Business

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Oil Rallies as Gulf Strikes Disrupt Global Supply

Oil prices climbed sharply late Sunday after U.S. and Israeli strikes on Iran and subsequent retaliatory attacks against Israel and U.S. military sites around the Gulf disrupted the flow of crude. Traders bet that...

How Iran Strikes Could Affect Oil and Gas Prices

A central concern is how strikes on Iran would influence global oil and U.S. gasoline prices. Oil trades on a worldwide market, so supply disruptions anywhere can push prices up everywhere. The most immediate...

Dow Surges Past 50,000 in Biggest Rally Since May

U.S. stocks staged a sharp comeback Friday as tech names recovered losses from earlier in the week and bitcoin steadied, producing the market’s biggest one-day gain since May. The Dow Jones Industrial Average climbed...

Companies Increasingly Cite AI in Layoff Notices

Updated Feb. 3, 2026 — When companies such as Pinterest and Dow announced layoffs recently, both pointed to a shift toward artificial intelligence as part of the rationale, reflecting a growing pattern of employers...

Early Look: Super Bowl 2026 Ads

Super Bowl LX on Feb. 8 — Seahawks vs. Patriots — is again the advertising event of the year. With 30-second airtime selling for roughly $10 million plus production and celebrity costs, many brands are pre-releasing...

Pinterest to Trim Staff, Shift Resources Toward AI

Updated on: January 27, 2026 / 2:00 PM EST / CBS News Pinterest said it will reduce its workforce by up to 15% this year to reallocate resources toward expanding its artificial intelligence capabilities. In a regulatory...