Iran said it targeted three oil tankers using an unauthorized route through the Strait of Hormuz, as well as a number of US-linked ships, in retaliation for American attacks on Iranian tankers over the weekend.

Six months after a conflict that rattled markets and pushed the Gulf to the brink of a wider war, the tide may be turning against Iran as Washington unleashes an unprecedented economic offensive to achieve what military force could not.

U.S. Central Command says it destroyed three Iranian oil tankers after Iran fired missiles at two U.S. Navy war ships

A day after President Trump called the conflict with Iran “small potatoes,” U.S. forces struck multiple Iranian tankers. Iran says it’s striking back, aiming at three vessels tied to the U.S. The escalation in the Middle East comes as oil prices rise and the midterms move closer.

The U.S. labor market grew by 162,000 jobs in August, according to a new report from the Bureau of Labor Statistics. CBS News business producer Emily Pandise has more.

The US labor market showed unexpected strength in August, with 162,000 jobs added, surpassing economists' predictions.

New government data smashes economists' expectations as 162,000 were added to the U.S. economy in the latest jobs report.

A panel discusses the stronger-than-expected August jobs report, high energy costs and the growing number of Americans who identify as working class and more on ‘The Bottom Line.’

Most Americans don’t seem to want a trade war with Canada. A recent Ipsos-Reuters poll shows the tariffs are unpopular in the United States, and they’re not rushing to call Lake Ontario ‘Lake America’ either.

President Trump on Wednesday touted a last-minute breakthrough in trade talks with Canada before new 50 percent tariffs were set to take effect this week, claiming there are no longer any tariffs for U.

Trump's latest warning also comes amid a broader effort by his administration to use tariffs as leverage in trade negotiations.

The US may be the bigger trading partner, but Canada shouldn't be counted out quite yet in the escalating trade fight.

Advocacy group The Senior Citizens League’s latest estimate predicts the 2027 COLA will be 3.6%. The COLA was 2.8% in 2026, 2.5% in 2025, and 3.2% in 2024. It was 8.7% in 2023, as post-COVID inflation reached its peak.

Mark Oct. 14 on your calendar. Social Security COLAs are based on data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the months of July, Au

But in 2022, 2023, and 2024, Social Security COLAs came to 5.9%, 8.7%, and 3.2%, respectively. So it's easy to see why this year's 2.8% raise just didn't cut it for many retirees. The good news is that current estimates are pointing to a larger Social Security COLA in 2027.

One of the most anticipated announcements of the year for Social Security's more than 71 million traditional beneficiaries (retired workers, workers with disabilities, and survivo

President Donald Trump’s preferred monetary policy is simple. Is the economy sluggish? Cut interest rates. Is it heating up? Also cut interest rates. Now there’s a new addendum: If his handpicked Federal Reserve chair won’t play ball,

The president said he could halt trade between the United States and countries with which it has a trade deficit if the central bank doesn’t do his bidding.

US President Donald Trump has threatened to halt trade with certain countries should the US Federal Reserve fail to ease its monetary policy. "LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH

President Donald Trump threatened on Friday to prevent the US from trading with many nations unless the Federal Reserve lowers interest rates.