Economy

The Job Market Is Thawing

The pace of hiring is slowly emerging from stasis—emphasis on slowly.

Next week's inflation data just got even more important. Here's what's ahead for the market

Investors will now laser in on any signs that the central bank could hike interest rates against a backdrop of a buoyant stock market.

Gas prices fall below $4 on average after Trump’s signing of Iran deal to end war

Drivers feel some relief but prices still a dollar more per gallon overall since before US-Israel attack on Iran

High interest rates are on pause again. This is the savings account you should avoid.

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Bears step up bets against high-yield sector, shaking up bond traders

The iShares iBoxx High Yield Corporate Bond ETF (HYG) saw elevated put volume on Thursday.

Gas prices fall below $4 a gallon for the first time in nearly 3 months

Updated on: June 18, 2026 / 3:27 PM EDT / CBS News

Cuba expands permits in emergency economic plan

The Cuban Communist Party approved an emergency economic reform package on Thursday aimed at opening parts of the island’s tightly controlled economy as the government grapples with a deepening economic crisis and renewed pressure from the United States.

Trump administration temporarily cuts student loan interest rates for borrowers on autopay

The Trump administration announced it will offer federal student loan borrowers who sign up for autopay a larger interest rate discount.

The average SpaceX buyer post-IPO is almost under water after two-day slide

Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.

The Fed just paused interest rates again. Here are 3 affordable ways you can still borrow money.

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Wall Street recovers from Fed slump, and the next step for Amazon's AI chip ambitions

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Kalshi traders see greater than 50% odds the Fed will hike rates this year

The Federal Reserve suggested higher rates could be in the cards, and traders on Kalshi see growing odds of a hike in 2026.