Economy

Could Trump suspend the federal gas tax as the Iran war continues?

President Trump said he could consider suspending the federal gas tax as the conflict in the Middle East continues. Barron's reporter Jacob Sonenshine joins CBS News with more.

Stocks tumble as Wall Street nears longest losing streak in nearly 4 years

Updated on: March 27, 2026 / 11:43 AM EDT / CBS News

Here are our top and bottom stocks over the past month. Not much green on the board

The stock market has spent the past month starved of good news.

1.4 million filers face tax refund delays amid IRS paper check phaseout

Many filers are facing tax refund delays amid the IRS push to phase out paper checks. Here's what to know if you receive a CP53E notice.

These Americans are quitting before AI can take their jobs—and starting their own businesses: 'I just wanted to be in control'

Americans are incorporating new businesses in record numbers, as AI sweeps across many U.S. workplaces. That's not a coincidence, some new entrepreneurs say.

This bargain fintech stock is stuck in a five-year rut. A turnaround is coming

After a recent acquisition, the company has renewed focus and increased scale. It also could see upside from strong cash flow and stock buybacks.

Are you judgment-proof? Here's what it means for credit card debt.

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What is the price of gold today: March 27, 2026?

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Consumer confidence tumbled in March as Americans worry about the Iran war's economic impact

March 27, 2026 / 10:58 AM EDT / CBS News

The key to this stock market is oil. Here's what investors need to consider

High oil prices create a difficult dynamic for companies, consumers, and investors.

Economist Nouriel Roubini: Trump is likely to escalate the Iran war

The economist and investor, known for calling the 2008 financial crisis, also said the “damage has already been done” to the economy.

Iran war fallout raises odds of a U.S. recession, economists say

March 27, 2026 / 10:31 AM EDT / MoneyWatch