Economy

What could happen to credit card rates now that inflation is holding steady?

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Have $10,000 to put into a 3-year CD? Here's how much interest you could earn now

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Saudi Arabia shuts down oil pipeline, blaming drones from Iraq

Riyadh has increased its use of the East-West pipeline since the start of the Middle East war to bypass the closure of the strait of Hormuz

Why data centers could be the next big market for catastrophe bonds

CAT bonds, or catastrophe bonds, could bring data center risk to capital markets, with the first dedicated deal potentially emerging within 12 to 18 months.

Oracle's Larry Ellison adopts trading plan to sell up to $7.5 billion worth of stock

Oracle founder Larry Ellison, the world's seventh-richest person, can sell up to 50 million of his shares in the software company under a new trading plan.

Inflation and the midterm elections

INFLATION AND THE MIDTERM ELECTIONS. On Friday, the Commerce Department released inflation figures for August, and what they show is … more of the same. The year-over-year inflation rate last month was 3.4%, a rate unchanged from July and one many analysts call “stubbornly high.”

Cramer: This market has eerie parallels with 2018. Here's what investors should do

CNBC's Jim Cramer sees parallels between today’s market and the fall of 2018, when rising rates and geopolitical tensions preceded a 20% S&P 500 sell-off.

Cramer’s week ahead: Falling oil could help stocks but Fed is the next big test

CNBC’s Jim Cramer said falling oil prices helped fuel Friday’s rebound, but warned next week’s Federal Reserve meeting will be the next test for stocks.

Saudi Arabia shutters key pipeline following Houthi offensive

Saudi Arabia on Friday moved to halt a key oil pipeline used to bypass the Strait of Hormuz after Iranian-backed Houthi militants launched a series of attacks the day prior, dealing another blow to the kingdom’s ability to move oil.

See how your income tax bracket could change for 2027

September 11, 2026 / 3:28 PM EDT / CBS News

A Fed hike next week seems certain after the latest inflation data. Here's what's ahead

The latest inflation data failed to soothe fears that pricing pressures will be coming down anytime soon.

Saudi Arabia shut down East-West crude oil pipeline after multiple attacks by drones from Iraq

Iran-allied Houthi militants in Yemen have escalated strikes on Saudi Arabia this week.