Economy

The Strait is open. The threat remains

For years, policymakers focused on one question: Will Iran build a nuclear weapon?

Trump Faces Uphill Battle to Replenish Oil Stockpiles Headed to Record Lows

President Donald Trump campaigned on refilling the United States’s emergency reserves of crude oil as soon as he returned to office, but roughly a year and a half into his second administration, the stockpiles are inching closer to multidecade lows.

Home warranty pros and cons: What to know

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

Here's How Much More Affordable a $40,000 Home Equity Loan Is Now Compared to 2025

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

DOJ greenlights Warner Bros. merger with Paramount

The Department of Justice greenlit a merger between Paramount Skydance and Warner Bros. Discovery, a move set to have major implications for the entertainment industry.

Justice Department Clears Way for Paramount Skydance to Buy Warner Bros. Discovery

Updated on: June 12, 2026 / 7:39 PM EDT / CBS News

Jim Cramer says it's not too late to buy SpaceX

CNBC's Jim Cramer said it's not too late to buy SpaceX if investors view the company as a long-term bet on space exploration.

Cramer's lightning round: Buy Constellation Energy

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Jim Cramer says SpaceX’s blockbuster IPO could have major implications for the week ahead

CNBC’s Jim Cramer said the successful debut of SpaceX could pave the way for more AI-related offerings and help create a more constructive backdrop for stocks.

How much money did Elon Musk make in SpaceX’s stock market debut?

He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation

SpaceX stock soars 19% on first day of trading following record-breaking $75 billion IPO

Updated on: June 12, 2026 / 5:11 PM EDT / CBS News

Paramount-WBD merger wins approval from DOJ

The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.