Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

Stocks surged on Tuesday, with the S&P 500 closing up 2.9% while the Nasdaq rose 3.8% and the Dow gained 1,125 points. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. But this very good day capped off what was a very bad month for U.S. equities. The S&P … Read more

The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.

Surging oil prices continue to ripple through the global economy due to the war with Iran. Now, some analysts are saying the worst could still be ahead as the conflict drags on. The concern is that beyond immediate knock-on effects from rising gasoline prices, the war’s disruption could come in waves — ones that will … Read more

The ripple effect of the Iran war on struggling U.S. farmers: “It couldn’t have come at a worst time”

Vinton, Iowa — Lance Lillibridge of Vinton, Iowa, has been farming his whole life, and says he’s worried for this year’s spring planting. “It couldn’t have come at a worst time,” Lillibridge told CBS News of the Iran war. The war has led to skyrocketing diesel and fertilizer prices. Lillibridge says the prices are piling onto an … Read more

Worst Hawaii flooding in 20 years leaves some homes in mud as recovery begins:

O’ahu resident Melanie Lee saw what’s left of her house for the first time on Monday after the worst flooding Hawaii has seen in two decades turned parts of the islands’ emerald communities into mud.  “We’ve been here almost 20 years. I lost … We lost everything,” Lee told CBS News. “My children’s pictures. Just … Read more

Hawaii suffers its worst flooding in 20 years and forecasters warn more rain is coming

HONOLULU — Hawaii suffered its worst flooding in more than 20 years as heavy rains fell on soil already saturated by downpours from a winter storm a week ago, officials said Friday while warning that still more rain was expected during the weekend. Muddy floodwaters smothered vast stretches of Oahu’s North Shore, a community world-renowned … Read more