Economy

Average tax refund is 11.2% higher, latest IRS filing data shows

The average tax refund is 11.2% higher this season, according to the latest IRS filing data. Here's what taxpayers need to know.

Iran Had a Doomsday Weapon All Along

Control of a vital waterway gives Tehran the deterrence power it’s always wanted.

‘Too far, too fast’: Some investors warn the market's rally may not last

On CNBC's "Halftime Report," some traders cautioned that the rebound in stocks might be getting too hot, and a pullback could be near.

Here's what we like about our two newest additions to the Bullpen watchlist

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Goldman says buy these dividend-paying energy stocks with upside potential

The firm called out a slate of buy-rated stocks that offer a combination of dividends and potential price appreciation.

Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold

Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.

Oil price drops below $90 a barrel after Iran says Strait of Hormuz is open

Gas price also falls and markets rise amid hopes Donald Trump will succeed in reaching deal with Tehran

How much interest can a $10,000 CD account earn now vs. April 2025?

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We took a boat into the Strait of Hormuz. Here's what we saw.

April 17, 2026 / 1:04 PM EDT / CBS News

Jim Cramer says investors will soon 'gravitate' back to this megacap stock

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

Bank of America's Michael Hartnett backs these two trades to play lower rates, 'AI war'

The bank's chief investment market strategist made the case for the trades in his weekly market note.

Stocks making the biggest moves midday: Royal Caribbean, Exxon Mobil, Critical Metals, Netflix & more

These are the stocks posting the largest moves midday.