Economy

Switching jobs meant big raises just a few years ago—here’s what the pay bump looks like now

Pay increases for workers who switch jobs are now roughly a third of what they were at the peak of the pandemic hiring boom, a new study shows.

G7 energy ministers to meet Tuesday morning to discuss release of oil reserves, sources say

Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

Three bear markets in stocks were caused by oil shocks

As the fallout in the oil markets from the U.S.-Iran war continues, here’s what severe oil shocks have done to the S&P 500 in the past.

Cramer calls this AI stock 'a terrific story'

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

The $100 oil playbook: How pro investors are investing around this energy shock

Many say the focus now is on maintaining exposure to equities while diversifying across sectors and regions that can better withstand inflation and volatility.

Live Updates: Fear of U.S.-Israeli war with Iran will drag on sends stocks plunging and oil price soaring

Updated on: March 9, 2026 / 12:10 PM EDT / CBS News

Emmer urges calm as oil prices spike due to Iran war

House Majority Whip Tom Emmer (R-MN) urged calm on Monday after the price of crude oil surged due to fallout from the Iran war.

Jim Cramer says investors must walk this fine line as spiking oil prices hit stocks

Anything that dampens expectations of future corporate profits is problematic for the stock market.

Stocks down as oil prices soar amid war with Iran, hit four-year high

Oil prices have soared as the war against Iran continues on its 10th day, hitting $100 per barrel for the first time since July 2022. Kristin Myers, the ETF editor-in-chief for Asset TV, breaks down the economic impact. Salvatore R. Mercogliano, an adjunct professor at U.S. Merchant Marine Academy, breaks down where things stand with the Strait of Hormuz.

Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns

Live Nation, which owns Ticketmaster, reached a settlement with the Department of Justice over antitrust concerns.

How to consolidate credit card debt without hurting your credit this March

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Live Nation to open Ticketmaster to other sellers and pay $280 million to settle antitrust charges

Updated on: March 9, 2026 / 11:11 AM EDT / CBS News