Economy

Warren Buffett: Cash is necessary 'like oxygen'—but it's 'not a good asset'

By the time Warren Buffett stepped down as Berkshire Hathaway CEO, the company held a record amount of cash while he hunted for attractive deals.

Art and classic car auctions top $600 million despite Iran war

Experts say the global turmoil may have even helped demand for rare collectibles, as the wealthy search for safe, long-term stores of value.

Middle East war creating ‘largest supply disruption in the history of oil markets’

Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling markets

The conditions are just right for this dividend-paying pharma stock as it mounts a comeback

This darling of the Covid era has given back considerable gains in recent years, but it could be on the verge of a turnaround.

Here's a shopping list of 5 stocks to buy in this sharply oversold market

This is when we like to pounce.

Stocks making the biggest moves midday: Lucid, CF Industries, Royal Caribbean, Petco & more

Here are some of the stocks making headlines in midday trading.

Why 2 of our favorite stocks are sliding

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

Who qualifies for credit card debt forgiveness?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

This one major bank is safe from a private credit crisis, says top industry analyst

Mike Mayo noted that JPMorgan has had revenue growth roughly twice that of the industry this decade, reducing any need to stretch for riskier deals.

Live Updates: Iran's Supreme Leader Gives First Statement as Oil Prices Go Up, Markets Down

Updated on: March 12, 2026 / 12:16 PM EDT / CBS News

These charts show the size of Europe's defense boom, as companies take stock of the Iran war

Leonardo said Thursday that it is on "a path of strong growth," as defense companies see opportunities in the wars in Iran and Ukraine.

‘We make a lot of money’: Trump downplays rise in gas prices during Iran war

The US president says higher oil prices benefit the country as Iran war pushes petrol costs above $100 per barrel