Economy

Can the president bring down gas prices? Here are 5 options available to Trump.

Updated on: March 10, 2026 / 6:14 PM EDT / CBS News

New inflation data is set for release Wednesday. How to trade it

Traders see the February consumer inflation report as a major inflection point for their Federal Reserve outlooks.

Big market returns and active trading can bite investors at tax time. How to manage the hit

Last year brought a windfall for retail investors as the S&P 500 posted a 16% gain, but now the IRS will be taking its share of the winnings.

This real estate stock has been getting crushed this year. Why Josh Brown likes it

Rocket Companies is down about 20% year to date, but recent acquisitions suggest it may be due for a bounce, Josh Brown told CNBC.

Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon

Saudi Arabian state oil firm calls crisis by far the biggest the region has seen but firm can reroute 70% of exports and tap crude held in storage

Oil Prices Are Falling

Updated on: March 10, 2026 / 2:51 PM EDT / CBS News

White House: 'The U.S. Navy has not escorted a tanker or a vessel at this time'

Oil prices fell after Energy Secretary Chris Wright falsely claimed in a tweet that the U.S. Navy escorted an oil tanker through the Strait of Hormuz.

Here are 3 reasons why CrowdStrike is the kind of stock to buy during the Iran war

We've been urging investors to be selective during this period of market volatility.

Could tapping the Strategic Petroleum Reserve lower gas prices? Here's what experts say.

Updated on: March 10, 2026 / 2:28 PM EDT / CBS News

HSBC moves to 'max' overweight stocks, saying peak fear about Iran oil spike has passed

The firm's Max Kettner is confident the recent bout of selling since the start of the U.S.-Iran war will prove to be the same as in the early days of the Covid-19 pandemic.

Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair

Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.

Spain’s Wind-Farm Bargain

Renewable-energy projects can boost the economy of a rural town—if the community has a say in development.