Economy

Hegseth Warns “Most Intense Day” Of Operation Epic Fury Imminent As IEA Plans “Largest-Ever” SPR Dump

Tehran responded with retaliatory strikes against Gulf neighbors.

Will releasing millions of barrels of oil stockpiles really bring down fuel costs?

Despite rare act of multilateralism, there is no guarantee the IEA’s release of 400m barrels from reserves will depress prices

Chubb set as main U.S. insurer for Persian Gulf shipping amid Iran war

The insurance giant will work with the U.S. International Development Finance Corporation to help backstop shipping.

‘The shine has been taken off’: Dubai faces existential threat as foreigners flee conflict

Tens of thousands of residents and tourists have left UAE since the US and Israel started bombing Iran two weeks ago, leaving beach bars, malls and hotels eerily empty

Nevada governor warns California climate altering threatens regional fuel

Nevada Gov. Joe Lombardo (R-NV) is warning that California’s climate policies could have ripple effects beyond its borders, cautioning that changes to the state’s oil regulations may threaten fuel supplies across the West.

Jim Cramer says Eli Lilly has checked the most important box as obesity pill approval looms

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

Stocks making the biggest moves midday: Oracle, Papa John's, Nebius, Campbell's, Serve Robotics, Cadre and more

These are some of the stocks posting the largest midday moves.

Inflation has broken the steady 60/40 portfolio. Bank of America gives other ways to diversify

The bank recommends adding exposure to emerging markets and international small-cap plays.

How much do debt settlement companies charge for their services?

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International Energy Agency to release 400 million barrels of oil in move to lower energy prices

Updated on: March 11, 2026 / 11:51 AM EDT / CBS News

We're buying the recent drop in a recession-resistant stock that started the year hot

After sitting on our hands Tuesday and awaiting further developments in the Iran war, we are putting some money to work

Former Starbucks CEO Howard Schultz leaves Seattle as local lawmakers mull millionaire tax

March 11, 2026 / 11:32 AM EDT / CBS News