Economy

As gas prices surge, consumers search for other savings

The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. In Killeen, Texas, it's up $1.28, which comes to about $90 more every month for Charles Rice to fill up his truck.

Goldman Sachs says AI and energy resilience are creating a North-South divide in Asian markets

North Asian markets are outperforming South Asian markets, supported by stronger fiscal ability and AI developments, Goldman said.

Gen Z struggling to keep up with high cost of living, survey finds

Adulting can be expensive, and a new survey shows Generation Z is having trouble keeping up. Will Smayda, head of financial centers at Bank of America, joins to unpack the data.

Asia markets fall as Treasury yields climb and Iran tensions linger

Asia-Pacific markets fell on Wednesday as investors weighed elevated bond yields and renewed geopolitical tensions.

Wednesday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session

The major averages slid on Tuesday, with the S&P 500 falling for a third session, as Treasury yields rose.

SpaceX Picks Goldman Sachs for Lead Left Position on Record-Breaking IPO, Sources Say

SpaceX has picked Goldman Sachs to lead what's expected to be a record-setting IPO.

S&P 500 Futures Little Changed as Traders Await Nvidia’s Earnings: Live Updates

Chipmaker and AI darling Nvidia will report first-quarter earnings after Wednesday's closing bell.

U.S. Accuses Chinese Execs, Shipping Container Companies of Price Fixing During Pandemic

Updated on: May 19, 2026 / 4:52 PM EDT / CBS News

Is the teen summer job a thing of the past?

A summer job was once a seasonal tradition for millions of American teenagers looking to earn some pocket money and get a taste of the working world.

Fed to hike? When traders see a rate increase coming

Traders on prediction market platforms see increasing odds that an interest rate hike from the central bank comes by July 2027.

Citi says it's the best buying set-up in this metal in 50 years

Aluminum prices are set to surge to average $4,000 per metric tonne in the second half of 2026, the bank said.

Turn to dividend growth stocks to cushion your portfolio in a selloff, Trivariate Research says

The firm called out these stocks as solid dividend growers at a time when the search for defensive plays has changed.