Economy

Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs

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Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs

The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.

8 months ago

Nike lands an 'unconventional upgrade' from Wall Street. Why we're still believers too

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Nike lands an 'unconventional upgrade' from Wall Street. Why we're still believers too

Jim Cramer says Nike is still worth owning because CEO Elliott Hill's turnaround efforts have shown signs of progress.

8 months ago

Social Security 2027 cost-of-living adjustment forecast may rise with high oil prices

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Social Security 2027 cost-of-living adjustment forecast may rise with high oil prices

The Social Security cost-of-living adjustment for 2027 may be 1.7% to 2.8%, according to new estimates. But that could increase if inflation climbs higher.

8 months ago

Trump admin to announce trade investigations, aimed at replacing IEEPA tariffs: Reports

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Trump admin to announce trade investigations, aimed at replacing IEEPA tariffs: Reports

The Supreme Court, in a 6-3 ruling, said President Trump was not authorized by the International Emergency Economic Powers Act, IEEPA, to impose tariffs.

8 months ago

FTC to Refund Over $47 Million to Consumers Allegedly Deceived by Invitation Homes

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FTC to Refund Over $47 Million to Consumers Allegedly Deceived by Invitation Homes

March 11, 2026 / 4:14 PM EDT / CBS News

8 months ago

Private credit could be the next crisis on Wall Street. How worried should investors be?

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Private credit could be the next crisis on Wall Street. How worried should investors be?

Goldman Sachs said roughly 80% of the direct lending market is held in vehicles that typically don't allow investors to redeem capital on demand.

8 months ago

Trump will decide whether U.S. participates in IEA release of oil reserves, Interior Secretary says

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Trump will decide whether U.S. participates in IEA release of oil reserves, Interior Secretary says

The IEA is group of 32 advanced economies primarily in Europe, North America and northeast Asia. The U.S. is a member of the organization.

8 months ago

These fixed-income assets can provide some cushion from AI disruption-driven market swings

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These fixed-income assets can provide some cushion from AI disruption-driven market swings

Asset-backed securities could provide investors some protection as artificial intelligence disruption fears shake up the market.

8 months ago

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

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

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8 months ago

Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend

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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

8 months ago

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

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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

8 months ago

Oil still rules the stock market

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Oil still rules the stock market

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

8 months ago