS estimates. Here’s what makes up that "tax gap" -- and how simply auditing more wealthy people could fill it.

Bethenny Frankel sold her Soho loft for $4 million – take a look inside

Take a look inside "The Real Housewives of New York" star and Skinnygirl founder Bethenny Frankel's former Soho loft.

Opinion: Chick-fil-A concedes to the culture warriors

Under political pressure, the chicken chain cuts off the Salvation Army and The Fellowship of Christian Athletes. Image: Mike Stewart/Associated Press

Eco-power or greenwashing? The world of carbon offsets

As brands such as easyJet jump on the carbon offset bandwagon, green groups accuse the sector of using the scheme to try to buy out of the problem cheaply. Here's a breakdown of the issue.

These people own the most land in America

While over a quarter of all land in the United States is owned by the federal government, vast swaths of the country are owned by just a handful of individuals and families.