Economy

How steel tycoon Andrew Carnegie redefined wealth

Dame Louise Richardson, president of Carnegie Corporation of New York, on Andrew Carnegie's rise and why wealth carries responsibility in America.

Leon Cooperman's Omega Builds Stake in This Mortgage Lender

Cooperman bought more than $375 million worth of shares in the Detroit-based mortgage provider during the fourth quarter of last year.

Iran partially closes Strait of Hormuz, a vital oil choke point, as Tehran holds talks with U.S.

Iranian state media reported the partial closure of the Strait of Hormuz on Tuesday for military drills in the waterway.

Danaher is tapping the M&A well yet again. But we might have had enough

Danaher shares fell on the news that it was acquiring medtech player Masimo.

Is Lululemon coming apart at the seams? Here's why the brand is losing its flex.

February 16, 2026 / 2:11 PM EST / CBS News

Average tax refund is nearly 11% higher so far this year, IRS data shows

Updated on: February 16, 2026 / 2:19 PM EST / CBS News