Stocks are up, but consumer confidence in economy is down, CBS News poll finds – CBS News Watch CBS News Almost six in 10 Americans say the economy is in bad shape, according to a new CBS News poll. Stocks were up across the board on Tuesday though. Kelly O’Grady has more. Be the first … Read more
Why the Strait of Hormuz is critical for global oil supplies – CBS News Watch CBS News The intensifying conflict in the Middle East is raising new concerns about its potential impact on the oil and gas industry. Much of the focus is on whether Iran will close the Strait of Hormuz, a critical waterway … Read more
Oil prices drop after Iran attacks U.S. base in Qatar – CBS News Watch CBS News Oil investors backed off Monday after seeing Iran’s retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch correspondent Kelly O’Grady has the latest. Be the first to … Read more
Global economy reacts to U.S. strikes on Iran – CBS News Watch CBS News U.S. and global markets remained mostly steady following U.S. strikes on Iran’s key nuclear sites over the weekend. CBS News MoneyWatch correspondent Kelly O’Grady has the latest. Be the first to know Get browser notifications for breaking news, live events, and … Read more