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Thursday, April 02, 2026 8:13 AM ET

CBS News - Business

Live - Oil prices rise after Trump insists the Iran war is going to plan - One market analyst says Trump warning the Iran war will take 2-3 more weeks, without a plan to reopen the Strait of Hormuz, "was far less than" investors had hoped for. updated 4M ago

6 minutes ago

Higher gas prices have cost drivers an extra $8.4 billion, Democrats say -- With gasoline topping $4 a gallon, it now costs almost $145 to fill up a Ford F-150 pickup truck, a new analysis finds.

1 hour ago

Americans say this is their "magic number" to retire comfortably -- Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.

14 hours ago

How high could oil and gas prices go if the Strait of Hormuz remains closed? -- "The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.

15 hours ago

Hershey says it will shift back to classic Reese's recipe after backlash -- Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.

19 hours ago

Elon Musk's SpaceX files confidential initial public offering, reports say -- The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.

18 hours ago

Will the Iran war slow U.S. hiring? Economists say risks are rising. -- With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.

19 hours ago

Jamie Dimon says rejecting capitalism is "dead wrong" in CBS News interview -- JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.

1 day ago

Gas prices hit $4.06 a gallon before Trump's prime-time address -- U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.

22 hours ago

Jamie Dimon: JPMorgan could offer prediction market services to investors -- The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space. -- Mar 31

14 hours ago

Is this April a good time to open a HELOC? 3 benefits of acting now -- Is it smart to open a HELOC this month? Here are three timely benefits homeowners should know about now.

16 hours ago

What borrowers should consider before tapping into their home equity this April, experts say

16 hours ago

HELOC rates are closing in on the 6% range. Here's what a $20,000 HELOC costs monthly now.

2 days ago

What happens if you don't respond to a debt lawsuit? -- Ignoring a debt lawsuit won't make it go away, but it can make things significantly worse. Here's what's at stake.

17 hours ago

How much of your paycheck will you actually lose to wage garnishment?

17 hours ago

Best debt relief companies, plus advice borrowers need to know now

9 months ago

How much will $18,000 earn in a CD this year (and is it worth opening)? -- Considering an $18,000 deposit into a savings account? Here's how much you'd earn with a CD by the end of the year.

19 hours ago

$75,000 CD vs. $75,000 money market account: Which will earn more interest in 2026?

22 hours ago

Will CD interest rates rise this April? 3 things experts say to consider now

19 hours ago

Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs -- CBS News is tracking the rising cost of products most impacted by tariffs imposed​ and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.

1 year ago

MoneyWatch price tracker shows how much food, utility, housing costs are rising -- These charts track prices consumers pay for groceries and other goods now compared to five years ago.

11 months ago

Americans saving less for retirement - that's a "warning sign," experts say. -- Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.

1 day ago

$100,000 in Social Security benefits? New proposal would cap them. -- With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.

7 days ago

Record share of Americans are tapping 401(k)s for hardship withdrawals -- More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.

27 days ago

More U.S. employees are hugging tight to their jobs. Here's why. -- More employees are clinging to their positions in a trend known as "job-hugging." That's making it harder for job-seekers to find work.

30 days ago

College majors with the highest earnings potential and lowest jobless rates -- A college degree still provides an edge when it comes to finding a good job, but a person's major may be just as important to career stability, research suggests.

1 month ago

Some job-seekers are paying thousands of dollars just to land an interview -- "Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.

1 month ago

Senate takes first step toward ending DHS shutdown after House GOP reverses course -- House GOP leaders have reversed course and agreed on a plan to reopen most of the government while pursuing additional funding at a later date.

24 minutes ago

DNC and top Democratic leaders sue Trump over mail-in voting executive order -- A coalition of major Democratic groups sued the Trump administration, seeking to strike down an executive order that would exert more federal influence over mail-in voting - including by creating lists of citizens who are eligible to vote.

2 hours ago

Trump admin. lifts sanctions on Delcy Rodriguez, Venezuela's acting president -- The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.

11 hours ago

Federal government appealing order releasing 5-year-old from immigration custody -- The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.

11 hours ago

Warship sunk by British fleet, remains of sailor found after 225 years -- Thousands were killed and wounded during the Battle of Copenhagen, considered one of Adm. Horatio Nelson's "great battles."

57 minutes ago

Stolen 2,500-year-old golden helmet has been found, art sleuth says -- Robbers used firework bombs to break into the Drents Museum in 2025, stealing the 5th-century BC golden Helmet of Cotofenesti and three gold bracelets.

1 hour ago

Magnitude 7.4 earthquake strikes off Indonesia's coast, killing 1 person -- Indonesia, a vast archipelago of more than 280 million people, sits on major seismic faults and is frequently hit by earthquakes​.

2 hours ago