US Home Buyers 'Frozen' as Sales Slump over Iran War Fears

Slump in B.C. home sales blamed on sluggish economy and global conflict

The B.C. Real Estate Association says B.C. home sales slumped in March as the U.S. war in Iraq creates global instability.

Iran war helped freeze L.A.'s housing market. Some hope ceasefire will bring more sales

L.A.'s real estate market is historically cold, but some experts say the Iran ceasefire could stabilize mortgage rates and give buyers confidence to return to the market.

'Really dangerous': Chalmers reacts to IMF's recession warning as he heads to US

The treasurer said Australia was "better placed" than many countries but would not be immune from the economic fallout.

IMF warns about risk of global recession as Iran war impacts energy costs

The International Monetary Fund is warning about the risks of a global recession in its World Economic Outlook report as the U.S.-Israeli war with Iran impacts oil prices. CBS News business contributor Javier David has more.

China's exports grew 2.5% in March in sharp slowdown as Iran war raises uncertainty

HONG KONG — China’s exports grew 2.5 percent in March from a year ago, significantly slowing from the previous two months as uncertainties rose fro...

U.S. Treasury yields edge lower as Middle East conflict remains in focus

Treasury yields fall as investors keep a close watch on Middle East matters.