Latest in Oil prices buoyed by weaker U.S. dollar, rise in gasoline demand
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Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - 6h -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - 2d -
Oil prices resume slide, ending lower as tariff fears spark stock-market tumble
Oil futures ended lower Monday, dragged down by fears rising global trade tensions could spark a recession or a slowdown as U.S. equities suffered their worst day of 2025.MarketWatch - 2d -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - 4d -
DOJ investigates U.S. egg producers amid soaring prices
The Department of Justice is investigating major U.S. egg producers for price fixing, as costs continue to rise. It comes as some lawmakers and advocacy groups accuse top U.S. egg producers of ...CBS News - 2d -
Oil ends higher, a day after tariff-induced recession fears pulled prices to 6-month lows
Oil futures finished higher Tuesday, a day after ending at six-month lows as fears of a global economic slowdown from rising trade tensions prompted a global selloff for equities and other assets ...MarketWatch - 1d -
Gold investing pros and cons to know as the price rises
Gold's price is on the rise. Is it still worth it to invest in the precious metal? Here are the pros and cons.CBS News - 2d -
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 10h -
Euro and pound rise against dollar amid ‘Trumpcession’ fears
US currency has lost all the gains it enjoyed since Trump won election and hits lowest level since mid-October. Business live – latest updates The euro and the pound have risen against the ...The Guardian - 1d -
China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says
Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.CNBC - 14h -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 2d -
Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.CNBC - 2h -
Egg prices expected to rise amid continued bird flu outbreaks
Egg prices are expected to continue going up as farmers across the country deal with outbreaks of bird flu. The USDA is working to reimburse farmers who have to kill and replace their chickens. ...CBS News - 3d -
Justice Department investigating egg pricing allegations, sources say
The Department of Justice is looking into the rising price of eggs based on an advocacy group's allegations of skyrocketing prices, sources say. CBS News' Jake Rosen has more.CBS News - 2d -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - 20h -
U.S. border patrol agent demanded women expose breasts to gain entry to country
A former border patrol agent pleaded guilty to two civil rights violations on Friday for demanding women expose their breasts to be admitted into the U.S., according to officials.NBC News - 1d -
US port operators turn to automation
Terminals increasingly look to robots amid rising demandFinancial Times - 1d -
Blue State Lawsuits Against Oil Companies Can Move Forward
Blue states are suing Exxon Mobil and other oil companies. The U.S. Supreme Court rejected a bid by red states to block the suits.Inc. - 2d -
US-flagged oil tanker collides with container ship in North Sea
A U.S.-flagged oil tanker has collided with a Portuguese container ship in the North Sea, north of England, with both ships catching on fire, according to officials.ABC News - 2d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 3d -
Trump’s ‘drill, baby, drill’ agenda could keep the world hooked on oil and gas
The US president is making energy deals with Japan and Ukraine, and in Africa has even touted resurrecting coal. Donald Trump ’s repeated mantra of “ drill, baby, drill ” demands that more oil and ...The Guardian - 14h -
US oil tanker and Portuguese cargo ship collide in North Sea
A Portuguese cargo ship struck an oil tanker that was carrying fuel for the U.S. military off the English coast on Monday, sparking explosions, a frantic rescue mission and concerns of a possible ...NBC News - 1d -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 3d -
February consumer price index report shows slight inflation improvement
New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...NBC News - 12h -
One Person Missing After Oil Tanker and Container Ship Collide in the North Sea
A container ship hit a stationary U.S.-flagged oil tanker on Monday, forcing the crews to abandon ship. A search for a missing crew member ended Monday night.The New York Times - 1d -
New York support for congestion pricing rises as Trump moves against policy: Poll
Support for New York Gov. Kathy Hochul’s (D) congestion traffic pricing in New York City has ticked up as President Trump moved to revoke the policy, according to a new survey. The Siena College ...The Hill - 2d -
Measles on the rise in U.S. with infections reported in 15 states
Measles is spreading across the country at an increasingly alarming rate. Health officials are reporting cases of the highly infectious disease in more than a dozen states. CBS News' Omar ...CBS News - 2h -
States Shift Policy, Create Financial Incentives to Draw Power Plants
Demand for electricity is rising as the artificial intelligence race speeds up.Inc. - 3d -
Live Updates: Trade Fight Widens as Europe and Canada Retaliate Against Trump Tariffs
As President Trump’s global tariffs on metals took effect, the European Union and Canada announced billions of dollars in levies on American goods. Economists worried that the trade war could over ...The New York Times - 11h -
Trump’s energy chief says US shale can ‘drill, baby, drill’ at low oil price
Chris Wright claims industry can raise output even if crude falls to $50 a barrel as administration has suggestedFinancial Times - 2d -
Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - 11h -
Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu
A lot goes into the production of eggs — and with the Trump administration’s tariff policies potentially affecting costs for chicken feed and equipment, bird flu isn’t the only reason U.S. ...MarketWatch - 5h -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - 5d -
Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'
Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.CNBC - 9h -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 1d -
Is the new inflation data a good sign for the U.S. economy?
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 5h -
WATCH: Container ship collides with anchored US oil tanker sparking inferno
A cargo ship collided with an anchored U.S. tanker carrying jet fuel off the east coast of England in the North Sea on Monday, causing a massive fire and fuel spill, officials said.ABC News - 1d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - 1d -
Rescue operation underway after U.S. tanker hits container ship off U.K. coast
A U.S. oil tanker has collided with a cargo ship off the coast of England in the North Sea, prompting a major rescue mission, officials say. CBS News' Ian Lee reports.CBS News - 2d -
Oil tanker and cargo ship collide, causing fiery explosion
A Portuguese cargo ship carrying sodium cyanide hit a U.S. tanker loaded with military jet fuel off the coast of England, triggering multiple explosions, setting both vessels on fire and sending ...CBS News - 2d