Economy

Can you qualify for credit card debt forgiveness if your wages have been garnished?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

Europe has only six weeks’ supply of jet fuel left owing to Iran war, says energy chief

There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA

$12,000 CD vs. $12,000 high-yield savings vs. $12,000 money market account: Here's which will earn the most now

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

What to know about CBP launching portal for tariff refunds

Customs and Border Protection is preparing to launch a new online portal to process what could amount to as much as $175 billion in tariff refunds to businesses after the tariffs were deemed illegal.

29-year-old is scaling back her six-figure career to run a local bookstore with her husband: It's an 'intrinsic' part of the community

Paola Merrill needed a change after finding success as a content creator. In 2025, she and her husband bought the Trail's End Bookstore.

Stock markets rally despite Iran war fears

Investors appear to be looking beyond current fears linked to the Iran war. CBS News' Jill Schlesinger reports.

Trump administration set to launch tariff refund portal. Here's what to know.

Updated on: April 16, 2026 / 10:49 AM EDT / CBS News

What is the price of gold today: April 16, 2026?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

World's biggest chocolate maker issues profit warning as cocoa prices collapse; shares plunge 17%

Swiss chocolate maker Barry Callebaut on Thursday lowered its operating profit outlook, citing supply concerns and industry overcapacity.

ECB keeps markets guessing on rates with two weeks to go, warns of ‘layer cake of shocks’

One policymaker said officials were worried about a "layer cake of shocks."

Eye Opener: Trump says Iran war may end soon, but official warns of impact on gas prices

A key Trump administration official says gas prices could remain high for months even as President Trump says the Iran war may end soon. Plus, Spirit Airlines might be forced into liquidation as fuel prices rise. All that and all that matters in today's Eye Opener.

What are today's mortgage interest rates: April 16, 2026?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.