Iran war could lead to higher airfares, more
The war with Iran has pushed the cost of oil to $80 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to unpack the possible repercussions.
Finance
Strait of Hormuz shipping grinds to halt
Iran's threat to set ships ablaze along the Strait of Hormuz, one of the world's busiest trade routes, is raising concerns about the implications for the global economy. Matt Smith, head U.S. analyst at the data firm Kpler, joins with analysis.
Dow closes 400 points down amid Iran war outbreak
Oil prices continue to climb and U.S. stock markets remain uneasy amid the war with Iran. CBS News' Kelly O'Grady has the details.
Trump announces political risk insurance for ships in Gulf
President Trump on Tuesday said he ordered political risk insurance for the financial security of all maritime trade traveling through the Gulf. CBS News' Kelly O'Grady has more.
Iran ceases all shipping in Strait of Hormuz
For the first time in history, Iranian officials say the country has closed the Strait of Hormuz following joint strikes from the U.S. and Israel. 20% of the world's oil and gas trade flows through the passage along Iran's southern border. Politico oil and gas reporter James Bikales joins to discuss the potential financial repercussions.
Trump praises Dell family for Trump Accounts
During his State of the Union address on Tuesday, President Trump thanked Michael and Susan Dell for helping fund the new Trump Accounts program, which allows parents to open tax-free investment accounts for their children.
George Zimmerman back in jail
George Zimmerman, the man who says he shot and killed Trayvon Martin in self-defense, is being held in isolation without bond after allegedly deceiving the court about his finances. Mark Strassmann reports.
New CBS News polling on economic opportunity
CBS News has new polling on how Americans feel about the state of economic opportunity. Executive director of elections and surveys Anthony Salvanto breaks down the findings.
Rate hikes bring higher utility bills
Millions of Americans are facing higher utility bills after regulators approved a series of rate hikes. CBS News correspondent Ian Lee reports.
What's fueling the historic gold prices?
The price of gold has reached an all-time high, eclipsing $5,000 per ounce. Jim Wiederhold, commodity indices product manager at Bloomberg, joins "The Takeout" to dig into why.
Dow closes 870 points down amid tariff threats
Markets closed in the red on Tuesday amid President Trump's tariff threats against European countries for opposing his aim to acquire Greenland. Dr. Sumantra Maitra, fellow at the Royal Historical Society, joins with analysis.
U.S. Steel CEO talks Trump's "golden share"
Nippon Steel's acquisition of U.S. Steel came with an unusual provision, a so-called "golden share" that gives President Trump the power to approve some major corporate decisions. U.S. Steel CEO David Burritt talked to "CBS Evening News" anchor Tony Dokoupil about that golden share and the future of the company.
New poll as Trump nears 1 year back in office
Tuesday marks one year of President Trump's second term, and new CBS News poll numbers show dissatisfaction with his handling of the economy and immigration. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
EU weighs "trade bazooka" in response to Trump
President Trump's push to take over Greenland has escalated into a trade dispute that's sparking anger across Europe. Philip Luck, director of the Economics Program at the Center for Strategic and International Studies, joins with analysis.
Possible impacts from 10% credit card rate cap
The Dow Jones fell nearly 400 points on Tuesday as traders reacted to President Trump's proposal to cap credit card interest rates at 10% for one year. Kristin Myers, ETF editor-in-chief at Asset TV, joins to discuss how the plan could impact borrowers if implemented.
Trump unveils plan for housing affordability
President Trump has unveiled two policies aimed at making home ownership more affordable. One is to ban large investors from buying single-family homes and another is for the federal government to purchase $200 billion in mortgage bonds. Collin Allen, executive director of the nonpartisan American Property Owners Alliance, joins to weigh in on the plans.
2026 changes to student loans: What to know
The Trump administration is set to resume wage garnishment for student loan borrowers in default. Michele Zampini, associate vice president for federal policy and advocacy at the Institute for College Access and Success, joins to discuss how borrowers can prepare.
Key takeaways from mixed December jobs report
The Bureau of Labor Statistics reports the U.S. added 50,000 jobs in December, which is lower than analysts had expected. However, the unemployment rate dropped slightly to 4.4%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Trump meets with oil executives over Venezuela
President Trump met with oil company executives at the White House on Friday afternoon to discuss Venezuela's oil supply. CBS News' Aaron Navarro and University of Houston energy fellow Ed Hirs join with analysis.
Economic news to watch for in 2026
With just one day left of trading before the new year, CBS News is taking a look at where things stand today and what might be driving the markets in 2026. Dallas Morning News business editor Javier David joins with more.
Trump again floats firing Fed Chair Powell
At a news conference on Monday, President Trump again stated his desire to fire Federal Reserve Chair Jerome Powell, whose term expires in May. While some contenders to replace him have been floated, the president has made clear he wants whoever the next head of the central bank is to continue cutting interest rates. Business reporter Erin Delmore joins with analysis.
Midwesterners grapple with rising prices
Recent CBS News polling shows Americans have a bleak view of the state of the economy. CBS News correspondent Lana Zak has firsthand insight into how Americans are dealing with economic pressures this holiday season.
Economic views fall short of early 2025 hopes
Americans entered 2025 with optimistic expectations for jobs, inflation and living costs. But as we near the end of the year, recent CBS News polling finds that only 32% of people view the current economy positively. CBS News executive director of elections and surveys Anthony Salvanto breaks down the results.
Role of Trump's tariffs in Q3 GDP surge
New government data reveals the U.S. economy saw a major surge in the third quarter of 2025. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the results.
Poll: Americans sour on state of economy
According to new CBS News polling, more Americans attribute the state of the economy to President Trump rather than to former President Joe Biden. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Missing Auburn University student in Japan found dead, mother says
James Higginbotham was found dead in a mountainous area outside Kyoto by a volunteer search-and-rescue group, his mother said.
Live
Iran accuses U.S. of violating ceasefire as stalemate continues in peace talks
The U.S. military reported that it shot down four Iranian one-way attack drones headed toward the Strait of Hormuz overnight Saturday.
Jared Kushner-backed luxury resort stokes days of protests in Albania
The so-called "Flamingo Revolution" has taken up the cause of protecting the Albanian coast from a development led by the president's son-in-law.
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
In France, Hegseth invokes immigration and "invasion" in D-Day remarks
Hegseth's speech echoed broader Trump administration rhetoric over border security and migration in Europe.
U.S. doctor with Ebola recovers from deadly virus, German hospital says
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
Iran soccer team departs for Mexico ahead of World Cup
Problems with processing visas had earlier led Iran to move its training base from Tucson, Arizona, to Tijuana, Mexico.
Israeli forces kill Palestinian baby in the West Bank: Health ministry
Sam Fahd Abu Haikal was killed Friday evening, and his parents were wounded, the Palestinian health ministry said.
FBI fires analysts who worked on memo about Catholic extremist ideology
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
U.S.
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Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Why a 55-mile trek is a mandatory rite of passage for freshmen at one high school
The five-day, 55-mile Appalachian Trail hike is a 53-year tradition for freshmen at St. Benedict's Preparatory School.
Park ranger dies after falling into crevasse on America's tallest peak
The National Park Service said a ranger in Alaska fell into a crevasse and died on North America's tallest mountain.
FBI fires analysts who worked on memo about Catholic extremist ideology
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
Exclusive
After deadly bus crash, investigators probe company's links to other carriers
The company that operated a bus involved in a deadly crash in Virginia last week has ties to a broader network of travel firms, including one shut down by regulators a decade ago, a CBS News investigation has found.
MoneyWatch
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Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
The job market is much stronger than economists expected. Why?
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
Second Facebook privacy settlement payment is coming soon
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
Employers added 172,000 jobs in May, surging past expectations
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Meta is selling $3.99 monthly subscriptions for Instagram Plus
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
Politics
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Becerra advances in California governor's race, CBS News projects
Former U.S. Health and Human Services Secretary Xavier Becerra, a Democrat, will advance to the November election in the California governor's race, CBS News projects. A second candidate in the race has not yet been projected to advance.
Colombia's Petro accuses Trump of intervening in his country's election
Colombian President Gustavo Petro argues the U.S. has chosen to align against his government and back forces he identifies as complicit in the drug trade.
No bags, no watch parties: What to expect when Trump attends NBA Finals
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
FBI fires analysts who worked on memo about Catholic extremist ideology
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
DOJ confirms in court papers the "anti-weaponization fund" isn't going forward
In a pair of legal filings Friday, the Justice Department stated in writing for what appears to be the first time that a controversial $1.7 billion "anti-weaponization fund" will not continue.
HealthWatch
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U.S. doctor with Ebola recovers from deadly virus, German hospital says
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
Veteran runs to fight "life-changing disease" after minor symptoms
Dr. Sara Whittingham thought she would know if something was wrong. But her minor symptoms had a surprising cause.
In Congo, doctors face Ebola with little protection: "We live with fear"
Travel bans and conflict have disrupted supply chains in the Democratic Republic of Congo, leaving health workers without Ebola tests and protective gear needed to contain the outbreak.
FDA moves ahead with safety study of abortion pill mifepristone
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
Upcoming billing change could make pregnancy pricier
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
World
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Iran soccer team departs for Mexico ahead of World Cup
Problems with processing visas had earlier led Iran to move its training base from Tucson, Arizona, to Tijuana, Mexico.
Jared Kushner-backed luxury resort stokes days of protests in Albania
The so-called "Flamingo Revolution" has taken up the cause of protecting the Albanian coast from a development led by the president's son-in-law.
In France, Hegseth invokes immigration and "invasion" in D-Day remarks
Hegseth's speech echoed broader Trump administration rhetoric over border security and migration in Europe.
Missing Auburn University student in Japan found dead, mother says
James Higginbotham was found dead in a mountainous area outside Kyoto by a volunteer search-and-rescue group, his mother said.
Russian teen claims first Grand Slam tennis title with French Open win
The eighth-ranked Andreeva ended the run of 114th-ranked Polish qualifier Maja Chwalinska in the French Open final on Saturday.
Entertainment
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Entertainment
Patton Oswalt on his new comedy special
Patton Oswalt sits down with "CBS Saturday Morning" to discuss his new special, "Tea & Scotch," and reflect on his comedic journey.
Simon Pegg and Lizzy McAlpine on new film
Simon Pegg and Lizzy McAlpine sit down with "CBS Saturday Morning" to discuss their new film, "Only What We Carry," which was shot in six days and mostly improvised.
Ashley McBryde performs "Ten To Midnight"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "Ten To Midnight."
Ashley McBryde performs "Bottle Tells Me So"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "Bottle Tells Me So."
Ashley McBryde performs "What If We Don't"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "What If We Don't."
Technology
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Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Anthropic on global pause on AI development
Anthropic is urging a pause in AI development amid growing concerns about future risks, though some experts question the company's motives. Vicky Ge Huang, a reporter for The Wall Street Journal, joins CBS News with more 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.
Alarm over computer "worms" created with AI
Experts are warning about computer "worms" created with AI that can infect devices and harm users without restraint. University of Toronto professor Nicolas Papernot joins with more.
New details on SpaceX IPO plans
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
Science
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El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Crime
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Crime
L.A. police chase ends in deadly shooting
The freeways of Los Angeles saw two big police pursuits on Friday. The first chase ended when authorities reported that a robbery suspect was shot and killed on the busy 405 Freeway during morning rush hour. In the second incident, an alleged carjacker was taken down by a police K-9 following a meandering three-hour chase. Carter Evans has more.
Marine veteran fights off armed attackers
A Marine veteran was working on his truck in front of his home in Oxon Hill, Maryland, this week, when four teens tried to rob him at gunpoint. That is when his military training kicked in. Tom Hanson reports.
Judge orders detention of ex-CIA official found with $40 million in gold bars
Former CIA official David Rush was arrested in May after FBI agents found gold bars worth about $40 million at his home while probing whether he had lied about his educational and military background, according to court records.
Man attacks 21-year-old over lake access
Steven Dana, 70, is facing multiple charges, including attempted murder, after a video emerged of him attacking a 21-year-old man who was riding a jet ski in Massachusetts' Lake Maspenock with friends. CBS News Boston's Anna Meiler reports.
Man gets life in prison for double murder scheme in affair with au pair
Brendan Banfield, a former IRS law enforcement officer, claimed he shot Joseph Ryan after he came across Ryan attacking his wife.
Space
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Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
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.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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?
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
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Latest CBS News Videos
World Cup sparks boom in U.S. youth soccer
The World Cup begins next week, but ahead of the competition, "CBS Saturday Morning" visits Chicago, where kids from various backgrounds are exposed to soccer through USA Soccer's "Soccer Forward" program.
Albanians protest Kushner-backed resort plan
Crowds of Albanians gathered in Tirana to continue protesting plans for a resort backed by President Trump's son-in-law, Jared Kushner, set to go up on the country's Adriatic coast. CBS News' Emmet Lyons reports.
The Dish: Bánh Anh Em
Bánh Anh Em is the newest restaurant by chef Nhu Ton and John Nguyen, where they say memory is the secret ingredient to their acclaimed Vietnamese food.
Patton Oswalt on his new comedy special
Patton Oswalt sits down with "CBS Saturday Morning" to discuss his new special, "Tea & Scotch," and reflect on his comedic journey.
Simon Pegg and Lizzy McAlpine on new film
Simon Pegg and Lizzy McAlpine sit down with "CBS Saturday Morning" to discuss their new film, "Only What We Carry," which was shot in six days and mostly improvised.