Stocks rally, oil dips below $100 a barrel as investors signal hope for swift end to Iran war

Stocks recovered from an earlier drop on Monday amid investor hopes that the U.S. and Iran could ease tensions despite an American military blockade on the Strait of Hormuz. Stocks…

Trump administration has vowed to escort oil tankers through Strait of Hormuz. How would that work?

With oil markets paralyzed by the war between the U.S. and Iran, the Trump administration is weighing a military operation to escort ships through a vital maritime chokepoint — a…

Average tax refund is nearly 11% higher so far this year, IRS data shows

Early tax filers are enjoying bigger refunds compared to the same time last year, according to the latest figures from the Internal Revenue Service. As of Feb. 6, 2026, tax refunds…

Are you a homeowner? Here are some of the tax deductions you might qualify for this tax season.

As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it’s worth itemizing or sticking with the…

Gold prices just reached a record high. Here’s what’s behind the surge.

Gold prices soared above $4,400 on Monday to reach a new all-time high, as analysts pointed to rising geopolitical tensions and softer monetary policy as key drivers of the surge.…

A Chinese humanoid robot walked 66 miles in 3 days, right into the Guinness World Records

Shanghai — A Chinese robot has stepped into the Guinness World Records after completing a three-day, 66-mile trek, the longest reported distance ever walked by a humanoid machine. The AgiBot A2,…

Federal food aid will not go out starting Nov. 1 amid government shutdown, Trump administration says

The U.S. Department of Agriculture has posted a notice on its website saying federal food aid will not go out on Nov. 1, raising the stakes for families nationwide as…

Electronic Arts, video game company behind “The Sims” and “Madden NFL,” to be acquired in $55 billion deal

Video game company Electronic Arts (EA), known as the maker of the “The Sims” and “Madden NFL,” is being acquired in a $55 billion deal. The California-based company said Monday…

What’s open and closed on Labor Day 2025? See what stores, banks and other businesses are operating today.

Millions of Americans will be enjoying their down time on Labor Day as another summer season comes to a close.  If you need to make a quick run to the…

As Trump announces new tariffs, here’s a price tracker for cars, groceries and more supplies

Key takeaways from Trump tariff announcement Biggest takeaways from Trump’s tariff announcement 09:56 CBS News is tracking the rising cost of products, including those most likely to be impacted by…