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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.
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.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
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.
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.
"CBS Saturday Morning" offers tips for avoiding scams this tax season.
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.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
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.
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.
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.
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.
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.
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 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.
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's CPI report shows inflation held steady. Erin Delmore, a geoeconomics correspondent, joins to break it down.
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)
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.
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 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.
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.
Oil prices have soared as the war against Iran continues on its 10th day, hitting $100 per barrel for the first time since July 2022. Kristin Myers, the ETF editor-in-chief for Asset TV, breaks down the economic impact. Salvatore R. Mercogliano, an adjunct professor at U.S. Merchant Marine Academy, breaks down where things stand with the Strait of Hormuz.
Energy Secretary Chris Wright told "Face the Nation with Margaret Brennan" that he believes that oil and gas prices "shouldn't go much higher than they are here because the world is very well supplied with oil," adding that the conflict in the Middle East is "not a long-term war."
Jill Schlesinger joins "CBS Saturday Morning" to discuss how the war against Iran is impacting the price of oil and gas. She also breaks down the February jobs report.
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
Director of National Intelligence Tulsi Gabbard told senators that the Iranian regime "appears to be intact but largely degraded" by ongoing U.S. and Israeli strikes.
Sen. Markwayne Mullin is appearing before the Senate Homeland Security & Governmental Affairs Committee for a confirmation hearing, which Sen. Rand Paul chairs.
Acting deputy TSA administrator Adam Stahl says the situation will get worse the longer the agency and the Department of Homeland Security don't receive funding.
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
Sen. Markwayne Mullin is appearing before the Committee on Homeland Security after President Donald Trump nominated him to replace Kristi Noem as the Homeland Security Secretary.
As Disney CEO, Josh D'Amaro will be in charge of a massive entertainment empire that includes parks, movies and a streaming service.
USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.
Travelers hoping to bypass some of the increasingly long wait times at U.S. airports can enroll in the TSA PreCheck Touchless ID program, which is now operating at 65 locations.
As Disney CEO, Josh D'Amaro will be in charge of a massive entertainment empire that includes parks, movies and a streaming service.
Sen. Markwayne Mullin is appearing before the Committee on Homeland Security after President Donald Trump nominated him to replace Kristi Noem as the Homeland Security Secretary.
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.
Travelers hoping to bypass some of the increasingly long wait times at U.S. airports can enroll in the TSA PreCheck Touchless ID program, which is now operating at 65 locations.
As Disney CEO, Josh D'Amaro will be in charge of a massive entertainment empire that includes parks, movies and a streaming service.
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
USPS Postmaster General David Steiner said raising the price of stamps would "largely solve" the agency's financial woes.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
Sen. Markwayne Mullin is appearing before the Committee on Homeland Security after President Donald Trump nominated him to replace Kristi Noem as the Homeland Security Secretary.
From intelligence to research and grant applications, artificial intelligence is playing a bigger role in government and military operations.
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
An Arkansas law requiring that the Ten Commandments be prominently displayed in public school classrooms has been struck down by a federal judge.
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.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
The skeleton is the latest in a series of bodies discovered in the city of Dijon that were mysteriously buried in a seated position while facing west.
Italian soldiers are patrolling Rome's ancient Jewish quarter and Belgian troops will help secure Jewish sites as an official warns the threat of antisemitic violence "is very real."
Video widely shared online showed a woman angrily confronting a robot as it waved its metallic arms at her, while a crowd of onlookers gathered around.
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
The band The Last Dinner Party is coming to the U.S. next week to tour its second album, "From the Pyre." The members of the band spoke to Anthony Mason about how they met, their rapid rise to fame and the support they've had along the way.
For more than 30 years, Vanity Fair has thrown an exclusive Oscar's after party. This year, the magazine's new global editorial director Mark Guiducci decided to trim the guest list, didn't allow press inside and even required guests to put a sticker over their phone camera for privacy. He speaks to "CBS Mornings" and gives an up-close look at the party.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
From intelligence to research and grant applications, artificial intelligence is playing a bigger role in government and military operations.
A verdict could come as soon as Tuesday in the landmark trial against Meta and Google for allegedly fueling social media addictions. CBS News contributor Jessica Levinson has more.
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.
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Sen. Ron Wyden questioned Director of National Intelligence Tulsi Gabbard about the intelligence agencies' assessment of Iran's capability of striking neighboring countries and blocking the Strait of Hormuz before the U.S. and Israel attacked the country.
Top U.S. intelligence officials, including Director of National Intelligence Tulsi Gabbard, are testifying about the Iran war on Wednesday before a Senate committee. In her prepared opening statement, she omitted details on Iran's nuclear program that were previously planned. CBS News' Taurean Small has more.
Sen. Markwayne Mullin's Senate confirmation hearing to replace Homeland Security Secretary Kristi Noem began Wednesday with contentious remarks from Sen. Rand Paul. CBS News' Nikole Killion has the latest.
Sen. Mark Warner questioned Director of National Intelligence Tulsi Gabbard about her involvement with the FBI search at a Georgia elections office, foreign interference and why she omitted a portion of her prepared opening statement that said, "As a result of Operation Midnight Hammer, Iran's nuclear enrichment program was obliterated."
CBS News contributor and former CIA assistant director for counterterrorism Joseph Zacks slammed Joe Kent's resignation as director of the National Counterterrorism Center. "What troubles me even more in [Kent's] resignation is that he in fact, in my opinion, put a segment of the United States citizenry in danger," Zacks said.