News from the economy, politics and the financial markets
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Average tax refund is 11% higher, latest IRS filing data shows
The average tax refund is about 11% higher so far this season, compared with about the same period in 2025, according to IRS filing data.
Social Security 2027 cost-of-living adjustment estimate rises with gas prices
New government data shows the pace of inflation has increased, pushing up one estimate for the Social Security cost-of-living adjustment for 2027.
Earnings season could finally give the stock market some good news. Here's what's ahead
Given a strong earnings backdrop, investors have been optimistic that companies can weather an energy shock — so long as there is a quick resolution to the war.
We're raising our price targets for 4 stocks and cutting them for 2 others
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Iran's speaker says negotiations with U.S. can't start without Lebanon ceasefire, asset release
President Trump is frustrated by Iran continuing to throttle most shipping traffic through the Strait of Hormuz, the world's most important oil route.
Former Sen. Ben Sasse shines the spotlight on a possible breakthrough for pancreatic cancer
Former Sen. Ben Sasse is taking Revolution Medicines' daraxonrasib, which has shown promise as a treatment for pancreatic cancer.
Merck shares are forming a bullish chart pattern, and a breakout could be on the horizon
The pharmaceutical giant is a standout performer within the health-care sector, and the stock could be poised for a big jump.
White House warned staff against Iran war bets on prediction markets
The warning came after a flurry of unusual activity on oil and stock futures markets shortly before President Trump said he would pause attacks on Iran.
Michael Burry says he's still betting against Palantir after Trump post boosts stock
The investor of the "Big Short" fame said he continues to hold long-dated put options on the artificial intelligence software firm.
Stocks making the biggest moves midday: Palantir, Marvell, CoreWeave, Zscaler & more
Here are the names making headlines in midday trading.
'Social Security scam' searches surge — why identity protection matters now
With an identity protection service, you'll be alerted right away when something is wrong.
Ireland gridlocked by fuel protests as Iran war drives prices higher
Protestors are taking issue with the government's response to the spike in fuel prices since the onset of the Iran war.
What's at stake ahead of crucial U.S.-Iran peace talks as leaders meet in Pakistan
Already, Tehran has accused Israel of violating the terms of the ceasefire, as the IDF continues to attack Hezbollah in Lebanon.
Here's the inflation breakdown for March 2026 — in one chart
The Iran war has pushed up gasoline, airline fares and other prices for consumers.
Consumer sentiment hits record low, inflation fears rise amid Iran war
The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds
BlackRock's Jeffrey Rosenberg has a leading role in the firm's liquid alt ETFs — which use a long-short strategy in ETF wrappers.
Artemis II astronauts hurtle home from moon toward splashdown
NASA’s four Artemis II astronauts return to Earth after a historic moon mission, with Orion set for Pacific splashdown shortly after 8 p.m. ET.
Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations
Europe's Airport Industry said if the Strait of Hormuz doesn't reopen "systemic jet fuel shortage is set to become a reality for the EU."
Meta must face youth addiction lawsuit by Massachusetts, court rules
The decision follows a landmark trial in which a jury found Meta and Google negligent for designing social media platforms that are harmful to young people.
China's Xi invokes 'threat' of Taiwan independence in first cross-strait opposition talks in a decade
Xi Jinping hosted Taiwan's main opposition leader in Beijing for the first time in a decade, ahead of a high-stakes meeting with Trump in May and Taiwan's presidential election in 2028.
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