Economy

Lawmakers float gas-tax break, commuter deduction to ease pressure of high prices at the pump

With affordability ranking as a major issue ahead of the Nov. 3 midterm elections, lawmakers are introducing bills to reduce the cost of gasoline and diesel.

Climate risk is reshaping muni credit

Some local governments are issuing municipal bonds to protect against climate risks. Here's where Nuveen sees opportunity.

Not sure if you'll have kids? Prioritize saving in these 3 accounts, says financial planner

Not sure whether kids are in your future? A CFP explains how HSAs, Roth IRAs and brokerage accounts can preserve financial flexibility.

Diesel prices just hit a new record. Would a U.S. export ban bring relief?

September 22, 2026 / 2:19 PM EDT / CBS News

Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says

Republican lawmakers have called for an export ban as high diesel prices hit farmers and truckers ahead of the November midterm elections.

Bank of America says Brent crude oil could top $150 a barrel if Iran war disruptions persist

Analysts at the Bank of America have raised their outlook if Iran war continues to escalate

What could happen to your family's finances without life insurance?

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No New Stock Highs, No Problem: Options Traders Bet They're Coming in These Names

Options activity shows traders anticipate fresh highs are around the corner for a handful of names.

Trump Discloses More Than 1,100 July Trades, Including Up to $25 Million Each in Sales of Microsoft, Amazon

Trump sold tech stocks including Amazon and Microsoft when the Mag 7 stocks popped on July 20, adding $291 billion in market value in one day.

EU to AI businesses: Invest in America, not Europe

The U.S. economy has grown at nearly double the rate of the EU economy over the past 10 years. Per capita U.S. gross domestic product is now around 85% higher than the European Union average. U.S. GDP now stands at $32.5 trillion, and EU GDP at just below $23.1 trillion.

$2.5 Billion Amazon Prime Settlement Update: See If You Qualify for a $200 Payout and Learn How to Cancel Unwanted Subscriptions

Under a revised FTC order, more Amazon users qualify for a refund and the maximum payout has been raised from $51 to $200.

September surge or October offload? Jobs experts weigh in on this fall’s hiring trends

The "September surge" might boost hiring this fall, but the Fed rate hike could slow down the job market. Here's what experts say to do.