Economy

U.S. Renews Russian Oil Waiver Amid Pressure Over Iran War Price Shocks

Lawmakers accused the government of going easy on Moscow as its war on Ukraine grinds on.

Central bank bosses enlist for war game to gauge threat of Lehman-style bust

Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bank

Who’d have thought a fossil-fuel shill like Trump would be the one to spark a green revolution?

The US attack on Iran has made the need for renewable energy inarguable. Environmentalists are now being seen for the pragmatists that they are

Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved

A federal judge has blocked a $6.2 billion merger of local television giants Nexstar Media Group and rival Tegna until an antitrust lawsuit is resolved.

Oil prices plummet after Iran says Strait of Hormuz is "completely open"

Updated on: April 17, 2026 / 8:12 PM EDT / CBS News

Jim Cramer on the market's 'remarkable' rally

Jim Cramer says this is one of the most "remarkable" rallies he's seen, and provides guidance for the week ahead.

Video Shows Ships Turning Away From Strait of Hormuz As Confusion Persists Over Whether Sea Lane Is Really Open

The Strait of Hormuz remained effectively closed despite Iran's declaration Friday that it is open, maritime freight and oil analysts told CNBC.

Spirit Airlines reached out to Trump administration for emergency bailout

April 17, 2026 / 6:13 PM EDT / CBS News

Airlines cut routes in response to rising jet fuel costs amid Iran war

Updated on: April 17, 2026 / 5:36 PM EDT / CBS News

These stocks reporting next week are seeing their earnings momentum rise

Stocks reporting earnings next week that are also seeing accelerating earnings momentum include Vertiv and Amazon.

Banks Weathered the Storm of the Iran War. How Did They Do It and Can They Keep Doing It?

Bank earnings confirmed one thing this week: The Iran war may be a geopolitical upheaval, but not a financial one. At least not yet.

Earnings poised to stoke confidence in a stock market that has rebounded to all-time highs. Here's what's ahead

The fast-moving developments on the warfront add to confidence in many parts of the Street that the bottom is in for equities.