Economy

Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions

A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, experts say.

These stocks have thrived during past rate-hiking cycles. Bank of America says buy them now

The bank said quality stocks should "continue to lead given the likelihood of more Fed hikes," while value stocks have a chance to accelerate as profits grow.

Disney is raising prices for Disney+ and Hulu. See what the streaming services will cost.

September 23, 2026 / 2:59 PM EDT / CBS News

McDonald’s to take on KFC and rivals as Gen Z flock to fried chicken

Fast food giant aiming to increase share of global chicken market as rising cost of beef hits profits

Market sees next Fed hike in October, following Barr comments and hot inflation reading

S&P Global said its overall inflation measure hit its highest level since October 2022.

Nike Co-Founder Gives $1 Billion to University of Oregon in Historic Donation

Phil Knight and his wife, Penny, make the largest known donation to a public university to fund a new engineering school.

Social Security tax hike would be "financially impossible" for many, expert says

Updated on: September 23, 2026 / 2:30 PM EDT / CBS News

Mortgage Rates Top 7% for the First Time in More Than 2 Years

Updated on: September 23, 2026 / 10:28 AM EDT / CBS News

72% of Americans Would Slow Financial Progress to Enjoy Life Now, SoFi Survey Finds

SoFi found 72% of Americans are willing to make slower progress on financial goals to prioritize family, travel and meaningful experiences.

Typical job search advice isn't working in today's market. Experts' new rules for landing a role right now

AI and the economy are reshaping hiring. These are the new strategies for finding a job in today's tough market.

Many Americans Are Relying on Multiple Forms of Credit to Cover Expenses. When Is It a Warning Sign?

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10-year Treasury yield leaps to fresh 19-year high after hot economic readings

Treasury yields traded higher on Wednesday as new services and manufacturing sector data increased worry of further Federal Reserve rate hikes.