Stocks sink as oil prices sizzle and U.S. hiring fizzles
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
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Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
The time change known as daylight savings starts Sunday, March 8, 2026. Most Americans lose an hour of sleep when clocks "spring forward."
"I just want to know what happened," Rachel Reyes told CBS News during her first TV interview since the death of her son, Ruben Ray Martinez, a U.S. citizen shot and killed by an ICE agent in Texas last year.
Bernard LaFayette, the advance man who did the risky groundwork for the voter registration campaign in Selma, Alabama, that culminated in the passage of the Voting Rights Act of 1965, has died.
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The Texas Republican admitted Wednesday that he had a relationship with the staffer, who later died by suicide.
Americans are now paying an average of $3.246 per gallon, up 26 cents since last week and the highest level since April 2025.
Austin Police Chief Lisa Davis played surveillance video and police body cam video.
Ivan Miller, 22, has been arrested and is in custody after authorities in Utah found three women's bodies in two locations.