Economy

Trump orders release of 172M barrels of oil from strategic reserve

The United States will release 172 million barrels of oil from the Strategic Petroleum Reserve at the request of President Donald Trump as part of a coordinated international effort aimed at stabilizing energy markets amid the war in Iran.

Asia-Pacific markets fall as Iran war continues to fuel oil volatility

Asia-Pacific markets fell Thursday as investors grappled with volatile oil prices and escalating tensions in the Middle East.

Trump administration takes steps to impose new tariffs, announcing investigations into key trading partners

March 11, 2026 / 7:31 PM EDT / CBS News

Shipping disruptions spread beyond oil: Helium, sulfur, and semiconductors

The pause in shipping through the Strait of Hormuz is creating economic disruptions beyond the oil and natural gas markets, affecting the shipment of goods and commodities needed for semiconductors, fertilizer, and more.

Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs

The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.

Nike lands an 'unconventional upgrade' from Wall Street. Why we're still believers too

Jim Cramer says Nike is still worth owning because CEO Elliott Hill's turnaround efforts have shown signs of progress.

Social Security 2027 cost-of-living adjustment forecast may rise with high oil prices

The Social Security cost-of-living adjustment for 2027 may be 1.7% to 2.8%, according to new estimates. But that could increase if inflation climbs higher.

Trump admin to announce trade investigations, aimed at replacing IEEPA tariffs: Reports

The Supreme Court, in a 6-3 ruling, said President Trump was not authorized by the International Emergency Economic Powers Act, IEEPA, to impose tariffs.

FTC to Refund Over $47 Million to Consumers Allegedly Deceived by Invitation Homes

March 11, 2026 / 4:14 PM EDT / CBS News

Private credit could be the next crisis on Wall Street. How worried should investors be?

Goldman Sachs said roughly 80% of the direct lending market is held in vehicles that typically don't allow investors to redeem capital on demand.

Trump will decide whether U.S. participates in IEA release of oil reserves, Interior Secretary says

The IEA is group of 32 advanced economies primarily in Europe, North America and northeast Asia. The U.S. is a member of the organization.

These fixed-income assets can provide some cushion from AI disruption-driven market swings

Asset-backed securities could provide investors some protection as artificial intelligence disruption fears shake up the market.