Economy

What's Open and Closed on Juneteenth 2026? Find Out if Banks, USPS and Stores Are Operating.

Updated on: June 19, 2026 / 1:05 PM EDT / CBS News

From Chalamet to Messi, prediction markets are betting on celebrities to boost their brands

Updated on: June 19, 2026 / 12:45 PM EDT / CBS News

Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane

The U.S.-Iran deal has raised questions about how the Strait of Hormuz will be governed after the toll-free period ends.

The riskiest SpaceX stock trade of all had a big first week

SpaceX's IPO did not just mint the biggest debut in market history and a trillionaire, but it also triggered a historic land grab in risky leveraged ETFs.

29-year-old making $250k in tech went 'undercover' at a coffee chain before opening her own matcha cafe

Michelle Yeung wasn't happy in tech, despite earning $250,000 a year. Before opening Matcha House, she spent months learning the business.

Here are the most overbought and oversold names after a volatile week

Applied Materials and Citigroup were among this week's most overbought names, while Accenture and Fox Corporation were on the opposite side.

Struggling to find a job? Try looking in Nevada

The sparsely populated state known for its world-class casinos and dry climate has been a hiring hot spot.

Memory crisis hits such extremes that 'even Apple can't be safe'

Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an "unsustainable" memory shortage.

Bob Iger Reflects on 10 Years of Shanghai Disneyland as it Defies Chinese Pullback

Shanghai Disneyland hit 100 million cumulative visitors in 2025, according to the company. It's a relatively new but important foothold in Disney's history.

Gas prices: National average drops 56 cents in a month to $3.97 per gallon

The national average price for regular gas decreased again on Friday, dropping to $3.973 per gallon. It marked the fourth straight week that the national average price for a gallon of regular gas dropped in the U.S., and a 56-cent-per-gallon decrease in fuel costs over the last month.

Musk's SpaceX Stake Is Worth Over $1 Trillion. Here Are the Other Billionaire Shareholders

SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.

The internet has no idea what Elon Musk being a ‘trillionaire’ actually means

After the headlines broke revealing that Elon Musk has reached trillionaire status, one viral post dubbed the revelation “one of the most horrifying sentences written this century.” That an increase in an entrepreneur’s stock valuation on paper takes that title in the eyes of so many might come as a shock to all the recent victims of war, genocide, and famine. But it’s sadly indicative of the economic illiteracy underlying much of the online meltdown after Musk’s record-breaking valuation.