Analysts warn oil prices could keep climbing as Iran war intensifies
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
Economy
3 reasons the Federal Reserve's interest rate pause is worrying investors
Fed Chairman Jerome Powell used the phrase "we don't know" at least 14 times during his press conference. Investors are nervous.
Here's how much U.S. families need to make to feel economically secure
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
Economic uncertainty fuels Fed's rate decision
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, citing economic uncertainty, including potential impacts from the war in Iran. CBS News coordinating producer Richard Escobedo has the details.
Oil prices edge lower after news of Iraq deal
Oil prices edged slightly lower on Wednesday as markets reacted to news of a deal between Baghdad and Erbil that would resume oil exports out of Iraqi Kurdistan. Megan Leonhardt, a senior writer for Barron's, joins with more.
Goldman warns of Iran war's economic repercussions
Since the start of the Iran war, gas prices have increased by 27%, and diesel prices have increased by 34%. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins to examine the potential impact of the war on the overall economy.
Open: "Face the Nation," March 15, 2026
This week on "Face the Nation with Margaret Brennan," amid new strikes from Israel and Iran in the Middle East, Margaret Brennan speaks to Iranian Foreign Minister Abbas Araghchi and Trump economic adviser Kevin Hassett. Plus, Rep. Dan Crenshaw and Sen. Mark Warner join.
War in Iran squeezing U.S. oil supply
The economic risks of the war in Iran are getting real for Americans at home. Stock markets ended the week down again as the conflict dragged on. This as U.S. crude oil costs are pumped up. Andres Gutierrez has more on the energy shock.
How to avoid tax season scams
"CBS Saturday Morning" offers tips for avoiding scams this tax season.
Strait of Hormuz becomes Iran war focal point
Iran continues to harass vessels in the Strait of Hormuz, and the prospect of U.S. naval escorts appears more likely. But when that would occur remains a mystery. CBS News' Matt Gutman and Aaron MacLean have the latest.
Economic growth late last year was much weaker than previously thought
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
U.S. sees rounding problem as pennies dwindle
Months after the U.S. minted its last penny, Americans are experiencing a shortage of the one-cent coin. CBS News reporter Kati Weis has the details on how some states are working on legislation to address the rounding issue in cash purchases.
How rising diesel prices may affect inflation
For American drivers, the cost of the war with Iran is already showing up at the pump. But there's a bigger warning light flashing for the economy: diesel. Kelly O'Grady explains.
Iowa farmer on fertilizer prices amid Iran war
The Fertilizer Institute says the war with Iran is disrupting the fertilizer supply chain and pushing prices up roughly 30% in the past few weeks. Lance Lillibridge, a farmer in Vinton, Iowa, joins CBS News to discuss the impact he's seeing.
Trump touts economic agenda and Iran war
President Trump on Wednesday made stops in Ohio and Kentucky to promote his economic agenda ahead of this year's midterm elections. He also addressed the Iran war and rising gas prices. The cost of oil has already had an impact on some businesses. Weijia Jiang reports.
Expert: Strait of Hormuz "nightmare scenario"
The Strait of Hormuz sees roughly 20% of the world's oil flow through it, and tankers are stalled on both sides of the narrow chokepoint amid suspected Iranian drone attacks, rattling oil markets. Mike Sommers, president and CEO of the American Petroleum Institute, joins "The Takeout" with analysis.
Adam Smith on Iran war: "The costs are high"
Rep. Adam Smith of Washington state, the ranking Democrat on the House Armed Services Committee, opposes the war in Iran and wants Congress to be much more involved in policymaking. Smith joins "The Takeout" with his perspective.
Suspected Iranian attacks in Strait of Hormuz
Suspected Iranian drones hit at least three ships in and around the Strait of Hormuz overnight as fighting in the vital shipping lane escalates. CBS News chief correspondent Matt Gutman reports from Tel Aviv, Israel.
IEA to release 400 million barrels of oil
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
February inflation numbers hold steady
February's CPI report shows inflation held steady. Erin Delmore, a geoeconomics correspondent, joins to break it down.
Sponsored
Best ways to use your tax refund
CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about how to best utilize your tax refund. The IRS says it has already received more than 51 million returns. (Sponsored by Edward Jones)
Pressure to reopen Strait of Hormuz
The pressure to reopen the Strait of Hormuz is intensifying, along with the rhetoric around it from the U.S. and Iran. Matt Smith, an analyst at the data firm Kpler, joins to discuss.
Stock market volatility amid Iran war uncertainty
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
The economic cost of war in Iran so far
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
Markets plunge amid oil supply fear
Stock markets plunged on Monday as the price of oil hit more than $100 per barrel for the first time since July 2022. Noam Raydan, a senior fellow at the Washington Institute for Near East Policy, joins with more.
Live
Fate of Senate funding deal looks uncertain as DHS shutdown grinds on
Senate Democrats are still pushing for reforms to ICE on Day 40 of the DHS shutdown and plan to put forward a counteroffer. Follow live updates.
Live
Iran mocks Trump, rejects points suggested by U.S. for peace talks
Iran's state media say the regime has rejected points suggested by the Trump administration as the basis of a potential peace deal.
Exclusive
A security warning, buried: How a classified TSA report stalled inside DHS
An internal watchdog report in the Department of Homeland Security identified serious vulnerabilities in TSA's screenings at airports nationwide .
Savannah Guthrie gives first interview since mom vanished: "It is unbearable"
Savannah Guthrie said her family is in agony as she made a tearful plea for someone "to do the right thing" nearly two months after Nancy Guthrie disappeared.
We asked every lawmaker in Congress what they're doing to end the DHS shutdown
Lawmakers and President Trump appear to be edging closer to a framework to wrap up the Department of Homeland Security shutdown — but a breakthrough has remained out of reach. CBS News contacted every House and Senate office to ask what they're doing to end the shutdown.
Shock, disbelief at Houston airport as 36% of TSA officers call out: "Insane"
"This is the first time I've experienced something like this in my entire life," one traveler said as TSA lines snaked through George Bush Intercontinental Airport.
Exclusive
Husband of U.S. soldier killed in Kuwait on what her service meant
The Minnesota mom of two and U.S. soldier was days from returning home from her tour in Kuwait when she was killed in an Iranian strike.
Supreme Court sides with internet provider in dispute over pirated music
The Supreme Court ruled that internet service provider Cox Communications cannot be held liable for copyright infringement by its subscribers.
Mikaela Shiffrin wins record-tying 6th overall World Cup skiing title
The 31-year-old American matched Austrian downhill great Annemarie Moser-Pröll, who won her six titles in the 1970s.
U.S.
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Supreme Court sides with internet provider in dispute over pirated music
The Supreme Court ruled that internet service provider Cox Communications cannot be held liable for copyright infringement by its subscribers.
Savannah Guthrie gives first interview since mom vanished: "It is unbearable"
Savannah Guthrie said her family is in agony as she made a tearful plea for someone "to do the right thing" nearly two months after Nancy Guthrie disappeared.
Exclusive
Husband of U.S. soldier killed in Kuwait on what her service meant
The Minnesota mom of two and U.S. soldier was days from returning home from her tour in Kuwait when she was killed in an Iranian strike.
Bear cubs taken into care after mom is euthanized for attacking people
The orphaned bear cubs will receive intensive care even as their exposure to humans is limited, the San Diego Humane Society said.
Record-high temperatures possible in 17 states as heat wave expands
Seventeen states could break daily temperature records on Wednesday, as the heat wave that has been scorching the West expands into the central U.S.
MoneyWatch
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Record share of Americans carry credit card debt, can't pay off bills
About 111 million Americans are carrying credit card balances, a 17% increase in five years, new research shows.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Judge calls Pentagon's moves against AI firm Anthropic "troubling"
A judge sharply questioned a lawyer for the federal government on Tuesday over the Pentagon's efforts to cut Anthropic's AI out of its classified systems.
FedEx to offer same-day delivery as it battles with Amazon, other retailers
FedEx said it will give customers the option of two-hour or end-of-day delivery, including for large and oversized packages.
OpenAI pulls the plug on its Sora AI video app
OpenAI said Tuesday that it will discontinue the company's Sora app, which let users create AI-generated videos.
Politics
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Supreme Court sides with internet provider in dispute over pirated music
The Supreme Court ruled that internet service provider Cox Communications cannot be held liable for copyright infringement by its subscribers.
Exclusive
A security warning, buried: How a classified TSA report stalled inside DHS
An internal watchdog report in the Department of Homeland Security identified serious vulnerabilities in TSA's screenings at airports nationwide.
Live
Fate of Senate funding deal looks uncertain as DHS shutdown grinds on
Senate Democrats are still pushing for reforms to ICE on Day 40 of the DHS shutdown and plan to put forward a counteroffer. Follow live updates.
Court denies appeal to stop Riverside County Sheriff's election probe
A California sheriff running for governor has seized more than half a million ballots cast in a November special election from county election officials, saying he's investigating a ballot count discrepancy.
DOJ found no evidence of a crime in Fed renovation project, prosecutor admits
The Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve found no evidence of a crime, a federal prosecutor privately conceded under questioning by a judge.
HealthWatch
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FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
World
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Iranians who hoped war would bring change now say they feel "doomed"
Some Iranians who'd hoped for regime change say the realities of the U.S. and Israel's war have been a "rude awakening," and they just want it to stop.
2 NATO allies report Russian drone impacts amid huge attack on Ukraine
NATO members Estonia and Latvia say Russian drones hit their territory amid one of Moscow's biggest assaults on Ukraine.
Skeleton of famed musketeer possibly found in Dutch church
D'Artagnan was killed during the siege of Maastricht in 1673. His final resting place has remained a mystery ever since.
Mikaela Shiffrin wins record-tying 6th overall World Cup skiing title
The 31-year-old American matched Austrian downhill great Annemarie Moser-Pröll, who won her six titles in the 1970s.
Live
Iran mocks Trump, rejects points suggested by U.S. for peace talks
Iran's state media say the regime has rejected points suggested by the Trump administration as the basis of a potential peace deal.
Entertainment
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Entertainment
"NCIS" star on show's 500th episode
Rocky Carroll, who has played the role of Director Leon Vance on "NCIS" for nearly two decades, joins to discuss the show's 500th episode, which aired Tuesday.
Rocky Carroll on major "NCIS" twist
(Alert: Spoilers ahead!) Actor Rocky Carroll, who has played beloved "NCIS" director Leon Vance for 18 season, talks with "CBS Mornings" about a shocking twist in the series in the show's 500th episode and what he would tell his younger self.
Makers of "The AI Doc" on tech's peril, promise
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
Patrick Ball on medical drama "The Pitt"
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
Lisa Kudrow on making "The Comeback"
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
Technology
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Technology
Verdict in landmark trial against Meta
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
Jury finds Meta liable in child safety trial
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
New Mexico jury finds Meta violated protection law over exploitation claims
The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta prioritized profits over safety.
Anthropic's case against Pentagon underway
The artificial intelligence company Anthropic is challenging the Pentagon in court after the Trump administration designated it a national security risk. Tom Dupree, former deputy assistant attorney general under President George W. Bush, joins with analysis.
Science
More Science
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Pit viper among new species discovered in cave in Cambodia
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
How a fun nature app aids science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
Crime
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Savannah Guthrie gives first interview since mom vanished: "It is unbearable"
Savannah Guthrie said her family is in agony as she made a tearful plea for someone "to do the right thing" nearly two months after Nancy Guthrie disappeared.
Wife of Hawaii doctor testifies at his trial
Arielle Konig testified that her husband, anesthesiologist Gerhardt Konig, attempted to stab her with a syringe, and when that failed she said he repeatedly bashed her head with a rock during a birthday hike one year ago. Gerhardt Konig has pleaded not guilty to the attempted murder of his wife. Matt Gutman reports.
Verdict in landmark trial against Meta
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
Cold case murder of K-9 officer's wife could hinge on dog's cause of death
Paul Kovacich's defense team contends that long-suppressed evidence debunks claims that he killed his dog weeks before his wife disappeared.
Wife of Hawaii doctor takes stand 1 year after he allegedly tried to kill her
Arielle Konig took the stand to testify against her husband, anesthesiologist Gerhardt Konig, exactly one year after he allegedly tried to kill her by pushing her off a cliff during a hike in Hawaii.
Space
More Space
Fireball captured on video as meteor streaks across Pacific Northwest sky
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
NASA to spend $20 billion on ambitious moon base
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Possible meteorite crashes into Houston area home, officials say
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Eileen Collins on breaking barriers in space
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Robot umpire system makes MLB debut
Major League Baseball returns Wednesday with a new system in place. For the first time, players and managers can challenge ball and strike calls using a robot umpire system known as the Automated Ball-Strike (ABS) challenge system. Kris Van Cleave reports.
"NCIS" star on show's 500th episode
Rocky Carroll, who has played the role of Director Leon Vance on "NCIS" for nearly two decades, joins to discuss the show's 500th episode, which aired Tuesday.
Iraq war veteran on Iran war
Phil Klay, a U.S. Marine veteran who fought in Iraq and is an English professor at Fairfield University, weighs in on the U.S. operation against Iran and the contradictions among members of the Trump administration on the conflict's objectives.
U.S. soldier's husband on her death
Joey Amor, the husband of Army Sgt. 1st Class Nicole Amor, who was one of the six soldiers killed at a command center in Kuwait when the Iran war began, sat down with CBS News to talk about the impacts of losing his wife. CBS News's Jonah Kaplan has more.
Markets reacts to possible peace Iran talks
Oil prices dropped with news of possible U.S.-Iran peace talks. Isabel Wang, a markets reporter for MarketWatch, joins with more.