Economy

Massive emergency oil release fails to stem investor fears as oil tops $100 a barrel

Updated on: March 12, 2026 / 11:12 AM EDT / CBS News

Who qualifies for credit card debt forgiveness?

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Does Gold Investing Make Sense if Inflation is Steady? 3 Things to Consider Now

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Porsche to cut more jobs after costly reversal of electric car strategy

German carmaker has struggled with rising competition in China, a key market for European luxury brands

Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend

Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bn

The Guardian view on Adam Smith: he deserves rescuing from the free-market myth

On the 250th anniversary of The Wealth of Nations, the Scottish philosopher is still invoked by the right. Yet he worried about inequality, monopoly and the power of wealth