Economy

'It's not sustainable': US farmers reeling as Iran war pushes fertilizer costs up

liberal

'It's not sustainable': US farmers reeling as Iran war pushes fertilizer costs up

Closure of strait of Hormuz – a key fertilizer production and transportation route – has squeezed farmers as prices jump

5 months ago

economy

Trump is right to waive the Jones Act. Congress should eliminate it entirely

conservative

Trump is right to waive the Jones Act. Congress should eliminate it entirely

The Iran war has caused “the largest supply disruption in the history of the global oil market,” according to the International Energy Agency.

5 months ago

economy

Banks eye three ECB rate hikes this year as former Governor says he sees no stagflation

liberal

Banks eye three ECB rate hikes this year as former Governor says he sees no stagflation

Brokers now expect the ECB to hike interest rates this year as the specter of higher inflation and lower growth piles pressure on central banks to act.

5 months ago

economy

Gold drops nearly 10% in worst weekly rout since 2011

liberal

Gold drops nearly 10% in worst weekly rout since 2011

The metal saw bumpy trading on Friday morning, after joining a broad sell-off the previous day.

5 months ago

economy

One Last Biden FTC Lawsuit Threatens Bulk Discounts Americans Depend On

conservative

One Last Biden FTC Lawsuit Threatens Bulk Discounts Americans Depend On

For millions of people trying to stretch a paycheck, warehouse stores such as Costco and Sam’s Club are lifelines. Families rely on bulk discounts to keep grocery bills manageable and household costs under control.

5 months ago

economy

Iran war's effect on interest remains a looming unknown

conservative

Iran war's effect on interest remains a looming unknown

For a second meeting in a row, the Federal Reserve has decided to keep the benchmark interest rate constant, which directly influences short-term interest rates throughout the economy.

5 months ago

economy

Treasury yields climb as bonds sell off and fear grows that Fed rate cuts are off the table

liberal

Treasury yields climb as bonds sell off and fear grows that Fed rate cuts are off the table

U.S. Treasury yields jumped on Friday as investors anticipated inflationary pressures resulting from the Middle East war.

5 months ago

economy

European stocks finish lower as oil rises and investors bet on rate hikes

liberal

European stocks finish lower as oil rises and investors bet on rate hikes

Shares listed in Europe opened in the green before closing Friday's session in negative territory.

5 months ago

economy

The Iran war is sending shockwaves through the world's busiest IPO market

liberal

The Iran war is sending shockwaves through the world's busiest IPO market

Market volatility and geopolitical tensions have choked liquidity in India’s IPO market, forcing high-profile companies to hit pause.

5 months ago

economy

FCC Approves Nexstar's Purchase of Tegna, Creating Broadcast Giant Hours After Lawsuits Sought to Block Deal

liberal

FCC Approves Nexstar's Purchase of Tegna, Creating Broadcast Giant Hours After Lawsuits Sought to Block Deal

Updated on: March 19, 2026 / 9:37 PM EDT / CBS/AP

5 months ago

economy

What's Going on With the IRS?

liberal

What's Going on With the IRS?

The Trump administration's budget cuts are looming over Tax Day.

5 months ago

economy

U.S. oil producers could get $63 billion boost from high crude prices, analysis shows

liberal

U.S. oil producers could get $63 billion boost from high crude prices, analysis shows

Updated on: March 19, 2026 / 5:41 PM EDT / CBS News

5 months ago

economy