Economy

This one major bank is safe from a private credit crisis, says top industry analyst

Mike Mayo noted that JPMorgan has had revenue growth roughly twice that of the industry this decade, reducing any need to stretch for riskier deals.

Live Updates: Iran's Supreme Leader Gives First Statement as Oil Prices Go Up, Markets Down

Updated on: March 12, 2026 / 12:16 PM EDT / CBS News

These charts show the size of Europe's defense boom, as companies take stock of the Iran war

Leonardo said Thursday that it is on "a path of strong growth," as defense companies see opportunities in the wars in Iran and Ukraine.

‘We make a lot of money’: Trump downplays rise in gas prices during Iran war

The US president says higher oil prices benefit the country as Iran war pushes petrol costs above $100 per barrel

Starbucks makes it into Josh Brown's Best Stocks list as turnaround gains steam

Josh Brown and Sean Russo take a look at the coffee giant and where it may go moving forward.

This is an 'overlooked tax break' for retirement savers

Spousal IRAs allow married couples to boost retirement savings. Here's who qualifies for the strategy.

What should you do if your bank account is frozen by a debt collector?

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

Wright says US aims to escort tankers through Strait of Hormuz by end of month

Energy Secretary Chris Wright said the U.S. Navy will seek to escort oil tankers through the Strait of Hormuz by the end of the month in an effort to prevent shortages from driving up prices.

Massive emergency oil release fails to stem investor fears as oil tops $100 a barrel

Updated on: March 12, 2026 / 11:12 AM EDT / CBS News

Strike on Thai tanker in Strait of Hormuz may be message to the U.S., analyst says

March 12, 2026 / 11:00 AM EDT / CBS News

'Winners Have Become Losers, Losers Have Become Winners'

The war in the Middle East is causing some investors to re-tilt their portfolios away from the 'Sell America' trade.

Trump pivots to celebrate rising oil prices: 'We make a lot of money'

President Donald Trump pivoted on concerns over rising oil prices, saying that it was poised to make the United States “a lot of money.”