Economy

UK finance minister delivers economic update in the Spring Statement

liberal

UK finance minister delivers economic update in the Spring Statement

Economists didn't expect any major policy announcements as the government prioritizes its "Autumn Budget" as the main fiscal event of the year.

6 months ago

economy

Want a better job and a pay rise? Eleven ways to progress at work

liberal

Want a better job and a pay rise? Eleven ways to progress at work

Keep your boss happy, develop your ‘personal boardroom’, ask for honest feedback, don’t take the notes in every meeting and remember: no one gets promoted for inbox zero

6 months ago

economy

European stocks close 3% lower as Middle East conflict intensifies

liberal

European stocks close 3% lower as Middle East conflict intensifies

European stocks ended firmly in negative territory Tuesday as the geopolitical crisis in the Middle East continued to weigh on market sentiment.

6 months ago

economy

The Strait of Hormuz is facing a blockade. These countries will be most impacted

liberal

The Strait of Hormuz is facing a blockade. These countries will be most impacted

A closure of the Strait of Hormuz would send shock waves through global energy markets, but the pain would be felt most acutely in Asia.

6 months ago

economy

Target says it's on track to end its sales slump after another lackluster quarter

liberal

Target says it's on track to end its sales slump after another lackluster quarter

The big-box retailer Target posted its fiscal fourth-quarter results as it hosted an investor meeting at its Minneapolis headquarters.

6 months ago

economy

Gas prices are set to rise amid U.S.-Israeli war with Iran. Here's what you could pay at the pump.

liberal

Gas prices are set to rise amid U.S.-Israeli war with Iran. Here's what you could pay at the pump.

Updated on: March 2, 2026 / 8:11 PM EST / CBS News

6 months ago

economy

Strait of Hormuz Ship Traffic Slows to a Crawl. Here's What to Know About the Key Oil Waterway.

liberal

Strait of Hormuz Ship Traffic Slows to a Crawl. Here's What to Know About the Key Oil Waterway.

Updated on: March 2, 2026 / 8:10 PM EST / CBS News

6 months ago

economy

Energy Markets Face 'Heart Attack' as Gulf Infrastructure Targeted in Iran Conflict

conservative

Energy Markets Face 'Heart Attack' as Gulf Infrastructure Targeted in Iran Conflict

The escalating conflict in Iran is posing a significant risk to energy infrastructure across the Middle East and Persian Gulf, including crucial crude oil transit routes as well as facilities used to refine and produce oil and natural gas.

6 months ago

economy

How traders played Monday's comeback, and what they think will keep working during the turmoil

liberal

How traders played Monday's comeback, and what they think will keep working during the turmoil

Monday's trading action showed the historical precedent around geopolitical shocks holds true, and hinted at what investments could continue to work.

6 months ago

economy

Jamie Dimon says Trump’s $5 billion debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

liberal

Jamie Dimon says Trump’s $5 billion debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

The suit against JPMorgan, the world's biggest bank by market cap, and its CEO puts Dimon in an awkward position.

6 months ago

economy

Satellite Images Reveal Aftermath Of Drone Attack On Saudi Arabia’s Biggest Refinery

conservative

Satellite Images Reveal Aftermath Of Drone Attack On Saudi Arabia’s Biggest Refinery

Vantor's satellite imagery shows visible damage across multiple refinery structures, though the full extent of the disruption and physical destruction remains unclear.

6 months ago

economy

A gas shock – not an oil shock – from the Iran war looks more threatening

liberal

A gas shock – not an oil shock – from the Iran war looks more threatening

Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz

6 months ago

economy