Economy

CEO of $5B startup once took 'shortcuts' to grow business—until 'alarm bells' went off: Without change, we wouldn't 'have a company'

Faire risked never turning its sky-high valuation into sustainable business — until a moment that caused CEO Max Rhodes to change his approach, he says.

JPMorgan cuts official S&P 500 forecast, noting rising recession risk from oil shock

Dubravko Lakos-Bujas, the firm's head of global markets strategy, now expects the S&P 500 will end the year at 7,200, instead of 7,500.

The market remains heavily oversold, so we're snapping up more of 2 stocks

We don't typically see the Oscillator, our favorite market gauge, get this oversold

What is the South Pars gas field in Iran threatened by Trump?

An Israeli airstrike on the world’s largest natural gas field in South Pars, Iran, has raised fears of escalatory attacks on energy infrastructure across the Middle East.

Trump Gets Creative on Oil Prices as Crude Soars to $115 Per Barrel

The Trump administration is racing to find ways to stanch the run-up in oil prices driven by the war in Iran, as consumers feel the pressure of crude oil hitting $115 a barrel, reflected in higher pump prices.

‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy

Can a debt collector freeze your bank account after 7 years?

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What wage garnishment rules should borrowers know now?

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Switzerland risks the ire of the White House as it flags potential currency intervention

The Swiss National Bank said Thursday that it is growing increasingly willing to intervene in foreign exchange markets.

Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says: Reuters

QatarEnergy CEO Saad ​​al-Kaabi said two of Qatar's 14 LNG trains and one of its two gas-to-liquids facilities were damaged in the unprecedented strikes by Iran.

Corporate hospitals are driving up healthcare costs for the rest of us

Our healthcare system is supposed to work for patients, families, employers, and communities. But across the country, a growing number of federal antitrust lawsuits tell a troubling story. When large hospital systems gain too much market power and use restrictive contracts to block competition, health insurance premiums and out-of-pocket costs rise, and ordinary people pay the bill.

Surging U.S. gas prices could erase bigger tax refunds, analysis finds

Updated on: March 19, 2026 / 10:25 AM EDT / CBS News